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All posts in Illuminate

How-to-Look-Like-a-Bouncer

The Bailiff Racket

I wish I’d been in that meeting. You know, the one where East Riding County Council instructed Jacobs Enforcement Services to recover an outstanding parking…

The Industry of Suffering

Over the past decade there has been a boom in the industry of “motivational speaking”. The industry has seen a boom across both of its…

Dishonourable Debt: Why Borrowers Are Not Legally Bound To Repay Bank Loans

I intend to do what little one man can do to awaken the public conscience, and in the meantime I am not frightened by your…

150-Strong: A Pathway to a Different Future – Serialisation Part 4

When Barack Obama was elected President of the United States in 2008 this was treated as a landmark event. He presented himself as the underdog,…

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I wish I’d been in that meeting: Facebook’s shame-o-gram.

I wish I’d been in that meeting. You know… the one where Facebook decided to hire a scary blue chip law firm to threaten a…

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150-Strong: A Pathway to a Different Future – Serialisation Part 3

“The more laws and commands there are, the more thieves and robbers there will be.” Lao Tzu Information leaked in the Panama Papers about the use…

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150 Strong: A Pathway to a Different Future – Serialisation Part 2

When we find ourselves in need of a miracle there is a simple formula that can be applied: “Don’t panic, take stock, and do the…

TREES

150 Strong: A Pathway to a Different Future – Serialisation

Creative capitalism, ethical capitalism, altruistic capitalism, natural capitalism, green capitalism, distributed and democratic capitalism. Capitalism 2.0? Capitalism comes with a potpourri of sweet-scented prefixes, all…

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Hey Britain - Your Kids Have Just Been Privatised

The infamous Conservative March 2016 budget was to capture ‘the next generations’ and control their cognitive map.

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Wish I’d Been in that Meeting: The New Day

I wish I’d been in that meeting. The one where Trinity Mirror staff brainstormed the idea for a new kind of daily newspaper. That must…

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Austerity is Killing Democracy

Separating economics and politics is impossible, so it’s important to point out that the misguided notion of austerity is not just killing people, but also…

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Future Proof Your Child

10 Scary Facts about School 1. Under proposed new assessment guidance for tests for 11 year olds, if your child scores 5 out of 6 for…

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I wish I’d been in that meeting #4 - YouTube reacts to “React To…” reactions too?

I wish I’d been in that meeting, the one where YouTube TV moguls the Fine Brothers abandoned their controversial plans to trademark the word “React”, abandoned their global licensing scheme for “React to…” video formats and ditched their copyright infringement claims against other “reaction videos”.

Make no mistake, this is a big deal for the future of entertainment and the evolution of digital media, and is so deeply ironic that it almost tore a whole in the space time continuum.

The Fall of the Renaissance Men

The concept of ‘Division of Labour’ has been around since 380 B.C. Ever since being mentioned in Plato’s Republic it has become a fundamental economic principle that is deemed necessary for both the construction of a state, and a way of providing basic needs and services for citizens.

The way of the renaissance men, the likes of Leonardo da Vinci, Benjamin Franklin and Nikola Tesla did not fit within one of the division of labour silos – thankfully. So how do we now begin to awaken our natural curiosity, exploration, and critical thinking?

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I wish I’d been in that meeting #3 - “Volkswagen”

You know, the one where the secretive board of VW bosses decided their future direction lay down the road signposted “Electric Vehicles”. They’ve hired Christian Senger from VW technology supplier Continental, where he was involved in the development of electric vehicle systems and autonomous-driving technology, to lead the charge. The message is clear. The mistakes of VW’s diesel-engined past will be fixed by reconfiguring their product lines around electric power.

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I wish I’d been in that meeting #2 - Top Gear

I wish I’d been in that meeting… Imagine what sort of grim circumstances would drive a top TV executive, placed in charge of a hugely…

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I wish I’d been in that meeting #1- “Phone Shop Idol”

I wish I’d been in that meeting… What sort of thinking would shape the commissioning of a six-part documentary series for the 10pm Tuesday evening…

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Waiting for the Death of the ‘Human Capital’ Driven Economy

Ever since the financial crisis of 2008, one thing has taken centre stage when it comes to economic recovery: job creation. It is under this…

Shopping

Peak Stuff and The Shift to Thrift

The headlong rush into economic progress has made almost everyone in developed nations happy, healthy and contented. Consumerism has delivered all the stuff that everybody…

Business people stand excited

Linked In: Are we done yet? Yes, but nobody gives a shit.

We’ve all been that person who tries to start a conversation with a bunch of strangers out of extreme social anxiety at being in a…

Meet the Renegades Andrew Walker

In this episode of Meet the Renegades he talks about where next for the internet, how entrepreneurship has been hijacked and who is ripe for the next wave of disruption.

