1929 Crash

January 29, 2009

Good documentary on iplayer at the moment – http://www.bbc.co.uk/iplayer/search/?q=1929

Was interesting to see the cultural similarities with now – the idea that everyone could be rich and citizen speculation or debt equaled prosperity or productivity. I wonder how we are going to deal with the transition from a society validated through consumption to a society validated by something else… what might that be? We are going to have to understand the new ‘capitals’ such as community and time we have to draw on in the absence of financial capital and liquidity – and make this a positive cultural shift as opposed to a total collapse its a challenge but potentially a massive opportunity

CM

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