Economy

Seeking Full Employment Without Falling Prey to Neoliberal Traps

Seeking Full Employment Without Falling Prey to Neoliberal Traps

William Mitchell exposes the many ideological maneuvers progressives need to confront in disputing the supremacy of profits over employment and people’s dignity. That goes for disciplining the state to appease foreign exchange markets, the problems with Basic Income proposals, and much more. Lynn Fries interviews William Mitchell on GPEnewsdocs.

Global Upheaval Undermining Food Security – Matin Qaim

Global Upheaval Undermining Food Security – Matin Qaim

Matin Qaim, Director of the Center for Development Research at the University of Bonn, examines the various aspects comprising food security, namely local and global supply chains, the generation of income for local farmers, investments in the production of nutritious foods, as well as accounting for climate externalities. Attaining food security has become even more difficult given the disruptions around the pandemic, rising inflation, and the failed Black Sea grain deal. He asserts that small-scale farming and agroecological approaches are not necessarily low-tech and that certain technologies, if applied correctly, can assist smallholder farmers.

Non-Aligned Movement +G77 (Group of Developing Countries) versus G7+NATO+OECD+World Economic Forum
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Non-Aligned Movement +G77 (Group of Developing Countries) versus G7+NATO+OECD+World Economic Forum

Jomo K.S. warns U.S. policies are driving the world towards war and depression, leaving developing countries with a strong vested interest to reconvene a new non-aligned movement and strengthen democratic institutions of global governance. Lynn Fries interviews Jomo K.S. on GPEnewsdocs.

Part 2: Debt and the Collapse of Antiquity – Michael Hudson
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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.

Debt and the Collapse of Antiquity – Michael Hudson (pt 1/2)
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Debt and the Collapse of Antiquity – Michael Hudson (pt 1/2)

We get a first look at the new book by renowned political economist Michael Hudson on the age-old battle between creditors and the real economy. Ancient Rome refused to adopt the practices of debt forgiveness and land redistribution previously understood to be essential. Instead, they instituted a rigid pro-creditor legal system, assassinating anyone who remotely threatened it–including Tiberius Gracchus, Julius Caesar, and Jesus. The empire devolved into a rentier economy, ultimately collapsing from within. Today’s neoliberal establishment increasingly defends this failed state framework, even as the same disastrous dynamics intensify.

Exposing Apocalyptic Economics with Steve Keen
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Exposing Apocalyptic Economics with Steve Keen

Steve Keen has been exposing the ways mainstream neoclassical economists—including winners of the so-called Nobel Prize in Economics— have been arriving at their absurdly optimistic numbers regarding climate change, and they’re terrifying. In this interview with Colin Bruce Anthes, Keen goes through prevalent examples in detail and argues that these numbers and the methods behind them must simply be thrown in the garbage.

Time to Buy Out Fossil Fuel Corporations – Gar Alperovitz on Reality Asserts Itself (pt 1/2)
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Time to Buy Out Fossil Fuel Corporations – Gar Alperovitz on Reality Asserts Itself (pt 1/2)

This interview was originally released on April 28, 2017. The Next System Project’s Gar Alperovitz tells Paul Jay that the Federal Reserve should use quantitive easing, i.e. create money, to take Big Oil companies out of the equation and finance a massive green infrastructure program.

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