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The Necessity for Higher Wages – Heiner Flassbeck on RAI Pt 4/5
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.
Workers and Communities vs Amazon
A Detroit community demands a new Amazon warehouse meet job and environmental guarantees; Amazon workers in Alabama fighting to unionize. Community activists and union organizers Tonya Myers and Frank Hammer on theAnalysis.news
Bill Black pt 1/9 – The Best Way to Rob a Bank Is to Own One
Bill Black traces the history of modern American financial fraud starting in this episode with the S&L Banking scandal. Bankers continue to loot their banks, customers, and society to this day. Part 1/9, on theAnalysis.news with Paul Jay.
The U.S. Dollar and the Search for a Reasonable Capitalist – Heiner Flassbeck on RAI Pt 3/5
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.
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.