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Jacobin Radio

Dig: Crypto Dystopia or Popular Democracy w/ Hilary Goodfriend & Jorge Cuéllar

Nov 23, 2024
Hilary Goodfriend, a postdoctoral researcher and editor at Jacobin Magazine, joins Jorge Cuéllar, a Dartmouth professor focusing on Central American politics. They delve into Bukele's controversial crypto policies in El Salvador and Ortega's authoritarian turn in Nicaragua. The discussion highlights anti-mining movements in Panama and the struggles in Honduras and Guatemala against entrenched corruption. They also explore the complex reasons behind mass migration from Central America and critique U.S. policies, urging a nuanced understanding of these intertwined crises.
01:35:48

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Quick takeaways

  • Nayib Bukele's adoption of cryptocurrency in El Salvador has sparked skepticism among citizens, reflecting concerns over deepening economic inequalities and past dollarization experiences.
  • Daniel Ortega's authoritarian regime in Nicaragua has betrayed the revolutionary Sandinista legacy, leading to widespread repression and a political environment devoid of dissent.

Deep dives

The Defund Movement's Significance

The defund movement emerged from the 2020 uprisings against police violence, catalyzing a national dialogue on reallocating funds from police budgets to social welfare programs. Despite initial momentum, the movement faced significant backlash, causing a retreat from efforts to shift resources towards community care and stability. Calvin John Smiley emphasizes that the push for defunding is not merely a fleeting trend but a vital aspect of an ongoing struggle against systemic issues like white supremacy, capitalism, and mass incarceration. Discussions involving activists and academics illustrate that this movement is rooted in a broader historical context of resistance and societal transformation.

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