The Progressive: Recent Episodes
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A curated playlist of the best new podcasts on political economy and more. Powered by The Syllabus. (To see the articles, books, reports and videos that are also part of The Progressive, check out our site: the-syllabus.com)
Podcast: Big Technology Podcast (LS 51 · TOP 0.5% what is this?)
Episode: Trump, Tariffs, Trade War, And Technology — With Alan Deardorff
Pub date: 2024-11-04
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Alan Deardorff is a professor emeritus of international economics and public policy at the University of Michigan. He joins Big Technology Podcast for a special episode on the eve of election day to discuss the difference between Donald Trump and Kamala Harris on tariffs and international trade, and whether a trade war might harm U.S. tech companies. We also debate the merits of free trade, and whether it leaves people better off. Stay tuned for the second half where we talk about Apple, Amazon, and potential currency debasement.
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Questions? Feedback? Write to: bigtechnologypodcast@gmail.com
The podcast and artwork embedded on this page are from Alex Kantrowitz, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Taxcast (LS 37 · TOP 2% what is this?)
Episode: Three Big Wins
Pub date: 2024-10-31
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Campaigning for change can feel like banging your head against a brick wall sometimes, but change is coming. On the Taxcast this month host Naomi Fowler talks us through three big tax justice wins:
First, the draft UN convention - showing exactly why the United Nations is so much better and more democratic a place for the world to truly reform international tax rules.
Second, the Financial Action Task force has announced important changes which indicate a shift away from the colonial mindset that established a system that's not working because it fails to hold the really big offender nations to account.
And third, the Australian government seems to be holding its nerve against major lobbying pressure and is getting closer to implementing its world leading country by country reporting legislation, which is superior to the one the European Union uses and the OECD advocates. It'll cast light on the genuine activities of multinationals for other nations as well, so they can tax them more fairly too.
Featuring:
Alex Cobham and Florencia Lorenzo of the Tax Justice Network
Mark Zirnsak of Tax Justice Network Australia
Further reading:
Transcript of the show (some is automated) https://podcasts.taxjustice.net/wp-content/uploads/2024/10/Transcript_Taxcast_Oct_24.pdf
UN convention draft resolution https://undocs.org/A/C.2/79/L.8
FATF changes its grey listing criteria to further focus on risk https://www.fatf-gafi.org/en/publications/Fatfgeneral/FATF-grey-listing-criteria.html
Bahamas attorney general leads Global South's push for UN tax cooperation deal https://www.batimes.com.ar/news/world/bahamas-ag-leads-global-south-push-for-un-tax-cooperation-deal.phtml
Ten Truths about Tax Havens: Inclusion and the "Liberia" Problem https://brooklynworks.brooklaw.edu/faculty/1287/
Global civil society calls on Australian senators to hold firm and deliver corporate tax transparency https://taxjustice.net/press/global-civil-society-calls-on-australian-senators-to-hold-firm-and-deliver-corporate-tax-transparency/
Our website with further information is here: https://podcasts.taxjustice.net/production/taxcast/
The podcast and artwork embedded on this page are from Tax Justice Network, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Odd Lots (LS 62 · TOP 0.1% what is this?)
Episode: How Banks and Private Credit Became the Best of Frenemies
Pub date: 2024-10-24
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By now, everyone knows that private credit is a hot market. What's less known is that banks want in on it too. It's an odd state of affairs given that both these entities are in the business of making loans, so in theory they should be competing against each other. But instead we're seeing a bunch of deals, with more than a dozen big banks teaming up with private credit over the past year. So why are two seemingly natural competitors joining forces? And how much of an existential threat does private credit really pose for the banking industry? On this episode, we with speak with Huw van Steenis, vice-chair at Oliver Wyman and a long-time bank analyst at Morgan Stanley, about this new dynamic.
Read More:
The Macro Impact of the Private Credit Boom
The Black Hole of Private Credit
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Podcast: Pitchfork Economics with Nick Hanauer (LS 59 · TOP 0.5% what is this?)
Episode: Stop the Steal: Revisiting Private Equity’s Plan to Pillage America (with Brendan Ballou)
Pub date: 2024-10-15
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Private equity is looting America by exploiting vulnerable companies and extracting profits at the expense of workers, communities, and the broader economy. They've been buying up companies in every industry in the U.S. Economy and stripping them for parts. These massive firms have vast holdings across critical industries essential to the health and well-being of everyday people. Some recent examples include private equity's role in education, utilities, housing, and even in the healthcare sector, which led to the closure of hospitals and nursing homes, endangering public health. We thought it would be a good time to revisit this episode from 2023 with Brendan Ballou, a federal prosecutor and the author of Plunder: Private Equity’s Plan to Pillage America. In this episode, he explains how we can stop private equity’s plan to pillage America.
This episode originally aired on July 25, 2023.
Brendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division. Previously, he worked in private practice, and before that, in the National Security Division of the Justice Department, where he advised the White House on counterterrorism and other policies.
Twitter: @brendanballou
Further reading:
Plunder: Private Equity’s Plan to Pillage America
The Guardian - Slash and burn: is private equity out of control?
Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon, @NickHanauer, @civicaction
Instagram: @pitchforkeconomics
Threads: pitchforkeconomics
YouTube: @pitchforkeconomics
Substack: The Pitch
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Podcast: New Books in Critical Theory (LS 46 · TOP 1% what is this?)
Episode: Mary Bridges, "Dollars and Dominion: US Bankers and the Making of a Superpower" (Princeton UP, 2024)
Pub date: 2024-10-01
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There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century.
In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites.
Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad.
Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth.
Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information.
Related resources:
- Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson
- Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges
Author recommended reading:
- Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta
- The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder
Hosted by Meghan Cochran
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Podcast: Witness to Yesterday (The Champlain Society Podcast on Canadian History) (LS 34 · TOP 3% what is this?)
Episode: Being Neighbours: Cooperative Work and Rural Culture, 1830–1960
Pub date: 2024-09-19
Nicole O’Byrne talks to Catharine Anne Wilson about her book, Being Neighbours: Cooperative Work and Rural Culture, 1830–1960.Being Neighbours takes the reader into the heart of neighbourhood - the set of people near and surrounding the family - through an examination of work bees in southern Ontario from 1830 to 1960. The bee was a special event where people gathered to work on a neighbour’s farm like bees in a hive for a wide variety of purposes, including barn raising, logging, threshing, quilting, turkey plucking, and apple paring. Drawing on the diaries of over one hundred men and women, Catharine Wilson takes readers into families’ daily lives, the intricacies of their labour exchange, and their workways, feasts, and hospitality. Through the prism of the bee and a close reading of the diaries, she uncovers the subtle social politics of mutual dependency, the expectations neighbours had of each other, and their ways of managing conflict and crisis. This book adds to the literature on cooperative work that focuses on evaluating its economic efficiency and complicates histories of capitalism that place communal values at odds with market orientation.Catharine Anne Wilson, FRSC, is the Francis and Ruth Redelmeier Professor in Rural History at the University of Guelph and founder and director of the Rural Diary Archive website.Image Credit: McGill-Queen’s University Press If you like our work, please consider supporting it: bit.ly/support_WTY. Your support contributes to the Champlain Society’s mission of opening new windows to directly explore and experience Canada’s past.
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Podcast: I Take History With My Coffee
Episode: 54: From Fairs to Finance: The Evolution of Global Trade
Pub date: 2024-09-14
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Journey through centuries of economic evolution in this captivating exploration of global trade. We begin with Hans Holbein the Younger's portrait of Georg Giese, a 16th-century Hanseatic merchant, offering a window into the pivotal role of traders in shaping early modern commerce. From there, we trace the emergence of Europe's first world economy in the 11th-13th centuries, examining how city-states rose to prominence as hubs of extensive trading networks. Our voyage continues through the era of medieval fairs, crucial centers of international trade and finance, to the establishment of permanent exchanges that marked a shift towards more sophisticated economic structures.
Through case studies of Venice, Bruges, and Antwerp, we illustrate the dynamic nature of economic power and the factors contributing to the rise and fall of trade centers. We introduce Immanuel Wallerstein's world-systems theory to provide a framework for understanding these historical developments and their relevance to contemporary global economics. As we conclude, we reflect on how this rich history informs our navigation of today's complex, interconnected world economy, facing challenges of rapid technological change, environmental concerns, and shifting geopolitical power. Join us for this enlightening journey from bustling medieval marketplaces to the intricate web of modern capitalist systems.
Resources:
Portrait of Merchant Georg Giese by Hans Holbein the Younger, 1632
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Podcast website: https://www.podpage.com/i-take-history-with-my-coffee/
Visit my blog at itakehistory.com and also on Facebook at I Take History With My Coffee.
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Intro Music: Hayden Symphony #39
Outro Music: Vivaldi Concerto for Mandolin and Strings in D
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Podcast: Exploring Prosperity- Challenging Pessimism in the US
Episode: Podcast: The Invisible Hand Meets the Iron Fist: State Capitalism's Global Ascent
Pub date: 2024-09-13
The rise of State Capitalism represents a seismic shift in the global economic landscape. This phenomenon, characterized by increasing government ownership and influence over the private sector, has grown rapidly since 2000. Professor Adam Dixon, co-author of 'The Spectre of State Capitalism,' provides insights into this trend and its potential impact on human prosperity.
Thank you to our sponsor Truflation. Learn more about the real inflation rate at www.truflation.com.
State Capitalism has expanded dramatically across three key areas: - Sovereign Wealth Funds (SWFs) have grown sixfold, from 30 to 176, with assets increasing from $1 trillion to $12 trillion. - State-Owned Enterprises (SOEs) in the global top 500 companies have quadrupled, with assets growing 11X to $145 trillion. - Government intervention through industrial policies and tariffs has notably increased.
Dixon identifies four state capitalist impulses: productivist, absorptive, stabilizing, and disciplinary. While the immediate impact of State Capitalism seems limited, the long-term implications could be profound. Potential risks include market distortions, reduced innovation, and geopolitical implications. However, the impact varies across different forms of State Capitalism. SWFs typically pose lower risks, often focusing on returns and managed like traditional investors. SOEs present higher risks due to potential direct state influence. Industrial policies directly intervene in free market behavior for political objectives.
Get a free copy of The Spectre of State Capitalism here: https://academic.oup.com/book/57552
State Capitalism isn't inherently negative. It has played crucial roles in stabilizing economies during crises and fostering development. However, excessive state involvement could stifle the dynamism and efficiency of free markets. The manifestation of State Capitalism varies globally. Authoritarian countries like China have more direct and extensive state involvement, while democratic countries tend towards indirect forms.
The U.S., traditionally a free-market champion, is seeing increased state involvement and discussions about a national sovereign wealth fund. Looking ahead, State Capitalism's trajectory seems set to continue, driven by economic challenges, geopolitical competition, crisis responses, and technological change. However, its impact on human prosperity remains uncertain. Historically, economic prosperity has been marked by limited direct government intervention.
To safeguard prosperity, we must remain vigilant against excessive state intervention while recognizing its potential benefits. The key lies in striking a delicate balance between harnessing the potential of State Capitalism and preserving the core strengths of free markets that have driven human progress.
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Podcast: Macro N Cheese (LS 45 · TOP 1% what is this?)
Episode: The Conflict of Class, Democracy & Universal Basic Services with Tony from 1Dime
Pub date: 2024-08-31
Macro N Cheese brings you another twist. A couple of months ago, Steve appeared as a guest on 1Dime Radio in a two-part series that we’re now presenting as a single episode. Tony has been on our podcast several times, now Steve is on his turf. The result is a productive meeting of the minds. He and Steve both view the world through a Marxist lens, and they both agree Marxists need MMT.
The discussion goes into the American Revolution as they consider the possibility of democracy in a modern capitalist system. They examine bourgeois control over politics and economics. They look at the limitations of capitalism in meeting society’s vital problems and talk about the devastating effects of privatization. They compare a UBI to a program of universal basic services and agree there’s no contest.
Tony runs the YouTube channel "1Dime" and the podcast 1Dime Radio. On his main channel, 1Dime does video essays and mini-documentaries that involve the political economy, history, geopolitics, leftist theory, and various socio-political topics. 1Dime is known most for his videos involving MMT and Marxian thought, such as "The Problem With Taxing The Rich" and "Why Billionaires Prefer Democrats." Check out his YouTube channel, 1Dime and his podcast, 1Dime Radio, on Apple,Spotify, and most podcast platforms.
@1DimeOfficial on Twitter
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Podcast: Economics for Rebels (LS 24 · TOP 10% what is this?)
Episode: Degrowth – Ecological Economics – Post-development: Brothers or acquaintances? - Brototi Roy, Joshua Farley and Giorgos Kallis
Pub date: 2024-08-16
This live recording of the 3rd Season’s final episode is a plenary roundtable discussion at the 10th International Degrowth and 15th European Society for EcologicalEconomics Conference in Pontevedra with ecological economists Brototi Roy, Joshua Farley and Giorgos Kallis. The discussion revolves around how degrowth, ecological economics and post-development relate to each other, how they evolved and co-evolved and what distinguishes the three concepts and research fields.
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Podcast: Money on the Left (LS 40 · TOP 2% what is this?)
Episode: Money, Modernism & Inflation in The Great Gatsby
Pub date: 2024-08-09
Rob Hawkes (@robbhawkes) and Scott Ferguson (@videotroph) kick off a new Superstructure series about money, modernism, and inflation by revisiting F. Scott Fitzgerald’s widely-read novel, The Great Gatsby (1925).
In this first episode of the series, Rob and Scott complicate orthodox notions of inflation that treat economic crises past and present as mechanical results of excess money printing. They do so by reconsidering modernist art and literature’s fraught relations with notions of austerity and excess. While inflation has been associated, by modernist writers and scholars alike, with a crisis of faith in representation, Rob and Scott problematize reductive narratives that link economic, literary, and aesthetic exuberance to the relativization and loss of all value, offering limitation and privation as the only routes to sustainable creativity. Such narratives, they argue, not only mischaracterize the generativity of modernist experimentation, but also dangerously undermine modernism’s transformative challenges to unjust social orders, including hierarchies of race, class, gender and sexuality.
Working out a heterodox alternative, Rob and Scott turn to Fitzgerald’s The Great Gatsby, well-known for holding the exuberance of the jazz age and the relativising effects of its cubist narrative in tension with the deflationary impacts of the various crashes the novel thematizes and attempts to contain. In the past, scholars and critics have interpreted Gatsby as a cautionary tale, one that apparently warns against the extravagances of the Roaring Twenties and even foretells the coming Wall Street crash of 1929 and ensuing Great Depression. In Rob and Scott’s account, by contrast, Fritzgerald’s text unleashes rich experimental energies that point beyond the rigid austerity/excess binary through which it is frequently framed. They acknowledge how the book’s preoccupation with private persons and desires can abet “monetary silencing,” Jakob Feinig’s term for the repression of monetary knowledge and participation. At the same time, however, Rob and Scott contend that the way Gatsby implicitly connects credit issuance to social critique and creativity harbors urgent lessons for contemporary debates about money, inflation and culture.
Stay tuned for the second installment in this series.
Music: "Yum" from "This Would Be Funny If It Were Happening to Anyone but Me" EP by flirting.
flirtingfullstop.bandcamp.com/
Twitter: @actualflirting
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Podcast: Upstream (LS 60 · TOP 0.1% what is this?)
Episode: Walter Rodney, Marxism, and Underdevelopment with D. Musa Springer & Charisse Burden-Stelly
Pub date: 2024-07-30
Pan-African Marxist, underdevelopment theorist, guerrilla intellectual, father, husband, radical—these are all terms that we could use to describe Walter Rodney. You may know him from his classic text, How Europe Underdeveloped Africa, you may know that he was assassinated at the age of 38 for his activism, or you may not know who he was at all—either way, his ideas and his influence have most likely reached you, if not directly, then indirectly, through the waves and ripples that his life and work created in the many intersecting liberation movements throughout the planet.
Described by some as decolonial Marxism, by others as Pan-African Marxism, or just as a continuation of Marxist theory as applied to the African continent and the African diaspora, Rodney’s work has been monumental in advancing and applying scientific socialism to updated physical and temporal regions which were not covered extensively until Rodney. His theories on underdevelopment as part of global capitalism opened up new spaces for theorizing and understanding imperialism, colonialism, and neocolonialism. His work in academia was imbued with a radical, guerrilla, fervor which resulted in institutions and states taking great measures to silence him, and the impact that he had was so monumental that he was tragically assassinated in his home country of Guyana almost 45 years ago.
We’ve been exploring many ideas on the show recently that are founded on much of Walter Rodney’s work, and so an episode on his life and work are past-due. And we have brought on two guests who we could not be more excited to be having this conversation with.
D. Musa Springer is a cultural worker, community organizer, and journalist based in Georgia. They are the International Youth Representative for Cuba's Red Barrial Afrodescendiente and an organizer with The Black Alliance for Peace. They produced the documentary “Parchman Prison: Pain & Protest (2020),” and are the host of the Groundings podcast. They are currently working on a documentary project titled “Y Mis Negros Que?”, and their book Alive & Paranoid was published in Spring, 2024 by Iskra Books.
Charisse Burden-Stelly is Associate Professor of African American studies at Wayne State University, a member of The Black Alliance for Peace and Community Movement Builders, and author of Black Scare / Red Scare: Theorizing Capitalist Racism in the United States, published by the University of Chicago Press. You may remember that Charisse was on the show last year to talk about Black Scare / Red Scare.
In this conversation, we introduce Walter Rodney biographically before we dive into his work applying scientific socialism to Africa, theorizing underdevelopment and capitalism as a world system, applying his work to events happening in the world right now in places like Palestine and Cuba, what Rodney had to say about education and academia, and much, much more.
Further resources:
- Charisse Burden-Stelly
- Black Scare / Red Scare: Theorizing Capitalist Racism in the United States, by Charisse Burden-Stelly
- Alive and Paranoid, by D. Musa Springer
- The Walter Rodney Foundation
Related episodes:
- Upstream: Black Scare / Red Scare with Charisse Burden-Stelly
- Upstream: [UNLOCKED] How the North Plunders the South w/ Jason Hickel
Intermission music: "A Song for Walter Rodney" by Bocaflojay
Cover artwork: B. Mure
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Podcast: Ones and Tooze (LS 49 · TOP 0.5% what is this?)
Episode: Biden’s Economic Legacy
Pub date: 2024-07-26
Joe Biden still has six months left in his presidency, but it’s not too early to size up his economic legacy. Adam and Cameron dig in.
And here's an announcement: Adam and Cameron will be recording a live show in Washington, D.C., on Sept. 17 at the historic Sixth & I building. Follow the link below for tickets. Don’t wait! Other Ones & Tooze live shows have sold out quickly.
https://www.eventbrite.com/e/foreign-policys-ones-and-tooze-live-tickets-949344052617?aff=oddtdtcreator
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The podcast and artwork embedded on this page are from Foreign Policy, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Forward Guidance (LS 48 · TOP 1% what is this?)
Episode: China Is Exporting Unemployment | Michael Pettis on Global Trade Imbalances, American Capital Controls, and the End of The Chinese Growth Miracle
Pub date: 2024-07-18
Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.
Follow Michael Pettis on Twitter https://x.com/michaelxpettis
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Recent writings by Michael Pettis:
“Which Country Should Design U.S. Industrial Policy?”: https://carnegieendowment.org/china-financial-markets/2024/07/which-country-should-design-us-industrial-policy?lang=en
“Trade and the Manufacturing Share”: https://www.phenomenalworld.org/analysis/trade-and-the-manufacturing-share/
“Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace”: https://www.amazon.com/Trade-Wars-Are-Class-International/dp/0300244177
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Timestamps:
(00:00) Introduction
(01:18) The Problem With China's Investment-Driven Growth Model
(09:52) Why Increasing China's Consumption Is So Hard
(17:36) China's Plan To Reignite Economic Growth In China
(20:43) Why China Will Follow Similar Path To Japan In Its Economic Decline In 1990s
(24:03) Impact That Trade Surplus Countries (China, Germany, etc.) Have on Trade Deficit Countries (U.S., U.K., etc.)
(28:06) VanEck Ad
(28:46) Interview Continues
(36:59) The Fall of The "Trade Is Always Good" Consensus Among Economists
(49:58) Permissionless Ad
(50:57) Is China "Cheating At Trade"?
(57:19) The Three Things The U.S. Can Do To Respond To Its Role As "Global Consumer Of Last Resort"
(01:01:53) Why U.S. Capital Controls Are Necessary To Truly Fix The American Trade Deficit
(01:06:35) Both Trump and Biden Factions Are Determined To Resolve U.S.' Trade Imbalances
(01:08:36) China's Move From Real Estate To Manufacturing Is Exacerbating Its Trade Surplus With The Rest Of The World
(01:14:53) Chinese Real Estate Crisis Unlikely To Imperil The Chinese Banking System, Argues Pettis (Because The Government Is In Control)
(01:18:58) What About The Chinese Shadow Banking System?
(01:21:13) How Pettis Sees This All Playing Out
(01:25:09) How Falling Real Estate Prices (And Stock Markets) Impact Sentiment In China
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
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Podcast: New Books in Economic and Business History (LS 30 · TOP 5% what is this?)
Episode: Jonathan Connolly, "Worthy of Freedom: Indenture and Free Labor in the Era of Emancipation" (U Chicago Press, 2024)
Pub date: 2024-07-13
In Worthy of Freedom: Indenture and Free Labor in the Era of Emancipation (University of Chicago Press, 2024), Jonathan Connolly traces the normalization of indenture from its controversial beginnings to its widespread adoption across the British Empire during the nineteenth century. Initially viewed as a covert revival of slavery, indenture caused a scandal in Britain and India. But over time, economic conflict in the colonies altered public perceptions of indenture, now increasingly viewed as a legitimate form of free labor and a means of preserving the promise of abolition. Connolly explains how the large-scale, state-sponsored migration of Indian subjects to work on sugar plantations across Mauritius, British Guiana, and Trinidad transformed both the notion of post-slavery free labor and the political economy of emancipation. Excavating legal and public debates and tracing practical applications of the law, Connolly carefully reconstructs how the categories of free and unfree labor were made and remade to suit the interests of capital and empire, showing that emancipation was not simply a triumphal event but, rather, a deeply contested process. In so doing, he advances an original interpretation of how indenture changed the meaning of “freedom” in a post-abolition world.
Jonathan Connolly is Assistant Professor of History at the University of Illinois Chicago. Connolly is a historian of the British empire with transnational interests in migration, the history of emancipation, and legal history. His research primarily concerns abolition and emancipation, imperial political and legal culture, and the category of free labor in the Caribbean and the Indian Ocean.
Your host for this episode is Mahishan Gnanaseharan, a PhD student in the Department of History at Stanford University. Mahishan studies the social, political, and intellectual histories of South Asian migrants across the Indian Ocean during the 19th and 20th centuries.
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Podcast: Ones and Tooze (LS 49 · TOP 0.5% what is this?)
Episode: Lessons from the Weimer Republic
Pub date: 2024-07-05
As the US Presidential election draws closer hosts Cameron Abadi and Adam Tooze look at how the current climate of elevated inflation and economic discontent translates into political instability. They focus their attention by comparing these times to Weimer Germany, an era that last between World War I and the rise of the Nazi dictatorship. That brief democratic period also famously had high inflation and eventually collapsed into outright dictatorship. In this episode the two dig into the economics of Weimar Germany and consider where exactly the analogy with the United States lines up and where it doesn't.
Special thanks to listener Nick Page for the idea for this episode.
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Podcast: All Things Policy (LS 38 · TOP 2% what is this?)
Episode: Trade and Climate Change
Pub date: 2024-06-28
Climate change is increasingly at the forefront of domestic and international policy priorities, and solutions are urgently needed. The expansion of global trade and the increasing integration of global value chains raise questions about how trade and the environment interact with each other and what are the ways in which one can harness the benefits of trade with minimum impact on the environment. In this episode of All Things Policy, Rohan Pai and Anisree Suresh analyses how trade openness can be a solution to emerging environmental concerns
All Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru. Find out more on our research and other work here: https://takshashila.org.in/
Check out our public policy courses here: https://school.takshashila.org.in/
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Podcast: New Books in Public Policy (LS 33 · TOP 5% what is this?)
Episode: Daniel Scott Souleles et al., "People before Markets: An Alternative Casebook" (Cambridge UP, 2022)
Pub date: 2024-06-16
People before Markets:: An Alternative Casebook(Cambridge UP, 2022) presents twenty comparative case studies of important global questions, such as 'Where should our food come from?' 'What should we do about climate change?' and 'Where should innovation come from?' A variety of solutions are proposed and compared, including market-based, economic, and neoliberal approaches, as well as those determined by humane values and ethical and socially responsible perspectives. Drawing on original research, its chapters show that more responsible solutions are very often both more effective and better aligned with human values. Providing an important counterpoint to the standard capitalist thinking propounded in business school education, People Before Markets reveals the problematic assumptions of incumbent frameworks for solving global problems and inspires the next generation of business and social science students to pursue more effective and human-centered solutions.
Robin Steiner is an economic anthropologist based in Miami, FL. His published work explores economic development, labor, and citizenship in Oman and the Arab Gulf. He teaches in the Department of Global and Sociocultural Studies at Florida International University. Robin can be reached at rsteiner@fiu.edu.
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Podcast: Voices: The EISA Podcast
Episode: What is...Dependency Theory?
Pub date: 2024-06-14
Episode 26Dependency Theory provides a crucial framework for understanding the persistent inequalities shaping our global society which extend beyond borders, influence global conflicts, financial systems, and work at the intersections of gendered and racialised oppression. In this episode, Dr Felipe Antunes de Oliveira (Queen Mary University of London) is in conversation with host Judith Koch (University of Sussex) to discuss Dependency Theory which is rooted in Latin American thought. Felipe's unique dual perspective as a scholar of Latin American Political Economy and International Relations Theory on the one hand, and as a career diplomat on the other hand deeply informs his critical approach to development discourses. Felipe worked at the Department of South American Politics of the Brazilian Ministry of External Relations from 2012 until 2014, he acted as advisor to the Brazilian Executive Director at the IMF from 2019 to 2020, and is currently on a secondment to the Brazilian Ministry of Finance working as Coordinator General of International Economic Cooperation. His latest book, "Dependency and Crisis in Brazil and Argentina: A Critique of Market and State Utopias" (2024, University of Pittsburgh Press) proposes a way to overcome the problematic binary distinction between development and underdevelopment. Join us for a thought-provoking conversation!
Antunes de Oliveira, Felipe (2024). Dependency and Crisis in Brazil and Argentina. A Critique of Market and State Utopias. Pittsburg, University of Pittsburgh Press.
Antunes de Oliveira, Felipe & Kvangraven, Ingrid H. (2023). Back to Dakar: Decolonizing international political economy through dependency theory. Review of International Political Economy, 30(5), 1676–1700. https://doi.org/10.1080/09692290.2023.2169322
Reis, Nadine, & Antunes de Oliveira, Felipe (2021). Peripheral financialization and the transformation of dependency: a view from Latin America. Review of International Political Economy, 30(2), 511–534. https://doi.org/10.1080/09692290.2021.2013290
Antunes de Oliveira, F. (2020). Development for whom? Beyond the developed/underdeveloped dichotomy. J Int Relat Dev 23, 924–946. https://doi.org/10.1057/s41268-019-00173-9
Fajardo, M. 2021. The world that Latin America created: The United Nations economic commission for Latin America in the development era (Vol. 192). Harvard University Press.
Marini, Ruy Mauro (2022): The Dialectics of Dependency.edt. by Amanda Latimer and Jaime Osorio.Translated by Amanda Latimer. NY, Monthly Review Press.
Villegas Plá, B. (2023): Dependency theory meets feminist economics: a research agenda. Third World Quarterly, 1–18. https://doi.org/10.1080/01436597.2023.2292176
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Podcast: The Gig Economy Project
Episode: Why are gig workers paid per task?
Pub date: 2024-06-06
A Rebel's Guide to the Gig Economy is a series of podcasts by journalist Ben Wray and researcher Marini Thorne which gets behind the tech jargon and the CEO propaganda to examine the reality of work in the gig economy and look at how gig workers can challenge the power of their algorithmic bosses.
In this second episode, Ben and Marini look at the payment model in the gig economy, where workers are not paid for their whole time at work but only the time it takes to complete a task. They find that pay-per-task, which used to be known as 'piece wages', is a lever for lengthening the working day and lowering wages.
If you want to catch-up with episode 1 in the Rebel's Guide series, 'What is the Gig Economy?', click here.
Future episodes:
Ep 3: What is the algorithm?
Part 2: Myth busting the gig economy
Ep 4: Are gig workers really their own boss?
Ep 5: is gig work really flexible?
Ep 6: is the gig economy really "a godsend" for women?
Ep 7: is platform work good for ethnic minorities?
Part 3: Power and the gig economy
Ep 8: What makes platforms powerful
Ep 9: Why do platforms struggle to turn a profit?
Ep 10: Why should gig workers join a union?
Ep 11: How do gig workers get power over their data?
You can keep up-to-date with all future episodes on Spotify, Apple Podcasts or at BraveNewEurope.com/The-Gig-Economy-Project.
Follow us on Twitter or Instagram @Project_gig.
If you have any feedback on the Rebel's Guide series, email GEP@BraveNewEurope.com.
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Podcast: This is Democracy (LS 41 · TOP 1.5% what is this?)
Episode: This is Democracy – Episode 264: Free Trade and Peace
Pub date: 2024-05-29
This week, Jeremy and Zachary are joined by Dr. Marc-William Palen to discuss the concept of free trade and its’ associated political ideals. Zachary sets the scene with his poem entitled, “A World at Sail” Marc-William Palen is a historian at the University of Exeter. His new book, Pax Economica: Left-Wing Visions of a Free Trade […]
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Podcast: Radio Free Humanity: The Marxist-Humanist Podcast (LS 34 · TOP 3% what is this?)
Episode: RFH Ep 117 The Politics of Marx’s Capital—Interview with William Clare Roberts
Pub date: 2024-05-17
Gabriel and Andrew welcome William Clare Roberts, author of Marx's Inferno: The Political Theory of “Capital,” in which he reads the first volume of Capital as a work of political theory. They discuss differences between this and other ways of reading Capital, its engagement with Proudhonism and related non-Marxist tendencies on the left, Marx’s relation to the radical republican tradition, and the specificity of his concept of capitalist exploitation. They also discuss “Hell” imagery in radical literature, Will’s contention that “volume one of Capital must be taken as Marx’s last testament,” and more.Plus current-events segment: The situation in Rafah and the current state of the Hamas-Israel warSUMMER 2024 SCHEDULE: We intend to release new eps once a month, on the first Friday of the month. The next episode, Ep. 118 is slated for release on June 7. The regular schedule will resume with Ep. 121, slated for release on Sept. 6.Radio Free Humanity is a podcast covering news, politics and philosophy from a Marxist-Humanist perspective. It is co-hosted by Gabriel Donnelly and Andrew Kliman. We intend to release new episodes every two weeks.Radio Free Humanity is sponsored by MHI, but the views expressed by the hosts and guests of Radio Free Humanity are their own. They do not necessarily reflect the views and positions of MHI.
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Podcast: KPFA - Against the Grain (LS 46 · TOP 1% what is this?)
Episode: The Fall and Rise of U.S. Finance
Pub date: 2024-05-06
The banks and financiers are a common target of the left — and often the right — purportedly sucking the lifeblood out of the real industrial economy. Stephen Maher argues that while the financialization of the economy has intensified under neoliberalism, finance has played a central role in the growth of capitalism — and the disciplining of labor — from at least the Gilded Age. He discusses the recent rise of asset management companies Vanguard, State Street, and BlackRock, which have concentrated ownership at a level unprecedented in the history of capitalism.
Resources:
Scott Aquanno and Stephen Maher, The Fall and Rise of American Finance: From J.P. Morgan to Blackrock Verso, 2024
Photo credit: Lee De Cola
The post The Fall and Rise of U.S. Finance appeared first on KPFA.
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Podcast: Varn Vlog (LS 36 · TOP 2.5% what is this?)
Episode: Unearthing Eco-Socialism: Dr. John Bellamy Foster on Marxism, the Metabolic Rift, and a Sustainable Future
Pub date: 2024-04-29
Join the profound journey into the heart of eco-socialism with Dr. John Bellamy Foster, a guiding voice in the discourse on the environment and socioeconomic systems. Our thought-provoking conversation peels back the layers of the metabolic rift, a concept that reveals the tension between capitalism's exploitation of nature and the delicate ecological balance we must preserve. Dr. Foster, a luminary in the field, articulates the vision of Marx in a contemporary light, offering listeners a powerful understanding of how our societal structures clash with the planet's natural rhythms.
Today's episode navigates the often-misunderstood relationship between Marxism and our environment, exposing the historical schisms that have diverted Western Marxism from ecological considerations. With Dr. Foster's expertise, we confront the legacy of Stalin's Soviet Marxism and its impact on stifling ecological thought within the framework of Marxist theory. The conversation also touches on the relevance of the metabolic rift to current sustainability challenges and the profound alienation of our society from its ecological underpinnings, unraveling the complex interplay of economic, scientific, and ideological forces.
As we wrap up this compelling episode, the debate over sustainable development and degrowth takes center stage. We scrutinize the contrasting needs of nations at different stages of development, questioning the role of socialism in carving a path towards an ecological civilization. Dr. Foster's insights into China's environmental policies and the German Green Party's shifting emphasis provide a nuanced exploration of how countries are navigating the urgent call for environmental action. Armed with the wisdom shared today, listeners are equipped to consider the pressing question: how do we realign our economic systems with the planet's ecological imperatives for a sustainable future?
Support the Show.
Crew:
Host: C. Derick Varn
Audio Producer: Paul Channel Strip ( @aufhebenkultur )
Intro and Outro Music by Bitter Lake.
Intro Video Design: Jason Myles
Art Design: Corn and C. Derick Varn
Links and Social Media:
twitter: @skepoet
You can find the additional streams on Youtube
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Podcast: The Critical Social Worker: A Revolutionary Storytelling Podcast
Episode: Episode 51: Charting a New Path | Dissenting Social Work with Dr. Paul Michael Garrett
Pub date: 2024-04-22
In this thought-provoking episode of The Critical Social Worker: A Revolutionary Storytelling Podcast, Christian Ace engages in a profound conversation with Dr. Paul Michael Garrett about dissent and decolonization in social work. Recorded live from the heart of social work education in Galway, Ireland, the episode delves into critical themes shaping the future of the profession.
Dr. Paul Michael Garrett, a renowned social work educator and writer, brings his extensive expertise to the discussion, shedding light on the challenges and importance of dissent in a profession often at risk of falling into compliance. With a keen focus on decolonization, Dr. Garrett emphasizes the need to stretch reading lists, critically analyze canonical figures, and listen to the diverse experiences of students to promote dissenting social work.
Throughout the conversation, the concept of neoliberalism and its impact on social work practice emerges, highlighting the urgent need for collective action and solidarity among social workers. Dr. Garrett advocates for trade unions as crucial support systems for social workers engaged in dissent, underscoring the importance of building networks and alliances within the profession.
The episode also addresses the incorporation of decolonization into social work education, stressing the significance of learning from perspectives outside of Eurocentric frameworks. Dr. Garrett challenges social work educators to create more inclusive learning environments by embracing diverse voices and critically examining existing power structures.
As the conversation unfolds, the challenges of online education and the overprofessionalization of social work are explored, alongside the imperative of addressing the systemic issues of colonization and capitalism embedded within the profession. Dr. Garrett calls for critical activism and progressive responses to confront these challenges head-on, emphasizing the role of social work in promoting social justice and equity.
In conclusion, Episode 51 serves as a rallying cry for social workers to embrace dissent, decolonize their practice, and actively engage in transformative change. Through critical reflection and collective action, social work can fulfill its promise as a force for positive social transformation.
Join the conversation and explore the transformative power of dissent and decolonization in social work with Dr. Paul Michael Garrett.
Book Link: https://www.amazon.com/Dissenting-Social-Work-Critical-Resistance-ebook/dp/B08SXZ7XYQ/ref=sr_1_1?crid=BEG9X02MXG7&dib=eyJ2IjoiMSJ9.EQf4MCDEUfoIvzh2yD7TFh4R4hRBMMmf7Y86mNMesBvdaNgJWIPnIUPj6rTymQNei6nBVd_4DEt3XvwMcEe47-IxyMz3gSfy3ce9cTV2lVE0of3TVc9_ouTjSCGxKYuRUOuGZDqpUW1DmHKtf1axREa4zuWVliPMZXvTsX7tXrG_PKZwrA7oeN3oHIRWyfmGfKnCkaH7lLeHbvHjmKPmUSB4qiBh2_AtZ4iD8o5QERs.ZTXsYtMOcmCuHyuM1-KZyYfzV4EXxXrwnguPTMfUkjI&dib_tag=se&keywords=paul+michael+garrett&qid=1713826283&sprefix=paul+michael+garrett%2Caps%2C146&sr=8-1
Article Link: https://academic.oup.com/bjsw/advance-article/doi/10.1093/bjsw/bcae018/7615071article/doi/10.1093/bjsw/bcae018/7615071
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Podcast: The Verso Podcast (LS 44 · TOP 1% what is this?)
Episode: Climate Colonialism | Ann Pettifor & Hamza Hamouchene
Pub date: 2024-04-18
This week on The Verso Podcast we’ll be taking a close look at the political economy of climate breakdown. Along with our host, Eleanor Penny, Ann Pettifor and Hamza Hamouchene discuss climate justice, private equity, degrowth, and the false promise of techno-fixes.Grab Ann's Verso releases here: tinyurl.com/3n3nc6jnSign up to the Verso Book Club to get involved with our new Book Club Podcast: tinyurl.com/fda34bzb. All book club members will receive a regular email with links to submit questions to our authors which will be answered on the show.
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Podcast: Ceteris Never Paribus: The History of Economic Thought Podcast (LS 28 · TOP 10% what is this?)
Episode: Decolonising Development, Episode 41
Pub date: 2024-04-11
- Guests: Rahul A. Sirohi (Indian Institute of Technology Tirupati) and Sonya Surabhi Gupta (Jamia Milia Islamia)
- Host and Producer: Maria Bach (Walras Pareto Centre, University of Lausanne)
In this episode, I talk to professors Sirohi’s and Gupta’s book on development discourses from India and Latin America.
As mentioned in the episode, here is the poem translated at the beginning of the last chapter:
Problems of Underdevelopment
Monsieur Dupont calls you uncultured
because you cannot tell who was
Victor’s Hugo’s favourite grandson.
Herr Müller has started to scream
because you do not know (exactly)
the day that Bismarck died.
Your friend Mr. Smith
an Englishman or Yankee, I cannot tell,
becomes incensed when you write Shell.
(It seems you leave out an “l”
and, what’s more, you pronounce it chel.)
Okay, and what of it?
When it’s your turn,
make them say cacarajícara
and ask them where is the Aconcagua
and who was Sucré
and just where on this planet
did Martí die.
And please:
tell them to always speak to you in Spanish.Nicolás Guillén
Trans. by Rahul Sirohi and Sonya Surabhi Gupta
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Podcast: Money on the Left (LS 39 · TOP 2% what is this?)
Episode: Economic Democracy with Pavlina Tcherneva
Pub date: 2024-04-01
Money on the Left speaks with Pavlina Tcherneva, Professor of Economics at Bard College and leading scholar of–-and advocate for—Modern Monetary Theory (MMT). Many of our listeners will be familiar with Dr. Tcherneva's contributions to MMT, especially her book, The Case for a Job Guarantee (Polity Press, 2020). She is also Director of Open Society University Network’s Economic Democracy Initiative, instrumental to the publication of a United Nations report on the job guarantee, titled “The Employment Guarantee as a Tool in the Fight Against Poverty.” We speak with Pavlina about her work, and also get her perspective on the causes and conditions of MMT’s movement from the margins of economic discourse toward the mainstream of political economic thought.
Visit our Patreon page here: https://www.patreon.com/MoLsuperstructure
Music by Nahneen Kula: www.nahneenkula.com
The podcast and artwork embedded on this page are from Money on the Left, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Rhodes Center Podcast with Mark Blyth (LS 38 · TOP 2% what is this?)
Episode: How asset managers came to own everything and you failed to notice
Pub date: 2024-03-25
Listeners of the Rhodes Center Podcast have probably heard of companies like Black Rock, State Street and Vanguard. You’ve also probably heard how, through ETFs and other investment products, these types of investment firms own a staggering share of the world’s biggest companies (20-25% of the S&P 500 by some estimates).
But in this episode, you’ll hear about a whole other side of asset management; one that’s more opaque, and possibly much more influential (and corrosive) to our daily lives.
Brett Christophers is a geographer and professor at Uppsala University’s Institute for Housing and Urban Research, and author of the new book “Our Lives in Their Portfolios: Why Asset Managers Own the World.” In it, he explains how asset management companies like Blackstone and Macquarie Asset Management do more than passively own shares. Over the last few decades, they've begun to invest in and actively run a growing portion of our infrastructure and essential services: hospitals, care homes, water treatment plants, bridges and even parking meters.
On this episode, he talks with Mark Blyth about the economics of this new subspecies of asset management, and how they’ve begun to reshape our society, economy and planet in ways we don’t fully understand.
Learn about and purchase “Our Lives in Their Portfolios: Why Asset Managers Own the World”
Learn more about other podcasts from the Watson Institute at Brown University
Transcript coming soon to our website
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Podcast: The Lawfare Podcast (LS 68 · TOP 0.05% what is this?)
Episode: Weaponizing the Dollar with Saleha Mohsin
Pub date: 2024-03-20
Since World War II, the United States and its currency, the dollar, have come to play a central role in the broader global economy. And in recent decades, policymakers have used this role as a weapon, cutting off access to malign actors and punishing those who act contrary to U.S. national security interests. But cultivating such primacy has proven to be a double-edged sword, with more complicated ramifications for many Americans.
In her new book “Paper Soldiers: How the Weaponization of the Dollar Changed the World Order,” Bloomberg reporter Saleha Mohsin digs into the history of the dollar’s role in the global economy and what its increasing weaponization may mean moving forward. Lawfare Senior Editor Scott R. Anderson recently joined Mohsin to discuss her new book and what we should all know about the new economic and political moment we are living through.
Support this show http://supporter.acast.com/lawfare.
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Podcast: The Henry George School Podcast
Episode: 114. Rethinking Economics: Economics That Moves Beyond Humanity
Pub date: 2024-03-14
Rethinking Economics is all about questioning the core foundations of economics. This series questions economic orthodoxy to better understand the forces and shifts shaping our society and the world. Together, we’ll interrogate things like the efficacy of economic models, if mainstream assumptions are always correct, and why the ideas and concepts you learn about in textbooks may lead you astray.
For our inaugural discussion of the series, we will be talking to our returning guest, and one of my favorite economists, Dr. Steve Keen. Our talk was recorded in March of 2024, and is hosted by me, Nathan Greene, a researcher here at the Henry George School.
Many people, including myself, don’t fully understand monetary theory or monetary economics. Admittedly, it’s quite confusing. There are a lot of dynamics at play from banks, to households, money, and central banks, just to name a few. If you ever learned the terms money multiplier, monetary base, or reserve requirement ratio, but are not really sure what it means, you’re not alone.
Dr. Keen is an expert on the dynamics of monetary economics and macroeconomics. We’ll explore his critiques of the efficient market hypothesis to his more recent analyses of debt dynamics and financial instability. Together, we talked about the shortcomings of conventional economic thinking, and why it’s so damaging not just to the economy, but the planet as well. By questioning fundamental assumptions, he invites us to reconsider our approach to economic policy and reshape our vision of a more equitable and sustainable future. At a time when the world is largely ignoring calls to abandon fossil fuels and the green transition feels painstakingly slow, his ideas and critiques feel more important now than ever before.
Dr. Keen received his bachelor's degree from the University of Sydney and went on to complete his master's and Ph.D. in Economics and Economic History from the University of New South Wales. He is the author of several books on economics, of which the two most famous are "Debunking Economics" and "The New Economics: A Manifesto." Both critique conventional economic theory. We were even lucky enough to hear about his upcoming book, "Rebuilding Economics from the Top Down." Dr. Keen has taught at the University of Western Sydney and Kingston University in London. He is currently leading the development of a software package called Minsky, a dynamics-based visualization tool for macroeconomic modeling.
To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/
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Podcast: Money on the Left (LS 39 · TOP 2% what is this?)
Episode: The Alternative with Nick Romeo
Pub date: 2024-03-01
Scott Ferguson and Billy Saas speak with New Yorker writer Nick Romeo about his exciting new book, The Alternative: How to Build a Just Economy, released in January 2024 with Public Affairs. Romeo’s The Alternative rebukes Margaret Thatcher’s infamous axiom that “there is no alternative” to neoliberal capitalism. In doing so, the book inventories the most promising experiments in radical economic democracy underway across the world today. Such experiments include, but are not limited to: a publicly-owned and -run gig work platform in Long Beach, California; a True Price system in Amsterdam; a public budgeting project in Cascais, Portugal; and a public Job Guarantee in Gramatneusiedl, Austria. (See our previous episode on the Austrian Job Guarantee for a deeper dive into that topic) Taken together, these and other initiatives profiled in the book “share a vision of the economy as a place of moral action and accountability,” as Romeo puts it, while modeling the kind of radical political economic imagination that is so utterly and urgently needed to meet our dire ecological moment. For Romeo, then, it remains insufficient to simply deny Thatcher’s quip that there is no alternative. The crucial task is to actively imagine and create the alternative.
Visit our Patreon page here: https://www.patreon.com/MoLsuperstructure
Music by Nahneen Kula: www.nahneenkula.com
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Podcast: Macro N Cheese (LS 45 · TOP 1% what is this?)
Episode: Is Marx Still Relevant? with Steve Maher
Pub date: 2024-02-24
**To discuss this episode among friends, come to our listening party, Macro ‘n Chill, on Tuesday February 27th at 8pm ET/5pm PT. For the link go to our Events Calendar https://realprogressives.org/rp-events-calendar
“But fortunately for us, human nature is precisely the capacity to be creative; to imagine a different way of living together and to bring that into being through our conscious and deliberate actions by working together, by fighting for a different world against the class power that is interested in perpetuating things as they are. And so we can, through acting on the world to transform the world, we also transform ourselves. That's a basic principle of Marxist theory and Marxist politics. By acting on the world to change the world, we simultaneously transform ourselves through the act of struggle, to the act of building collective solidarity, we become different and we also make the world different.”
Steve invited Stephen Maher for this interview to talk about some of the basic lessons of Marxism. While you may not agree with everything you hear in this episode, certain fundamentals of capitalism are beyond refute.
The discussion explores the relationship between capital and the working class, and the concept of class struggle as the key to understanding US history of the past century, especially the postwar period and the development of neoliberalism. To truly make sense of it all we must look at some fundamental truths about capital. It is very fluid and dynamic. Capital is capable of continuously evolving and restructuring. In doing so, our social conditions change as well.
They also discuss the challenges and obstacles in achieving socialism, the history of anti-communist sentiment in the US, the importance of class struggle unionism, and the need for grassroots organizing and building solidarity within the working class.
Stephen Maher is an Assistant Professor of Economics at SUNY Cortland, and co-editor of The Socialist Register. He is the co-author of The Fall and Rise of American Finance: From J.P. Morgan to BlackRock with Scott Aquanno, and the author of Corporate Capitalism and the Integral State: General Electric and a Century of American Power.
@SteveMaher18 on Twitter
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Podcast: SystemShift
Episode: Nicholas Shaxson: Monopoly Money
Pub date: 2024-02-16
Nicholas Shaxson, author and expert on the global economic system, looks at the intricate web of global finance, exploring the unseen forces shaping our economies and societies and exposing the hidden impacts of tax deregulation and monopolistic market practices. From the United Kingdom's economic struggles to the pervasiveness of big tech firms, this episode unveils the hidden mechanisms of monopolistic power, particularly in the energy and financial sectors, and shows how their immense power affects everything from income inequality to climate action. Nicholas sheds light on the profound effects on workers, consumers, and democracy, and the emerging global movement challenging these monopolies as well as the detrimental effects these have on societal wellbeing and long-term growth. As we navigate a world shaped by recent economic shifts, Nicholas explores the complexities of regulatory challenges, offering a pathway towards a more equitable, inclusive, and sustainable economy. Join us in uncovering the intricacies of monopolistic power and learn how addressing these economic forces can pave the way for a wellbeing economy that caters to the needs of society and the planet.
SystemShift comes from Greenpeace Nordic and is hosted by Greenpeace Sweden campaigner, Carl Schlyter, and produced by Alexia Fridén, with additional support from Zane Ford, Christian Aslund and Attila Kulcsár.
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The podcast and artwork embedded on this page are from Greenpeace, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Guerrilla History (LS 52 · TOP 0.5% what is this?)
Episode: Archiving Arghiri Emmanuel's Works w/ The Arghiri Emmanuel Association
Pub date: 2024-02-09
In this terrific Sources and Methods episode of Guerrilla History, we are joined by Torkil Lauesen, Nemanja Lukić from the Anti-Imperialist Network, Immanuel Ness, and Joseph Mullen (whom you may remember from our episode with The Cadre Journal, which has since merged with Anti-Imperialist Network), who are members of the newly formed Arghiri Emmanuel Association! We discuss the life of the legendary theorist of Unequal Exchange, his theory, as well as the Association's efforts to archive his works. A fantastic conversation on some incredibly important work being done! Be sure to check out the Arghiri Emmanuel Digital Archive.
Torkil Lauesen is a longtime anti-imperialist activist and writer living in Denmark. From 1970 to 1989, he was a full-time member of a communist anti-imperialist group, supporting Third World liberation movements by both legal and illegal means. He has been a multiple time guest on Rev Left and Guerrilla History discussing his books The Principle Contradiction and Riding the Wave: Sweden's Integration into the Imperialist World Order.
Nemanja Lukić is a Yugoslav anti-imperialist activist who runs the Anti-Imperialist Network website. You can also follow Anti-Imp Net on twitter @antiimpnet.
Immanuel Ness is Professor of Political Science at Brooklyn College, City University of New York and Visiting Professor of Sociology at the University of Johannesburg. He is the author or editor of numerous works including Organizing Insurgency: Workers' Movements in the Global South, Southern Insurgency: The Coming of the Global Working Class, and The Palgrave Encyclopedia of Imperialism and Anti-Imperialism. You can follow Manny on twitter @ImmanuelNess.
Joseph Mullen is a student activist who was a member of the Cadre Journal, which has since been merged with Anti-Imperialist Network. He runs unequalexchange.org/. You can follow Anti-Imperialist Network - North America on twitter @antiimpnetna.
Help support the show by signing up to our patreon, where you also will get bonus content: https://www.patreon.com/guerrillahistory
The podcast and artwork embedded on this page are from Guerrilla History, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Dig (LS 59 · TOP 0.5% what is this?)
Episode: Your Money Or Your Life w/ Luke Messac
Pub date: 2024-02-08
Featuring Luke Messac on Your Money or Your Life: Debt Collection in American Medicine. An estimated 100 million people in the US are in debt because they sought medical treatment. Medical debt exacerbates poor and working-class people’s physical and psychological suffering while undermining their financial well-being and freedom.
Support The Dig at Patreon.com/TheDig
Subscribe to a year of Jewish Currents at secure.jewishcurrents.org/forms/subscribe50% off with special code DIG2024
Buy What Was Neoliberalism at haymarketbooks.org/books/2056-what-was-neoliberalism
The podcast and artwork embedded on this page are from Daniel Denvir, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Ones and Tooze (LS 48 · TOP 0.5% what is this?)
Episode: The War Over Global Shipping
Pub date: 2024-01-19
The attacks by Houthi militants on cargo ships in and around the Red Sea is posing a serious threat to global trade—serious enough to prompt American-led air strikes on the group in Yemen. Thirty percent of all global containers pass through the Red Sea Strait. Adam and Cameron discuss the economic implications.
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The podcast and artwork embedded on this page are from Foreign Policy, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Capitalisn't (LS 52 · TOP 0.5% what is this?)
Episode: The Capitalisn't of Banking, with Anat Admati
Pub date: 2024-01-18
It's been nearly 16 years since the federal government bailed out Wall Street to the tune of $700 billion in response to the financial crisis that precipitated the Great Recession. The idea that the public must guarantee critical financial institutions that are “too big to fail” was controversial then, but does it still remain an issue? Stanford finance professor Anat Admati, whom the New York Times profiled in an article titled "When She Talks, Banks Shudder," argues it’s become worse.
Admati joins Bethany and Luigi to discuss the updated edition of her and Martin Hellwig’s book, The Bankers' New Clothes: What’s Wrong with Banking and What to Do About It. Dissecting new financial developments, including the failure of Silicon Valley Bank, the crypto industry, and shadow banking, Admati lays bare how the current financial system is rigged for the benefit of the few. She also prescribes how we can build and regulate a fairer and more accountable financial system and, thus, a more stable and equitable capitalist economy.
Show Notes:
- Read the 2024 preface of The Bankers' New Clothes on ProMarket.
- Revisit our 2019 conversation with Anat and Chicago Booth Professor Guy Rolnik, exploring the reasons why market and policy may fail in finance and technology and what we must do to address such failures.
- Read Anat's contributions to our e-books on George Stigler and Milton Friedman.
The podcast and artwork embedded on this page are from University of Chicago Podcast Network, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Cosmopod (LS 42 · TOP 1.5% what is this?)
Episode: Citizen Marx: Republicanism and the Formation of Karl Marx’s Social and Political Thought with Bruno Leipold
Pub date: 2024-01-15
Donald and Luke talk with Bruno Leipold about his forthcoming book, Citizen Marx: Republicanism and the Formation of Karl Marx’s Social and Political Thought. Bruno touches on several topics including English Chartism, democratic republicanism, national constitutions, and the political development Marx and Engels’s over the years. Bruno emphasizes the democratic republican foundation of Marxism and why it needs to be rediscovered.
The podcast and artwork embedded on this page are from Cosmonaut Magazine, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macro N Cheese (LS 45 · TOP 1% what is this?)
Episode: Wall Street’s War on Workers with Les Leopold
Pub date: 2024-01-06
**Every Tuesday evening, Real Progressives hosts a virtual listening party for the current episode of Macro N Cheese. All are invited to join our informal discussion where we share insights on the topic at hand. If someone has questions, we will help find the answers. Get the registration link each week by visiting our events calendar: https://realprogressives.org/rp-events-calendar/
Before the 1980s, mass layoffs were often tied to economic recessions. Today, they are shrewd corporate strategy. Modern mass layoffs are connected to leveraged buyouts or stock buybacks. Steve’s guest, Les Leopold, explains how the process works and how it came to be through the maneuverings of Wall Street and the two political parties.
Les is the author of Wall Street’s War on Workers. He and Steve talk about the very real impact on people’s lives, from the coal miners of Mingo County, West Virginia, to Steve’s personal struggles after Verizon’s 2009 lay-offs. They discuss organizing, the value of a job guarantee, and intersectionality within a class analysis.
Les Leopold is executive director of the Labor Institute, which he co-founded in 1976. He has written several books on the finance sector’s looting of America. His upcoming book, Wall Street’s War on Workers, is being published by Chelsea Green Publishing. Follow his substack: https://substack.com/@lesleopold1
@les_leopold on Twitter
The podcast and artwork embedded on this page are from Steve D Grumbine MS, MBA, PMP, PSM1, ITIL, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Trade Talks (LS 51 · TOP 0.5% what is this?)
Episode: 199. How trade economists busted corruption at the port
Pub date: 2023-12-10
When customs officials in Madagascar cheated their country out of tax revenues, economists caught them. But the fight is not over yet.
The podcast and artwork embedded on this page are from Chad P. Bown, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: New Books in European Politics
Episode: The Future of the State: A Discussion with Graeme Garrard
Pub date: 2023-12-04
The Reagan-Thatcher neoliberal era started the retreat of the state. Privatisation and deregulation meant power was handed over to corporations and markets. Now that neoliberalism has run its course, will there be a return of the state? Listen to Owen Bennett Jones in conversation Graeme Garrard. Garrard is the author of The Return of the State: And Why It Is Essential for Our Health, Wealth and Happiness (Yale UP, 2022).
Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press.
Learn more about your ad choices. Visit megaphone.fm/adchoices
The podcast and artwork embedded on this page are from New Books Network, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Cutting Edge Issues in Development Thinking & Practice
Episode: S4, E6 Gender and Work in Global Value Chains: Capturing the gains?
Pub date: 2023-11-21
Gender and Work in Global Value Chains: Capturing the gains?
Speaker: Stephanie Barrientos, Manchester University
Discussant: Kate Meagher, LSE
Chair: Laura Mann, LSE
The podcast and artwork embedded on this page are from LSE Department of International Development, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macro N Cheese (LS 45 · TOP 1% what is this?)
Episode: Radical Political Economists on Palestine with David Fields
Pub date: 2023-11-18
David Fields talks to Steve about “Economists for Palestine,” the statement released by the Union for Radical Political Economics (URPE). They emphasize economists’ responsibility to take a stand against the genocide being perpetrated against the Palestinians. They look at the connection between Zionism and the global capitalist system, debunking misinformation while highlighting the difference between antisemitism and anti-Zionism.
We at Macro N Cheese urge our listeners to circulate the statement. https://urpe.org/2023/11/08/economists-for-palestine/
Economists for Palestine
We stand in unwavering solidarity with the Palestinian people. Since October 7th, 2023, over two million people have faced a brutal onslaught by the Israeli military and state. They have been forced to flee with nowhere to go as homes, shelters, evacuation routes, border crossings, hospitals, places of worship and entire neighborhoods have been bombed.
We mourn civilian deaths in both Israel and Palestine. Israel’s retaliation for the October 7th incursion continues, however, and over 9,000 Palestinians have been killed in the ongoing assault so far. More than 8,000 people have been killed in three weeks in Palestine. The estimated number of children among the casualties is over 3,000 and UNICEF estimates that about 420 children have been killed or wounded daily. Even reporters have been threatened with violence or killed.
Since the Nakba 75 years ago, the Palestinian people have endured profound suffering, forced displacement, and a brutal 16-year-long inhumane siege and blockade in Gaza. Human rights organizations have characterized Gaza as ‘the largest open-air prison’.
We also condemn the role of the U.S. state in supporting the ongoing siege in Palestine, its support for the horrors inflicted on Gaza, and its refusal to support a humanitarian ceasefire. It is imperative that we do not turn our backs on the devastating impact of this violence on people’s lives. The fight for Palestinian liberation and a fair, enduring peace in the region is intricately linked with the liberation and resistance efforts spearheaded by indigenous, colonized, and oppressed communities historically and worldwide.
We stand in support of efforts by the Palestinian people to sustain themselves economically through control over their land and their labor. We stand in solidarity with the anti-Zionist Jewish communities that have been raising their voices against the carpet bombing of Gaza, for the liberation of the Palestinian people, and who are working for a just, equitable, and durable peace.
We urgently call for:
An immediate ceasefire
Immediate restoration of food, fuel, water, and electricity to the Gaza Strip
Cessation of all settlement activity and disarmament of all settlers
Immediate delivery of humanitarian aid on the scale required
Respect towards the Geneva Conventions by all parties concerned
An end to apartheid and strident moves toward a democratic future for all people regardless of race, religion, gender identity and nationality
In addition, we strongly uphold the principle of academic freedom, especially in light of the current global climate where individuals in educational institutions worldwide face termination, doxing, and harassment for speaking up against the atrocities of the Israeli state and in support of the civilian population in Gaza. Neglecting this commitment would be a betrayal of our scholarly and moral obligations.
November 8th, 2023
David Fields is a political economist from Utah; his work centers on the intricacies concerning the interactions of foreign exchange & capital flows with economic growth, fiscal & monetary policy, and distribution, whereby critical attention is paid to the notion of endogenous money. He also delves into the political economy of regional development to study patterns with respect to the nature of housing, social stratification, and community planning.
@ProfDavidFields on Twitter
The podcast and artwork embedded on this page are from Steve D Grumbine MS, MBA, PMP, PSM1, ITIL, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Seventy Three
Pub date: 2023-11-15
Çinla, François, and Jennifer are joined by Glory M. Liu, assistant director for the Center for Economy and Society and assistant research professor at the SNF Agora Institute at Johns Hopkins University, to discuss her new book, Adam Smith's America: How a Scottish Philosopher Became an Icon of American Capitalism.
The podcast and artwork embedded on this page are from Smith and Marx Walk into a Bar, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Sound of Economics (LS 32 · TOP 5% what is this?)
Episode: Read with Bruegel: Central Banking before 1800: A Rehabilitation
Pub date: 2023-08-09
The Sound of Economics is bringing you a summer 2023 special series, 'Read with Bruegel.' In this series, we have the pleasure of hosting renowned authors who will discuss various economic issues based on their insightful books. We hope this conversation will inspire you to explore their books and offer you some food for thought during your summer break.
In this episode of the series, Nicolas Véron welcomes Ulrich Bindseil to discuss his latest book ‘Central Banking before 1800: A Rehabilitation’.
Véron and Bindeil ponder the definition of central banking, whilst analysing pre-1800 central banking and the role of numerous other institutions across the European continent. They discuss the long and colourful history of central banking before 1800, from which important lessons for today's debates can be drawn.
The podcast and artwork embedded on this page are from Bruegel, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Pitchfork Economics with Nick Hanauer (LS 58 · TOP 0.5% what is this?)
Episode: Wages need a revolution (with Michael Lind)
Pub date: 2023-08-08
Today we’re talking about wages—specifically, how the widespread suppression of wages is destroying the American economy. Author, professor, and fellow traveler Michael Lind just published a new book titled “Hell to Pay” that argues America is in need of a revolution in the way we think about work and wages. Lind warns that if American worker power isn’t restored to its previous highs, there’ll be hell to pay. (Sounds a bit like “the pitchforks are coming,” doesn’t it?)
Michael Lind is the author of more than a dozen books. He is a columnist for Tablet and has been an editor or staff writer for The New Yorker, Harper’s, The New Republic, and The National Interest. He’s one of the founders of the New America Foundation. He has taught at Harvard and Johns Hopkins and is currently a professor of practice at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin.
Hell to Pay https://www.penguinrandomhouse.com/books/690656/hell-to-pay-by-michael-lind
“Hell To Pay”: Michael Lind On A True Good Jobs Strategy https://www.forbes.com/sites/michaelbernick/2023/05/16/hell-to-pay-michael-lind-on-a-true-good-jobs-strategy/?sh=c4e0c584d160
Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
The podcast and artwork embedded on this page are from Civic Ventures, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Pitchfork Economics with Nick Hanauer (LS 58 · TOP 0.5% what is this?)
Episode: How Industrial Policy actually works (with Isabel Estevez)
Pub date: 2023-08-01
Industrial Policy (IP) has dominated conversations in economic and political circles thanks to President Biden’s big investments in manufacturing, infrastructure, and working Americans. But according to today’s guest, development economist Isabel Estevez, the conversation around IP is too narrow. IP is not just about manufacturing and clean energy, she argues—smart IP also encompasses policies that improve outcomes for people, like reducing child poverty and cleaning our drinking water.
Isabel Estevez is the Deputy Director of Industrial Policy and Trade at the Roosevelt Institute. She conducts research at the intersection of industrial and trade policy, with a focus on the transformation and decarbonization of heavy industries, such as steel and aluminum.
Twitter: @Isabel_Estevez_
Industrial Transformations https://www.phenomenalworld.org/analysis/industrial-transformations
The American Industrial Policy Series https://rooseveltinstitute.org/think-tank/climate-and-economic-transformation/the-american-industrial-policy-series
Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
The podcast and artwork embedded on this page are from Civic Ventures, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macro N Cheese (LS 44 · TOP 1% what is this?)
Episode: Imperialism and the Global South’s Debt with Ndongo Samba Sylla
Pub date: 2023-07-29
It will come as no surprise to our listeners that countries of the Global South are mired in a foreign debt crisis and that default is directly tied to the lack of monetary sovereignty.
Our friend Ndongo Samba Sylla, a Senegalese development economist, talks to Steve about the situation, how it came to be, and how it can be overcome.
Countries of the Global South usually are tied to debt in a foreign currency for a number of reasons, including balance of payment constraints and the capture of export income by transnational corporations. Some debt was carried over from colonial rule. Ndongo emphasizes that these countries are often trapped in an extractive economic model. Their resources are exploited by foreign companies, leading to a cycle of debt and dependence.
Debt cancellation, while absolutely necessary, is not enough to address the structural issues that perpetuate the crisis. Ndongo mentions ecological debt — the extraction and exploitation of natural resources from the Global South by the Global North. He highlights the need for a fundamental change in the domestic economic model of accumulation to eliminate the role of debt as an instrument of domination.
Ndongo also traces the history of structural adjustments after attempts at reform in the 1970s, beginning with the proposal for a New International Economic Order (NIEO) that challenged the imperialist system. The austerity we witness today arose from the reaction to that agenda.
Ndongo Samba Sylla is a Senegalese development economist. He has previously worked as a technical advisor at the Presidency of the Republic of Senegal, and is Programme Manager at the West Africa office of the Rosa Luxemburg Foundation. He is the co-author of Africa’s Last Colonial Currency: The CFA Franc Story and author of The Fair Trade Scandal.
@nssylla on Twitter
The podcast and artwork embedded on this page are from Steve D Grumbine MS, MBA, PMP, PSM1, ITIL, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macrodose (LS 38 · TOP 2% what is this?)
Episode: Episode 33: Understanding Growth and Degrowth
Pub date: 2023-07-19
On this week’s Macrodose, James Meadway breaks down: new research in Nature Sustainability examining the prospect of collapsing ecosystems (1.45), and a listener question - what are the alternative models to economic growth, and how can we get there (8.05)?
A massive thank you to all of our existing Patreon subscribers, your support keeps the show running and we are very grateful. If you have the means and enjoy our work, head over to patreon.com/Macrodose and subscribe today.
We want to hear from you! Leave a comment or get in touch at macrodose@planetbproductions.co.uk
Links:
Read the Nature Sustainability article here: https://www.nature.com/articles/s41893-023-01157-x
Check out Planet B: Everything Must Change here: https://novaramedia.com/category/audio/planet-b/
And grab a copy of Half-Earth Socialism: A Plan to Save the Future from Extinction, Climate Change and Pandemics here: https://www.versobooks.com/en-gb/products/2650-half-earth-socialism
The podcast and artwork embedded on this page are from Planet B Productions, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: EconRoots
Episode: Becchio on gender af feminist economics
Pub date: 2023-07-16
Gender issues in society and particularly feminist economics have gotten a lot of attention in recent times, but what exactly is it? Why is it needed and what is the relation to classical economic theory? Today we are joined by Professor Giandomenica Becchio who is the world leading expert in the history of these ideas. We also talk about how and why certain interesting contributors to economic theory became forgotten, mainly due to race, gender and ideology.
In season 1 (Danish) we reviewed the history of economic thought before WWII. The coming seasons are dedicated to the Nobel Prize in Economics, and I am joined by economist Otto Brøns-Petersen. The Nobel prize is a good benchmark for how the field and profession of economics developed after WWII. We will focus both on the scientific contributions and on the people behind them. These are all star economists and worthy of your time and attention. Some will mainly feature in one episode, others in several. We therefore advise that you listen in the thematic order we propose – but it is up to you. Rest assured, we will cover all… Eventually.
References:
Becchio, G. (2021). A History of Feminist and Gender Economics. Routledge.
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Podcast: Alternative Visions (LS 32 · TOP 5% what is this?)
Episode: Alternative Visions- Bidenomics as Neoliberal Policy in Crisis
Pub date: 2023-07-10
This past week the Biden administration launched a new PR offensive, touting its package of economic policies as a reversal of ‘trickle down’ economics the past 40 years. Bidenomics is supposed to be a break from the past 4 decades of Neoliberal economic policies. In today’s show Dr. Rasmus debunks the current ‘Bidenomics’ PR offensive, describing how it is a continuation of classical Neoliberal policy (fiscal, monetary, industrial and external) since Reagan. Rasmus defines the essential features of Neoliberal fiscal, monetary, industrial and trade/external policies and then fills in the details of Biden policies showing they are classic Neoliberal. Rasmus argues the ‘Bidenomics’ PR offensive is also classic neoliberal ideology (ideology defined as conscious misrepresentation of fact and reality in the service of special interests by manipulation of language). Summarized, Bidenomics is the continuation of neoliberal ‘trickle down’. Rasmus concludes with an assessment of the 4 dimensions of neoliberal economic policy future and the growing theme on the left that Neoliberalism is in growing crisis. Rasmus agrees 3 of the 4 areas of Neoliberal policy are facing growing contradictions and crisis, with the exception of neoliberal industrial policy (anti-union, anti-strike, wage-benefit compression, privatization, deregulation) remaining strong under the Biden administration. (For an analysis of evolution of Neoliberal policy from late 1970s until 2020, check out Dr. Rasmus’s book “The Scourge of Neoliberalism: US Economic Policy from Reagan to Trump”, Clarity Press, 2020)
The podcast and artwork embedded on this page are from Progressive Radio Network, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Ones and Tooze (LS 46 · TOP 1% what is this?)
