Economy
Stop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs – Bob Pollin
High oil prices and supply chain disruption are driving inflation, not workers’ modest wage increases or government debt. Bob Pollin joins Paul Jay on theAnalysis.news
Biden Heads to COP 26 Throttled by Manchin and Trumpists – with Bob Pollin
It looks like there’s not much left of Biden’s climate legislation as he heads to Glasgow planning to lecture China and the world. What should he be doing about the climate crisis? Bob Pollin joins Paul Jay on theAnalysis.news.
Why the Media Doesn’t Understand Control Fraud
Financialization of the economy and pervasive corruption go hand-in-hand. The stronger the financial sector and more parasitical it becomes, the more profound and systemic the corruption. Paul Jay joins “The New Untouchables” for a discussion about Bill Black’s conception of “control fraud.”
Michael Hudson: Biden Between BlackRock and a Hard Place
The Biden Administration is intertwined with Wall Street but must deliver some election promises to workers. Michael Hudson joins Paul Jay on theAnalysis.news.
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.
Rethinking Development: Towards a Post Hegemonic World
This panel discussion was part of the fourth annual UNCTAD YSI Summer School. Read more about the summer school here and join us live next time!
Capitalism Will Hit the Wall Again, Hard – Heiner Flassbeck on RAI Pt 5/5
Mr. Flassbeck says people must get politically engaged and find an alternative or we will face dictatorship because today’s capitalism is out of answers. This is an episode of Reality Asserts Itself, produced August 3, 2014, with Paul Jay.
The Necessity for Higher Wages – Heiner Flassbeck on RAI Pt 4/5
Mr. Flassbeck, former head of UNCTAD, says we’re going into the Japanese scenario, a stagnation with a kind of deflation because we have no purchasing power in the hands of the mass of the consumers. This is an episode of Reality Asserts Itself, produced July 31, 2014, with Paul Jay.
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.
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