What's Wrong with the World? - Part 1 with Jackson Winter

This month, we will have four special episodes hosted by our correspondent,Jeffrey Esptein. Today, he will talk author Jackson Winter about the 2001 edition of the Karl Polyani book, “The Great Transformation” Jackson is co-writer and editor for PEGS Institute, which is a project to demystify and explain some commonly misunderstood realities of the modern world. The Great Transformation is the centuries-long history of how our current rentier capitalism came to be, and what preceded it. It reveals that much of what we believe to be inevitable and unchangeable, or natural about our society is, in fact, a deliberate choice. Those who most benefit from this system (the rentiers, those who collect rent) would like nothing more than for the rest of us (those who pay rent) to believe this system and their unending greed to be natural, inevitable, unchangeable and, indeed, best for everyone. This is part 1 of 4 of Audio chapters * 8:20 - Jackson introduces himself * 10:13 - Journey to the book and other reading * 12:59 - First impressions * 17:12 - Interview postponed * 17:52 - Speenhamland * 20:38 - Unemployed versus unemployable * 26:43 - Speenhamland’s place in history * 31:11 - Threaten starvation – tame even the strongest beast (natural) * 32:46 - The problem is not the Industrial Revolution but self-gain (greed, hedonism) * 34:19 - "Anti-government" * 40:14 - Commodification * 43:23 - George W. Bush, Satanic mill * 44:06 - Commodification of labor * 47:49 - Every level commodities the level below (venting their frustrations) * 51:39 - Cultural hegemony, the Queen of England * 54:19 - Death to the few versus death to the many Check out our previous works with Jeffrey Epstein and follow him on twitter for the latest news on Monetary Theory. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit historicly.substack.com/subscribe