Episode: The Economics of High Art
Pub date: 2023-06-09
An exhibition in Amsterdam of the Dutch painter Johannes Vermeer's works has been sold out for months. But what's in it for the museum hosting the collection? Adam and Cameron discuss the economics of high art and blockbuster art shows.
Also on the podcast: The economics of professional basketball.
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The podcast and artwork embedded on this page are from Foreign Policy, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Rania Khalek Dispatches (LS 40 · TOP 1.5% what is this?)
Episode: The Rise and Fall of US Dollar Supremacy & How Sanctions Backfire w/ Prabhat Patnaik
Pub date: 2023-06-22
Access the entire interview on Patreon: https://www.patreon.com/posts/full-audio-rise-84975377 The power of the dollar sustains U.S. imperialism. But rising multipolarity, an overuse of U.S. sanctions, the rise of alternative trading arrangements that sidestep the dollar, and a very obvious crisis of western capitalism have led to panic about a decline in dollar hegemony. What gives the dollar so much power in the first place? What would a world without dollar hegemony look like? What would it mean for those in the imperial core who benefit from this system? How about those in the third world on whose backs dollar hegemony is built? And where does the war in Ukraine fit into it all?
To discuss this and more, Rania Khalek was joined by Prabhat Patnaik, marxist economist, professor emeritus at JNU, and author of many books including “A Theory of Imperialism” and the more recent “Capital and Imperialism: Theory, History, and the Present,” both co-authored with Utsa Patnaik.
Prabhat’s piece discussed in this episode:
https://www.newsclick.in/us-sanctions-and-dollars-waning-hegemony
This is just the first half of this episode. The second half is available for Breakthrough News Members only. Become a member at https://www.Patreon.com/BreakthroughNews to access the full episode and other exclusive content.
The podcast and artwork embedded on this page are from Rania Khalek, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The PloughCast (LS 34 · TOP 3% what is this?)
Episode: 62: Is Money Power?
Pub date: 2023-06-07
Eugene McCarraher and Peter Mommsen speak about why Modern capitalism is anything but secular. They discuss Christianity’s compromise with mammon – and the visionaries who have resisted it.
Then they talk about the power of mammon, whether it’s enchanted, and the reason we venerate it.
The podcast and artwork embedded on this page are from Plough, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Working Class History (LS 53 · TOP 0.5% what is this?)
Episode: E73 Ben Fletcher, part 1
Pub date: 2023-06-05
First in a double podcast episode about Ben Fletcher, a very important but little-known dock worker and labour organiser in the US with the Industrial Workers of the World union.
In these episodes, we speak with historian Peter Cole, author and editor of Ben Fletcher: The Life And Times Of A Black Wobbly. We also hear words written by Fletcher, voiced by fellow Wobbly, Alki.
In part 1 we learn about his early life, as well as his union branch, Local 8, which in the early 20th-century organised thousands of workers on the Philadelphia docks and was the most powerful multiracial union in the country at the time.
Our podcast is brought to you by our patreon supporters. Our supporters fund our work, and in return get exclusive early access to podcast episodes, ad-free episodes, bonus episodes, free and discounted merchandise and other content. Join us or find out more at patreon.com/workingclasshistory
Full information, acknowledgements, sources and a transcript are on the webpage for this episode: https://workingclasshistory.com/podcast/e73-ben-fletcher/
Acknowledgements
* Thanks to our patreon supporters for making this podcast possible. Special thanks to Jazz Hands and Jamison D. Saltsman.
* Words of Ben Fletcher voiced by Alki. Check out his YouTube channel here, or follow him on Twitter here.
* Episode graphic: Ben Fletcher in 1918, enhanced by WCH. Courtesy US National Archives and Records Administration/Wikimedia Commons.
* Theme music: “Solidarity (Forever)”, written by Ralph Chaplin, performed by The Nightwatchman, Tom Morello. Buy or stream it here.
* Edited by Louise Barry
This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5711490/advertisement
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Podcast: WTF is Going on in Latin America & The Caribbean
Episode: The Country is Not for Sale: Economic Development & Trade Zones (ZEDEs) vs National Sovereignty
Pub date: 2023-05-12
EPISODE: The Country is Not for Sale-Economic Development & Employment Zones (ZEDEs) versus National Sovereignty
GUESTS: Beth Geglia, anthropology PhD, and Melinda St. Louis, Director of Public Citizen’s Global Trade Watch
BACKGROUND:
On May 3, Democratic U.S. lawmakers urged the U.S. Trade Representative and State Department to eliminate investor-state dispute settlement provisions from current and future trade deals and to intervene on behalf of Honduras against a U.S. company's nearly $11 billion claim against the country.
In a letter to Secretary of State Antony Blinken and Trade Representative Katherine Tai, 33 lawmakers said that investor-state dispute settlement (ISDS) systems in trade deals constitute a "problematic corporate handout" that violates countries' sovereignty and democratic rights.
ISDS mechanisms enable multinational corporations to sue the governments of foreign trading partners for profits they claim have been forfeited as a result of domestic policies designed to protect workers, consumers, and ecosystems. Such lawsuits challenge meaningful labor, product safety, and environmental standards, and the mere threat of them can even preempt the enactment of robust regulations, placing ISDS at the heart of what critics have called neoliberal globalization's "race to the bottom."
ADDITIONAL LINKS:
Senator Warren, Representative Doggett Call for Elimination of Investor-State Dispute Settlement System, Action on Behalf of Honduran Government
Warren Leads Call to End Dispute System “Weaponized” by Corporations Amid Honduras Case
Center for Economic Policy and Research (CEPR)
Honduras Solidarity Network
Institute for Policy Studies (IPS)
Latin America Working Group (LAWG)
Public Citizen/Global Trade Watch
OUR BROADCAST PARTNERS:
WTF is Going on in Latin America & the Caribbean is a Popular Resistance broadcast in partnership with Black Alliance for Peace Haiti/Americas Team, CODEPINK, Common Frontiers, Council on Hemispheric Affairs, Friends of Latin America, InterReligious Task Force on Central America, Massachusetts Peace Action and Task Force on the Americas.
The podcast and artwork embedded on this page are from Teri Mattson/Popular Resistance, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: In Our Time (LS 73 · TOP 0.01% what is this?)
Episode: Mercantilism
Pub date: 2023-04-13
Melvyn Bragg and guests discuss how, between the 16th and 18th centuries, Europe was dominated by an economic way of thinking called mercantilism. The key idea was that exports should be as high as possible and imports minimised. For more than 300 years, almost every ruler and political thinker was a mercantilist. Eventually, economists including Adam Smith, in his ground-breaking work of 1776 The Wealth of Nations, declared that mercantilism was a flawed concept and it became discredited. However, a mercantilist economic approach can still be found in modern times and today’s politicians sometimes still use rhetoric related to mercantilism. WithD’Maris CoffmanProfessor in Economics and Finance of the Built Environment at University College London Craig MuldrewProfessor of Social and Economic History at the University of Cambridge and a Member of Queens’ Collegeand Helen Paul, Lecturer in Economics and Economic History at the University of Southampton.Producer Luke Mulhall
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Podcast: Belabored (LS 47 · TOP 1% what is this?)
Episode: Belabored: How to Bargain for Power, with Jane McAlevey
Pub date: 2023-04-21
Subscribe to the Belabored RSS feed here. Support the podcast on Patreon. Subscribe and rate on iTunes, Stitcher, and Spotify. Tweet at @DissentMag with #Belabored to share your thoughts, or join the conversation on Facebook. Check out the full archive here. Belabored is produced by Casey Stone.
The wave of unionization continues apace across the United States and elsewhere in the world, but there’s often much less attention paid to the part of the process that comes after the winning of a union election: the bargaining of a contract. It can seem like the hard part is over when the votes are counted, but our guest this week reminds us that the hard part is just beginning. If that sounds daunting, well, Jane McAlevey is here to share her knowledge of how to make that hard part, if not easier, at least to help you succeed. McAlevey is a longtime organizer and organizing theorist, the founder of the massively popular online trainings, Organizing for Power, supported by the Rosa Luxemburg Stiftung, and the author and co-author of several books and many reports and articles on the art of worker organizing. Her newest book, with Abby Lawlor, is titled Rules to Win By: Power and Participation in Union Negotiations, and she joins us to talk about using big, open, democratic bargaining tactics to win major gains at the table and in the contract.
We also check in with Donna Murch of Rutgers AAUP-AFT on the multi-union, 9,000-worker strike at Rutgers University in New Jersey, and hear from Katie Wells on a new report on the conditions of Doordash drivers. And we hear about the firing of a union leader (and former Belabored guest) at Planned Parenthood North Central States, and the junior doctors and nurses’ strikes fighting to save the British National Health Service.
Thank you for listening to our 264th episode! If you like the show, you can support us on Patreon with a monthly contribution, at the level that best suits you.
If you’re interested in advertising on the show, please email ads@dissentmagazine.org. And as always, if you have any questions, comments, or tips, email us at belabored@dissentmagazine.org.
This season of Belabored is supported in part by the Economic Hardship Reporting Project.
News
Daniel Han, ‘Pissed off’: Rutgers unions mull resuming strike amid mounting frustration over finalizing contract, Politico
Noah Lanard, Why Rutgers Faculty Are Striking for the First Time in 257 Years, Mother Jones
Sarah, “Injury to All” at Rutgers University, Dissent
Katie Wells and Isabella Stratta, The Instant Delivery Workplace in D.C., Beeck Center
Michelle, Transcript: Courier Class War, with Antonio Solis, Dissent
Anne Rumberger, Abortion Rights Are Workers’ Rights, Jacobin
Sarah and Michelle, Belabored: Game Workers Unite and Win, with Emma Kinema, Dissent
Sarah and Michelle, Belabored: Reproductive Justice Is Labor Justice, Dissent
Dan Zahedi, Junior Doctors Will Fight as Long as It Takes, Tribune
George Walker, Nurses Tell of Disappointment With Latest NHS Pay Offer, Novara
Aubrey Allegretti, Denis Campbell, Kiran Stacey, and Jamie Grierson, Nurses will strike again in England after voting to reject government pay deal, Guardian
Conversation
Jane McAlevey
Organizing for Power
Jane McAlevey, Getting to Contract: Negotiating and Winning Against the Odds, The Nation
Sarah, After a Union Election Victory Comes the Hard Part, The Progressive
The post Belabored: How to Bargain for Power, with Jane McAlevey appeared first on Dissent Magazine.
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Podcast: The Majority Report with Sam Seder (LS 63 · TOP 0.1% what is this?)
Episode: 3067 - Speculation As Chaos; What’s Wrong With The Fed? w/ Aris Komporozos-Athanasiou & Nathan Tankus
Pub date: 2023-04-12
It's Hump Day! Emma hosts Aris Komporozos-Athanasiou, associate professor of sociology at University College London (UCL), to discuss his recent book Speculative Communities: Living with Uncertainty in a Financialized World. Then, Emma is joined by economist Nathan Tankus, proprietor of the Notes on the Crises newsletter, to discuss recent developments at the Federal Reserve and Silicon Valley Bank. First, Emma runs through updates on an impending recession, Memphis reinstating Justin Pearson to the Tennessee Statehouse, the identity of the Louisville shooter, Dianne Feinstein’s retirement, the drying of the Colorado River, and Alvin Bragg’s response to the attacks on him from the right, before diving into the recent letter from Rashida Tlaib and other progressive congressional members calling for the release of Julian Assange. Aris Komporozos-Athanasiou then dives right into defining “speculative communities,” as a community defined and united by its uncertain future, resigned to collective contemplation and anxiety with no solid structural support, before stepping back to explore “speculation” as a deterministic economic concept – an individual taking an unwanted risk for future gains – versus looking at it from a community perspective, as an open-ended engagement with our uncertain futures. This brings Professor Komporozos-Athanasiou to the topic of “political speculation,” which he defines as the weaponization of instability to capitalize on the confusion and anxiety it creates, as seen in the rise of right-wing populism in the wake of the 2008 financial crisis. Wrapping up, he and Emma tackle the role of enclosure in cutting off other community outlets for anxiety and structures for stability. Nathan Tankus and Emma then walk through what’s wrong with the Federal Reserve, from the absurdity of putting one agency in charge of the economy, to its obvious obsession with one side of its dual mandate. They conclude the interview by addressing the Fed’s response to the recent Silicon Valley bank run, and why the legislative deregulation of banking encourages administrative inaction.
And in the Fun Half: Hua from Raleigh dives into the role of gentrification in community displacement, Emma addresses yesterday’s Twitter drama, and the failures of popularism (especially in an electoral sense). Mitch from Glendale discusses Marianne Williamson’s candidacy, Emma and Bradley tackle the disappearance of Dianne Feinstein, watch Tucker Carlson quiver at the feet of his forgiving lord (Donald Trump), Elon Musk argues that he HAD to fire most of Twitter’s staff in order to waste money losing advertisers, and Jordan Peterson’s guest offers some of the most disgusting anti-trans arguments yet, plus, your calls and IMs!
Check out Aris's book here: https://twitter.com/ariskomporozos?lang=en
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Podcast: Ceteris Never Paribus: The History of Economic Thought Podcast (LS 27 · TOP 10% what is this?)
Episode: Cléo Chassonnery-Zaïgouche, Episode 31
Pub date: 2023-04-11
- Guest: Cléo Chassonnery-Zaïgouche (Assistant Professor of Economics, University of Bologna)
- Host and Producer: Maria Bach (Centre Walras-Pareto, University of Lausanne)
In this episode, I invited Cléo Chassonnery-Zaïgouche to talk about her new book project on the history of discrimination in economics, partly based on her PhD thesis.
If you’re interested in her work, check out her website here.
Featured music (apart from the usual intro and outro music): Sound by Alyonka.
The podcast and artwork embedded on this page are from Ceteris Never Paribus, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Transforming Society Podcast
Episode: Dismantling the construct of finance
Pub date: 2023-03-28
We take the existence of the all-powerful stock market for granted, but we should engage with it because it affects us as individuals and wider society in very deep ways. Philip Roscoe's new book 'How to Build a Stock Exchange' enables us to do this. In the episode, he speaks to Jess Miles about this darkly comedic secret world, prompting us to demand better.Find out more about the book: https://bristoluniversitypress.co.uk/how-to-build-a-stock-exchangeIntro music:Cold by yoitrax | @yoitraxMusic promoted by www.free-stock-music.comCreative Commons Attribution 3.0 Unported Licensecreativecommons.org/licenses/by/3.0/deed.en_US
The podcast and artwork embedded on this page are from Bristol University Press, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Rubber & Rice
Episode: On the IMF, Civil Society, and South-South Cooperation in Zambia & Sri Lanka w/ Grieve Chelwa
Pub date: 2023-04-02
I'm joined by Zambian Economist Grieve Chelwa for a wide-ranging discussion on the IMF's one-size fits all approach to countries, and the complicity of so-called civil society in furthering the agenda of Western-dominated multilateral institutions. We also discuss the iterative process of industrialization in the post-independence era, the colonial origins of mainstream economics, and the emerging multipolar world which provides opportunities and alternatives for developing countries like Zambia and Sri Lanka. Grieve is the Director of Research at the Institute of Race, Power & Political Economy at The New School, New York.
Music:
Intro: Walakulin Basa by Sunil Santha
Outro: Tiyende Pamodzi by Kenneth Kaunda
The podcast and artwork embedded on this page are from Shiran Illanperuma, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Prospect Podcast (LS 39 · TOP 2% what is this?)
Episode: Quinn Slobodian: Crack-up capitalism
Pub date: 2023-03-28
What does the big libertarian idea of "zones of exception" mean for the nation state? Award-winning author and professor of history Quinn Slobodian joins contributing editor Tom Clark to discuss his new book Crack-up Capitalism, Market Radicals and the Dream of a World Without Democracy.
Podcast: From Alpha To Omega (LS 42 · TOP 1.5% what is this?)
Episode: Episode 301: #195 Otto Neurath and Socialist Planning w/ Prof Thomas Uebel - Part 2
Pub date: 2023-03-28
We continue our conversation with Professer Thomas Uebel to the show to talk all about Otto Neurath and his impact on economic theory, the socialist calculation debate, and socialist planning.
https://theclasslesssocietyinmotion.com/
The podcast and artwork embedded on this page are from Tom O'Brien, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: All Things Co-op (LS 36 · TOP 2.5% what is this?)
Episode: People Power - Imagining a World without Bosses
Pub date: 2023-03-14
In this episode of All Things Co-op, Kevin and Cinar speak with sociologist, political scientist, author and documentary filmmaker Dario Azzellini. They discuss recuperated workplaces—workplaces that have been abandoned by private capitalist owners and taken over by workers and reorganized to be democratically controlled—and why the process of engaging in struggle with fellow workers builds an enduring ecosystem of trust. They also explore critiques of the Mondragon corporation, why co-ops should be rooted in community and social movements, the dangers of co-op owners identifying as entrepreneurs, the long history of worker struggles around the world, and more.
About our guest: Dario Azzellini is a professor and researcher in the Department of Development Studies (Unidad Académica en Estudios del Desarrollo) at the Autonomous University of Zacatecas (Zacatecas, Mexico) and visiting scholar at the ILR School at Cornell University (Ithaca, USA). His primary research interests are labour studies, local and workers’ self-management, and social movements and protest. He has more than 160 academic publications, among them more than 20 books, 11 films, and more than 100 journal articles and book chapters, many of which have been translated into a variety of languages. Together with Oliver Ressler he produced Occupy, Resist, Produce, a series of documentaries on recuperated factories under workers control in Europe.
To learn more: www.azzellini.net; https://www.versobooks.com/books/1433-they-can-t-represent-us; https://www.azzellini.net/en/english
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Podcast: Arts & Ideas (LS 53 · TOP 0.5% what is this?)
Episode: Debt
Pub date: 2023-03-14
Debt is central to the modern economy and it has long been so. The idea of debt has long been loaded with as much morality as financial meaning. Anne McElvoy explores our ideas about debt, what it is and how it works. Decisions about borrowing or paying down debt are currently being faced the world over. They’re informed by political beliefs and a whole history of ideas behind that. So, how have our ideas changed over time and what can or should be done about it?Professor Kenneth Rogoff is Maurits C. Boas Chair of International Economics at Harvard University, a former Chief Economist at the International Monetary Fund and the author of This Time Is Different: Eight Centuries of Financial Folly. Vicky Pryce is an economist and a former Joint Head of the United Kingdom's Government Economic Service. New Generation Thinker Philip Roscoe is a Reader in the School of Management at the University of St Andrews and the author of How to Build a Stock Exchange: On the past, present and future of finance. And, New Generation Thinker, Dafydd Mills Daniel is a lecturer in Divinity at the University of St Andrews who looks at the history of philosophy and religious thought.Producer: Ruth Watts
The podcast and artwork embedded on this page are from BBC Radio 3, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macro N Cheese (LS 44 · TOP 1% what is this?)
Episode: The Misery of Austerity with David Fields
Pub date: 2023-03-11
Austerity is a potent weapon of class warfare. Political economist David Fields talks with Steve about the ways austerity serves to discipline labor, as it has been doing since the Bolshevik revolution. They touch on the reasons capitalism cannot risk full employment, as explained by both Karl Marx and Michal Kalecki.
David wants people to read Adam Smith’s The Wealth of Nations or The Theory of Moral Sentiments. Even Smith, the father of the “invisible hand,” said government is instituted for the security of property — for the rich against the poor.
The discussion touches on the current inflation, comparing the true causes to the mainstream narrative.
“There's been a very coordinated, calculated campaign with well-known economists. Call it neoliberalism. Call it what you want, financialization... The concepts, terms, economic principles that we take for granted are not value-neutral.”
We are embedded in a system of winners and losers and we’re meant to believe there’s no other way. Workers must be prevented from understanding the trifecta of austerity – fiscal, monetary, and industrial.
Bio: David M. Fields, Political Economist, Utah. From a critical realist & genetic structuralist ontology & epistemology, David's scholarly work centers on the intricacies concerning the interactions of foreign exchange & capital flows with economic growth, fiscal & monetary policy, and distribution, whereby attention is paid to the nature of money and international political economy. He has published in the following journals: Review of International Political Economy, Review of Political Economy, American Review of Political Economy, the Review of Keynesian Economics, and the Review of Radical Political Economics. Additionally, he has provided book chapter contributions to The Encyclopedia of Post-Keynesian Economics, The Encyclopedia of Central Banking, and the Wiley-Blackwell Encyclopedia of Globalization. David received his graduate degree from the University of Utah; his bachelor's from the University of Massachusetts, Amherst.
@ProfDavidFields on Twitter
The podcast and artwork embedded on this page are from Steve D Grumbine MS, MBA, PMP, PSM1, ITIL, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Global Governance Futures: Imperfect Utopias or Bust
Episode: 33: Thomas Oatley – Complexity Theory and Political Economy 2.0
Pub date: 2023-03-10
Professor Thomas Oatley is the Corasaniti-Zondorak Chair of International Relations at Tulane University. He focuses his research and teaching on the intersection of American hegemony and international political economy (IPE). Widely regarded as a scholar at the leading-edge of IPE research, Thomas has in recent years adopted an explicit complex systems frame to undergird a powerful critique of orthodox IPE and international relations approaches to studying the global economy and world order. In this conversation we talk about the value of thinking in terms of complex systems, why complexity theory remains on the margins of global political scholarship, the nexus between our global financial and energy systems, green industrial policy and much, much more.Thomas can be found here: https://liberalarts.tulane.edu/departments/political-science/people/thomas-oatley He tweets @thoatleyWe discussed:‘Energy and the Complexity of International Order’, Global Environmental Politics (2021): https://direct.mit.edu/glep/article-abstract/21/4/20/107829/Energy-and-the-Complexity-of-International-Order ‘Green industrial policy and the global transformation of climate politics’ (with B. Allan and J. I. Lewis), Global Environmental Politics (2021): https://direct.mit.edu/glep/article/21/4/1/107853/Green-Industrial-Policy-and-the-Global ‘Toward a political economy of complex interdependence’, European Journal of International Relations (2019): https://journals.sagepub.com/doi/abs/10.1177/1354066119846553?journalCode=ejta Joseph Tainter, The Collapse of Complex Societies (1990): https://www.cambridge.org/gb/academic/subjects/archaeology/archaeological-theory-and-methods/collapse-complex-societies?format=PB&isbn=9780521386739
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Podcast: New Books in Sociology (LS 38 · TOP 2% what is this?)
Episode: Claudio E. Benzecry, "The Perfect Fit: Creative Work in the Global Shoe Industry" (U Chicago Press, 2022)
Pub date: 2023-03-06
The Perfect Fit: Creative Work in the Global Shoe Industry (The University of Chicago Press, 2022) shows us how globalization works through the many people and places involved in making women’s shoes.
We know a lot about how clothing and shoes are made cheaply, but very little about the process when they are made beautifully. In The Perfect Fit, Claudio E. Benzecry looks at the craft that goes into designing shoes for women in the US market, revealing that this creative process takes place on a global scale. Based on unprecedented behind-the-scenes access, The Perfect Fit offers an ethnographic window into the day-to-day life of designers, fit models, and technicians as they put together samples and prototypes, showing how expert work is a complement to and a necessary condition for factory exploitation.
Benzecry looks at the decisions and constraints behind how shoes are designed and developed, from initial inspiration to the mundane work of making sure a size seven stays constant. In doing so, he also fosters an original understanding of how globalization works from the ground up. Drawing on five years of research in New York, China, and Brazil, The Perfect Fit reveals how creative decisions are made, the kinds of expertise involved, and the almost impossible task of keeping the global supply chain humming.
Claudio E. Benzecry is Professor of Communication Studies and Sociology (courtesy) at Northwestern University.
Jun (Philip) Fang is an incoming Assistant Professor of Sociology at Colby College.
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Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology
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Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 42 · TOP 1.5% what is this?)
Episode: #159 L. Randall Wray: How MMT Can Save The World
Pub date: 2023-02-22
What is money, where does it come from and why is it important?
Patricia & Christian talk to award-winning primary MMT academic Professor L. Randall Wray about his latest book “Making Money Work For Us” and his part in the new academic collaboration “Modern Monetary Theory - Key Insights, Leading Thinkers.”
Also in this episode: What are taxes for? Where do commercial banks fit in? And what is “doing MMT”?
Please help sustain this podcast!
Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
Order L Randall Wray’s latest book, “Making Money Work for Us” (2022): https://www.amazon.co.uk/gp/product/B0BDCS46BG/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0
Order the Gower Initiative’s “Modern Monetary Theory - Key Insights, Leading Thinkers” (2023): https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html
For an intro to MMT:
Our first three episodes: https://www.patreon.com/posts/41742417
Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
All our episodes in chronological order: https://www.patreon.com/posts/43111643
All our episodes with L. Randall Wray: https://www.patreon.com/posts/44467066
Relevant to this episode:
Episode 133 with Professor Hannah Appel, co-founder of The Debt Collective: https://www.patreon.com/posts/67518491
For more on quantitative easing:
Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true
Episode 59 - Warren Mosler: What Do Central Banks Do?:https://www.patreon.com/posts/39070023
For more on the meaning of endogenous and exogenous money, listen to our episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
For more on the MMT Job Guarantee (the targeted spending Professor Wray refers to in this episode), Pavlina Tcherneva lays out why the Job Guarantee is core to Modern Monetary Theory in Episode 148: https://www.patreon.com/posts/73211346?pr=true
“WHAT IS MONEY?” by A Mitchell Innes: https://www.community-exchange.org/docs/what%20is%20money.htm
Quick MMT reads:
Warren’s Mosler’s MMT white paper: http://moslereconomics.com/mmt-white-paper/
Steven Hail’s quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095
On government debt: “Some Numbers Are Big. Let Me Help You Get Over It”: https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/
For a short, non-technical, free ebook explaining MMT, download MMT founder Warren Mosler’s “7 Deadly Innocent Frauds Of Economic Policy” here: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf
Episodes on monetary operations:
Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824
Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887
Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183
Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929
Episodes on inflation:
Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508
Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558
More on government bonds (and “vigilantes”):
Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):https://www.patreon.com/posts/29621245
Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500
Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true
Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: https://www.patreon.com/posts/episode-147-dirk-72906421
Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513
Episode 145 - John T Harvey: What Determines Currency Prices?: https://www.patreon.com/posts/72283811?pr=true
Job Guarantee episodes:
Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701
Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543
Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346
Pavlina Tcherneva’s Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/
MMT Events And Courses In 2023
Apply for Professor Bill Mitchell’s short, free online course in Modern Monetary Theory (February 15th - March 14th) here: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century
More information about Professor Mitchell’s MMTed project (free public online courses in MMT) here: http://www.mmted.org/
Tickets to the very first Scotonomics festival (online or in-person, Dundee, Scotland 24th-26th March) are available here: https://scotonomics.scot/live-events/
Apply for Dr Dirk Ehnts’ Modern Monetary Theory and European Macroeconomics course at Maastricht University (July 31st - August 4th) here: https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics
Details of Modern Money Lab’s online graduate and postgraduate courses in MMT are here: https://modernmoneylab.org.au/
Extensive list of MMT scholarship compiled by New Economic Perspectives: http://neweconomicperspectives.org/mmt-scholarship
MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies: https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies
A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
Show notes: https://www.patreon.com/posts/79000475?pr=true
The podcast and artwork embedded on this page are from Patricia Pino & Christian Reilly, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Analysis (LS 57 · TOP 0.5% what is this?)
Episode: The death of globalisation?
Pub date: 2023-02-27
Professor Ian Goldin explores globalisation, and asks how far the world is fragmenting politically and economically, and what the consequences of that could be. Since around 1990, with the end of the Cold War, the opening of China, global agreements to reduce trade barriers and the development of the internet, there has been a dramatic acceleration of globalisation. But its shortcomings are under the spotlight. Governments are making policy choices that protect their industries, and there’s a knock on effect on other countries and consumers around the world. How can the challenges be addressed? With contributions from: Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation. Minouche Shafik, President and vice-chancellor of the London School of EconomicsZanny Minton Beddoes, Editor of The Economist Rana Foroohar, Financial Times commentator and author.Kishore Mahbubani, former Ambassador to the UNCredits: CBS News, 24.09.19 – Donald Trump addressing the UN General Assembly in New York, pushing his ‘America First’ agenda. Conservative party, 02.10.19 – Boris Johnson at Conservative party conference ‘Let’s get Brexit done.’ The White House, 04.03.22 – Joe Biden announce his ‘Made in America’ commitments. World Economic Forum, 18.01.23 - German Chancellor, Olaf Scholz, addresses the World Economic For in Davos, warning of the dangers of de-globalisation.BBC Newsnight,19.02.97 - Reporter Mike Robertson, reports on Xiao Ping’s economic legacy.BBC interview, 2005 - Tim Berners Lee describes the creation of the worldwide web.BBC Newsnight, 10.11.89 – reporter piece from the Berlin Wall. BBC Radio 5Live, 26.01.23 – Latest UK car manufacturing figures from 5Live presenter Rachel Burden and detail from BBC Business editor, Simon Jack.Courtesy, Ronald Reagan Presidential Library, 26.11.88 – Ronald Reagan’s radio address to the nation where he reminds the US to be thankful for economic prosperity generated by global trade. Courtesy, William J. Clinton Presidential Library, 28.01.2000 - President Clinton addresses the World Economic Forum about the connections between the global economy and US prosperity.
The podcast and artwork embedded on this page are from BBC Radio 4, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: KPFA - Letters and Politics (LS 45 · TOP 1% what is this?)
Episode: Fund Drive Special – The Untold History of American Labor
Pub date: 2023-02-23
Guest: Kim Kelly is an independent journalist, author, and organizer. She has been a regular labor columnist for Teen Vogue since 2018. She is the author of Fight Like Hell: The Untold History of American Labor.
The post Fund Drive Special – The Untold History of American Labor appeared first on KPFA.
The podcast and artwork embedded on this page are from KPFA, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Hierarchies of Development
Episode: S2 Ep1 Money and finance hierarchies part 1
Pub date: 2023-02-27
We speak to Karina Patricio Ferreira Lima (University of Leeds, UK) about hierarchies in money and finance. Join us for this exciting episode to hear about core-periphery dynamics of inflation, the role of the International Monetary Fund in assessing debt sustainability, and much more!
The podcast and artwork embedded on this page are from Hierachies of Development Podcast, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Geopolitical Economy Report (LS 39 · TOP 2% what is this?)
Episode: The 'globalization' myth, US hegemony, and crisis of capitalism, with Radhika Desai
Pub date: 2023-02-17
Economist Radhika Desai and Ben Norton discuss the neoliberal myth of "globalization", the contradictions of US hegemony, and the crisis of capitalism.VIDEO: https://youtube.com/watch?v=GRKHCwVzvTsThis is part 1 in a series discussing Radhika's new book "Capitalism, Coronavirus, and War: A Geopolitical Economy".You can download "Capitalism, Coronavirus, and War" for free here: https://taylorfrancis.com/books/oa-mono/10.4324/9781003200000/capitalism-coronavirus-war-radhika-desaiYou can get Radhika's previous book "Geopolitical Economy: After US Hegemony, Globalization, and Empire" here: https://plutobooks.com/9781849648400/geopolitical-economy
The podcast and artwork embedded on this page are from Ben Norton, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macro N Cheese (LS 43 · TOP 1% what is this?)
Episode: A South American Currency Union? with Daniel Conceição
Pub date: 2023-02-18
Recent episodes of this podcast have looked at the many ways in which the US attempts to maintain global hegemony through the deep state, the banking system, NATO, and the unholy trinity of the IMF, WTO, and World Bank.
This week, Steve talks with Daniel Conceição about the possibility of a supranational currency for Brazil and Argentina. Daniel points out some potential benefits, but it’s hard to avoid comparisons to the Eurozone and the crippling loss of monetary sovereignty. Nevertheless , if successful, such an agreement has far-reaching implications not only for these two nations but potentially throughout all of Latin America, helping promote greater economic integration while providing increased stability.
Steve and Daniel revisit the issue of the petrodollar. Traditional MMT wisdom would say it’s no big deal; it’s merely a numeraire. Daniel suggests there’s more to it, “because when we claim that taxes are the main driver of currency acceptability, what we really mean is that necessity is the main driver.” Just as taxes put us in need of the currency,
“...in the exact same way, if there's a commodity that is hugely needed for your economy to function—everyone needs to purchase it—and if that commodity is only purchasable in a particular currency, then it also necessarily will give acceptability to that currency.”
The episode considers the accuracy of books such as ‘’Confessions of an Economic Hitman.” Daniel points out that mainstream economics is a tool to preserve the interests of the ruling class both domestically and internationally. It’s a mistake to think the economic hitmen are working to secure American interests. Just as we’ve heard from Aaron Good, Michael Hudson, Clara Mattei, and other guests, it’s not a case of country against country, but of a ruling class working against the interests of everyone else.
Daniel Negreiros Conceição did his undergraduate studies in Economics at the Federal University of Rio de Janeiro in Brazil and his postgraduate studies at UMKC (under Professors Wray, Kelton, et al). He is a professor of macroeconomics and public finance at the Federal University of Rio de Janeiro. He helped create the Institute for Functional Finance and Development (iffdbrasil.org), where he currently serves as president, and he helps run the Brazilian Modern Money Network (https://mmtbrasil.com/) aimed at producing more easily accessible material for teaching MMT to the wider public.
@stopthelunacy on Twitter
The podcast and artwork embedded on this page are from Steve D Grumbine MS, MBA, PMP, PSM1, ITIL, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: You Don't Have to Yell (LS 23 · TOP 10% what is this?)
Episode: Debt, Austerity, and the Decline of a Global Superpower | Ben Studebaker
Pub date: 2023-02-17
In the 19th century, Great Britain found itself saddled with debt after funding the Napoleonic Wars in continental Europe. In this episode, Ben Studebaker and Dan revisit how austerity measures taken by the British government ultimately led to its decline as a world power, how falling into the trap of "sensible spending" often forgoes investments for the future, and how the United States could fall into the same trap.
For additional commentary on this episode and other issues of the day, sign up for YDHTY's email newsletter at https://www.ydhty.com/news
The podcast and artwork embedded on this page are from Dan Sally, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 42 · TOP 1.5% what is this?)
Episode: #157 Key Insights, Leading Thinkers, Vital Economics - with Prue Plumridge, Claire Jackson-Prior, Neil Wilson and Phil Armstrong
Pub date: 2023-02-09
According to multi award-winning economist Professor James K. Galbraith, the new book, “Modern Monetary Theory: Key Insights, Leading Thinkers” is ‘a landmark in the development of MMT, a boon for “useful” economists - and a profound challenge to all the others.’
Patricia and Christian talk to the architects of this collaboration of leading experts about how governments spend, why it matters, and why moving beyond our culture’s deeply-held but incorrect assumptions about money and its purpose is now key to human survival.
Please help sustain this podcast!
Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
Order the Gower Initiative’s “Modern Monetary Theory - Key Insights, Leading Thinkers” (2023) here: https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html
For an intro to MMT:
Our first three episodes: https://www.patreon.com/posts/41742417
Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
All our episodes in chronological order: https://www.patreon.com/posts/43111643
All our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846
Relevant to this episode:
The Gower Initiative For Modern Money Studies website: https://gimms.org.uk/
Our interview with Deborah Harrington (a founding member of GIMMS) Episode 96: The Fight For The NHS: https://www.patreon.com/posts/49819223
“Diagrams & Dollars” by JD Alt: https://neweconomicperspectives.org/2014/01/diagrams-dollars-modern-money-illustrated-part-1.html
Professor Stephanie Kelton’s “Angry Birds” presentation: https://youtu.be/Q1SMjeuyF-Y
“Billy Blog” — Professor Bill Mitchell’s blog: http://bilbo.economicoutlook.net/blog/
Our episodes featuring Bill Mitchell at UK Labour conference events in 2019: Episode 31(a): MMT And The Labour Party: https://www.patreon.com/posts/30204508
Episode 34: MMT And The Green New Deal: https://www.patreon.com/posts/30429854
“An Accounting Model of the UK Exchequer” by Neil Wilson, Andrew Berkley and Richard Tye: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/
Our interview with the authors of “An Accounting Model of the UK Exchequer”:
Episode 84 (Part 1): https://www.patreon.com/posts/46352183
Episode 86 (Part 2): https://www.patreon.com/posts/46865929
Episode 155, where Phil Armstrong talks briefly about his chapter in “Modern Monetary Theory: Key Insights, Leading Thinkers”: https://www.patreon.com/posts/77409078?pr=true
Professor John T. Harvey’s lecture on MMT and exchange rates - Episode 145: What Determines Currency Prices?: https://www.patreon.com/posts/72283811?pr=true
Warren Mosler’s “7 Deadly Innocent Frauds Of Economic Policy”: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf
Quick MMT reads:
Warren’s Mosler’s MMT white paper: http://moslereconomics.com/mmt-white-paper/
Steven Hail’s quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095
On government debt: “Some Numbers Are Big. Let Me Help You Get Over It”: https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/
For a short, non-technical, free ebook explaining MMT, download MMT founder Warren Mosler’s “7 Deadly Innocent Frauds Of Economic Policy” here: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf
Episodes on monetary operations:
Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824
Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887
Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183
Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929
Episodes on inflation:
Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508
Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558
More on government bonds (and “vigilantes”):
Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):https://www.patreon.com/posts/29621245
Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500
Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true
Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: https://www.patreon.com/posts/episode-147-dirk-72906421
Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513
Episode 145 - John T Harvey: What Determines Currency Prices?: https://www.patreon.com/posts/72283811?pr=true
Job Guarantee episodes:
Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701
Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543
Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346
Pavlina Tcherneva’s Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/
MMT Events And Courses In 2023
Apply for Professor Bill Mitchell’s short, free online course in Modern Monetary Theory (February 15th - March 14th) here: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century
More information about Professor Mitchell’s MMTed project (free public online courses in MMT) here: http://www.mmted.org/
Tickets to the very first Scotonomics festival (online or in-person, Dundee, Scotland 24th-26th March) are available here: https://scotonomics.scot/live-events/
Apply for Dr Dirk Ehnts’ Modern Monetary Theory and European Macroeconomics course at Maastricht University (July 31st - August 4th) here: https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics
Details of Modern Money Lab’s online graduate and postgraduate courses in MMT are here: https://modernmoneylab.org.au/
Extensive list of MMT scholarship compiled by New Economic Perspectives: http://neweconomicperspectives.org/mmt-scholarship
MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies: https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies
A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
Show notes: https://www.patreon.com/posts/78408355?pr=true
The podcast and artwork embedded on this page are from Patricia Pino & Christian Reilly, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Odd Lots (LS 59 · TOP 0.1% what is this?)
Episode: Jan Toporowski Explains Why Capitalists Dislike Full Employment
Pub date: 2023-02-10
In the wake of the Great Financial Crisis, the work of John Maynard Keynes experienced a revival, as people sought answers to the problem of sluggish growth. In this cycle, sluggish growth isn't the problem. If anything, you hear business leaders and central bankers talking about the labor market being "too hot," and the need for the unemployment rate to rise. So what explains the current dynamic? And how can we sustain a hot economy without the pain of inflation? Perhaps the work of the lesser-known Polish economist Michał Kalecki holds the answers. Like Keynes, he also viewed the free market as being inherently unstable, but he came to different conclusions about why. He also explored the political economy of full employment and why this condition frustrates business leaders. On this episode, we speak with Jan Toporowski, professor of Economics and Finance at SOAS University of London, about Kalecki's work and how it can help us understand today's economy.
See omnystudio.com/listener for privacy information.
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Podcast: Macrodose (LS 33 · TOP 5% what is this?)
Episode: Episode 10: The largest wave of strikes in a generation, but will they win?
Pub date: 2023-02-01
On this week’s Macrodose, James Meadway breaks down the economics behind the UK’s recording-breaking wave of strikes (0:42), how these compare to other strike movements around the world (4:43), and a new report from the BBC that finds issues with the “impartiality” of its economics reporting (12:32).
The podcast and artwork embedded on this page are from Planet B Productions, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: LSE IQ podcast (LS 44 · TOP 1% what is this?)
Episode: Do we always need to pay our debts?
Pub date: 2023-02-07
Contributor(s): Dr Joseph Spooner, Sara Williams | Borrowing is a fundamental part of our world, but with millions considered over-indebted before the pandemic and a deepening cost of living crisis fueled by stagnating wages and high inflation, for many the burden of debt looks only set to increase.This month, LSE iQ asks “Do we always need to pay our debts?”, exploring the reasons people might find themselves with problematic levels of debt, the options open to those in financial trouble and how bankruptcy laws could be used more impactfully to the benefit of both individuals and society.Jess Winterstein talks to: Dr Joseph Spooner, Associate Professor in the LSE Law School and author of Bankruptcy: the case for relief in an economy of debt, and Sara Williams, founder of debt advisory website Debt Camel. https://debtcamel.co.uk/
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Podcast: This Machine Kills (LS 45 · TOP 1% what is this?)
Episode: 229. Capitalist Manufacturing // Manufacturing Communism – Part 1 (ft. Nick Chavez)
Pub date: 2023-02-05
Part 1 –– We welcome returning champ Nick Chavez – mechanical engineer, marxist political economist – for a long conversation about his new essay examining the real nitty-gritty aspects of production and labor, knowledge and management. Time to step down from the ivory tower and onto the shop floor. We talk extensively about different modes of manufacturing and the stratification of technical expertise within capitalist production – and what needs to be kept, changed, and abolished in a transition to communist production. ••• Nick’s essay: https://brooklynrail.org/2023/12/field-notes/Technical-Expertise-and-Communist-Production ••• Nick’s new blog: https://designformanufracture.wordpress.com/ ••• Nick’s new twitter: https://twitter.com/DFManufractureSubscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills Grab TMK gear: https://www.bonfire.com/store/this-machine-kills-podcast/ Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)
The podcast and artwork embedded on this page are from This Machine Kills, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Theory of Change Podcast With Matthew Sheffield (LS 31 · TOP 5% what is this?)
Episode: Theory of Change #058: Nils Gilman on how the "designer economy" will replace neoliberalism
Pub date: 2023-02-05
Concerns about globalization and the rise of politicized religion have led to dramatic increases in political extremism in the United States and many other countries in recent years. But another huge factor has been the shrinking of what people feel like they can expect from government. For about the last 30 years or so, most countries with mature industrial economies have been ruled by left and right parties that espoused neoliberal views—that governments can’t and shouldn’t do much to boost the economy, and that deregulation and privatization are preferred. It was already apparent to many people, but the Covid-19 pandemic made it very clear that the invisible hand is a terrible manager for a national economy. The global supply chains for many different businesses broke down entirely and there have been shortages of everything from toilet paper to automobiles. The many problems that China has had in particular have also made it obvious that locating almost the entirety of the world’s electronics production to China and Taiwan was a disastrous idea, no matter how cheap it may have been.The rapid development in multiple countries of many different vaccines against the SARS-COV2 virus has also demonstrated that governments can successfully drive rapid scientific and commercial innovation that would have taken the private sector alone many years to accomplish.After ruling our politics, neoliberalism appears to be on the way out. But what’s coming next? Joining me to discuss is Nils Gilman, he’s the deputy editor of Noema, an online magazine about philosophy, governance, and technology. He’s also a senior vice president at the Berggruen Institute. Just recently, Nils co-wrote an essay entitled “The Designer Economy,” which is a multifaceted look at what’s displacing neoliberalism and who’s doing it.MEMBERSHIP & BENEFITSWe need your help to keep "Theory of Change" sustainable, so going forward, only subscribers will be able to access the second half of most episodes. (The full length of this one is 1:11:48.)Please become a member today to get the second half of this conversation. Subscriptions begin at just $3 per month.Your support will help us continue producing the show and take it to new audiences. We're not funded by big donors, universities, or corporate media so we need your support. Thanks so much for everyone who is chipping in!Subscribe Link:https://www.patreon.com/discoverfluxIf you don't want to use Patreon, you can still support the show via PayPal: https://www.paypal.com/paypalme/theorychangeFULL AUDIO, VIDEO, & TRANSCRIPT https://flux.community/podcasts/theory-of-change/58GUEST INFO"The Designer Economy" essay:https://www.noemamag.com/the-designer-economy/Nils Gilman's archive at Noema magazine:https://www.noemamag.com/author/nils-gilman/On Twitter:https://twitter.com/nils_gilmanABOUT THE SHOWTheory of Change is hosted by Matthew Sheffield about larger trends and intersections of politics, religion, media, and technology. It's part of the Flux network, a new content community of podcasters and writers. Please visit us at https://flux.community to learn more and to tell us about what you're doing. We're constantly growing and learning from the great people we meet.Theory of Change website:https://theoryofchange.showTheory of Change on Twitter:https://twitter.com/TheoryChangeMatthew Sheffield on Twitter:https://twitter.com/mattsheffieldTheory of Change on Apple Podcasts:https://podcasts.apple.com/us/podcast/theory-of-change-podcast/id1486920059
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Podcast: TRASHFUTURE (LS 54 · TOP 0.5% what is this?)
Episode: AmeriCOIN feat. Joe Weisenthal
Pub date: 2023-01-31
This week, we speak with Joe Weisenthal (@TheStalwart) of the Bloomberg dot com Odd Lots podcast about minting the coin. But not just any coin: a strange loophole in a ’90s law designed to let the U.S. Mint produce collectors’ coins basically means that, if they wanted to, the director could order the Mint to issue a platinum coin of any denomination. Two dollars. Ten million dollars. One trillion dollars. But will the Democrats use this to completely undercut Republican debt ceiling brinkmanship? Probably not?
Check out Odd Lots here: https://podcasts.apple.com/us/podcast/odd-lots/id1056200096
If you want access to our Patreon bonus episodes, early releases of free episodes, and powerful Discord server, sign up here: https://www.patreon.com/trashfuture
WEB DESIGN ALERT Tom Allen is a friend of the show (and the designer behind our website). If you need web design help, reach out to him here: https://www.tomallen.media/
MILO ALERT Check out Milo’s upcoming live shows here: https://www.miloedwards.co.uk/live-shows
Trashfuture are: Riley (@raaleh), Milo (@Milo_Edwards), Hussein (@HKesvani), Nate (@inthesedeserts), and Alice (@AliceAvizandum)
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Podcast: The Kicker (LS 37 · TOP 2% what is this?)
Episode: FT's Rana Foroohar: What the Davos Crowd Doesn't See
Pub date: 2023-01-31
After two decades of attending the World Economic Forum's annual gathering of business elites in Davos, Rana Foroohar, associate editor of the Financial Times, stayed back this year. In this week’s episode of The Kicker, Foroohar tells Kyle Pope, editor and publisher of the Columbia Journalism Review, why the annual meet-up of global technocrats imparts “icky” feelings, and why the Davos crowd, including the journalists reporting from the conference, might have a skewed outlook on the economy. Also joining Pope in conversation is Mercy Orengo, a CJR fellow. Orengo shares insights from her recent conversations with business reporters tasked with covering an uncertain economy.
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Podcast: Business Scholarship Podcast (LS 33 · TOP 5% what is this?)
Episode: Ep.170 – William Magnuson on the History of Corporations
Pub date: 2023-01-30
William Magnuson, professor of law at Texas A&M University, joins the Business Scholarship Podcast to discuss his book For Profit: A History of Corporations.
This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School, with editing by Steven Rozenfeld, a third-year student at Brooklyn Law School.
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Podcast: The Weekly Tradecast by UNCTAD
Episode: 29. Dirty money: How it undermines the global economy and how we can fix it
Pub date: 2023-01-19
In this episode of The Weekly Tradecast we talk about illicit financial flows with UNCTAD’s officer in charge of statistics, Anu Peltola.
Dirty money from terrorists and criminal groups fuels violence and instability, while the Panama Papers have exposed how secretive offshore companies allow corrupt politicians and the wealthy to stash away huge amounts.
Apart from being illegal, the murky transactions deprive governments of revenues to invest in hospitals, education and services.
Tune in to Anu to find out why illicit financial flows are so damaging and how we can fix the problem.
The podcast and artwork embedded on this page are from unctadonline, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Broken Law (LS 35 · TOP 2.5% what is this?)
Episode: Episode 86: Building an Equitable Economy
Pub date: 2023-01-24
This week, we are talking about Law and the Political Economy, or LPE, which seeks to expose how the market and economy are disproportionately shaped by and to serve powerful interest groups and the economically and politically dominant. Christopher Wright Durocher speaks with Amy Kapczynski to better understand LPE, its development, and how it can be utilized to build an equitable economy.
Join the Progressive Legal Movement Today: ACSLaw.org
Today's Host: Christopher Wright Durocher, Vice President of Policy and Program
Guest: Amy Kapczynski, Professor of Law at Yale Law School
Link: The Law and Political Economy Project
Link: "Building a Law-and-Political-Economy Framework: Beyond the Twentieth-Century Synthesis," by Jedediah Britton-Purdy, David Singh Grewal, Amy Kapczynski & K. Sabeel Rahman
Link: "Reviving Progressive Constitutional Political Economy," co-hosted by ACS and Georgetown University Law Center
Visit the Podcast Website: Broken Law Podcast
Email the Show: Podcast@ACSLaw.org
Follow ACS on Social Media: Facebook | Instagram | Twitter | LinkedIn | YouTube
Production House: Flint Stone Media
Copyright of American Constitution Society 2023.
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Podcast: Unproductive Labor
Episode: Essential Workers and Labor Activism During the Pandemic: An Interview with Jamie McCallum
Pub date: 2023-01-26
This episode, I talk to sociologist Jamie McCallum about his new book, Essential: How the Pandemic Transformed the Long Fight for Worker Justice. We talk about working conditions and unemployment during the pandemic, labor activism, and glimpses of working class unity.
McCallum is a professor of sociology at Middlebury College. His writing has appeared in the Washington Post, Mother Jones, Dissent, and Jacobin, and his last book Worked Over looked at the quantity and quality of time we spend on and off the clock. You can get in touch with him through his website: https://www.jamiekmccallum.com/.
Contact US
Twitter: @PublicSeminar, @lmergner, @pete_sinnott
Email: unproductivelabor@gmail.com
Credits
Producer: Daniel Fermín
Music: Composed and performed by Samuel Haines.
Artwork: Daniel Fermín
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Podcast: Politics Theory Other (LS 49 · TOP 0.5% what is this?)
Episode: 2023 Crisis is the new normal w/ James Meadway
Pub date: 2023-01-10
James Meadway returns to discuss his predictions for the world economy in the year ahead, and why the notion of the polycrisis - while in some ways useful - fails to reckon with the fact that in a world of increasingly frequent severe weather events, climate disasters, and greater interstate rivalry, the notion of any kind of time-bounded crisis is increasingly at odds with reality. We talked about the prospect of debt defaults in the global south, why mainstream economics is failing to factor the deteriorating ecosphere into its modelling, and finally we talked about the UK and the question as to whether or not the country is now in a unique moment of economic decline.
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Podcast: Macrodose (LS 30 · TOP 5% what is this?)
Episode: Episode 6: China’s downturn, Blackrock’s predictions, and the struggling tech billionaires
Pub date: 2023-01-04
In the latest episode of MACRODOSE, James Meadway breaks down a new IMF forecast that predicts China’s economic downturn, a set of predictions for our economic future from multinational asset manager Blackrock, and asks what’s happening to the wealth of the tech billionaires?
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Podcast: A Correction Podcast (LS 38 · TOP 2% what is this?)
Episode: Zeyad el Nabolsy on Dependency Theory, Culture and the Philosopher Paulin J. Hountondji
Pub date: 2023-01-09
Zeyad el Nabolsy is an Egyptian PhD student in Africana Studies at Cornell University, working on African philosophy of culture, African Marxism, and the philosophy of science and modern African intellectual history.
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Podcast: TRASHFUTURE (LS 51 · TOP 0.5% what is this?)
Episode: Oh Sovereign, My Sovereign feat. Quinn Slobodian
Pub date: 2022-12-20
This week’s free episode is all about William Rees Mogg and James Dale Davidson’s book “the sovereign individual,” which describes a wonderful world in which fifty rich men live in armoured citadels and everyone else scrapes a living off the land. Do not become addicted to water, my friends!
If you want to learn more about Quinn Slobodian's work, check out his site here: https://www.quinnslobodian.com
If you want access to our Patreon bonus episodes, early releases of free episodes, and powerful Discord server, sign up here: https://www.patreon.com/trashfuture
MILO ALERT Here are links to see Milo’s upcoming standup shows: https://www.miloedwards.co.uk/live-shows
WEB DESIGN ALERT Tom Allen is a friend of the show (and the designer behind our website). If you need web design help, reach out to him here: https://www.tomallen.media/
Trashfuture are: Riley (@raaleh), Milo (@Milo_Edwards), Hussein (@HKesvani), Nate (@inthesedeserts), and Alice (@AliceAvizandum)
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Podcast: David Harvey's Anti-Capitalist Chronicles (LS 54 · TOP 0.5% what is this?)
Episode: Mainstreaming Marxism & Redefining Capitalism
Pub date: 2022-12-15
In this episode of Anti-Capitalist Chronicles, Prof. Harvey considers the hostility and glorification of ignorance—a legacy of McCarthyism—towards the teachings of Marx, especially within academia and the mainstream media. Academia has become a money-making institution and even liberal mainstream media, claiming to be tolerant, espouse repressive tolerance. Harvey draws on his experience writing and teaching about Marxism to reject the need to define the current phase of capital. We are not regressing back towards feudalism and we don’t need to find more adjectives to put in front of capitalism. Rather than trying to fit our current conditions into a preconceived notion, we simply need to consider the qualities of the conditions in order to challenge the power of capitalist institutions and move forward.
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Podcast: The Future, This Week (LS 30 · TOP 5% what is this?)
Episode: The 4-day work week with Juliet Schor
Pub date: 2022-12-12
This week: what if we all worked four days a week? We talk with Professor Juliet Schor about her research into the 4-day work week and the trials happening around the world.
Sandra Peter (Sydney Business Insights) and Kai Riemer (Digital Futures Research Group) meet once a week to put their own spin on news that is impacting the future of business in The Future, This Week.
You can find transcripts, links for the curious and more episodes on our website: https://sbi.sydney.edu.au/the-4-day-work-week-with-juliet-schor/
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You can follow us to keep updated with our latest insights on Flipboard, LinkedIn, Twitter and WeChat.
Send us your news ideas to sbi@sydney.edu.au. We read your emails.
Music by Cinephonix.
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Podcast: Ideas of India (LS 37 · TOP 2.5% what is this?)
Episode: Shweta Banerjee on Decentralized Currency and the East India Company
Pub date: 2022-12-08
This episode is the seventh installment of a series in which Shruti speaks with doctoral candidates and postdoctoral scholars about their research as they enter the job market and the world of academia. In this episode, Shruti talks with Shweta Banerjee about Indian currency before the arrival of the East India Company, how the company changed India’s monetary system, demonetization, free banking and more. Banerjee is a Vanier Doctoral Scholar at the University of Toronto. Her dissertation provides a historical view of financial infrastructure in India from 1750 to 1947. She is interested in exploring finance as a site of contestation between early modern and modern states and financiers or bankers. Before entering her Ph.D. program, she spent several years at the World Bank working on financial inclusion, digitization and rural livelihood programs in South Asia.
Recorded September 22nd, 2022
Read a full transcript enhanced with helpful links.
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Podcast: LSE: Public lectures and events (LS 53 · TOP 0.5% what is this?)
Episode: Beveridge 2.0: tax justice
Pub date: 2022-12-09
Contributor(s): Professor Jonathan Hopkin, James Murray, Dr Andy Summers, Dr Kate Summers | The panel will reflect on what shapes public demand for tax justice, its relation to tackling inequality and the challenges posed by taxing the super-rich.
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Podcast: Jacobin Radio (LS 59 · TOP 0.5% what is this?)
Episode: Dig: Founding Finance with William Hogeland
Pub date: 2022-12-02
Astra Taylor interviews William Hogeland on his book Founding Finance: How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation. Hogeland recovers a fascinating crop of mostly-forgotten rebels, the movements they led, and their radical demands that put the landlords and lenders of their day on edge. He also recounts the complex and sometimes deadly machinations that went into suppressing them in order to create a nation that was safe for the owning and investing classes.
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Podcast: historicly (LS 44 · TOP 1% what is this?)
Episode: CFA Franc Zone: Colonialism By Another Name
Pub date: 2022-12-05
Last month, Italian Prime Minister Giorgia Meloni drew some waves when she (rightfully) criticized French Colonialism in Africa. She drew particular attention to the CFA Franc Zone.
While her critique was rightful, there is much to be said about her motivations.
Today, we are joined by Ndongo Samba Sylla, author of “Africa’s Last Colonial Currency” to talk to us about the brutal history of the CFA Franc and how it purposefully impoverishes Africa.
Show Notes
0:41 - Colony within a nation:
“Neoliberalism is another iteration of colonial logic, at least economically speaking”
5:14 - President Mitterand in 1957, “Without Africa, France would have no history in the 21st century”
6:48 - CFA Frank with two monetary zones
9:11 - Who liberated France?
10:11 - CFA Franc was born out of the devaluation of the French Franc
12:12 - Sham Decolonialisation
13:40 - Guinea
15:45 - Sekou Toure
17:34 - Fundamental Principles of the CFA system
21:06 - The third pillar “Guarantee of convertability”
- Central banks are obliged to deposit with the central bank 50% of their exchange reserves.
30:00 - Military Agreement with Relation to the CFA Frank
32:15 - Thomas Sankara Example
36:28 - French Interventions of Africa
38:53 - What is going on in Mali?
44:51 - Struggle against Monetary Repression
“Instant Misery Fund” = IMF
47:03 - Secrecy behind the CFA institutions
50:20 - France is a “Guaranteer”! What does it mean?
- Africans provided loans to the French Government.
56:03 - Myths surrounding the CFA Franc
What do you think about the CFA Franc Zone?
You can follow Ndongo Samba Sylla on Twitter
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Podcast: Reinventing Solidarity (LS 23 · TOP 10% what is this?)
Episode: Episode 37 - Why We Need Debtors Unions
Pub date: 2022-12-02
A dramatic increase in national consumer debt began in the mid-1980s and currently stands at 16.5 trillion dollars, making it a key feature of capitalism in the 21st century. Average household debt today in the U.S. – mortgages, car loans, student, medical, and credit card debt – now exceeds $96,000 and is therefore greater than the median household income. Andrew Ross discusses debt as a crucial labor and social justice issue and describes the groundbreaking work of the Debt Collective.
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Podcast: Economics & Beyond with Rob Johnson (LS 40 · TOP 1.5% what is this?)
Episode: The New Economics of Debt and Financial Fragility
Pub date: 2022-11-17
University of Bonn and Sciences Po economics professor Moritz Schularick talks to Rob about the soon-to-be-released book, Leveraged, which he edited based on papers from an INET-sponsored conference. The book takes a close look at what we have learned about the costs and causes of financial fragility since 2008.
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Podcast: New Books in Economics (LS 36 · TOP 2.5% what is this?)
Episode: Trevor Jackson, "Impunity and Capitalism: The Afterlives of European Financial Crises, 1690-1830" (Cambridge UP, 2022)
Pub date: 2022-11-30
Whose fault are financial crises, and who is responsible for stopping them, or repairing the damage? Impunity and Capitalism: The Afterlives of European Financial Crises, 1690-1830 (Cambridge University Press, 2022) develops a new approach to the history of capitalism and inequality by using the concept of impunity to show how financial crises stopped being crimes and became natural disasters.
Dr. Trevor Jackson examines the legal regulation of capital markets in a period of unprecedented expansion in the complexity of finance ranging from the bankruptcy of Europe's richest man in 1709, to the world's first stock market crash in 1720, to the first Latin American debt crisis in 1825. He shows how, after each crisis, popular anger and improvised policy responses resulted in efforts to create a more just financial capitalism but succeeded only in changing who could act with impunity, and how. Henceforth financial crises came to seem normal and legitimate, caused by impersonal international markets, with the costs borne by domestic populations and nobody in particular at fault.
This interview was conducted by Dr. Miranda Melcher whose doctoral work focused on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars.
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Podcast: Cambridge American History Seminar Podcast
Episode: Prof. Angus Burgin: "From the New Economy to Neoliberalism" - 21/11/22
Pub date: 2022-11-24
This week, Professor Angus Burgin discusses his paper, "From the New Economy to Neoliberalism" with PhD students Sam Pallis and Hugh Wood.
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Podcast: The Taxcast (LS 36 · TOP 2.5% what is this?)
Episode: Uncommon Wealth and the 'boomerang effect'
Pub date: 2022-11-18
In this episode, Taxcast host Naomi Fowler discusses sovereignty, the 'boomerang effect' and the relevance of the 'Third World Movement' today to our global economic system, with Dr Kojo Koram, author of Uncommon Wealth: Britain and the Aftermath of Empire. "Decolonisation, from the 1950s and 1970s, was quite simply the greatest multiplication of democratic power that the world has ever seen"
Plus, we look at two big failures this month:
- the collapse of crypto exchange company FTX (secrecy jurisdictions, enablers, investigations...)
- the Tax Justice Network writes an open letter to alert the G20 to the failings of the OECD as global tax rule-setter, as they miss another deadline.
A transcript of the podcast is available here: (Some is automated) https://taxjustice.net/wp-content/uploads/2022/11/The-Taxcast-transcript-Nov-22-1.pdf
"The kind of loss of feeling of control in the United Kingdom, that loss of feeling of sovereignty, that loss of feeling of democratic accountability is connected to the erosion of sovereignty and erosion of democratic accountability that was allowed to happen to the former colonies of particularly the British Empire but all empires. What happens in the colonies doesn't simply stay there, but it comes back on the homeland and it starts to impact how its economy, its society, and its politics operates. And I think that's a lot of what we see in Britain right up until today.”
Featuring:
- Dr Kojo Koram of Birkbeck, University of London and author of Uncommon Wealth: Britain and the Aftermath of Empire.
- Alex Cobham, Tax Justice Network
- Professor Nouriel Roubini speaking in the UAE
- Taxcast host and producer, Naomi Fowler, Tax Justice Network
Further reading:
- Kojo Koram's book Uncommon Wealth: Britain and the Aftermath of Empire is published by John Murray Press: https://uk.bookshop.org/books/uncommon-wealth-britain-and-the-aftermath-of-empire/9781529338621
- Governments can recover billions from tax havens by publishing withheld transparency data https://taxjustice.net/press/governments-can-recover-billions-from-tax-havens-by-publishing-withheld-transparency-data/
- UN Secretary General signals support for UN tax convention: https://taxjustice.net/press/un-secretary-general-signals-support-for-un-tax-convention/
- Tax Justice Network's Open letter to G20 on OECD failure to deliver on G20 mandates https://taxjustice.net/2022/11/15/open-letter-to-g20-oecd-failure-to-deliver-on-g20-mandates/
- Why Didn't the Government Stop the Crypto Scam? by Matt Stoller: https://mattstoller.substack.com/p/why-didnt-the-government-stop-the
- The World Series of Crypto Rackets, by Judd Legum: https://t.co/wEh4TihGYz
- Seven politicians are returning FTX's tainted money — others are keeping quiet, by Judd Legum and Rebecca Crosby: https://popular.info/p/seven-politicians-are-returning-ftxs
WATCH ~ BOOMERANG: Empire and Britain's economy (featuring Kojo Koram): https://youtu.be/kmOK4tNc31A
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Podcast: Upstream (LS 52 · TOP 0.5% what is this?)
Episode: A Left Answer to Inflation with Hadas Thier (In Conversation)
Pub date: 2022-11-08
Far from being some kind of transcendent economic phenomenon originating from higher realms of monetary physics that are indecipherable to us mere proletarian mortals, the economy is actually pretty straightforward and easy to understand — it’s mostly just politics. And that’s still true when it comes to purposefully mystified topics like inflation — particularly to how policymakers respond to inflation — it’s all just politics. Decisions made by those in power.
But the thing is right now the decisions about how to respond to inflation are being made by a class of people whose job it is, under capitalism, to make sure that the economy works for just one small group of people: capitalists. There is, of course, an alternative — and that alternative is one that would look a lot better for the vast majority of us.
In this Conversation we take a deep dive into inflation: what it is, what’s driving it, what’s wrong with the current response to it, and what a left response to inflation would look like.
Hadas Thier is a writer, journalist, and activist based in Brooklyn, New York. We had her on the show earlier this year to talk about her book, A People's Guide to Capitalism: An Introduction to Marxist Economics, and for this Conversation we’ll be talking about her latest article for In These Times, titled “A Left Answer to Inflation.”
Thank you to The Limeliters for the intermission music and to Bethan Mure for the cover art. Upstream theme music was composed by Robert Raymond.
Related Conversations / Further listening: Inflation with Richard Wolff and Dean Baker (In Conversation)
This episode of Upstream was made possible with support from listeners like you and by the Guerrilla Foundation and Resist Foundation. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support
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Podcast: Macro N Cheese (LS 43 · TOP 1% what is this?)
Episode: The Trinity of Austerity with Clara Mattei
Pub date: 2022-11-12
“Austerity is the best weapon they have to try to convince. And if they can't convince, they can't coerce. So in my book, I say austerity plays with a double strategy: coercion and consensus.”
Clara Mattei is the author of The Capital Order: How Economists Invented Austerity & Paved the Way to Fascism, published this month. Steve Grumbine, who uses the Twitter display name “Austerity is murder,” was drawn to her position that austerity is not just bad economic theory prescribing bad economic policy. That is a simplistic framing that ultimately depoliticizes austerity.
Many on the left tie the birth of austerity to the birth of neoliberalism – which some identify with Reagan/Thatcherism, while others say it goes back to Jimmy Carter and the 70s. Clara traces it back a full century, to the years immediately following the First World War, when capitalism was in crisis. It’s no coincidence that WW1, the Bolshevik revolution and the dawn of fascism all occurred during this period. The post-war period was full of socialist stirrings in Europe and the US. Squashing them required a brutal economic response.
US and British capitalists openly celebrated the defeat of labor at home and expressed admiration for Mussolini. The head of the Bank of England wrote to Jack Morgan (son of Pierpont), "Fascism has surely brought order out of chaos over the last few years. Something of the kind was no doubt needed if the pendulum was not to swing too far in quite the other direction.” The alliance of liberalism and fascism in its diverse forms should not be a surprise; they are achieving the same ends. To understand austerity, don’t look to the form of government. Look to capitalism itself.
We are reminded there are class antagonisms between countries as well as within. When the US exploits and plunders other nations, it is acting on behalf of the ruling class – the same ruling class that is exploiting American citizens and plundering our communities.
Clara says, “If you look at austerity just as a tool to manage the economy, which is a typical stance that most Keynesians take, then you cannot really understand why austerity is so persistent and present and structural to our societies.” Austerity is required to enforce society's organization by class divisions, based on wage labor and exploitation. Destabilizing the economy in terms of economic growth is necessary to preserve the capital order.
Clara E. Mattei is an Assistant Professor in the Economics Department of The New School for Social Research and was a 2018-2019 member of the School of Social Sciences at the Institute for Advanced Studies. Her research contributes to the history of capitalism, exploring the critical relation between economic ideas and technocratic policy making.
@claraemattei on Twitter
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Podcast: Latin Waves Media
Episode: John Holloway on his book Crack Capitalism
Pub date: 2022-11-15
John Holloway (born 1947) is a lawyer, Marxist-oriented sociologist and philosopher, whose work is closely associated with the Zapatista movement in Mexico, his home since 1991. It has also been taken up by some intellectuals associated with the piqueteros in Argentina; the Abahlali baseMjondolo movement in South Africa and the Anti-Globalization Movement in Europe and North America. He is currently a teacher at the Institute for Humanities and Social Sciences at the Autonomous University of Puebla.
