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This Is Hell!

The Global Economy Runs on Extraction / Laleh Khalili

This Is Hell!

This Is Hell!

News

4.9937 Ratings

🗓️ 1 October 2025

⏱️ 105 minutes

🧾️ Download transcript

Summary

Political Scientist Laleh Khalili joins us to discuss her new book, "Extractive Capitalism: How Commodities and Cronyism Drive the Global Economy" out now from Verso. "The Moment of Truth" with Jeff Dorchen follows the interview. Check out Laleh's book here: https://www.versobooks.com/products/3405-extractive-capitalism Help keep This Is Hell! completely listener supported and access bonus episodes by subscribing to our Patreon: https://www.patreon.com/thisishell Please rate and review This Is Hell! wherever you get your podcasts. It really helps the show ascend the algorithm to reach new listeners.

Transcript

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0:00.0

Behind every great fortune lies a great crime because this is hell, and the crimes committed

0:08.9

against humanity and the planet through extractive capitalism are often, though immoral and

0:14.4

illegal, protected by law.

0:16.3

No matter the damage, whether it's lives that are exploited, ruined, or lost, or an environment

0:21.7

made toxic, poisoned by the relentless search for profit.

0:26.3

They have fueled massive fortunes since industrialized capitalism began.

0:30.0

It helped us have a better understanding of a form of capitalism we likely, rarely consider

0:34.6

in our daily transactions we are very happy to have returning to the show.

0:41.2

Political Science Scholar and author Lala Kalili, author of the new book, Extractive Capitalism, How Commodities and Cronism Drive the Global Economy.

0:49.9

Go to our website, search on her name, L-A-L-E-H, and find our past interviews with her.

0:55.6

And you can follow Lala on Twitter at Lala Kalili.

0:58.7

That's L-A-L-E-H-K-H-H-A-L-I-L-I.

1:03.2

Welcome back to the show, Lala.

1:06.6

Hi, Chuck.

1:07.7

And oh, my God, what an introduction that was.

1:14.3

Can I just quickly, though, make a very interesting little correction. I am no longer at Queen Mary. And the reason that I left was,

1:21.0

I was very interested to hear your discussion with Will about their union negotiations. We had a series of academic strikes

1:30.1

a few years back, and Queen Mary actually asked students to snitch on us. They actually set up

1:36.1

a Google form for the students to snitch on us. And given that I grew up in Iran, and that kind of a snitching, which obviously also

1:47.0

Trump's new regulations, apparently wants not only your next-door neighbor, but also

1:52.6

the government institutions to do.

1:54.5

I was just shocked that the university was trying to break the bond of trust between us

...

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