Laura Flanders & Friends | Catastrophic Capitalism in 2023: The Invisible Causes of Economic Inequality @LauraFlandersAndFriends | Uploaded September 2023 | Updated October 2024, 53 minutes ago.
Stay informed and engaged! Don't miss out on our captivating weekly episodes that dive deep into the heart of our economy, culture, and politics. SUBSCRIBE HERE youtube.com/channel/UCFLRxVeYcB1H7DbuYZQG-lg?sub_confirmation=1
As we commemorate the 15th anniversary of the 2008 financial crisis, we explore the urgent questions surrounding the extractive nature of capitalism and its impact on democracy and economic inequality. What are the consequences of “capital bias”, an economic and social system that prioritizes wealth and the wealthy at the expense of manufacturing, people and the planet? And in what ways is “wealth supremacy” as deadly as white male supremacy — and every other kind? In this episode, we sit down with Marjorie Kelly, author of the newly-released book “Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises”, and Edgar Villanueva, a member of the Lumbee people and Founder of the Decolonizing Wealth Project. We urgently need a spiritual revolution — could Indigenous perspectives offer alternative ways of thinking about wealth and community? All that, plus an update from Laura on a special collaboration between the Laura Flanders Show and the Bioneers: Revolution from the Heart of Nature podcast.
“. . . Big capital is out there right now buying water rights . . . Communities are saying no . . . Water needs to be declared a public trust. You have these two completely different worldviews, which show us we can have a financialized world or we can have a democratic world . . .” - Marjorie Kelly
“. . . Capitalism was completely founded upon the enslavement of Black people in this country. That is the blueprint for our economy. I don't know how to take racism and harm out of that existing system without completely imagining a new system . . .” - Edgar Villanueva
👥 Today’s Guests
1️⃣ Marjorie Kelly
Marjorie Kelly is a Distinguished Senior Fellow at The Democracy Collaborative, a nonprofit organization dedicated to creating a more democratic economy. She is a leading theorist in democratic economies, focusing on next-generation enterprise and place-based impact investing. Her latest book, "Wealth Supremacy," builds on her previous work to launch an urgent conversation about the destructive nature of wealth accumulation and its role in economic inequality. Marjorie's earlier book, "The Divine Right of Capital," was a seminal work that inspired the creation of the B Corporation movement and was named one of Library Journal’s 10 Best Business Books of 2001.
2️⃣ Edgar Villanueva
Edgar Villanueva (Lumbee) is an award-winning author, activist, and expert on issues of race, wealth, and philanthropy. He leads the Decolonizing Wealth Project and Liberated Capital, which recently announced a five-year, $20 million commitment to advance reparations for Black people in America. Edgar wrote the forward for Marjorie Kelly's book "Wealth Supremacy" and is also the author of the bestselling book "Decolonizing Wealth." His work focuses on dismantling traditional philanthropic structures that perpetuate inequality and advocating for a more equitable distribution of wealth, and addressing the problem of economic inequality.
🎧 PODCAST: Prefer to listen? Listen to this week's episode on your favorite podcast platform: lauraflanders.simplecast.com/episodes/catastrophic-capitalism-marjorie-kelly-edgar-villanueva
✏️ SHOW NOTES: Visit our Patreon for more information on this week's episode: patreon.com/posts/88976661
Additional footage from "Regenerative Farming: Tackling Racism with Rice", special thanks to: Christiane Gude, Director of Photography
📺 RELATED EPISODES:
How to Make a Democratic Economy - youtu.be/FUGnwoGDQtg?si=su3wxpS7O27lzBUw
Decolonizing Wealth Through Indigenous Leadership: Edgar Villanueva - youtu.be/CHuMrYC3Tl0?si=ujVZb8jKe8lWvgxz
📚 Check out our Book of the Week on BOOKSHOP*: “Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises” by Marjorie Kelly: bookshop.org/a/22992/9781523004775
(*The LF Show is an affiliate of bookshop.org and will receive a small commission if you click through and make a purchase.)
_________________
The Laura Flanders Show is non-commercial independent media that relies on the contributions of viewers and listeners.
