Economy
Imperialism Then and Now: Wealth, Unemployment, and Insufficient Demand- Pt 1/3 Prabhat Patnaik
Imperialism which existed in the colonial era persists to this day and the system cannot do without it. In a 3 Part series, Prabhat Patnaik discusses his read on the history of capitalism from colonialism into the present. Prabhat Patnaik reviews the connection between imperialism and capitalism through history to stress that by necessity of the accumulation of wealth, somewhere demand has to be suppressed to provide cheap inputs to ‘the markets’. The colonialist relation is retained to the present, with changing subjects.
The U.S. Dollar and the Search for a Reasonable Capitalist – Heiner Flassbeck on RAI Pt 3/5
On Reality Asserts Itself, Mr. Flassbeck says the stock market bubble can burst at any moment because everybody knows there is no real growth behind it; then we are really in trouble as the whole effect of stabilization will disappear in one moment. This is an episode of Reality Asserts Itself, produced July 31, 2014, with Paul Jay.
Artificial Intelligence in Whose Interests? – RAI with Rana Foroohar Pt 6/6
On Reality Asserts Itself, Ms. Foroohar and host Paul Jay discuss the merging of finance and big tech and the threat AI poses to working people and the economy; they also discuss the potential of AI in addressing the climate crisis and making a more rational and equal society possible – with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.
The Rich Have an Escape Plan – RAI with Rana Foroohar Pt 5/6
On Reality Asserts Itself, Ms. Foroohar says many wealthy people understand that the climate crisis, deep recession, and war are real threats, but they believe “apres moi le deluge [after me comes the floods];” the Financial Times columnist and author of “Makers and Takers” said many of the rich have escape plans thinking “they can avoid the apocalypse” – with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.
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