WWUH Archives: New World Notes with Kenneth Dowst #304 - Love and Power Part 1

Episode Info

Original Aired:
Wednesday, January 1st, 2014
8:30PM to 9:00PM

Duration:
30 minutes

Posted:
Wednesday, January 1st, 2014 8:35PM

Tags:
affairs community


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Episode: New World Notes with Kenneth Dowst #304 - Love and Power Part 1

We adapt to radio a documentary film by Adam Curtis.

Advocates of (1) computer networks, (2) Ayn Rand-ian "heroic individualism," and (3) financial deregulation--each claimed that their cause would increase personal freedom, expand democracy, and produce eternal prosperity and stability. These three causes were interconnected--and were combined in Federal Reserve Board Chairman Alan Greenspan.

All believed that the best thing politicians and governments could do would be to get out of the way and let "the New Economy" work its magic unhindered.

But it was all nonsense. This film explores these interconnected 20th-century delusions and their aftermath.

Part 1 takes us from the emergence of Ayn Rand in the 1950s to the economic bubble of the Clinton years (late 1990s)

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