DONATE TODAY at lauraflanders.org/donate or consider becoming a PATREON partner at patreon.com/thelfshow
📩 SUBSCRIBE to our newsletter: lauraflanders.org
🎧 LOOKING FOR UNCUT INTERVIEWS? Patreon subscribers get early access to our full, uncut conversations and audio extras! Join our growing family today! patreon.com/thelfshow
00:00 – Intro
02:16 – Wealth Supremacy and Decolonizing Wealth
11:22 – Decolonized Wealth Project, Community Ownership
15:58 – Democratizing the Economy, Collaborative Asset Management
19:59 – Healing, Story of the Future
23:50 – Laura’s Commentary
Stay informed and engaged! Don't miss out on our captivating weekly episodes that dive deep into the heart of our economy, culture, and politics. SUBSCRIBE HERE youtube.com/channel/UCFLRxVeYcB1H7DbuYZQG-lg?sub_confirmation=1
As we commemorate the 15th anniversary of the 2008 financial crisis, we explore the urgent questions surrounding the extractive nature of capitalism and its impact on democracy and economic inequality. What are the consequences of “capital bias”, an economic and social system that prioritizes wealth and the wealthy at the expense of manufacturing, people and the planet? And in what ways is “wealth supremacy” as deadly as white male supremacy — and every other kind? In this episode, we sit down with Marjorie Kelly, author of the newly-released book “Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises”, and Edgar Villanueva, a member of the Lumbee people and Founder of the Decolonizing Wealth Project. We urgently need a spiritual revolution — could Indigenous perspectives offer alternative ways of thinking about wealth and community? All that, plus an update from Laura on a special collaboration between the Laura Flanders Show and the Bioneers: Revolution from the Heart of Nature podcast.
“. . . Big capital is out there right now buying water rights . . . Communities are saying no . . . Water needs to be declared a public trust. You have these two completely different worldviews, which show us we can have a financialized world or we can have a democratic world . . .” - Marjorie Kelly
“. . . Capitalism was completely founded upon the enslavement of Black people in this country. That is the blueprint for our economy. I don't know how to take racism and harm out of that existing system without completely imagining a new system . . .” - Edgar Villanueva
👥 Today’s Guests
1️⃣ Marjorie Kelly
Marjorie Kelly is a Distinguished Senior Fellow at The Democracy Collaborative, a nonprofit organization dedicated to creating a more democratic economy. She is a leading theorist in democratic economies, focusing on next-generation enterprise and place-based impact investing. Her latest book, "Wealth Supremacy," builds on her previous work to launch an urgent conversation about the destructive nature of wealth accumulation and its role in economic inequality. Marjorie's earlier book, "The Divine Right of Capital," was a seminal work that inspired the creation of the B Corporation movement and was named one of Library Journal’s 10 Best Business Books of 2001.
2️⃣ Edgar Villanueva
Edgar Villanueva (Lumbee) is an award-winning author, activist, and expert on issues of race, wealth, and philanthropy. He leads the Decolonizing Wealth Project and Liberated Capital, which recently announced a five-year, $20 million commitment to advance reparations for Black people in America. Edgar wrote the forward for Marjorie Kelly's book "Wealth Supremacy" and is also the author of the bestselling book "Decolonizing Wealth." His work focuses on dismantling traditional philanthropic structures that perpetuate inequality and advocating for a more equitable distribution of wealth, and addressing the problem of economic inequality.
🎧 PODCAST: Prefer to listen? Listen to this week's episode on your favorite podcast platform: lauraflanders.simplecast.com/episodes/catastrophic-capitalism-marjorie-kelly-edgar-villanueva
✏️ SHOW NOTES: Visit our Patreon for more information on this week's episode: patreon.com/posts/88976661
Additional footage from "Regenerative Farming: Tackling Racism with Rice", special thanks to: Christiane Gude, Director of Photography
📺 RELATED EPISODES:
How to Make a Democratic Economy - youtu.be/FUGnwoGDQtg?si=su3wxpS7O27lzBUw
Decolonizing Wealth Through Indigenous Leadership: Edgar Villanueva - youtu.be/CHuMrYC3Tl0?si=ujVZb8jKe8lWvgxz
📚 Check out our Book of the Week on BOOKSHOP*: “Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises” by Marjorie Kelly: bookshop.org/a/22992/9781523004775
(*The LF Show is an affiliate of bookshop.org and will receive a small commission if you click through and make a purchase.)
_________________
The Laura Flanders Show is non-commercial independent media that relies on the contributions of viewers and listeners.
