Novara Media

Downstream: The Middle Class Will Collapse Unless We Tax the Rich w/ Gary Stevenson 13.07.2026 1h 36min

The idea of a wealth tax has never been more popular in Britain, and while many have campaigned for it, none have done more to boost the demand than one man: Gary Stevenson. The former city trader first joined us on Downstream four years ago. A lot has changed since then. This week, after a bruising round of media including attacks from Piers Morgan and the Guardian, Gary sat down to give his side of the story to Novara Media’s Aaron Bastani. What are the fair critiques of a wealth tax, and how does Gary engage with them? What would he say to Andy Burnham? What does he think needs to be done to keep out Farage and Reform? And do the recent spate of attacks in the media show that Gary’s actually winning the argument?

ACFM Microdose: Marcus Aurelius’s Meditations 12.07.2026 1h 36min

The Meditations of Roman emperor Marcus Aurelius are perhaps the best-selling self-help book of all time. Rooted in the rational philosophy of the Stoics, the 12 books offer a stream of personal musings on everything from cultivating self-discipline to being a successful leader. Following their episode on Resilience, Nadia, Keir and Jem offer a weird-left perspective on the Meditations, looking at their influence on western thought and current popularity among tech bros and the alt-right. Sign up to the ACFM newsletter: https://novaramedia.com/newsletters Help us build people-powered media: https://novara.media/support

Do Your Own Research: The True Cost of AI Girlfriends w/ James Muldoon 10.07.2026 1h 15min

AI boyfriends and girlfriends are all the rage – for some. For others, they just inspire rage. So what’s the truth about these seductive machines? Do they open up our erotic potential, or are they just an absurd fantasy? And how are they even made? James Muldoon is the author of Love Machines: How Artificial Intelligence is Transforming Our Relationships and co-author of Feeding the Machine: The Hidden Human Labour Powering AI. Put these two books together, and his work takes us along the strange journey of AI from deeply exploited workers in the slums of East Africa to the cores of our deepest desires.

Downstream: Who Really Won the War on Drugs? w/ Kojo Koram 06.07.2026 1h 20min

Last year, Zack Polanski’s Green Party suggested changes could be made to Britain’s prohibitionist approach to drugs – and felt the full force of the mainstream media’s indignation. But all over the world, the War on Drugs is shifting shape. Drugs are being legalised and commercialised. America now has its first legal weed-selling billionaire, while others serve out huge prison sentences for possession. Ash Sarkar sat down with Professor Kojo Koram, to discuss his latest book The Next Fix: The Winners and Losers in the Future of Drugs, which travels from a plantation-turned-prison in Louisiana to the psychedelic boom of Silicon Valley. So what does a drug policy fit for the 21st century actually look like?  

Do Your Own Research: How China Wins the Resource War w/ Thea Riofrancos 29.06.2026 1h 32min

We need critical minerals for the green transition, the military and the AI boom. In barely a year, lithium and the rare earths have become some of the most fought-over objects on earth. But the scarcity is manufactured — by refineries, choke points and the states that control them. Richard talks to Thea Riofrancos, author of Extraction: The Frontiers of Green Capitalism, about what these minerals really are, the gutted landscapes the green transition runs on, and the new geopolitics of extraction, from Trumpian state capitalism to Latin America to China.

Downstream: Governments Do Capitalism Wrong. Here’s How We Fix It. w/ Mariana Mazzucato 29.06.2026 1h 8min

Mariana Mazzucato is a towering figure in contemporary economics, best known for her work on the entrepreneurial state and mission-oriented economics. Her congregation is broad, ranging from an ascendant Andy Burnham, to the Pope, to Marco Rubio. Ash Sarkar sat down with her in front of a live audience at EartH Theatre in Hackney to test the ideas in her new book, The Common Good Economy.   Support

ACFM Trip 61: Resilience 28.06.2026 1h 38min

A weird-left look at the magical properties of resilience, from the colonial legacy of the stiff upper lip to contemporary narratives of trauma and victimhood. Nadia, Keir and Jem wonder whether humans and animals can flourish in the ruins of capitalism, and what a left politics of resilience could look like in an era of constant economic and climate shocks. No tunes in this show, but plenty of ideas from Catherine Liu, Sheryl Sandberg, Anna Lowenhaupt Tsing and more. Find the books mentioned in the show: https://novara.media/acfm Sign up to the ACFM newsletter: https://novaramedia.com/newsletters Follow our ever-expanding playlist on Spotify by searching ‘ACFM’. Help us build people-powered media: https://novara.media/support

Downstream: What the US-Iran Peace Negotiations are Really About w/ Daniel Levy 26.06.2026 1h 37min

Daniel Levy is a British-Israeli analyst, commentator, and former Israeli government negotiator whose biography reads like a map of the peace process’s rise and fall. Ash Sarkar sat down with him as a new Iran deal is announced, with shipping through the Strait of Hormuz set to reopen and the US-Iran ceasefire extended for 60 days. In this conversation, Daniel picks apart what these peace negotiations are really about. What does Israel really want? Who blinked first, the US or Iran? And how does a ceasefire announcement from the Oval Office differ fundamentally from long and lasting peace? Help us build people-powered media: https://novara.media/support

