The Dig: Crashed with Adam Tooze

Jacobin Radio

Jacobin

Socialism, History, News, Left, Jacobin, Alternative, Socialist, Politics

4.7 • 1.5K Ratings

🗓️ 19 December 2018

⏱️ 122 minutes

🔗️ Recording | iTunes | RSS

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Summary

Historian Adam Tooze, the author of Crashed: How a Decade of Financial Crises Changed the World, explains how crisis in an unprecedentedly powerful and interconnected global banking system coursed through American homes and European sovereign debt markets, exploding into the Tea Party and the European politics of austerity — and, ultimately, leading to today's legitimation crisis of the reigning political establishment and economic order.

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Transcript

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0:00.0	This episode of The Dig is brought to you by our listeners who support us at patreon.com
0:05.2	and by Verso Books, which has loads of great left-wing titles, perfect for Dig listeners like you.
0:16.4	One that you might like is the 2019 Verso Radical Diary and Weekly Planner. A stylish diary filled with radical historical dates
0:21.4	from across the world.
0:23.2	The 2019 Verso Radical Diary is a beautifully designed weak to view planner where you can keep
0:29.1	track of the year ahead.
0:31.2	Alongside illustrations and book excerpts it features significant radical dates from
0:36.0	throughout history including the English Civil War and Black Panther
0:39.5	movement through to the protests of 1968 and feminist emancipation,
0:44.0	touching on the lives of revolutionary such as Angela Davis, Rosa Luxembourg,
0:48.0	and Martin Luther King Jr.
0:50.0	The 2019 edition includes illustrations from Savage Messiah, Laura Oldfield Ford's brilliant
0:57.7	psycho geographic graphic novel, as well as extracts from brand new Verso Books,
1:03.5	including Revolting Prostitudes, New Dark Age,
1:06.8	and Paradise Rot.
1:09.0	The 2019 Verso Radical Diary and Weekly Planner.
1:13.0	Out now from none other than Verso Books.
1:17.0	Welcome to the Dig, a podcast from Jacobin magazine. My name is Daniel
1:29.3	Denver and I'm broadcasting from Providence, Rhode Island.
1:34.0	Ten years ago, a financial system of unprecedented complexity and power
1:39.2	rapidly spiraled into crisis, dragging much of global politics and the economy down with it.
1:46.2	As my guest today, historian Adam II's details in his book crashed how a decade of financial
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