DONATE TODAY at lauraflanders.org/donate or consider becoming a PATREON partner at patreon.com/thelfshow
📩 SUBSCRIBE to our newsletter: lauraflanders.org
🎧 LOOKING FOR UNCUT INTERVIEWS? Patreon subscribers get early access to our full, uncut conversations and audio extras! Join our growing family today! patreon.com/thelfshow
00:00 – Intro
02:16 – Wealth Supremacy and Decolonizing Wealth
11:22 – Decolonized Wealth Project, Community Ownership
15:58 – Democratizing the Economy, Collaborative Asset Management
19:59 – Healing, Story of the Future
23:50 – Laura’s Commentary
![Not Party to Party Politics: Movement Leaders Consider Election ‘24 [Socialism 2024 Conference]](https://i.ytimg.com/vi/UsaTTcPO_-M/hqdefault.jpg "Not Party to Party Politics: Movement Leaders Consider Election ‘24 [Socialism 2024 Conference]
Stay informed and engaged! Dont miss out on conversations that dive deep into our economy, culture, and politics. SUBSCRIBE HERE https://www.youtube.com/channel/UCFLRxVeYcB1H7DbuYZQG-lg?sub_confirmation=1
Abolition, decolonization, immigration, Palestine — how is the Left thinking about the future in this perilous political moment? Socialists and activists showed up in the thousands to this year’s Socialism Conference, a four-day event packed with discussion of today’s most pressing issues and strategies for organizing. Laura Flanders & Friends was there, in Chicago (just days after the Democratic National Convention) for a live taping with three renowned organizers: Nick Estes, a citizen of the Lower Brule Sioux Tribe and author of “Our History is the Future: Standing Rock Versus the Dakota Access Pipeline, and the Long Tradition of Indigenous Resistance” and co-founder of The Red Nation, an organization dedicated to Native liberation; Rachel Herzing, an organizer, activist, and advocate fighting the violence of surveillance, policing and imprisonment and co-author of “How to Abolish Prisons: Lessons from the Movement Against Imprisonment”; and Harsha Walia, co-founder of No One Is Illegal, an anti-colonial migrant justice organization and author of the books “Undoing Border Imperialism” and “Border and Rule”. As you’ll hear, they’re not counting on politicians to step into office and grant their wishes. They’re focusing beyond the election cycle. Join us as we envision a liberated future and explore all that it takes to get there. Plus Laura’s commentary.
“. . . Having Deb Haaland [serve as] the Secretary of Interior, has been good in the sense that weve gotten these really amazing reports on things that weve already known, that there was this massive systematic genocide of Native children . . . But at the same time, her department has overseen more oil and gas leases on federal lands than the Trump administration, and thats not an indictment of her as a person. Thats an indictment of that department . . .” - Nick Estes
“. . . We know in an election season that Black women get told were the saviors of the entire world and everything relies on us, even though the rest of the time its very happily that were kind of left to die, quite literally. We are given this message on a regular basis, and I dont know what to say to people about that. The policies of the so-called United States are not life-affirming policies for Black people, for imprisoned people, and for people living as women.” - Rachel Herzing
“I just think that the strongest counterforce to fascism and anti-colonialism is an organized Left. It is not a candidate . . . Sometimes I think we get fixated on what candidates will or wont do, and we dont think about the conditions that the Left can create to actually make those possibilities happen . . .” - Harsha Walia
GUESTS:
Nick Estes (Lower Brule Sioux Tribe): Author, Our History is the Future: Standing Rock Versus the Dakota Access Pipeline, & The Long Tradition of Indigenous Resistance
Rachel Herzing: Co-Author, How to Abolish Prisons: Lessons from the Movement Against Imprisonment; Former Co-Director, Critical Resistance
Harsha Walia: Author, Border and Rule & Undoing Border Imperialism; Co-Founder, No One Is Illegal
🎧 PODCAST: Listen to this weeks episode on podcast platforms: https://lauraflanders.simplecast.com/episodes/not-party-to-party-politics-movement-leaders-consider-election-24
Visit https://bookshop.org/shop/lauraflandersandfriends for books featured in this episode.
(*LF&F is an affiliate of bookshop.org and will receive a small commission if you click through and make a purchase.)
Laura Flanders & Friends is non-commercial independent media that relies on the contributions of viewers and listeners.
DONATE TODAY at https://lauraflanders.org/donate/ or consider becoming a PATREON partner at https://www.patreon.com/lauraflandersandfriends. Find this weeks show notes here: https://www.patreon.com/posts/114186745?pr=true
🔔Subscribe to get weekly episodes that prompt you to think critically about the world around you. If you enjoyed this episode, dont forget to hit the Like button and share it with your network.
📩Newsletter: For more in-depth analysis, including uncut interviews and commentaries, subscribe to our free newsletter at lauraflanders.org.
🎧LOOKING FOR UNCUT INTERVIEWS? Patreon subscribers help us make our full, uncut conversations and audio extras free and available to everyone! Join our growing family today! patreon.com/lauraflandersandfriends
Executive Producer: Laura Flanders
Supervising Producer: Sabrina Artel
Senior Producer: Jeremiah Cothren
Senior Consulting Producer: Rory O’Connor
Senior Video Editor: David Neumann
Video Editor: Veronica Delgado
Audio Director: Jeannie Hopper
Development Director: Sarah Miller
Communications Director: Janet Hernandez
Technical Creative: Nat Needham
Thumbnail image courtesy of Socialism 2024.")
