Novara Media

Novara Media is an independent media organisation addressing the issues—from a crisis of capitalism to racism and climate change—that are set to define the 21st century.

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February 9 · 1 hr 22 min
Downstream: Vape Shops, Crypto and Luxury Watches: How Money Laundering Is Everywhere w/ Oliver Bullough
When it comes to the relationship between capitalism and crime, those on the left generally think of exploitation. People often turn to crime, so the thinking goes, because they can’t make ends meet by legitimate means. Whatever your views on that framing, there is also another – far less discussed – connection between capitalism and crime, namely the relationship between elites, the shadow economy and money laundering. On Downstream this week, Aaron Bastani talks to Oliver Bullough about his latest book: Everybody Loves Our Dollars: How Money Laundering Won. Bullough explains how money laundering, as a global phenomenon, is estimated to be worth trillions of dollars a year. What makes such industrial-scale crime even possible is, ironically, the basic infrastructure that permits globalised trade in the first place: a basket of important currencies, centring on the American dollar. So while the White House talks about the war on drugs, or the war on crime, the currency being issued by the Federal Reserve – America’s bank – is what makes much of that crime profitable at all. It turns out, according to Bullough, that while elected officials talk tough, they generally fail to take necessary steps to curb the global flow of dirty money. While completely eliminating laundering may never be possible, making a start is easier than you think. What is money laundering, and why should you care about it? How does it look different in places like China and Russia when compared to the United States or Europe? Is it really like the TV shows? What do vape shops, NFTs and luxury watches all have in common? And is rampant criminal activity much more common, and closer to home, than we are led to believe?
February 2 · 49 min
Downstream: China, AI and the West’s Free Speech Crackdown w/ Ai Weiwei
Over the past three years, the Israeli genocide of the Palestinian people has become a flash point for freedom of speech in the West. Expressing solidarity with Palestinians has given Western governments an excuse to crack down on dissenters. There has been intimidation and job insecurity at one end of the scale, through to brutal policing, arrests, and extraditions at the other. Our guest on Downstream this week knows a thing or two about censorship. Artist Ai Weiwei holds the unusual position of having been censored in both China and Europe. In conversation with Ash Sarkar, they discuss how a rising authoritarianism in many Western nations represents a fragility at the heart of the liberal political project. What was it like being interrogated over 50 times by Chinese authorities, and what kind of relationship did Ai Weiwei develop with his captors? Why did he choose to be an artist, rather than a journalist? And what is his art in service of?
January 26 · 1 hr 16 min
Downstream: 2008 Whistleblower on the Next Big Crash w/ Ann Pettifor
This week, Donald Trump continued his streak of threatening tariffs against any country that opposes him, increasing the odds of an escalating trade war and further destabilising the global economic system. But according to this week’s guest, the system is in desperate need of reform. Indeed, she thinks without a complete structural overhaul, it will soon ‘blow itself up.’ On Downstream this week is Keynesian economist, Ann Pettifor, to discuss her latest book, ‘The Global Casino: How Wall Street Gambles with People and the Planet.’ In conversation with Ash Sarkar, they discuss the state of the global economy, and the ‘shadow’ banking system that holds $217 trillion in financial assets – beyond the control of any taxman. How did Ann predict, with precision and foresight, the global financial crisis of 2008? Will the AI bubble burst, triggering the next economic crisis? And is the Green New Deal – which Ann helped to create – dead in the water, or a transformative plan B that we can turn to when the next crisis invariably comes?
January 19 · 1 hr 50 min
Downstream: Exposing the Lies of the 20th Century w/ Tariq Ali
Our guest this week was born in 1943, in what was then British India – modern day Pakistan. Unlike most, who have learned history through books and second-hand sources, he has witnessed first-hand a great deal of the 20th and 21st centuries. Tariq Ali founded Verso Books, the leading left-wing publishing house in Britain, as well as the New Left Review. He met Malcolm X, was friends with John Lennon and Hugo Chavez, and spearheaded the anti-Vietnam War movement. In conversation with Aaron Bastani, this week on Downstream we are talking about the ways we remember – and misremember – the 20th century, and how these events have a long tail that shape our present and future. How significant was the cultural revolution in China, in sparking anti-colonial struggles across Asia? How do the dynamics of the Cold War still dominate the mainstream media? And who are the substantial political figures and ideologies set to dominate the next decades of the 21st century?
January 12 · 1 hr 19 min
Downstream: Venezuela, China and the End of the Dollar w/ Glenn Greenwald
It has been a bellicose start to 2026, with the US army kidnapping Venezuelan President Nicolas Maduro and threatening to annex Greenland, putting many more nations, including Mexico and Colombia, on high alert. On Downstream this week is investigative journalist Glenn Greenwald, who’s best known for helping Edward Snowden’s disclosures about the NSA’s global surveillance program come to light, as well as investigations that led to Brazilian president Lula’s release from prison. He sat down in his Rio De Janeiro studio to speak to Aaron Bastani about the differences in Trump 2.0’s foreign policy, how the last year has seen unprecedented corporate consolidation of media and whether the US empire is flexing a novel expansionist ambition or if the lashing out of the last week is a sign of decline.
