On Reality Asserts Itself, Ms. Foroohar says the legalization of stock buybacks in 1982 allowed companies like Apple to now spend only 15% of their investments on R&D, while the majority is spent on market manipulation; the Financial Times columnist and author of “Makers and Takers” said the move from traditional pensions to 401k’s makes everyone feel they benefit from finance when the vast majority of profits go to the elites and most people’s living standards deteriorate – with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.
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.
On Reality Asserts Itself, Tom Frank says in the world of the wealthy, liberalism is something you do to offset your rapacious behavior in other spheres – with host Paul Jay. This episode was produced on January 2, 2018.
Bill Clinton accomplished a Republican agenda and Obama allowed the Tea Party to steal the economic populist moment, says Thomas Frank on Reality Asserts Itself with Paul Jay; Frank is the author of “What’s the Matter with Kansas” and “Listen, Liberal”. This episode was published on September 10, 2017.
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.
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.
On RAI with Paul Jay, Chris Hedges discusses the psychology of the super-rich; their sense of entitlement, the dehumanization of workers, and mistaken belief that their wealth will insulate them from the coming storms. This episode was published on December 5, 2013.
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