MEDIA ROOTS — If you’ve taken Economics 101, you may have had the same realisation I did when the course reached the part where the USA, for example, goes off the gold standard and the dollar becomes a purely fiat currency with no gold or anything tangible backing it. When the issues of the business cycle arise, the inherent boom … Read More
MEDIA ROOTS — Graham Hancock, arguably the world’s foremost expert on ancient mysteries, has devoted his life to uncovering and demystifying the rituals, legends, and wisdom of ancient cultures. In this video, he investigates oft-ignored inconsistencies. For example, he discusses the true age of the Great Sphinx of Giza, which remains under debate. Scholars’ estimates vary widely, though mainstream Egyptologists generally … Read More
MEDIA ROOTS — The current Global Recession, which like the Hurricane Katrina disaster, is largely manmade due to poor planning and political will refusing to respond adequately. Italians seem to be ahead of the curve with their response by convening a summit on political economics. Despite a media blackout, over 2,000 Italians packed into a basketball stadium for the first … Read More
Pacifica Radio’s Guns and Butter has stayed on the drumbeat coverage of the revolutionary economic school of thought, Modern Monetary Theory (MMT), broadcasting extensive audio from the grassroots economic summit in Rimini, Italy produced by journalist Paolo Barnard: Summit Modern Money Theory 2012. At Media Roots, we’ve covered the entire series. With this week’s instalment, Dr. Stephanie Kelton’s discussion includes: … Read More
MEDIA ROOTS — In order to move from a liberal capitalist society, organised around elite interests, to a socialist political and economic system run by and for working people, the problem of false consciousness among the USA’s working-class must be confronted, argues Dr. Jeremy Cloward of Diablo Valley College in his paper entitled “The State, Class And False Consciousness Within … Read More
