Podcast: Play in new window | Download | Embed
Subscribe Apple Podcasts | Spotify | Android | iHeartRadio | Blubrry | Email | TuneIn | Deezer | RSS
Podcast: Play in new window | Download | Embed
Subscribe Apple Podcasts | Spotify | Android | iHeartRadio | Blubrry | Email | TuneIn | Deezer | RSS
ARVE Error: No attachment with that IDFor sustainable recovery from the COVID-19 global economic shock, it’s imperative to break from policy choices that produce a concentration of economic power and wealth in a limited section of the economy but old habits, die hard warns UNCTAD’s Richard Kozul-Wright.
In part two of this three-part series, Paul Jay speaks about the grave war crimes committed by numerous U.S. presidents, which have gone largely unpunished. The current corporate political class is hyper-focused on President Donald J. Trump’s unlawful behavior as if it constitutes an anomaly in the historical trajectory of presidential crimes. Despite this double standard, Trump should not be exempt from judicial scrutiny and prosecution.
Political economist Mark Blyth explains why inflation in the U.S., Canada, and the E.U. is highly unlikely. There is a great deal of room for more government spending and higher wages before much inflation is possible. Mark joins Paul Jay on theAnalysis.news
The Watergate break-in was leaked to Smith before Woodward and Bernstein, but the Times refused to pursue the story. Bob and Paul discuss how bias and suppression of important stories continue to this day, on theAnalysis.news with Paul Jay.
Rana Foroohar (Financial Times) and Marc Blyth (Angrynomics) join Paul Jay to discuss the crazy and dangerous decline of the American Empire, on theAnalysis.news podcast.
This is an episode of Reality Asserts Itself, produced on January 18, 2017. On Reality Asserts Itself, Nina Turner, leading Bernie Sanders surrogate during the primary, tells host Paul Jay that when she moved her support from Clinton to Sanders, she was accused of betraying the party that she should be grateful for – and she answered: “I’m not on the plantation anymore”.
I suggest Mr Ferguson reread Mike Moore’s Stupid White Men on Bill Clinton being the best or worst republican POTUS America never voted for, before trying to alibi the duplicitous , absolutely corrupt , and perhaps senile Joe Biden as Americas white knight.
Voting is of little importance and has been since our defeat in Vietnam , when CIA and the the various deep state entities controlled by unelected elites decided that guys like Carter , Nixon , and Kennedy were unreliable and began openly fixing the results. These days the SCOTUS, and Electoral College are the primary tools , supplemented by electronic ballot rigging , voter suppression , and gerrymandering of districts . Whether Trump or Biden sit on the now mainly ceremonial POTUS throne is truly immaterial to the global elites that now rule most of the planet.
The characterization of today’s (since 2009) QEs as “Keynesian” stimulus is incorrect. If JM Keynes were alive today, he would be vociferously denouncing the Fed and the Treasury as irresponsible. Keynes, in his 1936 treatise, “The General Theory of Employment, Interest, and Money”, urge federal borrowing when there is growth stagnation and high unemployment. Its object was the stimulation of aggregate demand by putting people back to work. Keynes saw this as the singular responsibility of the federal government, because private investment in times of GDP stagnation is discouraged by the wide perception of unacceptable risk. Only the federal government can provide the needed employment stimulus . This is very different from increasing the reserves of the major banks so that they and their privileged borrowing corporations can help themselves in the stock market rather than invest and increase employment. That is not Keynesian stimulus.
I can think of no person who was and is still detested as much as FDR by his own capitalist class as was JM Keynes. If Keynes had been in charge at the Bretton Woods conference in place of Harry Dexter White, an agreement could have been made that might have avoided the domination of the postwar economy by the US and the ultimate breakdown of the gold standard (1971). If Keynes had been heard after WWI, the Versailles Treaty would not have set the stage for WWII. He was a profoundly far sighted political economist and one of the key intellectuals of the 20th century, as recognized and celebrated by Bertrand Russell in his “History of Western Philosophy”.
Great post I heartily agree.