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.
Crushed by the 2008 financial crisis, Patrick Lovell joined Eric Vaughan and white-collar crime expert Bill Black to expose “control fraud” and the real story behind the 2007/08 crash. Lovell and Vaughan join Paul Jay on theAnalysis.news.
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.”
The Biden Administration is intertwined with Wall Street but must deliver some election promises to workers. Michael Hudson joins Paul Jay on theAnalysis.news.
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