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Inflation Control and Curbing Workers’ Power in the Neoliberal Era – Bob Pollin Pt. 1/2
Following the inflationary period of the Covid-19 pandemic, inflation is largely down and currently at 2.1% in the U.S. Bob Pollin, economist, and Co-Director at the Political Economy Research Institute (PERI), explains the causes of inflation, including demand-side and supply-side factors. He illustrates how the economic models used to tackle inflation are essentially tools to chip away at workers’ bargaining power. Pollin recounts the history of policies of inflation control, tracing their development to the era of globalization and neoliberalism championed by former U.S. President Bill Clinton and former chairman of the U.S. Federal Reserve Alan Greenspan.
Bill Black pt 9/9 â The Best Way to Rob a Bank is to Own One
The final segment of our series with Bill Black on modern American financial fraud.
Bidenâs Bill has Significant Funding for Climate but 10% of What’s Needed – Bob Pollin
The so-called âInflation Reduction Actâ will have a positive affect on the climate crisis, but it does not phase out fossil fuel and is far from whatâs needed. Big industrial states like New York and California can and must go much further. Bob Pollin on theAnalysis.news with Paul Jay.
Should the Left Vote for the Enemy? – Adolph Reed part 1/2
Adolph Reed argues that the left should vote for Biden in the coming presidential elections, even though Corporate Democrats defend the underlying system, Trump and the forces that back him represent a more overt form of fascistization.
Wealth Supremacy vs. The Democratic Economy with Marjorie Kelly
Renowned social theorist, systems thinker, and organizer, Marjorie Kelly, gives an early look at her new book: Wealth Supremacy. Speaking with Colin Bruce Anthes, she details the entrenched ways our current system is built around myths that make giving more wealth to the already wealthy seem necessaryâ even when we try to use our institutions for the common good. Kelly contrasts this with an outnumbered but successful democratic economy with many forms of democratized ownership and participation: public utilities, employee-owned companies, community land trusts, cooperatives, and more. We can create an economy that works for everyone, she argues, but only if we systematically discredit the moral status of wealth supremacy and turn towards a democratic economy paradigm.
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.