Finance is king

This is a clip of Nick Dearden, director of the Jubilee Debt Campaign, speaking about the financialisation of everything at the conference on An economy for the 99% in Manchester the other weekend.

For instance, although he doesn’t mention the “green economy”, plans to cost “ecosystem services” is a move that brings everything that keeps the planet alive within the realm of finance and financial services.


Financialization of Nature from ATTAC.TV on Vimeo.

The idea of economic localisation, which the Financialisation of Nature video promotes, is challenged in No Local: why small-scale alternatives won’t change the world, by Greg Sharzer. An interesting read.

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