Economy & Work

Imperialism Then and Now: Drain of Wealth, Depression, Role of the State and Globalization-Pt 2/3

Imperialism Then and Now: Drain of Wealth, Depression, Role of the State and Globalization-Pt 2/3

ByLynn Fries

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 explains how the colonial system led to depression. Then, in advanced countries governments stepped in to increase demand and productivity, but how unless the periphery is available for extraction of wealth and cheap provision of inputs the system would collapse. So, the Global South was absorbed by a globalization process where finance becomes predominant, income deflation is widespread and governments everywhere are turned into the servants of financialization.

Hopkins Trained Doctor Fights Hopkins Expansion Plans in Baltimore – Marisela Gomez on RAI (pt 1/4)
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Hopkins Trained Doctor Fights Hopkins Expansion Plans in Baltimore – Marisela Gomez on RAI (pt 1/4)

ByPaul Jay

This is an episode of Reality Asserts Itself, produced on January 8, 2014. On Reality Asserts Itself with Paul Jay, Marisela Gomez, a doctor, and community activist, says one can’t arrive in the Hopkins community and not see the huge disparity between this institution and surrounding it, a community that’s been completely disinvested and abandoned.

Why Autoworkers Care About Climate Change – Frank Hammer on Reality Asserts Itself (pt 4/4)
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Why Autoworkers Care About Climate Change – Frank Hammer on Reality Asserts Itself (pt 4/4)

ByPaul Jay

This interview was originally published on October 11, 2013. In the final segment of this Reality Asserts Itself with Paul Jay, Frank Hammer says all workers should face up to the dangers of climate change and insist that we move toward a green economy.

Why I Became a Working Class Organizer – Frank Hammer on Reality Asserts Itself (pt 1/4)
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Why I Became a Working Class Organizer – Frank Hammer on Reality Asserts Itself (pt 1/4)

ByPaul Jay

This interview was originally published on October 7, 2013. On Reality Asserts Itself with Paul Jay, retired UAW Local President Frank Hammer tells the story of his radicalization in the movement against the Vietnam War and turning his back on a professional career to take up working class activism.

How We Broke the Bank of England – Robert Johnson on Reality Asserts Itself (pt 4/8)
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How We Broke the Bank of England – Robert Johnson on Reality Asserts Itself (pt 4/8)

ByPaul Jay

This is an episode of Reality Asserts Itself, produced on June 12, 2014. Mr. Johnson says, “I used to tell my dad, if I’m fortunate enough to see St. Peter and get through the gate, I’m not going to get in because I helped knock off the British pound”.

To Get Us Out of Poverty, We Need a Massive Infrastructure Plan – Ann Morrison / Wisconsin
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To Get Us Out of Poverty, We Need a Massive Infrastructure Plan – Ann Morrison / Wisconsin

ByPaul Jay

In a report from rural Wisconsin, Ann Morrison says she and her neighbours are suffering from decades of neglect as the local economy has been wrecked by neoliberal polices from both major parties. She calls for an FDR style New Deal and to stop blaming the poor for poverty.

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