Meet the Renegades with Eliane Glaser

Eliane Glaser is a Guardian writer, a lecturer and broadcaster. Her interest in ideology and propaganda has led her to critique the current faltering economic…

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God, gold, and glory

The late fourteen hundreds saw the scramble of enlightened countries towards conquest of what was once known as “the new world”. Fuelled by the righteous…

Fog of war

Robert McNamara’s 11 lessons from Vietnam

From Robert McNamara’s 1995 book “In Retrospect: The Tragedy and Lessons of Vietnam”

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In Change We Trust

As the lifespan of every company shortens, paying lip service to change is dangerous and following the herd can be fatal. I’ve recently been working…

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Meet the Renegades Bonus - John Lanchester on the London Housing Crisis

In this bonus sequence from our Meet the Renegades show, writer John Lanchester talks about the London housing crisis, it’s social impacts and it’s consequences…

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Meet the Renegades - Martin Sandbu

In this episode of Meet The Renegades we speak to economics writer Martin Sandbu from the Financial Times.

His recently released book ‘Europe’s Orphan: The Future of the Euro and the Politics of Debt’ attacks the current thinking of what politicians and policy makers in Brussels and Frankfurt consider to be self-evident.

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Red Queen

“Now, here, you see, it takes all the running you can do, to keep in the same place.” So said the Red Queen to Alice…

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Meet the Renegades - Christian Felber

On this episode of Meet the Renegades, Ross Ashcroft welcomes Christian Felber - author, lecturer and founder of the Economy for the Common Good.

From Aristotle to Adam Smith economics was a school of thought based on Natural Laws and philosophy. How come we have strayed so far from our roots? What really has the Mont Pelerin Society got to do with Reaganomics and Thatcherism?

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Meet the Renegades - Ian Gilbert

In this Meet the Renegades, Ross Ashcroft speaks to writer and educator Ian Gilbert. They discuss the faltering education system in developed nations and how it is affecting a generation of children.

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Can Central Banks Bail Out The Economy Next Time Around?

There are vast numbers of Zombie companies out there who are paying off nominal interest payments on huge debts in order to keep the lights…

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Meet The Renegades - Anat Admati

Ross Ashcroft speaks to Anat Admati, Finance and Economics professor at Stanford School of Business. She is author of The Bankers’ New Clothes and gives a truthful view into the banking sector and the damage it has caused to the real economy.

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David Graeber: What the government doesn’t want you to know about debt

David Graeber, anthropologist and author of Debt: The First 5000 years, explains in this ‘Comment is Free’ video that ‘if the government balances its books, it becomes impossible for the private sector to do the same. And, he claims, this inevitable debt often gets landed on those in society least able to pay it back’.

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Taxation

Currently we are taxed on what we produce, perhaps it would be more progressive to tax land instead of our labour?

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Barry Ritholtz Interview

At Camp Kotok in Maine, USA, Ross Ashcroft speaks to author, columnist, equities analyst and CIO of Ritholtz Wealth Management, Barry Ritholtz. They discuss the…

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One has a job for life.

Why do we celebrate one person’s right to a job for life when they never interviewed for the position asks Matthew Lacey.

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David Kotok Interview

Ross Ashcroft speaks to David Kotok, founder of Camp Kotok, in Maine, and Chairman and Chief Investment Officer of Cumberland Advisors. They discuss the origins and…

LifeInSquares

People who think differently

Despite their bed-hopping antics, the most important legacy of the Bloomsbury Group is what can be achieved by people who are prepared to challenge convention in pursuit of a better world, argues Mark Braund.

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Exclusion and its consequences

Make no mistake, the purposeful exclusion of growing numbers from economic activity is an integral aspect of the economic system. The argument that there is…

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How To Be Self-Employed In The “Big Society”

Making a job, not taking a job means so much more than simply turning your back on employment and setting up on your own. It is more a way of life, a new distinctive multiple income stream lifestyle. It requires a new way of thinking, and not relying on big business or government to put our best interests first.

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Elite power and unearned wealth

By now you may have noticed a common theme in these descriptions of how the banking sector and the financial markets make money: they do…

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Fractional reserve banking

Fractional reserve banking began in Britain in the early days of gold and silver coinage, when people would deposit their coins with goldsmiths for safekeeping….

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Not all businesses are the same

We need a more sophisticated debate about business and how it impacts on wider society, writes Mark Braund.

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It’s economics, stupid.

In 2008 the Queen asked Luis Garicano, an economics professor at The London School of Economics, why nobody saw the global financial crisis coming. He…

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Sixty Seconds Sense with Pete Johansson – For-profit prisons

How can we begin to reduce crime if corporations profit from having full jails?

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A Modern Greek Tragedy: A Warning to Others?

Looking at the terms of the Greek bailout one thing is abundantly clear: this is not only a heartless deal, but a brainless one as…

The Corbyn Effect

Anyone who believes in the possibility of a better world should support Labour leadership hopeful Jeremy Corbyn, even if they’re not convinced by his traditional left-wing agenda, argues Mark Braund.

