PUSHBACK Talks

Exiting the Domain of Money - A Conversation with Saskia Sassen

October 16, 2020 WG Film Season 1 Episode 16
PUSHBACK Talks
Exiting the Domain of Money - A Conversation with Saskia Sassen
Show Notes

A special episode of PUSHBACK Talks! The Filmmaker and The Advocate reconnect with Saskia Sassen, prominent Professor of sociology at Columbia University, one of the world’s most important thinkers on cities, and a central character in PUSH-The film. The trio continue the conversation about why so many people can't afford their homes any longer.  Going to the heart of the matter they unpack Saskia’s powerful analysis that finance – which now dominates residential real estate – is an extractive sector, like mining. Once finance has extracted what it needs it moves on without a care for what's left behind. The conversation turns to a deep probing of the meaning and relevance of “money”. When money is used by institutional investors to create new financial instruments, or to leverage more capital is it still "money" as we know it or have we exited the domain of money?  The co-hosts wrap up by querying where the uber commodification of housing is going. Have we entered a new epoch where familiar rules and systems that might regulate financialization are thrown out? Will financialization eat itself up? Or will people who are pushing back force change?

Produced by WG Film 
Recorded & Edited by Mikey Jones
Music by Florencia Di Concilio
Social Media & Support Team - Louise Gustafsson, Maja Moberg & Melinda Bergstrand

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