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Part 2: Debt and the Collapse of Antiquity – Michael Hudson
In part two, Michael Hudson discusses his new book “The Collapse of Antiquity.” Hudson challenges the traditional beliefs about the fall of the Roman Empire, arguing that it was caused by a financial crisis brought on by excessive debt, wealth inequality, and the concentration of economic power. Hudson draws parallels to modern-day economies and highlights the dangers of financialization and wealth concentration.
The Financialization of Big Business – Costas Lapavitsas on Reality Asserts Itself (pt 4/8)
This interview was originally published on May 25, 2014. Mr. Lapavitsas says that capitalists have learned how to make huge profits without producing anything useful.
Paul Jay and Freddie deBoer Discuss Independent Media, Censorship, and Hate Speech Laws
A discussion about independent media and ownership, censorship, self-censorship in media and a discussion about hate speech laws.
Rising Interest Rates Intended to Create Unemployment – Bob Pollin
Central banks are raising interest rates to create more desperation amongst workers and weaken their bargaining power. Bob Pollin joins Paul Jay on theAnalysis.news.Â
No Bosses: A New Economy for a Better World (pt 1/3)
Long-time activist and author Michael Albert outlines his vision for a post-capitalist and classless economic system, known as participatory economics and based on his most recent book, No Bosses (Zer0 Books, 2021). In this first part, Paul Jay and Michael Albert talk about the importance of economic vision and the rationale behind re-organizing the workplace on the basis of self-management and a non-corporate division of labor.
Is Financialization Necessary for a Modern Economy – Costas Lapavitsas on RAI (pt 5/8)
This interview was originally published on May 27, 2014. On Reality Asserts Itself, Mr. Lapavitsas says modern capitalism requires financialization, but productive growth in the interests of the majority of people does not.