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Money and Wealth

Most people equate money with wealth, but in economic terms money and wealth are quite separate things. Wealth can be defined as those goods and…

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Retail shock therapy

When the worst rioting in a generation hit the streets of English cities last summer, politicians and pundits rushed to apportion blame. Many of the…

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Climate Change

Even people who do not believe that climate change is man made must see that our fragile environment is getting a battering from current economic…

MinorityExcess

Minority excess versus universal security

The material benefits of a perpetually expanding economy have reached remarkably few people, despite the speed with which mainstream economic thinking has penetrated all corners…

CarryOnConsuming

Keep calm and carry on consuming

Critics of the current economic system condemn our modern-day ‘culture of consumption’. If we measure progress over the course of our lives purely by increased…

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Markets and Power

Our life prospects and our capacity to secure the wealth we need to survive and flourish are determined by the amount of economic power we…

BraveNewWorld

Brave New World

Before we can build a brave new world, we have to acknowledge the depth of the current crisis. It’s tempting to trace today’s problems back…

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Where did it all go so wrong?

The pursuit by individuals of limitless material prosperity – regardless of the consequences for others – has become the basis of all economic activity. Yet…

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Empires old and new

In the ancient world, empire building usually entailed the territorial conquest of one self-identifying group by another. Typically it involved exploitation based on racial or…

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Professor Michael Hudson - The German Debt Jubilee

In this extract from the documentary Four Horsemen, Professor Michael Hudson explains how the German Debt was cancelled in 1947.

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The Financial System

Changes to the monetary and taxation systems will provide mechanisms for curtailing two of the three forms of unearned wealth that drive much of the…

Competition versus cooperation

Supporters of the current free-market economy argue that competition among producers ensures efficiency and keeps prices as low as possible. This argument sounds reasonable in…

Too-big-to-fail

Too big to fail or too big to bail?

Since the crash, taxpayers’ money has been used to bail out failing banks because they are perceived to be too big to fail. Are they…

GMBM

Good money, bad money

Generally, loans are made (and money is created) for one of three purposes: to fund direct investment in the creation of new tangible wealth; to…

Blog1

Hope is not enough

If people feel alienated when they are denied access to decent economic opportunities, then it must be the case that an inclusive economy would have…

DebtJubilee

A debt that can’t be paid won’t be

Although the current crisis is possibly the most serious and complex in human history, it follows a pattern that has existed since ancient times. The…

3 ways

Roman Krznaric- 3 Ways to Make Your Life More Empathic

In a clip from our interview with Roman Krznaric, he tells us three ways in which we can all make our lives more empathic.

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Sixty Seconds Sense with Pete Johansson - NRA

The problem with gun ownership is where the money is being made.

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Harold Crooks and John Christensen Interview - Part 1

Harold Crooks, Director of “The Price We Pay” and John Christensen, Director and Co-founder of Tax Justice Network come to the studio to talk about the ‘finance curse’, taxation and the sustainability of democracy in the first half of this interview series.

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Sixty Seconds Sense- The “Migrant Crisis”

Comedian Pete Johansson is back to put some perspective on the “Migrant Crisis” in 60 seconds or less.

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Cultural conflict or economic apartheid?

The chances of reducing the number of lives ruined by war and other forms of social violence depend on our ability to identify the root…

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Introducing Cohort C

When you were born is irrelevant – how a mixed cohort now thinks — is about to change everything. When making the film Four Horsemen we regularly…

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It’s the media, stupid

“If you’re not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.”…

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Land and Housing

Everyone has a basic right to shelter, which they should be able to call home. A home should not be an investment but a place…

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Ann Pettifor: How to Start an Economic Movement

Ross Ashcroft interviews Ann Pettifor director of Policy Research in Macroeconomics, PRIME and fellow at New Economics Foundation. They discuss Ann’s 2003 prediction of the…

Four Horsemen
Stiglitz-Regulations

Prof. Joseph Stiglitz - Banking Regulations

Prof. Stiglitz on who should really take the blame for the financial crisis.

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Global Coordination

Changes on the scale and complexity outlined in this book will require global coordination if they are to be effectively implemented. The power of vested…

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Steve Keen on Education

Steve Keen Interview - Part 5: The UK’s business like approach to education leaves very little room for innovation. How do we shift the focus from…

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Steve Keen on Pensions

Steve Keen Interview - Part 4: As we enter the age of volatility, what does this mean for our pensions?

Dice

Roulette for the rich

In 1970, ninety per cent of financial flows were used to finance trade or investment in the real economy; only ten per cent was speculative….

Dollars funnel.

Commodity-backed money versus fiat money

The use of precious metals as money goes back nearly three thousand years. Until quite recently, gold and other metals (notably silver) were the basis…

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Fiat Money

How is it that we’ve ended up with a system in which banks have the power to create money? In this extract from Four Horsemen we explain what Fiat money is.

