Today, we have on Bhaskar Sunkara, President of The Nation and founding editor of Jacobin. We talk about his best sports bets, the Larry Summers email scandal, and what Zohran’s early days and robust popularity might mean for the left. Very lively episode here so please give it a listen!
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As 200 nations from around the globe meet on the edge of the Amazon rainforest to hammer out cooperative goals on climate change, Indigenous people are making their presence known. They are included in discussions but have no negotiation power outside of the official representation from the countries they reside in. Many Indigenous attendees have organized marches, experienced civil disobedience, and even clashed with security officials in order to have their voices heard. Notably absent from this year’s talks is any senior Trump administration delegation. We’ll hear Indigenous perspectives about their role at COP30.
We’ll also hear from Cree journalist Brandi Morin, who spent months reporting on conflicts between Indigenous communities in Ecuador and Canadian mining companies. Currently, Ecuador’s president is working on reforming the country’s constitution to open up more natural resources for extraction.
GUESTS
Taily Terena (Terena), Indigenous climate and land activist
Andrea Carmen (Yaqui), executive director of the International Indian Treaty Council
Edson Krenak (Krenak), Brazil program manager for Cultural Survival
Brandi Morin (Cree, Iroquois, and French), journalist
Break 1 Music: Guerra (song) XOCÔ (artist) XOCÔ (album)
My guest today is Demi Adejuyigbe. One of the things that makes Demi so special is how hard it is to summarize him in an intro like this, because he has so many talents and applies them in so many different ways. He is a standup comedian, with a brand new one-hour special out on Dropout TV. He co-hosted the podcasts Gilmore Guys and Punch Up the Jam. He’s a screenwriter, who wrote on TV shows like The Good Place. He’s famous on the internet for his parody songs, spoofing artists like Will Smith and Lana Del Rey; and for his September videos, where, for years, he made increasingly elaborate videos of himself, dancing to the Earth, Wind & Fire song. And he used the popularity of those videos to raise over a million dollars for charity. He’s also directed several music videos, including one that he made for one of my songs, back in 2022. And for this episode, we’re talking as much about a music video as the song within it. And that song is "You Only Live Once" by The Strokes.
Some 24 million people buy health insurance through the Affordable Care Act marketplace. But subsidies and tax credits that have made these plans more affordable for the past few years are expiring, and the cost of health insurance is likely going to double, on average, for those losing subsidies. How do you plan for that? Plus, a Cloudflare outage took down sites yesterday, and tensions between China and Japan escalated.
We must realize that the two most powerful motivations in human history have always been ideology and economic interest, and that a joining of these two motivations can be downright irresistible.
Allen Farrington and Harris Irfan explain that Bitcoin aligns with Islamic finance principles. They discuss riba (usury), fractional reserve banking, and why sound money naturally produces Islamic harmonious financial systems.
Allen Farrington and Harris Irfa explain their seminal paper "Bitcoin, Fiat and Islamic Finance." They dive into why Islamic banking is an oxymoron, how riba (interest/usury) connects to fractional reserve banking, and why Bitcoin naturally produces Islamic-compliant financial systems.
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**NOTES:**
- Global South spends half GDP on debt interest
- Islamic finance industry worth $3+ trillion
- Dinar used for 1000+ years in Islamic world
- Fractional reserve creates money via lending
- Sukuk are asset-backed Islamic bonds
- Bitcoin enables prophetic economics principles
00:00 Start
01:56 Allen's backstory
03:13 Harris' background
05:09 Islamic banking is an oxymoron
08:10 Islamic finance will emerge on top of Bitcoin
12:46 Basics of Islamic finance
15:20 Riba (interest)
18:08 BTC mining in Islamic nations
24:07 managers & risk sharing
27:55 Flux
33:00 Is Bitcoin halal?
38:58 Islamic finance & a Bitcoin Standrd
41:42 Research response
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Lawmakers vote to release the Epstein files. President Trump defends the Saudi crown prince. Immigration sweeps ramp up across the South. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
From the BBC World Service: The chief executive of the South Korean firm Hyundai said that the White House phoned him personally to apologize for an immigration raid at a massive battery factory in Georgia in September. More than 300 South Korean workers were detained and later sent back to South Korea, stoking tensions between the two nations. Plus, China has imposed a ban on all imports of Japanese seafood amid a growing dispute between Asia's two biggest economies
Muhammad bin Salman’s first visit to the White House in seven years earned the Saudi crown prince new weapons, giant tech deals and a burnished reputation. Our correspondent explains Trump’s warm welcome. Why gay rights in Hong Kong are going backwards. And how snail farms help Britons dodge tax.