Globalization has given giant private interests virtually free reign to influence policies and institutions that undermine local interests. This dominant economic paradigm in which private interests trump public interest is being pushed back by emerging forces ranging from new financial technologies, social media and changing populist narratives about the importance of effective public governance. Ellen speaks with renown global economist, author and futurist Hazel Henderson about these changes, Walt talks with David Morris of the Institute for Local Self Reliance about those changing narratives and Matt Stannard discusses threads of endemic racism that manifest in private bank practices. And we check in with one of our colleagues about why they will be demonstrating at the Philadelphia Democratic Convention about the role of money in our democracy.
Decades of lesser evil voting and the failed policies that have been the result are creating a political realignment in the United States. Such a realignment has been going on in other countries recently such as Spain, Venezuela, Greece and Iceland. The two major parties in the US, the Democrats and Republicans, are shrinking and more people are joining third parties or switching to be unaffiliated. We’ll discuss this political realignment and what it means with Darcy Richardson and Ashley Smith.