Do Your Own Research: How Private Equity Bought the World w/ Hettie O’Brien 20.06.2026 1h 9min

Secret backrooms where deals are done in private: the realm of conspiracy theories? Or an increasingly large part of capitalism? Since the financial crisis, some of the big winners have been private equity firms. They’ve snapped up bargains on everything from high street brands, to care homes and nurseries – and maybe even the house you own. Hettie O’Brien is a journalist for The Guardian and the author of The Asset Class: How Private Equity Turned Capitalism Against Itself. She spoke to Richard Hames about private equity’s secret influence over the ways we are all born, work, and die – and what it all has to do with the rise of the far right.   See the full Do Your Own Research map here: https://novaramedia.com/category/video/do-your-own-research/ Music by Iglooghost.

Downstream: The Truth About the US Military w/ Matt Kennard 15.06.2026 1h 51min

The war on terror ended in 2021 with a catastrophic withdrawal from Afghanistan, but the consequences of that conflict continue to play out both overseas and at home. Aaron Bastani sat down with investigative journalist Matt Kennard, founder of Declassified UK, to talk about the status of the American empire, Trump’s war-hungry administration, and how the US government has been captured by Netanyahu. Matt’s new book is Irregular Army: How the US Military Recruited Neo-Nazis, Gang Members and Criminals. Help us build people-powered media: https://novara.media/support

Do Your Own Research: Israel Is Literally Burying Evidence of Its Genocide w/ Eyal Weizman 13.06.2026 1h 21min

The so-called ceasefire in Gaza has not ended the genocide. The bombing runs may be quieter, but the bulldozers roar on. Israel is tearing up homes, orchards, schools and hospitals, then flattening the rubble to erase the memory that Palestinian life was ever there. To understand this architecture of death, Richard Hames spoke to Eyal Weizman, author of Ungrounding: The Architecture of Genocide and founder of Forensic Architecture. His team builds meticulous 3D reconstructions from the scattered traces of an event – phone footage, survivor testimony, documented shrapnel – to prove what really happened, even when states want it covered up. Their work is rigorous enough to have been submitted in South Africa’s case against Israel at the ICJ. Get the map here: https://novaramedia.com/category/video/do-your-own-research/ Music by Iglooghost.

Downstream: AI Billionaires Want to Control Every Aspect of Your Life w/ Karen Hao 08.06.2026 1h 16min

It has been a year since Aaron Bastani first met with AI investigative journalist Karen Hao, to discuss her book Empire of AI. A year is a long time, in the fastest growing sector on the planet. To bring us up to date, Aaron and Karen sat down again to discuss the major shifts in the empire – and their impacts on us all. Billions of people now use, AI as it has become more integrated into our lives, from chatbots, Google searches, predictive text, and beyond. At the same time, there has been a groundswell of fear and even anger about the arrival of the most disruptive technology of the 21st century: its impact on jobs, its use of resources, and the reckless behaviour of its billionaire founders. What have been the changes at the top of the major AI companies: OpenAI, Google, xAI and Anthropic? As Elon Musk approaches trillionaire status, how is he making this much money? What impact is the rollout of AI at such speed and scale having on the economy? What forms of resistance to this form of AI are emerging? And why are billionaires all choosing to build their bunkers in New Zealand?

ACFM Microdose: The Work of Art in the Age of Mechanical Reproduction 07.06.2026 2h 6min

The ACFM crew gather for a close reading of Walter Benjamin’s foundational contribution to 20th century cultural and media theory. Download the short text and follow along as Nadia, Keir and Jem consider The Work of Art in the Age of Mechanical Reproduction, published in 1935. Sign up to the ACFM newsletter: https://novaramedia.com/newsletters Help us build people-powered media: https://novara.media/support

Do Your Own Research: From the Bible to ChatBots: A History of Psyops w/ Trevor Paglen 06.06.2026 1h 25min

We are all subject to manipulation campaigns all the time: advertising, political campaigning, social media. You don’t know what’s true and you can’t stop watching slop. And the technology is getting better all the time – there are now systems that predict what your brain state will be when you see a particular video on the internet. We’re living in a jungle of manipulative media objects: sycophant chatbots, military disinformation, “flooding the zone with shit,” and conspiracy theories that either capture people and drag them into derangement or, sometimes, turn out to be true. So where did these manipulative systems come from? Trevor Paglen is one of the most important artists of our era. He took Richard Hames on a journey that weaves between art, technology, cognitive science, the history of CIA experiments, magic, military psy-ops and UFOs to explain why the world feels so confusing – and why that might have been the point all along. Do Your Own Research is a show from Novara Media about the systems that make the modern world possible. The video version contains a map, which you can view in full here: https://novaramedia.com/category/video/do-your-own-research/