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Steve Keen on China

Steve Keen Interview - Part 3: A look into China’s private debt problem.

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War and Profit

Perhaps surprisingly, the term ‘military-industrial complex’ was coined by a former soldier. On the occasion of his farewell address to the nation after serving two…

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Steve Keen on the UK Elections

Steve Keen Interview - Part 1: In the aftermath of the Conservatives’ surprise victory in the UK, Steve Keen tells us why he thinks this…

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Education

Recently we were told about a secret project. A group of wealthy benefactors decided that the modern targets based education wasn’t for them or their…

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Media and the Creation of Apathy

The cognitive map that has been put in place by our schools, universities and our media does not encourage us to question accepted norms… instead there is apathy.

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The Role of the Media

Apart from supine politicians, the greatest friends of the elite are those who control much of the mass media. The elite have proved exceptionally adept…

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The psychology of terrorist involvement

The principal factor driving people to get involved in terrorism is a strong sense of injustice, both at a personal level and in respect of…

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The 27 Principles

The following list is neither definitive nor exhaustive, but it summarises the main points of the book and is provided here as a starting point…

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The Real Looting of Baltimore

Why don’t we look at the root causes of the Baltimore riots…?

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No Fools Left

Freddie Gray’s death was the last straw for the victims of a corrupt financial system that has left tens of thousands of people with no work and no homes. This excerpt from ‘Four Horsemen -The Survival Manual’ gives context to the riots in Baltimore by explaining some of the broader issues at hand.

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Socialism for the Rich - Capitalism for Everyone Else

The wider public is depressingly disinterested in the workings of the economy; nowhere is this more evident than in their ignorance of the monetary system….

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Speculate, Accumulate and Derail the Economy

As a way of securing wealth without engaging in real economic activity – the act of combining land, labour and capital to create something with…

Four Horsemen
TarekTrickleDown

Tarek El Diwany - Trickle Down Economics

Tarek El Diwany on the flawed concept of trickle-down economics.

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Producers vs. Predators

Ed Milliband’s conference speech in Liverpool (2011) was typical of any populist career politician. The central theme was “I’m different so you can trust me…

Renegade Thinking

The Ashcroft Interviews: Money, Blood & Revolution

Ross Ashcroft talks to George Cooper, author of Money, Blood & Revolution. In the book he suggests that the economics profession is itself in a…

Four Horsemen
CamilaIndividualism

Camila Batmanghelidjh – Individualism

Camilla Batmanghelidjh on how we are losing our sense of community by turning the individual into a product.

Four Horsemen
WilkersonStandardLivingFINAL

Colonel Lawrence Wilkerson – The Declining Standard of Living

Colonel Lawrence Wilkerson explains that for the first time in history the standard of living is in decline.

Four Horsemen
ChangFreeMarkets

Dr Ha-Joon Chang – Free Markets

Dr Ha-Joon Chang explains why there really isn’t any such thing as a free market.

At issue is who shall rule the world: the emerging 1% as a financial oligarchy, or elected governments. The two sets of aims are antithetical: rising living standards & national independence, or a renting economy, austerity & international dependency.

Michael Hudson

Four Horsemen
RichardWilkinsonOriginViolence

Prof. Richard Wilkinson - The Origin of Violence

Professor Richard Wilkinson talks to us about social violence - It’s not just a case of the poor attacking the rich.

Four Horsemen

Gillian Tett - The Banking Sector

What is the fall-out from a financial industry now so detached from the rest of society?

Four Horsemen
SimonJohnsonDebtSlavery

Prof. Simon Johnson - Debt Slavery

Former IMF chief economist Simon Johnson on debt slavery and abuse of power.

Four Horsemen
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Satish Kumar – The Money Paradigm

Satish Kumar, editor of Resurgence Magazine, argues that the exploitation of nature and humans is inbuilt in the nature of capitalism and socialism.

Renegade Economist
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Renegade Economist Talk Show - In conversation with Prof Steve Keen

Ross Ashcroft from Renegade Economist speaks with Steve Keen whilst he was in London to launch his new book ‘ Debunking Economics: The Emperor Dethroned?’

Four Horsemen
TurkCentralBanking

James Turk - Central Banks

We ask James Turk if Government intervention in Central Banking is a help or hinderance to the free market.

Four Horsemen
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A rapacious financial system: The Black Horse

Since the financial crisis that struck in 2008, the failings of the banking system have been laid bare for all to see. But, four years…

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Unbridled capitalism is bad for society

If there was a form of “conscious capitalism” in which care was extended to fellow humans, animals and the natural environment whether animate or inanimate,…

Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.

Groucho Marx

Four Horsemen
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Prof. Joseph Stiglitz - The Pharma Industry

Prof. Josef Stiglitz discusses drug companies and pharmaceuticals.

Four Horsemen

Poverty: The White Horse

Since the advent of agriculture, and the realization by certain people that control over land is the surest route to political power, all human societies…

When plunder becomes a way of life for a group of men living together in this society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.

