The Global Order of Money.
How exactly does it make the world go ‘round?
We’ve hit on some big economic themes from capitalism and socialism to deregulation, privatization and Modern Monetary Theory. And we’re typically focused on results and outcomes of policies related to these theories. Today we’re taking a step back to examine the nature of capital and examining the nature of currency, trade and debt. Money is great, but who prints it? Who decides how much to print and what it’s worth? Who creates the rules of engagement for international trade? Big picture stuff only today, Unf*ckers but we do raise some even bigger questions at the end of the show. With that, let’s unf*ck The Global Order of Money.
Show Notes
Clips
Episode Timestamp + Link | Clip Link
- 00:00:07 | The Boiler Room: Speech
- 00:05:51 | Frankie Laine and Jimmy Boyd: Tell Me a Story
- 00:06:04 | 1944 Bretton Woods International Monetary Conference
- 00:07:27 | Scala & Kolacny Brothers: You Can't Always Get What You Want
- 00:13:20 | Noam Chomsky: Foundations of World Order: the UN, World Bank, IMF & Decl. Human Rights 1999
- 00:24:54 | Beyoncé: Run the World (Girls)
- 00:25:51 | Mean Girls: Stop Trying to Make Fetch Happen
- 00:27:34 | Trading Places: We are Commodity Brokers
- 00:29:31 | Gung Ho: Superior Quality Workers
- 00:30:42 | IMF: How the IMF Works
- 00:37:31 | Yanis Varoufakis: Technofeudalism- Explaining to Slavoj Zizek why I think capitalism has evolved into something worse
- 00:41:49 | BBC Newsnight: Yanis Varoufakis, “Greece is a mouse being squashed”
- 00:43:49 | There Will Be Blood: I Drink Your Milkshake!
Resources
- World Trade Organization: Clash of the GATT negotiators
- International Monetary Fund: Where the IMF Gets Its Money
- The Guardian: Working at the World Bank, I can see how it is failing humanity on the climate crisis
- Reuters: U.S. committed to WTO and wants it to succeed, trade rep Tai says
Book Love
- The War That Ended Peace: The Road to 1914, by Margaret MacMillan
- The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources, by Javier Blas and Jack Farchy
- Zombie Capitalism: Global Crisis and the Relevance of Marx, by Chris Harman
- Writings of Eugene V Debs: A Collection of Essays by America's Most Famous Socialist by
- The Dawn of Everything: A New History of Humanity by David Graeber and David Wengrow
UNFTR Quick Links