"Why Are We in a Global Cost of Living Crisis?" The Downfall of Capitalism, the Climate Crisis, Rising Social Divisions, and How We Can Cope - Part 1

This is PART 1 of a 2-part episode.

In this episode, I’ll explore the economic, environmental, and political causes of the global cost-of-living crisis. I’ll also be deep-diving capitalism and the climate crisis, joining the dots to see how we’ve ended up here.

RESOURCES/RESEARCH:

• ​Greenpeace UK - Tackling the cost of living crisis and climate crisis together
• ​New Internationalist - Global cost of living crisis: causes and ways out
• ​National Centre for Social Research (UK) – Society Watch 2023: The Price We Pay: the social impact of the cost-of-living crisis
• ​Philosophize This! (YouTube) Why we can't think beyond capitalism. - Neoliberalism (Mark Fisher, Capitalist Realism)
• ​Oxfam GB - Wealth of five richest men doubles since 2020, as wealth of five billion people falls
• ​Oxfam International - Richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years
• ​Vox – ‘The billionaire’s guide to doing taxes’
• ​NASA – Climate Change: Evidence

CHAPTERS/TIMESTAMPS:

(00:00) Intro

(08:08) Immediate triggers of the cost-of-living crisis

(16:29) Capitalism: Deregulation and tax cuts

(39:21) Capitalism: Outsourcing and the erosion of workers’ rights

(45:03) Linking the climate crisis with capitalism

(59:45) Mythbusting “carbon neutrality” and “carbon offsetting”

(01:05:55) The need for systemic change

(01:12:31) Outro

You can keep up with the podcast via @ramblerthepodcast and my Instagram @msmayabassicurtis⁠

CREDITS

This podcast is written, hosted, edited and produced by Maya Bassi Curtis.