Frédéric Bastiat

Four Horsemen
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Organized violence and terrorism: The Red Horse

If the very workings of the economic system are denying people the opportunity to take responsibility for their own wellbeing, is it any wonder that…

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Land Rent - the Genesis of the British Class System

Land rent is one of several sources of unearned wealth that bestow privileges on a minority of citizens while biasing the economy against the interests…

Capitalism tries for a delicate balance: it attempts to work things out so that everyone gets just enough stuff to keep them from getting violent and trying to take other people's stuff.

George Carlin

Renegade Economist
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Renegade Economist Talkshow - US Special with Michael Hudson

The Renegade Economist goes to New York to hear Prof. Michael Hudson’s views on the state of the US Economy.

Four Horsemen
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Environmental breakdown: The Green Horse

Poverty is blighting the lives of millions of people, and the environmental crisis is already making things worse. As with poverty, our failure to tackle…

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The Dead Hand of Ayn Rand

Yesterday I picked up a copy of Animal Spirits by George A Akerlof and Robert J Shiller. In the preface to their book they discuss how Keynes’s General…

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Is interest repayable?

They say things like: “If the total size of the money supply was fixed then there is no possible source of money for paying interest.”…

Renegade Thinking

The Ashcroft Interviews: Bankers on the Couch

Ross Ashcroft interviews Julia Noakes, author of the soon to be released book ‘Bankers on the Couch’.

Neo-classical models are neat, plausible, and wrong. The main reason that mainstream economics survived the challenge of the global financial crisis is not because of its strength, but because of it's irrelevance.

Steve Keen

Four Horsemen
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Power and Democracy

Haven’t we been here before? Three centuries ago philosophers began to address these questions in the movement known as the Enlightenment. Immanuel Kant described it…

Four Horsemen
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Prof. Joseph Stiglitz - Our Society

We shape the economy but the economy shapes us.

Four Horsemen
HudsonMortgage

Prof. Michael Hudson - A Mortgage You Can Never Repay

Michael Hudson recounts his personal experience with mortgages.

Four Horsemen
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John Perkins – We All Face The Same Crisis

The former economic hit-man explains why we are all in this together.

Four Horsemen
ChangNeoclassicaleconomics

Dr Ha-Joon Chang – Neo-classical Economics

Dr Ha-Joon Chang explains how we have developed a system of neoclassical economics and the power play which brought us here.

Billion Dollar Bill

Debt is big business for banks, corporations and governments. Let Bill show you just how big…

Four Horsemen
TarekOriginBanking

Tarek El Diwany - The Origin of Banking

Tarek El Diwany explains the beginning of manufactured money.

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‘Experts’ - the price everyone pays for Hidden Knowledge

There is an accepted view in politics and the media that roughly equates to this: a professional class of ‘experts’ are far better at commentary…

Look around. Oil companies guzzle down the billions in profits. Billionaires pay a lower tax rate than their secretaries, and Wall Street CEOs, the same ones that direct our economies and destroyed millions of jobs still strut around Congress, no shame, demanding favours, and acting like we should thank them. Does anyone here have a problem with that?

Elizabeth Warren

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Keep what you make – let’s tax what you take

UK politics is dominated by middle England pre-occupations, there are vaguely hysterical fears of the UK having a ‘Depardieu moment’, and capital flight in case of…

Four Horsemen
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Prof. Richard Wilkinson - Reagan and Thatcher

Prof. Richard Wilkinson discusses Reagan and Thatcher’s policies and how they contributed to the rise in income differences.

Four Horsemen
StiglitzGDPflawed

Prof Joseph Stiglitz - GDP is Flawed… Citizens want depth…

Prof Joseph Stiglitz explains why GDP is flawed and how to begin to change that…

A president is a high-level official who is elected to carry out a function. He is not a king, not a god. He is not the witch doctor of a tribe who knows everything. He is a civil servant. I think the ideal way of living is to live like the vast majority of people whom we attempt to serve and represent.

José 'Pepe' Mujica

Four Horsemen
SimonJohnsonRevolution

Simon Johnson - Starting a Revolution

We’ve been ripped off by the current system, so how do we start a revolution?

Four Horsemen
Class

The New Class System

Over centuries, systems have been subtly modified, manipulated and sometimes purposefully corrupted to better serve the interests of the few. Each time Enlightenment ideals have…

Four Horsemen
SimonJohnsonGoldmanSachs

Prof. Simon Johnson - Goldman Sachs

Former IMF chief economist Simon Johnson discusses the leverage of Wall Street banks in Washington D.C.

Four Horsemen
MaxKeiserInterestRates

Max Keiser - Interest Rates

A former Wall Street trader discusses the risks of interest rates.

Four Horsemen
HugoPriceMonetisingSilver

Hugo Salinas Price - Monetising Silver

Hugo Salinas Price argues the benefits of a return to silver.

