Documentary #5: The Call For A New Economy
Upstream
Upstream
4.9 • 2.1K Ratings
🗓️ 21 March 2017
⏱️ 56 minutes
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Summary
Bellowing out in the songs of eco-village choirs and reverberating down city streets through the chants of the 99%, the call for a new economy echoes out over the dying gasps of late capitalism. From energy co-operatives in Spain that are literally bringing power to the local level, to a small school hidden deep in the English moors that is redesigning the study of economics, to a vast coalition in North America that is challenging domination by the 1%, this episode of Upstream explores the movement for a new economy. Our story begins in 1984, just outside of the G7 World Economic Summit in London, where a small group convened a counter summit to challenge the ideas and theories that dominated mainstream economics. We follow the ripples of this seminal event as they radiate out through the world and on into our current era of Trump & Brexit. This lineage traces back to the work of the renegade economist E. F. Schumacher (1911-1977). You'll hear from him, as well as many of the other people and organizations on the cutting-edge of this broad movement that is working to revolutionize the way we think about what the economy is, the way economics is taught, and the way we embody new economics in practice. Featuring: Tim Crabtree - Senior Lecturer at Schumacher College Aniol Esteban - Program Director of The New Economics Foundation E. F. Schumacher - From the archives of the Schumacher Center for New Economics Satish Kumar - Founder of Schumacher College & Editor of Resurgence & Ecologist Magazine Jonathan Dawson - Coordinator of the Economics for Transition M. A. Program at Schumacher College Kate Raworth - Author of Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist Katherine Trebeck - Senior Researcher at Oxfam Eli Feghali - Director of Communications and Online Organizing for the New Economy Coalition Andres Montesinos - Coordinator at Som Energia Isabel Benitez - Coordinator of the New Economy & Social Innovation Forum Music: Lanterns (theme music) Amonie Tapes and Topographies Owu Kou Woo Haunted Haus Cover image by Robert Raymond Also, don't forget to subscribe, rate, and review the show on iTunes. https://itunes.apple.com/us/podcast/upstream/id1082594532?mt=2
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Transcript
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| 0:00.0 | Oh, oh, oh, oh, oh, oh, You are listening to upstream upstream upstream a radio documentary series that invites you to |
| 0:29.7 | unlearn everything you thought you knew about economics. I'm Dela Duncan and I'm |
| 0:35.5 | Robert Raymond. Join us as we journey upstream to the heart of our economic system |
| 0:41.0 | and discovered kylene edge stories of game-changing solutions based on |
| 0:45.8 | connection resilience and prosperity for all. The green. The group of seven, or simply G7, is a group of the world's most advanced economies. |
| 1:10.0 | The world's seven richest industrialized democracies. |
| 1:13.0 | No, the G7 summit, which is still ongoing. |
| 1:17.0 | Trade markets should remain open, not close. |
| 1:20.0 | The G7 leaders conceded they failed to solve the problems of |
| 1:24.0 | mass on employment. |
| 1:25.0 | After a final round of meetings the G7 leaders posed for another family photo. |
| 1:30.0 | Keep our economy growing and creating jobs. |
| 1:32.0 | The economy and the need to boost growth globally. |
| 1:35.0 | We've not yet shared your success in bringing down unemployment, |
| 1:39.0 | although profits are well up. |
| 1:41.0 | There was to be some hard bargaining ahead in talks on the world economy. |
| 1:45.0 | Global economic growth is now so weak that the world could face another major financial crisis. |
| 1:50.0 | A viral shot in the arm for the world economy. |
| 1:51.0 | Protests against global capitalism, pro-environment protests, protests calling for |
| 1:56.5 | death relief for poor countries. |
| 1:58.6 | The gross national product has been increasing. |
| 2:01.1 | Thousands of demonstrators took to the streets Saturday |
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