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The Bunker

Against the rules: Inside the war on financial regulation

The Bunker

Podmasters

News, Politics, Society & Culture, Government

4.6984 Ratings

🗓️ 19 April 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

Investment zones have been hailed by some politicians as the solution to our economic woes. But what are the risks of economic gated communities? By existing outside of the usual rules of the state, do they undermine democracy? Alex Andreou is joined by historian Quinn Slobodian, author of Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy, to unpack why these zones are increasingly appearing across the globe and why politicians like Kwasi Kwarteng are so keen to back them. “London has come to see the presence of the super-wealthy as a sign of urban health.” “Thatcher’s biggest legacy wasn’t creating democratic free markets, but creating sites for wealth hoarding for non-democratic forms of capitalism.” Book Link: https://www.penguin.co.uk/books/316685/crack-up-capitalism-by-slobodian-quinn/9780241460245 https://www.patreon.com/bunkercast Written and presented by Alex Andreou. Audio production by Alex Rees. Producer: Kasia Tomasiewicz. Managing editor: Jacob Jarvis. Music: Kenny Dickinson. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved

0:05.5

photography but I turn it into earning a living at 60. I enrolled on a day course.

0:11.8

Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?

0:13.0

I loved going to college.

0:14.0

It's good you can retrain and do something.

0:16.0

Yeah, yeah.

0:17.0

Let's talk about working, learning, saving and making the most of living longer.

0:22.0

Phoenix Group is the UK's largest long-term savings and retirement business.

0:28.0

Search Phoenix Group living longer.

0:30.0

Pets brings so much joy.

0:32.0

From those happy greetings at the door to the warm cuddles on the sofa

0:36.7

so give a little love back with dental life from Purina a range of delicious chues made for dogs and tasty snacks for cats that help clean and support your pets, teeth and gums, essential for their overall well-being and a happy, healthy life. They give you plenty of smiles so

0:55.3

look after theirs with dental life. It is easier to imagine the Banker Daily, I am your host, Alex Andrea.

1:13.2

It is easier to imagine the end of the world than the end of capitalism.

1:18.1

The cultural theorist Mark Fisher of Cape Punk fame once wrote.

1:22.2

Well, it turns out that two might not be completely unrelated.

1:25.7

The end of capitalism might mean the end of the world, at least as we know it.

1:29.8

My guest today is a Canadian historian and professor of the history of ideas at Wellesley College.

1:35.3

He has authored and edited several books, the latest of which is a handsome volume I have right here,

1:40.9

provocatively titled Crack Up Capitalism, Market Radicals and The Dream of a World

1:46.1

Without Democracy. Welcome to the bunker, Quinn Slobidian.

1:49.8

Happy to be here. Quinn, why crack up capitalism, first of all?

...

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