Four Horsemen
HufdsonNewFinancialFINAL

Prof. Michael Hudson - The New Financial Balance

Michael Hudson predicts the new financial balance by analysing the current situation of countries that are ahead of us in the curve.

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Plutocracy - it’s Alien to me Sir

I’ve lost count of the times I’ve used the words ‘elite’ and ‘minority’ in this series on unearned wealth, but I’m certainly not going to…

Four Horsemen
JohnPerkinsSecretEmpires

John Perkins – Secret Empires

John Perkins on how the real modern empire has been created. Have we really moved on from the Romans?

Four Horsemen
JohnPerkinsCorporations

John Perkins – Corporation

John Perkins on how corporations must operate in ways that serves future generations.

Four Horsemen
DavidMorganInflation

David Morgan – Inflation

David Morgan explain why he doesn’t believe the Western world will experience a hyperinflation.

Four Horsemen
DavidMorganEducation

David Morgan – Education

The revolution of alternative education is here. The question is, do we want to own more stuff… or own ourselves?

The things you own end up owning you.

Tyler Durden

Fifty Pounds

The money paradox

These arguments appear irreconcilable. So who is right? And how could there have been any doubt? The reason the argument rages so often is that…

Four Horsemen
GillianTettonUK

Gillian Tett - The United Kingdom

Gillian Tett discusses why Britain is in a very difficult position today.

The idea that society can set up a single "independent" committee of men to make far reaching decisions about the quantity of money needed by a nation of sixty four million people, all engaged in varied and complex activities - is bordering on authoritarian.

Ann Pettifor

Renegade Economist
MichaelHudsonHousingMarket

The Michael Hudson Series (Part 1) – The Housing Market

Prof. Michael Hudson gives a series on the global economic crisis. Views you will not get in the mainstream.

Renegade Economist
MichaelHudsonBailout

The Michael Hudson Series (Part 2) – The Bailout

Michael Hudson reveals the real motives behind the international bailout package.

Renegade Economist
michaelHudsonIncomeTax

The Michael Hudson Series (Part 3)– Income Tax

Michael Hudson address the economic issues that now face everyone.

Renegade Economist
MichaelHudsoneconomicRent

The Michael Hudson Series (Part 4) – Economic Rent

Professor Michael Hudson talks about the importance of economic rent.

We now live in a nation where doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the press destroys information, religion destroys morals, and our banks destroy the economy.

Chris Hedges

Positive Money

Renegade Economist Talk Show - Positive Money

We met Ben Dyson and Andrew Jackson from Positive Money. Listen to their proposals to reform the monetary system.

Four Horsemen
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Four Horsemen Writer / Director Ross Ashcroft

Ross Ashcroft talks about the Scandinavian reaction to the film.

Four Horsemen
Poster

Four Horsemen -Trailer Oficial en Español

No volveremos al negocio de siempre. Four Horsemen es un documental independiente que revela cómo funciona realmente el mundo.

Renegade Economist
Letsreflatehousing-bbulbbe

Let’s reflate the Housing Bubble…

Neo-liberal politicians want to re-inflate the housing bubble… is that wise?

Renegade Economist
NoMoreBusinessAsUsual

Ross Ashcroft - No More Business as Usual

Ross Ashcroft gives the 2012 keynote for the Renegade Economist Winter Series.

Four Horsemen
Book-Launch

Four Horsemen: The Survival Manual

Authors Mark Braund & Ross Ashcroft introduce the accompanying book to the film Four Horsemen.

Four Horsemen
LarryLohmanCapitalism

Larry Lohman - On Capitalism

A bonus feature from Larry Lohman.

Four Horsemen
FourHorsemenQ&A

Four Horsemen – Q&A

Four Horsemen Director Ross Ashcroft answers questions arising from the film.

Renegade Economist
VanquishingMiddleMen

Vanquishing the Middle Men

This is the future of banking. Like during the 16th Reformation you either evolve or die. Watch why…

What we have been living for three decades is frontier capitalism, with the frontier constantly shifting location from crisis to crisis, moving on as soon as the law catches up.

Naomi Klein

the-economic-scam

The Economic Scam

The standard economic model is a brilliant piece of mathematics, winning Nobel Prizes for its originators Kenneth Arrow and Gerard Debreu. It proves how if…

FinancialReformation

The Economic Reformation

So, what should economics be about? Well, that depends on your values and world view. If you believe that everyone should have an equal chance…

privatedebt

Private Sector Debt

It’s what’s left unsaid All the talk from politicians, economists and even most journalists is of government debt to GDP ratios. All of the problems…

The main cause of trouble in the world is that the stupid are sure of themselves while the intelligent are full of doubt.

Bertrand Russell

Four Horsemen
Stiglitzinvisiblehand

Prof. Joseph Stiglitz - The Invisible Hand

Former World Bank chief economist Josef Stiglitz discusses the false assumptions of what leads to economic efficiency.

