4.8 • 1.4K Ratings
🗓️ 18 December 2023
⏱️ 79 minutes
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0:00.0 | I'm Naomi Klein and I am at Navarro Media right now having just done in a wonderful in-depth interview and this is why I love Navarro Media and I listen regularly and watch to find out what the hell is going on in the UK. |
0:15.2 | It is so critical to have independent media that we can trust that goes deep on the issues |
0:20.8 | and also lets people stay up on the day-to-day twists and turns. |
0:24.4 | It's going to be especially important for your next election. |
0:27.2 | So I'm incredibly grateful that Navarro media exists and it exists because people support it so make sure to support |
0:34.8 | Navarro Media we need left institutions and that means that we have to support |
0:39.6 | them when they're doing such great work as Navarre media is. |
0:43.0 | Thanks. |
0:44.0 | Your rent is getting more expensive. |
0:52.0 | Your rent is getting more expensive, your bills are getting more expensive, everything it seems is getting more expensive. Why? |
1:00.0 | Well a big part of the explanation is financialization. |
1:04.3 | People in the financial services making tremendous amounts of money while ordinary people |
1:10.0 | struggle. Many get poorer. |
1:12.3 | But it turns out the masters of the universe, those running the |
1:16.1 | financial services, aren't necessarily the cliches and stereotypes we often think about. |
1:21.2 | They aren't the Gordon Gekko of yes the year, the investment bankers |
1:25.2 | who often come to mind. In fact, the companies who increasingly control much of the infrastructure |
1:30.8 | we depend on are asset managed funds. They control tens of trillions |
1:36.8 | of dollars worth of infrastructure. But here's the thing, that isn't enough because they broadly want all of it. Yes, when it comes |
1:47.4 | to the public sphere, these people want to privatize everything. |
1:53.0 | Now this may sound complex, quite esoteric, |
1:55.3 | but I don't want you to worry because today's guest |
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