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The BREAK—DOWN
Adrienne Buller and Common Wealth
21 episodes
2 days ago
The BREAK—DOWN is a not-for-profit media project focused on capitalism, nature and the climate. Launched in May 2024, we publish audio + video content, alongside new writing. To support our work, find us at www.break-down.org/support
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Society & Culture
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All content for The BREAK—DOWN is the property of Adrienne Buller and Common Wealth and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The BREAK—DOWN is a not-for-profit media project focused on capitalism, nature and the climate. Launched in May 2024, we publish audio + video content, alongside new writing. To support our work, find us at www.break-down.org/support
Show more...
Society & Culture
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Episode 12: Cycles of Extraction: Ecuador, oil and the IMF w/ Andrés Arauz
The BREAK—DOWN
34 minutes 54 seconds
1 year ago
Episode 12: Cycles of Extraction: Ecuador, oil and the IMF w/ Andrés Arauz

In a 2023 referendum, the people of Ecuador voted 59 per cent to 41 per cent to stop exploiting oil in the Yasuní region, one of the most biodiverse places on Earth, with more tree species in one single hectare than in all of the landmass of Canada and the US combined. It was a massive break with the global status quo, in a year when fossil fuel use around the world reached record highs and profits soared.

However, the referendum was not an overnight success. It built on years of struggle, including the failed Yasuní-ITT initiative undertaken by then-president Rafael Correa in 2007, which asked foreign governments to pay Ecuador not to exploit the oil in this region. 

So how did it happen, and what lessons can the rest of the world learn from Ecuador? Here to answer these questions, and many more, is Andrés Arauz, a Senior Fellow at the Center for Economic Policy Research and, formerly, a politician in the Ecuadorian government.

In this special episode, Adrienne speaks to Andrés about Ecuador’s pursuit of climate and environmental justice, as well as the barriers facing lower income countries in the context of a highly unequal global economic system. From the International Monetary Fund to the rules of international trade, Andrés unpacks the ways that injustice is built into global capitalism, and lays out a blueprint for a radical alternative.

The BREAK—DOWN
The BREAK—DOWN is a not-for-profit media project focused on capitalism, nature and the climate. Launched in May 2024, we publish audio + video content, alongside new writing. To support our work, find us at www.break-down.org/support