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Broke and Broker

Jon Stewart interviews Michael Lewis, who talks about the new third world — countries like Iceland and Greece that have gone broke — and the funny and ironic ways it happened. Watch both parts:



  1. Jeff wrote:

    I especially like his discussion on how each country has been effected by, and responded to, the crisis differently. I think that Iceland has the right idea by not pandering to the multinationals and keeping the power in the hands of their citizens.

    We here in America have an unfortunate tendency to disregard what happens in other parts of the world unless it directly affects us. We don’t get much information on the European debt crisis in media, save that there is one and that it hasn’t been fixed yet. If we had a more open information system and were more informed about global problems and possible solutions, it could only benefit us in the end.

    Tuesday, October 11, 2011 at 10:03 am | Permalink
  2. Fred Wickham wrote:

    I would like to see more governments and businesses give themselves over to women’s management — for at least long enough to see what changes would take place over the medium haul. And yes, get the elves out of things altogether. Ah, Schrodinger’s elf.

    Tuesday, October 11, 2011 at 10:04 pm | Permalink
  3. Iron Knee wrote:

    Of course, Margaret Thatcher is a glaring counter-example. Not to mention Sarah Palin, Michelle Bachmann, etc.

    Wednesday, October 12, 2011 at 10:21 am | Permalink
  4. IK: Thanks. Seriously, gender has nothing to do with ethical, or effective, leadership. How one leads may be influenced by gender, but neither ethics or effectiveness is inherently shaped or limited by gender.

    (This from a woman who did her dissertation on women’s rhetorical practices from the middle ages and the renaissance, and whose later work includes modern women’s rhetoric. How we persuade sometimes plays with/in gender expectations: whether we’re effective or ethical leaders or not is not inherently defined by gender.)

    Wednesday, October 12, 2011 at 1:26 pm | Permalink
  5. Iron Knee wrote:

    Of course, there are differences. For example, I consistently prefer women doctors, because they are more likely to actually discuss what my options are, rather than just pretend that they are divinely right all the time.

    But all generalizations have exceptions, of course.

    Wednesday, October 12, 2011 at 2:26 pm | Permalink