Ep. #163 - Beyond Debt (feat. Daromir Rudnyckyj)

dc.creatorBoyer, Dominic (podcast host)en_US
dc.creatorHowe, Cymene (podcast host)en_US
dc.creatorRudnyckyj, Daromiren_US
dc.date.accessioned2022-07-25T16:04:04Zen_US
dc.date.available2022-07-25T16:04:04Zen_US
dc.date.issued2019-02-08en_US
dc.descriptionThis recording and transcript form part of a collection of podcasts conducted by the Cultures of Energy at Rice University. Cultures of Energy brings writers, artists and scholars together to talk, think and feel their way into the Anthropocene. We cover serious issues like climate change, species extinction and energy transition. But we also try to confront seemingly huge and insurmountable problems with insight, creativity and laughter.en_US
dc.description.abstractDominic and Cymene review the Green New Deal and the erotic life of Adam Smith on this week’s episode of the podcast. Then (18:52) Daromir Rudnyckyj joins us to talk about his new book, Beyond Debt: Islamic Experiments in Global Finance, (U Chicago Press, 2018), which takes us deep into the rapidly evolving world of Islamic finance. Daromir explains to us the spirit and letter of Islamic finance, how its investment and risk-sharing norms depart from those the debt-based model of western finance, and what the implications would be for capitalism were Islamic finance to become the dominant global investment model. We ask him whether a bigger role for Islamic finance would do anything to reign in the growth obsession of contemporary economic thought and practice. Daromir explains how Islamic moral philosophy limits speculative investment and seeks to imagine a form of capitalism beyond debt. We discuss whether the debt jubilee model really breaks with the logic of western capitalism and whether it would be possible to expand the presence of Islamic finance in the global North without inflaming Islamophobic hysteria. We discuss what “halal finance” might be and whether it could better acquaint investors with the real local impacts of their capital investments. We close talking about Daromir’s latest work on local alternative currencies.en_US
dc.digitization.specificationsThis podcast was encoded using GarageBand 10.2.0 software at 128 kbps Audio Bitrate and 44100 Sample Rate in mp3 format.en_US
dc.format.digitalOriginborn digitalen_US
dc.format.extentDuration: 1:03:54en_US
dc.identifier.citationBoyer, Dominic (podcast host), Howe, Cymene (podcast host) and Rudnyckyj, Daromir. "Ep. #163 - Beyond Debt (feat. Daromir Rudnyckyj)." (2019) Cultures of Energy, Rice University: https://hdl.handle.net/1911/112869.en_US
dc.identifier.digitalcoe163en_US
dc.identifier.urihttps://hdl.handle.net/1911/112869en_US
dc.language.isoengen_US
dc.publisherCultures of Energy, Rice Universityen_US
dc.relation.IsPartOfSeriesCultures of Energy Podcast Seriesen_US
dc.rightsThis document is distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.en_US
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en_US
dc.sourceCultures of Energy is a Mingomena Media production. Co-hosts are @DominicBoyer and @CymeneHoween_US
dc.subjectenvironmental humanitiesen_US
dc.titleEp. #163 - Beyond Debt (feat. Daromir Rudnyckyj)en_US
dc.type.dcmiSounden_US
dc.type.genrepodcastsen_US
dcterms.accessRightslicenseden_US
schema.accessibilityFeaturetranscripten_US
schema.accessibilitySummarySimple AI-generated transcript is provided but has not been reviewed for quality issues.en_US
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