Ask Jesse Episode 23: Capitalism


Click here to listen to full episode on YouTube

Show Notes by Victoria Lynn Hall

My two biggest complaints about our current political system is that it lacks ethics and lacks creativity. And as Jesse rightly pointed out in this episode, our political system is subservient to our economic system, so these are my complaints of capitalism as well.

The old adage that necessity is the mother of invention is true, but so is greed. Only what greed invents is sinister and boring. A system that necessitates that some people have a disposable income to purchase disposable products while other people go without food, housing or medical care does not seem very innovative to me.

And no, I don’t have the solutions, but I think we can find them not by necessarily changing what we do but why we do it and who we are doing it for. For example, if our goal is ending war instead of profiting off of it, our imaginations won’t stop at creating weapons. Or if we want to provide housing for the homeless instead of starting a chain of boutique hotels, our creativity is challenged to go beyond business plans and branding.

But if we pursue these more altruistic goals, how will we earn a living?

That’s the problem with capitalism.

We can do better.

We must do better.


In this episode I spoke of a public banking project I saw on Twitter. It was for The Public Bank NYC Coalition and it is worth checking out their website to learn more.

I also mentioned Bernie Sanders’ plan to share corporate wealth with workers which you can find on his website here.

Jesse mentioned this article by Max Blumenthal that details the issue of “the co-optation of major environmental organizations by the billionaire class”, among other problems.

You can also watch this video of Blumenthal discussing the article on The Jimmy Dore Show,

Jesse also mentioned this excellent article by Jason Hickel about the false narrative that “the very forces that deliver such immense wealth to the richest are also eradicating poverty before our very eyes“. and the obscenely low poverty line used to justify it.

As Jesse said, I have been reading a lot by Jason Hickel lately, including his book “Less is More: How Degrowth Will Save The World“. I’m only about half way through so I can’t give a full review but I am definitely finding it a worthwhile read, particularly for its historical insight into capitalism.

For more of Jesse’s thoughts on capitalism, listen to his solo podcast on The Myths of Postwar Capitalism on Patreon.


Watch/listen to our full episode below or on YouTube where you can subscribe to all of our video content. We would also like to thank Kim D. for contributing her fabulous song, “Corporation Coup” for use as a theme for our videos, you can find the full recording of this song at: https://soundcloud.com/wondergalaxy13/corporation-coup

Episode 23

Jesse Crall

A Los Angeles native, Jesse Crall graduated from UCLA’s English Department before working as a copywriter, script reader and project manager for an engineering firm. Now pursuing a master’s degree in writing at NYU, he splits his time between Studio City and Manhattan. https://linktr.ee/jessecrall

A self taught artist and creative entrepreneur, Victoria Lynn Hall lives in the Kansas City area with 4 spoiled cats. She believes in art and the magic of kindness.

linktr.ee/victorialynnhall

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