Capitalism

Capitalism Will Hit the Wall Again, Hard – Heiner Flassbeck on RAI Pt 5/5
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Capitalism Will Hit the Wall Again, Hard – Heiner Flassbeck on RAI Pt 5/5

Mr. Flassbeck says people must get politically engaged and find an alternative or we will face dictatorship because today’s capitalism is out of answers. This is an episode of Reality Asserts Itself, produced August 3, 2014, with Paul Jay.

The U.S. Dollar and the Search for a  Reasonable  Capitalist –  Heiner Flassbeck on RAI Pt 3/5
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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.

Racing to a Dead End  – Heiner Flassbeck on Reality Asserts Itself Pt 2/5
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Racing to a Dead End – Heiner Flassbeck on Reality Asserts Itself Pt 2/5

Mr. Flassbeck, former head of UNCTAD, says current economic policy is heading back to the 1930s, a race to the bottom, they have no solution at all, we will end up again in trade wars or other wars. This is an episode of Reality Asserts Itself, produced July 29, 2014, with Paul Jay.

The Rich Have an Escape Plan –  RAI with Rana Foroohar Pt 5/6
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The Rich Have an Escape Plan – RAI with Rana Foroohar Pt 5/6

On Reality Asserts Itself, Ms. Foroohar says many wealthy people understand that the climate crisis, deep recession, and war are real threats, but they believe “apres moi le deluge [after me comes the floods];” the Financial Times columnist and author of “Makers and Takers” said many of the rich have escape plans thinking “they can avoid the apocalypse” – with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.

The Rise of Finance and the Fall of American Business  – RAI with Rana Foroohar Pt 1/6
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The Rise of Finance and the Fall of American Business – RAI with Rana Foroohar Pt 1/6

On Reality Asserts Itself, Ms. Foroohar says financialization delivers stagnant wages, inequality, and economic crisis; the Financial Times columnist and author of “Makers and Takers” says the financial sector represents only 7 percent of the U.S. economy but takes around 25 percent of all corporate profit while creating only 4 percent of all jobs – with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.

From 9/11 to Mass Surveillance, The Man Who Knew Too Much  – Thomas Drake on RAI Pt 6/6
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From 9/11 to Mass Surveillance, The Man Who Knew Too Much – Thomas Drake on RAI Pt 6/6

On Reality Asserts Itself, Mr. Drake says that in the name of national security we are eating out the very heart of democracy; what will be left will be a garrison state. This is an episode of Reality Asserts Itself, produced August 7, 2015, with Paul Jay.

Imperialism Then and Now: Capital Relocation, Inequality, Encroachment and Protracted Crisis -Pt 3/3

Imperialism Then and Now: Capital Relocation, Inequality, Encroachment and Protracted Crisis -Pt 3/3

In a 3 Part series, Prabhat Patnaik discusses his read on the history of capitalism from colonialism into the present. Prabhat Patnaik shows that as capital is relocated, real wages do not rise, inequality widens, and global demand is suppressed. The system remains in protracted crisis, Keynesianism in the North alone is no solution. The struggle is everywhere.

Imperialism Then and Now: Drain of Wealth, Depression, Role of the State and Globalization-Pt 2/3

Imperialism Then and Now: Drain of Wealth, Depression, Role of the State and Globalization-Pt 2/3

Imperialism which existed in the colonial era persists to this day and the system cannot do without it. In a 3 Part series, Prabhat Patnaik discusses his read on the history of capitalism from colonialism into the present. Prabhat Patnaik explains how the colonial system led to depression. Then, in advanced countries governments stepped in to increase demand and productivity, but how unless the periphery is available for extraction of wealth and cheap provision of inputs the system would collapse. So, the Global South was absorbed by a globalization process where finance becomes predominant, income deflation is widespread and governments everywhere are turned into the servants of financialization.

Questioning the Underlying Structures of Property and Power is  Off the Table – Vijay Prashad Pt 2/4
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Questioning the Underlying Structures of Property and Power is Off the Table – Vijay Prashad Pt 2/4

In part two of Reality Asserts Itself, Paul Jay and Vijay Prashad discuss the limits imposed on questioning the roots of inequality and how those who own the majority of property set the terms for everyone else. This is an episode of Reality Asserts Itself, produced August 8, 2013, with Paul Jay.

The Promise and Limitations of Worker Co-ops – Gar Alperovitz on Reality Asserts Itself (pt 4/5)

The Promise and Limitations of Worker Co-ops – Gar Alperovitz on Reality Asserts Itself (pt 4/5)

This interview was originally released on January 27, 2014. Mr. Alperovitz tells Paul Jay that the experience of Spain’s Mondragon, the world’s largest workers’ co-op, shows that workers’ ownership can go to scale, but on their own co-ops will not transform society or the economy.

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