January 5 · 1 hr 11 min
Downstream: Exposing the Israeli Capture of British Politics w/ Peter Oborne
After ‘Operation Al-Aqsa Flood’ on October 7th, a specific narrative quickly emerged and pervaded the entire Western mainstream media. Namely, that unprecedented horrors were committed against the state of Israel and that whatever way it responded was justified. Any deviation from this narrative was quickly shut down. In the intervening years, the British state has aided Israel in its response, a response that organisations including Amnesty & B’tselem have called a genocide in Gaza. Peter Oborne is a journalist and author whose new book, ‘Complicit: Britain’s Role in the Destruction of Gaza’, provides a forensic account and set of references defying anyone denying Britain’s fuelling of genocide in Gaza.
Dec 29, 2025 · 1 hr 14 min
Downstream: 2025: What Actually Happened? w/ Ash Sarkar and Aaron Bastani
Ash Sarkar and Aaron Bastani joined each other on 17th December for a special end-of-year Downstream, wrapping up the year in politics.
Dec 22, 2025 · 1 hr 36 min
Downstream: ‘Gaza Is Over, It’s Gone. There’s Nothing Left’ w/ Norman Finkelstein
Norman Finkelstein is one of the west’s leading anti-Zionist scholars. The son of Holocaust survivors, he has spent his life studying and critiquing Israel’s assault on Palestine, decades before it became socially acceptable to do so. Yet despite having dedicated his career to it, by the day before Hamas’ attack in October 2023, Norman had all but given up on the cause of Palestinian liberation. His most recent book on the subject had sold 370 copies. When news of the attack arrived, Norman knew people would want to hear from him. He wrestled with what to say, eventually coming to the view that Hamas’ actions could be viewed through the lens of the slave rebellions in the early 1800s: heinous acts of violence borne out of desperate circumstances: acts that he could not condemn. In conversation with Aaron Bastani, Norman tells the story of his parents’ lives before the war, and the life they built in the shadow of the Holocaust. Could they speak about what they had been through? How did their experience impact Norman’s work and his devotion to the truth? What was it like arguing with his mentor, Noam Chomsky? And what is Israel’s endgame?
Dec 21, 2025 · 1 hr 33 min
ACFM Microdose: The ‘Radical Realists’ of Mainstream, Labour’s New Faction
After a Trip episode about the meaning of mainstream, this time the gang go deeper into ‘Mainstream’ – that is, the new soft-left faction inside Labour. Yes, a festive episode about the inner workings of a political party! Don’t say we don’t spoil you. Jem, Nadia and Keir explain the emergence of Mainstream’s ‘radical realists’ – who include Andy Burnham and Clive Lewis – by exploring the lesser-known history of political tendencies that have shaped and split the Labour Party since the second world war. Further reading: Jem’s recent piece in Tribune. Sign up to the ACFM newsletter: https://novaramedia.com/newsletters Help us build people-powered media: https://novaramedia.com/support
Dec 15, 2025 · 1 hr 24 min
Downstream: The Truth About Hamas, October 7th & Israel’s Ongoing Genocide w/ Tareq Baconi
Since Hamas launched its assault on October 7th, 2023, the group has become synonymous with evil in large parts of the Western media. Condemnation has come at the expense of critical engagement with the group’s actions, objectives, and history, leaving a vacuum that has been filled with racist assumptions and conspiracy theories. Tareq Baconi is a Palestinian scholar whose doctoral thesis on Hamas was published in 2018 as a book, ‘Hamas Contained’. The book drew on interviews with the organisation’s leaders and their archives. Tareq’s goal when writing it was to ‘get out of the way’ and let the group speak for itself. Tareq’s newest book, ‘A Fire in Every Direction,’ is a memoir about growing up as a queer Palestinian man in Amman. The title is a reference to Tareq’s activist mother, who fought for Palestinian liberation from exile. In conversation with Ash Sarkar, Tareq traces the group from its inception in the Muslim Brotherhood, to an armed resistance group, and then a democratically elected party. How did the group rise to power in Gaza? What were the conditions under which they adopted violence as a strategy? Did October 7 go as planned, or was there a miscalculation? And how is Tareq making sense of this moment in time, in the face of the ongoing genocide by Israel against the people of Palestine?
