The second hour revisits Lyn Gerry's reading of Richard K. Moore's "Escaping The Matrix" essay from episode #87, deconstructing the economic and political agenda of the 1980's in US/UK and beyond. We conclude with another lively deconstruction, by economist Michael Hudson, likening the FIRE (Finance, Insurance & Real Estate) sector to a parasite that lives on the back of the productive economy. Most obviously, it sucks money from it, less remarked upon, it numbs the brain of the body politic, through control of mass media, to present itself as essential to the health of its host the real economy.
Thanks to Bonnie Faulker for Guns and Butter.