New World Notes - Love and Power (Part 2)
This week on New World Notes: radio program #305, January 7, 2014, from 12:00 to 12:30 p.m. (and again on Wednesday from 8:30 to 9:00 p.m.), host Kenneth Dowst presents the second part of his radio adaptation of an interesting documentary film by Adam Curtis.
For a while, three parallel movements seemed to be fulfilling their promise of political and economic stability, eternal prosperity, and democracy independent of government. These interconnected movements were computer networks, Ayn Rand-ian "heroic individualism," and financial deregulation. The three were united in Fed chairman Alan Greenspan.
But the system began to crash in the 1990s. Part 2 explores the love-affairs that damaged Ayn Rand's influence and Bill Clinton's power. It shows how computers and deregulation nearly destroyed the economies of East Asian countries while enriching U.S. bankers. And it shows how today's US economy has been propped up and stabilized--not by "heroic individuals" or computers or deregulated financial markets--but by the politicians who govern China. Now what?
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Series overview: Political and social commentary in a variety of genres. Exploring the gap between what we want--and what they're trying to make us settle for.
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