John Holloway author of Crack Capitalism and Changing the world without Taking Power speaks of the role of the individual in perpetuating a system based on capital and consumption. As John puts it, the question we should be asking is Not how do we defeat capitalism but Why do we keep reproducing it everyday
Support Latin Waves by becoming a member for as little as $1 per month. www.latinwavesmedia.com
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Podcast: New Economics Podcast (LS 51 · TOP 0.5% what is this?)
Episode: How we win a new economy - changing the rules
Pub date: 2022-11-07
Note to listeners: this episode was prerecorded in September 2022.
Over the last five episodes we’ve looked at how the UK is being torn apart. Our economy is built on huge inequalities: between working people and big business, between families and fossil fuel giants, between tenants and landlords, and between marginalised groups and law enforcement.
Are such massive divisions in our society inevitable? Can we share the wealth hoarded by the rich? And what do we need to do to build a better future?
Ayeisha is joined by Jeevun Sandher, head of economics at the New Economics Foundation, and political economist and author of The Case For A Green New Deal Ann Pettifor.
- Subscribe to Ann's substack, System Change, here: https://annpettifor.substack.com/
Music by Chad Crouch and Podington Bear, used under Creative Commons licence.
Researched by Margaret Welsh. Produced by Becky Malone.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org
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Podcast: Chat Lounge
Episode: The rise of silver economy in China
Pub date: 2022-11-11
Dealing with an aging population is one of the big topics at this year's China International Important Expo in Shanghai. A report prepared by China's State Information Center and released at the Expo finds more economically advanced areas in China are in general better prepared to cope with an aging society.
Are Chinese policy makers responding fast enough to an aging population? What are their plans for a silver economy? Host Liu Kun is joined by Zheng Zhenzhen, Professor of Population and Labor Economics of Chinese Academy of Social Sciences; Dr. Yao Shujie, Chueng Kong Professor of Economics, Chongqing University; Andy Mok, Senior Research Fellow at the Center for China and Globalization.
The podcast and artwork embedded on this page are from China Plus, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Open Source with Christopher Lydon (LS 55 · TOP 0.5% what is this?)
Episode: Polycrisis
Pub date: 2022-11-04
Finally, there’s a word for it: the polycrisis, to describe the multiple messes we’re in. Our guest the historian Adam Tooze says it’s a polycrisis when old crises like war, weather, and disease are breeding deadly new variants of anxiety and danger. It’s a polycrisis when you feel the old world you knew is undergoing not change but transformation. It’s symptomatic of the polycrisis that the three giant military powers in the world today sit apart and aloof, each one suffering its own identity crisis, each one on the defensive about looking and acting so aggressive. You’re feeling this polycrisis when you realize you can’t go home again, because home’s not there anymore.
Adam Tooze.
Adam Tooze is our rat-a-tat talker on the tightrope, our English-American historian of this age of waking nightmares: pandemic, mega-storms, migration, inflation, grain war, energy war, “war war” in Ukraine. He’s our polymath in what he has just decided to call the polycrisis. The “poly” part refers not just to many crises but to the variety of shapes and sizes and origin stories that come with the disruption. Together they are transforming the world faster now than ever in history, he says. But they are not together, meaning that no common remedy will treat them. One more key thing about the polycrisis, Adam Tooze will tell you, is that nobody really has a handle on this monster: not the bankers, or the military men, or the experts, not even Adam Tooze.
This is the latest installment of In Search of Monsters, our limited series collaboration with the Quincy Institute for Responsible Statecraft. The Quincy Institute and the American Committee for U.S.-Russia Accord recently hosted a discussion with Ambassador Jack Matlock, Svetlana Savranskaya, and Tom Blanton from the National Security Archive on the lessons of the Cuban Missile Crisis. The full discussion is available on quincyinst.org— but here are some excerpts.
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Podcast: theAnalysis.news (LS 42 · TOP 1% what is this?)
Episode: Repairing a Fractured World Economy?
Pub date: 2022-11-02
&&&&&&&&
Richard Kozul-Wright describes the current state of global economic disorder, as presented in UNCTAD’s Trade and Development Report, and discusses the possibility and limits of effective regional responses. Lynn Fries interviews Richard Kozul-Wright on GPEnewsdocs.
Not Much Climate Plan in Biden Jobs Plan – Robert Pollin
Big Tech Censorship and Defying Offical Narratives – Paul Jay and Joe Lauria at the World Ethical Data Forum
Does the U.S. Owe Reparations to Afghanistan, Should U.S. Troops Leave? – Bennis & Wilkerson
Mark Blyth – An Inflated Fear of Inflation?
E.U. is Split Over “Strategic Autonomy,” China and U.S. Hegemony – with Mark Blyth
Is US Support for Vaccine Patent Waiver Window Dressing?
Bill Black pt 1/9 – The Best Way to Rob a Bank Is to Own One
Israel’s War on Palestine – Ali Abunimah
Liz Cheney & GOP: A Split Between the Hard Right & Far Right
Abby Martin’s “Gaza Fights for Freedom”
Colombia Enters a New Phase of Popular Mobilization
Biden Continues the US War on Cuba
Chomsky: Defeat Trump and Build a Popular Movement\
Vijay Prashad: Cut the Umbilical Cord to the Democratic Party
Pollin: Nationalize Fossil Fuels and Create Public Banks
Is Voting for Biden the Lesser Evil?
Thomas Ferguson: Big Business Takes Cash as Workers Laid Off, States and Cities Go Bust
The Irrationality of the System Has Been Fully Revealed – Leo Panitch
Trump a Unique Danger; Unaccountable to Ruling Elites or Public – Phyllis Bennis
Catching the Next Cosmic Wave – The Last Interview of Ambassador Joe Wilson pt6/6
Religious Fanaticism and the War Machine – The Last Interview of Ambassador Joe Wilson pt 5/6
Pope Francis Targeted by Homophobes and Right-Wing Steve Bannon Allies – RAI with Matthew Fox (1/8)
Is Pope Francis Doing Enough to Root Out Sex Abuse in the Church? – RAI with Matthew Fox (2/8)
Trump and New Imperialists Want a Pax Americana – The Last Interview of Ambassador Joe Wilson pt4/6
Marx, Catholicism and the Struggle for Justice – RAI with Matthew Fox (3/8)
“Shit or Shit Lite” – The Man Behind Juice Media Satire
Original Sin and the War on Liberation Theology – RAI with Matthew Fox (4/8)
Targeted by the Inquisition – RAI with Matthew Fox (5/8)
Was the 1990 Gulf War Justified? – the Last Interview of Ambassador Joe Wilson pt3/6
Sexuality and the End of the Catholic Church – RAI with Matthew Fox (6/8)
Sometimes Denial is Comforting – Rob Johnson
Bush-Cheney-Rumsfeld Guilty of War Crimes – Ambassador Joe Wilson’s Last Interview pt2/6
Coming to Terms With One’s Religious Past – RAI with Matthew Fox (8/8)
Cuba, Covid and Sanctions – James Early
Trump & Neocons Want to Destroy Iranian Society – Trita Parsi
Murder of George Floyd Rooted in American Slave System – Gerald Horne
Bill Black: Cities Face Catastrophe; Finance a Cancer on Real Economy
Sacrificing Workers Lives is Back to Work Plan – Paul Jay
The Promise of the Moment – Adrienne Dixson
The Promise and Limits of Black Lives Matter – Cedric Johnson
Revolutionary Youth Movement Shakes Iraq
Will Unions Respond to the Pandemic Moment?
Canada Lost UN Vote – Some Canadians Cheered
Assange, Sheldon Adelson, and the CIA – Max Blumenthal
Canada vs USA, Public vs Private Healthcare – Mario Seccareccia
Community Control Vs. Defunding the Police
Working Class Solidarity is Growing – Frank Hammer
Does Public Banking Work? – Ellen Brown
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Who Will Win – a Conscious People or Anti-Democratic Elites? – with Paul Jay
Trump “Peace Deal” a Front for War – Phyllis Bennis
Trump’s ‘Patriotic Education’ A Call for White Supremacy and Fascism
Juice Podcast with Noam Chomsky
Steve Bannon Says War Begins on Nov. 3rd – a podcast with Col. Lawrence Wilkerson
A Massive People’s Movement Can Prevent Trump Stealing the Election
Why Criticize Biden Now, When Trump Fascism is a Threat? – with Paul Jay
The Global Police State
The Significance of the “Shit Show” Debate – Panitch, Day, Horne & Jay
How Deep Will the Depression Get? – Rana Foroohar and Mark Blyth
Daniel Ellsberg on the Assange Extradition and Growing Fascism
A Desperate Trump Will Do Desperate Things – Larry Wilkerson
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Trump Says Socialism is His Enemy – He’s Right
Don’t Rely on Corporate Democrats to Fight the Right
Arms Sales and Diplomatic Cover – Trump Good for Bulgarian Corruption
Left Wins Bolivian Presidential Election, Despite Coup and Repression
Bolivia’s Election Result Embarrasses the OAS Yet Again
Progressive Cathy Kunkel Running for Congress in West Virginia
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Without Illusions, the Left Should Vote for Biden – Paul Jay
Biden vs Trump on Foreign Policy – Medea Benjamin
Tax dollars Promote Canadian Arms Exports – Yves Engler
Biden is Not on the Left, But There is a Difference That Matters – Abby Martin
Why did Labour Suspend Corbyn? – Leo Panitch
States and Cities Should Raise Property Taxes – It’s Progressive!
Climate Crisis Deciding Factor in Election – Robert Pollin
Financialization and Deindustrialization – Michael Hudson
Avoiding Another Lost Decade – Richard Kozul-Wright (pt1/4)
Trump vs Biden on Foreign Policy – Abby Martin
What is to be Done to Save the Planet – Robert Pollin
The Case for a Wealth Tax Seems Irrefutable – Richard Kozul-Wright (4/4)
A Judicial Coup Unlikely, but Far Right Far From Gone – Larry Wilkerson
Time to End the “Ceasefire” – Gerald Horne
What’s the Matter with America? – Thomas Frank
A Dangerous Moment for the Democratic Party – Matt Taibbi
Was Pompeo Serious? Who will (or Should) Run Biden’s Foreign Policy? – Phyllis Bennis
Look Back in Anger (at the 07/08 Crash) Richard Kozul-Wright (pt2/4)
Trump’s Coup, Biden’s Dilemma, and the Chinese Challenge – Foroohar and Blyth
Elliot Abrams Tries to Tie Biden’s Hands on Iran – Trita Parsi
The “Fair Wage” Fiction – Richard Kozul-Wright (3/4)
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WTO Protects Intellectual Property Rights Over Lives of Millions
Election Crisis and the Electoral College
The Bosses of the Senate
Potential Biden Cabinet Picks Lean Right
Trump’s Moves at Defense and Biden’s Picks for Cabinet – Larry Wilkerson
Are Bankers Essential Workers Doing “God’s Work?” – Gerald Epstein
Empire Update: Afghanistan/Somalia Withdrawal Scam; Trump Weighs WWIII – Abby Martin
Economics Not Culture Wars Drove Most Trump Voters – Thomas Ferguson
Juice Media Take Down of QAnon – we wish it was just satire
Are “Net-Zero” Emissions a Smoke Screen?
How Trump and Pompeo’s Efforts to Equate BDS with Anti-Semitism Backfires
Empire Update: Did Trump Order Iran Assassination? – Abby Martin
Peoples’ Lives vs. Profits of Pharmaceutical Monopolies – GPE Newsdocs
Democrats Stuck Between “BlackRock and a Hard Place” – Rana Foroohar and Mark Blyth
The Decline of American Journalism – Robert McChesney
Is Restoring Soil a Climate Solution?
Divisions in Democratic Party Based on Interest, Not Tactics – Norman Solomon
Biden’s Scary Foreign Policy Picks: A Blast From War Crimes Past – Abby Martin
The Democratic Party and the War Machine – Vijay Prashad
No Evidence of Massive Russian Hack – Larry Wilkerson
Polarization, Then a Crash: Michael Hudson on the Rentier Economy
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Matt Taibbi and Norman Solomon on the Progressive Movement and Rising Fascism
Racism and a Failed Coup – Gerald Horne
Financialization, Fascism and the Jan 6th Riots – with Paul Jay
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The Threat of Nuclear Weapons with Noam Chomsky
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The Global Consequences of Jan. 6 and the Mass Base of Fascism – Gerald Horne
Jan 6th, Fascistization, and Education – Henry Giroux
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Trump’s Treason and McConnell’s Mayhem – Paul Jay
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January 6th was the Final Act of a Failed Coup – Paul Jay
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US Bombing in Syria Illegal; Biden Should Rejoin Iran Agreement Now – Bennis/Wilkerson
The Climate Crisis and the Global Green New Deal – Bob Pollin
Biden’s China Policy: A More Polite Trump – Amb. Chas Freeman
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10 Things Wrong With Biden’s Foreign Policy – Medea Benjamin
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Haiti’s Century of US Coups, Invasions & Puppets – Abby Martin
News Corp Bargaining Code – Biting Satire From Juice Media
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Modest Inflation is Good for Workers – Bob Pollin
Unanswered Questions About the Jan 6 Coup Attempt – Paul Jay
Bill Black pt 3/9 – The Best Way to Rob a Bank is to Own One
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Who Rules Israel – Shir Hever pt2
Matt Taibbi on Reality Asserts Itself pt1
The 2021 Corporate Bamboozle On World Food Systems
A New Beginning for Bolivia
Bill Black pt 4/9 – The Best Way to Rob a Bank is To Own One
Haiti: Canada & U.S. Support Coups and Dictators
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Bill Black pt 5/9 – The Best Way to Rob a Bank is to Own One
Biden’s Venezuela Policy: Continuity with Trump
Lula Returns as Covid Runs Wild in Brazil
Matt Taibbi on Reality Asserts Itself (pt2)
The Butcher of Attica – Michael Ratner on Reality Asserts Itself Pt 4/7
Puerto Rican Independence Movement and Cuba Further Radicalized Me -Michael Ratner on RAI Pt 5/7
A Warning of a Neocon Conspiracy – The Last Interview of Ambassador Joe Wilson pt1/6
Fighting Reagan’s Secret, Illegal Wars – Michael Ratner on Reality Asserts Itself Pt 6/7
Juice Media Satire: Australian “Values”
Bill Black pt 8/9 — The Best Way to Rob a Bank is to Own One
Moving Towards a Police State – Michael Ratner on Reality Asserts Itself Pt 7/7
Stalin and the USSR – Alexander Buzgalin
The “Unfriendly” Dictator of Belarus
The Vietnam War was a Seminal Event for Me – Michael Ratner on Reality Asserts Itself Pt 1/7
How Billionaires Pay Millions to Hide Trillions – Chuck Collins
Bill Black pt 6/9 – The Best Way to Rob a Bank is to Own One
MLK and a Radicalizing Moment in American History – Michael Ratner on Reality Asserts Itself Pt 3/7
U.S. Sanctions Strengthen Iranian Theocracy – Hamid Dabashi
Toronto G20 – A Model for Repressing Mass Protest
To Get Us Out of Poverty, We Need a Massive Infrastructure Plan – Ann Morrison / Wisconsin
Is Another World Possible – Leo Panitch on RAI Pt 4/4
Is BDS Effective Strategy? – Shir Hever Pt 3/3
The Doomsday Machine: The Big Lie of the Cold War – Daniel Ellsberg on RAI Pt 1/13
Bill Black pt 7/9 -The Best Way to Rob a Bank is to Own One
Truman Delayed End of WWII to Demonstrate Nuclear Weapons – Daniel Ellsberg on RAI Pt 3/13
Russian Doomsday Machine an Answer to U.S. Decapitation Strategy – Daniel Ellsberg on RAI Pt 5/13
U.S. Planned Nuclear First Strike to Destroy Soviets and China – Daniel Ellsberg on RAI Pt 6/13
The Radical Ferment of Winnipeg’s Jewish Socialist Politics – Leo Panitch on RAI Pt 1/4
The Largest Act of Terrorism in Human History – Daniel Ellsberg on RAI Pt 4/13
The Left Wins Peru’s Presidential Election
U.S. Refuses to Adopt a Nuclear Weapon No First Use Pledge – Daniel Ellsberg on RAI 7/13
I Think I’m a Marxist – Leo Panitch on RAI Pt 2/4
Once Fired, There’s No Calling a Nuke Back – Daniel Ellsberg on RAI Pt 8/13
The Rise of Jeremy Corbyn and Class Struggle in the UK Labour Party – RAI with Leo Panitch Pt 3/4
A Strategy of War Crimes, Killing Civilians to Win a War – Daniel Ellsberg on RAI Pt 10/13
Hegemony Abroad Requires a Security State at Home – Ray McGovern Pt 2/2
Dismantle the American Doomsday Machine – Daniel Ellsberg on RAI Pt 12/13
Convert Military to Green Production, or Perish – Daniel Ellsberg on RAI Pt 13/13
Why the Right Attacks Critical Race Theory – Gerald Horne
Hitler Wouldn’t Risk Doomsday, But The United States Did – Daniel Ellsberg on RAI Pt 2/13
The Discovery That Should Have Changed the Cold War – Daniel Ellsberg on RAI Pt 9/13
The Doomsday Machine and Nuclear Winter – Daniel Ellsberg on RAI Pt 11/13
The Rise of Authoritarianism in Eastern Europe – Pt 2/2 The Barricade
From Priesthood to Actor to Activist – Gabriel Byrne on RAI Pt 1/4
The Miners Strike Taught Me to Think Critically – Gabriel Byrne on RAI Pt 2/4
Corporate Media Perpetuates Climate Science Denial – Gabriel Byrne on RAI Pt 4/4
Confessions of a New York Times Washington Correspondent – Bob Smith Pt 1/2
An Earned Insurgency – Bob Moses on Reality Asserts Itself Pt 7/9
‘We the People’ Force Confronts Democratic Party Leadership in ’64 – Bob Moses on RAI Pt 9/9
The Constitutional People and Slavery by Another Name – Bob Moses on Reality Asserts Itself Pt 8/9
Founding SNCC and Taking on Mississippi – Bob Moses on Reality Asserts Itself Pt 4/9
Clinton, Blair, and Obama Destroyed the Idealism of Politics – Gabriel Byrne on RAI Pt 3/4
The Respectable Face of Terror – Robert Moses on Reality Asserts Itself Pt 3/9
Can U.S. Remain an Asian Power? – Gerald Horne
Biden Reneged on Cuban Campaign Promise – James Early
Patriotism and Lynching – Bob Moses on Reality Asserts Itself Pt 2/9
The Road to Freedom Summer – Bob Moses on Reality Asserts Itself Pt 5/9
Fannie Lou Hamer and the Racist Dixiecrats – Bob Moses on Reality Asserts Itself Pt 6/9
Kennedy Was A Cold War Warrior to the Core – Glen Ford on Reality Asserts Itself Pt 5/5
The Kennedy Brothers Thought the Civil Rights Movement Was a Nuisance at Best – Glen Ford Pt 4/5
American Politics and the World Pt 2/2
RAI with Former Weatherman Bill Ayers Pt 2/3
Black Nationalism and the Peoples’ Movement – Glen Ford on Reality Asserts Itself Pt 3/5
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LYNN FRIES: Hello and welcome. I’m Lynn Fries producer of Global Political Economy or GPEnewsdocs. Joining me is guest, Richard Kozul Wright. We are going to be talking about UNCTAD’s 2022 Trade and Development Report, TDR.
Richard Kozul-Wright is Director of the Division on Globalization and Development Strategies, GDS at the United Nations Conference on Trade and Development, UNCTAD. The GDS division produces the annual Trade and Development Report as UNCTAD’s macroeconomic unit responsible for providing original research, economic policy advice in tandem with technical assistance to UNCTAD Member States.
Kozul-Wright is UNCTAD’s chief economist and lead author of the Trade and Development Report. He has published widely on economic issues and his most recent book, co-authored with Kevin Gallagher, is titled The Case for a New Bretton Woods. Welcome, Richard
RICHARD KOZUL-WRIGHT: Thanks for the invitation, Lynn.
FRIES: So, Richard, we we’re going to be talking about the 2022 TDR. But first, we should note that this year’s Trade and Development Report, like every other TDR since first launched in 1981, has been swimming against the tide.
So, very briefly comment on what that means and the broader context of what in 1964 UNCTAD was created to address that’s so relevant into the present and specifically this year’s TDR.
KOZUL-WRIGHT: Yeah. In 64 obviously when we were created UNCTAD was very much the voice for developing countries on multilateral issues, in response to all the weaknesses and biases in the system that was created at the end of the Second World War. And that obviously was strongly focused on biases and asymmetries in the trading system: the whole challenges around commodity exporting countries and the problem with the terms of trade and balance of payments problems.
But not only that, I mean, UNCTAD from its inception was focusing on the financing challenges, on the technological challenges that face developing countries as they moved from being politically dependent to being independent economies.
And very much, UNCTAD at that time was really looking to reform the existing system. It was not looking to undermine the existing system. It was looking to find ways to make that system work better for developing countries. And that culminated in efforts to create a New International Economic Order that was launched at the United Nations in 1974. And UNCTAD was very much the intellectual backstopping of that initiative.
As we know that initiative was grounded in the early 1980s as the global economy shifted onto a very different type of economic path. We look for words to describe that. Neoliberal is the one that is often used to describe the shift away from the kind of managed economies of the postwar period to one in which markets became a much more dominant factor in dictating the kind of economic opportunities for countries at all levels of development.
The Trade and Development Report because it was born in 1981 soon after Ronald Reagan took the reins at the White House, we’ve been contesting that shift in the direction of policy making and the rules of the international economy that followed along with that.
So, we have particularly focused on the way in which unregulated financial markets have held sway over the policymaking and economic prospects of all countries but particularly developing countries during the last 40 years.
And so, we’ve moved from being an institution really that focused on fixing the rules of the game to an institution that is focused on contesting the rules of the game that emerged from that neoliberal shift in ideological thinking and policy making from the early 1980s onwards.
FRIES: The 2022 TDR presents a somber outlook in its prognosis for the world economy for this year and the next, across developed and developing regions. So briefly give us a picture of what you see as some of the main characteristics.
KOZUL-WRIGHT: I mean, in a certain sense, Lynn, we were swimming against the tide maybe until the Global Financial Crisis which was a quintessential failure not of government action per se or state intervention, but was a failure of markets, financial markets in particular. And a lot of talk at the time of the crisis and immediately afterwards that we would at long last be seeing reforms to the international economic system (along the lines that UNCTAD and other people have been arguing for over the last 20 or 30 years) didn’t happen.
And the decade after that was one of very tepid economic growth. There were a lot of problems with accumulating debt in developing countries. There were problems with wage stagnation in the advanced economies. But finance continued to dictate the kind of direction of the economy. The response to the crisis was for central banks to really hose the runway for capital to continue its footloose activities across the global economy.
And again, you know, that was clearly producing tensions at the end of the decade. We warn back in our 2019 report that unless the tensions and asymmetries that had been building up over the post-crisis period were addressed quickly that many developing countries would be facing a lost decade in the twenties.
Now the COVID shock opened up the possibility, it seemed to us, of again revisiting the rules of the international economy in a way that would produce fairer and more stable outcomes, particularly for developing countries but we would argue for all countries. And so a year ago, that persisted.
That sense of building back a better world was where we were a year ago, in the middle of 2021. The concerns were that some developing countries didn’t have the fiscal space to make the necessary adjustments to the COVID shock. But there was a real expectation that, again, this time we were going to do things differently in terms of managing the global economy.
And the last year has seen this dramatic, quite dramatic shift away from that kind of language, from the language of resilience and fairness, to where we are now. Which is in a global economy that is on the edge of recession.
With central bankers, again, dictating the direction of policy making responding to the increased cost of living in the way that central bankers only can. Which is to believe that the problem is one of too much money chasing too few goods. And that the only way in which you could handle that was would be through a sharp monetary shock: rising interest rates, normalizing central bank balance sheets. That’s happened very, very quickly.
And we argue in the report with potentially very damaging consequences for not only the advanced economies whose central banks are essentially in charge of global monetary policy but particularly for developing countries.
And so, whilst a slowdown in the global economy was expected this year from the rapid bounce back of 2021 after the lockdowns were ended. And the vaccine was rolled out, unevenly as we know, but rolled out. So, we have this combination now of a rapidly slowing global economy, particularly the advanced economies. And rapidly rising interest rates with the real danger that this will tip the global economy into a full-blown recession with real damaging consequences for developing countries.
FRIES: So, when the US Fed responds to the cost-of-living crisis as you said by hiking interest rates that affects all regions. Rapidly rising interest rates and in some cases the risk of an associated currency mismatch makes life harder for borrowers. The report shows that while all regions are exposed to these kinds of risks, it argues that developing countries are the most exposed. Can you elaborate more on this point that you’ve been making?
KOZUL-WRIGHT: Yeah. Developing countries, as I said, accumulated debt in the period after the Global Financial Crisis. It was not an irrational decision. Real interest rates were either zero or negative and it made sense in many respects to borrow on international capital markets. And they were willing to lend often to countries that had not in recent years been able to borrow on those markets.
So, a lot of debt was accumulated in the decade after the financial crisis. And as the fiscal squeeze tightened during COVID they borrowed more to maintain some sense of economic normalcy. Now, again, interest rates, as you know, remained particularly low during the COVID period. And again, there were reasons why developing countries, should do that.
We’ve entered now a very different world of rising interest rates. And there’s a very, very serious danger now of a vicious circle taking hold in which, as interest rates rise, international investors become nervous about the investments they’ve made in the developing world. There’s a flight to safety, often to the deeper financial markets in the United States. That produces impacts on the dollar. The strengthening of the dollar has been a notable feature of the last few months.
And for developing countries that borrow in dollars, the pressure of a rising cost of borrowing and their declining currency potentially very dangerous, squeeze on, on their economic prospects. And that’s already happening.
Some countries have, for a while, been saved by relatively vibrant commodity markets. But for those countries that are net importers of food or fuel, that’s an additional burden when it comes to their payment position.
So, there’s a real set of forces even before the war in Ukraine further ramped up some detrimental effects on global economic prospects, where developing countries were clearly staring into very dangerous economic waters.
As developed country central banks continue with their policy of raising interest rates in the hope, we think a false hope that will squeeze out inflation. Then the coming year for many policymakers in the South is a very, very troublesome one.
Now on top of that, the threat of climate shocks, as we know, is intensifying. And we saw that recently in the case of Pakistan. Where the floods covering a third of the country, with billions of dollars’ worth of damage caused by that, adds another layer of uncertainty and damage to countries in the developing world.
And you know, this is what people are now referring to as a polycrisis facing developing countries on the economic, environmental, social, and indeed political fronts is a very, very worrisome situation.
The international community, I mean, certainly the institutions of global economic governance that were set up to provide safety nets for countries facing these kinds of troubles just does not seem to be fit for the purpose of meeting the kinds of compounding challenges that many countries are now facing.
FRIES: So, Richard, you’ve given us a picture of the short term. Let’s turn now to the medium to long term prospects for the world economy. So, global growth, financial stability, environmental sustainability, and also development in the South.
In the TDR you propose a modelling scenario that extends the current conditions into the future. So, a continuation of a status quo in which policy makers don’t break from the orthodox playbook. Please give us some idea of the assumptions of this scenario and the outcomes.
KOZUL-WRIGHT: Well, there is a business as usual model that will simply go back to the kinds of policies that we saw in the period following the Global Financial Crisis. Which puts a strong emphasis on monetary policy; lack of coordination between monetary and fiscal policy; a strong emphasis on the need for flexibility of markets; adjustment for countries that come under balance of payments pressures by the indebted country with no real demands placed on the creditor countries. The familiar playbook that we’ve seen in place before COVID hit.
And as we try and model that kind of policy regime and its impact on developing countries, we see a particularly weak pattern of economic growth, weak employment generation for developing countries. That means a continuation of a large, informal sector of low wages and limited protection for workers.
And very little hope, under those kinds of conditions, of countries meeting the sustainable development goals. And perpetuating their vulnerability to climate shocks; and certainly, no sign of a meaningful transformation in the structure of their economies in a way that is consistent with the need to move away from a carbon-based growth path.
So, that’s what we understand to be the business as usual type strategy.
And in light of the fact that this does not deliver on the kind of transformative, sustainable, more inclusive outcomes that the international community has set itself, we argue that we need to see a very fundamental change in the kinds of policy programs that all countries, but particularly developing countries, need to pursue over the coming decade.
And, you know, that means a break with austerity. We need a much more expansionary type of macroeconomic environment. Wages need to take a much more prominent role in leading the expansion. Cutting wages endlessly in the hope that you will gain a competitive position in the global economy is ultimately a zero-sum game.
And so, a shift to a much more balanced monetary and fiscal policy regime in which all monetary and fiscal levers are used to underpin a more expansionary agenda.
We understand in that context, particularly when it comes to meeting climate goals, that there needs to be a much more prominent role for public investment in shifting the structure of economies. I mean, and that’s obviously true when it comes to moving into different types of energy systems.
A more efficient use of that energy in the different sectors of the economy, but also when it comes to the provision of transportation and the range of utilities that make up a balanced economy which need to be provided by the public sector and have suffered over the last decade or more from a mistaken ideology around Public Private Partnerships and blended finance. And other miracle cures that have not delivered on those kinds of promises. So, we offer a scenario and try to model a scenario in which countries begin to follow that kind of policy regime rather than the business as usual model that has failed to deliver over the last decade or more.
What we’ve tried to do in this report is to emphasize the importance of greater South-South cooperation as offering a framework in which those kinds of policies can really take hold in a more effective way than has been the case in recent years.
You know, as we look at the evolution of the global economy over the last 20 or 30 years, I mean, it’s clear that the weight of developing countries in the global economy has increased. If you look at their share in global output, or if you look in their share of global exports or in their share of global foreign direct investment, there’s been this significant shift towards developing countries as being much more important players and contributors to global growth than was true 40 or 50 years ago. I mean, that’s clear.
A lot of that, as we know, is down to China. But it’s not just a China story. The emerging economies, particularly in the first 12 to 15 years of this new century were significant contributors to global growth. That opens the opportunity, we think, for those countries rather than to fixate on their relationship with the advanced economies, to find greater opportunities to integrate with each other in a way that can support the kind of positive policy agenda that I outlined.
And in the process, create the kinds of virtuous circles in which: expanding markets, rising incomes, rising investment, increased productivity performance feeding into greater markets within the South can become a more visible part of the global economy, I think. And we model that in this year’s report.
We do show that under the right circumstances that increased cooperation amongst developing countries will indeed produce benefits in terms of employment, in terms of government revenues, in terms of investment, within the developing world.
We are very insistent as we try and outline that kind of alternative to the business as usual approach that it remains the case that in our interdependent world in which a lot of economic and political power continues to rest with the advanced economies.
We need a shift in the multilateral system if we are going to scale up the kinds of initiatives to meet the global problems that we face. That we all face. Particularly obviously with respect to climate. So, this in no way can be seen as a substitute for the kind of reforms to the international economic system that UNCTAD has been arguing for really since 1964 but with particular emphasis over the course of the last two decades.
So, the need to ensure that we have multilateral financial institutions that provide the kind of liquidity that developing countries need if they do face unforeseen economic shocks. Which of course should be the responsibility of the International Monetary Fund. And has not been done on the scale that is needed in response to the shocks that we’ve seen since the Global Financial Crisis.
But also, the need for a more reliable, cheaper long-term financing to make the kinds of productive investments that developing countries need to transform their economies in a more sustainable way. That has to come from the multilateral system in a much more scaled up way. And it’s not the case that increased South- South cooperation can somehow substitute for that need for much greater multilateral effort.
So, I think, what the South-South agenda does is point in a more positive direction to the kinds of reforms and initiatives that the multilateral system will need to follow if we’re going to achieve the kind of goals that the international community set itself in the last decade.
FRIES: So, as we have been discussing, the structures of the international system of finance and trade were designed under the hands-off, business as usual model. So as this international rules-based system put in place extensive deregulation since the 1980s all governments, but most especially less powerful governments so small and developing countries, lost what you call policy space.
If I understand it correctly, the idea of the South-led scenario is that by cooperating and integrating among themselves gives developing countries scope to regain policy space. In other words, within their respective regional arrangements governments would have room to pursue policies that do work towards a fairer outcome for all rather just find themselves constrained in having follow policies dictated by the so-called market forces. More appropriately called the concentrated market power of global finance and the multinational corporate structures that dominate the market under the auspices of the hands-off model.
You’ve already have given us a picture of vulnerabilities linked to power asymmetries in the context of the international system of finance. Let’s bring the international system of trade into the mix. And more specifically vulnerabilities linked to the concentrated structure of global production.
KOZUL-WRIGHT: The concentration of corporate power across economic activities has become a much more visible feature of the global economy over the course of the last decade or two. And we know that the vast bulk of international trade, for example, is controlled by a relatively small number of corporations.
And I know there’s a kind of fixation in some quarters about the need to support small and micro-enterprises as engines of economic growth in their possibilities. But these are not players in the international trading system.
So, taking on and tackling the asymmetries in the structure of production is certainly going to be a critical feature of the kind of alternative development path that we are talking about.
But again, that’s not a tension that is unique to developing countries. We’ve seen around the questions of digital corporate power, the need for policy makers in advanced countries to address the problems that that can cause them. That’s been true particularly in Western Europe in recent years around the issues of taxation, for example.
So again, a progressive agenda that can begin to forge a new kind of internationalism will need to take full account of the tensions and contradictions that the financialized and corporatized global economy has posed to advanced economies, since the new millennium.
Again, we can’t simply expect countries of the South acting together to provide by themselves to provide the kind of momentum for change. There have to be significant changes within the advanced economies themselves and their approach to international cooperation if we’re going to build a fairer and more sustainable future.
FRIES: Given your views on where we are now and this a continuation of three to four decades of the perpetuation of the business as usual model, what makes you think that this time around we could see a change in direction away from the status quo towards this more positive agenda that you describe as a virtuous circle?
KOZUL-WRIGHT: It is easy to look at what the advanced economies are doing, particularly in the international realm, and be very pessimistic about the prospects for the kind of changes that you just mentioned. But there are some reasons I think to have a more positive outlook.
And that comes from the fact that the advanced economies, since the the Global Financial Crisis, have in many respects been saying one thing about the need to maintain the status quo and doing something else. And we can see that particularly, for example, with the re-emerging debate around industrial policy.
Part of our scenario about a more inclusive and sustainable development path hinges on the far more extensive use of industrial policy than has been the case under the hands-off, business as usual type scenario.
And we’re seeing a far greater use of industrial policy in the United States. It’s often couched in a way that is not particularly progressive. So, the recent efforts of the United States to counter what they perceive as their falling behind East Asian countries, particularly China, but not just China in the area of semiconductors and certain types of new technologies, has forced the US into reassessing its own industrial policy.
The kinds of initiatives, I think that that implies, will and already are falling foul of the international trading rules that were designed under this hands off, business as usual approach.
You can’t do the kind of industrial policy that the United States is currently pursuing in a way that’s consistent with the rules of the Uruguay Round [World Trade Organization]. So that is going to force significant rethinking. I think, if I take a positive view of the international rules of the game with respect to trade and trade and investment agreements.
And the developing countries, who have suffered the most under those rules, need to kind of form a positive narrative out of their own experiences of closer integration with each other that can be used to make the international rules of the trading system work in a fairer and more inclusive way.
So, I think there are developments both within the South but also within the advanced economies that at least hold out the possibility of shifting the workings of the global economy in a direction that can deliver greater sustainability and fair outcomes for all.
FRIES: Again, if I understand it correctly, part of the strategy behind the South-led scenario is that when countries act as a bloc (in their respective region whether that be an African bloc or Latin American bloc) that can be a lever.
And as put in the report
Does that then mean political will, will be needed among policy makers in the South if they are going to leverage their shared interests and open that kind of space?
KOZUL-WRIGHT: Well, I mean, it’s political organization. I mean, it’s certainly the case that the developing world has not been able to make the gains that it needs to make because it has been fragmented itself. And that the need for it to build cooperation amongst itself is a critical component of forging the alternative.
And there are economic advantages to themselves from closer integration. That’s what we show in the report. That if they do forge these closer financial and technological ties, t here are real gains that they can make amongst themselves. And that needs to be exploited.
I think the second side of that story is whether in the process of building closer relations amongst themselves, they can leverage that to a change in the multilateral system that ultimately will determine for the global economy whether we do get the kind of inclusive, transformative, sustainable future that the international community has been promising itself since, certainly since the middle of the last decade with the initiatives around the Sustainable Development Goals and the Paris Climate Agreement.
So, yes. There are gains to be made from closer South-South cooperation. But I think the real challenge is to ensure that the kinds of solidarity that the South builds up through those kinds of closer arrangements translates to changes at the multilateral level, which will ultimately determine whether we achieve the kinds of goals we set ourselves.
FRIES: I will just quickly state the obvious and flag for viewers that the report details many more features that characterize ways the South led scenario breaks from business as usual than we can possibly talk about today. And that includes details on an agro-ecological model of industrialization where employment intensive and traditional agriculture are part of a coordinated effort to maintain a pace of agrarian transition that is consistent with industrialization, employment generation, food security and the need to avert environmental degradation.
So again, as we need to keep this conversation at a manageable length, let’s just focus today more specifically on the issue food security and how agrarian policy fits into a framework of a broader industrial policy consistent with sustaining employment in developing countries.
KOZUL-WRIGHT: Yeah, we have, again, tragically been exposed to the threat of food insecurity over the course of the last year. Hunger is on the rise again across large parts of the South. And, addressing that problem needs to think very hard about the kind of agrarian relationships that exist in the South and the vulnerabilities that exposes many countries to.
So, in our understanding of a sustainable growth path, I think it would be true to say that industrial development which has been on hold in many developing countries now for two decades or, or gone backwards, needs to be revved up to make the kind of transformation that we’re talking about.
But that should not come at the expense of other structural imbalances that continue to limit the economic possibilities that developing countries face. And we know that as agriculture has been hollowed out in the South, the consequences that has had in terms of the emergence of informalized urban economies is not a route for the kind of inclusive growth model that we think developing countries need if they’re going to meet the Sustainable Development Goals.
So there’s an intimate relationship between what happens in the agricultural sector and the possibilities of the kind of industrial development that developing countries we think still need to be able to pursue.
FRIES: The report also makes it clear that because you do not want to propose anything that is unfeasible the South-led scenario is based on modest assumptions. So, you are not ‘creating’ mechanisms from scratch. What you do is to intensifying existing mechanisms. You take existing arrangements and enhance them to the point that you think it is realistic and feasible.
For example, in the case of finance you propose scaling up the existing mechanisms for countries within their respective regions of the South to rely more than before in their own respective currency for trade between themselves. And to build common stocks of
reserves to help stabilization efforts and for greater scope in regional stabilization funds, etc.
So then within respective regions of the South, focus of this report is very much scaling up what is already in place.
KOZUL-WRIGHT: Yeah. You know, scale economies matter when it comes to a dynamic growth process. And developing countries have tended to think of those scale economies coming from their building closer ties with advanced economies. I mean, there’s logic to that.
All we’re saying is that there are huge opportunities to achieve economies of scale if developing countries integrate more closely with each other. So, you know that kind of mechanism is certainly critical for the growth path that we are outlining.
But, you know, there are certain things that can only be tackled through a reformed multilateral system. Of which the most prominent, of course, is the burden of debt. Obviously, China has emerged as an important creditor over the last decade or more. But the asymmetries in the creditor-debtor relationship remain fundamentally North-South; and with a much stronger role for private creditors in the relationship between advanced and developing countries.
And that’s a huge burden that unless it is lifted over the next few years will prevent the kind of progressive growth path that we try to outline in the report. And that will require some fundamental changes to the multilateral system if we are going alleviate that burden of debt on developing countries. That’s not something that can be solved by closer South-South cooperation.
FRIES: As further context to that and other asymmetries in the global economy and how it ties into the hands- off scenario, the TDR argues the hands-off scenario is tied into a vicious circle where increasing disparities of power, wealth and income lead to repeated crises followed by the mismanagement of those crises that further perpetuate an unequal and stagnant world economy.
As statistics to flesh that out, the TDR refers to two well-known deeply engrained trends. One, that the labor share or the wage share of income has been falling in advanced and in developing countries since the 1980s. And another, that government spending has been decreasing as a share of national income for four decades. And the flip side of those two trends being how from 1995-2015 the real benefits of global trade went to the profits of the corporate 1% who controlled over 50% of international trade. That reported in the 2018 TDR.
Can you expand on that?
KOZUL-WRIGHT: There’s a real challenge. One of the important points that we’ve tried to make consistently in recent reports is that the world economy as a whole has suffered from a shortage of global demand. And that part of the reason for that is that there has been a persistent tendency to repress wages. And to the point where wages in some countries have essentially become disconnected from any improvements in productivity growth.
I mean, that’s largely true of the world’s largest economy, the United States where wages, real wages at least, have been stagnant for decades. So there’s a case to be made for a wage led growth model that stimulates economic growth in a very virtuous type of circle.
I think that’s certainly true for advanced economies. And we would also argue it’s also true for many developing countries as well. So, that understanding of the growth dynamic lies behind a lot of what we have to say.
Now, you can make a case that rising profits can themselves offer a dynamic growth story if those profits are reinvested productively The China model to some extent is a model in which there has been a rising profit share in the economy. But there has also been a rising share of investment in overall output in income.
And that has been a major part of the success of the China story. Excessively so, some would argue. But without a shadow of doubt for a period of 30 years or more, that has been an important engine of the China growth story.
You don’t see that in the advanced economies. For the last 20 years, even as the share of profits in overall income has been rising, investment has been stagnant. It’s one of the great weaknesses of the hands off or the neoliberal agenda.
The neoliberal agenda was sold as being good for business and therefore good for investment and innovation. But when you look at the distribution of profits – this increased share of profits that are being made by large corporations, the vast bulk of it over the course of the last two decades or more has gone to buying back shares or allocating dividends.
The work of Bill Lazonick, for example, has shown that for the firms in the S&P 500 in excess of 90% of profits have been used for those two purposes. Not for reinvesting in capital formation or improving human capital but for buying back shares or handing out dividends to the 1%.
Who, as you know, have a relatively low marginal propensity to consume. Which is one of the reasons why we face this problem of persistently low aggregate demand.
So, tackling those problems, those systemic problems, is one of the great challenges that we face.
Given that the kind of growth path that we set out in the report and in previous reports does depend on a transformation in the structure of the economy that can only take place with relatively high rates of investment.
So, moving away from that business-as-usual model, we see offers opportunities for raising investment, for raising productivity but also for raising wages at the same time. It’s that kind of virtuous circle that to some extent (I mean you have to be careful with historical analogy) but to some extent was the modus operandi of northern capitalism in the period, two and a half, and three decades from the end of the Second World War.
So that’s the kind of narrative that we want to generalize across the global economy. We see opportunities for that in the kind of closer South-South relationships that we model in this year’s report.
But again, it’s imperative that the advanced economies also embark on their own reform process that can break with the kind of stagnationary tendencies and highly unequalizing tendencies that have marked those economies now for three decades or more.
FRIES: This global policy model scenario lays out how a South led agenda of industrialization and coordination aimed at avoiding climate meltdown and promoting employment generation globally is technically possible.
KOZUL-WRIGHT: Yeah, it’s technically possible, but ultimately, we live in a world where, you know, it has to be politically possible, Right? And the politics of this is where the struggle is taking place.
And I think the South has to demonstrate that a politics built around solidarity and cooperation offers not just a morally superior way of organizing economic and social life but also offers one that is more prosperous and more sustainable.
I think that’s where the narrative of South-South cooperation really needs to build an agenda that is much richer and more powerful than the one that has for now 30 or 40 years established itself around this notion of hands off is better: an individual, a kind of individual initiative and endeavor are the only ways in which we can achieve the kind of better future that we are, that we are aspiring to.
FRIES: This then would mean the South assumes a leadership role in shaping the global economy and so breaking from a decades long experience as rule takers, not rule makers. And so too, breaking dependence on comfort in conformity (as the report puts it) or on being on the right side of a commodity boom or a geopolitical divide. So, in a South-led scenario the narrative changes to we are on the right side of a policy agenda that we are forging and going to fight for.
KOZUL-WRIGHT: That we are going to fight for and that, and that will not only be good for us, but will be good for the economies in the advanced world too. I think that’s critical, right? So that the leadership in the advanced world can themselves think about a different way of pursuing international engagements and coordination because the system that we have in place now is simply not delivering the kind of scale or the nature of resources that we need to prosper together on an increasingly stressed planet.
The developed countries have their own challenges that are different from those in the developing world. And they will have to find instruments and mechanisms to deal with those challenges that are not necessarily appropriate for the South.
But, I mean, there is a demonstration effect from South-South cooperation that will, that we hope will encourage leadership in the North to think about their own problems differently.
FRIES: And a rethinking too of the relationship with China?
KOZUL-WRIGHT: Obviously, the kind of hostility towards China that has emerged particularly over the last four or five years is not conducive to building a healthy multilateral system. And the advanced economies need to get over the fear that they have of an increasingly powerful and prosperous China. Because that’s going to happen.
China is going to become an increasingly more prosperous and powerful economy. The Western world needs to come to terms with that. And again, that requires a narrative built around. cooperation and coordination rather than competition and conflict.
Some developing countries have their own concerns about China. But the initiatives that China has built around the Belt and Road and other things, I think, despite the fact that there are clearly issues that need to be dealt with there, again, it’s a sign of a change in the world economy that that offers a different kind of future from the hands-off approach that has misshaped multilateralism over the course of the last four decades. And back to where you started, against which we’ve been swimming for much of that period.
FRIES: Richard Kozul-Wright, thank you.
KOZUL-WRIGHT: Thank you, Lynn. Thank you.
FRIES: And from GPEnewsdocs in Geneva, Switzerland thank you for joining us.
Richard Kozul-Wright is Director of the Division on Globalization and Development Strategies at the United Nations Conference on Trade and Development (UNCTAD). He is author of Transforming Economies: Making Industrial Policy Work for Growth, Jobs and Development .among numerous other publications on economic issues. His most recent book, co-authored with Kevin P. Gallagher, is titled A Case for a New Bretton Woods.
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“Mr. Richard Kozul-Wright is Director of the Globalisation and Development Strategies Division in United Nations Conference on Trade and Development (UNCTAD).
He has worked at the United Nations in both New York and Geneva. He holds a Ph.D. in economics from the University of Cambridge UK and has published widely on economic issues, including, inter alia, in the Economic Journal, the Cambridge Journal of Economics, The Journal of Development Studies, and the Oxford Review of Economic Policy.
His latest book is the Resistible Rise of Market Fundamentalism (with Paul Rayment), and he has also edited volumes on Transnational Corporations and the Global Economy, Economic Insecurity and Development, Securing Peace, Climate Protection and Development, and Industrial Policy.
Most recently, he co-edited, Transforming Economies: Making Industrial Policy Work for Growth, Jobs and Development, with the International Labour Organization (ILO).”
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Podcast: In our Tech Society
Episode: Neoliberalism's Work Paradox and Finding a New Work Ethic
Pub date: 2022-10-30
Is work just a way to pay the bills, or is it fundamental to what it means to be human? And with technological change, do we need a new kind of work ethic?
Today I'm joined by philosopher of work Jean-Philippe Deranty to reflect on our cultural, societal and philosophical attitudes to work.
4.48: Neoliberalism's Paradoxical Relationship with Work
23.30: Cultural attitudes to work: UK vs France
26.20: A New Kind of Work Ethic
33.40: Neoliberal attitudes to current changes in the labour market
41.30: What is the centrality of the work?
52.20: Psychological and social centrality of work
57.40: What the pandemic taught us about the significance of work
The Work Repository: https://onwork.edu.au/
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Podcast: New Books in Economics (LS 36 · TOP 2.5% what is this?)
Episode: Vivek Chibber, "Confronting Capitalism: How the World Works and How to Change It" (Verso, 2022)
Pub date: 2022-11-03
Why is our society so unequal? Why, despite their small numbers, do the rich dominate policy and politics even in democratic countries? Why is it so difficult for working people to organize around common interests? How do we begin to build a more equal and democratic society?
In Confronting Capitalism: How the World Works and How to Change It (Verso, 2022), Vivek Chibber provides a clear and accessible map of how capitalism works, how it limits the power of working and oppressed people, and how to overcome those limits. The capitalist economy generates incredible wealth but also injustice. Those who own the factories, hotels, and farms always have an advantage over the people who rely on that ownership class for their livelihoods. This inequality in power and income is reflected in the operation of the state, where capitalists are able to exert their will even under relatively democratic conditions. The most important reason is that states depend on the employment and profits from capitalist enterprise for both finances and legitimacy. Every meaningful victory for working people has been won through collective struggle but collective action is very difficult to coordinate. In the final section of the book, Chibber walks the reader through some of the historical attempts to build socialism and presents a vision of how we might, perhaps against the odds, build a socialist future.
Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube Channel. Twitter.
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Podcast: Bungacast (LS 49 · TOP 0.5% what is this?)
Episode: /298/ Working For Freedom ft. Alex Gourevitch
Pub date: 2022-10-25
On shared-labour socialism.
Political theorist Alex Gourevitch talks to us about his critique of post-work thought, and how it presupposes the very labour it seeks to free us from. We start of by distinguishing post-work socialism (e.g. Fully Automated Luxury Communism) from various propositions for a Universal Basic Income, and discuss why these ideas are popular today.
We then dedicate much of the time to debating Gourevitch's alternative proposal for "shared-labour socialism". What counts as necessary labour – and who is going to do it? How has globalisation changed people's perspectives on what necessary labour is? And will we be producing more under socialism?
Part 2 is here: patreon.com/posts/73765804
Readings:
- Post-Work Socialism?, Alex Gourevitch, Catalyst
- Why your flights keep getting cancelled, Daniel Zamora Vargas, New Statesman
Listenings:
- /149/ It’s Not Robots, It’s Capitalism ft. Aaron Benanav / Liz Pancotti
- /72/ Frankly Awesome Lefty Conversation ft. Aaron Bastani
- /88/ Vouchers for Toxicity ft. Anton Jäger
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Podcast: Cosmopod (LS 41 · TOP 1.5% what is this?)
Episode: State, Democracy, and Transition: Is There a “Democratic Road” to Socialism?
Pub date: 2022-10-21
Maxi Nieto critiques the perspectives of the “new democratic socialism” and argues they are based on a misunderstanding of capitalism as a structural totality. Read By: Riley Intro Music: ворожное озеро Гроза vwqp remix Outro Music: We are Friends Forever performed by Felix Dzerzhinsky Guards Regiment.
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Podcast: Hidden Forces (LS 60 · TOP 0.1% what is this?)
Episode: The Rise of the Global Dollar System | Perry Mehrling
Pub date: 2022-10-24
In Episode 277 of Hidden Forces, Demetri Kofinas speaks with Perry Mehrling. Dr. Mehrling is Professor of International Political Economy at the Pardee School of Global Studies, Boston University, where he teaches courses on global money. He is perhaps best known for having pioneered the so-called “money view,” an economic framework that attempts to put the real-world practitioners’ view of financial markets into an academic perspective.
Mehrling’s most recent book, “Money and Empire,” is in some sense a biography of the US Dollar told through the life and times of the renowned economic historian, Charlie Kindleberger. The book traces the evolution of Charlie’s thinking alongside the rise of the international dollar system. It’s an illuminating history of the economic forces of international trade and finance and how those forces shape and are shaped by the politics of national interest.
The goal of today’s conversation is to help deepen your understanding of a system that has proven to be far more resilient than many of its critics and most ardent supporters could have possibly imagined. What has made the system so strong, the challenges that could impede its function, and the role of politics and war in accelerating changes to it are all topics that we explore today.
You can access the full episode, transcript, and intelligence report of this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application.
If you have questions about our genius tier, which includes access to the Hidden Forces community, Q&A calls with guests, in-person events, and dinners, you can learn more at HiddenForces.io/subscribe. If you have further questions, feel free to send an email to info@hiddenforces.io, and Demetri or someone else from our team will get right back to you.
If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following:
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Episode Recorded on 10/10/2022
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Podcast: The Political Animals (LS 35 · TOP 2.5% what is this?)
Episode: Neoliberalism: The Scope, Application and Limitations of Free Markets, with Dr Gordon Menzies
Pub date: 2022-10-16
Jonathan is joined by economist Dr Gordon Menzies for a deep dive on neoliberalism. They discuss the concept of free markets and the logic of extending free market thinking to aspects of human life that are not obviously economic. They examine and evaluate the neoliberal economic reforms of the 1980s, including floating the dollar, trade liberalisation and privatisation. They explore the causes of the global financial crisis and the role of neoliberalism in the near collapse of the financial system and the policies employed to deal with it. They discuss poverty and the purported role of neoliberal economic policies in generating, or failing to ameliorate, poverty. And they close with a discussion about the likely moral and economic consequences of a libertarian utopia based on a society organised primarily by market forces.
Dr Gordon Menzies is an award-winning Associate Professor in economics at the University of Technology Sydney. In the 1980s, he worked as an economist at the Reserve Bank of Australia. His recent book, Western Fundamentalisms: Democracy, Sex and the Liberation of Mankind, was shortlisted for the 2021 Australian Christian book of the year award.
The Political Animals is hosted by Dr Jonathan Cole, an academic, writer, speaker and translator specialising in political theology: the intersection of religion and politics. Jonathan was a senior terrorism analyst at Australian intelligence agency the Office of National Assessments where he worked on Islamist terrorism and the global jihadist movement. He is the author of The Reign of God: A Critical Engagement with Oliver O'Donovan's Theology of Political Authority and Christian Political Theology in an Age of Discontent: Mediating Scripture, Doctrine, and Political Reality.
You can follow Jonathan and the show on Facebook and Twitter.
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Podcast: SAGE Political Science & International Relations (LS 25 · TOP 10% what is this?)
Episode: Mariátegui, Critical Thinking, and Andean Futures
Pub date: 2022-10-13
Alexander Scott speaks with renowned intellectual and LAP contributing editor Professor Ronaldo Munck to discuss the July 2022 issue of LAP. Topics covered include the ideas and life of twentieth-century Marxist intellectual José Carlos Mariátegui, the critical thinking of some contemporary South American intellectuals, and the relevance of theorizing Andean futures and Utopias. For additional information about contacting the journal, Alexander, and Professor Munck please email lap.outreach@gmail.com.
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Podcast: Tech Won't Save Us (LS 50 · TOP 0.5% what is this?)
Episode: Why Green Capitalism Won’t Fix Climate Change w/ Adrienne Buller
Pub date: 2022-10-06
Paris Marx is joined by Adrienne Buller to discuss how the tech and finance industries are selling us false solutions to the climate crisis that are designed for their own benefit.
Adrienne Buller is the Director of Research at Common Wealth and the author of The Value of a Whale: On the Illusions of Green Capitalism. Follow Adrienne on Twitter at @adribuller.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, support the show on Patreon, and sign up for the weekly newsletter.
The podcast is produced by Eric Wickham and part of the Harbinger Media Network.
Also mentioned in this episode:
- Adrienne originally wrote about the problem with the finance industry’s approach to climate change for Novara Media. She recently wrote about the failure of green capitalism for the Guardian and the power BlackRock wields for Jacobin.
- Common Wealth recently produced a report on Asset Management Capitalism.
- Elon Musk called ESG a scam after Tesla was booted from the S&P 500’s ESG fund.
- Ulrich Brand and Markus Wissen wrote The Imperial Mode of Living: Everyday Life and the Ecological Crisis of Capitalism.
Support the show
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Podcast: Pitchfork Economics with Nick Hanauer (LS 58 · TOP 0.5% what is this?)
Episode: Why won't trickle-down die? (with Mark Blyth)
Pub date: 2022-10-11
While President Biden has embraced middle-out economics here in the states, the UK’s new leaders have decided to enthusiastically revive trickle-down economics. Political economist Mark Blyth, who teaches International Economics, shares his thoughts on the United Kingdom’s troubling new budget policies, certainty’s role in building an economy, and much more on this wide-ranging episode.
Mark Blyth is Director of the William R. Rhodes Center for International Economics and Finance. He’s a professor, author, and political economist. His latest book, Diminishing Returns, is out now.
Twitter: @MkBlyth
Forget trickle down, what the UK needs is middle-out economicshttps://www.theguardian.com/politics/2022/sep/25/forget-trickle-down-what-the-uk-needs-is-middle-out-economics
Angrynomics by Mark Blyth and Eric Lonergan https://angrynomics.com
Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
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Podcast: Fresh Air (LS 81 · TOP 0.01% what is this?)
Episode: Exploring The History Of Money
Pub date: 2022-10-12
Author and podcaster Jacob Goldstein says we don't think of money as a technology, but we should. He traces the first paper currency to China's Sichuan province, and ponders the Fed's next move. His book is Money: The True Story of a Made Up Thing.
Podcast: New Books in Political Science (LS 39 · TOP 2% what is this?)
Episode: Mark Neocleous, "A Critical Theory of Police Power: The Fabrication of the Social Order" (Verso, 2021)
Pub date: 2022-10-05
A Critical Theory of Police Power: The Fabrication of Social Order (Verso, 2021) offers a critical look at policing and the power of the state, examining the relationship between our ideas of order and wider social and political issues.
First published in 2000, this new edition of Mark Neocleous' influential book features a new introduction which helpfully situates this ever-relevant text in the context of contemporary struggles over police and policing.
Neocleous argues for an expanded concept of police, able to account for the range of institutions through which policing takes place. These institutions are concerned not just with the maintenance and reproduction of order, but with its very fabrication, especially the fabrication of a social order founded on wage labour. By situating the police power in relation to both capital and the state and at the heart of the politics of security, the book opens up into an understanding of the ways in which the state administers civil society and fabricates order through law and the ideology of crime. The discretionary violence of the police on the street is thereby connected to the wider administrative powers of the state, and the thud of the truncheon to the dull compulsion of economic relations.
Content warning: the last 2 minutes of the interview include a brief discussion of Mark's current work on suicide.
Listeners who enjoyed this interview may enjoy my recent interviews with Mark on his most recent book The Politics of Immunity, with undercover police ("Spycop") victims Helen Steel and Alison about Deep Deception, and with counterterrorism scholar Rizwaan Sabir about The Suspect.
Mark Neocleous is Professor of the Critique of Political Economy at Brunel University in London, and is well-known for his work on police power and security. His recent books include The Universal Adversary: Security, Capital and 'The Enemies of All Mankind' (2016); War Power, Police Power (2014); and the newly-reissued A Critical Theory of Police Power: The Fabrication of Social Order (2021).
Catriona Gold is a PhD candidate in Geography at University College London. She is currently researching the US Passport Office's role in governing Cold War travel, and broadly interested in questions of security, surveillance and mobility. She can be reached by email or on Twitter.
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Podcast: Ottoman History Podcast (LS 47 · TOP 1% what is this?)
Episode: Shipping and Empire around the Arabian Peninsula
Pub date: 2022-10-01
with Laleh Khalili hosted by Matthew Ghazarian | How did massive, modern shipping ports emerge from the sands of the Arabian Peninsula, and what they teach us about our present forms of global exchange? Combining historical research with site visits that included multiple voyages around the Arabian Peninsula, our guest Laleh Khalili sheds light on these questions in this two-part series on shipping and empire around the Arabian Peninsula. Through her investigation of the entangled realms of commerce, technology, and empire in the Indian Ocean world, Khalili shows how changes in any of one of them sparked associated changes in the others. In this first part, we focus on the period from the 16th century Ottoman entry into the region until decolonization in the 20th century, covering topics including the Hajj, disease, steam engines, ship laborers, Anglo-Ottoman rivalries, and the retreat of the British Empire after the Second World War. « Click for More »
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Podcast: Labor History Today (LS 24 · TOP 10% what is this?)
Episode: Socialist fairy tales
Pub date: 2022-10-02
From the Working Class History podcast, acclaimed author, poet and Professor of Children’s Literature Michael Rosen talks about his anthology, Workers’ Tales: Socialist Fairy Tales, Fables, and Allegories from Great Britain, which gathers together short stories from the labor and socialist press between 1880 and 1920. The Working Class History podcast is put out by an international collective of worker-activists whose social media and podcast project uncovers our collective history of fighting for a better world and promotes it to educate and inspire a new generation of activists.
On this week’s Labor History in Two: A shot of opportunity; the IWW organizes Starbucks.
Questions, comments, or suggestions are welcome, and to find out how you can be a part of Labor History Today, email us at LaborHistoryToday@gmail.com
Labor History Today is produced by Union City Radio and the Kalmanovitz Initiative for Labor and the Working Poor.
LaborRadioPod #History #WorkingClass #ClassStruggle @GeorgetownKILWP #LaborHistory @UMDMLA @ILLaborHistory @AFLCIO @StrikeHistory #LaborHistory @wrkclasshistory
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Podcast: Reviving Growth Keynesianism (LS 27 · TOP 10% what is this?)
Episode: Eric Monnet on Controlling Credit
Pub date: 2022-09-19
Eric Monnet joins us to discuss his book Controlling Credit: Central Banking and the Planned Economy in Postwar France, 1948-1973. Prior to the neoliberalizations of the late 20th century, most central banks in Europe worked very differently than they do today. Interest rates played less of a role than credit controls in a more concentrated, segmented, and statist banking system. Representatives from all across the economy - farmers, workers, industrialists - sat on important decision making boards that oversaw credit policy "in the general interest." A vision for "nationalizing" credit brought together right-wing Bonapartists, Gaulists, and neo-Simonian planners focused on efficiency with left-wing forces of the popular front focused more on social justice. But starting in the late 1960s, technocratic pressure to liberalize financial markets from economists and the bureaucracy overwhelmed the merely "particular" social interests which were embedded and represented in the French credit system.
Andrew Elrod from seven episodes back also joins the team!
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Podcast: Jouissance Vampires (LS 35 · TOP 2.5% what is this?)
Episode: Marxist Class Theory for a Skeptical World feat. Raju Das
Pub date: 2022-09-19
What is the Marxist theory of class? Did Marx have a mature class theory in Capital or is Marx's theory of class unfinished and ultimately unclear? Many scholars contend that Marx does not have a clear class theory. But too often Marxists do not offer any alternative to the theory of class, so Marxism ends up with very little to say about class.
Our guest in this episode, Raju Das, disagrees with many contemporary Marxists who tend to sideline Marx's theory of class. In this conversation, we learn that Marx does have a theory of class and we break it all down and show how central it is to his thought.
We begin with a critique of Analytical Marxist and Post-structuralist Marxist theories of class and we learn about a more materialist and dialectical foundation for class theory. Das helps us to theorize class at both the transhistorical level and at the level of capitalism.
Raju Das is the author of Marxist Class Theory for a Skeptical World.
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Podcast: New Books in Environmental Studies (LS 30 · TOP 5% what is this?)
Episode: Nancy Fraser, "Cannibal Capitalism: How our System is Devouring Democracy, Care, and the Planet and What We Can Do About It" (Verso, 2022)
Pub date: 2022-09-20
Capital is currently cannibalizing every sphere of life–guzzling wealth from nature and racialized populations, sucking up our ability to care for each other, and gutting the practice of politics. In Cannibal Capitalism: How our System is Devouring Democracy, Care, and the Planet and What We Can Do About It (Verso, 2022), leading Marxist feminist theorist Nancy Fraser charts the voracious appetite of capital, tracking it from crisis point to crisis point, from ecological devastation to the collapse of democracy, from racial violence to the devaluing of care work. These crisis points all come to a head in Covid-19, which Fraser argues can help us envision the resistance we need to end the feeding frenzy.
What we need, she argues, is a wide-ranging socialist movement that can recognize the rapaciousness of capital - and starve it to death.
Nancy Fraser is Henry and Louise A. Loeb Professor of Philosophy and Politics at the New School for Social Research. She is the author of Fortunes of Feminism and The Old is Dying and the New Cannot be Born, and co-author of Capitalism: A Conversation and Feminism for the 99%.
Brian Hamilton is Chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website.
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Podcast: Communist Forum
Episode: Moshé Machover - How Labour Powers The Global Economy
Pub date: 2022-09-11
Moshé Machover introduces his new book, 'How Labor Powers the Global Economy: A Labor Theory of Capitalism', co‑authored with Emmanuel D Farjoun and David Zachariah. Organised by CPGB and Labour Party Marxists. For further information, email Stan Keable at Secretary@labourpartymarxists.org.uk For more from the CPGB or to attend future OCFs, check out our website: https://communistparty.co.uk/
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Podcast: The Takeaway (LS 53 · TOP 0.5% what is this?)
Episode: An American History of Debt Relief
Pub date: 2022-09-07
President Biden’s announcement two weeks ago that his administration was canceling up to $20,000 of student debt for borrowers who make under $125,000 was met with strong reactions. But debt relief from the federal government has historical precedent.
We speak with Julian Zelizer, professor of history and public affairs at Princeton University, about how we as a country have dealt with debt in the past.
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Podcast: Radio Free Humanity: The Marxist-Humanist Podcast (LS 33 · TOP 5% what is this?)
Episode: RFH Ep. 76 "Sociological Marxism” and Capitalist Crises––Interview with Gavin Rae
Pub date: 2022-09-09
The co-hosts welcome sociologist Gavin Rae, to discuss his critique of “Sociological Marxism,” which well-known left sociologists Erik Olin Wright and Michael Burawoy proposed two decades ago. They rejected Marx’s theory of capitalist crisis, claiming that state economic management has caused capitalism to stabilize, and that the value theory underlying Marx’s crisis theory is internally inconsistent. Gavin argues that the Great Recession soon showed that the notion of stable capitalism is dubious, and that the temporal single-system interpretation of Marx’s value theory has made it untenable to uncritically repeat the charge of the internal inconsistency. He and the co-hosts also discuss Wright and Burawoy’s embrace of Karl Polanyi’s thought and his focus on markets instead of production. Gavin argues that Marx’s crisis theory and the “dominance of production” can be incorporated into sociology, and he suggests several ways to do so.
Current-events segment: New Mexico judge bars Capitol insurrectionist from holding office. Will more disqualifications follow?
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Podcast: The Majority Report with Sam Seder (LS 63 · TOP 0.1% what is this?)
Episode: 2913 - The Secret History Of The Extractive Neoliberal Order w/ Jamie Martin
Pub date: 2022-08-29
Sam is back! He and Emma are joined by Jamie Martin, Assistant Professor of History at Harvard University, to discuss his recent book The Meddlers: Sovereignty, Empire, and the Birth of Economic Global Governance. First, Sam and Emma dive into developments in Ukraine as the UN sends in Nuclear Inspectors, a massive flood in Pakistan displacing millions, and the clear public support behind Biden’s student debt relief. Jamie Moran then joins as he gets right into the story of liberalism’s international systems based on sovereign encroachment, and why the conventional narrative begins with the Bretton-Woods conference in 1944 that saw the creation of the International Monetary Fund and the World Bank, aligning with the United States emerging from its isolationism to the peak of a globalized liberal order, and being followed (with the failure of the Bretton-Woods system in the ‘70s) by a new project of neoliberal hyper globalization, forcing austere reform on what they saw as “developing economies.” Next, Professor Martin dives into why HIS history of the subject started well before Bretton-Woods, seeing the leveraging of sovereign states by international economic coalitions into painful domestic reform as a tale as old as capitalism, burgeoning in the middle of the 19th Century with the nation-state boom bringing countless new governments onto the international stage, and the lasting European empires (largely France and England) granting these nations “sovereignty” under conditions of severe extraction by their former colonizers. These systems largely continued in the wake of the colonial expansions of the 18th and 19th Centuries, leading up to the first World War which saw Europe and the US create wartime international bodies that actually exercise their colonial power collectively, and translated (however poorly) into the post-war systems such as the League of Nations. Looking at the next couple of decades, Professor Martin explores how Britain (and France to a lesser extent) came to largely dominate the economic discourse of the League of Nations, employing imperial creditor arrangements in the wake of the 1920s’ depression to bolster their international leverage, and why the US’ isolation from the League was due to this very reason of protecting their own sovereignty. Walking through the years following World War II, Sam, Emma, and Jamie Martin discuss how the lack of borders allowed US creditors to overtake the Bank of England and other EU creditors by containing extortion to the financial realm, and putting them in peak position going into the Bretton-Wood conference, and ensuring the IMF and World Bank functioned under their control. Wrapping up, they explore other translations of these colonial practices around sovereignty (including the Cold War’s emphasis on anti-communism), and reflect on why a fetishized nostalgia for these systems is severely misplaced.