Dec 8, 2025 · 1 hr 19 min
Downstream: The Plan is to Make the Internet Worse Forever w/ Cory Doctorow
Did you know that the standard of Google searches has actually gotten worse over recent years? Once you think about it, it makes sense. Highly effective search means fewer searches overall. And fewer searches means less ad revenue. The financial basis of Alphabet, which is Google’s parent company, is, of course, digital advertising. Which means that undermining the quality of the company’s cornerstone product actually makes money. That’s how crazy the modern internet has become. There are, as the saying goes, many such cases. Cory Doctorow, this week’s Downstream guest, has a word for this phenomenon: ‘Ensh*tification’. He’s written a book about it too. In front of a live audience at EartH Hackney, Aaron Bastani sat down with him to discuss it, and the implications of an internet that just gets worse. Ensh*tification: Why Everything Suddenly Got Worse and What To Do About It explains the destruction of the internet by monopolistic, multi-trillion dollar forces. Silicon Valley, once a source for technologically-infused optimism, is now destroying the information space we all share. The internet still brings immeasurable value, of course, but the cost-benefit for society, and users, is increasingly up for debate. And things are only headed in one direction. Doctorow argues that the rise of conspiracism, surveillance, addiction, and fraud is no accident. Instead, he claims, all are inextricably linked as Big Tech, led by some of the world’s wealthiest people, seeks to extract maximum value by undermining our very sense of reality. So why does our online public square increasingly resemble a dumpster fire? How come, where I could once follow friends and loved ones, I’m now bombarded by AI slop? And is this deteriorating experience of the internet now bleeding into the physical world too? Over 90 minutes Aaron and Cory discuss the book’s most eye-opening case studies, unpicking the insidious tactics employed by the tech giants, and revealing just how unscrupulous these companies are. Their end goal is, in many ways, at odds with a civilised, democratic society.
Dec 7, 2025 · 1 hr 54 min
ACFM Trip 56: The Mainstream
Jem, Nadia and Keir debate the meaning of ‘mainstream’ – something none of them could ever possibly be, of course. Is ‘woke’ the new mainstream? Can there be a mainstream if we don’t all have access to the same culture? Is Tommy Robinson shifting the Overton Window? Why is nonconformity associated with coolness? And who engineers the ‘typical girl’? The gang answer these questions and more, with ideas from Raymond Williams and Perry Anderson, and music from Pulp and The Slits. 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
Dec 1, 2025 · 1 hr 19 min
Downstream: How to Create A Revolution w/ Roger Hallam
Whether you love or loathe his tactics, it’s hard to deny the disruptive impact that Roger Hallam has had on British politics via the activist organisations he has led, Extinction Rebellion and Just Stop Oil. He joins Ash Sarkar fresh from his latest stint in prison, where he wrote a treatise for Your Party that sets out his vision for an emancipated future, and strategies for how to get there. But does Your Party still have potential? Does he still believe in sending activists to prison? And will Zoom calls be part of the revolution? Sign up for Downstream in your inbox: novara.media/downstreamnewsletter
Nov 24, 2025 · 41 min
Downstream: Zack Polanski Is Coming for Starmer and Farage
Support for the Green party in Britain has been steadily rising for the past few decades. However, few predicted that when Zack Polanski took office as Green party leader in September, membership would surge from 70,000 to 150,000 members in a matter of months. According to the latest polling, the party’s share of the vote has soared too: growing from 10 to 17 per cent. In front of a live audience at EartH Hackney, Zack tells the story of his first few months in office, and how the party’s plans from two months ago are already outdated. What are the core values, red lines and top priorities for the Greens in this new era? How broad a church will the Green party be? Is it a socialist party, or a party with socialists in it? And what exactly is their strategy to take on the floundering Labour party, as well as the looming threat of Reform? Sign up for Downstream in your inbox: novara.media/downstreamnewsletter
Nov 17, 2025 · 1 hr 27 min
Downstream: Ex-World Bank Insider on Western Decline & the Chinese World Order w/ Branko Milanovic
At Novara, we focus on the trends that are remaking the world and affecting our lives: technological development and automation, multipolarity, the demise of an American-led world order and the rise of China. On Downstream this week is a man whose work draws together all of these themes: former World Bank macroeconomist and leading expert on global inequality, Professor Branko Milanovic. In conversation with Aaron Bastani, Branko answers all of Aaron’s burning questions about modern economic history and where things are heading. How significant is the rise of Asia today, compared to the seismic historic shift of the Industrial Revolution in the 18th century? What was the cause of World War I, and why don’t mainstream accounts understand the real roots of it? Who are the new elite, and why is it so hard to break their hold on wealth? And how likely is a conflict between China & the USA?