Capturing-LandValue1

Capturing the Value - the Land Question Part 1

Some people just care about practical or personal concerns, and value capture is just as relevant from this perspective. Through it we begin to replace…

Four Horsemen
KumarCyclicalEconomy

Satish Kumar – The Cyclical Economy

Satish Kumar, editor of Resurgence Magazine, explains why society would benefit from a cyclical economy rather than a linear economy, which is the product of…

Capturing-LandValue3

Capturing the Value - the Land Question Part 2

You own yourself, and by extension you own what you make through labour or voluntary transactions thereof. Land, however, is not a fruit of labour.

People tend to think that numbers are quite objective, but numbers in economics are not like this. Some economists say they're like sausages: you don't know what they really are until you cut into them.

Ha-Joon Chang

Four Horsemen
TarekMuslimWorld

Tarek El Diwany - The Muslim World

Will chaos in the muslim world eventually lead to chaos in the West?

Four Horsemen
HugoPriceGermanGOLD

Hugo Salinas Price - German Gold

Hugo Salinas Price maps out the current location of Germany’s gold.

Capturing-LandValue2

Capturing the Value - the Land Question Part 3

Anything less than an equal share is a violation of the Law of Equal Liberty, for any exclusive claim over natural opportunities necessarily reduces the opportunities…

Four Horsemen
NoamChomskySocialDarwinsim

Noam Chomsky – Social Darwinism

It was Herbert Spencer who first coined the term “survival of the fittest” but that is not the optimum way a society should function.

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MASSIVE PROFITS!!! But from where?

The answer depends on two things: how those profits are derived, and what happens to them. Last week we noted how the senior executives and…

Renegade Thinking

Dirty Little Debt Secret

Ross Ashcroft speaks with Richard Vague - former banker and author of The Next Economic Disaster. They talk about his insights into private debt and…

education-is-a-bubble

Democracy and the power of corporations

Education Seen in a longer timeframe, education is best imparted from kindergarten and up. In this regard it can be said that true education is…

Four Horsemen
MaxKeiserFederalreserve

Max Keiser - The Federal Reserve

Is the Fed just an extension of European Central Banks?

An honest money system is the only alternative.

Frederick Soddy

Four Horsemen
HudsonfreeTransportation

Prof. Michael Hudson - Free Transportation

Wall Street analyst Michael Hudson explains how property tax could help rebuild infrastructures.

Renegade Economist
Reeves-in Conversation

Renegade Economist Talk Show - In conversation with Rev’d Donald Reeves

With the Church of England in disarray who better to talk to about dissent and the occupy movement than the legendary turbulent priest.

Four Horsemen
WilkersonPeoplEpower

Colonel Lawrence Wilkerson – Our Leaders

Former Chief of Staff to US Secretary of State Colin Powell, Lawrence Wilkerson is a retired United States Army Colonel and Visiting Professor of Government and…

Four Horsemen
Camilabritishdisease

Camila Batmanghelidjh – British Disease

Does the British tendency to process emotions in private affect their socio-political environment?

One-Mans-Loss-

One Man’s Loss is Another Man’s Gain

At the beginning of this series, I suggested a definition of wealth as ‘the ability to purchase in the market place those goods and services…

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Magical Thinking, Meteorology and Economic Forecasting.

Mainstream economic models ignore debt. The argument goes like this: if I lend you £1 then you have +£1 and I have -£1; and -1…

Four Horsemen
Corporateflag

Beyond left and right

This book does not call for a lurch back to the left, however. If politics is to be of any use in facing down the…

Four Horsemen
JamesTurkGold

James Turk - Gold

James Turk, founder of Goldmoney.com, discusses gold as a natural form of money.

Four Horsemen
KeiserGoldmanSachs

Max Keiser - Goldman Sachs

Max Keiser describes Goldman Sachs as the Exxon Valdez of banks.

Four Horsemen
ReevesDebtJubilee

Reverend Donald Reeves – The Debt Jubilee

Reverend Donald Reeves on the wiping off of debts.

Four Horsemen
NoamChomskyBinLadenBestAlly

Prof. Noam Chomsky – Bin Laden’s Best Ally

Professor Noam Chomsky on how Britain and the United States are rallying people to Bin Laden’s cause.

Four Horsemen
ChangTrickledowneconomics

Ha-Joon Chang – Trickle Down Economics

Is “Trickle-Down” prosperity the greatest lie ever told?

Renegade Economist
TalkShowIanMason

Renegade Economist Talk Show – In Conversation with Ian Mason

Barrister and School Principal Ian Mason addressed the UN: One World One Wealth - Economics, Justice and the Rights of Nature. We ask him how…

Wall Street has become a very specific type of casino. Unfortunately it's not the type they have in Las Vegas that is a legitimate form of entertainment. It's a casino that has massive negative effects on the rest of society.