And in the Fun Half: Sam and Emma watch Marco Rubio struggle over how “unfair” Joe Biden is being, Sam waits with beta – I mean bated – breath for the rest of Tim Pool’s album, Mike from South Carolina calls in to discuss the GI Bill as a Vet, and Ryan from Arizona explores his states’ recent elections. Dave Rubin thanks Liberty U students for praying his gay away, Eamon from California discusses the fire hazards prevalent in the critiques of the Uvalde teachers, and Sam and Emma explore the destruction in Pakistan, plus, your calls and IMs!
Check out Jamie's book here: https://www.hup.harvard.edu/catalog.php?isbn=9780674976542
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Podcast: New Economics Podcast (LS 51 · TOP 0.5% what is this?)
Episode: How we win a new economy - the end of neoliberalism?
Pub date: 2022-09-02
In this mini-series of the New Economics Podcast, we’ll discover how our economy has been run over the past few years - and look at the key battlegrounds for those fighting to change the rules.
Over the last few years, neoliberalism – the economic model that has dominated since Margaret Thatcher was PM – has taken a hit. Big spending and state intervention have been the name of the game, as the government scrambled to get to grips with the pandemic.
While Boris Johnson gets ready to pack up his things, we still don’t know who will be replacing him in Number 10. The two final contenders, Rishi Sunak and Liz Truss, have been described in the press as “channelling the blue-suited ghost of Thatcher”.
So, have the last few years solidified a new kind of economic mainstream? Or will Johnsonism be swept aside once the new PM has unpacked their toothbrush?
In the first episode of this special mini-series we’re asking: has neoliberalism hit the buffers?
Ayeisha is joined by Ellie Mae O’Hagan and Laurie Macfarlane (@elliemaeohagan and @L__Macfarlane on Twitter).
-Read Laurie's piece with Christine Berry for Renewal on the Conservative's political economy: https://journals.lwbooks.co.uk/renewal/vol-30-issue-2/abstract-9553/ -More on the Race Class Narrative here: https://classonline.org.uk/pubs/item/the-uk-race-class-narrative-report
Music by Blue Dot Sessions and Podington Bear, used under Creative Commons licence.
Researched by Margaret Welsh. Produced by Becky Malone.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org
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Podcast: Green Dreamer: Seeding change towards collective healing, sustainability, regeneration (LS 55 · TOP 0.5% what is this?)
Episode: 368) Christian Parenti: Recognizing capital as a social relation
Pub date: 2022-08-16
"The idea of the catastrophic convergence essentially looks at how climate change interacts with the pre-existing crises of the legacy of US imperialism and Cold War militarism and neoliberal economic restructuring."
In this episode, we welcome Christian Parenti, a Professor of Economics at John Jay College, City University of New York. His undergraduate and graduate teaching, and research, focus on: American economic history, environmental history, and the history of capitalism; climate change and sustainable energy; as well as war, policing, and political violence.
Some of the topics we explore in this conversation include what Parenti means by “big storms require big government”, viewing capital in part as social relations, various regional conflicts resulting from the "catastrophic convergence" of climate change, militarism and imperialism, and neoliberal economic restructuring, and more.
(The musical offering featured in this episode is Come The Rain by Maggie Clifford. The episode-inspired artwork is by Luise Hesse.)
Support our in(ter)dependent show: GreenDreamer.com/support
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Podcast: KPFA - Letters and Politics (LS 45 · TOP 1% what is this?)
Episode: Karl Marx’s Final Years
Pub date: 2022-08-22
Guest: Marcello Musto is the author of The Last Years of Karl Marx. He is also a Professor of Sociological Theory at York University where he is the founding director of the Laboratory for Alternative Theories.
The post Karl Marx’s Final Years appeared first on KPFA.
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Podcast: The Final Straw Radio (LS 44 · TOP 1% what is this?)
Episode: Adventure Capitalism with Raymond Craib
Pub date: 2022-08-14
This week on TFSR, Professor Raymond Craib talks about his book, “Adventure Capitalism: A History of Libertarian Exit, from the Era of Decolonization to the Digital Age” out recently from PM Press. We talk about capitalist fundamentalists attempting to create free market utopias, right wing so-called Libertarians, Ayn Rand, neoliberalism and the oxymoronic tendency known as "anarcho-capitalism" at the center of the recent HBO Max series called “The Anarchists”.
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A quick note: the book on the Republic of New Afrika that Bursts mentioned was Free The Land by Edward Onaci. There was an interesting interview on Millenials Are Killing Capitalism podcast with the author last year.
Stay tuned next week for our interview with Sam & Alex of the antifascist podcast, 12 Rules for WHAT about their podcast and their two books, “Post Internet Far Right” or PIFR, and “The Rise of Ecofascism”. Patreon supporters can get this episode a few days early alongside other gifts. Check out that and other ways to support us at tfsr.wtf/support
Announcement Eric King at Florence ADX After a few weeks of being in transit, Eric has arrived at what is expected to be his final prison before release: USP Florence ADX, the Supermax prison of the Bureau of Prisons. He just arrived yesterday and not much is known about any communication restrictions but please shoot Eric a letter to let him know you care.
Eric King #27090-045 USP Florence ADMAX PO Box 8500
Florence, CO 81226
As we know more about any restrictions or mail rules, they will be shared.
ADX is a controversial prison with most cells being one person only and everyone being on 24 lockdown. The US sends people with high-profile and serious cases here to bury them and is often in the media whenever someone gets sent there like El Chapo or people involved with the 911 attacks. There have been countless lawsuits since ADX was established in the 1990s. It is a BOP facility so one can expect all of the things that happen at any facility with the added cruelty of long term isolated confinement.
Keep up on his support page, SupportEricKing.Org
. ... . ..
Featured Track: * C.R.E.A.M. by El Michels Affair from Enter The 37th Chamber
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Podcast: Smart Talk Podcast
Episode: 31. Dr. Thomas Palley explains how financialization changed capitalism
Pub date: 2022-08-04
Dr. Palley earned his bachelor’s degree from Oxford University and both his master’s and Ph.D. in Economics and International Relations from Yale University. Thomas has been featured in numerous prominent journals and has featured in publications such as The Atlantic Monthly, American Prospect, and The Nation. He previously served as Chief Economist for the US-China Economic and Security Review Commission, an independent arm of government that analyzes bilateral trade between the US and China. Dr. Palley has authored several books including Restoring Shared Prosperity, Financialization, The Economic Crisis, and From Financial Crisis to Stagnation. Dr. Palley joined the Henry George School to discuss his vision of periods of American economic history, how the myth of“free markets” precluded the reality of mixed-market economies, and how financialization changes firms’ social behavior.
To check out more of our content, including our research, visit our website: https://www.hgsss.org/
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Podcast: Sur-Urbano
Episode: The Rise and Fall of Welfare and Developmental States in the Americas with Prof. Amy Offner
Pub date: 2022-08-03
In this episode, cohost Julian Gomez and I talk to Professor Amy Offner about her book, Sorting the Mixed Economy: The Rise and Fall of Welfare and Developmental States in the Americas. This is the "untold story of how welfare and development programs in the United States and Latin America produced the instruments of their own destruction". We focus on the history of Ciudad Kennedy in Bogotá, a borough in Bogotá built with support of the Alliance for Progress, and whose history reveals how the logics of assisted self built housing has its roots in the New Deal and Cold War, and held the seed of austerity even as it required major state involvement. We also read the Colombian presidential elections - then just days away - and what the history describe in Prof. Offner's book tell us about the face-off between Gustavo Petro and Rodolfo Hernandez.
Prof. Amy C. Offner (Ph.D. Columbia University) studies twentieth-century US history in global perspective, with special focus on Latin America. Her research and teaching address the history of capitalism and political economy, empire and foreign relations, and social and intellectual history. You can find her book here.
Julián Gómez Delgado is a PhD student in sociology and historical studies at The New School for Social Research. His research in political and historical sociology revolves around state formation, capitalist development and social conflict across Latin America, with a special focus on Colombia.. You can find him on twitter @juliangomezdel
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Podcast: The Antifada (LS 57 · TOP 0.5% what is this?)
Episode: Ep 189: Counterlogistics w/ Jasper Bernes
Pub date: 2022-08-03
Sean is joined by Japser Bernes of End Notes and Cal Berkeley to catch up on the comings and goings of the communization current. They discuss the plight of big American cities, the legacy of Occupy/BLM, the ongoing crisis of inflation and supply shocks and how communists might create a counterpower to the logistical infrastructure of capital.
Follow Jasper @outsidedadgitator
https://jasperbernes.net/
https://brooklynrail.org/2022/02/field-notes/Been-Down-So-Long-It-Looks-Like-Up-To-Me
http://endnotes.org.uk/articles/21
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Podcast: Jacobin Radio (LS 60 · TOP 0.5% what is this?)
Episode: Long Reads: Adrienne Buller on the Rise of Asset-Manager Capitalism
Pub date: 2022-07-16
Adrienne Buller joins Long Reads for a discussion about "asset-manager capitalism" and the climate crisis. Adrienne is senior research fellow at Common Wealth, a progressive think tank, and co-author of the forthcoming book Owning the Future.
Read Adrienne's review of Trillions here: https://jacobin.com/2022/03/index-funds-blackrock-vanguard-stocks-ownership-democracy-concentration/
And her report for Common Wealth here: https://www.common-wealth.co.uk/reports/asset-manager-capitalism-where-next
Long Reads is a Jacobin podcast looking in-depth at political topics and thinkers, both contemporary and historical, with the magazine’s longform writers. Hosted by Features Editor Daniel Finn. Produced by Conor Gillies, music by Knxwledge.
See acast.com/privacy for privacy and opt-out information.
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Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 44 · TOP 1.5% what is this?)
Episode: #137 Eric Tymoigne: What Makes Something Money?
Pub date: 2022-07-27
Patricia and Christian talk to economist and author Professor Eric Tymoigne about the history of money, cryptocurrency, and what makes some monetary instruments more instrumental than others.
Please help sustain this podcast!
Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
For an intro to MMT:
Listen to our first three episodes: https://www.patreon.com/posts/41742417
And Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
All our episodes in chronological order: https://www.patreon.com/posts/43111643
Eric Tymoigne’s bio and publications: https://college.lclark.edu/live/profiles/51-eric-tymoigne
Eric Tymoigne On Twitter: https://twitter.com/tymoignee
More on monetary operations:
Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824
Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318
Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887
Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683
“An Accounting Model of the UK Exchequer – 2nd edition” by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/
Our episodes about “An Accounting Model of the UK Exchequer”:
Part 1: https://www.patreon.com/posts/46352183
Part 2: https://www.patreon.com/posts/46865929
More on inflation:
Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508
Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678
Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835
Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379
Episode 128 - L. Randall Wray & Yeva Nersisyan: What’s Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558
More details on Dirk Ehnts’ "Modern Monetary Theory and European Macroeconomics” course at Maastricht University: https://maastricht.dreamapply.com/courses/course/134-modern-monetary-theory-and-european-macroeconomics?search=34057
Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/
A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
Transcript for opening monologue: https://www.patreon.com/posts/69607748
Show notes: https://www.patreon.com/posts/69607717
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Podcast: Politics Theory Other (LS 50 · TOP 0.5% what is this?)
Episode: Progressive Economy Forum - How To End The Cost Of Living Crisis
Pub date: 2022-07-24
Last month the Progressive Economics 2022 conference, a one-day festival of transformative economic thinking, took place at the University of Greenwich. In a world battered by crises, facing environmental collapse, PEF brought together leading thinkers from across the progressive movement to present the arguments and solutions we need to build a radically better economy. Speakers included Gargi Bhattacharryya, Aaron Benanav, Francesca Bria, James Meadway, Kate Pickett, John Mcdonnell MP, and David Edgerton amongst many others. PTO was pleased to be an official media partner of the event and in the coming weeks we'll be posting some of the excellent panel discussions that took place at the event. First up, is a session on the Cost of Living Crisis. In the panel discussion James Meadway, Susan Newman, and Rupert Russell discuss the causes of price rises, the disastrous effects of conventional policy responses, and what the real solutions are to high inflation.
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Podcast: Trade Talks (LS 52 · TOP 0.5% what is this?)
Episode: 163. How poorer Americans ended up paying for US tariffs.
Pub date: 2022-07-19
From fashion to forks to fishing reels, how US trade negotiations starting in the 1930s resulted in regressive import duties today.
The podcast and artwork embedded on this page are from Chad P. Bown, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Hidden Forces (LS 61 · TOP 0.5% what is this?)
Episode: Rise of Shadow Banking & Risks of a Financial Crisis | Lev Menand
Pub date: 2022-07-14
In Episode 258 of Hidden Forces, Demetri Kofinas speaks with Lev Menand, author of “The Fed Unbound: Central Banking in a Time of Crisis.” Menand is an associate professor of law at Columbia Law School who has worked as an economist at the Federal Reserve Bank of New York and as a senior advisor to both the Deputy Secretary of the Treasury and the Assistant Secretary for Financial Institutions.
He joins Demetri for an important and timely conversation about the US Dollar and the evolution of the international financial system into a kind of Frankenstein’s monster whose appendages and doppelgängers reach into the deepest recesses of the global economy.
Dollar balances and dollar-based lending by institutions not regulated by the Federal Reserve—what we broadly refer to as the shadow banking system—have grown so large over the years that no one, not even the Fed, can actually quantify them.
For most of us, awareness of just how dangerously complex the modern banking system has become was made clear fourteen years ago with the onset of what we now call “The Global Financial Crisis,” a supposedly once-in-a-lifetime event that almost repeated itself during the early days of the Covid-19 pandemic when the Fed came to the rescue of markets to stop yet another financial panic that threatened to bring down the global financial system.
Panics like these ultimately stem from a fear or inability on the part of financial counterparties to settle claims and honor liabilities. With the Fed now raising interest rates more aggressively than it has in almost thirty years the question that many investors, economists, and policymakers around the world should be asking themselves is “what is the likelihood that the events we experienced in 2008 and most recently in 2020 repeat themselves today?”
Our objective in bringing you this conversation is to provide you with a foundational framework for understanding the forces responsible for driving crises of liquidity in the international dollar system during a time when those forces are growing stronger and stronger. In the process you are going to learn about the plumbing of the shadow banking system, the evolution of the eurodollar market, repos, money market funds, and so much more. The majority of that conversation takes place in the second hour of today’s episode which is available to premium subscribers only.
You can access the full episode, transcript, and intelligence report to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application.
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Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
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Episode Recorded on 07/07/2022
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Podcast: Haymarket Books Live (LS 37 · TOP 2.5% what is this?)
Episode: Breaking the Impasse Class Struggle, Unions, & the Democratic Party
Pub date: 2022-07-15
Join Haymarket and Spectre Journal for a launch of Kim Moody’s new book, Breaking the Impasse.
Unlike most countries, the US has no labor party, let alone a mass socialist party. In an effort to overcome this predicament, a new generation of militants hope to transform the Democratic Party or use its ballot to build forces inside it for an eventual “dirty break.” In his new book, Moody argues this electoral orientation is a trap and that socialists should instead build class and social struggle and galvanize a militant minority as the preconditions for the formation of a working class party.
Get the book, Breaking the Impasse: https://www.haymarketbooks.org/books/1873-breaking-the-impasse
Speakers:
Kim Moody was a founder of Labor Notes in the US and the author of several books on labour and politics including Breaking the Impasse: Electoral Politics, Mass Action & the New Socialist Movement in the United States (2022); Tramps & Trade Union Travelers: Internal Migration and Organized Labor in Gilded Age America (2017); and On New Terrain: How Capital Is Reshaping The Battleground Of Class War; all from Haymarket. He has a PhD from the University of Nottingham and is currently a Visiting Scholar at the University of Westminster in London. He is a member of the University and College Union and the National Union of Journalists.
Joe Burns is a veteran union negotiator and labor lawyer with over 25 years experience negotiating labor agreements. He is currently the Director of Collective Bargaining for the Association of Flight Attendants, CWA. He graduated from the New York University School of Law. Prior to law school he worked in a public sector hospital and was president of his AFSCME Local. He is the author of Class Struggle Unionism, Strike Back: Rediscovering Militant Tactics to Fight the Attacks on Public Employee Unions and Reviving the Strike: How Working People Can Regain Power and Transform America.
Keon Liberato is a railroad track construction worker and president of Track Local 3012 in the Teamsters Brotherhood of Maintenance of Way Employees Division (BMWED) Teamsters Rail Conference. He is a co-founder and co-chair of the BMWED-IBT Rank & File United reform caucus. Liberato is a member of the Democratic Socialist of America where he served as a member of the National Political Committee from 2020-2021.
Lois Weiner, Professor Emerita, New Jersey City University, is a career teacher, education researcher, and teacher union activist. Her new book, as yet untitled, takes up what the Left can learn about defending social justice and workers' rights by examining capitalism's latest project to deprofessionalize teaching, undercut teachers' labor activism, and destroy public education. Chapters One and Two have been published by New Politics and Tempest.
This event is sponsored by Spectre Journal and Haymarket Books.
Watch the live event recording: https://youtu.be/W0xxhv1ZOtQ
Buy books from Haymarket: www.haymarketbooks.org
Follow us on Soundcloud: soundcloud.com/haymarketbooks
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Podcast: American Prestige (LS 49 · TOP 1% what is this?)
Episode: E53 - Money Meddlers w/ Jamie Martin
Pub date: 2022-07-12
Danny welcomes Jamie Martin, assistant professor of history and of social studies at Harvard University, to talk about his new book, The Meddlers: Sovereignty, Empire, and the Birth of Global Economic Governance. They discuss global economic governance, the League of Nations, interwar imperialism, the transition from dollar diplomacy to the IMF, and more.
Check out Dr. Martin’s book here: https://bit.ly/3AEMLOh
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.americanprestigepod.com/subscribe
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Podcast: Working People (LS 44 · TOP 1% what is this?)
Episode: Labor on the Airwaves (w/ Judy Ancel, Sarah Jaffe, Michelle Chen, Jamie Partridge, & Chris Garlock)
Pub date: 2022-07-12
The "Labor On The Airwaves" panel attracted an overflow audience at this year's Labor Notes conference in Chicago. A show of hands revealed that about a third of those in attendance already had shows while another third was interested in finding out how to start their own shows, many of whom stopped by the Labor Radio-Podcast Network's booth after the panel. Working People's Maximillian Alvarez hosted a panel that included BeLabored hosts Sarah Jaffe and Michelle Chen, Heartland Labor Forum's Judy Ancel, and Jamie Partridge from Labor Radio on KBOO FM.
For the Labor Radio-Podcast Weekly, the Labor Radio-Podcast Network's weekly digest show, featuring highlights from shows in our network, Chris Garlock recorded, edited, and published a shortened version of the "Labor on the Airwaves" panel from Labor Notes. With permission from Chris, we are excited to share the episode on the Working People feed for our listeners.
NOTE: For those interested in joining the Labor Radio Podcast Network (or finding out more about us), please contact us here.
Additional links/info below...
- Judy Ancel's Twitter page
- Heartland Labor Forum website
- Sarah Jaffe's Twitter page
- Michelle Chen's Twitter page
- BeLabored's website
- Jamie Partridge's Twitter page
- Labor Radio's (KBOO FM) website
Permanent links below...
- Working People Patreon page
- Leave us a voicemail and we might play it on the show!
- Labor Radio / Podcast Network website, Facebook page, and Twitter page
- In These Times website, Facebook page, and Twitter page
- The Real News Network website, YouTube channel, podcast feeds, Facebook page, and Twitter page
Featured Music (all songs sourced from the Free Music Archive: freemusicarchive.org)
- Jules Taylor, "Working People Theme Song
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Podcast: Planet: Critical (LS 36 · TOP 3% what is this?)
Episode: The Truth about Green Finance | Fred Hache
Pub date: 2022-07-07
Frederic Hache is the cofounder and executive director of Green Finance Observatory, an NGO tracking the world of “sustainable finance”, debunking its claims, and working with European policymakers to warn against supposed market-based solutions.
He joins me to explain how the markets have financialised and commodified the climate crisis: why carbon credit schemes are nonsense, the worrying advent of biodiversity offsetting, and the tokenisation of environmental protection. He explains that environmental regulations have a long history of being effective, and questions why protection of the natural world is being handed over to markets.
He reveals which “green” markets are already linked to human rights abuses around the world, how crypto is muscling in on the space, and how lobbyists have hijacked the agenda to protect profits.
Listen on Apple or Spotify
Watch on Youtube
Planet: Critical investigates why the world is in crisis—and what to do about it.
© Rachel Donald
Get full access to Planet: Critical at www.planetcritical.com/subscribe
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Podcast: Green Dreamer: Seeding change towards collective healing, sustainability, regeneration (LS 56 · TOP 0.5% what is this?)
Episode: 363) Annie McClanahan: The possibility of a world disentangled from wages
Pub date: 2022-07-05
“Under a capitalist system of production or any system of production based on the extraction of value via wages, it’s always going to be the case that mechanization leads to more work and lower wages...”
In this episode, we welcome Annie McClanahan, an Assistant Professor of English at UC Irvine, where she is also a faculty advisor for UCI-LIFTED, a prison education program. Her first book, Dead Pledges: Debt, Crisis, and 21st Century Culture, was published in 2016, and she is currently finishing a second book, Tipwork, Gigwork, Microwork: Culture and the Wages of Service.
Some of the topics we explore in this conversation include the history of today's service and tip work economies, the trend of automation driving deskilled labor and microwork, the possibility of a world disentangled from wages, and more.
(The musical offering featured in this episode is Come The Rain by Maggie Clifford. The episode-inspired artwork is by Ellie Yanagisawa.)
Support our in(ter)dependent show: GreenDreamer.com/support
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Podcast: Politics Theory Other (LS 50 · TOP 0.5% what is this?)
Episode: Interregnum - the labour movement resurgent?
Pub date: 2022-07-02
Richard Seymour on the recent wave of strikes in the UK, and whether the upsurge of industrial action signals the long hoped for revival of Britain's labour movement.
The podcast and artwork embedded on this page are from Politics Theory Other, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: David Harvey's Anti-Capitalist Chronicles (LS 56 · TOP 0.5% what is this?)
Episode: Inequality, Ricardian Socialism, and Real Solutions
Pub date: 2022-06-30
In this episode of ACC, Prof. Harvey warns that the endless accumulation of capital in a variety of sectors is putting tremendous pressure on our economy, our world, and our very existence. Signs of economic growth—the rising mass of value; centralization of wealth and power in the hands of a small minority; the concentration of carbon dioxide gas in the atmosphere leading to serious climate and biological disruptions; the growing output of plastics; cement production in China; and airline travel and the surplus of liquidity seeking opportunities for investment—are being directed to unproductive activities like military expenditures and the defense industry, ever increasing the threat of nuclear war and mutually assured destruction. Harvey argues that international cooperation is needed and that alternatives must be explored. He discusses the work of Piketty and Ricardian Socialists as a way to address the growing inequality and gross injustices we are living through. He supports Piketty's ideas for the redistribution of income from the top 1% to the bottom 50% of the population and collaborative work models, like those of German and Swedish companies that give power to labor.
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Podcast: New Books in Political Science (LS 40 · TOP 2% what is this?)
Episode: Does Financial Repression Work?
Pub date: 2022-06-28
Michael Pettis is Professor of Finance at Peking University’s Guanghua School of Management. He started his career in banking in 1987 just in time for the tidal wave of emerging market defaults and the birth of the Brady Bond restructurings. He has been a trader, investment banker, and advisor to countries on capital markets strategies all while teaching at Columbia University.
Professor Pettis has authored four books (the most recently Trade Wars Are Class Wars (Yale University Press, 2021) with Matthew C. Klein), is a Senior Fellow at the Carnegie Endowment for International Peace, and is a frequent guest on BBC, NPR, Bloomberg Radio, and podcasts. He has written for the Financial Times, Wall Street Journal, and New York Times. A loose confederation of his former students is active in a variety of significant financial positions around the world and refer to themselves as
"The Pettis Group."
Robert Kowit began a career in investing in 1972, working in International Fixed Income and Foreign Exchange as a Senior Vice President at White Weld, Kidder Peabody, and as a Director of Midland Montagu. Moving to the buy-side in 1990, he was Senior Vice President and Head of International Fixed Income at John Hancock and then at Federated Investors until his retirement. He currently participates on committees of the International Chamber of Commerce and the International Trade and Forfaiting Association on ways to attract more financial investors to trade finance assets.
Robert is a contributor to the IMF World Bank Handbook, “Developing Government Bond Markets" and key speaker at the IMF World Bank Annual General Meeting. He is also lead author of the peer-reviewed paper, “Trade Finance as a Financial Asset: Risks and Risk Management For Non-Bank Investors” and most recently a contributor to Trade Wars Are Class Wars.
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Podcast: Below the Radar (LS 25 · TOP 10% what is this?)
Episode: Forced Labour, Modern Slavery and the Global Supply Chain — Genevieve LeBaron
Pub date: 2022-06-28
Genevieve LeBaron is a new Professor and Director of the School of Public Policy at Simon Fraser University, and the Principle Investigator of the ReStructure Lab. In this episode, Am and Genevieve discuss her research work on forced labour and the global market forces which incentivize those practices. They also discuss the new role for public policy in solving real-world solutions as well as the unique context of the School of Public Policy at SFU and its broader impact.
Full episode details: https://www.sfu.ca/vancity-office-community-engagement/below-the-radar-podcast/episodes/178-genevieve-lebaron.html
Read the transcript: https://www.sfu.ca/vancity-office-community-engagement/below-the-radar-podcast/transcripts/178-genevieve-lebaron.html
Resources: Meet Genevieve LeBaron, School of Public Policy’s New Director: https://www.sfu.ca/mpp/news-events/news/welcome-genevieve-lebaron.html Genevieve LeBaron: https://www.genevievelebaron.com/about ReStructure Lab: https://www.restructurelab.org/ Confronting the Business Models of Modern Slavery: https://journals.sagepub.com/doi/10.1177/1056492621994904 Hybrid (un)freedom in worker hostels in garment supply chains: https://journals.sagepub.com/doi/pdf/10.1177/00187267221081296 The Unequal Impacts of Covid-19 on Global Garment Supply Chains: http://speri.dept.shef.ac.uk/wp-content/uploads/2021/06/The-Unequal-Impacts-of-Covid-19-on-Global-Garment-Supply-Chains.pdf
Bio: Genevieve LeBaron is a Professor and Director, School of Public Policy, at Simon Fraser University's Vancouver campus.
Her award-winning research investigates the business of forced labour in global supply chains and the effectiveness of government, industry, and worker-led strategies to combat it. Her latest books are Combatting Modern Slavery: Why Labour Governance is Failing and What We Can Do About It (Polity Press, 2020, Winner of the Academy of Management SIM Division’s Best Book Prize) and Fighting Modern Slavery and Human Trafficking: History and Contemporary Policy (Cambridge University Press, 2021, co-edited with David W. Blight and Jessica Pliley). She is the author of over forty academic journal articles and book chapters.
LeBaron is Co-Principal Investigator of Re:Structure Lab, a research and policy Lab based across SFU School of Public Policy, Stanford and Yale Universities.
Her research has attracted funding from several councils and foundations, including: Social Sciences and Humanities Research Council of Canada (SSHRC); the UK’s Economic and Social Research Council (ESRC); The British Academy; Ford Foundation; Leverhulme Trust; and Humanity United. LeBaron has was elected to the College of the Royal Society of Canada in 2020.
Drawing from her research, LeBaron works closely with governments, United Nations agencies, global companies and others to build measures to prevent forced labour directly into their business models and supply chain relationships. She currently serves on the UK Parliament’s Modern Slavery and the Supply Chain Advisory Committee.
Cite this episode: Chicago Style
Johal, Am. “Forced Labour, Modern Slavery and the Global Supply Chain — with Genevieve LeBaron” Below the Radar, SFU’s Vancity Office of Community Engagement. Podcast audio, June 28, 2022. https://www.sfu.ca/vancity-office-community-engagement/below-the-radar-podcast/episodes/178-genevieve-lebaron.html.
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Podcast: The Rhodes Center Podcast (LS 38 · TOP 2.5% what is this?)
Episode: What if I told you that international money is governed by no more than the beliefs of a handful of super-connected global elites…and yet there is no conspiracy. Would you be interested?
Pub date: 2022-06-17
There’s a standard story economists and historians use to explain the global economy over the last 100 years: there was the gold standard, which gave way to the Bretton Woods system, which gave way to “neoliberal globalization”.
But on this episode of the Rhodes Center Podcast, Mark talks with someone whose work challenges this story by attacking its foundational myth with deep archival work.
James Ashely Morrison is an associate professor of International Relations at the London School of Economics and Political Science, and author of the new book England’s Cross of Gold: Keynes, Churchill, and the Governance of Economic Beliefs.
In it, he recounts the fight over Britain’s return to the Gold Standard after World War I, and comes to a bold conclusion: there never really was a “gold standard” – at least, not as we understand it. As James makes vividly clear, the “gold standard” was always more of an idea about a perfect state of the world, rather than an economic reality. As such, fights over it have always been less about actual monetary policy, and more about how people believe the economy is supposed to work.
James’ work not only adds depth and nuance to this misunderstood turning point in 20th century economics. As he and Mark discuss, it also forces us to reconsider so many of the more contemporary stories we’ve been told about how our economy works, and why.
Learn more about James’ book England’s Cross of Gold: Keynes, Churchill, and the Governance of Economic Beliefs.
Watch the talk James’ gave at the Rhodes Center this Spring.
Transcript coming soon.
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Podcast: The Sustainability Agenda (LS 41 · TOP 2% what is this?)
Episode: Episode 154: Interview with Professor Helen Thompson on her new book Disorder: Hard Times in the 21st century.
Pub date: 2022-06-16
Fascinating interview exploring the interwoven geopolitical, economic, and political history of Western democratic societies since the early 20th century, revealing the way in which the battles for energy and for resources has shaped politics, the fault lines ultimately leading to many recent crises. Helen shares her perspective on the evolving relationship between the US and China—the underlying dynamics, emphasising how the Chinese leadership thinks in strategic terms about green energy –unlike the US. Helen also highlights the scale of the challenge of the energy transition which, she argues, is often underestimated, pointing out how energy transitions in the age of fossil fuels has largely been about more energy sources, not directly replacing one energy source with another.
Helen Thompson is Professor of Political Economy at Cambridge and a fellow and Director of Studies at Clare College, Cambridge. Her current research concentrates on the political economy of energy and the long history of the democratic, economic, and geopolitical disruptions of the twenty-first century. She is the author of Oil and the Western Economic Crisis (2017), China and the Mortgaging of America (2010), and Might, Right, Prosperity and Consent: Representative Democracy and the International Economy (2008). Helen is a contributing writer to the New Statesman and has written articles for the London Review of Books, the New York Times, and the Financial Times. Her new book Disorder: Hard Times in the 21st century was published in February.
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Podcast: General Intellect Unit (LS 40 · TOP 2% what is this?)
Episode: 090 - Simulating Socialist Planning
Pub date: 2022-06-21
In which we are joined by Francis Tseng and Son La Pham, the creators of Half Earth Socialism, a game about socialist planning.
If you like the show, consider supporting us on Patreon.
Links:
- Half Earth Socialism, the game
- Half Earth Socialism, the book
- Son La Pham
- Francis Tseng
- General Intellect Unit on iTunes
- http://generalintellectunit.net
- Support the show on Patreon
- https://twitter.com/giunitpod
- General Intellect Unit on Facebook
- General Intellect Unit on archive.org
- Emancipation Network
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Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: Deindustrialization
Pub date: 2022-06-13
Gabriel Winant talks with Kim about the decline of the industrial working class and the rise of the health care industry.
Gabriel is an assistant professor of History at the University of Chicago. His book, The Next Shift: The Fall of Industry and the Rise of Health Care in Rust Belt America, is recently out from Harvard University Press. You can read his recent article on the subject in The New York Times.
The Next Shift focuses on the working class in the American context and Pittsburgh in particular. In the full version of our conversation, Gabriel recommended Aaron Benanav’s book Automation and the Future of Work (Verso 2020), for an argument about the larger global economic structures of deindustrialization. He also talks a bit about James Boggs, as someone who was well positioned to notice the effects of deindustrialization. We found this article about Boggs worth reading.
The image for this episode is a photograph of the abandoned Detroit Public Schools Book Depository, taken by Thomas Hawk on 13 June 2010. The image is posted of Flickr under a creative commons attribution non-commercial license. Lauren Berlant describes gives this photograph as a bad image of neoliberalism, which allows our social theory to derive “its urgency and its reparative imaginary from spaces of catastrophe and risk where the exemplum represents structural failure” (“The Commons: Infrastructures for Troubling Times” Society and Space 34 no. 3 (2016) p.395). But I like it. Saronik modified the original image.
Music used in promotional material: ‘Shadow of a Coal Mine’ by Linda Draper
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Podcast: Macro N Cheese (LS 43 · TOP 1.5% what is this?)
Episode: Brazil: From Hope to Fascism with Daniel Conceição
Pub date: 2022-06-11
Dr. Daniel Negreiros Conceição developed an interest in economics at a young age, having experienced the consequences of inflationary crises during his formative years. After being entranced by the writings of MMT economists as an undergrad studying economics at the Federal University of Rio de Janeiro, he came to the US to do his graduate studies at UMKC where he became a friend and colleague of so many of our favorite guests on this podcast. He left determined to use what he learned to help his own country achieve its potential.
He spoke with us about the recent political and historical context for background into the broader political economic situation and the stances of the major political actors towards it. He pointed out the closely matching parallel track with our own political developments in the US and the economic underpinnings. He also discussed many similarities in the state of the discourse and misinformation in discussions of finance and government budgets.
He then explained the mechanics of the Brazilian currency, the real, and discussed how the central bank manages it. He discussed balance of payment and foreign exchange situations, and explained why the issue of “monetary sovereignty” is part of the story, but not the end of it. He spoke of a country with monetary sovereignty and abundant natural resources. A country whose government accidentally proved with a massive pandemic economic bailout of the financial sector that the government can indeed do big things and better the lives of its people, if it really wants to.
Daniel Negreiros Conceição is an associate professor at the Unicamp Institute of Economics. A professor at the Institute of Research and Urban and Regional Planning (IPPUR) at the Federal University of Rio de Janeiro (UFRJ). He is one of the authors of the book “Modern Monetary Theory: The Key to an Economy at the Service of People”. He is president of the executive board of Institute of Functional Finance for Development Brasil.
https://iffdbrasil.org
Follow Prof. Daniel Conceição on twitter @stopthelunacy
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Podcast: Cosmopod (LS 41 · TOP 1.5% what is this?)
Episode: Roots of the Rank and File Strategy with Kim Moody
Pub date: 2022-06-13
Annie and Paul join Kim Moody, a socialist and labor movement theorist and author of The Rank and File Strategy and Breaking the Impasse. We discuss Kim's political origins between the civil rights movement and labor unionism; his experience with unions and rank-and-file rebellion in the 1970s as a member of International Socialists; the history, purpose and achievements of Labor Notes, Kim’s vision of political change through mass action, including his thoughts on the Amazon Labor Union, and what socialists today can learn from the work of him and his comrades.
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Podcast: Cosmopod (LS 41 · TOP 1.5% what is this?)
Episode: Value Chains, Supply Chains and Economic Imperialism with Intan Suwandi
Pub date: 2022-06-06
Rudy joins Intan Suwandi, author of Value Chains: The New Economic Imperialism and co-author of Covid-19 and Catastrophe Capitalism: Commodity Chains and Ecological-Epidemiological-Economic Crisis for a discussion on Global Commodity Chains. We discuss supply chains from a bird's eye, the theoretical development of the concept, and why they are so crucial to capitalist production and why they consolidate inequality and imperialism. We discuss how large companies use 'arms-length' contracting to discipline suppliers, and how that causes a race to the bottom that leaves very little benefits to the host countries. We continue by discussing why Covid-19 became such a catastrophe for supply chains, and what little changes have occurred to supply chains since the start of the pandemic. We finish by discussing what supply chains teach us about potential forms of struggle and alternative futures.
The podcast and artwork embedded on this page are from Cosmonaut Magazine, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Belabored (LS 48 · TOP 1% what is this?)
Episode: Belabored: Game Workers Unite and Win, with Emma Kinema
Pub date: 2022-06-03
Subscribe to the Belabored RSS feed here. Support the podcast on Patreon. Subscribe and rate on iTunes, Stitcher, and Spotify. Tweet at @DissentMag with #Belabored to share your thoughts, or join the conversation on Facebook. Check out the full archive here. Belabored is produced by Colin Kinniburgh.
Last week, workers at Raven Software, a division of major video game production company Activision Blizzard, voted to unionize, forming one of the first collective bargaining units in the games industry in the United States. The small group of quality assurance testers shocked the industry, but not our guest Emma Kinema, a former game worker turned senior campaign lead at the Campaign to Organize Digital Employees-Communications Workers of America (CODE-CWA). She joins us to talk Raven, Activision, and games and tech-industry organizing more broadly.
We also hear from Grace, a member of the latest union drive at a Planned Parenthood affiliate under the looming repeal of Roe v. Wade, and about a settlement for Victoria’s Secret garment workers in Thailand from the Solidarity Center’s David Welsh. We look in on the latest conditions for gig workers around the country (spoiler alert: they’re bad) and Seattle’s attempt to improve them. And for Argh, we consider what longtime organizers could learn from unexpected victories at Amazon and Starbucks, and a report on employers holding workers’ past sex work against them.
Catch up with Belabored at Labor Notes June 17-19! We’ll be hosting Belabored LIVE from the conference on Friday 6/17 at 5pm, and you can find us on several other panels throughout the weekend, talking China, labor radio, and essential workers. For more details check out the conference schedule here.
Thank you for listening to our 248th episode! If you like the show, you can support us on Patreon with a monthly contribution, at the level that best suits you.
If you’re interested in advertising on the show, please email ads@dissentmagazine.org. And as always, if you have any questions, comments, or tips, email us at belabored@dissentmagazine.org
News Anne D’Innocenzio, Thai garment workers win $8.3M in back pay after layoffs, ABC News
Matt Nesterak, Planned Parenthood workers in five states announce intent to unionize, Minnesota Reformer
National survey of gig workers paints a picture of poor working conditions, low pay, Economic Policy Institute
Seattle’s PayUp Policy, Working Washington
Sarah Grace Taylor, Seattle City Council passes ‘Pay Up’ bill, raising wages for certain gig workers, Seattle Times
Conversation
CODE-CWA
Kari Paul, Activision Blizzard’s Raven Software workers vote to form industry’s first union, Guardian
Kellen Browning, A Vote by Activision Workers Could Give Unions a Foothold in Gaming, New York Times
Sarah Jaffe, Organizing Big Tech, Rosa Luxemburg Stiftung
Sarah Jaffe, Tech’s new labor movement is harnessing lessons learned a century ago, Technology Review
Argh, I wish I’d written that!
Michelle: J. Edward Moreno, Prior Sex Work Haunts Employees Returning to Traditional Job, Bloomberg Law
Sarah: Chris Brooks, How Amazon and Starbucks Workers Are Upending the Organizing Rules, In These Times
The post Belabored: Game Workers Unite and Win, with Emma Kinema appeared first on Dissent Magazine.
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Podcast: State of Power (LS 27 · TOP 10% what is this?)
Episode: S3 Ep7: Capitalism and the Sea ( Mads Barbesgaard in Conversation with Liam Campling and Alex Colás)
Pub date: 2022-06-03
Aside from occasionally popping up as a topic, for example in relation to plastics, oil-spills, or occasional references to melting glaciers, the oceans are often a "forgotten space" for many otherwise inspiring social movements. But the oceans have had a central and changing role across different moments.
The global ocean has through the centuries served as a trade route, strategic space, fish bank and supply chain for the modern capitalist economy. While sea beds are drilled for their fossil fuels and minerals, and coastlines developed for real estate and leisure, the oceans continue to absorb the toxic discharges of our carbon civilisation—warming, expanding, and acidifying the blue water part of the planet in ways that will bring unpredictable but irreversible consequences for the rest of the biosphere.
Here at the State of power podcast, we are concerned with the ways in which power functions, on land and on the sea. With the United Nations Oceans Conference coming up between 27 June and 1 July, we thought this would be as good a time as any to take a closer look at the oceans that make up more than 70% of our planet’s surface.
What is the relation between contemporary social, environmental, climate, economic crises and the oceans?
Also, who is benefitting from all of this exploitation of the oceans, and how? Who are the capitalists at sea and what are their strategies? What types of acts of resistance and struggle exist against these interests - historically and today?
Liam Campling and Alex Colas, are the authors of the book, Capitalism and the Sea: The Maritime Factor in the Making of the Modern World
In their book, which deals with the political economy, ecology and geopolitics of the sea, the authors argue that the earth’s geographical separation into land and sea has significant consequences for capitalist development. The distinctive features of this mode of production continuously seek to transcend the land-sea binary in an incessant quest for profit, engendering new alignments of sovereignty, exploitation and appropriation in the capture and coding of maritime spaces and resources.
Here they are in conversation with Mads Barbesgaard, who is a researcher with TNI working on struggles around the use and control of land and ocean resources in the midst of the energy transition. Mads is also an Associate Senior Lecturer at the Department of Human Geography, at Lund University in Sweden.
Image source: Pleine Mer
The podcast and artwork embedded on this page are from State of Power, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Reviving Growth Keynesianism (LS 27 · TOP 10% what is this?)
Episode: Nina Eichacker on Solyndra, Socialism, and Fiscal Space
Pub date: 2022-05-31
For this episode, we talk with Nina Eichacker, Assistant Professor of Economics at the University of Rhode Island. We discuss her wide ranging work on green industrial policy, the politics of Eurozone monetary policy, and two pre-pandemic books about American socialism.
LINKS
Read more of Nina Eichacker's work on her web page: https://ninaephd.org/
Follow her on twitter: @nina_econ
"The Case for More Solyndras" https://www.technologyreview.com/2020/11/19/1012302/solyndra-climate-change-industrial-policy-opinion/
"Institutions, Liquidity Preference, and Reserve Asset Holding in the Eurozone Core and Periphery Before and After Crises: Some Stylized Facts" https://osf.io/preprints/socarxiv/qprm3/
"A Political Economy of Fiscal Space: Political Structures, Bond Markets, and Monetary Accommodation of Government Spending Potential at Municipal, National, and International Levels" https://osf.io/preprints/socarxiv/yxjh5/
"Can America Truly Turn Socialist?" https://www.tandfonline.com/doi/abs/10.1080/05775132.2019.1694274
Although we did not discuss it, also be sure to check out her NOEMA article with Jason Oakes: "Fight Inflation with Surplus, not Scarcity" https://www.noemamag.com/fight-inflation-with-surplus-not-scarcity/
The podcast and artwork embedded on this page are from Robert Manduca and Nic Johnson, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macro N Cheese (LS 43 · TOP 1.5% what is this?)
Episode: Taming Inflation with Robert Hockett
Pub date: 2022-05-28
Be sure to check out the transcript for each episode of this podcast on our website, where you will also find an “Extras” page with links to related resources. realprogressives.org/macro-n-cheese-podcast **
Robert Hockett drops into the Macro N Cheese clubhouse to talk to Steve about the usual stuff: inflation, monopoly capitalism, the massive scale of global inequality, and the climate crisis barreling down on us at an ever-faster speed. It is our ninth episode with Bob, this one spurred by his recent article, the alliterative “Prices, Preclusive Purchases, and Production: Some Forgotten Solutions to Forgotten Inflation Problems” (Forbes, 13 May 2022), which diagnoses the current inflation as three supply side dysfunctions – short, medium, and long term.
Folks like Larry Summers focus on labor costs, in hopes of encouraging a further clampdown on labor, while executives are boasting record profits and chortling about marking up prices under cover of inflation.
Isn’t this just the reality of capitalism? Can it be tamed – and if so, what would that look like? If we can’t yet get rid of capitalism, are there workarounds? Bob suggests identifying those products and services that are essential to leading decent, peaceful lives and removing them from the profit-maximizing system altogether. He goes into the history of public involvement in healthcare and home finance. Another area is food:
“Here's a case where we allow the private sector beneficiaries of that socialization, namely big agriculture, to profit enormously … The agricultural sector is subject, of course, to the vagaries of weather, meteorological conditions, and so forth. Furthermore, it's subject to the potential for overproduction of exactly the kind that Marx and some other political economists in the 19th century predicted. And the only way, it turned out, to keep them in business and keep them producing was for the federal government to promise to buy any of the surplus.”
There has been a lot of talk about supply chains, which Bob welcomes, ironically, for including the word “supply,” because it has been missing from American economic discourse for quite some time.
“But one problem with that phrase is, it lumps together two distinct things, right? On the one hand, you have to have the production of that which is to be supplied, and then on the other hand, you have to have the delivery of the supplies. And the phrase ‘supply chain’ seems to lump those two things together.”
Steve brings up the fact that exporting production means exporting pollution. In addition to exploiting cheap labor abroad, outsourcing production has allowed companies to evade US environmental regulations. The discussion leads to the need for a Green New Deal and the possibilities therein. They also talk about the IMF and World Bank and ask if the US is held to different standards. (It is.)
A Bob Hockett episode is as much a conversation as an interview. These two old friends don’t just look at problems, they peer down the path to solutions – some possible, some not. Whether you agree with either of them, it’s worth a listen. Tell us what you think.
Robert Hockett is the Edward Cornell Professor of Law at Cornell Law School, Adjunct Professor of Finance at Georgetown University’s McDonough School of Business, and Senior Counsel at Westwood Capital, LLC.
@rch371
The podcast and artwork embedded on this page are from Steve Grumbine, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: American Prestige (LS 49 · TOP 1% what is this?)
Episode: E46 - The Currency of Politics, Ep. 1 w/ Stefan Eich
Pub date: 2022-05-27
Danny and Derek talk about the Australian election (0:33), Biden's Asia trip (6:48), island transfers in the Red Sea (14:22), and Ukraine (21:08). They then speak with Stefan Eich (32:44), assistant professor of government at Georgetown University, about his new book The Currency of Politics. They discuss the history of money, the relationship between war and currency, and much more through the time of John Locke.
Check out Stefan’s book here: https://bit.ly/3NEHyt3
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.americanprestigepod.com/subscribe
The podcast and artwork embedded on this page are from Daniel Bessner & Derek Davison, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: David Harvey's Anti-Capitalist Chronicles (LS 56 · TOP 0.5% what is this?)
Episode: Freedom, Necessity and Anti-Capitalism
Pub date: 2022-05-19
In this episode of Anti-Capitalist Chronicles, Prof. Harvey points to some hopeful changes in the political landscape of various countries: Columbia, Peru, Brazil, France. Drawing a parallel from Marx's argument of the 10-hour work day as a first step, he argues that, given the current US conditions, an anti-capitalist agenda should perhaps shift its focus to small, incremental changes and begin to mobilize around important issues like the right to decent housing, a decent wage.
The podcast and artwork embedded on this page are from Democracy at Work - David Harvey, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Dig (LS 59 · TOP 0.5% what is this?)
Episode: Center and Periphery w/ Margarita Fajardo
Pub date: 2022-05-21
Historian Margarita Fajardo on her book The World That Latin America Created: The United Nations Economic Commission for Latin America in the Development Era. Fajardo discusses the Latin American economists at the Economic Commission for Latin America and the Caribbean (CEPAL) who conceptualized the division of the global economy between center and periphery, and how that later gave rise to dependency theory and world systems theory. Plus Cuban Revolution and the Alliance for Progress, Allende’s democratic road to socialism and right-wing coups in Chile and Brazil—and more.
Support The Dig at Patreon.com/TheDig
The podcast and artwork embedded on this page are from Daniel Denvir, Jacobin, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Belabored (LS 48 · TOP 1% what is this?)
Episode: Belabored: Women Leading the Labor Movement
Pub date: 2022-05-20
Subscribe to the Belabored RSS feed here. Support the podcast on Patreon. Subscribe and rate on iTunes, Stitcher, and Spotify. Tweet at @DissentMag with #Belabored to share your thoughts, or join the conversation on Facebook. Check out the full archive here. Belabored is produced by Colin Kinniburgh.
One of the upshots of the turmoil of the last two years is that the chaos and dangers of working during the pandemic have spurred people to take action to protect their rights at work and to organize their fellow workers. In recent months we’ve seen a rising tide of union drives, many of them clustered in industries that have historically been quite successful at keeping unions out, like food, retail, and logistics.
In this episode, Belabored presents a panel discussion with some of the women who are at the helm of this movement, to talk about how their experiences as women have shaped their perspective as workers and organizers. We’ll hear from Nozlee Samadzadeh of the New York Times Tech Guild, Maddie VanHook, worker-organizer with Starbucks Workers United, and Jennifer Bates, worker-organizer at Amazon’s BHM1 fulfillment center in Bessemer, Alabama. The panel was sponsored by The Century Foundation and WILL Empower, a joint initiative of Georgetown University’s Kalmanovitz Initiative for Labor and the Working Poor and Rutgers University’s Center for Innovation in Worker Organization.
In other news, we check in with child-care workers organizing for better pay, revisit inflation with J.W. Mason, and examine the impact of Long COVID and abortion rights for workers in a post-Roe world. With recommended reading on the exploitation of formerly incarcerated workers and a clash between police and delivery couriers in the UK.
Thank you for listening to our 247th episode! If you like the show, you can support us on Patreon with a monthly contribution, at the level that best suits you.
If you’re interested in advertising on the show, please email ads@dissentmagazine.org. And as always, if you have any questions, comments, or tips, email us at belabored@dissentmagazine.org
News Sarah Jaffe, Tug Life, American Prospect
Ximena Conde, More than 20 Philly child-care centers go on strike, Philadelphia Inquirer
A Day Without Child Care, Community Change Action
Jenny Gross, ‘Another Unequal Burden’: Working With Long Covid, New York Times
Long Covid Impact on American Adults, Solve Long Covid Initiative
Jeff Cox, Powell says the Fed will not hesitate to keep raising rates until inflation comes down, CNBC
Dominic Rushe, Federal Reserve announces biggest interest rate hike since 2000, Guardian
Abortion rights are economic rights: Overturning Roe v. Wade would be an economic catastrophe for millions of women, Economic Policy Institute
Emma Goldberg, How Roe Shaped the World of Work for Women, New York Times
Sarah Jaffe, Why Harris and Hobby Lobby Spell Disaster for Working Women, In These Times
Silent no more: overworked tugboat workers are reaching breaking point, International Transport Workers’ Federation
Conversation
Jennifer Bates, worker-organizer and leader of the BAmazonUnion (RWDSU) organizing effort
Nozlee Samadzadeh, New York Times software engineer and New York Times Tech Guild organizing committee member
Maddie VanHook, Starbucks shift supervisor and leader with Starbucks Workers United
Michelle Chen, Workers Fight for Their Lives, In These Times
Jordan Zakarin, NLRB Files National Lawsuit Against Starbucks Over Anti-Worker Rules, More Perfect Union
Starbucks Workers United
New York Times Tech Guild
Sarah Jaffe and Michelle Chen, Belabored: Black Against Amazon, with Steven Pitts and Robin D.G. Kelley, Dissent
Argh, I wish I’d written that!
Michelle: Katie Jane Fernelius, How the Construction Industry Preys on Workers Newly Released From Prison, In These Times
Sarah: Rivkah Brown, Couriers Stunt Dalston’s Gentrification. The Police and Council Want Them Gone, Novara Media
The post Belabored: Women Leading the Labor Movement appeared first on Dissent Magazine.
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Podcast: Thinking Allowed (LS 58 · TOP 0.5% what is this?)
Episode: Covid and change
Pub date: 2022-05-18
Covid: Laurie Taylor explores the impact of the pandemic on our working and home lives. Will Davies, Professor in Political Economy at Goldsmiths, University of London, suggests it has revealed the politics of our economy, offering prosperity to some and hardships to others. He’s joined by Heejung Chung, Professor of Sociology and Social Policy at the University of Kent, whose research explores the impact of Covid on flexible working . Has it led to a more equal division of labour for heterosexual couples or entrenched existing inequalities?
Producer: Jayne Egerton
The podcast and artwork embedded on this page are from BBC Radio 4, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Hierarchies of Development
Episode: Ep. 2 Labour hierarchies
Pub date: 2022-05-18
We speak to Rosa Abraham (Aziz Premji University, India) and Lucia Pradella (King’s College, London, UK) about their respective work on the Indian labour market and the political economy of work in the Mediterranean region. Join us to reflect on some key contemporary issues surrounding work and migration, including the role of gender and imperialism.
The Hierarchies of Development podcast offers long format interviews focusing on enduring global inequalities. Conversations focus on contemporary research projects by critical scholars from across the world that help us understand how and why structural hierarchies persist. Join hosts Ingrid Kvangraven (King’s College, London) and Basile Boulay (EADI) for this series of engaging discussions on pressing issues in the social sciences.
This podcast is a joint production between King’s College, London, the European Association for Development Research and Training Institutes (EADI) and the Developing Economics blog, with special editing support from Jonas Bauhof.
The podcast and artwork embedded on this page are from Hierachies of Development Podcast, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Rupture Radio
Episode: Bonus: The case for eco-socialist degrowth - meeting recording
Pub date: 2022-05-11
This week we have a bonus episode - a recording from a live public meeting Rupture organised with RISE on the case for eco-socialist degrowth.
Capitalist growth is destroying our life support systems. Every single year the material taken from the Earth to feed the insatiable capitalist appetite for profits grows larger and larger and the waste spewing into the atmosphere, land, rivers, and sea grows bigger and bigger. The latest IPCC reports make clear that we have "a brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all".
However, climate action has to be more than “saving the environment” and ensuring a safe future. It also must ensure we’re building a different society that delivers a better life for all, in particular for all those most impacted by poverty, deprivation, and insecure conditions.
In this meeting, we discuss the case for eco-socialist degrowth, which is “a planned downscaling of energy and resource use to bring the economy back into balance with the living world in a safe, just and equitable way."
SPEAKERS
Stefania Barca - Distinguished Researcher "Beatriz Galindo", University of Santiago de Compostela (ES); and the author of many books and articles including 'The Labor(s) of Degrowth', Forces of Reproduction and Towards a Political Economy of Degrowth
Paul Murphy - TD for the eco-socialist party People Before Profit and a member of the revolutionary socialist network, RISE; and regular contributor to Rupture Magazine and Rupture Radio podcast and co-author of 'The necessity of ecosocialist degrowth'.
Send in a voice message: https://anchor.fm/ruptureradio/message
The podcast and artwork embedded on this page are from Rupture Media, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Cosmopod (LS 41 · TOP 1.5% what is this?)
Episode: Marxism and the Philosophy of Science with Helena Sheehan
Pub date: 2022-05-05
Djamil and Donald join Helena Sheehan, author of Marxism and the Philosophy of Science: A Critical History for a deep dive on the interactions between these two fields. They start off with Sheehan’s intellectual history, before discussing what Marxism is and how it relates to other philosophies of science. They talk about Marx & Engels’ relationship to science, in particular to Darwinism, Engels’ much maligned Dialectics of Nature, its relationship to Hegel, and the laws of dialectics. They continue with the Austromarxists and Neokantianism, its influence on Bogdanov and the Bolshevik Machists, and Lenin’s reply in Materialism and Empirio-criticism. They also discuss the criterium of practice, Bukharin’s philosophy of science and his influence via Science at the Crossroads on a generation of British Marxists including Bernal, Haldane and Caudwell. They finish with discussing the cold & warm split in Marxism.
The podcast and artwork embedded on this page are from Cosmonaut Magazine, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Governance Podcast (LS 27 · TOP 10% what is this?)
Episode: Cultures of Expertise in Economics: In Conversation with Dr. Danielle Guizzo
Pub date: 2022-05-04
On this week’s episode of the Governance Podcast, our Director Mark Pennington interviews Dr. Danielle Guizzo from University of Bristol. This episode is titled “Cultures of Expertise in Economics”. This episode explores the way in which the discipline of Economics has evolved over the years, the way economists achieved their status as scientific experts, and how pluralism and diversity may be promoted within the wider discipline.
The podcast and artwork embedded on this page are from Centre for the Study of Governance and Society, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Political Economy Forum (LS 32 · TOP 5% what is this?)
Episode: #78 - The Franchise Economy - w/ Mark Schwartz
Pub date: 2022-05-09
In this episode, Prof. Mark Schwartz of UVA discusses the cause of reductions in US economic growth since 1970, arguing that industrial organization plays a key role.
The podcast and artwork embedded on this page are from University of Washington, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: New Economics Podcast (LS 51 · TOP 0.5% what is this?)
Episode: What did Covid-19 reveal about how our economy is really run?
Pub date: 2022-05-03
In the early months of the pandemic, the government shut down whole sectors of the economy and started paying the wages of a huge proportion of Brits. Some worked from home, juggling homeschooling their kids and figuring out how to use Zoom. Others risked their health to travel to work. Meanwhile Big Tech and outsourcing companies raked in money through government contracts.
What can we learn from moments when the predictable rules of economic life are suspended? Who wins and who loses in these points of crisis? And has the pandemic pushed us into a new form of capitalism?
Ayeisha is joined by Sahil Dutta and Nick Taylor, lecturers in political economy at Goldsmiths University to discuss their new book "Unprecedented? How Covid-19 revealed the politics of our economy"
- The book written alongside Will Davies and Martina Tazzioli is out now: https://www.penguinrandomhouse.com/books/691630/unprecedented-by-william-davies-sahil-jai-dutta-nick-taylor-and-martina-tazzioli/
- Find out more about Sahil and Nick's work here: https://www.perc.org.uk/
- Further reading on the care crisis and coronavirus by Emma Dowling here: https://www.versobooks.com/books/4031-the-care-crisis
Researched by Margaret Welsh. Produced by Becky Malone.
Music by C. Scott and Poddington Bear under Creative Commons license.
Enjoying the show? Tweet us your comments and questions @NEF!
The New Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org
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Podcast: Postcapitalism Podcast
Episode: Robin Hahnel on equitable cooperation, social ownership, and democratic economic planning
Pub date: 2022-05-02
In this episode, our guest is Robin Hahnel, who, in partnership, with Michael Albert developed a model called the “participatory economy”. His latest book, "Democratic Economic Planning", was published in 2021, and forms the basis for our conversation. Among the subjects we discuss are democratic economic planning, generational justice and building moral economies.
The podcast and artwork embedded on this page are from Postcapitalism Podcast, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: State of Power (LS 26 · TOP 10% what is this?)
Episode: S3 Ep4: The Problem with Global Trade 2. The World Trade Organization (In conversation with Alexandra Strickner)
Pub date: 2022-04-29
For a while now, the mantra “trade not aid” has dictated how the overdeveloped countries of the Global North engage with their less wealthy counterparts. The logic being that trade is more dignified than aid, and leads to longer lasting change.
However, to anyone who has been paying attention, the way global trade is set up may actually be one of the reasons these countries remain poor. The playing field is far from level, and there are multiple mechanisms that work in concert to ensure it remains that way. To try and understand how the global trade system works, and to find out what can be changed, we had a series of conversations with some experts. In all these conversations, we aimed to understand how the current global trade system came to be, how it works, and how we can make it more equitable, just, and fair. In this episode, we wanted to understand exactly what the WTO is, where did it come from in the first place, and why does it have the influence it has?
Our guest, Alexander Strickner, studied economics in Vienna and is co-founder of ATTAC Austria. Alexandra has decades of experience working in Civil Society around issues of globalization, EU trade policy and Economic alternatives.
The podcast and artwork embedded on this page are from State of Power, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Sustainability Agenda (LS 41 · TOP 2% what is this?)
Episode: Episode 149 Professor Kevin Gallagher and Richard Kozul-Wright discuss their ideas for a new Bretton Woods to deal with inequality and climate breakdown
Pub date: 2022-04-25
Professor Kevin Gallagher and Richard Kozul-Wright discuss their new book The Case for a New Bretton Woods. They highlight the unmet promises for reforms to promote stability, social inclusion, and sustainability in the aftermath of the 2008–9 global financial crisis—and argue that in the wake of Covid there is now an opportunity to reform the financial system and deal with the inequality, volatility, and climate breakdown. Kevin and Richard outline a series of fundamental reforms to bring the Bretton Woods institutions, reforming international finance, aligning trade and investment rules with climate and development goals.
Kevin T Gallagher is Professor of Global Development Policy and Director of the Global Development Policy Center at Boston University, whose mission is to advance policy-relevant research for financial stability, human wellbeing, and the environment on a global scale. Richard Kozul-Wright is Director of the Division on Globalization and Development Strategies at the United Nations Conference on Trade and Development (UNCTAD) He has worked at the UN in both New York and Geneva and published widely on economic issues.
The podcast and artwork embedded on this page are from Fergal Byrne, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: State of Power (LS 26 · TOP 10% what is this?)
Episode: S3 Ep3: The Problem with Global Trade 1. Entrenching Inequality (in conversation with Grieve Chelwa)
Pub date: 2022-04-14
For a while now, the mantra “trade not aid” has dictated how the overdeveloped countries of the Global North engage with their less wealthy counterparts. The logic being that trade is more dignified than aid, and leads to longer lasting change.
However, to anyone who has been paying attention, the way global trade is set up may actually be one of the reasons these countries remain poor. The playing field is far from level, and there are multiple mechanisms that work in concert to ensure it remains that way. To try and understand how the global trade system works, and to find out what can be changed, we had a series of conversations with some experts. In all these conversations, we aimed to understand how the current global trade system came to be, how it works, and how we can make it more equitable, just, and fair.
In today’s episode, the first of the series, we speak to Grieve Chelwa, who is an economist, about how the global trade system particularly affects African countries. Grieve is the director of research at the Institute on race power and politics at the New school in New York City.
In upcoming episodes, we will delve deeper into the history of the World Trade Organization, we will look at how global trade as it is currently done contributes to climate change, we will explore how Global North countries can change the way they engage with their less wealthy counterparts, and we will zoom in on investor state dispute settlement, a particularly insidious mechanism that makes it difficult for countries to decouple themselves from an exploitative trade system that stifles their economic growth.
Image source: Wikimedia commons/Jkwchui.
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Podcast: Zer0 Books
Episode: Kinetic Marxism: An Interview with Thomas Nail
Pub date: 2022-04-24
On this episode, Will and Adam from Acid Horizon speak with Thomas Nail about his book “Marx in Motion: A New Materialist Marxism”. They discuss the origins of Marx’s theory of matter based on his doctoral dissertation on Epicurean philosophy, his critique of rigid atomism, and his dynamic theory of matter in motion that reveals its innate capacity for transformation. Thomas explains the centrality of the notion of movement to notions of labor and valuation in the first volume of Marx’s Capital, as well as his innovative claim that Marx’s theory of value was not one based on labor, but one based on seeing value as a delusion of seeing the products of productive motions as commodities whose qualities were entirely disconnected from those processes—a delusion grounded in the very origins of value itself in primitive accumulation, dispossession, appropriation, and enslavement under Racial Capitalism. Thomas’ work challenges the various revolutions in Marxist interpretation since Engels and boldly asks how we can transform a Marxism based on movement, to a movement based on Marxism.
The podcast and artwork embedded on this page are from Emma Goddard, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Green Dreamer: Seeding change towards collective healing, sustainability, regeneration (LS 55 · TOP 0.5% what is this?)
Episode: 353) Jason Moore: The impossible endless accumulation of capital
Pub date: 2022-04-19
In this episode, we welcome Jason W. Moore, an environmental historian and historical geographer at Binghamton University, where he is professor of sociology. He is author or editor of several books: most recently, of Capitalism in the Web of Life; and, with Raj Patel, A History of the World in Seven Cheap Things.
His books and essays on environmental history, capitalism, and social theory have been widely recognized, and he coordinates the World-Ecology Research Network.
Support our community-powered show: GreenDreamer.com/support
(The musical offering in this episode is Debt by Luna Bec.)
The podcast and artwork embedded on this page are from Kamea Chayne, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: Lucia Pradella on Imperialism and Unfree Labor in the Mediterranean
Pub date: 2022-04-17
Lucia Pradella studied Philosophy, Social Sciences and Migration Studies at the University of Venice Ca’ Foscari and the Humboldt University in Berlin. She collaborated with the project of historical-critical edition of Marx’s and Engels’s complete works at the Berlin-Brandenburg Academy of Sciences and Humanities. After completing her PhD on globalisation and the history of political economy using that edition (jointly at the University of Naples Federico II and Paris X Nanterre), she conducted a two-year postdoctoral research fellowship in Sociology of Economic Processes and Work at Ca’ Foscari. She taught in the areas of International Political Economy, Migration, and Welfare Policies at Brunel, SOAS and Ca’ Foscari. She is a Research Associate in the SOAS Department of Development Studies and in the Centre for the Global Political Economy at the University of Sussex, and member of the Laboratory for Social Research at Ca’ Foscari. She joined King’s as a lecturer in International Political Economy in 2015.
Donate TodayA note from Lev:
I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify economics for teachers. The podcast is now within the top 2.5% of podcasts worldwide in terms of listeners (perListen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week. The podcast is reaching thousands of listeners each month.
The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy.
I am looking to be able to raise money in order to improve the technical quality of the podcast and website and to further expand the audience through professionally designed social media outreach. I am also hoping to hire an editor.
Our goal is to raise $12,000 this year.If you can donate a few dollars each month it will help us reach that goal. And if you know of a family foundation that might be interested in donating to A Correction please be in touch. Thank you! (And a huge thank you to all of the people who have already supported the podcast!)
Best,
Lev
The podcast and artwork embedded on this page are from A Correction Team, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Belabored (LS 48 · TOP 1% what is this?)
Episode: Belabored: Winning in Logistics Work, with Michelle Valentin Nieves and Laleh Khalili
Pub date: 2022-04-08
Subscribe to the Belabored RSS feed here. Support the podcast on Patreon. Subscribe and rate on iTunes, Stitcher, and Spotify. Tweet at @DissentMag with #Belabored to share your thoughts, or join the conversation on Facebook. Check out the full archive here. Belabored is produced by Colin Kinniburgh.
Today, we bring you a two-part episode on logistics labor. First, we speak with Michelle Valentin Nieves, a member of the workers’ committee of the independent Amazon Labor Union. The ALU shocked the world and became the first stateside union to win an election at Amazon last Friday, and we—like everyone—have lots of questions about how they did it. We then move up the supply chain, continuing our discussion with Laleh Khalili, Professor of International Politics at Queen Mary University of London and the author of Sinews of War and Trade: Shipping and Capitalism in the Arabian Peninsula. We talk about the way colonialism left us with not only the shipping routes and ports that we still use today, but also the racialized labor hierarchy on board ship and at port.
We also check in with Philadelphia Museum of Art workers, who continue to fight for a contract nearly two years after winning their union election, and for “Argh! I wish I’d written that!” we look at the hard work and low pay of touring musicians, and a personal story of deindustrialization hitting home.
With this episode we also celebrate our nine-year anniversary as a podcast. On April 12, 2013, our show was born with an interview with Karen Lewis of the Chicago Teachers Union, and Michelle became a permanent partner in crime shortly thereafter. In that time, we’ve brought you nearly 250 episodes of interviews with workers, organizers, historians, and authors on work and the labor movement. In that time we’ve watched a new generation of young people take up the cause of labor, and win some groundbreaking victories like the one at Amazon last week.
Bringing you this level of journalism has been rewarding, but it isn’t cheap and it isn’t easy. If you’ve ever been considering becoming a Patreon supporter, our ninth anniversary would be a great time to do so. Thanks for all you’ve done since we started: supporting us, sharing us with your friends, and telling us your stories.
If you’re interested in advertising on the show, please email ads@dissentmagazine.org. And as always, if you have any questions, comments, or tips, email us at belabored@dissentmagazine.org
News Luis Feliz Leon, Amazon Workers in Staten Island Clinch a Historic Victory, Labor Notes
Sarah Lazare, How Workers Used Amazon’s Captive Audience Meetings Against the Company, In These Times
Philadelphia Museum of Art, @pma_union (Instagram) and @PMA_union (Twitter)
AFSCME Cultural Workers United, @cwuafscme
Conversation
Laleh Khalili, Professor of International Politics at Queen Mary University of London
Sinews of War and Trade: Shipping and Capitalism in the Arabian Peninsula, Verso
Big ships were created to avoid relying on the Suez Canal. Ironically, a big ship is now blocking it., Washington Post
Karen Gilchrist, Britain’s P&O Ferries broke the law in laying off 800 staff, boss admits, CNBC
Argh, I wish I’d written that!
