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
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.
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.
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.
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!
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.
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.
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.
Mr. Flassbeck, former head of UNCTAD, says current economic policy is heading back to the 1930s, a race to the bottom, they have no solution at all, we will end up again in trade wars or other wars. This is an episode of Reality Asserts Itself, produced July 29, 2014, with Paul Jay.
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