THE CANCER STAGE OF CAPITALISM – — on It’s Our Money
IT’S OUR MONEY with Ellen Brown
THE CANCER STAGE OF CAPITALISM
Economies are life forces – interdependent systems built upon the facts of life and living. “Life capital” as Ellen’s noted guest Dr. John McMurtry says, is at the heart of true economic reckoning, and money is merely one derivative. McMurtry describes Capitalism as being in a cancerous stage in which it’s being devoured from within by metastasizing greed and self-interest, devouring all living materials in its path. Similarly, we look at the new What Wall Street Costs America project and get specific about how that cancer reality looks in Jefferson County, AL, which declared bankruptcy after buying into toxic interest rates swaps from Wall Street salesmen. One thing though – we also talk about the antidote for that cancer: public banks!
Co-hosted by noted public banking author Ellen Brown and PBI’s chair and media guru Walt McRee, each episode of “It’s Our Money” offers new perspectives, deeper information, and articulate interviews with thought leaders and activists fighting for a democratic and just economy. Join Walt and Ellen, with reports by economic justice advocate Matt Stannard, and guests who connect the dots on public banking, the restoration of the commons, global finance, and more. A Public Banking Institute Presentation.
This show was broadcast on May 4, 2016.