Michelle: Lauren Celenza, How Deindustrialization Shaped My Working-Class Family, In These Times
Sarah: Zach Schonfeld, Why Are Musicians Expected To Be Miserable On Tour Just To Break Even?, Stereogum
The post Belabored: Winning in Logistics Work, with Michelle Valentin Nieves and Laleh Khalili appeared first on Dissent Magazine.
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Podcast: Economics & Beyond with Rob Johnson (LS 40 · TOP 2% what is this?)
Episode: Richard Kozul-Wright & Kevin Gallagher: Re-orienting Global Finance Towards Ecological and Social Goals
Pub date: 2022-04-11
UNCTAD Director Richard Kozul-Wright and Kevin Gallagher, Global Development Policy professor at Boston University, discuss their book, The Case for a New Bretton Woods. Ever since the post-war economic order was dismantled beginning in the 1980s, a re-design of the global economic order has become increasingly urgent in light of the social and ecological crises that we face.
The podcast and artwork embedded on this page are from Institute for New Economic Thinking (INET), which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The China in Africa Podcast (LS 48 · TOP 1% what is this?)
Episode: Can the "Shanghai Model" Solve the Global South Debt Crisis?
Pub date: 2022-04-08
During the last major Global South debt crisis in the late 1980s, the United States pioneered an initiative that bundled together all of these countries' debts into a bond that would then be re-packaged and sold to investors. These so-called "Brady Bonds" were very effective in giving many of the poorest, most indebted countries the breathing room they needed to recover.
Now, as developing countries are confronting yet another debilitating debt crisis, an update to the Brady Bond idea is now circulating but this time it's coming from China, not the U.S.
Just like a Brady Bond, the so-called Shanghai Model would roll up poor countries' debt into a bond asset and then sell it to investors. But there's a catch: rather than price it in dollars, the Shanghai Model would use Chinese yuan.
Economists Ying Qian and Yan Wang from Boston University's Global Development Policy Center have been writing a lot lately about the Shanghai Model and exploring its viability. Ying joins Eric & Cobus from Washington, D.C. to discuss whether it really can replicate the success of the Brand Bond.
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The podcast and artwork embedded on this page are from SupChina, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Sustainability Agenda (LS 41 · TOP 2% what is this?)
Episode: Episode 148: Interview with Professor Ann Pettifor on finance and climate and stranded assets
Pub date: 2022-04-09
Wide ranging interview with Professor Ann Pettifor on the impact of an unstable financial system on the prospects of dealing with the climate crisis, Bretton Woods, the power of private finance, which she believes is ultimately designed to serve the interests of the 1%. Ann argues, however, that the power of private finance is overstated, pointing to the various ways in which financial institutions consistently rely on public institutions to bail them out—how we are not actually living in time of free market capitalism. Rather than focus exclusively on the cost of decarbonization, Ann argues that think of a different economy living more simply, living with less carbon, living in an economy which is not based on fossil fuels.
Ann Pettifor is a British economist who advises governments and organisations. Her work focuses on the global financial system, sovereign debt restructuring, international finance and sustainable development. She was one of the leaders of the Jubilee 2000 debt cancellation campaign and is a member of the Green New Deal Group of economists, environmentalists and entrepreneurs actively working to shift the world away from fossil fuels. Her latest book is The Case for the Green New Deal.
The podcast and artwork embedded on this page are from Fergal Byrne, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: James K. Galbraith on the Euro Crisis, Greece and Central Bank Sanctions
Pub date: 2022-04-03
James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs and a professorship in Government at The University of Texas at Austin. He was executive director of the Joint Economic Committee of the United States Congress in the early 1980s. He chaired the board of Economists for Peace and Security from 1996 to 2016 and directs the University of Texas Inequality Project. He is a managing editor of Structural Change and Economic Dynamics.
From 1993 to 1997 Galbraith served as chief technical adviser for macroeconomic reform to the State Planning Commission of the People's Republic of China. In 2010, he was elected to the Accademia Nazionale dei Lincei. In 2014 he was co-winner of the Leontief Prize for Advancing the Frontiers of Economics. In 2020 he received the Veblen-Commons Award of the Association for Evolutionary Economics. He holds degrees from Harvard University (AB, magna cum laude), in economics from Yale University (M.A., M.Phil, Ph.D.), and academic honors from universities in Ecuador, France and the Russian Federation. He is a Marshall Scholar, a life member of the Council on Foreign Relations and the Texas Philosophical Society, and a member of the Free Economic Society, an organization of economists in Russia, chartered by Catherine the Great in 1765.
CONTRIBUTEA note from Lev:
I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify economics for teachers. The podcast is now within the top 2.5% of podcasts worldwide in terms of listeners (perListen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week. The podcast is reaching thousands of listeners each month.
The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy.
I am looking to be able to raise money in order to improve the technical quality of the podcast and website and to further expand the audience through professionally designed social media outreach. I am also hoping to hire an editor.
Our goal is to raise $12,000 this year.If you can donate a few dollars each month it will help us reach that goal. And if you know of a family foundation that might be interested in donating to A Correction please be in touch. Thank you! (And a huge thank you to all of the people who have already supported the podcast!)
Best,
Lev
The podcast and artwork embedded on this page are from A Correction Team, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Gateway - A Podcast from the Middle East (LS 29 · TOP 10% what is this?)
Episode: Palm Oil, Empire, And Globalized Capitalism, With Max Haiven
Pub date: 2022-03-31
In this episode, we focus on a very slippery material: palm oil. It can be found in a huge amount of food, health products, medicine, clothing, and technology.
Despite its ubiquity, the history and centrality of palm oil in globalized capitalism have tended to be overlooked.
In this episode, we speak to Max Haiven, Canada Research Chair in Culture, Media and Social Justice at Lakehead University. Max is the author of a new book, Palm Oil: The Grease of Empire, which will be published in April by Pluto Press.
The podcast and artwork embedded on this page are from Al Bawaba News, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Global Development Institute podcast (LS 26 · TOP 10% what is this?)
Episode: The New International Economic Order and the Right to Development with Jennifer Bair
Pub date: 2022-04-05
This podcast focuses on development politics at the United Nations, particularly the period of the so-called New International Economic Order (NIEO) in the 1970s. The NIEO was an effort by Third World countries to pursue a reform agenda that combined global redistribution from North to South with state-led developmentalism at the national level. By revisiting this fascinating and tumultuous period in the global political economy, Bair aims to re-centre the role of Southern states in debates about globalization, human rights and inequality.
Jennifer Bair is Professor of Sociology and Department Chair at The University of Virginia
Read a transcript of the podcast: https://hummedia.manchester.ac.uk/institutes/gdi/research/transcripts/new_international_economic_order_right_to_development.pdf Intro music Anna Banana by Eaters.
The podcast and artwork embedded on this page are from Global Development Institute, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: London Review Bookshop Podcast (LS 48 · TOP 1% what is this?)
Episode: Speculative Communities: Aris Komporozos-Athanasiou, Grace Blakely, James Bridle and Will Davies
Pub date: 2022-03-30
Aris Komporozos-Athanasiou, Professor of Sociology at University College London, argues in Speculative Communities (Chicago) that speculation is no longer confined to the sphere of finance, but has, through virtual marketplaces, new social media and dating apps, become an integral part of the most intimate realms of our lives. Komporozos-Athanasiou will be in conversation with economist Grace Blakeley, author of Stolen: How to Save the World from Financialisation, James Bridle, author of New Dark Age, and Will Davies, Reader in Political Economy at Goldsmiths and author of Nervous States.
See acast.com/privacy for privacy and opt-out information.
The podcast and artwork embedded on this page are from London Review Bookshop, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: New Books in Sociology (LS 37 · TOP 2.5% what is this?)
Episode: Eve Worth, "The Welfare State Generation: Women, Agency and Class in Britain Since 1945" (Bloomsbury, 2022)
Pub date: 2022-03-28
How should we understand the history of post-war Britain? In The Welfare State Generation Women, Agency and Class in Britain since 1945(Bloomsbury, 2022), Eve Worth, a Research Fellow on the Changing Elites project in the Department of Social Policy and Intervention at the University of Oxford, explores this question by foregrounding the lives of women who grew up, worked, and retired as the first ‘welfare state generation’. The book uses oral history methods to tease out the changing role and changing experiences of the welfare state, along with the role of women in working in and administering that welfare state. It thinks through the sense of autonomy and control, as well as changing perceptions of class identity and feminism, in the lives of women, and thus tells a new story of post-war British history. The book speaks to a huge range of academic audiences and is also essential reading for anyone interested in the history of Britain.
Dave O'Brien is Professor of Cultural and Creative Industries, at the University of Sheffield.
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Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology
The podcast and artwork embedded on this page are from New Books Network, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Historically Thinking (LS 40 · TOP 2% what is this?)
Episode: Episode 257: Inventing a New World Order
Pub date: 2022-03-28
In 1814, representatives of the grand coalition that had defeated Napoleon gathered in Vienna. There in meetings and balls–interrupted only by Napoleon’s 100 days after his return from exile on Elba–they developed a new order for Europe that connected peace to multilateralism, diplomacy, philanthropy, and rights. These ideas, writes Glenda Sluga, came not only from male aristocrats and diplomats, but from female aristocrats, and bourgeois men and women, who imagined a new kind of European politics.
Glenda Sluga is professor of international history and capitalism at the European University Institute, Florence, and Kathleen Fitzpatrick Laureate Fellow and professor of international history at the University of Sydney. Her most recent book is The Invention of International Order: Remaking Europe after Napoleon, and it's the subject of our conversation.
For Further Inquiry
On two podcasts Historically Thinking listener favorite Alex Mikaberidze has held forth on the global consequences of the wars of the French Revolution and Napoleon. They can be found here and here. Napoleon's "100 Days" rudely interrupted the Congress of Vienna, before he and his reconstituted armies were stopped at Waterloo. Way back in the early days of the podcast, Gareth Glover gave a detailed account of that battle, based on his comprehensive knowledge of the related sources. Further reading: two books mentioned by Glenda that might be of interest to you are Beatrice de Graaf, Fighting Terror after Napoleon: How Europe Became Secure after 1815, and Brian E. Vick, The Congress of Vienna: Power and Politics after Napoleon For a quick read, see Stella Ghervas, "What was the Congress of Vienna?", History Today Volume 64 Issue 9 September 2014 The historical novelist Shannon Selin, author of Napoleon in America, has a very nice miniature biography of Klemens Prince von Metternich on her website.
The podcast and artwork embedded on this page are from Al Zambone, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Around The Empire (LS 44 · TOP 1.5% what is this?)
Episode: Ep 251 Global Technocracy feat Iain Davis
Pub date: 2022-03-22
Guest: Iain Davis. We talk about his article titled: “Technocracy: The Operating System For The New International Rules-Based Order.” We discuss the western international rules-based order vs a new international laws based order proposed by China and Russia and the governing mechanism of global technocracy. We also talk about global stakeholders, public-private partnerships, UN sustainable development goals, Agenda 21 and Agenda 2030 and more. In a bonus segment we speculate about the likelihood that a world war would advance the goals of global technocracy and whether that’s the situation we are in right now.
Iain Davis is an independent investigative journalist based in the UK. His focus is upon widening readers awareness of evidence that is not commonly reported by the so-called mainstream media. He writes for the UK Column, Unlimited Hangout and on his blog In This Together. His work has been featured by the Corbett Report, the OffGuardian, Lew-Rockwell, Zero Hedge and other independent news outlets.
FOLLOW Iain on Twitter at @_InThisTogether
Around the Empire aroundtheempire.com is listener supported, independent media.
SUBSCRIBE/FOLLOW on Rokfin rokfin.com/aroundtheempire, Patreon patreon.com/aroundtheempire, Paypal paypal.me/aroundtheempirepod, YouTube youtube.com/aroundtheempire, Spotify, iTunes, iHeart, Google Podcasts
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Find everything on http://aroundtheempire.com and linktr.ee/aroundtheempire
Recorded on March 3, 2022. Music by Fluorescent Grey.
Reference Links:
- Technocracy: The Operating System For The New International Rules-Based Order, Iain Davis, Unlimited Hangout
- Book: Pseudo Pandemic: New Normal Technocracy, Iain Davis
- United Nations: Agenda 21
- United Nations: Transforming our world: the 2030 Agenda for Sustainable Development
- Book: Tragedy & Hope: A History of the World in Our Time, Carroll Quigley
- Book: Tragedy and Hope 101: The Illusion of Justice, Freedom, and Democracy, Joseph Plummer
- Book: Wall Street and the Bolshevik Revolution: The Remarkable True Story of the American Capitalists Who Financed the Russian Communists, Anthony Sutton
- Book: Wall Street and the Rise of Hitler, Anthony Sutton
- World Economic Forum
- The World War I Conspiracy, Corbett Report
The podcast and artwork embedded on this page are from Joanne Leon, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Social Contract Research Podcast
Episode: "Freedom and the inevitability of the market: on consumers’ sovereignty", with Jessica Whyte
Pub date: 2022-03-17
In this seminar Associate Professor Jessica Whyte (Scientia Fellow in the School of Humanities and Languages (Philosophy) and the School of Law, University of New South Wales) explores neoliberal ideas of freedom in relation to the notion of sovereignty: the sovereignty of consumers and the sovereignty of the market. The talk is followed by Q&A.
A video version of the seminar is available at https://www.youtube.com/watch?v=Xxg0IRj3qIc&ab_channel=SocialContractResearchNetwork
The seminar took place over Zoom on 17 March 2022, and was hosted by Christopher Watkin (Monash University), as part of the Australian Research Council funded Future Fellowship project "Rewriting the Social Contract: Technology, Ecology, Extremism". This seminar is an initiative of the Social Contract Research Network. To find out more about the SCRN, and to subscribe to email updates, please visit https://www.monash.edu/arts/languages-literatures-cultures-linguistics/social-contract-research-network
To be notified when future seminars, conversations and interviews are uploaded, you can subscribe to this YouTube channel by clicking on this link: https://www.youtube.com/channel/UCq7geWYdmGE3kIcJrw8Ebsw?sub_confirmation=1
The podcast and artwork embedded on this page are from Social Contract Research Network, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: New Books Network (LS 44 · TOP 1% what is this?)
Episode: Peter B. Lavelle, "The Profits of Nature: Colonial Development and the Quest for Resources in Nineteenth-Century China" (Columbia UP, 2020)
Pub date: 2022-03-22
In The Profits of Nature: Colonial Development and the Quest for Resources in Nineteenth-Century China (Columbia UP, 2020), Peter Lavelle offers a fascinating narrative history of natural resource development in China during the tumultuous 19th-century. Faced with an unprecedented confluence of natural disasters, wars, rebellions, foreign incursions and social problems, Qing Dynasty officials and elites looked to the natural world as a source of wealth, security and power. Lavelle grounds his narrative in the life and career of Zuo Zongtang (1812-1885), who was an avid student of geography and agricultural sciences, in addition to being one the leading statesmen of his generation. In efforts to rebuild livelihoods, relieve demographic pressures, secure government revenues and expand control over borderland regions, Zuo and his contemporaries harnessed long-standing traditions of knowledge and established new connections between China's borderlands and its eastern regions. What emerges from The Profits of Nature is a fresh and richly detailed chapter in late Qing history, written through the nexus of crisis, Qing colonialism and the environment.
Zachary Lowell holds an MA in global studies from Humboldt-Universtität zu Berlin.
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The podcast and artwork embedded on this page are from Marshall Poe, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: KPFA - Letters and Politics (LS 46 · TOP 1% what is this?)
Episode: Financial Warfare in a Neoliberal World
Pub date: 2022-03-10
Guest: Robert Pollin is Distinguished Professor of Economics and Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts-Amherst. He is author of several books including his latest, Climate Crisis and the Global Green New Deal: The Political Economy of Saving the Planet, [1]co-authored with Noam Chomsky [2].
Photo by Giovanni Gagliardi [3] on Unsplash [4]
[1] https://www.versobooks.com/books/3239-climate-crisis-and-the-global-green-new-deal [2] https://www.versobooks.com/books/3239-climate-crisis-and-the-global-green-new-deal [3] https://unsplash.com/@gagliardiphotography?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText [4] https://unsplash.com/s/photos/finacial-warfare-credit-cards?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText
The podcast and artwork embedded on this page are from Letters and Politics, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macro N Cheese (LS 43 · TOP 1.5% what is this?)
Episode: The Intersection of Marx and MMT with 1Dime
Pub date: 2022-03-12
Here’s an episode for those Marxists curious about MMT and MMTers curious about Marxism. Steve’s guest is comfortable identifying as both. Tony, better known as 1Dime on social media, believes MMT is not a threat to Marxism because it’s like comparing apples to oranges. They are designed to explain two different things. “Modern Monetary Theory is about understanding monetary operations in a fiat currency world – how things are financed. It's a narrow theory.”
He’s careful about labeling himself, but in the marketplace of ideas, Tony says:
“I find myself leaning the closest to Marxism in terms of its method because it sees things through the lens of class struggle and puts forth a first and foremost materialist view of history. I think that's very important because typically a lot of people will look at history as an evolution of ideas and will look at the individual as isolated from society. Marxism looks at things as an interconnected reality filled with contradictions.“
The ontology of Marxism is only part of the picture.
“I think the word dialectical is often thrown around by Marxists. A lot of people don't know what it means … put simply, dialectics is looking at contradictions between things. You can't explain the world through one dimensional narratives. There are contradictions. For example, people often talk about the elites versus the people. You hear that a lot with both right and left populist pundits. Marxists wouldn't see it as so simple.”
Class struggle is not always vertical. Covid revealed the contradictions within the ruling elite: some capitalists benefited from the pandemic, while others were hurt by it.
MMT’s explanation of the role of taxes gets pushback from some who call themselves socialists. If we don’t need their tax dollars to pay for federal programs, are we letting the rich off the hook? Tony says taxing the rich can be used to reduce inequality, but it doesn’t touch the root of the problem. We’re not going to solve capitalism through taxation.
The interview covers a range of topics, from cryptocurrency to Chris Hedges – all through the double lens of Marxism and MMT.
(If you liked this episode, check out Steve’s interview with Nathan Tankus. It’s from 2017 and still relevant.)
Bio: Tony runs the YouTube channel 1Dime, where he makes leftist video essays and short documentaries that use ideas from Critical Theory, philosophy, and political economy to deconstruct hot socio-political topics. Notable 1Dime videos include "The Deficit Myth: The Biggest Lie in Politics", "The Burnout Society", "Planet of the Robots: Four Futures of Automation", and "The Socialism of Warren Buffett: How the Stock Market Works." He also runs a podcast called 1Dime Radio with similar content in audio form.
@TheRapNerd7 on Twitter
The podcast and artwork embedded on this page are from Steve Grumbine, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Reviving Growth Keynesianism (LS 27 · TOP 10% what is this?)
Episode: Eric Helleiner on The Neo-Mercantilists: A Global Intellectual History
Pub date: 2022-03-05
Eric Helleiner joins us to discuss his fascinating new global history of neo-mercantilist ideas. In addition to the well-known "Listian Intellectual World" there is a whole universe of thinkers who were not derivative of List but did dream of industrialization by way of a protectionist and interventionist state. American Henry Carey, for example, was distinct on a number of dimensions - and more influential around the world. But there were also traditions endogenous to East Asia, which developed and expanded on earlier mercantilist discourses that can be traced back to China's Warring States period or Japan's feudal era. Rather than diffusing through the translation and circulation of a single text - as in the case of Smith or Marx - neo-mercantilist ideas seemed to spontaneously appear anytime the conditions were ripe for it. State forms other than the nation - from diaspora to empire to international institutions to a cosmopolitan world state - were dreamt of in the period before 1939 as possible vehicles for neo-mercantilist policy. Versions left, right, and center show how politically underdetermined it was as a discourse.
Note: this episode was recorded prior to the invasion of Ukraine.
LINKS
Eric Helleiner's faculty page: https://uwaterloo.ca/political-science/people-profiles/eric-helleiner
The Neomercantilists: A Global Intellectual History https://www.cornellpress.cornell.edu/book/9781501760129/the-neomercantilists
Forgotten Foundations of Bretton Woods: International Development and the Making of the Postwar Order https://www.google.com/books/edition/Forgotten_Foundations_of_Bretton_Woods/VTMPjwEACAAJ
A refresher on the original mercantilism https://en.wikipedia.org/wiki/Mercantilism
Steve Pincus, Forum: Rethinking Mercantilism https://www.jstor.org/stable/10.5309/willmaryquar.69.1.0003
Fredric List https://en.wikipedia.org/wiki/Friedrich_List
Henry Carey https://en.wikipedia.org/wiki/Henry_Charles_Carey
Alexander Hamilton's "Report on Manufactures" excerpts https://press-pubs.uchicago.edu/founders/documents/v1ch4s31.html
Commodore Perry https://en.wikipedia.org/wiki/Matthew_C._Perry
Sun Yat-sen https://en.wikipedia.org/wiki/Sun_Yat-sen
EF Schumacher https://en.wikipedia.org/wiki/E._F._Schumacher
Gustav von Schmoller https://en.wikipedia.org/wiki/Gustav_von_Schmoller
Mihail Manoilescu https://en.wikipedia.org/wiki/Mihail_Manoilescu
Marcus Garvey https://en.wikipedia.org/wiki/Marcus_Garvey
Raul Prebisch https://en.wikipedia.org/wiki/Ra%C3%BAl_Prebisch
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Podcast: A Public Affair (LS 25 · TOP 10% what is this?)
Episode: It’s Time to Hold the Pandemic Profiteers Accountable
Pub date: 2022-03-07
The global death toll from COVID-19 has reached six million—and nearly one million of those deaths are from the United States alone. Let’s do the math: that means the U.S. accounts for 4 percent of the world population but nearly 17 percent of its COVID deaths. Why is that?
“We should recognize that disasters can be better or worse depending on how those in government and those with economic power respond,” says journalist John Nichols. “They too frequently failed the American people [during the pandemic], and that’s why we have a higher death rate than other countries.”
Meanwhile, as vulnerable Americans have suffered devastating health and economic consequences from two years of COVID, the billionaire class has expanded.
It’s time to hold these pandemic profiteers accountable, says John Nichols. That’s the theme of his latest book, Coronavirus Criminals and Pandemic Profiteers: Accountability for Those Who Caused the Crisis. Today, he joins guest host Bert Zipperer to discuss.
John Nichols is the national affairs correspondent for The Nation, a contributing writer for The Progressive and In These Times, and the associate editor of the Cap Times. He’s the author of over a dozen books, including Coronavirus Criminals and Pandemic Profiteers: Accountability for Those Who Caused the Crisis (Verso, 2022).
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Podcast: Who Makes Cents?: A History of Capitalism Podcast (LS 45 · TOP 1% what is this?)
Episode: Jason Resnikoff on the Automation Discourse and the Meaning of Work
Pub date: 2022-03-07
This month's episode takes a deep dive into the history of work and automation in the post-World War II era. It traces the discourse around automation from its origins in the factory to its wide-ranging implications in political and social life. Countering automation's proponents, who prophesize that robots will soon replace human labor, Jason Resnikoff reveals how the automation discourse has tended to obscure the human beings who continue to labor, often in sped up and intensified manners, alongside machines.
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Podcast: Jacobin Radio (LS 60 · TOP 0.5% what is this?)
Episode: Behind the News: Lords of Easy Money
Pub date: 2022-03-01
Doug interviews Christopher Leonard, author of The Lords of Easy Money, on the damage done by over a decade of hyper-easy monetary policy from the Fed. Then Lea Ypi, a political philsopher and author of Free, discusses growing up in the last days of Communist Albania and the early days of its neoliberal successor.
Behind the News, hosted by Doug Henwood, covers the worlds of economics and politics and their complex interactions, from the local to the global. Find the archive here: https://www.leftbusinessobserver.com/Radio.html
See acast.com/privacy for privacy and opt-out information.
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Podcast: Political Economy Forum (LS 32 · TOP 5% what is this?)
Episode: #73 - The Profit Paradox - w/ Jan Eeckhout
Pub date: 2022-03-02
In this episode, Prof. Jan Eeckhout of the University of Barcelona Pompeu Fabra, speaks about his most recent book: "The Profit Paradox - How Thriving Firms Threaten the Future of Work."
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Podcast: C4eRadio: Sounds of Ethics
Episode: Chandni Desai, Disrupting Settler Colonial Economies Across Geographies
Pub date: 2022-02-23
Chandni Desai, Disrupting Settler Colonial Economies Across Geographies by Centre for Ethics, University of Toronto
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Podcast: Activist #MMT - podcast (LS 30 · TOP 10% what is this?)
Episode: Ep110[2/2,2/4]: Jackson Winter: Polanyi's Great Transformation (layperson discussion)
Pub date: 2022-02-27
Welcome to episode 110 of Activist #MMT. Today's part two of my two-part conversation with Jackson Winter, on the 2001 edition of Karl Polanyi's 1944 book, The Great Transformation. This is also part two of a larger four-part series on the book. Jackson is co-writer and editor for PEGS Institute, which is a project to demystify and explain some commonly misunderstood realities of the modern world. Here's their YouTube channel.
Parts one and two with Jackson is two smart layperson MMTers trying to come to terms with the depth of what we just read, and connecting it to our lives and MMT. Parts three and four are with Asad Zaman, a PhD economist with many lectures, papers, and posts on the topic (links to which you can find in the show notes to part one with Professor Zaman, next week).
(A list of the "audio chapters" in this episode can be found at the bottom of this post. A link to all four parts in the series can be found in part one.)
I'll summarize the book in next week's introduction. Even experienced MMTers can't know this stuff. You think you understand the foundation of our economy and society, but you don't. As described in The Great Transformation, there's another foundation underneath it.
(Before we start the interview, I'm making an announcement at the request of a patron, and that is: the podcast Pod Save America, which is hosted by former Obama staffers, has millions of followers, many of who like to think of themselves as progressives. Unfortunately, although the hosts say many smart things, they still live solidly in a pay-for, scarcity, zero-sum world. Please consider contacting the hosts via Twitter and urging them to interview an MMT guest such as Stephanie Kelton, Warren Mosler, Bill Mitchell, and Randy Wray. The Twitter handles for the podcast and its hosts can be found in the show notes, and in the social media shares for this episode. Thanks for your help in spreading the word!
Here at the Twitter handles for Pod Save America [@PodSaveAmerica] and its hosts: Dan Pfiffer: [@danpfeiffer], Jon Favreau: [@jonfavs], Tommy Vietor: [@tvietor08], Jon Lovett: [@jonlovett])
And now, let's get right back to my conversation with Jackson Winter. Enjoy.
Audio chapters * 4:31 - Choosing to commodify other humans is a gamble that you won't become one of them * 7:37 - The gold standard was the glue that held the (belligerent and greedy) world together * 13:53 - Individual balance of power * 17:41 - Fascism is a consequence of the neglect and deprivation of neoliberalism * 20:41 - Thinking of a better economic and political system (and if we should) * 27:17 - Unregulated versus regulated teenager * 29:58 - Childhood memories and how we change * 31:59 - Protecting privilege, at all levels * 38:35 - We're all doing tiny little evils (because it's necessary in order to survive), that add up to a lot of evil. * 43:22 - Haute finance and arms dealers (I win capitalism) * 46:15 - My upcoming online course with Asad Zaman * 48:11 - Closing thoughts * 50:41 - Polanyi was a proto-MMTer * 52:48 - Goodbyes * 57:06 - Duplicate of introduction, but with no background music
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Podcast: Versus History Podcast (LS 42 · TOP 1.5% what is this?)
Episode: Episode 135: The English Civil War from a Marxist perspective
Pub date: 2022-02-28
In this energetic and enlightening episode, we were delighted to interview Michael Sturza, who is a life-long socialist political activist and Marxist historian of the English Civil War. He is the author of the brand new book ‘The London Revolution 1640-1643’, published 30 March 2022. A native New Yorker (he still lives there!) who grew up in Brooklyn, he learned about radical politics from his father and in 1966, at the age of 14, he attended his first mass anti-Vietnam War rally with other students from his high school. In college, while actively involved in working-class struggles, he studied Marxism, and, in 1974, graduated cum laude from the State University of New York at Buffalo. The description of ‘The London Revolution 1640-1643’ can be found here. It has received positive reviews from, amongst others, Penelope J. Corfield, emeritus Prof. London University; Fellow of the Royal Historical Society (UK); and President of the International Society for Eighteenth-Century Studies, who states: Feisty, fearless and fascinating: this book spotlights London’s revolutionary upheavals at the start of Britain’s seventeenth-century Civil War; it shows how London’s revolutionary role has been too often downplayed; and it explains its long-term significance for later generations. Michael Sturza will provoke many debates – and a good thing too! To learn more, please follow on Twitter here. The website is here. The book is here.
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Podcast: The Rhodes Center Podcast (LS 38 · TOP 2.5% what is this?)
Episode: The Past, Present, and Contested Future of Central Banks
Pub date: 2022-02-25
The Rhodes Center Podcast explores the most important issues in finance and economics through straightforward, candid conversations with the world’s leading experts. The show is hosted by Mark Blyth, political economist and Director of the Rhodes Center, at the Watson Institute at Brown University.
On this episode Mark talks with Manuela Moschella about the recent transformations to central bank policy and orthodoxy. Central banking used to be straightforward - fix short term rates and get price stability. 2008 changed that. Engineering asset price instability and massive bailouts became the norm and, despite all that, deflation, not inflation became the problem. The Fed and the ECB were late in waking up to that fact, and just when they did, COVID hit and inflation came back. So Mark asks Manuela: what is a central banker to do?
Manuela is an Associate Professor of International Political Economy at the Scuola Normale Superiore and Associate Fellow at the Europe Programme at Chatham House.
Watch Manuela’s talk at the Rhodes Center.
Learn more about the Watson Institute’s other podcasts.
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Podcast: Postcapitalism Podcast
Episode: Kepa Artaraz on buen vivir, food forests, and universal basic income
Pub date: 2022-02-14
In this episode, we’ll be talking about buen vivir, or the idea of living well, as well as rethinking development, and indigenous cultural traditions that can lead us to new ways of moving beyond capitalism. Our guest is Kepa Artaraz, a former lecturer in Social Policy at the University of Brighton in the UK. We'll discuss universal basic income and Kepa's escape from academic life and plans to grow a food forest in the Basque country in Spain.
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Podcast: The Majority Report with Sam Seder (LS 65 · TOP 0.1% what is this?)
Episode: 2775 - The De-Stabilization Of The World Through Commodities w/ Rupert Russell
Pub date: 2022-02-14
Sam and Emma host writer and filmmaker Rupert Russell to discuss his recent book Price Wars: How the Commodities Markets Made Our Chaotic World, on how the profits in Wall Street come from placing bets on the products most central to our society’s functioning. First, Rupert situates his studies over the past decade, originating with his work on the Arab Spring and studying the cascade of revolution in the wake of one of the biggest spikes in food prices, with millions becoming highly at risk for starvation worldwide at the start of the 2010s. Then, he, Emma, and Sam look to Friedmanomics to explain why we look at pricing the way we do, and dive into the role that finance plays between the seller and buyer binary, bringing in futures trading originally to provide a sense of stability and speculation for necessary production (e.g. food), before Alan Greenspan and Larry Summers came along under Clinton and worked aggressively to cover up the potential risks that had been growing behind the scenes as the math became more and more complicated. This drastically shifts the stage moving into the 2000s, as the finance world moves fully into Quantity Index Funds and derivatives, and cements themselves as the central player in setting future prices, ultimately pushing the profits away from the actual production and selling of commodities, and to the storage of such items with the knowledge of future price booms, thus pushing the prices of important goods higher and higher. Next, Sam, Rupert, and Emma move into how this was set up to compound with the Financial Crisis in 2007, as financiers had to move into a new asset class, looking to commodities in the wake of the collapse of the housing market, and taking the pre-existing price boom to an entirely new level. This, then, brings us back to the Arab Spring, as the broken food pricing wrought horror on the Authoritarian bargains set up by countless regimes in the Middle East, effectively meaning the only regimes that could provide for their people were those bolstered by massive oil reserves, like Saudi Arabia and Libya, setting the stage for the countless crisis of the decade, from ISIS’s rise to the Refugee Crisis to the boom of authoritarian populism. They wrap up the interview by looking at the lessons from the commodity de-stabilization of the 2010s, particularly around oil and drugs, and how we need to genuinely set up new systems that are funded by the banking world, without letting free reign for manipulation of those systems. Sam and Emma also touch on Biden’s frozen aid to Afghanistan, and the moderate position of refusing to support Afghani people.
And in the Fun Half: Sam and Emma cover Lindsay Graham’s desire for drama, Seth from Portland explores electoralism and the two-party system, Emma walks through her Super Bowl experience, and Andrew Yang absolutely TEARS Democrats a new one for having the exact same goals on healthcare as he does (no public option, we will give you nothing). Candace Owens feels a wedge driven between her and her anti-Black fanbase after she enjoyed the halftime show, and then we get calls from John from San Antonio and Kenny from Berkeley. "Bret Weinstein" takes aim at Sam’s disrespect of THE Joe Rogan Experience, and explores the importance of his philosophical bro-downs, just like Thomas Jefferson’s before him, and Jesus’s before that. Hunter from Hampton Roads discusses challenging Rep. Bobby Scott for District 3 in VA, plus, your calls and IMs!
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Podcast: Political Economy with Jim Pethokoukis (LS 43 · TOP 1.5% what is this?)
Episode: Alex MacDonald: The economic history of private space exploration
Pub date: 2022-02-16
The conventional narrative of American space exploration traces government efforts during the Cold War, with today's private efforts regarded as a recent phenomena riding on the coattails of NASA's achievements. But today's guest argues that private funding for space exploration goes back more than a century before Apollo. To get a better context for what's happening in space today, I've brought on Alex MacDonald.
Alex is the Chief Economist at NASA and author of "The Long Space Age: The Economic Origins of Space Exploration from Colonial America to the Cold War."
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Podcast: Keen On (LS 40 · TOP 2% what is this?)
Episode: William Dalrymple on the First Global Corporate Power
Pub date: 2022-02-07
In this episode of “Keen On”, Andrew is joined by William Dalrymple, the author of “The Anarchy: The East India Company, Corporate Violence, and the Pillage of an Empire”.
William Dalrymple is the author of nine books about India and the Islamic world, including Return of a King, which won the Hemingway Award and was shortlisted for the Samuel Johnson, PEN Hessell-Tiltman, and Duff Cooper Prizes. He writes regularly for the New Yorker, the New York Review of Books, and the Guardian and is one of the founders and a codirector of the Jaipur Literature Festival.
Visit our website: https://lithub.com/story-type/keen-on/
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Podcast: Global Governance Futures: Imperfect Utopias or Bust
Episode: 21: Virginia Haufler – Private Authority in an Age of Globalization
Pub date: 2022-02-04
Virginia Haufler is Associate Professor in the Department of Government and Politics at the University of Maryland, College Park. Her research focuses on the changing nature of governance in the global political economy, especially the role of transnational corporations and corporate social responsibility.
In this conversation, we talk about private power, the blindspots of IR regime theory, transparency in the extractive industry, and the place of ethics within the capitalist structures of the global economy, and much more.
Virginia can be found here: https://gvpt.umd.edu/facultyprofile/haufler/virginia
Tweets @VHaufler
We discussed:
"Corporations, Governance Networks, and Conflict in the Developing World," in The New Power Politics: Networks and Transnational Security Governance, eds. Deborah Avant and Oliver Westerwinter), 2016: https://oxford.universitypressscholarship.com/view/10.1093/acprof:oso/9780190604493.001.0001/acprof-9780190604493
Private Authority and International Affairs (ed with Clare Cutler and Tony Porter), 1999: https://sunypress.edu/Books/P/Private-Authority-and-International-Affairs
Regime Theory and International Relations (ed. Volker Rittberger), 1995: https://global.oup.com/academic/product/regime-theory-and-international-relations-9780198280293?cc=ro⟨=en&
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Podcast: The Gateway - A Podcast from the Middle East (LS 29 · TOP 10% what is this?)
Episode: Power and Capital at Sea
Pub date: 2022-02-03
This week, we hear from Liam Campling and Alejandro Colás, authors of Capitalism and the Sea: The Maritime Factor in the Making of the Modern World, published by Verso in 2021.
The book explores the geopolitics, ecology, and political economy of the world’s seas and oceans. They argue that the various ways in which the oceans have been used by capitalist societies led to the exploitation of humans, animals, and resources.
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Podcast: LSE: Public lectures and events (LS 55 · TOP 0.5% what is this?)
Episode: The Story of Work: a new history of humankind
Pub date: 2022-01-19
Contributor(s): Dr Jan Lucassen, Professor Sara Horrell | Jan Lucassen provides an inclusive history of humanity’s busy labour throughout the ages. Spanning China, India, Africa, the Americas, and Europe, Lucassen looks at the ways in which humanity organises work: in the household, the tribe, the city, and the state. He examines how labor is split between men, women, and children; the watershed moment of the invention of money; the collective action of workers; and at the impact of migration, slavery, and the idea of leisure.
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Podcast: Inequality. The Issue of Our Time
Episode: The Asset Economy, Who is At Risk
Pub date: 2022-02-03
In this episode:
This dialogue transitions from establishing shared understandings of inequality to evaluating the ascent of finance in contemporary life. Specifically, the role that assets and debts play in shaping the contours of who is at risk of experiencing inequality. We ask what is new about contemporary inequality and what has changed in the configuration of the economy itself to worsen inequality. To answer these questions the discussion shifts from the domestic national economies to global finance and interrogates the ways in which global financial markets connect to everyday life. We talk to the authors of the book “The Asset Economy,” and learn income levels are just one among many significant factors, like family wealth or inherited wealth, plus age, race, gender, and where you live. These are the key elements that configure intergroup inequality.
About the series:
This three-part series of dialogues is led by Dr. Johnna Montgomerie, Professor of International Political Economy, at Kings College London. In this virtual symposium, we’ve called on experts from the politics of inequality working group at King's College, London, and sought out our colleagues at other universities to share their ideas, research, and proposals to help explain what it means to call inequality issue of our time. We wanted to examine who was unequal, what causes inequality and why it's an urgent area of study.
Key Contributors
We’re an interdisciplinary team across King’s College London (@KCL), University of Sydney (@Sydney_Uni), London School of Economics (@LSEInequalities) and Progressive Economics Forum (@PEF_online).
Kings College London:
- Prof. Johnna Montgomerie, Professor of International Political Economy at Kings College London. Follow @j_montgomerie. Johnna's book: Should we Abolish Household Debt?
- Dr. Steven Klein - Lecturer in Political Theory at Kings College London. Follow: @stevenmklein
- Dr. Lee Savage - Senior Lecturer in European Politics at King’s College London. Follow: @TheLMSavage
- Dr. James Wood, University of Cambridge and Fellow of Trinity Hall. Follow: @thinkwoodis
Progressive Economy Forum:
- Prof. Sue Konzelmann Professor of Economics at Birbeck University.
- Dr. James Meadway - Director, Progressive Economy Forum. Follow: @meadwaj
- Prof. Martin O'Neil - Professor in Political Philosophy, University of York. Follow @martin_oneill @UoYPhilosophy
- Prof. Jan Toporowski - Professor of Economics and Finance. Follow @SOASEconomics
- PEF’s book: The Return of the State: Restructuring Britain for the Common Good
London School of Economics:
- Professor. Mike Savage, Martin White Professor of Sociology at LSE. Mike's book: The Return of Inequality
- Dr. Luna Glucksberg, Research Fellow at the International Inequalities Institute, LSE. Follow @luna_inequality
- Dr. Joseph SpoonerAssociate Professor at Law, LSE. Follow @jtspooner
University of Sydney:
- Prof. Lisa Adkins, Professor of Sociology at the University of Sydney. Follow: @AdkinsProf
- Prof. Martijn Konings - Professor of Political Economy and Social Theory at the University of Sydney.
- Their book: The Asset Economy
Key Texts:
- Capital in the Twenty-First Century – Thomas Picketty 2013
- Capital and Ideology – Thomas Picketty 2019
- The Asset Economy - Lisa Adkins, Melinda Cooper, Martijn Konings
- The Return of Inequality Social Change and the Weight of the Past - Mike Savage
- The Return of the State: Restructuring Britain for the Common Good - Edited by Patrick Allen, Suzanne J. Konzelmann, Jan Toporowski
- Should we Abolish Household Debt? - Johnna Montgomerie 2019
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Podcast: The Majority Report with Sam Seder (LS 65 · TOP 0.1% what is this?)
Episode: 2766 - Neoliberalism Broke Our Supply Chain w/ David Dayen
Pub date: 2022-02-01
Sam and Emma host David Dayen, executive editor of the American Prospect, to discuss the recent issue of the magazine, entitled "How We Broke the Supply Chain", walking through how the policies of the last forty years, from globalization and monopolization to financialization and deregulation, served to create a fragile supply line that maximizes profits while minimizing production. To begin, David, Sam, and Emma look at the actual structure of the supply chain, emphasizing its rejection of inventory and surplus in favor of just-in-time logistics, with China largely acting as the repository both for necessary components and finished goods, thus meaning any crisis in Chinese production results in a disruption of the entire chain, regardless of what kind of crisis it actually is (pandemic, extreme weather, etc). They then look to how monopolies on shipping have created forced bottlenecks, from providing shipping corporations a decade of profits in one year of the pandemic, to minimizing costs to the point that 40% of ocean imports come in through one US port, and giving mass retailers (Amazon, Walmart, etc) first say in shipping, all of which serve to undermine the capacity of the supply chain while boosting the profits of the corporations that run it. They wrap up by looking at the context of this problem within the last few decades, from Obama’s White House disseminating a 2015 report that a complete supply chain breakdown was imminent, to the central domestic changes that would be needed to give the US any sort of backup plan, before briefly touching on the California Single Payer bill falling through the cracks. Sam and Emma also reveal the newest upcoming live show, and walk through updates on replacing Justice Breyer’s SCOTUS seat.
And in the Fun Half: Sam and Emma are joined by Nomiki as they cover Jen Psaki’s response to Bad Faith talking points as if anyone cares, rather than actually taking on the issue the right is dancing around (very Democrat of her), Joe Rogan’s continued pushback on the concept of misinformation, and why the fight for the right to life cannot just be fought by the oppressed. They also touch on the backlash to Amnesty International’s recognition of Israel’s apartheid state, plus, your IMs!
Purchase tickets for the live show in Boston on May 15th HERE:
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Subscribe to Brandon’s show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse
Check out The Letterhack’s upcoming Kickstarter project for his new graphic novel! https://www.kickstarter.com/projects/milagrocomic/milagro-heroe-de-las-calles
Check out Jamie’s podcast, The Antifada. https://www.patreon.com/theantifada, on iTunes, or at https://www.twitch.tv/theantifada (streaming every Monday, Wednesday, Thursday and Friday at 7pm ET!)
Subscribe to Discourse Blog, a newsletter and website for progressive essays and related fun partly run by AM Quickie writer Jack Crosbie. https://discourseblog.com/
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The podcast and artwork embedded on this page are from Sam Seder, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Harvard Fairbank Center for Chinese Studies (LS 37 · TOP 2.5% what is this?)
Episode: The Political Economy of Chinese Finance in the Americas, with Stephen Kaplan
Pub date: 2022-01-24
Speaker: Stephen Kaplan, Associate Professor of Political Science and Economic Affairs, George Washington University Discussant: Laura Alfaro, Warren Alpert Professor of Business Administration, Harvard Business School
This book explores how China’s state-led capitalism affects national level governance. China, as the world’s largest saver, has more than doubled its overseas banking presence since the 2008 global financial crisis. Compared to the West’s private-sector capital, China’s overseas financing is a distinct form of patient capital that marshals the country’s vast domestic financial resources to create commercial opportunities internationally. Its long-term horizon, high risk tolerance, and lack of policy conditionality have allowed developing economies to sidestep the fiscal austerity tendencies of Western markets and multilaterals. Employing a multi-method research strategy that includes statistical tests and extensive field research from across China and Latin America, this book finds that China’s patient capital endows national governments more room to maneuver in formulating their domestic economic policies. This book also evaluates the potential costs of Chinese financing, raising the question of how Chinese lenders will deal with developing nations’ ongoing struggles with debt and dependency.
Globalizing Patient Capital is targeted toward a broad audience within political science, economics, Latin American politics, and Asian studies but is especially relevant for scholars of the political economy of finance, globalization and development, the politics of economic policymaking, and US-China relations. By disaggregating the structure of international finance, this book also offers new insights about globalization and development, demonstrating that the type of international capital (state vs. market) can influence the extent of national-level policy discretion.
This event is part of the China Economy Lecture Series at the Fairbank Center for Chinese Studies, Harvard University, hosted by Professor Meg Rithmire.
The podcast and artwork embedded on this page are from Harvard Fairbank Center for Chinese Studies, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Postcapitalism Podcast
Episode: Neil Vallelly on precarity, debt, and how to overcome futilitarianism
Pub date: 2022-01-22
In this episode, we talk about subjects including meaningless jobs, precarity, the anxiety that results from self-branding, and how to overcome futility. Our guest is Neil Vallelly, a political and social theorist, and author of the recently-published book, Futilitarianism: Neoliberalism and the Production of Uselessness.
The podcast and artwork embedded on this page are from Postcapitalism Podcast, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: A World to Win with Grace Blakeley (LS 53 · TOP 0.5% what is this?)
Episode: SPECULATIVE COMMUNITIES: An interview with Aris Komporozos-Athanasiou
Pub date: 2022-01-12
This week, Grace talks to Aris Komporozos-Athanasiou, associate professor of sociology at UCL, about his book Speculative Communities: Living with Uncertainty in a Financialised World. They talk about the formation of a new kind of subject – homo speculans – and how mutual cooperation in the context of the deep and pervasive uncertainty that characterises life under financial capitalism is building new communities and new forms of resistance to financialisation.
Find information about Aris's LRB event with Grace on January 17 here: https://www.londonreviewbookshop.co.uk/events
You can support our work on the show by becoming a patron at https://www.patreon.com/aworldtowinpod. Thanks to our producer Conor Gillies and to the Lipman-Miliband Trust for making this episode possible.
The podcast and artwork embedded on this page are from Tribune, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Belabored (LS 48 · TOP 1% what is this?)
Episode: Belabored: Dangerous Work, with Debbie Berkowitz and Xian Barrett
Pub date: 2022-01-14
Subscribe to the Belabored RSS feed here. Support the podcast on Patreon. Subscribe and rate on iTunes, Stitcher, and Spotify. Tweet at @DissentMag with #Belabored to share your thoughts, or join the conversation on Facebook. Check out the full archive here. Belabored is produced by Colin Kinniburgh.
A new year, a new wave of the pandemic. Workers are being asked, once again, to keep working despite a fresh surge in COVID-19 infections, and the Biden administration’s relaxation of guidelines on testing and isolation has sowed fear and confusion. Meanwhile, other federal safety standards are facing court challenges, as pro-business groups claim that the government cannot legally mandate vaccination or testing for workplaces with more than 100 workers. So as we enter year three of the pandemic, and corporations continue to push for a return to “normal,” what role should occupational safety regulators be playing in response to the ongoing public health crisis, and, now that much of the workforce is evidently being left to fend for itself, how should workers and communities deal with the risks of returning to work? We spoke with Debbie Berkowitz, a former senior official at the Occupational Safety and Health Administration, about the government’s failure to safeguard workers’ health. And we also talked to Xian Barrett, a special education teacher in Chicago, about the recent standoff between the Chicago Teachers Union and Mayor Lori Lightfoot over returning to in-person schooling.
In other news, we look at the end of the student worker strike at Columbia, the end of a nurse’s strike (with Marie Ritacco and Marlena Pellegrino, Massachusetts Nurses Association/Saint Vincent Hospital), the struggles of supermarket workers (with Dan Flaming, Economic Roundtable), and the start of a comics industry union. With recommended reading on travel nurses seeking justice and restaurant workers working sick.
Thank you for listening to our 238th episode! If you like the show, you can support us on Patreon with a monthly contribution, at the level that best suits you.
If you’re interested in advertising on the show, please email ads@dissentmagazine.org. And as always, if you have any questions, comments, or tips, email us at belabored@dissentmagazine.org
News Hungry at the Table, Economic Roundtable
Ashley Wong, Student Workers at Columbia End 10-Week Strike After Reaching a Deal, New York Times
Rachel Himes, Why Columbia Graduate Workers Like Me Are on Strike, Jacobin
Aparna Gopalan, Massachusetts Nurses Just Won an Epic 10-Month Strike, New Republic
Bill Shaner, Something sketchy this way comes, Worcester Sucks and I Love It
James Whitbrook, Comic Book Workers United Union Officially Certified, Gizmodo
Gita Jackson, The Image Union Is the Future of Comics, Vice
Conversation
Debbie Berkowitz, Practitioner Fellow with the Kalmanovitz Initiative for Labor and the Working Poor. Georgetown University
Katherine J. Wu, Can You Leave COVID Isolation After Five Days? – The Atlantic, The Atlantic
Debbie Berkowitz, Can OSHA Keep Workers Safe? The Court Hears the Case Tomorrow, The American Prospect
Carmel Shachar and I. Glenn Cohen, The Danger of the Supreme Court Undercutting Biden’s Vaccination Rules, Time
Jeff Schuhrke, Chicago Teachers Voted to Teach Remotely Amid Omicron Wave—And Now They’re Locked Out, In These Times
Nader Issa, Chicago teachers approve deal to end walkout over COVID safety protocols, The Chicago Sun-Times
Argh, I wish I’d written that!
Sarah: Chris Crowley, The Restaurant Industry Has Always Treated Sick Workers With No Remorse, Grub Street
Excess mortality associated with the COVID-19 pandemic among Californians 18–65 years of age, by occupational sector and occupation: March through November 2020, PLOS One
Cory Stieg, Line cooks have the highest risk of dying during pandemic, plus other riskiest jobs, CNBC
Michelle: Alice Herman, The Big Business Behind Travel Nursing, In These Times
The post Belabored: Dangerous Work, with Debbie Berkowitz and Xian Barrett appeared first on Dissent Magazine.
The podcast and artwork embedded on this page are from Dissent, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Jacobin Radio (LS 60 · TOP 0.5% what is this?)
Episode: Long Reads: Cédric Durand on the Twilight of Neoliberalism
Pub date: 2022-01-15
Cédric Durand joins Long Reads for a conversation about global capitalism and the pandemic. Cédric is a French economist who teaches at the University of Geneva, and the author of Fictitious Capital: How Finance Is Appropriating Our Future. Long Reads is a Jacobin podcast looking in-depth at political topics and thinkers, both contemporary and historical, with the magazine’s longform writers. Hosted by Features Editor Daniel Finn.
You can find Cédric's book here: https://www.versobooks.com/books/2452-fictitious-capital
And, for Jacobin, his 2018 article about the gilets jaunes movement: https://www.jacobinmag.com/2018/12/gilets-jaunes-yellow-vest-macron-capitalism
Produced by Conor Gillies, music by Knxwledge.
See acast.com/privacy for privacy and opt-out information.
The podcast and artwork embedded on this page are from Jacobin, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: TheNordicModel
Episode: #9 - The Interview - Universal Basic Income with Stephen Nuñez
Pub date: 2022-01-14
In this episode of The Interview we speak to Stephen Nuñez, Lead Researcher on Guaranteed Income at the Jain Family Institute. We discuss UBI, why it's important, and how it ought to fit into the welfare state.
Follow our Twitter: https://twitter.com/TheNordicModel
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The podcast and artwork embedded on this page are from The Nordic Model, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: MERICS China Podcast (LS 25 · TOP 10% what is this?)
Episode: Common prosperity means closer alignment with CCP goals for private companies, with Isabella Weber and Jacob Gunter
Pub date: 2022-01-07
With the concept of “common prosperity” set as a key goal of the Communist Party, China´s economic model seems to be heading for a big shift in the coming years. Already Beijing is introducing policies aimed at aligning the market with the Party´s ideology and broader goals. Can we expect to see a shift away from the pragmatic economic state-planning of the last decades towards a more ideologically driven development? And what would that imply for the role of private companies in China?
We will discuss these questions with Isabella Weber and Jacob Gunter. Isabella Weber is the Research Leader for China of the Asian Political Economy Program at the Political Economy Research Institute and an Assistant Professor of Economics at the University of Massachusetts. She is the author of the book How China Escaped Shock Therapy: The Market Reform Debate, which was published in 2021. Jacob Gunter is a Senior Analyst focusing on China’s economy at MERICS.
The podcast and artwork embedded on this page are from MERICS, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Death Panel (LS 49 · TOP 1% what is this?)
Episode: Against Cost-Benefit Analysis w/ Frank Pasquale (Unlocked)
Pub date: 2021-12-31
Frank Pasquale joins us to discuss the rise of cost-benefit analysis as an influential force in American policy, the many problems with it, and what should be done about it. We also discuss his introduction to the Law and Political Economy Project's symposium on cost benefit analysis.
Frank Pasquale (@FrankPasquale) is a Professor of Law at Brooklyn Law School, and author of New Laws of Robotics (2020) and The Black Box Society (2015). Read the LPE symposium here: lpeproject.org/symposia/cost-benefit-analysis/
This episode was originally a patron exclusive posted December 13th. If you enjoy this episode consider supporting the show at patreon.com/deathpanelpod
new Death Panel merch here (patrons get a discount code): www.deathpanel.net/merch
join our Discord here: discord.com/invite/3KjKbB2
The podcast and artwork embedded on this page are from Death Panel, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Majority Report with Sam Seder (LS 65 · TOP 0.1% what is this?)
Episode: 2748 - The Fight To Defeat Privatization w/ Donald Cohen
Pub date: 2022-01-05
Sam hosts Donald Cohen, founder and executive director of In the Public Interest, to discuss his recent book The Privatization of Everything: How the Plunder of Public Goods Transformed America and How We Can Fight Back that he co-wrote with Allen Mikaelian, on how neoliberal policies have cut up the public sphere, dividing its profits between a narrow subset of people, while turning the rest of us into competing consumers rather than communal citizens. Cohen and Sam begin by walking through how private companies take over public goods, first looking at the cautionary tale of Chicago Parking Meters LLC, originally a public good before being frantically sold for just over a billion dollars to offset the red in the city’s budget, only to see the cost of parking in Chicago skyrocket as the city realized it had undersold for fractions of the potential profits. However, solely focusing on parking drastically undersells the issue, as they explore how, beyond distributing wealth to further stratification, the privatization of public goods often ends up putting necessities in the hands of corporations, including access to clean water, education (both schools and libraries), and, of course, healthcare, resulting in the most central elements of our society turning towards the market over the community. Donald Cohen dives into this privatization of community, working through the disastrous effects of charter schools and private schools on our education system, before taking a step back in scale to discuss how socialized medicine gave us all of the benefits of the vaccines, while the privatized profits have contributed to all of the horrors of the variants, and what the privatization of the judicial system has looked like. They wrap up the interview by touching on how we can push back against rampant privatization, focusing on pressuring our local and federal governments on legislative and policy issues, and reminding the public of the surface of the state that protects us in everyday life.
And in the Fun Half: Eric Adams moves his claim over the NYPD to be one over every worker in New York City, Coby from Utah calls in to discuss the healthcare provider shortage, and Robert from Tampa follows that up with a discussion on municipal ownership of utilities. El Camino Chavez finally gets his chance to debate Sam, only to blow it out his mask, Dana Perino reminds us that if we want to conquer the elements, we need tanks, or, ya know, farming equipment. Manchin is done with shutting things down, the MR Crew admires Ted Cruz’s and Senator Hawley’s foresight on last January 5th, and Tyler from Indianapolis explores white supremacy and the military, plus, your calls and IMs!
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The Majority Report with Sam Seder - https://majorityreportradio.com/
The podcast and artwork embedded on this page are from Sam Seder, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Dig (LS 59 · TOP 0.5% what is this?)
Episode: Private Money with Stefan Eich
Pub date: 2021-12-22
Episode two of our two-part series on cryptocurrency: political theorist Stefan Eich on how crypto fits into Hayek's old neoliberal dream of private money and why that vision emerged in a new form in the wake of the 2008 financial crisis.
Read Stefan's article: static1.squarespace.com/static/5ae8a7b625bf02c0b85aec02/t/5c923c13eef1a1ce843836ff/1553087508427/Stefan+Eich%2C+Old+Utopias%2C+New+Tax+Havens+%282019%29.pdf
Support The Dig at Patreon.com/TheDig
Check out We're Not Here to Entertain: Punk Rock, Ronald Reagan, and the Real Culture War of 1980s America by Kevin Mattson global.oup.com/academic/product/were-not-here-to-entertain-9780190908232
The podcast and artwork embedded on this page are from Daniel Denvir, Jacobin, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Future Histories (LS 40 · TOP 2% what is this?)
Episode: S02E10 - Aaron Benanav on Associational Socialism and Democratic Planning
Pub date: 2021-12-26
A world without scarcity is possible for everybody! Aaron Benanav shares his idea of how we could achieve this associational utopia, today.
Collaborative Podcast Transcription
If you would like to support Future Histories by contributing to the collaborative transcription of episodes, please contact us at:
transkription@futurehistories.today
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Shownotes
Aaron Benanav's Website:
https://www.aaronbenanav.com/
Aaron on Twitter:
https://twitter.com/abenanav
Benanav, Aaron. 2020. Automation and the Future of Work. London: Verso 2020:
https://www.versobooks.com/books/3717-automation-and-the-future-of-work
Benanav, Aaron. 2021. Automatisierung und die Zukunft der Arbeit. Berlin: Suhrkamp:
https://www.suhrkamp.de/buch/aaron-benanav-automatisierung-und-die-zukunft-der-arbeit-t-9783518127704
Benanav, Aaron. 2020. How to Make a Pencil. Logic Magazine, 12 (Open Access):
https://logicmag.io/commons/how-to-make-a-pencil/
Benanav, Aaron. 2021. Service Work in the Pandemic Economy. International Labor and Working Class History, 99, 66–74 (Open Access):
https://www.researchgate.net/publication/346189424_Service_Work_in_the_Pandemic_Economy
Benanav, Aaron. 2020. A World Without Work? Dissent (New York), 67(4), 45–52 (Open Access):
https://www.dissentmagazine.org/article/a-world-without-work
Titles, names and concepts mentioned in this episode:
Neurath, Otto. 2005 [1925]. Economic Plan and Calculation in Kind. In: Otto Neurath Economic Writings Selections 1904–1945 (pp. 405-465), Vienna Circle Collection, Dordrecht: Springer:
https://link.springer.com/chapter/10.1007/1-4020-2274-3_14
UBI (Wiki):
https://en.wikipedia.org/wiki/Universal_basic_income
New Keynesianism (Wiki):
https://en.wikipedia.org/wiki/New_Keynesian_economics
Pat Devine (Wiki):
https://en.wikipedia.org/wiki/Pat_Devine
Fikret Adaman at the Istanbul Policy Center:
https://ipc.sabanciuniv.edu/en/fikret-adaman-2da26a
Adaman, F. and Devine, P. 1996. "The Economic Calculation Debate: Lessons for Socialists", In: Cambridge Journal of Economics, 20, 523-537 (Open Access):
https://www.researchgate.net/publication/5208068_The_Economic_Calculation_Debate_Lessons_for_Socialists
Mariana Mazzucato:
https://marianamazzucato.com/
Mechanism design (Wiki):
https://en.wikipedia.org/wiki/Mechanism_design
Hayek, F. A. 2011 [1945]. “The Use of Knowledge in Society”. Mises Daily Articles (Open Access):
https://mises.org/library/use-knowledge-society
Hayek, F. A. 2005. "Economics and Knowledge". Mises Daily Articles (Open Access):
https://mises.org/library/economics-and-knowledge
Hayek, F. A. 2011 [1936]. Collectivist Economic Planning. London: Routledge (Open Access):
https://cdn.mises.org/Collectivist%20Economic%20Planning_2.pdf
Peter Kropotkin (Wiki):
https://en.wikipedia.org/wiki/Peter_Kropotkin
Friedrich Engels (WIki):
https://en.wikipedia.org/wiki/Friedrich_Engels
Karl Marx (Wiki):
https://en.wikipedia.org/wiki/Karl_Marx
Podcasts episodes with Aaron other than Future Histories:
NovaraFM Podcast, "After the Robots: Aaron Benanav on Work, Automation, and Utopia":
https://novaramedia.com/2020/12/18/after-the-robots-aaron-benanav-on-work-automation-and-utopia/
Tech Won’t Save Us Podcast, "Jobs Suck, But Not Because of Automation ft. Aaron Benanav":
https://podcasts.apple.com/us/podcast/jobs-suck-but-not-because-of-automation-w-aaron-benanav/id1507621076?i=1000497390727
Aufhebungabunga Podcast, "It’s Not Robots, It’s Capitalism ft. Aaron Benanav / Liz Pancotti":
https://aufhebungabunga.podbean.com/e/149-its-not-robots-its-capitalism-ft-liz-pancotti-aaron-benanav/
Further Future Histories Episodes on related topics:
S01E31/32 | Daniel E. Saros on Digital Socialism and the Abolition of Capital (pt. 1 & 2):
https://www.futurehistories.today/episoden-blog/s01/e31-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-1/;
https://www.futurehistories.today/episoden-blog/s01/e32-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-2/
S01E58 | Jasper Bernes on Planning and Anarchy:
https://www.futurehistories.today/episoden-blog/s01/e58-jasper-bernes-on-planning-and-anarchy/
S01E44/45 | Benjamin Bratton on Synthetic Catallaxies, Platforms of Platforms & Red Futurism (pt. 1 & 2):
https://www.futurehistories.today/episoden-blog/s01/e44-benjamin-bratton-on-synthetic-catallaxies-platforms-of-platforms-red-futurism-part-1-2/;
https://www.futurehistories.today/episoden-blog/s01/e45-benjamin-bratton-on-synthetic-catallaxies-platforms-of-platforms-red-futurism-part-2-2/
S01E16 | Richard Barbrook on Imaginary Futures:
https://www.futurehistories.today/episoden-blog/s01/e16-richard-barbrook-on-imaginary-futures/
(German) S01E18 | Simon Schaupp zu Kybernetik und radikaler Demokratie:
https://www.futurehistories.today/episoden-blog/s01/e18-simon-schaupp-zu-kybernetik-und-radikaler-demokratie/
(German) S01E19 | Jan Philipp Dapprich zu sozialistischer Planwirtschaft:
https://www.futurehistories.today/episoden-blog/s01/e19-jan-philipp-dapprich-zu-sozialistischer-planwirtschaft/
(German) S01E38 | Ulrike Herrmann zu kapitalistischer Planwirtschaft:
https://www.futurehistories.today/episoden-blog/s01/e38-ulrike-herrmann-zu-kapitalistischer-planwirtschaft/
(German) S01E39 | Jens Schröter zur Gesellschaft nach dem Geld:
https://www.futurehistories.today/episoden-blog/s01/e39-jens-schroeter-zur-gesellschaft-nach-dem-geld/
(German) S01E51 | Timo Daum zur unsichtbaren Hand des Plans:
https://www.futurehistories.today/episoden-blog/s01/e51-timo-daum-zur-unsichtbaren-hand-des-plans/
(German) S01E14 | Harald Welzer zu Kapitalismus, Planwirtschaft & liberaler Demokratie:
https://www.futurehistories.today/episoden-blog/s01/e14-interview-mit-harald-welzer-zu-kapitalismus-planwirtschaft-amp-liberaler-demokratie/
(German) S01E47 | Stefan Meretz zu Commonismus:
https://www.futurehistories.today/episoden-blog/s01/e47-stefan-meretz-zu-commonismus/
If you like Future Histories, you can help with your support on Patreon:
https://www.patreon.com/join/FutureHistories?
Write me at office@futurehistories.today and join the discussion on Twitter (#FutureHistories):
https://twitter.com/FutureHpodcast
or on Reddit:
https://www.reddit.com/r/FutureHistories/
or on YouTube:
https://www.youtube.com/channel/UCfRFz38oh9RH73-pWcME6yw
www.futurehistories.today
Episode Keywords:
FutureHistories, #Podcast, #AaronBenanav, #JanGroos, #Interview, #Automation, #AutomationAndTheFutureOfWork, #FullEmployment, #AWorldWithoutWork, #ServiceWorkInThePandemicEconomy, #UBS, #UBI, #UniversalBasicIncome, #UniversalBasicServices, #BGE, #BedingungslosesGrundeinkommen, #Arbeitspolitik, #Planwirtschaft, #Society, #Democracy, #Communism, #Planarchy, #SocialistCalculationDebate, #Hayek, #Marx, #KarlMarx, #PlanningDebate, #DigitalSocialism, #Socialism, #PlannedEconomy, #AssociationalSocialism,#DemocraticPlanning
The podcast and artwork embedded on this page are from Jan Groos, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Keen On (LS 40 · TOP 2% what is this?)
Episode: Liam Campling & Alejandro Colás on How the Sea Shaped Capitalism
Pub date: 2021-12-22
In this episode of “Keen On”, Andrew is joined by Liam Campling and Alejandro Colás, the co-authors of “Capitalism and the Sea: The Maritime Factor in the Making of the Modern World".
Liam Campling is a political economist researching the theory, politics and industrial organization of the business enterprise and global value chains; international trade policy, its negotiation and relationship to global production; and the political economy of development and environment change. He regards political economy as an interdisciplinary approach that allows me to contribute to debates in a range of fields, including Development Studies, Economic Geography, International Business, and International Political Economy.
Alejandro Colás is Professor of International Relations in Birbeck University of London's Department of Politics. He has published on subjects ranging from piracy, food politics, Spanish responses to terrorism, imperialism, internationalism and global governance in journals like International Affairs, the Review of International Studies, Political Quarterly, Development and Change, Millennium, the European Journal of International Relations and Contemporary Politics
Visit our website: https://lithub.com/story-type/keen-on/
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The podcast and artwork embedded on this page are from Andrew Keen, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Sustainability Agenda (LS 41 · TOP 2% what is this?)
Episode: Episode 141 Interview with Professor Katharina Pistor on How the Law Creates Wealth and Inequality
Pub date: 2021-12-13
Katharina Pistor, Professor of Comparative Law and director of the Center on Global Legal Transformation at Columbia Law School, discusses her most recent book The Code of Capital: How the Law Creates Wealth and Inequality. In this fascinating discussion, she highlights the various ways that debt, complex financial products, and other assets are selectively coded to protect and reproduce private wealth—and the malleability of the legal system, that can be redesigned, and repurposed--by well paid lawyers. Katharina discusses the recent trend to create environmental financial assets-and highlights what she sees as a crucial, perennial, question: who will bear any financial losses (associated with climate change investments). Katharina also shares some ideas on we might create a financial system that would be more socially, environmentally and financially equitable.
Katharina Pistor is the Edwin B. Parker Professor of Comparative Law and director of the Center on Global Legal Transformation at Columbia Law School. A leading scholar and writer on corporate governance, money and finance, property rights, and comparative law and legal institutions, Pistor’s most recent book, The Code of Capital: How the Law Creates Wealth and Inequality, examines how assets such as land, private debt, business organizations, or knowledge are transformed into capital through contract law, property rights, collateral law, and trust, corporate, and bankruptcy law. The Code of Capital was named one of the best books of 2019 by the Financial Times and Business Insider.
The podcast and artwork embedded on this page are from Fergal Byrne, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Governance Podcast (LS 27 · TOP 10% what is this?)
Episode: How Neo-Liberal are Contemporary Modes of Governance? In Conversation with Will Davies
Pub date: 2021-12-13
On this week’s episode of the Governance Podcast, our Director Prof. Mark Pennington interviews Prof. Will Davies from Goldsmiths, University of London. This episode is titled “How Neo-Liberal are Contemporary Modes of Governance?”
The podcast and artwork embedded on this page are from Centre for the Study of Governance and Society, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Fifty One
Pub date: 2021-12-14
Jenn, Çınla, and Scott discuss a number of recent additions to the literature in history of economic thought and methodology.
