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Big oil, coal and parasitical private equity corps highly favored Trump and the GOP in 2020 – and likely will again. Thomas Ferguson joins Paul Jay on theAnalysis.news.
The Fight Against UAW Leadership and GM – Frank Hammer on Reality Asserts Itself (pt 2/4)
This interview was originally published on October 7, 2013. In this episode, Frank Hammer tells Paul Jay about being inspired by the national liberation movements and the struggle against concessions as a response to the outsourcing of jobs.
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.
Why Biden Won’t Cancel Student Debt – Michael Hudson
Why is the Fed buying corporate junk bonds and debt but won’t buy out student debt? Michael Hudson on theAnalysis.news with Paul Jay.
FDR’s Wartime Strategies Can Power a Just Transition Now – Martin Hart-Landsberg Pt. 2/2
In part two, economist Martin Hart-Landsberg underscores the importance of planning for a just transition and transformation of socio-economic relations. Hart-Landsberg examines FDR’s Defense Production Corporation and War Production Board which were established to coordinate the U.S. economy’s rapid conversion from civilian to military production. The entrepreneurial class largely opposed these changes, fearing cuts to their bottom line. Yet FDR’s government, through experimentation with different strategies, was able to successfully allocate resources towards wartime production and negotiate enough procurement contracts to drive the conversion. Hart-Landsberg’s historical analysis of the successes and challenges of FDR’s WWII production model lends important insights for solidaristic organizing and eco-socialist activism.
Is China’s Trade Predatory or for Mutual Benefit? – Hudson and Bond pt 2/2
Is China’s Belt and Road initiative a socialist or capitalist approach to trade? Michael Hudson and Patrick Bond discuss and debate on theAnalysis.news with Paul Jay