Empire, Power & People with Andrew Gavin Marshall- Episode 147

From Balance of Payments to Balance of Power

This episode attempts to take a look at the economic concepts of 'competitiveness' and the 'balance of payments' position of nations, placing them in an historical and real-world context. What do these terms mean and what are their implications? In general, this is a reference to the economic position of one nation in relation to the other nations of the world. If one country is a creditor (lender), another must be a borrower (debtor); if one country is a major exporter, others must be importers. These concepts have profound implications for the competitiveness and growth of modern economies, and thus, as these are major issues when it comes to IMF and other global financial actions and institutions, these concepts have profound implications for the balance of power in the world between nations. Ultimately, this dry and rather bland economic language reflects the underlying power structures and imperial system which exists in the age of globalization. This episode attempts to introduce listeners to this concept.

Listen to the full episode here:


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  1. 1973…!
    And Energy Crisis..?
    It is very Dry, and hard to understand.
    So..How to explain…!
    I was born in the year 1959…I was…
    On a little island Bornholm…That’s in Denmark.
    I was 14 year old..in 73…hmmm..!
    ( The energy crisis in 1973 hit Denmark )…!
    And what did We have, Something like this.
    “Car-free Sundays were introduced in order to save fuel”…!
    Well..We,young ones, did have a great time Then…No car’s in the City….
    What a playground that was, every Sunday…Fun….
    Then you get Older.And ask Why…!
    1973…Energy Crisis..?
    It is just a link….!
    In this age of globalization.
    Best Regards
    Jens and Bornholm.

  2. I don’t want to say something that mean, but: Gavin needs to take some voice lessons, drop the ”upspeak.”
    develop a masculine voice. We already have a bunch of Fairys in MSM, we don’t need any more little young,,,, guys, who don’t have a mature voice, who wants to listen to these little dweeb shits???

  3. I mean..We fight…We do.
    For all of You.
    A stupid little island..Bornholm..! ( Denmark ).
    We..have our own energy company..A link to that..
    I send…
    Empire an People…!
    When do We learn…?
    I pause…!
    The word Power…?
    I would like to understand.
    Best Regards
    Jens and Bornholm.

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