If you are interested in reading the papers discussed in this episode, here they are (unfortunately, some may be behind paywalls):
Searching for a Tide Table for Business: Interwar Conceptions of Statistical Inference in Business Forecasting
Laetitia Lenel
History of Political Economy (2021) 53 (S1): 139–174
https://read.dukeupress.edu/hope/article-abstract/53/S1/139/175168/Searching-for-a-Tide-Table-for-BusinessInterwar
Behavioural Insights Teams (BITs) and policy change: An exploration of impact, location, and temporality of policy advice
Ishani Mukherjee and Sarah Geist
Administration and Society, 52(10), 1538-1561
https://journals.sagepub.com/doi/10.1177/0095399720918315
Knowledge, behaviour, and policy: questioning the epistemic presuppositions of applying behavioural science in public policymaking
Magdalena Małecka
Synthese, Volume 199, 5311–5338
https://link.springer.com/article/10.1007/s11229-021-03026-6
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
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Podcast: Poliko
Episode: The World Development Report 2020 Or How To Shore Up Fracturing Neoliberalism with Jennifer Bair and Benjamin Selwyn
Pub date: 2021-11-30
In this episode, I invited Jennifer Bair and Benjamin Selwyn to share their insights on the World Bank’s 2020 World Development Report. The WDR is the World Bank’s flagship publication, which aims at defining a hegemonic framework for thinking about development. In 2020, the WDR was entitled “Trading for Development in the Age of Global Value Chains”. Jennifer and Benjamin both recently published critical papers on the WDR 2020: We talk about the methodological and theoretical contradictions of the WDR, what it says about the strange non-death of neoliberalism, but also how the Global Value Chain (GVC) concept can be reclaimed by organized labor at a transnational level.
To access the two papers we discuss:
http://sro.sussex.ac.uk/id/eprint/98024/
https://journals.sagepub.com/doi/abs/10.1177/0308518X211006718
You can follow Jennifer's work at:
https://twitter.com/BairJenn
https://sociology.as.virginia.edu/people/profile/jlb5md
To follow Benjamin's work:
https://sussex.academia.edu/BenSelwyn
To read more on the topic:
https://monthlyreview.org/2021/11/01/world-development-under-monopoly-capitalism/
https://onlinelibrary.wiley.com/doi/abs/10.1111/dech.12132
The podcast and artwork embedded on this page are from David Karas, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Alain Guillot Show
Episode: 457 Eric Helleiner: A Global Intellectual History of Neomercantilists
Pub date: 2021-12-03
https://www.alainguillot.com/eric-helleiner/ Eric Helleiner is an author and Professor of Political Science and the Faculty of Arts Chair in International Political Economy at the University of Waterloo. His book is The Neomercantilists: A Global Intellectual History. Get the book here: https://amzn.to/3deUQw9
The podcast and artwork embedded on this page are from Alain Guillot, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Belabored (LS 48 · TOP 1% what is this?)
Episode: Belabored: Supply Chain Chaos, with Charmaine Chua
Pub date: 2021-12-03
Subscribe to the Belabored RSS feed here. Support the podcast on Patreon. Subscribe and rate on iTunes, Stitcher, and Spotify. Tweet at @DissentMag with #Belabored to share your thoughts, or join the conversation on Facebook. Check out the full archive here. Belabored is produced by Colin Kinniburgh.
The news these days is full of stories about the supposed supply chain crisis. But those stories come with little to no explanation of what that actually means, and of course the thing generally known as “the supply chain” isn’t a thing at all, but an impossibly complex web of workers and technology that stretches around the world. Today we’re beginning an intermittent series on supply chains, starting with Charmaine Chua, an assistant professor in the University of California Santa Barbara’s Department of Global Studies and a scholar of global logistics systems at work on a book titled Logistics Leviathan: Circulation, Empire, and the TransPacific Supply Chain. She joined us to discuss global shipping, just-in-time manufacturing, and why there’s no normal to get back to.
We also check in on the latest from Bessemer, Alabama, as an NLRB director orders a new union election, and a Board decision that workers have the right to wear “Black Lives Matter” swag on the job. We hear from Zenei Triunfo-Cortez of National Nurses United and Varsha Gandikota-Nellutla of Progressive International about a push from nurses’ unions for global vaccine equity and the latest on the Burgerville workers’ union. For Argh, we consider whether we really need 24-7 shopping, and whether we should be panicking about high wages causing inflation.
We’re going to be doing a special end-of-year virtual live show on December 16, 7 p.m. (EST). We’ll be joined by Rutgers University professor and union leader Rebecca Givan and Strikewave’s C.M. Lewis to talk all things Great Resignation and “Striketober,” plus we’ll take your questions! Register here.
Thank you for listening to our 236th episode! If you like the show, you can support us on Patreon with a monthly contribution, at the level that best suits you.
If you’re interested in advertising on the show, please email ads@dissentmagazine.org. And as always, if you have any questions, comments, or tips, email us at belabored@dissentmagazine.org
News Varsha Gandikota-Nellutla, Carers of the World vs. Covid-19 Criminals, Progressive International
Nurses from 28 countries file UN complaint alleging human rights violations by EU and four countries for ‘the loss of countless lives’ in the pandemic, Global Nurses United
Noam Scheiber, Union Vote at Amazon Warehouse in Alabama Is Overturned by Regional Labor Office, New York Times
Sarah Jaffe, It’ll Take a Movement: Organizing at Amazon After Bessemer, New Labor Forum
Jaffe, ‘Horror Story After Horror Story’: A Frontline Nurse Discusses the Crisis, Nation
Nick Bowman, Labor board: Fred Meyer, QFC ban on Black Lives Matter buttons violated law, MYNorthwest
Conversation
Charmaine Chua
Chua, Organizing Against Amazon Requires Strategizing Across Global Supply Chains, Jacobin
Chua, The Ever Given and the Monstrosity of Maritime Capitalism, Boston Review
E. Tammy Kim, The Supply-Chain Crisis Is Creating a Rare Opportunity for Truck Drivers, New York Times
Grace Kay, Why the supply chain is in crisis, spurring an ‘everything shortage’, Business Insider
Chris Stokel-Walker, Good Luck Trying to Fix the Supply Chain Crisis, Wired
Argh, I wish I’d written that!
Michelle: Rebecca Gordon, Why Do We Need a 24/7 Economy?, TomDispatch
Sarah: Matthew Boesler, Joe Deaux, and Katia Dmitrieva with Josh Eidelson, Fattest Profits Since 1950 Debunk Wage-Inflation Story of CEOs, Bloomberg
The post Belabored: Supply Chain Chaos, with Charmaine Chua appeared first on Dissent Magazine.
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Podcast: Accidental Gods (LS 47 · TOP 1% what is this?)
Episode: Your money or our lives: Economics, Green New Deal and a post-COP world with James Meadway
Pub date: 2021-12-01
Dr James Meadway is an economist whose work has focused on developing viable alternatives to neoliberalism, and has published widely on democratic ownership, environmental economics, and automation and the digital economy.
He was previously economic advisor to John McDonnell when he was Shadow Chancellor, and was chief economist at the New Economics Foundation. He is currently writing a book on the British economy after the 2008 crisis, and appears regularly on broadcast media as a commentator on UK politics.
James holds a PhD in economics from the University of London, masters degrees in economics and economic history, and a BSc in economics and economic history from LSE. He has taught at SOAS, City, Cambridge and Sussex Universities.
In this episode, we explore the repercussions of the COP26 climate talks in Glasgow and how the world might respond - in particular, how we might respond as individuals, and as communities.
Links
James in the New Statesman: Why a green state is not enough to compensate for bad capitalists: https://www.newstatesman.com/ideas/2021/11/is-a-green-state-the-answer-to-the-climate-crisis
James just after the 2019 election: https://novaramedia.com/2019/12/17/labours-economic-plans-what-went-wrong/
Aditya Chakrobortty in the Guardian: https://www.theguardian.com/commentisfree/2021/nov/11/green-new-deal-bad-idea-policy-left-joe-biden-john-mcdonnell
The podcast and artwork embedded on this page are from Accidental Gods, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: A World to Win with Grace Blakeley (LS 53 · TOP 0.5% what is this?)
Episode: THE FIGHT FOR DEBT JUSTICE: An interview with Heidi Chow
Pub date: 2021-11-24
This week, Adele Walton, filling in for Grace Blakeley, speaks with Heidi Chow, executive director at Jubilee Debt Campaign, which works to end poverty, inequality, and exploitation caused by unjust debt. They discuss the neocolonial nature of debt, how debt reproduces global inequality and poverty, the legacy of Thomas Sankara, and more.
You can support our work on the show by subscribing to our Patreon, where you'll get access to full-length versions of the interviews. Thanks to producer Conor Gillies and to the Lipman-Miliband Trust for making this episode possible.
The podcast and artwork embedded on this page are from Tribune, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: Margherita Zanasi, "Economic Thought in Modern China: Market and Consumption, c.1500–1937" (Cambridge UP, 2020)
Pub date: 2021-12-03
In Economic Thought in Modern China: Market and Consumption, c.1500–1937(Cambridge University Press, 2020), Margherita Zanasi argues that basic notions of a free market economy emerged in China a century and half earlier than in Europe. In response to the commercial revolutions of the late 1500s, Chinese intellectuals and officials called for the end of state intervention in the market, recognizing its power to self-regulate. They also noted the elasticity of domestic demand and production, arguing in favour of ending long-standing rules against luxury consumption, an idea that emerged in Europe in the late seventeenth and early nineteenth centuries. Zanasi challenges Eurocentric theories of economic modernization as well as the assumption that European Enlightenment thought was unique in its ability to produce innovative economic ideas. She instead establishes a direct connection between observations of local economic conditions and the formulation of new theories, revealing the unexpected flexibility of the Confucian tradition and its accommodation of seemingly unorthodox ideas.
Margherita Zanasi is Professor of Chinese History at Louisiana State University. She has published widely on different aspects of modern China's history, including her first book Saving the Nation: Economic Modernity in Republican China (University of Chicago Press, 2005). She also serves as the editor of the journal Twentieth Century China.
Ghassan Moazzin is an Assistant Professor at the Hong Kong Institute for the Humanities and Social Sciences and the Department of History at the University of Hong Kong. He works on the economic and business history of 19th and 20th century China, with a particular focus on the history of foreign banking, international finance and electricity in modern China. His first book, Foreign Banks and Global Finance in Modern China: Banking on the Chinese Frontier, 1870–1919, is forthcoming with Cambridge University Press.
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Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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Podcast: New Economics Podcast (LS 51 · TOP 0.5% what is this?)
Episode: The future of work
Pub date: 2021-11-19
A record number of employees have quit their jobs in recent months, in what’s been dubbed the Great Resignation. Newspapers report that it’s part of post-Covid demand for flexible working and better work life balance.
After last year, where up to a quarter of the UK workforce was paid not to work through the furlough scheme, are we reassessing our relationship to our jobs? How does work impact our health and sense of self? And should we improve our working conditions - or try to abolish work altogether?
Ayeisha is joined by Amelia Horgan, assistant lecturer at the school of philosophy and art history, University of Essex, and author of Lost in Work.
- Grab a copy of Amelia's book: https://www.plutobooks.com/9780745340913/lost-in-work/
- Listen back to past episodes on outsourcing and the impacts of the economy on mental health: https://neweconomics.org/section/podcasts
- Read Ayeisha's piece for the second issue of the New Economics Zine: https://neweconomics.org/2020/10/this-is-your-brain-on-neoliberalism
- Simone de Beauvoir's The Second Sex is available here: https://www.penguin.co.uk/books/103/1038399/the-second-sex/9780099595731.html
- Find out more about Lauren Berlant's Cruel Optimism: https://www.dukeupress.edu/cruel-optimism
- Take a look at the Antiwork subreddit here: https://www.reddit.com/r/antiwork/
- Read Capital Realism by Mark Fisher: https://bookshop.org/books/capitalist-realism-is-there-no-alternative/9781846943171
Researched by Margaret Welsh. Produced by Becky Malone.
Music by Poddington Bear under Creative Commons license.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org
The podcast and artwork embedded on this page are from New Economics Foundation, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: David Harvey's Anti-Capitalist Chronicles (LS 56 · TOP 0.5% what is this?)
Episode: The Coercive Laws of Competition
Pub date: 2021-11-18
In this episode of ACC, Prof. Harvey examines 2 schools of thought within the Marxist tradition, one that focuses on the falling rate of profit, and the other that explores the rising mass. Harvey argues that both schools miss an important contradiction that separates each of them from the other: the role of competition. The coercive laws of competition are crucial for both falling rate of profit and rising mass. He explains why.
The podcast and artwork embedded on this page are from Democracy at Work - David Harvey, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Fifty
Pub date: 2021-11-15
In our 50th (!) episode, we interview our soon-to-be-former co-host Carlos Eduardo Suprinyak about his many and varied research interests. Topics include Carlos's work on early modern political economy, British trade in the 1620s, G.D.H. Cole's work on economic planning during the interwar period, Nicholas Georgescu-Roegen's work on economic development, and the influence of the "Vanderbilt Boys" on academic economics in Brazil.
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
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Podcast: Rania Khalek Dispatches (LS 37 · TOP 2.5% what is this?)
Episode: Why Capitalism Needs Imperialism To Drain Wealth From the Global South, w/ Marxist Economist Utsa Patnaik
Pub date: 2021-11-16
Why does capitalism need imperialism? What is the magnitude of colonial and imperial theft of resources from the Global South? How did global capitalism adapt after World War II and in the neoliberal era? And how is it fueling neofascist movements today?
The podcast and artwork embedded on this page are from Rania Khalek, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Reinventing Solidarity
Episode: Episode 20 - Labor In The Age Of Finance
Pub date: 2021-10-22
Samir Sonti interviews Sandy Jacoby, author of Labor in the Age of Finance: Pensions, Politics, and Corporations from Deindustrialization to Dodd-Frank. Jacoby’s book and this conversation offer insights into some of the strategic choices organized labor has made since the 1990s in the face of burgeoning corporate power and its own diminished membership rates. With union density in the private sector hovering around 6 percent and a labor law regime that enables employers to resist unionization, many unions have sought other forms of leverage. Those strategies have focused on both legislative reform, Dodd Frank for example, and union pension shareholder activism. In both realms, Jacoby argues, organized labor’s tactics have elevated shareholder influence within corporate governance and exacerbated the financialization of the economy.
The podcast and artwork embedded on this page are from CUNY SLU, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Capitalisn't (LS 52 · TOP 0.5% what is this?)
Episode: A Turning Point In The History Of Capitalism?
Pub date: 2021-11-04
Histories are often relegated to the sidelines of economic study. But what do we lose in our theories when we only focus on the math and models?
In his new book, “Ages of American Capitalism”, University of Chicago historian Jonathan Levy looks at the turning points in the history of capitalism and what those moments can teach us about today.
The podcast and artwork embedded on this page are from University of Chicago Podcast Network, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Rethinking Development Podcast (LS 32 · TOP 5% what is this?)
Episode: 5.2 Development & the COVID 19 Pandemic
Pub date: 2021-11-02
In this episode, Noaman and Safa reflect on the emergence, spread, political economy and impact of the COVID 19 pandemic on development work.
Support the show (https://www.patreon.com/rethinkingdevelopment)
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Podcast: The Official Project Censored Show (LS 43 · TOP 1.5% what is this?)
Episode: The Transnational Capitalist Class, Global Economic Crisis, and Twenty-First Century Fascism
Pub date: 2022-04-30
On the latest Project Censored Show— "The Transnational Capitalist Class, Global Economic Crisis, and Twenty-First Century Fascism," former co-host Peter Phillips rejoins host Mickey Huff to discuss his work on the Global Power Elites with fellow political sociologist William I. Robinson. They ponder— what will be the consequences of a capitalist crisis of overproduction in the 21st century, when nations and political institutions are dominated by a single transnational capitalist class? They discuss their most recent research and more, going well beyond the Trump hype about the state of the global capitalist order.
Notes:
Peter Phillips is a Professor of Sociology at Sonoma State University; his latest book is "Giants: the Global Power Elite” from Seven Stories Press. https://www.projectcensored.org/product/giants-the-global-power-elite/
William Robinson is a Professor of Sociology at the University of California at Santa Barbara; his latest book is "Into the Tempest: Essays on the New Global Capitalism” on Haymarket Books.
https://www.haymarketbooks.org/books/1229-into-the-tempest
http://www.soc.ucsb.edu/faculty/robinson/
Music-break information:
1) "Let's Work Together" by Canned Heat
2) "Fortunate Son" by Creedence Clearwater Revival
3) "Power to the People" by John Lennon
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Podcast: A Public Affair (LS 25 · TOP 10% what is this?)
Episode: The Twilight of Sweatshop Capitalism
Pub date: 2021-10-28
How are the clothes we wear produced? Where? By whom and under what conditions? At what cost? And who profits?
These are only a few of the questions political economist Ashok Kumar takes up in his latest book, Monopsony Capitalism (“monopsony” referring to “the unequal power dynamic of many sellers and only a few buyers“).
Today on the show, Thursday host Allen Ruff speaks with Ashok about the global garment and footwear sectors, why we might be nearing “the twilight of the sweatshop age,” and the way forward out of capitalism.
Ashok Kumar is a senior lecturer (associate professor) of political economy at Birkbeck, University of London. He is the author of Monopsony Capitalism: Power and Production in the Twilight of the Sweatshop Age (Cambridge University Press, 2020).
Cover photo by Rio Lecatompessy on Unsplash
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Podcast: Money on the Left (LS 39 · TOP 2% what is this?)
Episode: Radical Heterodoxies & Parallel Institutions w/ Mat Forstater
Pub date: 2021-11-01
Mat Forstater joins Money on the Left to discuss the origins of Modern Monetary Theory (MMT), the vicissitudes of heterodox economics, and the challenges of building alternative institutions in and beyond the academy. As one of the principal architects of MMT, as well as teacher and advisor to many of the more recognized MMT scholars and advocates today, Forstater is perhaps the best equipped heterodox economist to give us the details on the innovative assumptions and arguments that created the firmament for what we now know as Modern Monetary Theory. More importantly, how Forstater came to shape the project greatly defamiliarizes popular assumptions about MMT, which tend to reduce what is in truth a rich intellectual and political movement to a narrow and technocratic set of truisms and just-so stories. From experimental poetry and Black political economy to the problems of futurity and invention, Forstater’s circuitous path reveals MMT’s origins to be far more interdisciplinary and heterogeneous than it is often understood to be by opponents and advocates alike.
Visit our Patreon page here: https://www.patreon.com/MoLsuperstructure
Music by Nahneen Kula: www.nahneenkula.com
Transcript
The following was transcribed by Richard Farrell and has been lightly edited for clarity.
The podcast and artwork embedded on this page are from Money on the Left, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: EU Watchdog Radio
Episode: Episode 26: The European Green Deal - Reclaiming Public Investments for a real Socio-ecological Transformation
Pub date: 2021-10-22
In this new episode of EU Watchdog Radio, we take a closer look at the European Green Deal (EGD) and in particular how it is being financed. Counter Balance released their latest report on October 20, 2021. In "The European Green Deal: Reclaiming Public Investments for a real Socio-ecological Transformation"Counter Balance shows that the financial basis of the EGD is undersized and wobbly at best.
In this episode we talk to Xavier Sol, Director of Counter Balance about the main findings of the report.
There are three main issues plaguing the financial basis of the EGD. The €1 trillion investment package that's supposed to finance the EGD - the so-called "Sustainable Europe Investment Plan" (SEIP) is merely a political announcement and does not reflect what the EU will actually invest. Most of the instruments under the SEIP are simply the continuation of already existing investment programmes, there is only limited new or fresh money under it.
Then there is the strong bias in favour of the private and financial sector. The focus on bankable projects and leveraging private resources has come at the expense of playing a stronger role in furthering transformative policy orientations. The approach of turning projects into bankable ones ignores the fact that a majority of the needs for ecological transition will simply not be bankable and offer any return on investment. The sustainable finance agenda associated with the SEIP also risks to reinforce the financialisation of our economies, at the expense of the real economy.
And thirdly, there are major challenges in terms of accountability and transparency. Looking at how the InvestEU programme and the European Investment Bank (EIB) will operate under the SEIP, it is clear that decisions about loans and various financial instruments are unlikely to be taken in a transparent, accountable and participatory manner. Corruption, fraud and misuse of funds are also a matter of concern that largely remain unaddressed.
This podcast is produced by CEO and Counter Balance. Both CEO and Counter Balance raise awareness on the importance of good governance in the European Union, by researching issues like lobbying of large and powerful industries, corporate capture of decision making, corruption, fraud, human rights violations in areas like agro-business, biotech & chemical companies, the financial sector & public investment banks, trade, energy & climate, scientific research and much more...
You can find us on iTunes, Spotify & Buzzsprout. Stay tuned for more independent and in-depth information that concerns every EU-citizen!
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Podcast: Policy 360 (LS 31 · TOP 5% what is this?)
Episode: Ep. 130 Debt as a Lever for Power
Pub date: 2021-10-27
There’s been tremendous political wrangling in the US recently about raising the debt ceiling (how much money we allow ourselves to borrow). The U.S. is not the first country in history borrow money and we won’t be the last. In the late imperial period until the early 1920s, Russia needed cash, and they got it from Britain and France. Owing so much money gave Russia a kind of power; if Russia defaulted, it would have been catastrophic for the countries that lent them money.
Guest: Duke professor Jennifer Siegel. Her book is For Peace and Money: French and British Finance in the Service of Tsars and Commissars.
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Podcast: New Economics Podcast (LS 51 · TOP 0.5% what is this?)
Episode: Is austerity back?
Pub date: 2021-10-26
At the height of the pandemic, politicians promised to do whatever it took to keep the economy going, and introduced emergency support like the furlough scheme. But now those measures have been cut and the conversation has turned to “fixing the public finances”, ending “reckless borrowing'' and preventing “soaring debt”. The word austerity hasn’t featured yet but it’s all feeling a bit familiar, isn’t it?
So, what do these phrases actually mean? Should we really be worried about things like government borrowing and public debt? And what are some of the alternative ways of thinking about our economy?
Ayeisha is joined by Dora Meade, head of messaging at the New Economy Organisers Network (NEON), and Frank van Lerven, senior economist at NEF.
Researched by Margaret Welsh. Produced by Becky Malone.
Music by Poddington Bear and Christian Bjoerklund under Creative Commons license.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org
The podcast and artwork embedded on this page are from New Economics Foundation, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Harvard Fairbank Center for Chinese Studies (LS 37 · TOP 2.5% what is this?)
Episode: Disaggregating China Inc., with Yeling Tan
Pub date: 2021-10-15
Speaker: Yeiling Tan, Assistant Professor, Department of Political Science, University of Oregon
Professor Yeling Tan discusses her book, Disaggregating China, Inc: State Strategies in the Liberal Economic Order. China’s entry into the World Trade Organization (WTO) in 2001 represented an historic opportunity to peacefully integrate a rising economic power into the international order based on market-liberal rules. Yet current economic tensions between the US and China indicate that this integration process has run into trouble. To what extent has the liberal internationalist promise of the WTO been fulfilled? To answer this question, this study breaks open the black box of the massive Chinese state and unpacks the economic strategies that central economic agencies as well as subnational authorities adopted in response to WTO rules demanding far-reaching modifications to China’s domestic institutions. The study explains why, rather than imposing constraints, WTO entry provoked divergent policy responses from different actors within the Chinese state, in ways neither expected nor desired by the architects of the WTO.
Yeiling Tan is an Assistant Professor of Political Science at the University of Oregon, and a non-resident scholar at the opens in a new windowUC San Diego 21st Century China Center. From 2017-2020, she was a fellow of the World Economic Forum’s Council on the Future of International Trade and Investment. From 2017-2019, she was a member of the opens in a new windowGeorgetown University Initiative for U.S.-China Dialogue on Global Issues. In 2017-18, she was a post-doctoral fellow at the opens in a new windowPrinceton-Harvard China and the World Program in Princeton University.
Her research interests lie at the intersection of international and comparative political economy, with an emphasis on China and the developing world. Two broad questions define her research agenda. First: how do the rules of globalization affect politics within authoritarian regimes such as China, given that these rules require increasingly far-reaching modifications to domestic institutions? Second, how do authoritarian regimes affect rule-making at the international level?
She holds a PhD in Public Policy from opens in a new windowHarvard University (2017), an MPA in International Development from the opens in a new windowJohn F. Kennedy School of Government, Harvard University (2011) and a BA (Honors, Distinction) in International Relations and Economics from opens in a new windowStanford University (2002). Apart from research on globalization and China, she has also worked in the public and non-governmental sectors on a range of issues including economic development, international security policy, global governance and governance innovations.
The podcast and artwork embedded on this page are from Harvard Fairbank Center for Chinese Studies, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Transforming Society Podcast
Episode: What next for the welfare state?
Pub date: 2021-10-14
In this episode of the Transforming Society podcast, Jess Miles speaks with Chris Pierson, author of 'The Next Welfare State?', about current policy, the mistakes of the past, and ways in which the welfare state should be transformed in order to ensure collective wellbeing.
Intro music: Cold by yoitrax | @yoitrax Music promoted by www.free-stock-music.com Creative Commons Attribution 3.0 Unported License creativecommons.org/licenses/by/3.0/deed.en_US
The podcast and artwork embedded on this page are from Bristol University Press, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Haymarket Books Live (LS 37 · TOP 2.5% what is this?)
Episode: Revolutionary Rehearsals in the Neoliberal Age w/ Frances Fox Piven & more
Pub date: 2021-10-15
Join Haymarket Books and Spectre Journal for a conversation on revolution in the contemporary era.
The last three decades have seen an increase in the number of political upheavals that challenge existing power structures, many of them taking the form of urban revolts. Revolutionary Rehearsals in the Neoliberal Age explores a series of these upheavals--in Eastern Europe, South Africa, Indonesia, Argentina, Bolivia, Venezuela, sub-Saharan Africa (including Congo, Zimbabwe, Burkina Faso) and Egypt.
In this book launch scholars of and participants in some of these revolutionary upheavals will consider what lessons we can draw from these moments and movements that brought the system to its knees, before it rallied and turned back the tides of sweeping change.
Order a copy of the book from Haymarket: https://www.haymarketbooks.org/books/1653-revolutionary-rehearsals-in-the-neoliberal-age
Speakers:
Cinzia Arruzza is associate professor of philosophy at the New School for Social Research and Eugene Lang College. She is the Vice-President of the New School AAUP chapter and the co-author of Feminism for the 99%. A Manifesto. She is a member of the editorial board of Spectre Journal.
Gareth Dale teaches politics at Brunel University. He is the author of The East German Revolution of 1989.
Frances Fox Piven is a distinguished professor of political science and sociology at The Graduate Center, City University of New York. She is a co-author, with Richard A. Cloward, of The Breaking of the American Social Compact; a co-author, with Lorraine C. Minnite and Margaret Groarke, of Keeping Down the Black Vote: Race and the Demobilization of American Voters; and the author of The War at Home: The Domestic Costs of Bush’s Militarism and Who’s Afraid of Frances Fox Piven?: The Essential Writings of the Professor Glenn Beck Loves to Hate. She lives in New York City.
Sameh Naguib teaches sociology at the American University in Cairo and has written extensively on politics in Egypt and the Middle East. He is also a founding member of the Revolutionary Socialist Movement in Egypt.
This event is sponsored by Spectre Journal and Haymarket Books.
Watch the live event recording: https://youtu.be/OyRXyOXZyv0
Buy books from Haymarket: www.haymarketbooks.org
Follow us on Soundcloud: soundcloud.com/haymarketbooks
The podcast and artwork embedded on this page are from Haymarket Books, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Economics & Beyond with Rob Johnson (LS 40 · TOP 2% what is this?)
Episode: Ann Pettifor: How Do We Create the Financial Conditions for a Green New Deal?
Pub date: 2021-10-14
Political economist, author, and public speaker Ann Pettifor talks about her latest book, The Case for a Green New Deal, which not only lays out the urgency for such a deal, but also proposes a roadmap for both national and global financial reform to make it possible.
The podcast and artwork embedded on this page are from Institute for New Economic Thinking (INET), which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: A World to Win with Grace Blakeley (LS 53 · TOP 0.5% what is this?)
Episode: WORK WITHOUT THE WORKER: An interview with Phil Jones
Pub date: 2021-10-14
This week, Grace speaks to Phil Jones, researcher at Autonomy and author of Work Without the Worker: Labour in the Age of Platform Capitalism. They discuss whether what we refer to as automation actually relies on the proliferation of poorly paid microwork around the world, who does this work under what conditions, and how workers can start to organise to resist their exploitation at the hands of some of the most powerful companies in the world.
You can support our work on the show by becoming a Patron. Thanks to producer Sarah Hurd for filling in this week and to the Lipman-Miliband Trust for making this episode possible.
The podcast and artwork embedded on this page are from Tribune, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: A Public Affair (LS 25 · TOP 10% what is this?)
Episode: Digging into the Pandora Papers
Pub date: 2021-10-08
What are the Pandora Papers, why do they matter, and what do they reveal?
For today’s show, Friday host Esty Dinur digs into this explosive investigation of nearly 12 million documents that show what the world’s richest are really doing with their money.
For the first half, she speaks with reporter Spencer Woodman from the International Consortium of Investigative Journalists, the organization that released the papers, about his latest story on the Legion of Christ stashing millions overseas.
Then, she brings on Phoenix-based tax attorney Bob Lord with the Institute for Policy Studies to learn what the Pandora Papers reveal about tax avoidance.
Did you enjoy this story? Your funding makes great, local journalism like this possible. Donate here
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Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: Ingrid Harvold Kvangraven on the Work of Samir Amin
Pub date: 2021-10-06
Ingrid Harvold Kvangraven is a Lecturer (Assistant Professor) in International Development at King’s College, London. Her research is centered on the role of finance in development, structural features of underdevelopment, the political economy of development, and critically assessing the economics field.
She is also Founder and Editor of the blog Developing Economics, Founder and Steering Group member of Diversifying and Decolonising Economics (D-Econ) and Coordinator of the Association for Heterodox Economics.
Subscribe to our newsletter today A Correction Podcast Episodes RSS
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Podcast: This Is Hell! (LS 57 · TOP 0.5% what is this?)
Episode: The state and the autonomous zone / Stellan Vinthagen
Pub date: 2021-10-05
Sociologist Stellan Vinthagen on his article "The ZAD: between utopian radicalism and negotiated pragmatism," co-written with Fareen Parvez for ROAR Magazine.
https://roarmag.org/essays/zad-radicalism-pragmatism/
The podcast and artwork embedded on this page are from This is Hell!, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Kathakar (LS 24 · TOP 10% what is this?)
Episode: Episode 10: Banking and Trade in the Mediterranean
Pub date: 2021-09-22
After the fall of the Roman Empire, Europe was cast into disarray, as several people groups banded together in fiefdoms to ensure survival. However, after decades in the Dark Ages, a light emerged on the European continent and the Late Medieval and Early Modern periods saw a great increase in trade, commerce, and connectedness between the states and kingdoms. Specifically, the Mediterranean saw the development of extensive trade networks with high traffic and risk, creating the need for modern banking institutions. Dr. Francesca Trivellato, the Andrew W. Mellon Professor at the School of Historical Studies at the Institute for Advanced Study, joins us to discuss Mediterranean trade and banking during the 11th to 17th centuries and the various causes behind the innovations.
The podcast and artwork embedded on this page are from Kathakar Media, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Anti-Dystopians
Episode: Financial imperialism on the blockchain: Bitcoin in El Salvador
Pub date: 2021-09-26
This week, Alina Utrata is joined by Mallika Balakrishnan to talk about the protests over the adoption of bitcoin in El Salvador. What exactly is bitcoin (and what's the difference between Bitcoin and other digital currencies)? Why has President Nayib Bukele implemented it as legal tender in El Salvador? And, most importantly, how will this impact the people in El Salvador? All your questions on the blockchain answered by the Anti-Dystopians!
All episodes of the Anti-Dystopians are hosted and produced by Alina Utrata, and are freely available to all listeners. To support the production to the show, visit: bit.ly/3AApPN4
Articles mentioned in this podcast
El Salvador’s Bitcoin Law Is a Farce
For Latin American politicians, Bitcoin is a PR goldmine
Jorge E. Cuéllar, Bitcoin Sanctuaries — Sidecar (New Left Review)
USAID, Bitcoin and the Long Fight over El Salvador’s Sovereignty -- Daniel Alvarenga -- El Faro
Left Out of Bukele’s Bitcoin Decision, Salvadorans Face Deepening Inequality
There Is No Democratic Tradition in El Salvador
In Central America, Rule of Law Is Under Attack. El Salvador Is the Latest Victim.
In El Salvador, Broken Promises Have Forced the Establishment Out
CISPES https://www.cispes.org/
Books mentioned in this podcast
Blockchain Chicken Farm by Xiaowei Wang
Blockchain Democracy by William Magnuson
Nowhere Land by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4148-nowhere-land
License: http://creativecommons.org/licenses/by/4.0/
See acast.com/privacy for privacy and opt-out information.
The podcast and artwork embedded on this page are from Alina Utrata, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Millennials Are Killing Capitalism (LS 47 · TOP 1% what is this?)
Episode: "The Swedish Model," Social Democracy and the Imperialist World System with Torkil Lauesen
Pub date: 2021-09-25
In this episode we inter view Torkil Lauesen. Lauesen is a long-time anti-imperialist activist and writer living in Denmark. From 1970 to 1989 he was a full-time member of a communist anti-imperialist group, supporting Third World liberation movements by both legal and illegal means. In connection with support work, he has traveled in Lebanon, Syria, Zimbabwe, South Africa, the Philippines, and Mexico. In the 1990’s, during his political imprisonment, he was involved in prison activism and received a Masters degree in political science.
He is also the author of multiple books, including The Global Perspective: Reflections on Imperialism and Resistance and The Principal Contradiction. He is currently a member of International Forum, an anti-imperialist organization based in Denmark.
Today we talk to him about his latest book Riding The Wave: Sweden’s Integration into the Imperialist World System. Which is a thorough investigation into the development of the so-called “Swedish Model” considered by many to be the pinnacle of social democracy. Many US based social democrats, have even gone so far as to describe it this model as a form of “socialism.” Torkil explains the relationship of this economic model to colonialism and imperialism, arguing that the accomplishments of the Social Democratic Party, and trade union movement, would not be possible if one took imperialism out of the equation.
We hope you enjoy this conversation, and definitely recommend Lauesen’s new book Riding The Wave, which is not only a great history of the conditions that produced the “Swedish Model,” but deals with many other global phenomena at some length, including how neoliberalism restructured the capitalist world system.
A reminder that we are still slowly working our way toward 1,000 patrons for the show, which is our current goal. You can become a patron at patreon.com/millennialsarekillingcapitalism. Our next episode will be a set of reflections between Josh and I on four years of doing Millennials Are Killing Capitalism as we’re a little more than a week away from our 4 year anniversary.
Leftwingbooks.net, is having a 20% sale the rest of September on books on its “Against War and Empire” category. Use the code: AGAINSTEMPIRE all one word, all caps at checkout to get that discount.
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Podcast: Money on the Left (LS 39 · TOP 2% what is this?)
Episode: Chekhov's Coin with Rohan Grey
Pub date: 2021-09-28
In this special episode, Rohan Grey joins Billy Saas to discuss the latest episode in the #MinttheCoin saga. Rohan Grey is Assistant Professor of Law in the College of Law at Willamette University.
Read his article on the trillion-dollar coin in the Kentucky Law Journal titled “Administering Money: Coinage, Debt Crises, and the Future of Fiscal Policy” here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3536440
John Stewart on the trillion-dollar coin in 2013: https://www.cc.com/video/t24pv8/the-daily-show-with-jon-stewart-the-trillion-dollar-coin
James Buchanan and Paul Samuelson in John Maynard Keynes: Life, Ideas, Legacy documentary: https://youtu.be/JpIJvAt3dTc?t=3105
Visit our Patreon page here: https://www.patreon.com/MoLsuperstructure
Music by Nahneen Kula: www.nahneenkula.com
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Podcast: This Is Hell! (LS 57 · TOP 0.5% what is this?)
Episode: Brutality, capitalism, revenge / Max Haiven
Pub date: 2021-09-21
Writer Max Haiven on his book "Revenge Capitalism: The Ghosts of Empire, the Demons of Capital, & the Settling of Unpayable Debts" from Pluto Press.
http://www.plutobooks.com/9780745340562/revenge-capitalism/
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Podcast: Rethinking Development Podcast (LS 32 · TOP 5% what is this?)
Episode: 51. Decolonization is not a Metaphor
Pub date: 2021-09-20
Referring to Eve Tuck and K. Wayne Yang's article "Decolonization is Not a Metaphor", Safa and Noaman discuss the overuse and misuse of the term “decolonization” in the development sector and how Frantz Fanon and Amílcar Cabral can be role models for development workers.
Links we mention:
Intro to Political Economy Podcast with Noaman Ali
Decolonization is not a Metaphor by Eve Tuck and K. Wayne Yang
Support the show (https://www.patreon.com/rethinkingdevelopment)
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Podcast: Manchester Green New Deal podcast (LS 26 · TOP 10% what is this?)
Episode: "We can't rely on climate catastrophe to start the revolution" interview with Kai Heron
Pub date: 2021-09-20
This week on the show we are joined by Kai Heron (@KaiHeron). Kai is a lecturer in Politics at Manchester University, writing on political economy with a focus on land struggles and climate change. We discuss why Land use and public ownership of land is a key plank of a meaningful GND, How a GND could be jumping off point for our socialist utopias and if theological frameworks are necessary to build lasting social movements.
Links
GasLand : Documentary
https://www.youtube.com/watch?v=Xvz_m5uPV4s
Corbyn era Land policy document- Land for the Many
https://landforthemany.uk/
Brecht poem: A worker reads history
https://www.youtube.com/watch?v=5o_8aoyWMMA
Anthropology of Marxism by Cedric Robinson
https://www.plutobooks.com/9780745339818/an-anthropology-of-marxism/
Out of the Woods collective: Hope against hope Disaster Communism
https://www.commonnotions.org/hope-against-hope
Shout outs
Land in our names
https://www.instagram.com/landinournames/
Happy Birthday Producer Andrew!
@Glassyeti
Sean Benstead Labour GND legend.
@SigmaAuto420
If you like the show tell your comrades!
Find us on
Twitter:@MCRGND_POD
Insta: Manchestergndpod
FB:MCRGNDPOD
You can support the show and get some of that sweet, sweet exclusive content head to
www.patreon.com/mcrgndpod
Or if you'd prefer to give a one off donation we also have a PayPal
paypal.me/mcrngndpod
Support the show (https://www.patreon.com/gndmediauk)
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Podcast: Postcapitalism Podcast
Episode: David Matthews on capitalism, disability and how to reshape the welfare state
Pub date: 2021-08-31
In this episode, we’ll be talking about how capitalism shapes our conception of disability, its impact on our mental health, and how we can rethink the welfare state. My guest is David Matthews, a lecturer in sociology and social policy at Coleg Llandrillo, Wales, and the leader of its degree program in health and social care. We’ll discuss how capitalism co-opts progressive politics, the monotony of work, and why it’s okay to enjoy watching wrestling.
The podcast and artwork embedded on this page are from Postcapitalism Podcast, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: THIS IS REVOLUTION >podcast (LS 44 · TOP 1.5% what is this?)
Episode: THIS IS REVOLUTION＞podcast Ep. 179: The Problems w/ Post Marxists and the Rick James Paradox w/ Lillian Cicherchia and Greg Tate
Pub date: 2021-09-08
We'll be talking with Lillian Cicerchia about the limitations of post Marxism, and then we're going to be discussing the Black Music and the culture industry with Greg Tate
About Lillian Cicerchia: Lillian is a post-doc at the Institute of Philosophy at the Free University of Berlin. Her areas of specialization are political philosophy, feminist philosophy, and critical theory. Her research is about capitalism, structural injustice, and the intersection of the two, especially the ways in which capitalism influences experiences of social group oppression. Her work also asks how contexts of structural injustice frame the way that we think about our normative criteria for justice in terms of democratic rights and participation.
What's Left of Philosophy Podcast: https://www.youtube.com/channel/UCuwLXhuSvi3NRGbSmcRS3ig
About Greg Tate: Tate was born and raised in Dayton, Ohio. When he was 13 years old, his family moved to Washington, D.C.[1][2] He credits Amiri Baraka's Black Music and Rolling Stone, which he first read when he was 14, with stimulating his interest in collecting and writing about music.[3] As a teenager, Tate taught himself how to play guitar. He attended Howard University, where he studied journalism and film.
In 1982, Tate moved to New York City, where he developed friendships with other musicians, including James "Blood" Ulmer and Vernon Reid. In 1985 he co-founded the Black Rock Coalition with some of the African-American musicians he knew who shared a common interest in playing rock music.
Tate became a staff writer for The Village Voice in 1987, a position he held until 2005. His 1986 essay "Cult-Nats Meet Freaky Deke" for the Voice Literary Supplement is widely regarded as a milestone in black cultural criticism; in the essay, he juxtaposes the "somewhat stultified stereotype of the black intellectual as one who operates from a narrow-minded, essentialized notion of black culture" (cultural nationalists, or Cult-Nats) with the freaky "many vibrant colors and dynamics of African American life and art", trying to find a middle ground in order to break down "that bastion of white supremacist thinking, the Western art [and literary world" His work has also been published in The New York Times, The Washington Post, Artforum, Down Beat, Essence, JazzTimes, Rolling Stone, and VIBE. The Source described Tate as one of "the Godfathers of hip-hop journalism".
In 1999, Tate established Burnt Sugar, an improvisational ensemble that varies in size between 13 and 35 musicians. Tate described the band in 2004 as "a band I wanted to hear but could not find".
Tate has been a visiting professor of Africana studies at Brown University and the Louis Armstrong Visiting Professor at Columbia University's Center for Jazz Studies. In 2010, he was awarded a United States Artists fellowship.
Thank you, guys, again for taking the time to check this out. We appreciate each and every one of you. If you have the means, and you feel so inclined, BECOME A PATRON! We're creating patron only programing, you'll get bonus content from many of the episodes, and you get MERCH!
Become a patron now https://www.patreon.com/join/BitterLakePresents?
Please also like, subscribe, and follow us on these platforms as well, (specially YouTube!)
THANKS Y'ALL
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Facebook: https://www.facebook.com/Thisisrevolutionpodcast/
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The Dispatch on Zero Books (video essay series): https://youtu.be/nSTpCvIoRgw
Medium: https://jasonmyles.medium.com/kill-the-poor-f9d8c10bc33d
Pascal Robert's Black Agenda Report: https://www.blackagendareport.com/author/PascalRobert
Get THIS IS REVOLUTION Merch here: www.thisisrevolutionpodcast.com
Get the music from the show here: https://bitterlakeoakland.bandcamp.com/album/coronavirus-sessions
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Podcast: Paris Institute for Critical Thinking
Episode: PICT Voices #31: Wolfgang Streeck, The Economy of Buying Time
Pub date: 2021-09-06
Our thirty-first interview is with Wolfgang Streeck, economic sociologist (Brühl, Germany) by Kristof K.P. Vanhoutte (Basel, Switzerland) Monday, July 12, 2021
PICT Voices is an interview series conducted by PICT faculty with notable members of the broader PICT community. Our goal is to present our community with a variety of voices across the spectrum of the humanities and critical, creative thinking. To achieve this, we will interview a broad spectrum of thinkers ranging from scholars to journalists.
website: https://parisinstitute.org/
soundcloud: https://soundcloud.com/parisinstitute instagram: https://www.instagram.com/parisinstitute/ facebook: https://www.facebook.com/parisinstitute.org/ twitter: https://twitter.com/ParisCritical linkedin: https://www.linkedin.com/school/paris-institute-for-critical-thinking/
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Podcast: Latin Waves Media
Episode: Democratic Economic Planning by Dr Robin Hahnel
Pub date: 2021-09-06
Latin Waves host Sylvia Richardson speaks with Dr. Robyn Hahnel about his latest book Democratic Economic Planning. The hastening pace of global climate change’s human impact of the COVID 19 pandemic, the impact of political and economic hegemony of the capitalistic centre. These are enmeshed systems ” how can we create eco-socialism despite the racist regimes, of settler-colonialism, and structured social processes of exploitation?
Support Latin Waves by becoming a member for as little as $1 per month. www.latinwavesmedia.com
The podcast and artwork embedded on this page are from Sylvia and Stuart Richardson, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: James Robinson on the Origins of the Industrial Revolution
Pub date: 2021-09-02
James Robinson is an economist and political scientist. He is currently the Reverend Dr. Richard L. Pearson Professor of Global Conflict Studies and University Professor at the Harris School of Public Policy, University of Chicago. Robinson has conducted influential research in the field of political and economic development and the factors that are the root causes of conflict. His work explores the underlying relationship between poverty and the institutions of a society and how institutions emerge out of political conflicts.
Robinson has a particular interest in Latin America and Sub-Saharan Africa. He is widely recognized as the co-author of Why Nations Fail: The Origins of Power, Prosperity, and Poverty, with Daron Acemoglu, the Elizabeth and James Killian Professor of Economics at MIT. Translated into 32 languages since its publication in 2012, the book offers a unique historic exploration of why some countries have flourished economically while others have fallen into poverty. He has also written and coauthored numerous books and articles, including the acclaimed Economic Origins of Dictatorship and Democracy (also with Acemoglu).
Portrait of Henry VIII by Joos van Cleve
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Podcast: Futures of Work
Episode: Youth, Work and the Post-Fordist Self
Pub date: 2021-08-06
In this podcast, David Farrugia talks about his new book 'Youth, Work and the Post-Fordist Self'.
The podcast and artwork embedded on this page are from Futures of Work, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: KPFA - Letters and Politics (LS 46 · TOP 1% what is this?)
Episode: The Opium Wars, The Gold Rush and the Formation of Global Capitalism
Pub date: 2021-08-24
https://www.youtube.com/watch?v=wVZjQmeoXuw
Guest: Mae Ngai is Lung Family Professor of Asian American Studies and a professor of history at Columbia University. She is the author of the award-winning book Impossible Subjects, The Lucky Ones, and her latest, The Chinese Question: The Gold Rushes and Global Politics.
The podcast and artwork embedded on this page are from Letters and Politics, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The New Statesman Podcast (LS 59 · TOP 0.5% what is this?)
Episode: Pandemics and the politics of printing money: Economic history with Duncan Weldon
Pub date: 2021-08-24
Stephen Bush interviews economist, journalist, and author Duncan Weldon on his new book Two Hundred Years of Muddling Through. They talk through the lessons learned, and not learned from British political and economic history, whether the response to the pandemic will be a turning point in UK politics, and why writing a book is a bit like having a child.
If you have a question for You Ask Us, please email Podcasts@newstatesman.co.uk
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Podcast: Labour Studies Podcasts
Episode: NALSU Podcast Announcement | David Fryer: Can We Ever Stop Talking Left and Walking Right? Diagnosing the economic debate in the age of Radical Economic Transformation
Pub date: 2021-08-23
In this Labour Studies Podcast, David Fryer, Rhodes University, discusses "Can We Ever Stop Talking Left and Walking Right? Diagnosing the economic debate in the age of Radical Economic Transformation"
The podcast is provided by the Neil Aggett Labour Studies Unit (NALSU), Rhodes University, South Africa. Please follow the link for the podcast: https://anchor.fm/nalsu (You can also download the Anchor FM app for your phone at the Google Play Store).
THE PAPER: South Africa’s transition to democracy is a classic example of a conservative transition. Radical intentions to redistribute wealth and to alter the economic model were replaced by IMF and World Bank compliant policies. Not only this: pressures from below for a shift to a more radical dispensation have repeatedly been contained and defused. The piecemeal progressive reforms that characterise the post-apartheid period (including social grants, shifts in the funding of education, BEE) are by definition not radical: they have not changed but have often served to reinforce the core development model, which remains neo-liberal.
This paper argues that one of the main causes of this pattern stems from the poor quality of the economic debate. Describing and diagnosing the ills of neoliberalism is one thing. Imagining alternative economic strategies is another. Perhaps the most important lesson to learn from the transition to democracy is that even if politicians have the will and power to redress social and political ills, they will not implement policies they believe will fail. In a world where revolutionary rupture appears utopian, the Left is often much stronger on critique than policy. Where it does offer plausible policy advice it tends to be centrist and reformist more often that it is radical.” This paper argues that the left should embrace rather than be embarrassed by Keynesian/social democratic economics, and tries to show how such an economics would work.
THE SPEAKER: David Fryer a political economist at Rhodes University, where he teaches macroeconomics, microeconomics, and political economy and labour. He is part of the Neil Aggett Labour Studies Unit (NALSU), served on the steering committee of the Political Economic of Restructuring South Africa (PERSA) research programme. He is an editor of the Journal of Contemporary African Studies and has research linkages with the HSRC’s recently-formed BRICS Research Centre. His research interests include labour economics, global macroeconomics, development economics, and economic methodology.
This talk was originally given on 17th April 2018. The Labour Studies Podcasts are from our popular Labour Studies Seminar Series, launched in 2015.
We cover "labour studies" in the broadest sense: labour and left history, policy and political economy, unions and popular struggles. NALSU, based in the Eastern Cape, South Africa, is engaged in policy, research and workers' education. Built around a vibrant team from disciplines including Economics, History and Sociology, it has active partnerships and relations with a range of advocacy, labour and research organisations. It draws strength from its location in a province where the legacy of apartheid and the cheap labour system, and the contradictions of the post-apartheid state, are keenly felt. We are named in honour of Dr Neil Hudson Aggett, a union organiser and medical doctor who died in 1982 in an apartheid jail after enduring brutality and torture. https://www.ru.ac.za/nalsu/
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Podcast: The Antifada (LS 57 · TOP 0.5% what is this?)
Episode: Ep 155: Marx Against Marxism w/ Michael Heinrich
Pub date: 2021-08-18
Sean and Jamie are excited to be joined by Michael Heinrich, German scholar and author of a series of books popularizing and clarifying Marx's value theory and contextualizing the life and times of old Karl. We discuss the core of Marx's project, what distinguished him from the economists of his day, and what political orientations might follow from a precise understanding of his critique of political economy. Importantly, Michael has a powerful critique of vulgar Marxism and the orthodoxies of the 19th and 20th centuries. Nerds, you're not going to want to miss this one!
Stick around for an excellent bonus episode by becoming a patron at patreon.com/theantifada for this, access to our Discord server and more!
Works by Michael Heinrich:
"An Introduction to the Three Volumes of Marx's Capital" https://monthlyreview.org/product/an_introduction_to_the_three_volumes_of_karl_marxs_capital/
"Karl Marx and the Birth of Modern Society" https://nyupress.org/9781583677353/karl-marx-and-the-birth-of-modern-society/
"How to Read Marx's Capital" (Out soon) https://nyupress.org/9781583678947/how-to-read-marxs-capital/
"The Science of Value" (Out next year)
Intro: Kenny Dorham - Maxology
Outro: Atari Teenage Riot - Destroy 2000 Years of Culture
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Podcast: KPFA - Against the Grain (LS 47 · TOP 1% what is this?)
Episode: Time Under Capitalism
Pub date: 2021-08-17
What has capitalism done to and with time? How does it regulate and discipline workers from the standpoint of time? And what would a principled struggle to take back time -- to reappropriate it -- look like? Engaging with the ideas of Marx, E. P. Thompson, and others, Bryan D. Palmer reflects on work, life, and capitalist temporality; he also stresses the importance of abolishing the wage system.
Leo Panitch and Greg Albo, eds., Socialist Register 2021: Beyond Digital Capitalism [1] Monthly Review Press, 2020
Bryan Palmer, James P. Cannon and the Emergence of Trotskyism in the United States, 1928-38 [2] Brill, forthcoming (Image on main page by Gerd Altmann from Pixabay.)
[1] https://socialistregister.com/index.php/srv/issue/view/2331 [2] https://brill.com/view/title/55848?rskey=XQBrs0&result=1
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Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: Rick Rowden on the History and Future of the Washington Consensus
Pub date: 2021-08-05
Rick Rowden is Senior Economist at Global Financial Integrity and Lecturer in the School of International Service at American University. He completed his PhD on India-Africa economic relations in the Centre for Economic Studies and Planning at Jawaharlal Nehru University (JNU) in New Delhi. His academic areas of specialization are International Relations (IR), International Political Economy (IPE) and development economics, and he has expertise in the long-term national economic development strategies of developing countries and the emerging field of South-South economic relations. Currently he is an Adjunct Professorial Lecturer in the School of International Service (SIS) at American University and a senior economist at the Washington DC-based research NGO, Global Financial Integrity (GFI). Previously, he has worked for international development NGOs, the United Nations Conference on Trade and Development (UNCTAD) in Geneva, and has lectured in Global Studies at California State University, Monterey Bay (CSUMB) and in Political Science at Golden Gate University in San Francisco. He has served as a consultant to many international development NGOs and UN agencies, including the United Nations Development Program (UNDP) and the World Health Organization (WHO). He is the author of “India-Africa Economic Relations in the 21st Century: Emerging Connections in South-South Economics” (Routledge, forthcoming in 2021).
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Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: Massimo Rostagno et al., "Monetary Policy in Times of Crisis: A Tale of Two Decades of the European Central Bank" (Oxford UP, 2021)
Pub date: 2021-07-28
In July 2021, nine summers after its then president saved the euro with three choice words (“whatever it takes”), the European Central Bank published the results of a thoroughgoing review of its strategy.
A policy framework built for times when inflation posed a modest upside challenge had coped – but only just – with successive financial, sovereign-debt, banking and health crises that threatened chronically weak inflation at best and deflation at worst.
Essential to the review was research conducted to mark the 20th anniversary of the ECB in 2019 and now updated and published as a book: Monetary Policy in Times of Crisis: A Tale of Two Decades of the European Central Bank (Oxford UP, 2021) by Massimo Rostagno, Carlo Altavilla, Giacomo Carboni, Wolfgang Lemke, Roberto Motto, Arthur Saint Guilhem and Jonathan Yiangou.
This exhaustive analytical history concludes that the ECB operated two policy regimes – one from 1999 to 2012 and a second crisis-informed strategy until the narrative ends before the onset of the pandemic. With its strategic review over, the history lessons from this book will be an essential guide to ECB thinking as it prepares a slow and careful unwinding of its emergency policy settings.
Massimo Rostagno has been the ECB’s Director General Monetary Policy since August 2017 and has worked at the central bank since 1998. He has served as head of the Monetary Policy Strategy Division and Director Monetary Policy and, before that, worked at the Banca d’Italia and the International Monetary Fund. He holds a PhD in economics from the University of California, Los Angeles. (Any views expressed are personal and not necessarily those of the ECB).
The author's own book recommendations are Capital in the Twenty-First Century by Thomas Piketty (Harvard University Press, 2014) and The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era* by Barry Eichengreen (OUP USA, 2018).
Tim Gwynn Jones is an economic and political-risk analyst at Medley Global (Energy Aspects).
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Podcast: David Harvey's Anti-Capitalist Chronicles (LS 56 · TOP 0.5% what is this?)
Episode: The Monopolization of Everything
Pub date: 2021-07-29
In this episode of ACC, Prof. Harvey asserts that capital is becoming ever more centralized. The monopolization of power is inevitable in capitalism. However, according to Harvey, there are significant barriers to the continuity of capital accumulation. People are growing dissatisfied with the current economic conditions, a political system does not work for the benefit of the population, and are more and more at odds with the ruling ideas. We have a crisis of ideology, a crisis of economy, a crisis in the environment and a crisis of the future in terms of demographic possibilities.
The podcast and artwork embedded on this page are from Democracy at Work - David Harvey, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: Pritish Behuria on The Opportunism of Global Development Discourses
Pub date: 2021-07-29
Pritish Behuria is a Lecturer in Politics, Governance & Development at The University of Manchester. Pritish Behuria’s research operates at the intersection of development studies, comparative politics and international political economy. He is a political economist, trained in classical and heterodox political economy. He takes an interdisciplinary approach to studying the challenges associated with late development under 21st Century Globalisation. He completed his PhD in Development Studies at SOAS, University of London (2015).
Photo by Tim Shepherd on Unsplash
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Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: Malte Dold and Tim Krieger, "Ordoliberalism and European Economic Policy: Between Realpolitik and Economic Utopia" (Taylor & Francis, 2021)
Pub date: 2021-07-21
Once described as a “German oddity”†, Ordoliberalism was one of a number of new liberalisms that emerged from the political maelstrom of the interwar period. But, unlike the other neoliberal splinters, Ordoliberalism – founded at the University of Freiburg by economist Walter Eucken and jurist Franz Böhm – was quickly tested in the real world.
The West Germany rebuilt out of the ashes of war was founded on its principles: rules-based economics, independent agencies protected from politics and the state as arbiter. The country's recovery and successful reunification were a testament to Ordoliberalism’s effectiveness but, as the European Community became a union and created the euro, its other members were keener to import the success than the rules. When crisis struck from 2008, the EU's architecture was severely stress-tested and remains under strain in the wake of the coronavirus pandemic.
Is the long EU political crisis due to Ordoliberalism or due to its non-implementation? Can and should Ordoliberalism adapt and survive? These are some of the questions addressed in Ordoliberalism and European Economic Policy: Between Realpolitik and Economic Utopia (Routledge paperback, 2021) co-edited by Malte Dold and Tim Krieger. Malte Dold is a Freiburg university graduate who now an assistant professor of economics at Pomona College in California, and Tim Krieger is Freiburg's Wilfried Guth professor of constitutional political economy.
As their book recommendations, Tim Krieger chose Conservative Liberalism, Ordo-liberalism, and the State: Disciplining Democracy and the Market by Kenneth Dyson (OUP Oxford, 2021) and Exit Left: Markets and Mobility in Republican Thought by Robert S. Taylor (OUP Oxford, 2017); and Malte Dold chose The Narrow Corridor: How Nations Struggle for Liberty by Daron Acemoglu and James A. Robinson (Penguin, 2020) and The Idea of Justice* by Amartya Sen (Penguin, 2010).
Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors (Energy Aspects).
†Ordoliberalism: A German oddity? ed. Thorsten Beck and Hans-Helmut Kotz (CEPR Press 2017).
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Podcast: Politics Theory Other (LS 50 · TOP 0.5% what is this?)
Episode: After neoliberalism w/ James Meadway
Pub date: 2021-07-25
James Meadway joins PTO to talk about his forthcoming article for Open Democracy on the end of neoliberalism. We talked about why James believes that we're witnessing a transition away from neoliberalism and towards what some are calling authoritarian capitalism, why the left needs to focus more on the high point of globalisation of the early 2000s when thinking about neoliberal forms of governance rather than the late 1970s and 1980s, and we also talked about how the platform tech giants may have been nurtured within the neoliberal system but that their revenue models point to a quite different regime of capital accumulation.
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Podcast: Hagley History Hangout
Episode: Patents Over Planning: Industrial Capital & Postwar Innovation Policy with Dan Traficonte
Pub date: 2021-07-26
Hagley Center program officer Gregory Hargreaves interviews Dan Traficonte about his research into federal programs for technology development and their relationship with private industrial interests. In support of his project, Traficonte, a PhD candidate in urban studies & planning at the Massachusetts Institute of Technology, received an exploratory research grant from the Center for the History of Business, Technology, & Society.
During the twentieth century, the United States federal government emerged as a global leader in the research and development of advanced technologies. Should the public retain patent rights to the innovations made with public money? Debate over this question roiled the business and industrial community, as 1930s-era kneejerk antipathy to state involvement gave way to eager cooperation with the state in the postwar period, before lapsing once more into antipathy from the 1980s. Meanwhile, private contractors have made fortunes by assuming proprietorship of technologies developed by NASA, DARPA, and other federal innovation agencies.
For more Hagley History Hangouts, and to learn more about the Center for the History of Business, Technology, & Society, visit us online at hagley.org.
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Podcast: Labour Studies Podcasts
Episode: NALSU Labour Studies Podcast: Dr Luke Sinwell & Mr Siphiwe Mbatha: The Spirit of Marikana: The rise of insurgent unionism in South Africa
Pub date: 2021-07-15
In this Labour Studies Podcast, Luke Sinwell, University of Johannesburg & Siphiwe Mbatha, Thembilihle Crisis Committee, discuss the working-class rebellion and power that shook the mines and withstood the Marikana massacre, with reference to their classic book, “The Spirit of Marikana: The Rise of Insurgent Unionism in South Africa.”
TALK: On August 16, 2012, thirty-four black South African and immigrant mineworkers were shot by police working under the auspices of the African National Congress (ANC)-led government in what has become known as the Marikana massacre. An attempt to stop the rise of independent working-class power, the massacre was a major turning point in the history of South Africa and its politics.
"The Spirit of Marikana" is the story of the struggle that shook the mines and the nation. It tells the story of the worker activists and leaders at the world's three largest platinum mining companies, who survived ongoing state-sponsored campaigns of violence, intimidation, torture, and murder to push forward a worker's rights agenda and begin the hard work of transforming their workplaces and their nation. A close-up ethnographic account, the book brings the seemingly ordinary people behind the movement to life through vivid interviews and oral histories, and examines what changed and what didn’t. From initial meetings to workers' committees to the mass strikes of 2012 and 2014, this is their story.
SPEAKERS:
Luke Sinwell, a Senior Researcher at the University of Johannesburg, spends a significant amount of time writing about grassroots militants, but believes that he is at his best while standing by their side in a common struggle for social and economic justice. He is co-author of "Marikana: A View from the Mountain and a Case to Answer," co-editor of "Contesting Transformation: Popular Resistance in Twenty-First-Century South Africa" and the author of numerous articles on participatory democracy and contentious politics in South Africa.
Siphiwe Mbatha is a coordinator of the Thembelihle Crisis Committee (TCC), a socialist civic organisation in South Africa which fights for basic services for all. He first visited Marikana the day after the massacre to provide solidarity to the striking mineworkers. He is also a part-time researcher at the University of Johannesburg and Wits University and co-author of "The Spirit of Marikana: The Rise of Insurgent Trade Unionism in South Africa" (Wits University Press/ Pluto Press, 2016).
This talk was originally given on 23rd August 2017. The Labour Studies Podcasts are from our popular Labour Studies Seminar Series, launched in 2015.
We cover "labour studies" in the broadest sense: labour and left history, policy and political economy, unions and popular struggles. We cover "labour studies" in the broadest sense: labour and left history, policy and political economy, unions and popular struggles. NALSU, based in the Eastern Cape, South Africa, is engaged in policy, research and workers' education. Built around a vibrant team from disciplines including Economics, History and Sociology, it has active partnerships and relations with a range of advocacy, labour and research organisations. It draws strength from its location in a province where the legacy of apartheid and the cheap labour system, and the contradictions of the post-apartheid state, are keenly felt. We are named in honour of Dr Neil Hudson Aggett, a union organiser and medical doctor who died in 1982 in an apartheid jail after enduring brutality and torture. https://www.ru.ac.za/nalsu/
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Podcast: Hidden Forces (LS 61 · TOP 0.5% what is this?)
Episode: The Asian Financial Crisis & the Birth of the Age of Debt | Russell Napier
Pub date: 2021-07-19
In Episode 199 of Hidden Forces, Demetri Kofinas speaks with investor and financial historian Russell Napier. Napier’s latest book, “The Asian Financial Crisis: 1995-1998,” covers a period of time that many investors are either not familiar with or haven’t studied anywhere near as closely as they should given its relevance to the investment regime in which we are living today.
Today’s investment regime—what Russell Napier called “The Age of Debt”—is characterized by excessive private and public debt levels, financial repression, market concentration, and all of the unintended consequences that arise from the perverse incentives that these dynamics create. We spend the first hour of our conversation discussing the crisis itself, its drivers, as well as the practices and policies that made it possible. The second hour is spent on the resolution of the crisis and applying the lessons learned from that period to today, with implications for the future path of interest rates, inflation, growth, political stability, and most practically, opportunities for investing in the new market regime that we are moving into.
Since this episode deals with markets and investing, we want to make absolutely clear that nothing we say on this podcast can or should be viewed as financial advice. All opinions expressed by Demetri Kofinas and Russell Napier are solely their own opinions and should not be relied upon as the basis for financial decisions.
You can access the episode overtime, as well as the transcript and rundown to this week’s episode through the Hidden Forces Patreon Page. All subscribers gain access to our overtime feed, which can be easily added to your favorite podcast application.
If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following:
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Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
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Follow Demetri on Twitter at @Kofinas
Episode Recorded on 07/09/2021
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Podcast: Conversations
Episode: Pritish Behuria
Pub date: 2021-07-15
My guest this week is Dr. Pritish Behuria, a lecturer at the Global Development Institute at the University of Manchester. We discussed the politics of economic development, industrialisation, and the challenges of late development.
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Podcast: EQUALS (LS 38 · TOP 2.5% what is this?)
Episode: WHEN NEOLIBERALISM TOOK ON AFRICA’S ECONOMIC IMAGINATION – With Zambian economist Grieve Chelwa
Pub date: 2021-07-09
Former Zambian President Kenneth Kaunda (“KK”) – who led his country in the wake of independence from colonial rule – recently died. A pan-African giant, he pursued efforts to boldly pursue equality at home and fight for liberation across the African continent.
Max Lawson and Nabil Ahmed have an amazing chat with Dr. Grieve Chelwa on what President Kaunda really set out to do with the state taking a far more active role. What can we learn from “Kaundanomics” for today? And what was the impact of the defining “structural adjustment” period on Africa’s economics?
This is the first of a two-part special diving deep into African economics. This episode takes us back. The next episode looks forward.
Dr. Grieve Chelwa – who is the Inaugural Postdoctoral Fellow at The Institute on Race and Political Economy at The New School where he leads the Institute's work on Inclusive Economic Rights. He was formerly Senior Lecturer (Assistant Professor) in Economics at the University of Cape Town's Graduate School of Business and before that was the Inaugural Postdoctoral Fellow at the Center for African Studies at Harvard University. Before taking up a career in academia, Dr. Chelwa was a banker with Citi and completed postings in Congo (DR), Kenya, Nigeria and South Africa.
If you’re joining us on EQUALS for the first time, tune in to our earlier interviews – from talking with the award-winning journalist Gary Younge on what we can learn from Martin Luther King Jr to fight inequality, to best-selling author Anand Giridharadas on whether we need billionaires, Zambian music artist PilAto on the power of music, thinker Ece Temelkuran on beating fascism, climate activist Hindou Ibrahim on nature, and the Managing Director of the International Monetary Fund Kristalina Georgieva on what comes after the pandemic.
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Podcast: Cosmopod (LS 41 · TOP 1.5% what is this?)
Episode: How Capitalism Produces Pandemics with Rob Wallace
Pub date: 2021-07-12
Djamil and Rudy join Rob Wallace, author of Big Farms Make Big Flu: Dispatches on Influenza, Agribusiness, and the Nature of Science, and Dead Epidemiologists: On the Origins of COVID-19, for a discussion on how capitalism produces mass pandemics through the destruction and creation of new ecologies. We discuss how humans 'fit' in nature, and how capitalism destroys natural barriers that prevent pandemics and creates harmful new ecologies. We also talk about what types of regulatory mechanisms are needed to prevent the mass spread of diseases. We finish off by discussing how the left should relate to topics such as the hypothesis of laboratory origins for Covid, vaccine skepticism and organizations like the CDC and the WHO.
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Podcast: Politics Theory Other (LS 50 · TOP 0.5% what is this?)
Episode: Late capitalism at 20,000 ft. w/ Margret Grebowicz
Pub date: 2021-07-02
Margret Grebowicz joins PTO to talk about her new book, 'Mountains and Desire: Climbing vs. The End of the World'. We talked about how the notion of the boho climbing rat, who forgoes a normal life and conventional ideas of success has given way to the idea of the modern climber as emblematic of entrepreneurial achievement and heteronormativity. We also talked about Free Solo, the 2018 documentary on Alex Honnold's attempt to free climb the vertical rock face of El Capitan in Yosemite National Park, and how the documentary illuminates the themes of Margret's book.
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Podcast: This Is Hell! (LS 57 · TOP 0.5% what is this?)
Episode: 1358: Planning a democratic economy / Robin Hahnel
Pub date: 2021-07-01
Economist Robin Hahnel on his book "Democratic Economic Planning" from Routledge, and in a Moment of Truth, Jeff Dorchen tries to pull magic out of a hat.
https://www.routledge.com/Democratic-Economic-Planning/Hahnel/p/book/9781032003320
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Podcast: The Brookings Cafeteria (LS 53 · TOP 0.5% what is this?)
