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The Economics of Revolt

An Interview With Journalist and Economics Writer Paul Mason

This is an interview from the Global Uprising Conference:
Paul Mason is a British journalist and broadcaster. He is the current Culture and Digital Editor of Channel 4 News, having previously been economics editor of BBC2′s Newsnight. He is the author of several acclaimed books including Meltdown: The End of the Age of Greed, Live Working or Die Fighting: How the Working Class Went Global, and Why It’s Still Kicking Off Everywhere: The New Global Revolutions. He is also a visiting professor at the University of Wolverhampton.

The following interview is the second in a series of interviews conducted at the Global Uprisings conference in Amsterdam, NL, that occurred during the weekend of November 15-17th, 2013. View more interviews and online documentaries at globaluprisings.org.

Mason examines revolts around the world and sees a common denominator as the failure of neo-liberal capitalism to deliver decent lives to people.  While economies grow wealth is not shared so incomes go down and at the same time government programs are cutback.  When the collapse of the economy occurs government pour money into the economy but not to meet the necessities of people but to recapitalize banks.  At the same time that monetary policy is printing money for the banks, fiscal policy is cutting back government services in the name of austerity and deficit reduction.  Governments cannot respond to these revolts until they find a way to create an economy that serves the people.

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