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Looks at money as created through debt, but backed by theft. Examines the exchange of labor that money purportedly represents. Questions the high cost of housing and services vs. the low cost of food and goods. Develops 10 features that a successful turnaround plan would need to have, and explains how a strategy to deal with hyperinflation is the opposite of inflation.
Third Paradigm is written, performed, and produced by Tereza Coraggio. Please contact at tereza(at)thirdparadigm.org with comments or if airing this show.
Multimedia transcripts and all things web are produced by Mike Scirocco. This episode is posted at http://www.thirdparadigm.org/3p_064.php.
Music: "Welcome, Ghosts" by Explosions in the Sky, "Before I Go" by John Hiatt, and "Freedom Hangs Like Heaven" by Iron & Wine.
Reads the poems "Each of Us Has a Name" by Zelda, "For the Sleepwalkers" by Edward Hirsch, and "Everything is Going to be All Right" by Derek Mahon. Tells the story of meeting Claudia Solerno, Venezuela's Presidential Envoy on Climate Justice, at the Green Festival. Quotes a study from Fast Food/Slow Food: the Cultural Economy of the Global Food System by Richard Wilk, and an article by economist Michael Hudson called "Krugman, China and the Role of Finance." Talks about holiday shopping tips from Fair Trade USA, Shop to Stop Slavery's guide, Free2Work's I-phone app, and Kyle Thiermann's video, "Buy Local, Surf Global."
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