Episode: Dirty money in offshore banks
Pub date: 2021-07-02
Billions of dollars and other currencies are in tax havens outside the owner’s country of origin, allowing individuals and corporations to evade taxation by their home governments. Since many of these offshore accounts are secret, it’s difficult to trace what’s legal and what is not. In new research, Brookings expert Matthew Collin, a David M. Rubenstein Fellow in Global Economy and Development, examines a leaked dataset from a bank in the Isle of Man to find some interesting discoveries about who owns these accounts. In this conversation, Collin discusses his findings and some policy ideas to address the problem of dirty money. Also on this episode, Governance Studies Senior Fellow Sarah Binder talks about what’s happening in Congress, with a look at five things you need to know about the road ahead for President Biden’s infrastructure plans in Congress. Show notes and transcript: Follow Brookings podcasts on Apple or Google podcasts, or on Spotify. Send feedback email to , and follow us and tweet us at on Twitter. The Brookings Cafeteria is part of the .
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Podcast: Cosmopod (LS 41 · TOP 1.5% what is this?)
Episode: Invisible Empire: The Global Power of Finance with Tony Norfield
Pub date: 2021-06-28
Rudy joins Tony Norfield, author of The City: London and the Global Power of Finance (Verso Books) for a broad theoretical practical discussion on the topic of finance. We discuss Hilferding and Lenin's theories of finance and imperialism, and where they are lacking, how finance is used to enforce global domination today, the exorbitant privilege of the dollar, the discussions around the rate of profit, the role of China and the Belt & Road Initiative, cryptocurrencies and Norfield's outlook for the future.
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Podcast: Planet: Critical (LS 33 · TOP 5% what is this?)
Episode: What money really means
Pub date: 2021-06-22
Listen now | Financial hacker, Brett Scott, reveals how our financial systems are turning the world into a dystopia
Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: Arun Kumar on Philanthrocapitalism
Pub date: 2021-06-26
Arun Kumar is a Lecturer in International Management at the University of York.
Previously trained in architecture and development management, he worked for a number of years as an independent researcher and consultant/advisor with leading aid agencies, NGOs, independent research centres, policy think-tanks, and human rights activists in South Asia. Tired of travelling and writing reports, he returned to academia in 2012. After completing his PhD at the Department of Organisation, Work and Technology at Lancaster University and working, briefly, in France, he joined the University of York in 2016 as a Lecturer. He is also involved with the Interdisciplinary Global Development Centre at York.
Photo by Peggy Anke on Unsplash
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Podcast: Macro Musings with David Beckworth (LS 52 · TOP 0.5% what is this?)
Episode: Steffen Murau on the Eurozone, International Monetary Architecture, and the Future of the Dollar Zone
Pub date: 2021-06-21
Steffen Murau is a political economist at the Global Development Policy Center at Boston University and specializes in international money and finance. He joins Macro Musings to talk about the Eurozone, its role within international monetary architecture, and the future of the dollar zone. They also discuss balance sheet hierarchies, the roles of European banks compared to their American counterparts, and the fiscal ecosystem present within the Eurozone.
Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings
Steffen’s Twitter: @steffenmurau
Steffen’s website: https://steffenmurau.com/
Steffen’s GDPC profile: https://www.bu.edu/gdp/profile/steffen-murau/
Related Links:
A Macro-Financial Model of the Eurozone Architecture Embedded in the Global Offshore US-Dollar System by Steffen Murau
https://www.bu.edu/gdp/files/2020/07/Murau-Eurozone-architecture.pdf
The Hierarchy of the Offshore US-Dollar System: On Swap Lines, the FIMA Repo Facility and Special Drawing Rights by Steffen Murau, Fabian Paper, and Tobias Pforr
https://www.bu.edu/gdp/files/2021/02/Steffen-Murau-GEGI-Study-2-Feb-2021.pdf
The Evolution of the Offshore US-Dollar System: Past, Present, and Four Possible Futures by Steffen Murau, Joe Rini, and Armin Haas
https://www.cambridge.org/core/journals/journal-of-institutional-economics/article/evolution-of-the-offshore-usdollar-system-past-present-and-four-possible-futures/B36ED9082CECE54F3F5B8E8F40D15148
David’s blog: macromarketmusings.blogspot.com
David’s Twitter: @DavidBeckworth
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Podcast: Radicals in Conversation (LS 34 · TOP 5% what is this?)
Episode: Lost in Work: Escaping Capitalism
Pub date: 2021-06-23
'Work hard, get paid.' It's simple. Self-evident. But it's also a lie - at least for most of us. For people today, the old assumptions are crumbling; hard work in school no longer guarantees a secure, well-paying job in the future. Far from a gateway to riches and fulfillment, 'work' means precarity, anxiety and alienation.
Discussing everything from the history of work under capitalism, to social reproduction and the trade union movement, our panel are:
Amelia Horgan, author of Lost in Work: Escaping Capitalism; Sarah Jaffe, a reporting fellow at Type Media Center and the author of Work Won't Love You Back; and Orlando Lazar, a political theorist and college lecturer at the University of Oxford, whose research focuses on power and domination at work.
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Podcast: The Economic History Podcast (LS 38 · TOP 2.5% what is this?)
Episode: The Corporation through Time: Theory, Mergers and the issues of Bigness
Pub date: 2021-06-16
This week, we hear from Prof. Naomi Lamoreaux on her work on the evolution of the corporation through time. We start with trying to define what a firm is, cover the motivations behind and the consequences of mergers. We look to a past example of a giant corporation and put it in the context of the present. Is "bigness" of some firms a problem and if so, how might we attempt to deal with it?
The podcast and artwork embedded on this page are from Seán Kenny, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: PERC Podcasts
Episode: PERC Podcast with Jessica Whyte - The Morals of the Market
Pub date: 2021-06-10
PERC director Will Davies is joined by Jessica Whyte to discuss her book 'The Morals of the Market: Human Rights and the Rise of Neoliberalism'.
The podcast and artwork embedded on this page are from PERC Goldsmiths, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Rory Hearne's Reboot Republic Podcast by Tortoise Shack Media (LS 32 · TOP 5% what is this?)
Episode: 123. The End of Neoliberalism or the Normalisation of Housing Insecurity?
Pub date: 2021-06-14
This Reboot Republic talks to Dr Mick Byrne, housing expert from UCD. We talk about the implications of the macro-economic shift at a global level; are we seeing a major global policy and ideological move to states reinvesting and borrowing to build housing? What does the ESRI report mean for the Irish Government? We also talk about the reality of renting in Ireland and what protections are needed for renters. The recent measures are analysed. Mick outlines two possibilities - the housing crisis become normalised or we will see a value shift and policy change driven by Generation Rent. We are at a turning point. Support this podcast at patreon.com/tortoiseshack
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Podcast: SAGE Sociology (LS 36 · TOP 3% what is this?)
Episode: Sociological Theory - The Dual Dependency of Natural-Resource-Rich Labor Markets in Contemporary Society
Pub date: 2021-06-11
Author Tom Mueller discusses his article, "The Dual Dependency of Natural-Resource-Rich Labor Markets in Contemporary Society," published in the June 2021 issue of Sociological Theory.
The podcast and artwork embedded on this page are from SAGE Publications Ltd., which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Climate Pod (LS 47 · TOP 1% what is this?)
Episode: Why Post Growth Economics Is Key to Sustainable Progress (w/ Tim Jackson)
Pub date: 2021-06-09
This week, Tim Jackson joins the podcast to discuss his new book, Post Growth: Life after Capitalism. He discusses how we reshape our economy to be in better balance with our natural world, prioritize our well-being, and truly value the aspects of our society that create real prosperity - and how we got so far off-track. Tim Jackson is the Director of the Centre for the Understanding of Sustainable Prosperity and Professor of Sustainable Development at the University of Surrey in the UK. His previous book, Prosperity without Growth, was a Financial Times book of the year and UnHerd’s book of the decade!
Subscribe to our Substack newsletter "The Climate Weekly": https://theclimateweekly.substack.com/
As always, follow us @climatepod on Twitter and email us at theclimatepod@gmail.com. Our music is "Gotta Get Up" by The Passion Hifi, check out his music at thepassionhifi.com. Rate, review and subscribe to this podcast on iTunes, Spotify, Stitcher, and more! Subscribe to our new YouTube channel! Join our Facebook group. Check out our updated website!
Learn more about the Centre for the Understanding of Sustainable Prosperity
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Podcast: Filling the Sink (LS 30 · TOP 10% what is this?)
Episode: Taxis vs Uber – Barcelona, hotspot of the conflict in Europe
Pub date: 2021-06-04
The ride-hailing app Uber is back in Barcelona after a two-year absence. It's had to change its business model to comply with Catalan regulations, but many taxi drivers are still not happy and have taken to the streets in protest.
Amid blaring car horns, Alan Ruiz Terol talks to demonstrators calling for a public app to compete with the likes of Uber and catches up with a former Cabify driver with mixed feelings. Yuri Fernández, Uber's spokesperson in Spain, argues that his company and taxi drivers should work together.
Pieter Van Cleynenbreugel, a law professor at the University of Liège in Belgium, tells Cristina Tomàs White the impact the conflict in Barcelona is having at a European level.
Presented by Lorcan Doherty.
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Podcast: David Harvey's Anti-Capitalist Chronicles (LS 56 · TOP 0.5% what is this?)
Episode: The Politics of Austerity of the 70s and 80s
Pub date: 2021-06-03
In this episode of ACC, Prof. Harvey talks about the birth of the neoliberalism following the crisis of the 1970s. The vast government spending of the 1960s was replaced with fierce austerity measures imposed on the population, in an effort to bail out corporations and enable the wealthy elites to regain power and control. The neoliberal era was ushered in by political leaders like Reagan and Thatcher, who saw labor and high wages as a real threat to the capitalist class.
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Podcast: Poliko
Episode: Public Banks: Decarbonisation, Definancialisation and Democratisation by Thomas Marois (Book Preview)
Pub date: 2021-06-02
Today I am joined with Thomas Marois from the School of Oriental and African Studies to discuss the backdrop to his latest book "Public Banks. Decarbonisation, Definancialisation and Democratisation" which is coming out with Cambridge University Press in May 2021. Critical social scientists have abundantly analyzed the ideas, institutions and power relations sustaining financialization - as well as the social and environmental dislocations it produces. Concrete, normative propositions about institutions that could offer alternatives are much rarer: Tom’s new book synthesizes his long empirical research on the institutional structures and politics of public banks in both the Global South and North, but also his normative stance on how public financial institutions could re-embed finance in society and leverage financial capital for politically just, socially productive and environmentally sound uses.
Check out Tom's book here:
http://cambridge.org/9781108839150
You may use the following discount code if you want to purchase it: MAROIS21
**You can follow Thomas online here:
Twitter** @Thomas_Marois
https://chicons.academia.edu/ThomasMarois
https://www.researchgate.net/profile/Thomas-Marois
https://www.soas.ac.uk/staff/staff52287.php
https://www.ucl.ac.uk/bartlett/public-purpose/people/thomas-marois
Check out Tom's recent research:
Marois, T. (2021) A Dynamic Theory of Public Banks (and Why it Matters). Review of Political Economy. Published online.
McDonald, D.A. and Marois, T. and Spronk, S. (2021) 'Public Banks + Public Water = SDG 6?'. Water Alternatives, (14) 1, pp 117-134.
Marois, T. and Güngen, A.R. (2016) ‘Credibility and Class in the Evolution of Turkey’s Public Banks’, Journal of Peasant Studies, 43(6): 1285-1309. https://doi.org/10.1080/03066150.2016.1176023
Progressive Initiatives on Public Banks:
https://publicbankscovid19.org/
https://www.publicbankinginstitute.org/
https://www.eurodad.org/
https://www.tni.org/en/publicfinance
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Podcast: The IILAH Podcast
Episode: Christine Schwöbel-Patel and Hannah Franzki: The Political Economy of International Law(Seminar)
Pub date: 2021-06-04
The Amsterdam Center for International Law and IILAH present Unpacking Transitional Justice: International Law, Memory, and Power, convened by Dr Eliana Cusato (ACIL) and Valeria Vázquez Guevara (MLS). The aim of the Series is to bring together scholars from around the world employing interdisciplinary and critical approaches to the study of transitional justice and international law, broadly understood.
This episode is the third seminar of a four-part series on Unpacking Transitional Justice. Our speakers include Associate Professor Christine Schwöbel-Patel (Warwick) and Dr Hannah Franzki (Bremen). This episode discusses 'Justice: The political economy of international law'.
Dr Christine Schwöbel-Patel is an Associate Professor at the University of Warwick School of Law. Her research spans areas of international law, global constitutionalism, governance, and critical pedagogy.
Dr Hannah Franzki is a Research Fellow in the Transnational Force of Law Project since 2015. Her research interests include legal theory and philosophy, international political economy with a particular focus on transnational investment law and international criminal law.
The podcast and artwork embedded on this page are from Institute of International Law and the Humanities, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Economics & Beyond with Rob Johnson (LS 40 · TOP 2% what is this?)
Episode: Destin Jenkins: The Bonds of Inequality
Pub date: 2021-05-24
Destin Jenkins, Assistant Professor of History at the University of Chicago, discusses his book on municipal debt and its role in fostering racial capitalism in American cities.
The podcast and artwork embedded on this page are from Institute for New Economic Thinking (INET), which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Political Economy Forum (LS 32 · TOP 5% what is this?)
Episode: #41 - Anger, Populism, and Modern Economics - w/ Mark Blyth
Pub date: 2021-05-24
In this episode, Dr. Mark Blyth of Brown University discusses his most recent book, Angrynomics, with Forum Affiliate Morgan Wack. In just under an hour, Mark details everything from the history of capitalism and the causes of economic collapse to the rise of contemporary populism and the European Super League. By differentiating between public and private forms of anger, Mark provides a new framework for understanding the impact of discrepancies between lived experiences and economic talking points.
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Podcast: The Scientistt Podcast
Episode: The Rights and Wrongs of Economics
Pub date: 2021-05-24
In January 2020, today's guest was named a member of the Pontifical Academy of Social Sciences by Pope Francis. That's right, Dani Rodrik is a seriously respected and world-renowned Turkish economist and Professor of International Political Economy at Harvard University. Publishing widely in the areas of international economics, economic development, and political economy, we delve deeper in to some of those topics today & give you a simple breakdown of Dani's work! In this episode we discuss the limitations of economics as a science, the balance economists need to strike when helping to inform policy, whether we're entering a new era of economics & more.
Enjoy!
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Podcast: New Books Network (LS 44 · TOP 1% what is this?)
Episode: Justene Hill Edwards, "Unfree Markets: The Slaves' Economy and the Rise of Capitalism in South Carolina" (Columbia UP, 2021)
Pub date: 2021-05-19
Justene Hill Edwards is the author of Unfree Markets: The Slaves’ Economy and the Rise of Capitalism in South Carolina(Columbia University Press, 2021). Unfree Markets focuses in on an area of slavery’s history that has seldom been explore: the economic lives of enslaved people, and its meaning for them, enslavers, non-enslavers, and the institution of slavery itself. Hill Edwards explores how the complicated history of the slaves’ economy from the colonial period to the Civil War, showing the relationship between it and the development of capitalism in the nation. Through a history of enterprise, cultivation, markets, and people, Hill Edwards shows just how much the tenuous the connection between economic activity and freedom for the enslaved became throughout this time period, and what that meant for everyone involved.
Justene Hill Edwards is an assistant professor of history at the University of Virginia.
Derek Litvak is a PhD candidate at the University of Maryland—College Park.
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Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Forty Four
Pub date: 2021-05-15
Jennifer, Scott, and Carlos are joined by Manuela Mosca, Professor of History of Economic Thought at the University of Salento in Italy. The conversation is focused on Professor Mosca's work on the role that concepts of power have played in economics, especially her book, Monopoly Power and Competition: The Italian Marginalist Perspective, which won the 2019 Jospeh J. Spengler Book Prize, awarded by the History of Economics Society.
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
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Podcast: The Connected Sociologies Podcast
Episode: Political Economy and the Environment - Dr Keston Perry
Pub date: 2021-05-17
Debates in political economy have shifted from resource extraction as a means of accumulation under capitalism to consider how workers, indigenous peoples, Black and other marginalized communities are dispossessed through climate devastation and breakdown. Yet political economy has almost remained silent about the ways in which commodification in faraway places in the Global South, in particular the Caribbean that constituted plantation economies. These spaces comprised the most important resources for colonial powers (e.g. sugar, oil, coffee, and cotton, copper among others) to accumulate capital. Natural spaces served as extractive landscapes for accumulation by metropolitan centers of power are today responsible for more than 70 per cent of greenhouse gas emissions and became precursors for environment destruction, overexploitation, and resource overuse. These problems all contribute today to the uneven effects of climate breakdown and source of various climate injustices.
Reading * Bullard, R. D. (1993) ‘The Threat of Environmental Racism’, Natural Resources & Environment, 7(3), pp. 23–56. * Perry, K. K. (2020) ‘For politics, people, or the planet? The political economy of fossil fuel reform, energy dependence and climate policy in Haiti’, Energy Research & Social Science, 63, p. 101397. * Rojas-Páez, G. (2017) ‘Understanding Environmental Harm and Justice Claims in the Global South: Crimes of the Powerful and Peoples’ Resistance’, in Rodríguez Goyes, D. et al. (eds) Environmental Crime in Latin America: The Theft of Nature and the Poisoning of the Land. London: Palgrave Macmillan UK (Palgrave Studies in Green Criminology), pp. 57–83. * Sealey-Huggins, L. (2017) ‘“1.5°C to stay alive”: climate change, imperialism and justice for the Caribbean’, Third World Quarterly, 38(11), pp. 2444–2463.
Resources Wynter, S. (1994) ‘1492: A New World View” in eds. Vera Lawrence Hyatt and Rex Nettleford, Race, Discourse and the Origin of the Americas: A New World New. Pp. 5-57.
Questions for Discussion 1. What is the history of political economy and the environment from a Global South perspective? 2. How does political economy take account of resource extraction, accumulation and effects of colonialism on the environment? 3. In what ways have changes in environment reflect relations of power between global north and south? 4. What is the relationship between the plantation economy and the environment? What are some blindspots in the political economy with respect to environment and the global south? 5. To what extent are histories of dispossession, appropriation, colonization and enslavement present within new regimes of finance and accumulation regarding responses to climate change? Give examples
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Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: John Kenneth Galbraith, "The Great Crash 1929" (Penguin Classics, 2021)
Pub date: 2021-05-11
"A good knowledge of what happened in 1929 remains our best safeguard against the recurrence of the more unhappy events of those days", wrote John Kenneth Galbraith in The Great Crash 1929– first published in 1954 and re-published in May 2021 as a Penguin Modern Classic.
Written over one summer in the Baker Library at Dartmouth College, the book became an instant best-seller and sales have spiked at every financial crisis since.
In The Great Crash 1929, Galbraith, who died in 2006, wrote a pacey and witty classic of clearly written economics for the general reader packed with lessons for today. Some of these are picked out by his son, James Kenneth Galbraith, in his introduction written in the wake of the financial crash in 2008-09.
Like his father, James Galbraith is an economist and public intellectual. He holds the Lloyd Bentsen Chair in Government/Business Relations at the LBJ School of Public Affairs and is professor in government at The University of Texas at Austin.
The author's own book recommendations are How China Escaped Shock Therapy: The Market Reform Debate by Isabella M. Weber (Routledge, 2021) and The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes* by Zachary Carter (Random House, 2020)
Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors.
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Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 44 · TOP 1.5% what is this?)
Episode: #99 Rohan Grey: On The Deficit Myth - Don’t Think Of A Household
Pub date: 2021-05-05
Lawyer and Modern Money Network President Rohan Grey answers questions posed by readers of Stephanie Kelton’s The Deficit Myth at a book club event hosted by Ramona Massachi of Real Progressives.
Please help sustain this podcast!
Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
Support Real Progressives: https://www.patreon.com/realprogressives
For an intro to MMT:
Listen to our first three episodes: https://www.patreon.com/posts/41742417
All our episodes in chronological order: https://www.patreon.com/posts/43111643
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Our episodes explaining government bond issuance:
Part 1: https://www.patreon.com/posts/29621245
Part 2: https://www.patreon.com/posts/29829500
Rohan Grey’s website: https://rohangrey.net/
Administering Money: Coinage, Debt Crises, And The Future Of Fiscal Policy by Rohan Grey: https://rohangrey.net/files/coinage.pdf
Monetary Resilience by Rohan Grey: https://digitalcommons.law.wne.edu/lawreview/vol41/iss3/4/
The Modern Money Network: https://www.modernmoneynetwork.org/
Listen to Macro N Cheese podcast: https://realprogressives.org/macro-n-cheese-podcast/#fwdmspPlayer0?catid=0&trackid=0
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A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
Transcript for opening monologue: https://www.patreon.com/posts/50680005
We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
Show notes: https://www.patreon.com/posts/50672786
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Podcast: Labour Studies Podcasts
Episode: NALSU Labour Studies Podcast (also available as a YouTube Video), Pat Horn speaks on "Organised Workers in the Informal Economy"
Pub date: 2021-05-11
In this Labour Studies Podcast (also available as a YouTube Video), Pat Horn speaks on "Organised Workers in the Informal Economy" The podcast and video are provided by the Neil Aggett Labour Studies Unit (NALSU), Rhodes University, South Africa.
(You can also download the Anchor FM app for your phone at the Google Play Store).
Please follow the link to the Neil Aggett Labour Studies Unit (NALSU) YouTube Channel for the video:
https://www.youtube.com/channel/UCNhxCDqcwK1W7f-vro947FQ
This recorded webinar, available as both podcast and video, is from our series on "COVID-19 and the Working-Class Movement in South Africa." Veteran labour activist and feminist Pat Horn will speak about how organised workers in the informal economy successfully fought for the ILO's 2014 rights-based Recommendation 204: the need for transitions from the informal to the formal economy. Since then, the battle has been to get states to actually implement Recommendation 204. While some sections have been fast-tracked during the COVID-19 pandemic, new forms of work such as platform work have grown during the pandemic. This has provided organising opportunities, giving rise to new formations, such as a new São Paulo -based union: recently established by the CUT in Brazil, it caters for workers in the informal economy and new forms of work.
SPEAKER: Pat Horn is coordinator of the Collective Bargaining in the Informal Sector Project at Women in Informal Employment: Globalizing and Organizing (WIEGO), in Durban, South Africa. A veteran trade unionist, she is a founder (now Senior Advisor) of StreetNet International, with affiliated organisations from 57 countries in Africa, Asia, the Americas and Eastern Europe. She is also part of the South African National Task Team responsible for implementation of ILO Recommendation 204 on transitions from the informal to formal economy, representing the NEDLAC Community Constituency.
This talk was originally given on 28 October 2020.
The Labour Studies Podcasts are from our popular Labour Studies Seminar Series, launched in 2015. We cover "labour studies" in the broadest sense: labour and left history, policy and political economy, unions and popular struggles. We cover "labour studies" in the broadest sense: labour and left history, policy and political economy, unions and popular struggles. NALSU, based in the Eastern Cape, South Africa, is engaged in policy, research and workers' education. Built around a vibrant team from disciplines including Economics, History and Sociology, it has active partnerships and relations with a range of advocacy, labour and research organisations. It draws strength from its location in a province where the legacy of apartheid and the cheap labour system, and the contradictions of the post-apartheid state, are keenly felt. We are named in honour of Dr Neil Hudson Aggett, a union organiser and medical doctor who died in 1982 in an apartheid jail after enduring brutality and torture. https://www.ru.ac.za/nalsu/
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Podcast: Matrix Podcast
Episode: Authors Meet Critics: "Redistributing the Poor: Jails, Hospitals, and the Crisis of Law and Fiscal Austerity"
Pub date: 2021-05-03
Recorded on April 19, 2021, this Social Science Matrix "Authors Meet Critics" panel featured the book Redistributing the Poor: Jails, Hospitals, and the Crisis of Law and Fiscal Austerity, by Armando Lara-Millán, Assistant Professor in the UC Berkeley Department of Sociology at the University of California, Berkeley.
In "Redistributing the Poor," Lara-Millán, an ethnographer and historical sociologist, takes us into the day-to-day operations of running the largest hospital and jail system in the world and draws attention to how state agencies circulate people between different institutional spaces in such a way that generates revenue for some agencies, cuts costs for others, and projects illusions that services have been legally rendered.
By centering the state's use of redistribution, Lara-Millán shows how certain forms of social suffering — the premature death of mainly poor, people of color — are not a result of the state's failure to act, but instead the necessary outcome of so-called successful policy.
Panelists included: Angèle Christin, Assistant Professor in the Department of Communication and affiliated faculty in the Sociology Department and Program in Science, Technology, and Society at Stanford University; and Jonathan Simon, Professor at Berkeley Law.
This event was co-sponsored by the Center for Study of Law and Society (CSLS). Learn more about Matrix at https://matrix.berkeley.edu.
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Podcast: New Books in Sociology (LS 37 · TOP 2.5% what is this?)
Episode: Tim Jackson, "Post Growth: Life after Capitalism" (Polity, 2021)
Pub date: 2021-05-07
I spoke with Prof. Tim Jackson about his latest book: Post Growth, Life after Capitalism, published by Polity Books in 2021.
The book starts with a reflection on the event of the past few months. The success in 2019 of the school strikes for climate, the attention that Greta Thunberg received even in Davos, and the arrival of the pandemic that changed our priorities. Even the 2009 crisis challenged the degrowth movement when we experienced the consequences of the recession. I have asked how do we keep the focus on sustainability?
This book and his work in general are about the need for a change in our economic paradigms. But we are still tied to old ideas and institutions. Keynes that many progressive politicians and economists frequently refer to, cannot be really claimed to be offering revolutionary ideas for our times. Still, the book mentions an essay by Keynes from 1930 where he appears clearly interested in what should come after the immediate actions (growth) needed to overcome the great depression.
We discussed how the shift in economic paradigm can follow different patterns in the rich nations and in the developing ones. Finally, referring to the final chapter, 'Dolphins in Venice', we talked about what could happen at the end of the pandemic to our cultural and consumption preferences.
Capitalism is broken. The relentless pursuit of more has delivered climate catastrophe, social inequality and financial instability—and left us ill prepared for life in a global pandemic. Weaving together philosophical reflection, economic insight and social vision, Tim Jackson’s passionate and provocative book dares us to imagine a world beyond capitalism—a place where relationship and meaning take precedence over profits and power. Post Growth is both a manifesto for system change and an invitation to rekindle a deeper conversation about the nature of the human condition.
Dr Tim Jackson holds degrees in mathematics (MA, Cambridge), philosophy (MA, Uni Western Ontario) and physics (PhD, St Andrews). He is Director of the Centre for the Understanding of Sustainable Prosperity and Professor of Sustainable Development at the University of Surrey in the UK.
Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK.
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Podcast: The Dig (LS 59 · TOP 0.5% what is this?)
Episode: Big Ship Capitalism with Laleh Khalili
Pub date: 2021-04-30
Dan interviews Laleh Khalili on Sinews of War and Trade: Shipping and Capitalism in the Arabian Peninsula. The Suez Canal, the colonial roots of contemporary maritime trade, Aden dock worker radicals, why Dubai is not exceptional, the impacts of steam engines and containerization—and so much more.
Support this podcast at Patreon.com/TheDig
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Podcast: IMF Podcasts (LS 40 · TOP 2% what is this?)
Episode: Rana Foroohar on the Economic and Social Force of Big Tech
Pub date: 2021-04-30
Before the pandemic hit, 80 percent of corporate wealth was held by the top 10 percent of large companies richest in intangible assets like data, software, and intellectual property. In this podcast, Rana Foroohar says the concentration of wealth and power among Big Tech firms has grown exponentially over the course of the pandemic. Foroohar is Global Business Columnist and Associate Editor at the Financial Times. She was invited to speak at the Institute for Capacity Development about her book Don't be evil, which examines the implications for society of the growing influence of Silicon Valley tech giants in all aspects of the economy. Transcript
Read more about building a better data economy in the March issue of Finance and Development Magazine: IMF.org/FandD
Transcript: http://traffic.libsyn.com/imfpodcast/Rana_Foroohar-transcript-IMF_Podcast.pdf
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Podcast: This Is Hell! (LS 57 · TOP 0.5% what is this?)
Episode: 1327: What do we do with MMT? / James K. Galbraith
Pub date: 2021-04-26
Economist James K. Galbraith on modern monetary theory, public spending and possibility of post-neoliberal policy, and his article "Who's Afraid of MMT?" for Project Syndicate.
https://www.project-syndicate.org/commentary/why-central-bankers-fear-modern-monetary-theory-by-james-k-galbraith-2020-12
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Podcast: The Pop Doctrine
Episode: Episode 13 - The Morals of the Market - Jessica Whyte
Pub date: 2021-04-25
Back at the start of 2021, I was very lucky to have a chat with Australian writer and academic, Jessica Whyte, about her 2019 book The Morals of the Market: Human Rights and the Rise of Neoliberalism. The book looks at the simultaneous rise of Neoliberalism and the modern day human rights movement, showing their shared moral and historical roots and how the latter has ultimately been co-opted by the former.
I reached out to Jessica after hearing her interviewed on ABC Radio National and considered it an aspirational gesture - I had only just started releasing episodes and Jessica was exactly the kind of writer I'd wanted to speak to when I conceived of this project. I'm very grateful to her for taking the time to answer my questions.
You can buy Jessica's book here or if you're a Perth local, shoot me a message on insta and you can borrow my (heavily and messily annotated) copy.
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Podcast: Global Development Institute podcast (LS 26 · TOP 10% what is this?)
Episode: Uneven and combined (state) capitalism with Ilias Alami & Adam Dixon
Pub date: 2021-04-14
Nick Jepson talks to Ilias Alami and Adam Dixon about their recent talk at the Global Development Institute. The talk blurb is below:
The talk contributes to the development of state capitalism as a reflexively critical project focusing on the morphology of present-day capitalism, and particularly on the changing role of the state. We bring analytical clarity to state capitalism studies by offering a rigorous definition of its object of investigation, and by demonstrating how the category state capitalism can be productively construed as a means of problematising the current aggregate expansion of the state’s role as promoter, supervisor, and owner of capital across the world economy. Noting some of the geographical shortcomings of the field, we outline an alternative research agenda – uneven and combined state capitalist development – which aims at spatialising the study of state capitalism and revitalising systemic explanations of the phenomenon. We then offer a geographic reconstruction of the current advent of state capitalism. We identify the determinate historical-geographical capitalist transformations which underpin contemporary state capitalism. Such processes include: the accelerating unfolding of the new international division of labour; technological modernization and industrial upgrading culminating in the Fourth Industrial Revolution; an unprecedented concentration and centralisation of capital; and a secular shift in the centre of gravity of the global economy from the North Atlantic to the Pacific rim. The political mediation of these processes results in new geographies of intervention, which develop in combinatorial and cumulative forms, producing further state capitalist modalities. This is a particularly potent dynamic in contemporary state capitalism, and its tendency to develop in a spiral that both shapes and is shaped by world capitalist development.
Transcript available here: http://hummedia.manchester.ac.uk/institutes/gdi/research/transcripts/uneven-combined-state-capitalism.pdf
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Podcast: The Europe Desk (LS 38 · TOP 2.5% what is this?)
Episode: Not the Exception but the Rule: COVID-19 and Capitalist Crises
Pub date: 2021-04-20
Costas Lapavitsas, Professor of Economics at the SOAS University of London, joins us to discuss the Covid-driven economic crisis gripping the US and EU, their relationship to the financial crisis of 2007-2009 and how policy responses to the current crisis will shape our collective future.
The Europe Desk is a podcast from the BMW Center for German and European Studies at Georgetown University in Washington, DC. It brings together leading experts working on the most pertinent issues facing Europe and transatlantic relations today.
Music by Sam Kyzivat and Breakmaster Cylinder
Production by Andrew Schlegel, Jonas Heering and Emily Traynor Mayrand
Communications by Hannah Tyler and Iris Thatcher
Design by Sarah Diebboll
https://cges.georgetown.edu/podcast
Twitter and Instagram: @theeuropedesk
If you would like a transcript of this episode, more information about the Center's events, or have any feedback, please email: theeuropedesk@georgetown.edu.
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Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Forty Three
Pub date: 2021-04-15
Sarvy, Carlos, Jenn, and Scott, are joined by James Ashley Morrison, Assistant Professor in the Department of International Relations at the London School of Economics. The conversation is focused on Professor Morrison's forthcoming book on the history of the gold standard. Topics include the roles that J. M. Keynes and Winston Churchill played in Britain's return to the gold standard in 1925, the political-economic significance of the gold standard, the relationship between the disciplines of political economy and IPE (International Political Economy), and Professor Morrison's approach to writing history.
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
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Podcast: BFM :: The Breakfast Grille (LS 26 · TOP 10% what is this?)
Episode: Angrynomics And The Plan To Save The World
Pub date: 2021-04-12
Demonstrations in Hong Kong. Protests in Bangkok. An insurgency in Washington, DC. What do they all have in common? Anger. While economists tell us that the human race has never had it better, on the ground it feels like people are only getting progressively more stressed, anxious, and angry. Why?
Angrynomics proposes that the root cause of all this increased populism and polarization comes down to wealth and income inequality. Anger that has boiled over with nowhere else to go.
So at what point does economics becomes angrynomics? And more importantly, how do we fix it? Roshan Kanesan speak to Angrynomics co-author Mark Blyth to find out.
Mark Blyth is the co-author of Angrynomics. He's also a Professor of International Economics and Director of the Rhodes Center for International Economics and Finance, Brown University.
Image Credit: Shutterstock.com
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Podcast: The Conversation Weekly (LS 42 · TOP 1.5% what is this?)
Episode: The zombie company problem and what it means for our economies
Pub date: 2021-04-08
In this episode, why some economists are worried about a growing army of "zombie companies" with lots of debts – and what this could mean for the shape of our economies. And the researchers who've found a new way to prevent predators from eating the eggs of endangered birds – via a form of biological, psychological warfare. Welcome to episode 10 of The Conversation Weekly, the world explained by experts.
With interest rates at record lows, many companies have been able to borrow money at very little cost. This cheap cash, which was flooding financial markets before the pandemic began, led some companies to rack up big debts. Economists call these “zombie companies” – firms that may struggle to pay the interest on their large debts. It’s a problem that’s been exacerbated by the pandemic, as revenues dried up in many sectors of the economy. Karl Schmedders, professor of finance at the International Institute for Management Development in Lausanne, Switzerland, explains how zombie companies are born, why the pandemic could have made the problem worse and what might happen next. And Sandy Brian Hager, senior lecturer in international political economy at City, University of London, explains his research about why the size of a company has a bearing on the shape of the recovery ahead.
In our second story, we hear about a new technique to protect endangered birds whose nests are often attacked by invasive predators. Scientists used fake smells to trick predators such as ferrets and hedgehogs into ignoring the birds' eggs. Catherine Price, postdoctoral researcher in conservation biology at the University of Sydney, tells us what happened when they tested the idea in the Mackenzie Basin on New Zealand's South Island.
And Luthfi Dzulfikar, associate editor at The Conversation in Indonesia, gives us his recommended reads.
The Conversation Weekly is produced by Mend Mariwany and Gemma Ware, with sound design by Eloise Stevens. Our theme music is by Neeta Sarl.
If you'd like to sign up for The Conversation's free daily newsletter, please subscribe here. To get in touch, find us on Twitter @TC_Audio or on Instagram at theconversationdotcom. Or you can email us on podcast@theconversation.com. Full credits for this episode can be found here.
Further reading
- Takeovers: a tidal wave of buyouts is coming in 2021 – here’s what it means, by Karl Schmedders and Patrick Reinmoeller, International Institute for Management Development (IMD)
- Attack of zombie companies: don’t let them eat bailouts that are vital to restore the economy, by Robert Earle, University of Zürich; Jung Park and Karl Schmedders, International Institute for Management Development (IMD)
- Giant firms have a hidden borrowing advantage that has helped keep them on top for decades – new research, by Sandy Brian Hager, City, University of London and Joseph Baines, King's College London
- Biggest companies pay the least tax, leaving society more vulnerable to pandemic – new research, by Sandy Brian Hager, City, University of London and Joseph Baines, King's College London
- Scientists used ‘fake news’ to stop predators killing endangered birds — and the result was remarkable, by Peter Banks, University of Sydney and Catherine Price, University of Sydney
- A study on the undocumented shows the glaring inequality gap in Indonesia's civil registration system, by Widi Sari, Harriz Jati, Meutia Aulia Rahmi, and Santi Kusumaningrum, PUSKAPA (in Bahasa Indonesia)
- National Film Day: Indonesia's young "santri" are producing film to preserve and criticize the Islamic boarding school tradition, by Ahmad Nuril Huda, Universitas Islam Negeri Raden Intan Lampung (in Bahasa Indonesia)
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Podcast: theAnalysis.news (LS 43 · TOP 1.5% what is this?)
Episode: Post-COVID World Economy: Out of the Frying Pan … Into the Fire?
Pub date: 2021-04-12
For sustainable recovery from the COVID-19 global economic shock, it’s imperative to break from policy choices that produce a concentration of economic power and wealth in a limited section of the economy but old habits, die hard warns UNCTAD’s Richard Kozul-Wright.
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Podcast: This Machine Kills (LS 44 · TOP 1.5% what is this?)
Episode: 56. The Kingmakers of Finance
Pub date: 2021-03-31
This week’s episodes are part of our ongoing, irregular series where we dive into the deepest, darkest crevices of how financial and technological capital operates today. In a sequel to our episodes on index funds and asset managers — the big three of BlackRock, Vanguard, and State Street — we examine the other side of this unholy marriage: market indices and index providers. If the index funds are like the treasury of global capitalism, holding and managing trillions in assets, then the index providers are like the executive branch: making decisions that directly and automatically cause mass movements in capital investment. We build on a fantastic new paper (ref below) investigating the private authority of this largely ignored industry to “steer capital.” As political economists, we are only just now starting to recognize, let alone reckon with, the power that index providers possess in contemporary financial capitalism — an industry that is weirdly coincidentally also concentrated in just just three firms: S&P Dow Jones, FTSE Russell, and MSCI.
Article we discuss: • Steering capital: the growing private authority of index providers in the age of passive asset management | Johannes Petry, Jan Fichtner, Eelke Heemskerk | Review of International Political Economy: https://www.tandfonline.com/doi/full/10.1080/09692290.2019.1699147
Subscribe to hear more analysis and commentary in our premium episodes every week! patreon.com/thismachinekills
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Hosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl)
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Podcast: Rethinking Development Podcast (LS 32 · TOP 5% what is this?)
Episode: 4.7 In the Name of Development
Pub date: 2021-04-07
Andrea Cornwall is currently Pro Director of Research and Enterprise and Professor of Global Development and Anthropology at the School of Oriental and African Studies at the University of London. She is a political anthropologist and her research focuses on power, inclusion and rights. Some of her work has focused on reproductive and sexual health in Zimbabwe and Nigeria, citizen participation and accountability in health policy and governance in the UK and Brazil, and contestations over gender, empowerment, and rights in international development. She joins us from London, UK.
We speak about:
- applying an anthropological lens to the development sector
- fashions, fads and buzzwords in development work
- interrogating participatory methods
- analyzing power dynamics
- decolonizing international development studies
- social movements being the biggest catalysts for change
- care, leisure and compassion as part of a wholistic approach to development - and much more!
Support the show (https://www.patreon.com/rethinkingdevelopment)
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Podcast: Political Economy Forum (LS 32 · TOP 5% what is this?)
Episode: #33 - Capitalism without Capital - w/ Johnathan Haskel
Pub date: 2021-04-02
Prof. Johnathan Haskel and Forum Fellow Nicolas Wittstock discuss Johnathans' book "Capitalism without Capital - the rise of the intangible economy" (with Stian Westlake).
In it, the authors argue that that business investment in intangible capital - like software, knowledge, networks, patents, and processes - are growing in economic importance. This has crucial consequences, as these economic assets have special properties that make them categorically different from more conventional ones.
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Podcast: KPFA - Letters and Politics (LS 46 · TOP 1% what is this?)
Episode: David Harvey on a History of Neoliberalism and the Current Economic Crisis
Pub date: 2021-03-29
Guest: David Harvey [1] is a Distinguished Professor of Anthropology [2] & Geography [3] at the Graduate Center of the City University of New York (CUNY) [4], the Director of Research at the Center for Place, Culture and Politics [5], and the author of numerous books, his latest is [6]The Anti-Capitalist Chronicles [7]. Professor Harvey has been teaching Karl Marx’s Capital for nearly 50 years. Follow him on twitter: @profdavidharvey [8]
[1] http://davidharvey.org/ [2] http://www.gc.cuny.edu/anthropology/ [3] http://www.gc.cuny.edu/Page-Elements/Academics-Research-Centers-Initiatives/Doctoral-Programs/Earth-and-Environmental-Sciences/Specializations/Geography [4] http://www.gc.cuny.edu/ [5] http://pcp.gc.cuny.edu/ [6] http://davidharvey.org/books/ [7] https://www.plutobooks.com/9780745342092/the-anti-capitalist-chronicles/ [8] https://twitter.com/profdavidharvey
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Podcast: Poliko
Episode: Episode 02. Marxist State Theory for De-Orientalizing State Capitalism with Ilias Alami
Pub date: 2021-03-25
State capitalism is today a label often applied to China, Russia or the Arab Gulf as a model threatening to displace Western liberal conceptions of insulated markets driven by fair competition and minimal state interventions. In this episode, I'm asking Ilias Alami from Maastricht University to unpack the concept: Rejecting a Western liberal Orientalizing discourse, which locates state capitalism beyond the West, Ilias argues on the contrary that the concept can be useful for understanding a restructuring of the State in both advanced and emerging market economies. Ilias points to Marxist state theory as a rich tradition for contextualizing contemporary state capitalism as an answer to ongoing crises of capitalist accumulation.
You can follow Ilias online at:
Twitter: https://twitter.com/iliasalami
Academia: https://maastrichtuniversity.academia.edu/IliasAlami
Website: https://sites.google.com/tbs-education.org/ilias-alami/home
Blog: https://developingeconomics.org
Check out recent work by Ilias:
Alami, I. (2020). Money Power and Financial Capital in Emerging Markets. Facing the Liquidity Tsunami. London and New York: Routledge. https://tinyurl.com/9wd4f6a8
Alami, I., & Dixon, A. D. (2019). State capitalism(s) redux? Theories, tensions, controversies. Competition & Change. doi:https://doi.org/10.1177/1024529419881949
Alami, I., & Dixon, A. D. (2020). The strange geographies of the “new” state capitalism. Political Geography, 82. doi:https://doi.org/10.1016/j.polgeo.2020.102237
Other references recommended by Ilias:
Sperber, N. (2019). State Capitalism and the State-Class Nexus. Science & Society, 83(3), 381-407. doi:https://doi.org/10.1521/siso.2019.83.3.381
Karas, D. (2021). Financialization and State Capitalism in Hungary after the Global Financial Crisis. Competition & Change. doi:https://doi.org/10.1177/10245294211003274
Wright, M., Wood, G., Musacchio, A., Okhmatovskiy, I., Grosman, A., & Doh, J. P. (2021). State Capitalism in International Context: Varieties and Variations. Journal of World Business, 56(2). doi:https://doi.org/10.1016/j.jwb.2020.101160
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Podcast: In Pursuit of Development (LS 28 · TOP 10% what is this?)
Episode: Imperialism and the developing world — Atul Kohli
Pub date: 2021-03-31
Western imperialism has fundamentally shaped the developing world. In particular, Great Britain and the United States – the dominant capitalist powers of the 19th and 20th centuries, respectively, have played a major role in this historical process. But why did they pursue imperialism? And what effects did such imperial practices have on the developing world? These are the key questions that Atul Kohli examines in his brilliant new book, Imperialism and the Developing World: How Britain and the U.S. Shaped the Global Periphery (Oxford University Press, 2020). Kohli meticulously examines both the causes and consequences of modern imperialism. He finds that the impact of imperialism on the developing world has been primarily negative. Indeed, the key argument in the book is that there is an inverse relationship between imperialism and development, i.e., the less control a state has over its own affairs, the less likely it is that the people of the state will experience steady and inclusive economic progress.
Atul Kohli is the David K.E. Bruce Professor of International Affairs at Princeton University and one of the world’s leading experts in comparative political economy with a focus on developing countries.
- Dan Banik and In Pursuit of Development on Twitter
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Podcast: New Books Network (LS 44 · TOP 1% what is this?)
Episode: Aaron G. Jakes, "Egypt's Occupation: Colonial Economism and the Crises of Capitalism" (Stanford UP, 2020)
Pub date: 2021-03-23
The story is a familiar one. In 1882, the British invaded Egypt to secure payment on the country’s crippling foreign debts and quash the movement for fiscal sovereignty and constitutional rule that had formed under the Egyptian military officer Ahmed ‘Urabi Pasha.
The common sense in the critical American academy has long been that the decades of occupation that ensued were a logical extension of Egypt's integration into an increasingly Western dominated global economy: from the 1850s onward, Egypt's economy had exemplified third world dependency, the essence of which was reliance on the export of a primary commodity—cotton. In the name of the free global market, the British ensured that more and more of the country's land would be devoted to supplying cotton to England's industrial mills. In other words, the occupation rested on and reinforced notions of liberal universalism that, in actuality, served as alibis for imperial expansion. Meanwhile, a sellout landed elite acted as complicit in Britain's larger objectives of expanding foreign land ownership.
Surely, this story contains important truths. Yet it doesn't explain certain things. For instance, British administrators and political economists weren't particularly interested in the landed elite—at least not as much as they were in the small landholding Egyptian peasant, or fellah. For another, their very hopes for the fellah made Egypt a target for the relocation of foreign financial capital from Europe—a relocation that led to a decade-long financial boom. With few exceptions, historians of modern Egypt have yet to make sense of these confounding variables.
That is, until now. In Egypt’s Occupation: Colonial Economism and the Crises of Capitalism (Stanford University Press, 2020), Aaron Jakes tells, for the first time, the story of Egypt’s turn-of-the-century financial boom and the crises that ensued. Along the way, Jakes offers a sweeping reinterpretation of both the historical geography of capitalism in Egypt and the role of political-economic thought in struggles that raged over the occupation by tracing the ramifications of what he dubs “colonial economism”: the animating theory of British imperial rule that held Egyptians to be capable of only acting according to their bare material interests.
The result is a work that has been widely regarded as the most important scholarly book about modern Egypt to come out in decades. And as this conversation with the author attests, Egypt’s Occupation is a must-read not only for historians of Egypt, but for anyone invested in understanding the historical imbrication of capitalism with race and empire. Tune in.
Aaron Jakesis Assistant Professor of History and Co-Director of Capitalism Studies at The New School, where he teaches courses on the modern Middle East and South Asia, global environmental history, and the history of capitalism.
Nancy Ko is a PhD student in History at Columbia University, where she works at the intersection of Jewish and Middle East Studies.
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Podcast: We Be Imagining (LS 32 · TOP 5% what is this?)
Episode: On Fictitious Capital: How Finance Is Appropriating Our Future (with Cedric Durand)
Pub date: 2021-03-20
How can the Left respond to the declining hegemony of finance and the rising hegemony of Big Data? We have more socialization of economic life and collaboration at a scale that was never possible in the past so in this sense you have more socialization. The problem is this socialization is governed by private entities that orient this socialization process not only in service of their quest for profit but to reinforce their own power. What are the limitations of the anti-trust in confronting Big Tech’s monopolization of quasi-public infrastructure? For example Amazon replicates the United States Postal Services (USPS) in some sense, so how do we see part of the reconciliation of political contradictions produced by financialized tech companies as needing to plan and re-organize the economy towards the public good rather than towards the desires of capital?
We discuss the possibilities and constraints of implementing a Green New Deal, the role of fictitious capital in proffering a solution to social contradictions in the immediate but producing financial crises that require increasingly greater amounts of state intervention in the mid-long term.
Cédric Durand teaches Economics and Development Theories at the University of Paris 13 and the EHESS. Working within the tradition of Marxist and French Regulationist political economy, he is the author of several articles on the euro–crisis, the financialization-globalization nexus and the post-Soviet transformation. He is a member of the editorial board of the radical online journal ContreTemps.
IG + Twitter: @WeBeImagining
Support Us: On Patreon
Host: J. Khadijah Abdurahman, Ilan Mandel
Music: Drew Lewis
Links for the Episode:TECHNOFÉODALISME Critique de l'économie numérique Cédric DURAND
Fictitious Capital How Finance Is Appropriating Our Future
The Financial Instability Hypothesis. Working Paper No. 74. Levy Economics Institute
Capital, Vol.3, Chapter 25 (Credit and Fictitious Capital)
Jackie Wang's Carceral Capitalism
Financialization Is Marketization! A Study of the Respective Impacts of Various Dimensions of Financialization on the Increase in Global Inequality
Debt Relief Is Not Enough — Cancel the Debt of the Global South
The Global South Must Be Freed of Its Debt Servitude
DEBT THE FIRST 5,000 YEARS - DAVID GRAEBER
What Is the Green New Deal? A Climate Proposal, Explained (Published 2019)
https://academic.oup.com/cpe/article-abstract/30/1/31/329999?redirectedFrom=fulltext
BlackRock, the World’s Biggest Money Manager, Expands Again (Published 2017)
Shadow banking is now a $52 trillion industry, posing a big risk to the financial system
Color of Change Calls on Larry Fink to Stop Supporting NYC Police Foundation
Finance-Led Capitalism - Shadow Banking, Re-Regulation, and the Future of Global Markets | Robert Guttmann
MARGUERITE CASEY FOUNDATION 990 (2018)
What the Luddites Really Fought Against | History
We read the paper that forced Timnit Gebru out of Google. Here’s what it says.
Big Tech’s Next Big Problem Could Come From People Like ‘Mr. Sweepy’
Europe's Android 'choice' screen keeps burying better options
Google COVID-19 Community Mobility Reports
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Podcast: David Harvey's Anti-Capitalist Chronicles (LS 56 · TOP 0.5% what is this?)
Episode: How Capital Evolves
Pub date: 2021-03-25
This episode is part 1 of a 4-part series. Prof. Harvey explores the evolution of capital throughout history and examines the shifts to finance from commodity production and trade, and the transfer of power that followed. He draws from Marx, Fernand Braudel and Italian sociologist Giovanni Arrighi to look critically at shifting hegemonies, shifting centers and structures of domination, the rise of neoliberalism and the current crisis.
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Podcast: The Road to Now (LS 51 · TOP 0.5% what is this?)
Episode: #192 The History of Financial Bubbles w/ William Quinn
Pub date: 2021-03-15
Market bubbles can make and break fortunes, and which side of things you end up on has everything to do with what you’re holding when the bubble busts. But what separates a bubble from sensible investing? It’s always hard to tell in the moment, but history has some valuable lessons. In this episode, Ben talks with Dr. William Quinn, whose new book Boom and Bust lays out a brilliant formula for understanding the causes of financial bubbles and examines some of the biggest examples in history. The conversation covers the Great Depression, why some bubbles have limited effect and others bring down economies, and why both Ben and William have some concerns about Bitcoin.
William Quinn is a Lecturer in Finance at Queen's University Belfast Management School. His new book Boom and Bust: A Global History of Financial Bubbles (Cambridge University Press, 2020), which he coauthored with John D. Turner, was a Financial Times Book of the Year in 2020. You can follow William Quinn on twitter at @wquinn05
This episode was edited by Gary FLetcher
The Road to Now is part of the Osiris Podcast Network
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Podcast: The Rhodes Center Podcast (LS 38 · TOP 2.5% what is this?)
Episode: How Precarity Puts Capitalism on Edge
Pub date: 2021-03-16
On this episode Mark talks with Albena Azmanova, IWM Visiting Fellow at the Institute for Human Studies in Vienna and author of ‘Capitalism on Edge: How Fighting Precarity Can Achieve Radical Change Without Crisis or Utopia’. In the book, Albena explains how precarity (not inequality) is the central driver of our current political, economic, and social woes. Mark and Albena explore the roots of economic precarity, the reasons it’s more dangerous and destabilizing than inequality alone, and why addressing it will require mixing tried-and-true economic policies with a radical rethinking of how our economy is structured.
You can learn more about Albena Azmanova's book here.
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Podcast: Global Governance Futures: Imperfect Utopias or Bust
Episode: 8: Susan K. Sell – Winners and Losers in the Global Political Economy
Pub date: 2021-03-06
Susan K. Sell is Professor at the School of Regulation and Global Governance (REGNET) at the Australian National University. Susan has been at the forefront of critical international political economy (IPE) scholarship for over two decades. An admirer of earlier critical IPE voices, like Susan Strange, Susan has forged a career shining a light on the dark side of global governance in a world of hyper-globalisation and acquisitive transnational private power. For Susan, it has always been about who wins and who loses within the often opaque workings of the global economy.
Her research has applied this lens to powerful effect, particularly in the area of global health. Although critical IPE is experiencing a resurgence of interest, that was not always the case. In a wide-ranging conversation, Susan reflects on being an often lone critical voice during the triumphalist 1990s liberal moment, navigating a discipline which, until recently, was overwhelmingly male, as well as the potential for COVID-19 to serve as a “horrendous opportunity”, and what the future of global private power might look like.
Susan can be found on the ANU website.
Selection of publications: What COVID-19 Reveals About Twenty-first Century Capitalism: Adversity and Opportunity, 2020 Health under capitalism: a global political economy of structural pathogenesis, 2019 (with Owain D. Williams) Who Governs The Globe? 2010 (with Deborah Avant and Martha Finnemore) TRIPS was never enough: vertical forum shifting, FTAs, ACTA, and TPP, 2011 Private Power, Public Law: The Globalization of Intellectual Property Rights, 2003
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Podcast: Harvard Fairbank Center for Chinese Studies (LS 37 · TOP 2.5% what is this?)
Episode: Tea War: A History of Capitalism in China and India, with Andrew B. Liu
Pub date: 2021-03-05
Speaker: Andrew B. Liu, Assistant Professor of History, Villanova University
Tea remains the world’s most popular commercial drink today, and at the turn of the twentieth century, it represented the largest export industry of both China and colonial India. In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. He shows how competitive pressures compelled Chinese merchants to adopt abstract industrial conceptions of time, while colonial planters in India pushed for labor indenture laws to support factory-style tea plantations. Characterizations of China and India as premodern backwaters, he explains, were themselves the historical result of new notions of political economy adopted by Chinese and Indian nationalists, who discovered that these abstract ideas corresponded to concrete social changes in their local surroundings. Together, these stories point toward a more flexible and globally oriented conceptualization of the history of capitalism in China and India.
Andrew B. Liu is assistant professor of history at Villanova University, where his research focuses on China, transnational Asia, political economy, and comparative history.
This event co-sponsored by The Joint Center for History and Economics, Harvard University.
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Podcast: SikhArchive (LS 33 · TOP 5% what is this?)
Episode: Neoliberalism in Punjab with Dr. Shreya Sinha
Pub date: 2021-03-10
Hi, I’m Sukhraj Singh from Sikh Archive and welcome to the 21st episode of our Podcast series of conversations with historians, authors, academics, researchers and activists on topics related to their areas of expertise on Sikh or Panjabi history.
In this episode we are joined by Dr. Shreya Sinha who is a research associate at Cambridge University and her research interests lie in agrarian political economy, sociology of economic relations, regional development, neoliberalism, and India and South Asia.
We discuss Neoliberalism in Punjab with respect to the agrarian economy in Punjab, in particular its historical context and some of the consequences surrounding the policies that have had an impact on Punjab ranging from debt, farmer suicides, migration and more.
★ Support this podcast on Patreon ★
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Podcast: Citations Needed (LS 68 · TOP 0.05% what is this?)
Episode: News Brief: The Transactional Dog-Whistle Politics of the Term "Taxpayer"
Pub date: 2021-03-03
On this News Brief, we discuss the ubiquitous weaponization of the term "taxpayer" in media and politics and how it deliberately smuggles right-wing, transactional and deeply racialized notions of people's relationship with their government into our cultural understanding of taxation, public spending and social services. Our guest is the Law and Political Economy Project's Raúl Carrillo.
The podcast and artwork embedded on this page are from Nima Shirazi and Adam Johnson, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 44 · TOP 1.5% what is this?)
Episode: #90 Stephanie Kelton, Gabrielle Bond & Steven Hail: The Deficit Myth & A Green New Deal
Pub date: 2021-03-03
Economist and best-selling author Professor Stephanie Kelton talks with Gabrielle Bond and Dr Steven Hail of the Sustainable Prosperity Action Group.
Please help sustain this podcast!
Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
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For an intro to MMT:
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Our episode 47 with Pavlina Tcherneva laying out the Job Guarantee: https://www.patreon.com/posts/36034543
Maastricht and All That by Wynne Godley: https://gimms.org.uk/2020/07/19/maastricht-and-all-that/
Curried EMU - the meal that fails to nourish by Wynne Godley: https://www.concertedaction.com/2011/11/07/curried-emu/
Can Taxes And Bonds Finance Government Spending? by Stephanie Kelton: http://www.levyinstitute.org/pubs/wp244.pdf
Sign up for “Rethinking Capitalism” April 10th - 11th 2021 (in-person course with Dr Steven Hail at The University of Adelaide: https://sustainable-prosperity.net.au/summer-school/
A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455
A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
Transcript for opening monologue: https://www.patreon.com/posts/48167110
We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
Show notes: https://www.patreon.com/posts/48165836
The podcast and artwork embedded on this page are from Patricia Pino & Christian Reilly, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Economics & Beyond with Rob Johnson (LS 40 · TOP 2% what is this?)
Episode: The Long-Overdue Revolution in Economic Thinking
Pub date: 2021-03-01
University of Texas economist James K. Galbraith engages in a wide-ranging discussion of the many ways in which conventional economics has failed us, ranging from how to manage the post-pandemic economy, the role of finance, to the problems of inequality and climate change.
The podcast and artwork embedded on this page are from Institute for New Economic Thinking (INET), which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 44 · TOP 1.5% what is this?)
Episode: #89 Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 2)
Pub date: 2021-02-24
Part 2: Patricia and Christian talk to MMT founder Warren Mosler and MMT scholar Dr Phil Armstrong about their recent paper: “Weimar Republic Hyperinflation through a Modern Monetary Theory Lens”.
Part 1 of this conversation: https://www.patreon.com/posts/episode-88-phil-47638591
Please help sustain this podcast!
Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
For an intro to MMT:
Listen to our first three episodes: https://www.patreon.com/posts/41742417
All our episodes in chronological order: https://www.patreon.com/posts/43111643
All of our episodes with Warren Mosler: https://www.patreon.com/posts/42918786
All of our episodes with Phil Armstrong: https://www.patreon.com/posts/42072846
Some of our other episodes with Warren Mosler which deal with inflation, interest rates and central bank policy:
Episode 59: What Do Central Banks Do?: https://www.patreon.com/posts/39070023
Episode 80: MMT Holiday Special (part 1): https://www.patreon.com/posts/45281376
Episode 81: MMT Holiday Special (part 2): https://www.patreon.com/posts/episode-81-mmt-2-45555840
Our episode 65 with Phil Armstrong on inflation (more on Paul Volcker as Fed chair in the intro): https://www.patreon.com/posts/40672678
Our episode 47 with Pavlina Tcherneva explaining the Job Guarantee: https://www.patreon.com/posts/36034543
Our episode 55 with Dr Dirk Ehnts on MMT in the context of the Eurozone: https://www.patreon.com/posts/38252014
Our episodes with Sam Levey that touch on the forward pricing channel:
Episode 43: https://www.patreon.com/posts/35073683
Episode 76: https://www.patreon.com/posts/43697752
Episode 77: https://www.patreon.com/posts/43886189
Weimar Republic Hyperinflation through a Modern Monetary Theory Lens by Phil Armstrong and Warren Mosler: http://moslereconomics.com/wp-content/uploads/2020/11/Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens.pdf
Warren Mosler - MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit
Michael Hudson - Government Debt and Deficits Are Not the Problem. Private Debt Is: https://michael-hudson.com/2013/03/government-debt-and-deficits-are-not-the-problem-private-debt-is/
Clint Ballinger - Airplane crashes aren’t “hyperlandings”: https://clintballinger.wordpress.com/2020/04/30/airplane-crashes-arent-hyperlandings-notes-on-zimbabwe/
A Discussion of Central Bank Operations and Interest Rate Policy by Warren Mosler and Phil Armstrong: https://gimms.org.uk/wp-content/uploads/2019/02/Central-Bank-Interest-Rate-Policy-Mosler-Armstrong.pdf
Monopoly Money: The State as a Price Setter by Pavlina R. Tcherneva: http://moslereconomics.com/wp-content/uploads/2018/04/Tcherneva_MonopolyMoney_2002.pdf
Bill Mitchell - Zimbabwe for hyperventilators 101: http://bilbo.economicoutlook.net/blog/?p=3773
Tickets for “An Introduction To Modern Monetary Theory: Reconceptualising The Nature Of Banking” (presentation by Phil Armstrong) on 26th March 2021, organised by Women in Banking and Finance: https://www.wibf.org.uk/events/details/modern-monetary-theory
A list of other upcoming MMT events and courses: https://www.patreon.com/posts/47531455
A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757
Phil Armstrong’s book, Can Heterodox Economics Make a Difference?: https://www.e-elgar.com/shop/gbp/can-heterodox-economics-make-a-difference-9781800370883.html
Warren Mosler’s (free) e-book, Seven Deadly Innocent Frauds Of Economic Policy: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf
Transcript for opening monologue: https://www.patreon.com/posts/47905062
We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos
Show notes: https://www.patreon.com/posts/47904999
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Podcast: Recall This Book (LS 34 · TOP 5% what is this?)
Episode: 51 Recall This Buck 3: Thomas Piketty on Inequality and Ideology (Adaner, JP)
Pub date: 2021-02-19
Is Thomas Piketty the world’s most famous economic historian ? A superstar enemy of plutocratic capitalism who wrote a pathbreaking bestseller, Capital in the 21st Century? Or simply a debonair and generous French intellectual happy to talk redistributive justice? Join John and Adaner Usmani (star of RTB’s episode 44: Racism as idea, Racism as Power … Continue reading "51 Recall This Buck 3: Thomas Piketty on Inequality and Ideology (Adaner, JP)"
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Podcast: Public Intellectual (LS 41 · TOP 1.5% what is this?)
Episode: Moral Insanity and Our Economic Crisis, with Pavlos Roufos
Pub date: 2021-02-22
With people losing homes and jobs and the government taking a hands off approach, it is a chance to rethink our response to the last economic crisis of 2008. Pavlos Roufos, the author of A Happy Future is a Thing of the Past, joins Jessa to discuss the austerity measures taken in Greece and the catastrophic results they had, while also commenting on the stories used to explain why this economic punishment was for the best.
Support this podcast: http://patreon.com/publicintellectual
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Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: Nicholas Jepson, "In China's Wake: How the Commodity Boom Transformed Development Strategies in the Global South" (Columbia UP, 2019)
Pub date: 2021-02-17
From 2002 to 2013, China’s rapid economic growth caused a boom in the prices of commodities—particularly of metals, fuel, and soybeans. According to political economist Dr. Nick Jepson, the commodity boom offered resource exporters in the Global South the financial resources and thus the opportunity to break away from international financial institutions like the International Monetary Fund and set their own policy agendas. But not all resource-exporting countries that benefited from the commodity boom took this path away from neoliberalism.
In his new book In China’s Wake: How the Commodity Boom Transformed Development Strategies in the Global South(Columbia University Press 2020), Jepson uses fieldwork, interviews, and qualitative comparative analysis (QCA) to identify and describe five typologies of resource exporters during the boom and the factors that contributed to differing development strategies and trajectories. China’s rise has had profound consequences on the processes of global capitalism, and this can be observed most clearly in the fortunes of commodity-exporting countries of the Global South. In China’s Wake explores fascinating case studies of countries in Asia, Latin America, and Africa to demonstrate the wide-ranging impact of China’s growth.
Laurie Dickmeyer is an Assistant Professor of History at Angelo State University, where she teaches courses in Asian and US history. Her research concerns nineteenth-century US-China relations. She can be reached at laurie.dickmeyer@angelo.edu and on Twitter @LDickmeyer.
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Podcast: Empathy Media Lab
Episode: 108. Sarah Jaffe, Author of Work Won’t Love You Back & Co-Host of Belabored Podcast - LRPN Spotlight
Pub date: 2021-02-16
Sarah Jaffe is the author of Work Won’t Love You Back: How Devotion to Our Jobs Keeps Us Exploited, Exhausted and Alone, which Jane McAlevey called “a multiplex in still life; a stunning critique of capitalism, a collective conversation on the meaning of life and work, and a definite contribution to the we-won’t-settle-for-less demands of the future society everyone deserves,” and of Necessary Trouble: Americans in Revolt, both from Bold Type Books.
Her work has appeared in The New York Times, The Nation, the Guardian, the Washington Post, The New Republic, the Atlantic, and many other publications. She is the co-host, with Michelle Chen, of Dissent magazine’s Belabored podcast, as well as a columnist at The Progressive and New Labor Forum.
About the Labor Radio Podcast Network
Launched in April 2020, the Labor Radio Podcast Network focuses on working class issues that are often overlooked in the corporate-controlled media. The goal of the network is to help raise the voices of working people and strengthen organized labor to demand and achieve better treatment from workplaces and elected officials.
The Labor Radio Podcast Network is both a one-stop shop for audiences looking for labor content and a resource for labor broadcasters and podcasters. Resources include a weekly podcast summarizing shows produced by network members, marketing on social media, a website listing network shows and how audiences can find them, a database for contacting expert guests, access to a private listserv for Network members, and a weekly video call to increase solidarity and support amongst members.
If you are a journalist interested in learning more or if you’re a labor radio or podcast producer and want to join the network, contact us at info@laborradionetwork.org.
Follow the conversation on Twitter, Facebook, and Instagram using the hashtag #LaborRadioPod or visit the website at: https://www.laborradionetwork.org/.
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Video and audio was produced by Evan Matthew Papp of Empathy Media Lab.
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Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: Marco Ranaldi on Capitalist Systems and a New Way of Looking at Inequality
Pub date: 2021-02-14
Marco Ranaldi is a postdoctoral scholar at the Stone Center on Socio-Economic Inequality at the Graduate Center, CUNY. His research interests lie at the intersection between economic inequality and political economy, with a focus on inequality measurement and the comparative analysis of economic systems. He holds a PhD in Economics from the Paris School of Economics.
Our next book club meeting will take place on April 6th. It will once again be hosted by Fiori Sara Berhane. We will (Zoom) meet at 7pm EST and will be reading The Ministry For The Future. All are welcome!
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Podcast: New Books Network (LS 44 · TOP 1% what is this?)
Episode: Manfred Steger and Ravi Roy, "Neoliberalism: a Very Short Introduction" (Oxford University Press, 2021)
Pub date: 2021-02-08
George Orwell once said that “the word ‘fascism’ has now no meaning except in so far as it signifies ‘something not desirable’”. The word ‘neoliberalism’ knows exactly how it feels.
How did a term coined by a group of anti-authoritarian German economists in the 1930s to label a philosophy that stressed the role of the state in ensuring efficient competition turn into more of an insult than a description 50 years later? Has the nationalist tide that swept through Washington, London, Rome, Brasília, and Budapest brought the neoliberal era to end or helped relaunch its “third wave”? What differentiates neo- from ordo- from classical liberalism?
In this second edition of Neoliberalism: A Very Short Introduction (Oxford University Press, 2021), Manfred Steger and Ravi Roy seek to answer these questions, and retell the history of an idea, its mutations and its future.
Manfred Steger is Professor of Sociology at the University of Hawaiʻi at Mānoa. Ravi Roy is Associate Professor of Political Science and W. Edwards Deming Fellow in Public Affairs at Southern Utah University.
The authors’ book recommendations are Other People's Money: Masters of the Universe or Servants of the People? by John Kay (Profile Books, 2016) and Imperium* by Robert Harris (Arrow, 2009).
Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors.
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Podcast: Belabored (LS 48 · TOP 1% what is this?)
Episode: Belabored: Labor Unloved with Sarah Jaffe, Kenzo Shibata, and Micah Uetricht
Pub date: 2021-02-05
Belabored co-host Sarah Jaffe talks about her new book, Work Won't Love You Back.
The post Belabored: Labor Unloved with Sarah Jaffe, Kenzo Shibata, and Micah Uetricht appeared first on Dissent Magazine.
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Podcast: Mind the Shift
Episode: 43. The moral price of capitalism – Branko Milanovic
Pub date: 2021-02-03
Branko Milanovic is probably the world’s foremost researcher on inequality. His ”elephant graph” became famous some years ago because it highlighted what many intuitively knew: During the two decades up until the financial crisis, incomes in Asia went up a lot, as did the incomes of the richest percent in the West. Squeezed in the middle was the middle class in the West, whose incomes stood still.
