Economy & Work

Bill Black pt 4/9 – The Best Way to Rob a Bank is To Own One
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Bill Black pt 4/9 – The Best Way to Rob a Bank is To Own One

The weakness of regulations and resources to enforce accountability on the finance sector is by design. Regulators’ budgets have been gutted, and even weak laws made unenforceable. Unless individual bankers go to jail when they commit fraud, nothing will change. Bill Black on theAnalysis.news with Paul Jay.

Modest Inflation is Good for Workers – Bob Pollin

Modest Inflation is Good for Workers – Bob Pollin

Will a large infrastructure plan create inflation? If inflation is linked to higher wages, that’s not bad for workers, says Pollin. Large increases in inflation have been linked to higher oil prices which are unlikely. What’s missing from the Biden plan is it doesn’t sufficiently address a just transition for fossil fuel workers. Bob Pollin joins theAnalysis.news with Paul Jay.

Can You Destroy $20 Billion in Wealth Without Committing a Crime? – Bill Black
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Can You Destroy $20 Billion in Wealth Without Committing a Crime? – Bill Black

The U.S. SEC has opened an investigation into Archegos Capital’s Bill Hwang and trades that led to $20 billion in losses for his firm and perhaps billions more for various banks. What kind of perverted system allows such chaos? Bill Black on theAnalysis.news with Paul Jay.

Polarization, Then a Crash: Michael Hudson on the Rentier Economy
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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.

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