Downstream: The Woman Who Invented Intersectionality w/ Kimberlé Crenshaw 01.06.2026 1h 55min

The far right holds power in the US, inflaming tension along racial lines. ICE agents terrorise the streets, while Black history is erased from school curricula. In the UK too, Nigel Farage’s far right party Reform is on the ascendancy, riding a tide of anti-immigrant sentiment that he himself helped to stoke. Our guest on Downstream this week is Professor Kimberlé Crenshaw, civil rights advocate and legal scholar. Crenshaw is known for coining the term ‘intersectionality’ to describe the ways different forms of discrimination combine or intersect, and is a leading figure within the field of Critical Race Theory. Born into segregation, her new memoir Backtalker (2026) tells her life story, tracking 60 turbulent years of American history in the process. How have the forces of race, class and gender shaped Crenshaw’s own life? What is Critical Race Theory – the academic field Crenshaw founded – really about? Was Kamala Harris’ presidential campaign a failure because she was a weak candidate, or because she was a victim of the forces of misogynoir? And in these times of rising fascism, should progressives put their efforts into tackling inequality based on race, or class?

Do Your Own Research: AI Is Not A Bubble. The Reality Is Far Worse w/ Garrison Lovely 30.05.2026 1h 40min

AI progress isn’t slowing down. The bubble doesn’t seem to be popping. And who in power actually cares about the environmental impacts anyway? All that is to say: AI is here to stay. And what will be its fruits? Greater control of workers or even their brutal repression, some say. So, is there a positive future for AI at all? Garrison Lovely is the author of Obsolete: The AI Industry’s Trillion-Dollar Race to Replace You—and How to Stop It. And surprisingly, his answer is “yes”. He told Richard Hames about the dangers of AI, and how to get off the path to dystopia.   Do Your Own Research is a new show from Novara Media about the systems that make the modern world possible. Music by Iglooghost.

Downstream: Top Economist Exposes Inequality Death Spiral w/ Gabriel Zucman 26.05.2026 1h 19min

A wealth tax on the very richest people in our society has never been more popular. Recent polling puts the plan at 90% approval, a figure almost unheard of for any policy proposal. This week’s guest, Gabriel Zucman, is a French economist who has done the most comprehensive work on what such a tax could accomplish. And he’s also a key inspiration for the UK’s leading wealth tax advocate – and friend of the show – Gary Stevenson.

Do Your Own Research: The Scandal of the Century? Hondurasgate Explained w/ David Adler 25.05.2026 49min

It’s a dizzying set of allegations. A trove of leaked voice notes and call recordings — published by the anonymous outlet Hondurasgate.ch and Spain’s Canal RED — allege that Israeli money helped secure US President Donald Trump’s pardon of former Honduran president Juan Orlando Hernández, who was serving 45 years in a US prison for trafficking some 400 tons of cocaine. The recordings point to an alleged plot involving Trump, Netanyahu and Argentina’s President Javier Milei to return Hernández to power and destabilise the left-wing governments of Brazil, Colombia and Mexico. But how do we know whether allegations on an unattributed website are true? And does it even matter if they are? David Adler, co-general coordinator of the Progressive International and an expert in Latin American politics, joins Richard Hames to dig into the story, explain its imperial backstory, and what it means to live in an age where claims arrive faster than we can verify them.   Do Your Own Research is a show from Novara Media about the systems that make the modern world possible. Music by Iglooghost.

ACFM Trip 60: Shock! 24.05.2026 2h

Jem, Nadia and Keir apply their weird-left lens to the power and potential of shock. Starting with an investigation into economic shock therapy and the way that Trumpism models the concept of shock doctrine, they move onto modern art’s relationship with the shock of the new, from Dada and Eisenstein to gangsta rap and radio shock jocks. Can you acclimatise yourself to shock either through repetition or training? Can shock be commodified? What other shocks are coming down the pipeline? These ideas and more with musical input from Kylie, Herbie Hancock and Stravinsky. Find the books and music mentioned in the show: https://novara.media/acfm Sign up to the ACFM newsletter: https://novaramedia.com/newsletters Follow our ever-expanding playlist on Spotify by searching ‘ACFM’. Help us build people-powered media: https://novara.media/support

Downstream: British Politics Is in Meltdown. Here’s Why w/ James Butler 19.05.2026 1h 45min

It has been a seismic week in British politics. The two-party system has collapsed. Keir Starmer is digging in at Downing Street, while Labour leadership contenders line up outside, and Reform clouds gather overhead. Now: the most important by-election in more than a century looms. How did we get here? And what happens next? On this week’s Downstream, Aaron Bastani is joined by James Butler, contributing editor at the London Review of Books and co-founder of Novara Media, to make sense of the paradigm shift underway in British politics. How has first past the post, long promoted as a source of political stability, become the background for systemic chaos? Why is there such a democratic deficit in Britain, and what can be done about it? Have two lost decades on the economy simply killed both historic parties? And where should progressives position themselves, as we now begin the slow march towards the final general election of the 2020s?