Cold Truth: The Texas Freeze is a Catastrophe of the Free Market – James K. Galbraith
Texas’s electricity market “reforms” made the current crisis inevitable
Economy & Work
Workers and Communities vs Amazon
A Detroit community demands a new Amazon warehouse meet job and environmental guarantees; Amazon workers in Alabama fighting to unionize. Community activists and union organizers Tonya Myers and Frank Hammer on theAnalysis.news
Finance is Building the Architecture of their Own Rules – Robert Johnson on RAI (pt 3/8)
This is an episode of Reality Asserts Itself, produced on June 10, 2014. On Reality Asserts Itself, Mr. Johnson says the scale of the political investment of finance – six, seven hundred million dollars – is overwhelming. With the political power of finance, do we still have a democracy?
Polarization, Then a Crash: Michael Hudson on the Rentier Economy
Allied with landlords and monopolists, the finance sector is extracting economic rents from the economy that’s impoverishing US government, industry and labor says Michael Hudson discussing the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Democrats Stuck Between “BlackRock and a Hard Place” – Rana Foroohar and Mark Blyth
Democrats are caught in structural hypocrisy as they juggle the interests of Wall. St, workers, the right-wing and the progressive wing of the party. Rana Foroohar and Mark Blyth join Paul Jay on theAnalysis.news podcast.
Peoples’ Lives vs. Profits of Pharmaceutical Monopolies – GPE Newsdocs
The governments of India and South-Africa backed by about 100 countries and counting are calling for a waiver on patents over COVID-19 related medicines and equipment. Headquarter countries of Big Pharma are opposing it. The debate is going on at the WTO and will be decided soon.
What is to be Done to Save the Planet – Robert Pollin
Robert Pollin and Noam Chomsky’s new book is titled, The Climate Crisis and the Global Green New Deal: The Political Economy of Saving the Planet. In this segment, Bob lays out the policies that must be enacted in order to meet the targets set by the IPCC. Bob Pollin joins Paul Jay on theAnalysis.news podcast.
Financialization and Deindustrialization – Michael Hudson
Trump’s economic policies have not addressed the fundamental forces that have gutted industrial jobs under the administrations of both parties, says economist Michael Hudson on theAnalysis.news podcast with Paul Jay.
40% of Profits Buys A Lot of Politicians – Costas Lapavitsas on Reality Asserts Itself (pt 6/8)
This interview was originally published on May 28, 2014. Mr. Lapavitsas says that during the financial crisis the power of the state was mobilized to save finance.
Reaganomics Was Crazy – Robert Johnson on Reality Asserts Itself (pt 2/8)
This is an episode of Reality Asserts Itself, produced on June 9, 2014. Mr. Johnson says the idea that you were going to cut taxes massively and this was going to lead to a growth in revenue and close the deficit was silly.
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