Movies vs. Capitalism The Wizard of Oz (w/ Francisco Pérez)
Rivka and Frank are joined by Francisco Pérez, an activist, educator, and the director of the Center for Popular Economics, who blows the lid off the 1939 movie-musical classic The Wizard of Oz. Francisco explains how L. Frank Baum’s original 1900 novel, The Wonderful Wizard of Oz, offered an allegory for U.S. monetary policy and the populist economics movement of the 19th century. Specifically, the Sherman Silver Purchase Act of 1890 which sought to upend the gold standard in order to ease the strain on indebted American farmers.
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Artwork by Rufus Paisley | Theme song by JustBen