TALKING POLITICS

Adam Curtis

9 snips
Apr 8, 2021
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Nixon Shock Created Uncontrollable Finance

  • Nixon's 1971 decision to suspend gold convertibility and the ensuing currency trading birthed a complex global financial system beyond politicians' control.
  • That system made politics feel powerless to manage large, irrational economic forces.
INSIGHT

Deng Substituted Money For Ideology

  • Deng Xiaoping replaced ideology with money by turning China into a mass-exporting production house for cheap goods.
  • This economic pivot combined with global finance to form a new system politicians struggled to govern.
INSIGHT

Individualism Broke Traditional Politics

  • The rise of individualism made mass democracy hard to govern because politicians could no longer corral stable groups.
  • In response, politicians shifted from representing people to managing systems and individuals.
Get the Snipd Podcast app to discover more snips from this episode
Get the app