Nov 11, 2025 · 1 hr 27 min
Downstream: The Dark Truth About Starmer’s Rise to Power w/ Paul Holden
Investigative journalist Paul Holden has spent the last four years digging into the political machinations that brought Keir Starmer’s Labour Party into office – findings that propel his powerful 2025 book, The Fraud: Keir Starmer, Labour Together and the Crisis of British Democracy. He tells Ash Sarkar about the cache of leaked emails that revealed the secret dealings of Morgan McSweeney – an adviser who’s risen through the ranks to become perhaps the most powerful man in the Labour party – and explains how McSweeney’s faction, Labour Together, sabotaged the Corbyn project. Help us build people-powered media: https://novara.media/support
Nov 3, 2025 · 1 hr 38 min
Downstream: Putin’s War in Ukraine Has Ancient Roots w/ Serhii Plokhy
In 1989, Francis Fukuyama, then a very young political scientist, declared that history was over. He wrote a book with the same title just a couple of years later. The Cold War had finished, the USSR had collapsed, liberal democracy and market capitalism reigned supreme, and it wasn’t going to change. And yet in the last few years, the script has moved quite significantly. History has returned. Emblematic of that has been the conflict between Russia and Ukraine which began in 2022, although of course, you can date that back to 2014 when Russia annexed Crimea. On Downstream this week is Serhii Plokhy, professor of Ukrainian history at Harvard University. He offers a deep history of Russia and Ukraine, the conflict, where it comes from, and where it sits within the broader sweep of collapsing empires. He’s also got a new book out, about nuclear weapons and nuclear energy: The Nuclear Age. They discuss what is driving Vladimir Putin’s war on Ukraine, almost four years after it began. What does Putin’s stated aim of ‘de-Nazification’ really mean? What role does Russia’s nuclear arsenal play in determining the shape of the conflict? And, in an increasingly multipolar world where history has indeed come back, is nuclear proliferation within the next ten years likely?
Nov 2, 2025 · 1 hr 47 min
ACFM Microdose: What’s Going On With Your Party?
After last week’s episode on Parties, this time ACFM exposes the predicament facing Your Party, the new leftwing faction led by Zarah Sultana and Jeremy Corbyn. What expectations do leftwing voters have for Your Party? Does the Corbyn faction distrust the membership? Is Zarah a politician or a poster? And does ‘Yorp’ stand a chance of overtaking the ascendant Greens? Nadia, Jem and Keir analyse a turbulent few months in British left politics. Sign up to the ACFM newsletter: https://novaramedia.com/newsletters Help us build people-powered media: https://novaramedia.com/support
Oct 27, 2025 · 1 hr 31 min
Downstream: The West Misunderstands Iran w/ Vali Nasr
Iran has been in the news a lot in 2025. Over recent decades, it has been a variable in Iraq, Afghanistan, Syria, Lebanon, Israel, and Palestine. But during the Twelve Day War with Israel in June of this year, Iran very much took centre stage. People started asking questions, chief among them being: What does Iran really want? On Downstream this week is Vali Nasr, professor of Middle East Studies and International Affairs at Johns Hopkins University, and author of a new book, Iran’s Grand Strategy. In conversation with Aaron Bastani, Nasr traces the roots of Iran’s foreign and domestic policy, from western imperialism through the revolution, and into the present day. What have been Iran’s failures and successes, domestically and beyond its borders, in the years since the revolution? Why does a country with no real military or economic base find itself enmeshed in so many conflicts overseas? Does Iran sincerely support the cause of Palestinian liberation? Why would it want nuclear capability? And as the revolutionary guard grows old, what will Iran do next?
Oct 22, 2025 · 45 min
Downstream: Kidnapped at Sea by the Israeli Military. The Full Story w/ Kieran Andrieu
The Gaza Strip, home to 2.2 million people, is a tiny land mass about the same size as the Isle of Wight. Yet in terms of munitions by weight, Gaza has been subjected to more than all of the bombs dropped on Dresden, Hamburg, and London combined, over the whole of World War II. Another even more terrifying statistic: in Ukraine, after two years of conflict, there were around 30 cases of child amputees. In Gaza, there were a thousand cases of child amputation in two months. This October marked two years since the high-intensity genocidal assault on the people of Gaza began, though the attempt to erase Palestine and ethnically cleanse its people began a century before. To mark the occasion, we hosted a live event at EartH Hackney to raise awareness and raise money for Medical Aid for Palestinians. Kieran Andrieu is a political economist, journalist, and activist with six siblings living under Zionist occupation in the West Bank. Earlier this year, he joined the Global Sumud Flotilla, a fleet of over 40 boats and 500 activists, taking humanitarian aid to Gaza in an attempt to break Israel’s naval blockade of the strip. In conversation with Aaron Bastani, Kieran tells the whole story for the first time. What was it like being kidnapped at sea by amphetamine-using IDF soldiers? How were tactics of sleep deprivation used against them? How did the activists maintain morale in such circumstances? And what were the political victories of the mission?