Simon Johnson

Shadows

Great Crisis Brings Forward a Generation of Great Leaders

In Britain the term “Lost Generation” was originally used for those who died in World War I. People mourned that “the best of the nation…

Four Horsemen
KeiserPennsylvania

Max Keiser - If I Owned Pennsylvania

former Wall Street trader Max Keiser discusses copyright laws, currency and the tax system.

Four Horsemen
HermanDalyGlobalisation

Herman Daly – Globalisation

How can countries implement independent policies amidst the wave of the globalisation mantra? We ask Herman Daly what does “Globalisation” really mean to him?

Four Horsemen
WilkersonPurposeLife

Colonel Lawrence Wilkerson – Purpose in life

Is helping others the key to a good life? Colonel Lawrence Wilkerson reminds us that ‘you can’t take it with you’.

Principles of a Balanced Economy

First, if the city or state developed following the course of a river system and the river suddenly changed direction or dried up, its economy…

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Distorting Darwin or How the West was Won

The Victorian age was one of great progress and great folly, and particularly a time of great ideas. While we scoff at buttoned down Victorian…

Four Horsemen
human_evolution4

A civilization fit for human beings

There is nothing to be gained from blaming bankers, politicians or even economists for the current crisis. They flatter themselves if they think they created…

Four Horsemen
JamesTurkFiatMoney

James Turk - Fiat Money

Confidence is the foundation of Fiat money. Is it stable?

Four Horsemen
Tarek-Financial-Fallout

Tarek El Diwany - The Financial Fallout

A former trader speaks about life inside the system.

Four Horsemen
FourHorsemen

David Morgan – A Baby Boomer’s Apology

David Morgan reflects on the BabyBoomer’s tenure.

Four Horsemen
NoamChomskyColdWar

Prof Noam Chomsky – The Cold War

Was the Cold War a battle between capitalism and socialism?

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The Semiotic Theory of Money

Interviewed by the Financial Times (June 7th 2003), Friedman admitted that, “The use of the quantity of money as a target has not been a…

Four Horsemen
GillianTettRussia

Gillian Tett - Russia

Gillian Tett explains what actually happened when Communism fell in Russia. For ‘Robber Baron’ you can also read ‘rent seeker’.

Four Horsemen
HermanDalyHomoEconomicus

Prof. Herman Daly – Homo Economicus

What really counts for our happiness and welfare? Professor Herman Daly on what’s important for economic man.

Four Horsemen

Easter Egg

Ross and Megan Ashcroft preparing for the premiere of The Four Horsemen.

Four Horsemen
SimonJohnsnRegulations

Prof. Simon Johnson - Regulations

Former IMF chief economist Simon Johnson discusses how the financial part of our society should be more constrained.

Four Horsemen
HugoPriceGoldPound

Hugo Salinas Price -The Gold Pound

The very thing which built the Western Empire has been forgotten…

economicscam-part2

The Economics Scam - Part 2

But it’s more than that, because the theory says that to reach equilibrium (the point at which prices match everyone wishing to buy with someone wishing to…

Give me control of a nation's money and I care not who makes it's laws.

Mayer Amschel Rothschild

Four Horsemen
HudsonFutureDollar

Michael Hudson - The Future of the Dollar

Insight on the future outlook of the US Dollar from Michael Hudson.

Four Horsemen
ChomskyModerMedia

Prof. Noam Chomsky – The Modern Media

Professor Noam Chomsky shares an anecdote depicting the state of modern media.

Four Horsemen
Camilasocialunrest

Camila Batmanghelidjh – London Social Unrest

Camilla Batmanghelidjh has worked in delivering services to vulnerable children over the last 20 years. In this interview she provides some real insight into the causes…

Most societies have an elite and the elite try to stay in power. They do this by controlling the means of production and the cognitive map, the way we think. And what really matters is what is left unsaid, undebated.

Gillian Tett

Four Horsemen
ReevesLand

Reverend Donald Reeves - Land

The Bible considers land as a gift from God for the dispossessed; Reverend Donald Reeves discusses the mining industry’s paradoxical approach to land.

Four Horsemen
WilkersonRobertRubin

Colonel Lawrence Wilkerson - Robert Rubin

Colonel Wilkerson asks a fundamental leadership question.

krugvkeen2

The Economics Spring

The Tipping Point I may be wrong, but it looks like a tipping point. A host of concerned economy-watchers are beginning to understand that most…

Queenlse

The Economic Crisis Within

This simple question reflected a widely held view that economics as a subject had something to answer for. For a proportion of economists (and their…

Money1

Our Monetary System

They assume that money is essentially tokens that get passed from person to person as they exchange goods. One would assume that the amount of…

BRITAIN-ELECTIONS-LABOR

The Cause of this Crisis? Leadership

Hierarchy v Self-responsibility Disintegrating hierarchy will eventually be replaced by self-responsibility - but we are not there yet. Combine a lack of strong principled leadership…