Widespread corruption in Lebanon is fostered by the country’s ruling class, whose business interests are enmeshed with those of international finance. Nadim Houry, executive director of the Arab Reform Initiative, explains how Lebanon’s culture of political impunity is tied to the reconstruction agreements put in place in 1990, at the end of the 15-year civil war. The ongoing political deadlock shields the authorities from scrutiny and allows for vulture capitalists such as the former governor of Lebanon’s Central Bank, Riad Salameh, to embezzle the country’s resources. At the same time, ordinary people are faced with crushing inflation.
A discussion about independent media and ownership, censorship, self-censorship in media and a discussion about hate speech laws.
The legendary regulator and white-collar criminologist William K. Black explains why, contrary to corporate media coverage, the bank failures set off by the Silicon Valley Bank crash were absolutely not sudden, unexpected, or unforeseeable, and why none of the regulations Democrats or Republicans are talking about would have stopped them.
The inflation conference at Political Economy Research Institute at UMass Amherst (PERI) presented mounting evidence that raising the rate of interest will only raise unemployment and weaken the bargaining power of low-wage workers and the poor that are already hit hard by the pandemic across the world. Robert Pollin joins Sharmini Peries on theAnalysis.news.
Remembering Salvador Allende’s speech at the UN in 1972 and the call of world nations for a New International Economic Order, Harris Gleckman explains how global corporations were more effective at setting the rules. Lynn Fries interviews Gleckman on GPEnewsdocs.
A Bank for International Settlements study says 60+ trillion dollars of off-the-books currency swaps could be a profound, systematic risk. Robert Johnson joins Paul Jay on theAnalysis.news.
Are antitrust laws effective as a mechanism to break up monopolies and Big Tech? How monopolies enable price-gouging and drive inflation. Talia Baroncelli speaks to Matt Stoller, Research Director at the American Economic Liberties Project.
Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking in robber-baron profits.
The world’s billionaires—only 3,311 individuals—represent almost $11.8 trillion in wealth.
According to William I. Robinson, the COVID pandemic has further intensified the structural crisis of global capitalism and has caused numerous uprisings and revolts around the world, which global elites are trying to suppress via militarization, police repression, and surveillance. Robinson joins Greg Wilpert on theAnalysis.news.
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