Tuesday, 14 October 2014

Russell Brand on Capitalism

Article on The Guardian: http://www.theguardian.com/culture/2014/oct/11/russell-brand-revolution-exclusive-extract

In this article and in the book Revolution, Russell Brand offers a modern marxist argument in the form of popular culture, helping to address less likely to understand individuals in hope for a revolution against capitalism.
Although these arguments are not his own, he delivers them in a witty way which reaches a wider global audience than the people who originally proposed the arguments. 
An example of this is David Graeber, who is adamant that all debts should be cancelled. Russell supports his argument with the following statements: 
  • The bible talks of 'Debt Jubilees', where all debt is cancelled everyso years.
  • Islam states that credit at extortionate rates, loans and bank interest etc, is forbidden.
  • 75% of Americans are in debt, 40% of that being over $50'000.
  • 9 million brits in serious crippling debt
  • 2008 financial crash in America resulted in 13.1 million homes being repossessed as credit cards were given out so people could pay for everyday items, and also $700 billion of debt was wiped out.
Marx's theory of False Consciousness says that we are not aware of how far we are letting capitalism go, we are turning a blind eye and not facing reality.

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