May 19, 2022 • 1HR 7M

Price Wars: How Prices Caused the Crisis | Rupert Russell

And why regulating the commodity market is key

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Rachel Donald
Planet: Critical is the podcast for a world in crisis. We face severe climate, energy, economic and political breakdown. Journalist Rachel Donald interviews those confronting the crisis, revealing what's really going on—and what needs to be done.
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From the global financial crash in 2008 to Arab Springs in 2011 to the rise of authoritarian regimes climaxing in the election of a fake-tanned despot to the White House and a compulsive liar buffoon in Downing Street, the past decade and a half has seen the unravelling of political, financial and ecological stability.

What was the first domino?


Academic, documentarian and author, Rupert Russell, thinks we can blame prices. Rupert spent the past few years tracking how speculative markets and the resulting volatility in prices have exacerbated and even caused much of the crises we see around the world.

He joins me to explain how the coffee crash in Guatemala led to the U.S border crisis, how the Arab Springs were caused by a spike in wheat prices, and how the physical effects of the climate crisis are driving vulnerable people into market climate wars, dictated by the speculative whims of bankers in the West.

© Rachel Donald

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