Aufhebunga Bunga
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/368/ Don't Pay Them Back (II) ft. Jerome Roos
🕑 Added 2023-10-10 13:01:39 +0000 UTCOn the structural power of global finance.
[Patreon Exclusive]
This is the continuation of our interview with scholar Jerome Roos about his book, Why Not Default?
How can we break apart the power of international institutions that act as executor of the interests of global capital? Is a Republican in the White House preferable to a Democrat for this reason? What is China's modus operandi with regard to debt, and how are sovereign debt negotiations getting more complicated in a multipolar world?
In the After Party, the Bunga boys debate how hard it is to "take back control", whether you need a mass uprising to do so, and how a country like Britain compares to Greece or Argentina in its efforts to face down or withdraw from international institutions.
Links:
- Why Not Default?: The Political Economy of Sovereign Debt, Jerome Roos
- Memoria del saqueo (Social Genocide), film on 2001 debt crisis and uprising in Argentina (many versions available online)
- /83/ Now It’s Syrizous (episode on Syriza's defeat in Greece)
- The World in One Country: Greece, Jonas Kyratzes (part of ep.200)
Comments
Lee Jones
Excellent episode. Much more to say on China, though, which is operating far more like a normal capitalist state (desperately trying to get its commercial lenders' money back) than many realise.
Tom McLaughlin
I did get the reference, & to my chagrin, when Phil came in with the common touch, I realized my room was, in fact, darkened.. D'oh!
