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KunstlerCast #122: A Grand Wobble

The Systemic Failures of Our Financial Future

Released: Aug. 19, 2010.

JHK explains how the current financial problems around the world factor into his vision of The Long Emergency. Kunstler sees these systematic failures of finance as a threat to all of our fundamental economic arrangements, including our ability to live in an orderly society. The President, says JHK, has become “the bank’s bitch” in his continuation of the American campaign to sustain the unsustainable. Rather than more financial innovations based on the notion of getting something for nothing, Kunstler says we need to have an economy in which people invest in productive activities and are rewarded for the value that is created through those productive activities. Society is becoming poor and that’s a huge political problem. JHK foresees a very turbulent autumn, in both finance and politics.

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(34 MB | 48:58 mins.)

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About James Howard Kunstler

View all posts by James Howard Kunstler
James Howard Kunstler is the author of many books including (non-fiction) The Geography of Nowhere, The City in Mind: Notes on the Urban Condition, Home from Nowhere, The Long Emergency and the four-book series of World Made By Hand novels, set in a post economic crash American future. His most recent book is Living in the Long Emergency; Global Crisis, the Failure of the Futurists, and the Early Adapters Who Are Showing Us the Way Forward. Jim lives on a homestead in Washington County, New. York, where he tends his garden and communes with his chickens.

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