Listen "Trade Movies #024 - Hypernormalisation (2016) & The Saragossa Manuscript (1965) with David Backer"
Episode Synopsis
OPACITY. OPACITY. OPACITY. (Steve Ballmer voice) OPACITY. Today we are talking complicated financial instruments, the Fundamental Unknowableness Of Things, Mamdani, complexity, propaganda, and so much more. INCREDIBLY thankful to David for appearing on the show, PLEASE GO BUY HIS BOOK:As Public as Possible: Radical Finance for America's Public Schoolsand he can be found here on all socials, DEFINITELY as well go follow him since his content is amazing:https://linktr.ee/davidibackerhttps://davidbacker.com/https://www.tiktok.com/@schooldavesand that incredible Baffler Mag article is here:https://thebaffler.com/latest/paying-for-it-backerKeywordsDavid Backer, bond market, education finance, public schools, social movements, municipal bonds, financial opacity, HyperNormalization, Saragossa Manuscript, political economy, software usage, financial jargon, opacity, class struggle, public education, political structures, ideology, solutions, municipal bonds, public financeChapters00:00:00 Introduction to David Backer and His Work00:03:25 Understanding the Bond Market and Its Implications00:06:30 The Role of Social Movements in Education00:09:35 Exploring the Financial Mechanisms Behind School Funding00:12:41 The Complexity of Capital Expenditures00:15:36 The Nature of Bonds vs. Loans00:18:32 The Opacity of Financial Systems00:21:45 Cinematic Reflections on Finance00:24:24 The Saragossa Manuscript and Its Parallels to Finance00:26:24 Philosophical Insights from Film and Finance00:35:20 Understanding Complexity Through the Feynman Method00:36:17 The Insanity of Modern Society and Politics00:38:28 The Challenges of Entering Power00:41:16 The Mechanics of Municipal Bonds00:44:06 The Infinite Complexity of Public Finance00:46:33 The Role of Experts in Understanding Finance00:49:20 The Opaqueness of Private Equity00:51:55 The Language of Finance and Its Implications00:53:42 The Deliberate Opacity in Financial Systems00:57:57 The Class Struggle and Financial Opacity01:01:15 The Need for a New Approach to Power01:03:53 Philosophical Reflections on Causality01:06:48 The Complexity of Political Structures01:10:01 Art and Propaganda: The Role of Surkov01:12:06 Hypernormalization vs. Kayfabe: A Dialectical Contrast01:18:37 Public Education: Challenges and Solutions01:25:01 Making Education Truly Public
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