”It highlighted the plutocracy and the contradictions of globalization”, says Milanovic.
He points out that the connection between wealth and political power is stronger in the western world than many realize. The US is the most dramatic example.
”Issues that matter to the upper middle class are much more frequently discussed in parliaments than issues important to people who are poor.”
Will the pandemic exacerbate or diminish inequality?
”It’s complicated.”
Some rich countries have had big drops in GDP, China has fared well, while India has fared poorly. Also within countries you see contradictory movements. Affluent people have been able to continue working from home, but on the other hand government transfers to the less affluent have more than compensated for their losses.
”It’s too early to draw any conclusions.”
The rise of Asia means there is a rebalancing of the world happening. The relative wealth of Asia is catching up to where it was before the industrial revolution.
Now it is Africa that is at the center stage of development. Africa needs sustained growth of around 7 percent a year for two generations to achieve any substantial catch-up.
”Without convergence of African incomes we will have two big negative effects: large migration will continue and global inequality will increase.”
Milanovic is personally in favor of migration as a means of diminishing global imbalances, in the same way that capital is allowed to move. But the resistance among people in the receiving countries is real. Therefore he suggests a kind of sub-citizenship for immigrants that would allow for circular migration.
”My fear is that if we accept the reluctance to allow migrants in we will get ’fortress Europe’. The middle way is to make it possible to migrate to Europe and make money but not to have an open way to citizenship and permanent residence. But workers’ rights must be the same for all.”
What about the many protests we see in the streets across the globe? Are they an indication that there is a growing popular resentment against the system?
”The resentment is there. But they are not questioning the way capitalism is organized. They are questioning some of its side effects: inequality, unfairness, environmental damage”, says Branko Milanovic.
He sees two grassroots trends that could constitute some kind of alternative to traditional capitalism:
”One is the movement of stakeholder capitalism. Then the shareholders would not be the sole factor influencing corporate decision making. The other one is the green economy. There I am more skeptical since they talk of degrowth.”
”If our value system were to be changed, so that acquisition of wealth weren’t our priority over priorities, capitalism would change.”
Branko Milanovic is currently a visiting presidential professor at the City University in New York. Here is his CV.
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Podcast: Social Europe Podcast (LS 25 · TOP 10% what is this?)
Episode: Albena Azmanova: Capitalism on Edge
Pub date: 2021-01-29
For Albena Azmanova capitalism is not in crisis, but it is on edge—and on the point of radical transformation. Social Europe is publishing cutting-edge thinking and new ideas from the most thought-provoking people. Our in-depth analyses and constructive proposals seek to link policy-making to wider political and economic concerns. It is our goal to promote progressive and inclusive societies, sustainable economies and responsible businesses as well as dynamic civil societies.
Please also visit our website www.socialeurope.eu to read our latest articles, blog posts and research papers. If you want to stay up-to-date with all things Social Europe just sign up to our regular newsletter via our website.
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Podcast: KPFA - Letters and Politics (LS 46 · TOP 1% what is this?)
Episode: Joseph Stiglitz on the Future of the U.S. and the Global Economy & Biden’s Actions on Climate Change
Pub date: 2021-01-28
Part I - The Future of the US and Global Economy Under a Biden Administration.
Guest: Joseph Stiglitz is a Nobel laureate in economics, University Professor at Columbia University, and chief economist of the Roosevelt Institute. His latest book is Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump.
Part II - Biden's Orders on Climate & Fossil Industry
Guest: Matt Kent is Regulatory Policy Associate at Public Citizen
Photo by Patrick Hendry [1] on Unsplash [2]
[1] https://unsplash.com/@worldsbetweenlines?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText [2] https://unsplash.com/s/photos/fosil-fuels?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText
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Podcast: Town Hall Seattle Civics Series (LS 26 · TOP 10% what is this?)
Episode: 220. Astra Taylor with E. Tammy Kim: The Case for Economic Disobedience and Debt Abolition
Pub date: 2021-01-28
Even before a national pandemic that sent the country into a crisis, almost 40% of Americans wouldn’t be able to cover a $400 emergency. Nearly a third of Americans have medical debt, and over half have defaulted on it. Student loan debt has surpassed $1.6 trillion, and the average college graduate has $32,000 in student loans, going up every year. The Debt Collective argues that access to debt has masked stagnating wages and deepening inequality, and they join us with a call to action.
Documentarian Astra Taylor wrote the foreword for a new book written by the Debt Collective, Can’t Pay Won’t Pay: The Case for Economic Disobedience and Debt Abolition, and she joined us with New York Times writer E. Tammy Kim to discuss this informative and inspiring manifesto. With debt cancellation emerging as a key area of debate for the future and a catalyst of youth radicalization, Taylor considered the economic benefits of economic disobedience. Taylor and Kim highlighted critical historical precedents and clearly connect student debt to those debts tied to healthcare, fraudulent mortgages, payday loans, and incarceration. They presented an alternative to debt forgiveness—debt abolition—and urge us to recognize that together our debts make us powerful and that “you are not a loan.”
Astra Taylor is a documentary filmmaker, writer, and political organizer. She is the director, most recently, of What Is Democracy? and the author of Democracy May Not Exist, But We’ll Miss It When It’s Gone and the American Book Award-winning The People’s Platform: Taking Back Power and Culture in the Digital Age. She is co-founder of the Debt Collective, a union for debtors, and contributed the foreword to the group’s new book.
E. Tammy Kim writes for The New York Times, The New York Review of Books, and The New Yorker. She is a former attorney.
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Podcast: theAnalysis.news (LS 43 · TOP 1.5% what is this?)
Episode: Polarization, Then a Crash: Michael Hudson on the Rentier Economy
Pub date: 2020-12-24
Allied with landlords and monopolists, the finance sector is extracting economic rents from the economy that’s impoverishing US government, industry and labor says Michael Hudson discussing the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
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Podcast: Conversations: Race on the Rocks
Episode: King Cotton and the Rise of Plantation Capitalism with Dr. Kate Masur
Pub date: 2021-01-20
In today’s episode, I am delighted to have Dr. Kate Masur back with us for an honest and insightful discussion on the impact of slave labor. This impact was seen within the economy of the United States, but what impact did it have on those enslaved and those who were doing the enslaving? There is so much to unpack here and, thanks to our guest, we can have a better understanding of why cotton became the driver of American economic development and how slavery became the violent method of increasing productivity and profits.
Again, our guest today is Dr. Kate Masur. Kate is a history professor at Northwestern University. Most of her research investigates how Americans, north and south, grappled with the end of slavery and associated questions of racial equality. Her most recent book is Until Justice Be Done: America’s First Civil Rights Movement, from the Revolution to Reconstruction, which will be published in March of 2021.
We begin today with the relationship between the US’s capacity to grow cotton through slave labor and the rise of England’s mass production of textiles. But, through our discussion, we end with the morality of violence, abuse, and torture. It is a hard topic to think about, but it is part of our true story.
Show Notes: * [2:07] - In the previous episode, we ended with the image of a slave coffle. Craig describes where we left off with about 100 slaves being transported to new states in the Southwest territory. * [2:56] - Kate explains the relationship between the US’s capacity to grow cotton through slave labor and the rise of England’s mass production of fabric and textiles. * [4:25] - Craig shares how this relationship between the US and Great Britain was not part of his early education. Although they were portrayed as enemies, in fact they were both competing and collaborating with cotton being at the center of production. * [5:27] - The British were investing in the American economy in many different ways. Kate gives examples and describes the phenomenon of seemingly wealthy plantation owners on the verge of bankruptcy. * [6:45] - Kate says, “Another factor of this which we often don’t think about is the familiarity of a lot of the financial instruments that people relied on at that time.” During this time, planters had insurance policies on slaves that are similar to financial systems used to this day. * [9:16] - One of the aspects of the economic development of the American South is the question of banking and the availability of credit in the South. * [9:56] - Planters needed to deal with banks and middlemen to receive loans to buy seeds and slaves. Kate reminds us of the seasonality of the cotton enterprise. * [11:07] - Kate describes the complex nature of this financial system and how the planters were financially sophisticated. They were on the cutting edge of finances and agricultural technology of the time. * [12:13] - Craig shares that this aspect of the time period fascinated him as he revisited this topic as an adult. * [13:43] - Law had to be created for specific scenarios involving slaves, including what happens to them if the slave owner died and the status of a child born to a slave. * [14:37] - Maryland and Virginia became very self-sufficient in the sale of slaves and developed a very sophisticated slave trade market. Craig compares the system to that of selling and managing livestock. * [16:10] - There is a lot of evidence that slave owners did not understand slaves to be the same as livestock. Kate references a book called Soul by Soul by Walter Johnson that shows the human connection in this commodification. * [18:01] - The process of commodification is never complete. People simply do not comply with that and they’re always showing signs of their humanity and desires that they do not accept what is happening. * [19:05] - Eventually, cotton prices plummet and planters turn to their records and see their slaves as commodities to sell. Families were coldly split apart during this time. * [20:07] - Planters were invested in slaves and when the cost of feeding and clothing the enslaved people on their plantation exceeded the profit they were able to make off their labor, they sold them. * [21:29] - Another instance when slaves were put up for auction was when a slave owner died. Kate describes how this worked and how the sale of human beings became a way to pay off the debt of a deceased plantation owner. * [22:37] - Craig references the movie 12 Years a Slave and the sexual exploitation and code language in the female slave market. * [24:01] - There was a huge rise in cotton productivity that Craig explains was not due to agricultural technology, but instead through the use of extreme intimidation, cruelty, torture, and humiliation in slave labor. * [26:19] - Craig also shares a story and quotes the author about a slave owner who kept record of the productivity as a result of his torturing those who picked the cotton. * [28:02] - Slavery was founded on violence. Kate explains how you cannot own people and use them in the way they were being used without the use of violence. * [29:23] - Kate addresses the impact of this violence, not only on those who were enslaved, but on the owners as well. It was perverting of their morality and worldview. * [30:08] - Kate compares this system of violence as a volcano that slave owners were sitting on. They had tremendous power, but they were also afraid and vulnerable. * [31:07] - The abuser debases himself as he debases another person. This is applicable to present day, as Craig explains that our morality is perverted any time we treat another person as something beneath us. * [33:40] - It is hard to think about how white people used violence and torture of other human beings to increase productivity and profit. But since it is part of our true story, we need to learn to deal with it. * [34:51] - In next week’s episode we will continue our discussion, but will pivot to the conversation about our quest for justice as experienced in the Northern states, also with our guest Dr. Kate Masur.
Links and Resources: Connect with Craig:
- The Way of Love
- Craig's Sermon Podcast
More from Dr. Kate Masur
- About Kate Masur - Northwestern University
- Kate Masur on Twitter
- Until Justice Be Done: America’s First Civil Rights Movement From Revolution to Reconstruction by Kate Masur
- More books authored by Kate Masur
- “Yes, Wednesday’s attempted insurrection is who we are” Washington Post article by Kate Masur and Gregory Downs
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Podcast: The Political Life (LS 42 · TOP 1.5% what is this?)
Episode: "Men of Talents" - Lobbying Congress in the 19th Century
Pub date: 2021-01-18
This week on the show we have Dr. Daniel Peart, a Senior Lecturer in American History at Queen Mary University of London in the UK.
Daniel is the author of Era of Experimentation: American Political Practices in the Early Republic and Lobbyists & the Making of US Tariff Policy, 1816-1861. The latter was awarded an Honorable Mention in the British Association for American Studies 2019 Book Prize competition. His current project is a book on the development of the Speakership of the US House of Representatives from the First Congress to the Civil War. Part of that research has already appeared in an article in the US Capitol Historical Society's newsletter The Capitol Dome (no. 55, part 2), which you can read here.
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Podcast: Upstream (LS 52 · TOP 0.5% what is this?)
Episode: Ep 9: Debunking the Myth of Homo Economicus
Pub date: 2021-01-14
What do you see when you peek behind the curtains of neoliberal capitalism? What happens when you lift the veil off? Well, you see a mythological character. An apparition that haunts our collective consciousness. A spectre that permeates our institutions and that has epistemologically imprisoned us. Homo economicus.
The term Homo economicus, or economic man, is a core principle in mainstream economic thinking. It’s a portrayal of humans as being inherently rational, greedy, and self-interested.
We first got interested in the idea of Homo economicus when we started noticing a consistent barrier that many people have with the possibility of imagining a more just, solidaritistic, and sustainable economic future, stems from their assumptions about human nature. Time after time, we’ve heard — “But, humans are naturally selfish, so any system based on trust, equity, and true democracy would never work.”
Where did the idea of Homo economicus come from? Why is it so embedded in mainstream economic thinking? And most importantly, is it true? Are we Homo economicus? Or are we the opposite — kind, compassionate, altruistic beings whose good nature has been thwarted by a mistaken view of our own humanity? Or is the truth somewhere in between? These are some of the questions we will be exploring in this episode, “Debunking the Myth of Homo economicus.”
Featuring:
Bayo Akomolafe — Philosopher, author, professor, and organizer currently based in India
David Sloan Wilson — Evolutionary biologist and a Professor of Biological Sciences and Anthropology at Binghamton University in New York.
George Monbiot — Journalist and author of "Out of the Wreckage: A New Politics for an Age of Crisis"
Kate Raworth — Renegade economist and author of "Doughnut Economics"
Matt Christman — Co-host of the Chapo Traphouse podcast
Peter Fleming — Professor in organization theory and author of "The Death of Homo economicus"
Tom Crompton — Co-director of the Common Cause Foundation
Vas — Former economics student (Vas declined to provide her last name)
Yuan Yang — Founder of Rethinking Economics
Music by:
Haley Heynderickx American Football
Many thanks to Charlie Young for the cover art, as well as to Elle Bisgard Church, Lilly Datnow, and Emmanuel Brown for their research and support for this episode.
Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider making a tax-deductible donation to Upstream. Thank you! www.upstreampodcast.org/support
Support for this episode of Upstream was provided by The Guerrilla Foundation, supporting activists & grassroots movements to bring about major systemic change.
Additional support was provided by the Upstream Works Collaborative. Taking a systems approach to uplifting communities, they also go upstream to address the root causes of social, economic, and environmental injustices. Learn more at UpstreamWorks.org.
For more from Upstream, visit www.upstreampodcast.org and follow us on social media: Facebook.com/upstreampodcast twitter.com/UpstreamPodcast Instagram.com/upstreampodcast
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Podcast: China in the Americas (LS 28 · TOP 10% what is this?)
Episode: Debt and Discontent? Chinese Loans in the Caribbean
Pub date: 2021-01-10
In this episode I'll be chatting with Ruben Gonzalez-Vicente. He is a Lecturer at Leiden University in the Netherlands and studies China's relations in Latin America and the Caribbean. We chat about Chinese loan making in the Caribbean (with a particular focus on Jamaica) and the implications of the Belt and Road Initiative 一带一路 (BRI) for Caribbean development.
This is a theme that we will return to again in later episodes of the podcast and the discussion here sets a great foundation.
Ruben's Papers:
- Varieties of Capital and Predistribution: The Foundations of Chinese Infrastructural Investment in the Caribbean
- Make development great again? Accumulation regimes, spaces of sovereign exception and the elite development paradigm of China's Belt and Road Initiative
- Over Hills and Valleys Too: China's Belt and Road Initiative in the Caribbean
Ruben's Email: r.gonzalez.vicente@hum.leidenuniv.nl
Intro Music:
Looking For China by Bunji Garlin
Outro Music:
Stage Gone Bad by Kes & Iwer George
Follow me on Twitter: @rasheedguo
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Podcast: SochBichar
Episode: Breaking Out of Poverty Trap, Nobel Laureate Prof. Abhijeet Banerjee
Pub date: 2021-01-13
Tuesday, January 12, 2020 at 7:00 PM (PST)
Moderator: Dr. Nadeem ul Haque, VC PIDE
Speaker: Prof. Abhijit V. Banerjee
About Speaker:
Professor Banerjee is the recipient of the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, awarded jointly with Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty." Banerjee is a past president of the Bureau for the Research in the Economic Analysis of Development, a Research Associate of the NBER, a CEPR research fellow, International Research Fellow of the Kiel Institute, a fellow of the American Academy of Arts and Sciences and the Econometric Society and has been a Guggenheim Fellow and an Alfred P. Sloan Fellow. Professor Banerjee received the Infosys Prize 2009 in Social Sciences and Economics. In 2011, he was named one of Foreign Policy magazine's top 100 global thinkers. His areas of research are development economics and economic theory. Banerjee is a member of J-PAL's Executive Committee and previously served as co-chair of J-PAL’s Education Sector.
The podcast and artwork embedded on this page are from Nadeem Haque, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Lawyers, Guns & Money (LS 30 · TOP 10% what is this?)
Episode: LGM Podcast: Freedom From the Market
Pub date: 2021-01-12
For my latest author podcast, I was very happy to talk to Mike Konczal, economist and frequent writer on economic justice issues, about his new book Freedom from the Market: America’s Fight to Liberate Itself from the Grip of the Invisible Hand, published just this week by The New Press. The book explores the history of all the ways Americans have demanded and won freedom from market domination, going from the Homestead Act to Social Security to today’s demands for free college and Medicare for All. We discuss these issues, focus on a few historical figures you probably don’t know, and discuss how the neoliberal emphasis on market supremacy has done so much damage to the world and closed off even the language that we can ignore the idea of the “market,” which is so often talked about as a natural focus like gravity instead of something created and supported by government.
The podcast and artwork embedded on this page are from Lawyers, Guns & Money, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Politics Theory Other (LS 50 · TOP 0.5% what is this?)
Episode: #RedHacks - Economic journalism and the end of neoliberalism w/ Laurie Macfarlane
Pub date: 2020-12-19
In the final episode of the second season of #RedHacks Joana Ramiro speaks to Laurie Macfarlane about the necessity of an economic journalism that challenges the status quo.
The podcast and artwork embedded on this page are from Politics Theory Other, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Introduction to Political Economy (LS 25 · TOP 10% what is this?)
Episode: EP14 - Labour in the China Development Model ft. Ying Chen
Pub date: 2020-12-24
Pakistan's Prime Minister Imran Khan has repeatedly referred to China as the model for Pakistan to follow in pursuing economic growth and development, echoing development policy discussions about a "China model." From 1949 to 1978 China was "closed" for the most part to the world market under its socialist, planned economy model. But from 1978 on it adopted market-oriented reforms and opened up to the world, inviting foreign capital and becoming the global manufacturing hub. While the resulting economic growth raised incomes, it also sharply increased income inequality and took away many of the benefits that workers and farmers had under the planned economy. Is China's economic growth benefiting the majority of its population? How are workers faring? And does China offer a model that developing countries should or can follow?
I'm joined by Dr. Ying Chen, author of several analyses of China's labour markets and struggles, to discuss these questions.
Music by Zobu.
The podcast and artwork embedded on this page are from Noaman G. Ali, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: KPFA - Against the Grain (LS 47 · TOP 1% what is this?)
Episode: Labor, Race, and the South
Pub date: 2020-12-22
The failure to unionize the South, to organize Southern workers in the 1930s and ’40s on the basis of interracial worker solidarity, had momentous and enduring consequences for race relations and worker well-being in the U.S. as a whole. So argues Michael Goldfield [1], who in his latest book points to the marginalization of leftists within unions and federations like the CIO. (Encore presentation.)
Michael Goldfield, The Southern Key: Class, Race, and Radicalism in the 1930s and 1940s [2] Oxford University Press, 2020
[1] https://clasprofiles.wayne.edu/profile/aa2182 [2] https://global.oup.com/academic/product/the-southern-key-9780190079321?cc=us&lang=en&#
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Podcast: A Correction Podcast (LS 38 · TOP 2.5% what is this?)
Episode: Laleh Khalili on Shipping and Global Capitalism
Pub date: 2020-12-18
Laleh Khalili is professor of international politics at Queen Mary University of London and author of Sinews of War and Trade: Shipping and Capitalism in the Arabian Peninsula(Verso 2020), Heroes and Martyrs of Palestine (Cambridge 2007) and Time in the Shadows: Confinement in Counterinsurgencies (Stanford 2013).
Our next book club meeting will take place in early February. It will once again be hosted by Fiori Sara Berhane. We will (Zoom) meet in February (@ 7 pm EST) and will be reading Shapeshifters by Aimee Meredith Cox.
Sign Up HereIf you like the show please go to iTunes and give us a rating. It helps other people find A Correction. Thank you!
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Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Thirty Nine
Pub date: 2020-12-15
Sarvy, Carlos, Gerardo, and Scott discuss several recent additions to the literature in history of economic thought and methodology.
If you are interested in reading the papers discussed in this episode, here they are (unfortunately, some may be behind paywalls):
ADDRESSING THE AUDIENCE: PAUL SAMUELSON, RADICAL ECONOMICS, AND TEXTBOOK MAKING, 1967–1973
YANN GIRAUD
Journal of the History of Economic Thought, Volume 42, Issue 2
https://www.cambridge.org/core/journals/journal-of-the-history-of-economic-thought/article/abs/addressing-the-audience-paul-samuelson-radical-economics-and-textbook-making-19671973/C160BF7367B5A43F9B1B292A939904E2
A FACTORY AFIELD: CAPITALISM AND EMPIRE IN JOHN LOCKE'S POLITICAL ECONOMY
LUCAS G. PINHEIRO
Modern Intellectual History, Published Online October 1, 2020
https://www.cambridge.org/core/journals/modern-intellectual-history/article/abs/factory-afield-capitalism-and-empire-in-john-lockes-political-economy/FD6B1584129D54BCF6D64ACADD51B696
MICHAEL POLANYI’S NEUTRAL KEYNESIANISM AND THE FIRST ECONOMICS FILM, 1933 TO 1945
GÁBOR ISTVÁN BÍRÓ
Journal of the History of Economic Thought, Volume 42, Number 3
https://www.cambridge.org/core/journals/journal-of-the-history-of-economic-thought/article/abs/michael-polanyis-neutral-keynesianism-and-the-first-economics-film-1933-to-1945/3013E469C730D7A95B9E1715D9860E3A
JOHN MAYNARD KEYNES, H. G. WELLS, AND A PROBLEMATIC UTOPIA
PHILLIP W. MAGNESS AND JAMES R. HARRIGAN
History of Political Economy, Volume 52, Issue 2
https://read.dukeupress.edu/hope/article-abstract/52/2/211/151718/John-Maynard-Keynes-H-G-Wells-and-a-Problematic
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
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Podcast: The China in Africa Podcast (LS 48 · TOP 1% what is this?)
Episode: Why China's Cutting Back on Overseas Lending
Pub date: 2020-12-18
It's going to be much more difficult for countries in Africa and other developing regions to borrow money from China. New research from Boston University's Global Development Policy Center reveals a sharp drop in overseas lending by the country's two largest policy banks, from $75 billion in 2016 to just $4 billion last year.
After years of sometimes profligate lending, Chinese creditors are showing newfound discipline on what they finance.
Dr. Yan Wang, a senior visiting fellow at the Institute of New Structural Economics at Peking University, is among the world's leading experts in Chinese overseas development finance. She joins Eric & Cobus to discuss her latest research on the issue and why she thinks Beijing is now pulling back the reins on lending.
JOIN THE DISCUSSION:
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Twitter: @eolander | @stadenesque | @yanwang2005b
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Podcast: The OMFIF Podcast (LS 30 · TOP 5% what is this?)
Episode: In conversation with Michael Pettis: China’s economy and outlook
Pub date: 2020-12-10
Michael Pettis, professor of finance at Peking University’s Guanghua School of Management, joins Mark Sobel, US chairman of OMFIF, to discuss China’s macroeconomic outlook and the health of its financial system. They cover the future US-China relationship under President Joe Biden, the lasting impact of Donald Trump’s trade policies, and Chinese monetary and currency policy.
Music: https://www.bensound.com/royalty-free-music
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Podcast: The Sound of Economics (LS 32 · TOP 5% what is this?)
Episode: The geopolitics of money
Pub date: 2020-12-09
In this episode of the Sound of Economics, Paola Subacchi, Professor of international economics and chair of the advisory board of the Global Policy Institute at Queen Mary University of London, and Bruegel senior scholars Alicia García-Herrero and Michael Leigh join Giuseppe Porcaro for an age old discussion but with a twist.
They try to understand the geopolitical role of money, in other words, currencies and capital flows. While unconstrained capital flows cause afflictions of the global economy, the current debate on currencies is in fact driven by politics rather than economics, as Alicia argued in an opinion piece recently: Politics, not economics, demands a strengthened international role for the euro. What would the next US Treasury Secretary, Janet Yellen do on the dollar?
The podcast and artwork embedded on this page are from Bruegel, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The World Transformed (LS 26 · TOP 10% what is this?)
Episode: Corporate trade deals: A history of resistance #TWT20
Pub date: 2020-11-24
From chlorinated chicken to NHS drug prices, more and more people are discovering reasons to oppose the US trade deal. But this is hardly the first time that a neoliberal trade agenda has met with resistance. From the Seattle protests against the WTO, to the defeat of TTIP and the Free Trade Area of the Americas, the attempt to impose corporate trade deals has often created moments of crisis for the system. Join us to find out how we fit into this rich history of struggle.
With Nick Dearden & Luciana Ghiotto
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Podcast: Politics Theory Other (LS 50 · TOP 0.5% what is this?)
Episode: #103 Rentier Capitalism: Who Owns the Economy, and Who Pays for It? w/ Brett Christophers
Pub date: 2020-11-28
Brett Christophers joins PTO to talk about his new book, Rentier Capitalism: Who Owns the Economy, and Who Pays for It? We chatted about the extraordinary dominance of monopolistic rent-seeking in the UK economy, why the concept of rentierisation is more useful and accurate than the notion of financialisation when talking about the trajectory of the UK and world economies, and we also talked about how and why entrepreneurialism and competitiveness are values that are taken up far more by ordinary people in the labour market than by UK business.
You can listen to the extended version of the episode by becoming a £3 supporter on patreon:
https://www.patreon.com/posts/44326998
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Podcast: NYIH Conversations
Episode: A conversation with Caitlin Zaloom
Pub date: 2020-11-20
Caitlin Zaloom is a Professor of Social and Cultural Analysis at New York University. Her first book, Out of the Pits: Traders and Technology From Chicago to London, an ethnographic study of the international financial system, appeared in 2006. Her second book, Indebted: How Families Make College Work at Any Cost, was published in 2019.
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Podcast: Policy Punchline (LS 35 · TOP 5% what is this?)
Episode: Flash Crash: A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History
Pub date: 2020-11-23
Liam Vaughan’s newest book explores the “Flash Crash” that took place on May 6, 2010. In the span of five minutes, S&P fell 5% and a trillion dollars of valuation was wiped out. Within around 20 minutes, the markets picked back up and resumed to normalcy. The crash was later attributed to Navinder Sarao, or Nav, a London day trader who lives with his parents and trades from his bedroom.
In this interview, Liam joins Tiger and Michael to talk about this fastest drop in market history, Nav’s journey and involvement in the crash, the moral-ethical implications of his arrest, and some fundamental issues of financial markets and emerging tech that allowed such havoc to unfold.
Why should we care about an event that only lasted 20 minutes – shorter than 1/5 of the length of this podcast interview? Was the Flash Crash a Black Swan, perfect storm type of event, or an indicator of something larger such as an unstable trading ecosystem as we move towards automation? What are the definitions of these techniques like “spoofing,” “scalping,” or “high-frequency trading” that seemed to have contributed to an ever more automated financial market and the Crash?
“Nav had fine-tuned the system to the point where he could more or less nudge one of the world’s biggest markets around at will.” Do we now live in a world where it’s indeed possible for a single person, with enough drive and the help of a computer program, can cause such destructive effects on the global economy from their bedroom? If so, what does this mean for national security and general societal stability? Are things really that fragile? Nav is an extremely complex figure. In many ways, he has a number of admirable qualities - determination, single minded focus, mathematical brilliance and utter fearlessness - and yet many of his actions have been described as fraud. Even the way that he is named - by the nickname “Nav” or as the "Hound of Hounslow" (a clear reference to the Wolf of Wall Street) - seems in a somewhat positive or even charismatic manner. How should we view him? Does Liam admire him, see him as a man who committed criminal actions, or think of him as some combination of the two?
Futex, the firm Nav got his start at, was part of a new era of trading taking place in the digital realm as opposed to in-person trading pits. Nav’s strengths - single minded focus, mathematical brilliance, agility, and extreme risk taking - were particularly suited to this new digital trading and were emblematic of the new generation of traders. How has this broader change in personality type of traders impacted the world of finance? The fact that PhD mathematicians and data scientists are basically making more money than MBAs and corporate finance executives must reveal something quite profound about the direction our world is headed towards, right? Is there anything that we could do to deter this kind of behavior for future traders? Regulators seem to be always behind the financial practitioners because the best talents are much more financially incentivized to work for a quant trading firm than for the SEC or CFTC. Is there any way to fix this dead loop and reinvigorate talents within government agencies?
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Podcast: Policy Forum Pod (LS 38 · TOP 2.5% what is this?)
Episode: The wellbeing economy: universal basic income with Guy Standing
Pub date: 2020-11-20
On the third episode in our special mini-series on the wellbeing economy, Arnagretta Hunter and Sharon Bessell are joined by Guy Standing, economist and author of The Precariat: The New Dangerous Class.
With more and more people being forced into insecure work, many are calling for a more lasting solution for precariousness. One often-suggested solution is a ‘universal basic income’, so what might be the benefits of this concept? What policy settings might be needed to make such a scheme successful? And how do political systems that are so focused on jobs and economic growth create space for change? On this episode - the third in our special mini-series on the wellbeing economy - renowned economist Dr Guy Standing joins Professor Sharon Bessell and Dr Arnagretta Hunter to discuss work, basic income, and how some of the economic structures developed in the last century may no longer be in our best interests.
If you or anyone you know needs help, you can contact Lifeline on 13 11 14 [http://www.lifeline.org.au/] and Beyond Blue on 1300 22 46 36 [https://www.beyondblue.org.au/].
Guy Standing is a Professorial Research Associate at SOAS University of London and a founding member and honorary co-president of the Basic Income Earth Network, a non-governmental organisation that promotes a basic income for all.
Sharon Bessell is Professor of Public Policy and Director of Gender Equity and Diversity at Crawford School of Public Policy at The Australian National University (ANU).
Arnagretta Hunter is a cardiologist, physician, and a Senior Clinical Lecturer for ANU Medical School.
Policy Forum Pod is available on Acast, Apple Podcasts, Spotify, Stitcher, Subscribe on Android or wherever you get your podcasts. We’d love to hear your feedback for this podcast series! Send in your questions, comments, or suggestions for future episodes to podcast@policyforum.net. You can also Tweet us @APPSPolicyForum or join us on the Facebook group.
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Podcast: New Books in Political Science (LS 40 · TOP 2% what is this?)
Episode: Adam Kotsko, "Neoliberalism's Demons: On the Political Theology of Late Capital" (Stanford UP, 2018)
Pub date: 2020-11-25
It’s hard to avoid conversations about ‘neoliberalism’ these days. The meaning of the term—indeed its very existence—is hotly contested. Adam Kotsko argues in Neoliberalism’s Demons: On the Political Theology of Late Capital (Stanford University Press, 2018) that self-denial is part of the mystifying agenda of neoliberalism itself. Not only is neoliberalism real, it’s the defining ethos of modernity.
Neoliberalism’s Demons posits we can best understand neoliberalism through the lens of political theology. Kotsko challenges the dichotomy of economics and politics, suggesting that neoliberalism permeates and unites these two. It does so by importing the moral schema of Christianity which creates the conditions for failure for the express purpose of assigning blame to those who fail. Neoliberalism’s Demons is a concise and persuasive account of the political, economic, and moral universe we inhabit, and is therefore essential reading for anyone who seeks to understand their own condition.
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Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Thirty Eight
Pub date: 2020-11-15
Carlos, Sarvy, and Gerardo speak with Ryan Walter, Associate Professor at the University of Queensland. Topics include Professor Walter's work on the meaning and significance of classical economics and political economy, the historiography of intellectual history, and his own experience as a podcaster.
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
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Podcast: Fully Automated (LS 31 · TOP 5% what is this?)
Episode: Episode 28: The New Economic Governance,’ with Vanessa Bilancetti
Pub date: 2020-11-16
Welcome to another episode of Fully Automated!
Today, we’re bringing you an interview with Dr. Vanessa Bilancetti, Lecturer in Political Sociology at UniNettuno University, in Rome. Vanessa is one of those rare scholars who can bring together Foucault and Marx, and apply them both to the interesting empirical questions of our time. In this episode, she’ll be talking with us about how we can approach their scholarship as a toolbox for analyzing European Governmentality in the context of post-financial crisis political economy.
Vanessa’s research interests include the European Union, financialisation, feminist political economy and critical European studies. I had the good fortune of meeting Vanessa at an online conference this summer, held by the Critical Political Economy Research Network. Vanessa was presenting a paper, called ‘How to study the commodification of social services following a gender perspective.’ Between sessions, we got talking about Foucault and how he is used in political economy, and I found Vanessa’s take on the inherent compatibilities between Foucault and Marx to be really interesting. She later sent me some of her research, which I read, and .. well, that’s when I decided I had to have her on for an interview!
Vanessa is an advocate of allowing the methods of Foucault with that of what she calls, “an anti-essentialist Marxism and a critical feminist political economy approach.” So, in this interview you’re going to hear me ask her to elaborate on that. We’re also going to talk about the case studies she presents in her published work, on the European Fiscal Compact. I’m very grateful to Vanessa for coming on the show, and I hope you enjoy the conversation.
Before I sign off here, just wanted to thank everyone who shared and commented on last week’s “special commentary episode” on the prominence of the K-Hive, in academia. Hope to do more of those “essay”-style pods, in the future.
We never ask for money for this show. However, if you enjoy it, please feel welcome to leave a rating on Apple Podcasts, or the podcast app of your choice. The ratings help improve the standing of the show, and help me book future guests for the show!
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Podcast: PERC Podcasts
Episode: PERC Podcast with Lisa Adkins and Martijn Konings - The Asset Economy
Pub date: 2020-11-12
PERC director Will Davies is joined by Lisa Adkins and Martijn Konings to discuss their recently published book 'The Asset Economy' (co-authored with Melinda Cooper).
The podcast and artwork embedded on this page are from PERC Goldsmiths, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Macro N Cheese (LS 43 · TOP 1.5% what is this?)
Episode: The Public Banking Act with Rohan Grey
Pub date: 2020-11-07
On October 31st, Rohan Grey posted a 31-part Twitter thread about Rashida Tlaib’s and Alexandria Ocasio Cortez’s new Public Banking Act, which he helped craft. We immediately reached out and arranged for Steve to interview him, ending up with not one, but two episodes of Macro N Cheese. This week he answers our questions about the Public Banking Act. Next week he and Steve will venture into the swampland of politics. By the time the episode airs the election will truly - finally - be over. So, has anything changed? How does Rohan see the road going forward? But back to the Public Banking Act…
"It's long past time to open doors for people who have been systematically shut out and provide a better option for those grappling with the costs of simply trying to participate in an economy they have every right to—but has been rigged against them," Tlaib said in a statement. "The COVID-19 pandemic has also plunged city and state governments into a financial crisis unlike any other they've ever experienced—and public banks could offer a much more tenable option for dealing with their debts at a time when they need it most.” -- Newsweek
Instead of attempting to describe this interview, we’re going to let Rohan’s Twitter thread speak for itself:
*First, some big picture comments about the bill
a) It does not create any new public banks. Rather, it enables & encourages the creation of public banks by establishing a comprehensive federal regulatory framework, grant programs, & supporting financial infrastructure.
b) It is designed to foster state & local public banks, not establish a federal public bank. In contrast to the federal govt, which issues the $US dollar, state & local govts face unique financial & monetary constraints that public banks can help alleviate.
c) It complements, rather than competes with, other progressive financial reforms, such as postal banking, FedAccounts, & eCash (on latter, see @RashidaTlaib’s #ABCAct). Together, they envision a new financial system that serves the people & promotes public purpose.
d) It does not make the mistake of treating public banks as an alternative to/substitute for federal spending & investment. Rather, it provides “top-down” support for “bottom-up” local initiatives, even while recognizing the critical need for more direct federal action.
e) Finally, it does not take a one-size-fits-all approach to the kinds of public banks eligible for federal support. Rather, it accommodates a wide variety of institutional structures and activities, from basic payments to consumer lending to public investment.
Okay, now let’s look at what the bill says...*
The rest of the thread is published as an article on Real Progressives website. If you listen to Macro N Cheese on the website, don’t miss the EXTRAS section for each episode. This week it’s full of links leading to the complete text of the Public Banking Act, press releases, and articles.
Rohan Grey is an Assistant Professor of Law at Willamette University, the president of the Modern Money Network, and a director of the National Jobs for All Network. His research focuses on the law of money in the internet society.
modernmoneynetwork.org/
@rohangrey on Twitter
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Podcast: Hagley History Hangout
Episode: AMERICAN FAIR TRADE: THE 'NEW COMPETITION,' 1890–1940 with Laura Phillips Sawyer
Pub date: 2020-11-10
AMERICAN FAIR TRADE: PROPRIETARY CAPITALISM, CORPORATISM, AND THE 'NEW COMPETITION,' 1890–1940
Roger Horowitz interviews Laura Phillips Sawyer about her recent book, American Fair Trade: Proprietary Capitalism, Corporatism, and the 'New Competition,' 1890–1940 (Cambridge University Press, 2018). Phillips Sawyer, an associate professor at University of Georgia Law School, used the Chamber of Commerce of the United States collection at Hagley in her research.
In American Fair Trade, Laura Phillips Sawyer argues that American small businesses created an influential fair trade movement in the early twentieth century. These firms formed trade associations to lobby and litigate to reshape competition policy to their benefit. Fair trade arguments borrowed from progressive law and economics, demonstrating a persistent concern with market fairness - not only fair prices for consumers but also fair competition among businesses. Proponents of fair trade collaborated with regulators to create codes of fair competition and influenced the administrative state's public-private approach to market regulation. Early New Deal partnerships in planning borrowed from those efforts to manage competitive markets, yet ultimately discredited the fair trade model by mandating economy-wide trade rules that sharply reduced competition. These efforts to reconcile the American tradition of a well-regulated society with the legacy of Gilded Age of laissez-faire capitalism produced the modern American regulatory state.
For more Hagley History Hangouts, go to: www.hagley.org/hhh
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Podcast: Strelka Institute
Episode: TTF Series: Nick Srnicek on Basic Income
Pub date: 2020-11-09
Nick Srnicek is a Canadian writer, academic, lecturer in digital economy at King's College London, and The Terraforming expert at Strelka. He is the author of Platform Capitalism (Polity, 2016) and co-author of Inventing the Future (Verso, 2015 with Alex Williams). In this episode, Nick is interviewed by Valentin Diaconov, a Moscow-based curator and art critic. They sit down to talk about the future of work, wage labor, and the most successful experiments with basic income.
There is just one day left to join The Terraforming design research program! Find out more and apply: https://theterraforming.strelka.com
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Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: J. A. Delton, "The Industrialists: How the National Association of Manufacturers Shaped American Capitalism" (Princeton UP, 2020)
Pub date: 2020-11-02
Historians often portray the National Association of Manufacturers (NAM) as a conservative force in debates over free enterprise, battles against unions and government regulation, and the rise of capitalism in the United States. In The Industrialists: How the National Association of Manufacturers Shaped American Capitalism(Princeton UP, 2020), Jennifer Delton (Professor of History at Skidmore College) provides a comprehensive and nuanced political history. Delton focuses on the conservative policy goals of the organization but also its surprisingly progressive tactics and internal conflicts such as welcoming women and workers with disabilities, supporting the UN, embracing aspects of cosmopolitanism, and supporting the ERA, Civil Rights Act, and aspects of affirmative action. Delton deftly identifies the wider economic, ideological, and institutional concerns that drove NAM actors. As the book interrogates how the National Association of Manufacturing did – and did not – work, NAM emerges as a capitalist modernizer. She examines 125 years of massive change in American economic policy with the NAM at its center in order to interrogate manufacturing’s role in the development of capitalism at home and abroad – with implications for how we understand neoliberalism – especially liberal internationalist tendencies. Delton argues that liberal internationalism (associated often with Woodrow Wilson) can be seen as a crucial step toward the international institutions favored by post World War II European neoliberals.
The book is divided into three parts. Part one traces the ascent and reorganization of industrial manufacturing from the 1890s to 1940. Part two highlights manufacturing’s dominance in US society and the world (1941-1980) as the US lowered tariffs and pursued free trade. The share of GDP peaked in 1953 when manufacturing represented 25.8% of domestic production. Part three treats the decline in manufacturing (beginning in 1960) and emphasizes deindustrialization, globalization, and the disintegration of the large multidivisional corporations in the 1990s.
The book investigates how the globalizing impulse of neoliberalism played out historically in 20th century US politics – more specifically, how liberal internationalist ideas that were promoted by Democrats and antithetical to traditional political conservativism came to be espoused by the Republican party. Delton writes that “this is especially relevant now, as the current head of the Republican party [President Donald Trump, Republican] seems to be undoing the work of neoliberalism and liberal internationalists alike.” NAM’s history helps explain the bipartisan support for economic internationalism, freer trade, and what would later be called neoliberalism, even before the Cold War and Reagan, and even as voters (and Congress) remain extremely divided about these issues. The story of the NAM is full of contradictions, but The Industrialists deftly tracks them all, contextualizing the impacts on the national and global economy.
In the podcast, Dr. Delton describes how the NAM archive was shaped by professional staff members – particularly one woman – whose views departed from NAM leaders. The referenced article, “Who Tells Your Story: Contested History at the NAM” is here.
Benjamin Warren assisted with this podcast.
Susan Liebell is associate professor of political science at Saint Joseph’s University in Philadelphia. She is the author of Democracy, Intelligent Design, and Evolution: Science for Citizenship (Routledge, 2013) and, most recently, “Retreat from the Rule of Law: Locke and the Perils of Stand Your Ground” in the Journal of Politics (July 2020). Email her comments at sliebell@sju.edu or tweet to @SusanLiebell.
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Podcast: theAnalysis.news (LS 43 · TOP 1.5% what is this?)
Episode: Financialization and Deindustrialization – Michael Hudson
Pub date: 2020-11-02
Trump’s economic policies have not addressed the fundamental forces that have gutted industrial jobs under the administrations of both parties, says economist Michael Hudson on theAnalysis.news podcast with Paul Jay.
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Podcast: Financial Recovery from Covid 19
Episode: Opening The Black-Box of The Household
Pub date: 2020-10-29
Financial Recovery from Covid 19 Presented by EIS at King’s College LondonThis limited podcast series is presented by the EIS at King’s College London, examines innovative ideas that can bring financial recovery from Covid19 – concentrating households’ financial stability and offering debt relief for those suffering Covid19 induced hardship. Featuring the latest research from the Department of European and International Studies (EIS) at King’s.
In this episode, we explore the research outputs from the ‘Opening the black-box of the household’ (ESRC grant #ES/R00787X/1) a research pilot project funded by the Rebuilding Macroeconomics Institutions Hub.
Research:
Department of European & International Studies, EIS. ‘Opening the black-box of the household’ project: Rebuilding Macroeconomics Institutions Hub: Rebuilding Macroeconomics Network Grant #: ES/R00787X/1 The Book:
Should We Abolish Household Debt? Polity Press. Contributors and affiliations: Dr. Johnna Montgomerie, Reader in International Political Economy at King’s College London and Principal Investigator of ‘Opening-up the black box of the household’. Dr. Ryan Davey, Lecturer in Social Anthropology at Cardiff University Dr. Mareike Beck, Leverhulme Early Career Fellow at King’s College London Dr. James Wood, Teaching Associate in Political Economy and part of the Fellowship at Trinity Hall at Cambridge University,
Professor Gary Dymski, Professor of Applied Economics at the Leeds University Business School.
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Podcast: The Sound of Economics (LS 32 · TOP 5% what is this?)
Episode: Demography and globalisation: reversing trends
Pub date: 2020-10-21
In this episode of The Sound of Economics, we invite Charles Goodhart and Manoj Pradhan to talk about their most recent book: 'The Great Demographic Reversal’. They argue that trends in demography and globalisation, especially the stunning rise of China combining both, have greatly weakened labour bargaining power and led to subsequent disinflation, inequality and falling interest rates. But just as these demographic and globalisation trends are now reversing, labour bargaining power will rise again, bringing with it more inflation, less inequality and rising interest rates. The coronavirus pandemic will only accelerate this reversal.
Bruegel scholars Maria Demertzis and Guntram Wolff join the authors for a conversation on ageing societies, waning inequality, as well as an inflation revival.
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Podcast: Political Economy Podcast
Episode: 9. "Great Transformations" - by Mark Blyth
Pub date: 2020-10-26
Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century by Mark Blyth
(Cambridge University Press, 2002)
How economic ideas were used to restrict markets in the first half of the 20th century, in order to embed them in social institutions and state structures. The New Deal era in the USA, and the construction of the Social Democratic welfare states in Sweden and elsewhere in Europe. How markets were then in turn disembedded from social and state constraints in both places, based on economic ideas, as well as generous financing for pro market economists, think tanks and media.
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Podcast: Rethinking Development Podcast (LS 32 · TOP 5% what is this?)
Episode: 3.9 Political Economy of Development
Pub date: 2020-10-28
Noaman Ali is currently Assistant Professor of Political Science at the Lahore University of Management Sciences in Pakistan. His research and teaching concerns the political economy of development. His current research examines rural class struggle, land reforms and sub national state formation in Pakistan, through a case study of the Frontier peasant movement in the former North West Frontier Province, led by the Mazdoor Kisan party in the 1970s. His work is interdisciplinary, bringing a historical and ethnographic sensibility to the study of political science. More broadly, he is interested in social movements, rural politics, state and non state power, agrarian and industrial policy, development states and political economy in general. He speaks to us about:
- interrogating power relationships and class differentiations
- decoupling development from economic growth
- redefining development as giving political power to the powerless
- structural transformations and the role of international financial institutions
- debt and capitalist logic
- incrementalism
- the unconscious class bias of development practitioners
- the NGO/development agency industrial complex
- the negative impact of green revolution technologies
- the importance of social movements - and much more!
He joins us from Toronto, Canada.
Support the show (https://www.patreon.com/rethinkingdevelopment)
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Podcast: New Books in Gender (LS 37 · TOP 2.5% what is this?)
Episode: Alexandra J. Finley, "An Intimate Economy: Enslaved Women, Work, and America’s Domestic Slave Trade" (UNC Press, 2020)
Pub date: 2020-10-16
Alexandra J. Finley is the author of An Intimate Economy: Enslaved Women, Work, and America’s Domestic Slave Trade, published by the University of North Carolina Press in 2020. An Intimate Economy examines the history of American slavery and capitalism by foregrounding women’s labor in the Antebellum slave trade. Finley explores a variety of topics included, domestic, reproductive, and sexual labor enslaved and free Black women performed at various points in the slave trade. This work adds to our knowledge on how central women were to the extension and growth of the domestic slave trade throughout the Antebellum period.
Alexandra J. Finley is an Assistant Professor of History at the University of Pittsburg.
Derek Litvak is a Ph.D. student in the department of history at the University of Maryland.
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Podcast: Policy Punchline (LS 35 · TOP 5% what is this?)
Episode: The Code of Capital: How the Law Creates Wealth and Inequality
Pub date: 2020-10-13
Katharina Pistor is Edwin B. Parker Professor of Comparative Law and the director of the Center on Global Legal Transformation at Columbia University. Her most recent book, "The Code of Capital: How the Law Creates Wealth and Inequality," examines how assets such as land, private debt, business organizations, or knowledge are transformed into capital through contract law, property rights, collateral law, and trust, corporate, and bankruptcy law. "The Code of Capital" was named one of the best books of 2019 by the Financial Times and Business Insider. She is a leading scholar and writer on corporate governance, money and finance, property rights, comparative law, and legal institutions.
There is no shortage of books explaining issues of inequality in 2020, but they fail to address some of the more fundamental questions about the genesis of capital: How is wealth created in the first place? And, relatedly, why does capital often survive economic cycles and shocks that leave so many others adrift, deprived of the gains they had made earlier? “The Code of Capital” seeks to uncover the relationship between capital and law and the impacts such a relationship has on inequality.
The legal code took tangible and illiquid assets, such as land, and made them into intangible and liquid assets, such as patents, copyrights, and securities. Prof. Pistor explains the essential properties of assets in order to be transformed into capital: priority, durability, universality, and convertibility. How have these modules influenced the code and the nature of capital over the centuries?
Underpinned by the wave of globalization and financialization since the 1980s, derivatives, collaterals, trusts, and many other forms of institutions and instruments emerged, and lawyers could easily pick the laws and legal systems for each specific client in order to protect their capital. The status quo legal structure engenders inequality, and reforms are desperately needed.
Insightfully, Prof. Pistor wrote that “what makes the concepts of capital and capitalism so confusing is that the outward appearance of capital has changed dramatically over time, as have the social relations that underpin it.” It’s much easier for one to understand how the physical and intangible representations of capital have transformed over the centuries, but much harder to realize that there are social relations embedded within capital.
Here, we try to define such social relations, and we go in depth explaining the views on capital and capitalism by two intellectuals – Karl Marx and Karl Polanyi. Marx explained the commodification process of goods and labor, while Polanyi disagreed with Marx about classifying them as commodities.
In his famous book “The Great Transformation,“ Polanyi talked about this important concept of “social embeddedness.” He wrote the book between 1940 and 1944 and believed that the market economy had to be socially embedded. Even Piketty devoted huge paragraphs in his book ”Capital & Ideology” to explain Polanyi’s vision: “In the case of the labor market, this meant that wage setting, worker training, limits on labor mobility, and collectively financed wage supplements were all matters to be settled by social and political negotiation outside the sphere of the market.” How would Prof. Pistor characterize the legal embeddedness of markets? Or the social/financial embeddedness of the legal system?
Lastly, we also touch on digital and cryptocurrency and the political theory of money. In Prof. Pistor’s article “Facebook’s Libra Must Be Stopped,” she wrote that “Facebook has now unveiled a cryptocurrency and payment system that could take down the entire global economy.” Why does she think that one new digital currency could wreak havoc on the international economy? What’s Facebook and Libra’s plan? How can we respond to the Libra threat? Here, we also cite Georgetown Professor Stefan Eich’s fascinating works in political theory of money.
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Podcast: This Is Hell! (LS 57 · TOP 0.5% what is this?)
Episode: 1244: Toward mass debt resistance / Thomas Gokey
Pub date: 2020-10-14
The Debt Collective's Thomas Gokey on their new book "Can't Pay, Won't Pay: The Case for Economic Disobedience and Debt Abolition" via Haymarket Books.
https://www.haymarketbooks.org/books/1520-can-t-pay-won-t-pay
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Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 44 · TOP 1.5% what is this?)
Episode: #69 Scott Ferguson & Maxx Seijo: The Choreographers Of Credit
Pub date: 2020-10-11
Patricia and Christian talk to the hosts of Money On The Left podcast Maxx Seijo and Scott Ferguson about mesoeconomics and the Uni Currency Project.
Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
Money On The Left Podcast: https://mronline.org/money-on-the-left/
Superstructure Podcast: https://podcasts.apple.com/us/podcast/superstructure/id1509809243
For an intro to MMT, listen to our first three episodes: https://www.patreon.com/posts/41742417
Scott on Twitter: https://twitter.com/videotroph
Maxx on Twitter: https://twitter.com/MaxSeijo
Our episode 17 with Scott on MMT and Marxism: https://www.patreon.com/posts/41806295
The Uni Currency Project: Democratic Finance for Public Higher Education After COVID-19: http://www.global-isp.org/working-paper-no-128/
More on Mesoeconomics: https://en.wikipedia.org/wiki/Mesoeconomics
Warren Mosler on the Buckaroo in our episode 20: https://www.patreon.com/posts/28004824
Warren writing on the Buckaroo:
http://moslereconomics.com/2011/09/19/the-umkc-buckaroo-a-curreny-model-for-world-prosperity/
More on the Denison Dollar: https://www.youtube.com/watch?v=vSQ6POEV86U
Our episode 43 with Sam Levey on understanding endogenous money: https://www.patreon.com/posts/35073683
Transcript for opening monologue: https://www.patreon.com/posts/42552817
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Podcast: David Harvey's Anti-Capitalist Chronicles (LS 56 · TOP 0.5% what is this?)
Episode: Stock Market Booms While Americans Face Economic Disaster
Pub date: 2020-10-08
On this episode of David Harvey's Anti-Capitalist Chronicles, Prof. Harvey talks about the economic uncertainty Americans are experiencing: job loss, indebtedness, inflation. The stock market is flourishing, but only the top 10-20% of the US population have investments and are benefitting from the boom. The majority of Americans are left with little to no support and very little access to food and basic services. Harvey predicts the situation will worsen in the next months. Washington's political gridlock means no real change can be expected.
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Podcast: This Is Hell! (LS 57 · TOP 0.5% what is this?)
Episode: 1239: Breaking up monopolies / Rory Van Loo
Pub date: 2020-10-06
Legal scholar Rory Van Loo on antitrust law, the politics of monopoly-busting and his paper "In Defense of Breakups: Administering a 'Radical' Remedy."
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3646630#
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Podcast: The Taxcast (LS 38 · TOP 2.5% what is this?)
Episode: 'Competition' is killing us
Pub date: 2020-09-24
In this episode:
How a competition lawyer's eyes were opened to the dangers of letting companies get too big and form monopolies which act against our interests. We talk to Michelle Meagher about her book just out: Competition is Killing Us: How Big Business is Harming Our Society and Planet - and What To Do About It.
Plus: not everything is bad news at the moment! We look at the revival of support and progress on financial transactions taxes in New York, some slow advances in the EU on multinationals publishing their accounts, and the significance of the latest leaks revealing corruption in major global banks, the FinCEN Files
Transcript available here (not 100% accurate)
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Podcast: SOF/Heyman Podcasts
Episode: Adam Reich and Peter Bearman's Working for Respect: Community and Conflict at Walmart
Pub date: 2020-09-30
New Books at SOF/Heyman: a podcast featuring audio from events at Columbia University, and interviews with the speakers and authors.
Walmart is the largest employer in the world. It encompasses nearly 1 percent of the entire American workforce—young adults, parents, formerly incarcerated people, retirees. Walmart also presents one possible future of work—Walmartism—in which the arbitrary authority of managers mixes with a hyperrationalized, centrally controlled bureaucracy in ways that curtail workers’ ability to control their working conditions and their lives.
In Working for Respect, Adam Reich and Peter Bearman examine how workers make sense of their jobs at places like Walmart in order to consider the nature of contemporary low-wage work, as well as the obstacles and opportunities such workplaces present as sites of struggle for social and economic justice. They describe the life experiences that lead workers to Walmart and analyze the dynamics of the shop floor. As a part of the project, Reich and Bearman matched student activists with a nascent association of current and former Walmart associates: the Organization United for Respect at Walmart (OUR Walmart). They follow the efforts of this new partnership, considering the formation of collective identity and the relationship between social ties and social change. They show why traditional unions have been unable to organize service-sector workers in places like Walmart and offer provocative suggestions for new strategies and directions. Drawing on a wide array of methods, including participant-observation, oral history, big data, and the analysis of social networks, Working for Respect is a sophisticated reconsideration of the modern workplace that makes important contributions to debates on labor and inequality and the centrality of the experience of work in a fair economy.
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Podcast: Uncommons with Nate Erskine-Smith (LS 39 · TOP 2% what is this?)
Episode: People, power, and profits with Joseph Stiglitz
Pub date: 2020-10-03
Professor Joe Stiglitz is a Nobel Prize winning economist, former chief economist at the World Bank, and former chairman of the US president's Council of Economic Advisers.
He's also a profilic author. He's recently co-written a report that makes the case for a green recovery, he's a leading voice for both measuring success differently and addressing inequality, and his most recent book, People, Power, and Profits, makes the case for a progressive agenda to save capitalism from itself.
In this episode, Professor Stigltiz joins Nate to discuss deficit spending, a green recovery, income and wealth inequality, and how we mismeasure our lives.
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Podcast: At The Margin (LS 33 · TOP 5% what is this?)
Episode: #32: Pirates, Ransom & Kidnap - Prof. Anja Shortland (King's College London)
Pub date: 2020-09-29
Today’s guest is Anja Shortland, Professor In political economy at King’s College London. Prof. Shortland does some really interesting work on the economics of crime and will speak to us today about the economic dynamics at play in hostage situations. Yes, that's correct – today’s episode is on the economics of kidnapping!
Prof. Shortland has a book entitled "Kidnap" that I would recommend if you would like to learn more about this topic.
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Podcast: Book(ish) with George Dimarelos (LS 37 · TOP 2.5% what is this?)
Episode: Fossil Capital: angels in Paris, honouring your forefathers and the return of Marxism with Liz Conor
Pub date: 2020-09-29
This week on Book(ish) I sit down with Associate Professor of History at La Trobe University Liz Conor to discuss Fossil Capital by Andreas Malm. It was a very interesting conversation, ranging over a marxist revision of the industrial revolution, using spectacle activism to get attention and the interesting link between certain convicts and their distant descendant.
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Podcast: Labor History Today (LS 24 · TOP 10% what is this?)
Episode: “Despotism on Demand”
Pub date: 2020-09-27
Sociologist Alex Wood on the history of the relationship between bosses and workers and how that’s playing out in the age of COVID-19. On Labor History in 2: The Wreck of The Old ‘97.
Produced and edited by Chris Garlock. To contribute a labor history item, email laborhistorytoday@gmail.com
Labor History Today is produced by the Metro Washington Council’s Union City Radio and the Kalmanovitz Initiative for Labor and the Working Poor at Georgetown University. We're a proud founding member of the Labor Radio Podcast Network, 70+ shows focusing on working people’s issues and concerns. #LaborRadioPod
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Podcast: POMEPS Middle East Political Science Podcast (LS 31 · TOP 5% what is this?)
Episode: Cleft Capitalism: A Conversation with Amr Adly (S. 9, Ep. 3)
Pub date: 2020-09-17
Amr Adly talks about his latest book, Cleft Capitalism: The Social Origins of Failed Market Making in Egypt, with Marc Lynch on this week’s podcast. The book explores why market-based economic development failed to meet expectations in Egypt.
“The main argument is that we have three business systems in Egypt in reference to rules formal as well as informal and mixes of the two, according to which different business establishments have been operating. And the crucial thing really is how their access to physical and financial capital has been regulated.”
“The main point here is that the vast majority of private establishments, the ones that are strictly owned by private individuals, have suffered from a chronic under structuring under capitalization when it comes to access to back credit given of course the structure of the financial system in Egypt, which is very much bank-based, as well as access to land.”
"One of the problems here is that you have a banking system in Egypt that is still very much controlled by the state. You have very large state-owned banks that still hold up something between one-third and forty percent of the total assets of the banking system. Despite rounds of privatization and liberalization and even without this crucial factor of the direct state ownership of the big banks, you have state regulation that is both formal as well as informal. All of these networks that have historically tied state-owned enterprises and then later on private businesses that are like crony businessmen that have been related to the successive ruling regimes in Egypt, all of these have created a regulatory environment that made it extremely hard for those who lack either initial capital or political and social capital.
Amr Adly is an assistant professor in the department of political science at The American University in Cairo. He worked as a non-resident scholar at the Carnegie Middle East Center. He has also worked as a project manager at the Center on Democracy, Development, and the Rule of Law at Stanford University, where he was a postdoctoral fellow. Adly received his Ph.D. from the European University Institute in Florence. He is also the author of State Reform and Development in the Middle East: The Cases of Turkey and Egypt (Routledge, 2012).
Music for this season's podcast was created by Feras Arrabi. You can find more of his work on his Facebook (https://www.facebook.com/ferasarrabimusic)and Instagram (https://www.instagram.com/feras.arrabi/)page.
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Podcast: Political Economy Forum (LS 32 · TOP 5% what is this?)
Episode: #4 - The End of Capitalism? - w/ Victor Menaldo
Pub date: 2020-09-23
In this episode, Professor Victor Menaldo and Nicolas Wittstock discuss Capitalisms historical trajectory and the pathbreaking economic expansion of the last 250 years as well as concerns over the current economic performance of industrialized economies.
The conversation mentions works by Deirdre McCloskey, James Bessen, Robert Gordon, Haber and Calomiris, Ronald Coase as well as Daron Acemoglu.
Produced by Nicolas Wittstock
Any questions or feedback, please contact uwpoliticaleconomy@gmail.com
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Podcast: New Books in Intellectual History (LS 38 · TOP 2.5% what is this?)
Episode: Jessica Whyte, "Morals of the Market: Human Rights and the Rise of Neoliberalism" (Verso, 2019)
Pub date: 2020-09-08
Drawing on detailed archival research on the parallel histories of human rights and neoliberalism, in Morals of the Market: Human Rights and the Rise of Neoliberalism (Verso), Jessica Whyte uncovers the place of human rights in neoliberal attempts to develop a moral framework for a market society.
In the wake of the Second World War, neoliberals saw demands for new rights to social welfare and self-determination as threats to “civilisation”. Yet, rather than rejecting rights, they developed a distinctive account of human rights as tools to depoliticise civil society, protect private investments and shape liberal subjects.
Jessica Whyte is Scientia Associate Professor of Philosophy at the University of New South Wales. She has published widely on human rights, humanitarianism, sovereignty and war. She is author of Catastrophe and Redemption: The Political Thought of Giorgio Agamben, (SUNY 2013) and The Morals of the Market: Human Rights and the Rise of Neoliberalism (Verso, 2019) and an editor of Humanity: An International Journal of Human Rights, Humanitarianism and Development. More of her research is available here: https://unsw.academia.edu/JessicaWhyte
Dr Alexandra Ortolja-Baird is a visiting researcher at the British Museum and teaches Digital Humanities at University College London.
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Podcast: Trade Talks (LS 52 · TOP 0.5% what is this?)
Episode: 138. Trade and the worst financial crisis of the century—in 1866
Pub date: 2020-09-11
London’s central role in 19th century trade finance meant that its bank failure had effects for decades.
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Podcast: Reviving Growth Keynesianism (LS 27 · TOP 10% what is this?)
Episode: Monica Prasad on The Land of Too Much and Mortgage Keynesianism
Pub date: 2020-09-10
Today’s guest is Monica Prasad, professor of sociology at Northwestern University, where she studies economic, political, and comparative historical sociology. She is the author of numerous books and articles, including The Politics of Free Markets and Starving the Beast
Our discussion will center on her book The Land of Too Much: American Abundance and the Paradox of Poverty, in which she addresses the question of why the US has more poverty than any other developed nation, despite being the wealthiest country on earth. To answer this, she develops a demand-side theory of comparative political economy. She argues that American "mortgage Keynesianism" - as opposed to European "social Keynesianism" - was the result of the world-historical conjuncture created by the massive productivity of settler colonial farming in the late 19th century, and the deflation that followed.
In the second half of the episode, we delve deeper into the history of the American mortgage with a reading series from K Sue Park. It turns out that mortgage "foreclosure" was a settler colonial invention from the 17th century. This was the violent, early modern legal foundation for the 20th century development of mortgage Keynesianism.
LINKS
Monica Prasad's Northwestern University Profile: https://sociology.northwestern.edu/people/faculty/core/monica-prasad.html
The Land of Too Much: https://www.hup.harvard.edu/catalog.php?isbn=9780674066526
K-Sue Park's Georgetown Law Profile: https://www.law.georgetown.edu/faculty/k-sue-park/
Money, Mortgages, and the Conquest of America: https://onlinelibrary.wiley.com/doi/abs/10.1111/lsi.12222
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Podcast: Mass for Shut-ins: The Gin and Tacos Podcast (LS 49 · TOP 1% what is this?)
Episode: 028 - The Debt Episode w/ Thomas Gokey of The Debt Collective
Pub date: 2020-08-31
Guest: Thomas Gokey of The Debt Collective (@StrikeDebt) joins me to talk about their new book Can't Pay Won't Pay, coming out in September from Haymarket Books. We talk about the ways that people can take on debt collectively to give themselves power - and choices - they don't have as individuals. And Thomas pulps a bunch of money and tries to sell it.
The story is a coda to the Greek Debt Crisis of 2008-?? starring the Clintons' son-in-law. We all learn a valuable lesson about how differently the well-born experience debt from the rest of us who have to live in fear of it.
The cocktail of the month is the Money Maker. It's probably good there isn't a cocktail with a debt-themed name.
Question Cathy returns with the mailbag.
Please support Mass for Shut-ins, an independent and ad-free podcast, via Patreon. Contact me via Facebook, Twitter (@edburmila), or the venerable website Gin and Tacos.
Thanks: the Debt Collective, the bands that contribute music (Waxeater, IfIHadAHiFi, The Sump Pumps, Oscar Bait), Zachary Sielaff, Question Cathy, and all Patreon supporters, subscribers, and listeners.
The podcast and artwork embedded on this page are from Mass for Shut-ins, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Europe Desk (LS 38 · TOP 2.5% what is this?)
Episode: The Roots of Neoliberalism
Pub date: 2020-09-01
Quinn Slobodian, associate professor of history at Wellsley College joined us to discuss the roots of neoliberalism, its links to populism and its relationship to gender and immigration.
The Europe Desk is a podcast from the BMW Center for German and European Studies at Georgetown University in Washington, DC. It brings together leading experts working on the most pertinent issues facing Europe and transatlantic relations today.
Music by Sam Kyzivat and Breakmaster Cylinder
Production by Emily Traynor Mayrand, Matt Elias, and Alistair Somerville
Communications by Hannah Tyler and Jonas Heering
Design by Sarah Diebboll
https://cges.georgetown.edu/podcast
Twitter and Instagram: @theeuropedesk
If you would like a transcript of this episode, more information about the Center's events, or have any feedback, please email: theeuropedesk@georgetown.edu.
The podcast and artwork embedded on this page are from BMW Center for German and European Studies, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Superstructure (LS 33 · TOP 5% what is this?)
Episode: 12 - Robinson Crusoe Didn't Kill Himself
Pub date: 2020-08-13
Re-evaluating the left’s symptomatic preoccupations with the Epstein scandal, hosts Will Beaman & Maxximilian Seijo critique the atomizing and othering “Islands Discourse” that animates such responses. Will and Maxx begin with the island obsessions behind the TrueAnon podcast and Jacobin Magazine. They then historicize such desires through critical close readings of Gilles Deleuze’s Desert Islands and Karl Marx's analysis of Daniel Defoe's novel Robinson Crusoe.
Music: “Yum” from “This Would Be Funny If It Were Happening To Anyone But Me” EP by flirting. https://flirtingfullstop.bandcamp.com/ Twitter: @actualflirting
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Podcast: In Pursuit of Development (LS 28 · TOP 10% what is this?)
Episode: The need to politicize development economics — Ingrid Harvold Kvangraven
Pub date: 2020-08-19
Ingrid Harvold Kvangraven's research focuses on the role of finance in development, structural features of underdevelopment, the political economy of development (including the role of international institutions), and critically assessing the economics field.
Dr. Kvangraven is currently an Assistant Professor in International Development at the University of York’s Department of Politics. She is the founder and editor of Developing Economics and founder and steering group member of Diversifying and Decolonising Economics (D-Econ).
Resources
- Ingrid's website
- Beyond The Stereotype: How Dependency Theory Remains Relevant
- If we want to tackle global inequality, we need better economic theories
- ‘Impoverished economics? A critical assessment of the new gold standard
- The Wall Street Consensus (Daniela Gabor)
- Follow Ingrid Hvangraven on Twitter
- In Pursuit of Development on Twitter
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Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Thirty Five
Pub date: 2020-08-15
In this episode, Scott and Gerardo and new co-host, Sarvnaz Lotfi, are joined by Jennifer Jhun, Assistant Professor of Philosophy at Duke University and Faculty Fellow with Duke's Center for the History of Political Economy. The discussion revolves primarily around the uses and abuses of modeling in economics and other fields, such as epidemiology, the usefulness of models for policy purposes, and the significance of ceteris paribus clauses and equilibrium theorizing in economics.
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
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Podcast: Bungacast (LS 50 · TOP 1% what is this?)
Episode: /139/ Dollar Empire ft. Yakov Feygin & Dominik Leusder
Pub date: 2020-08-04
On dollar hegemony.
Dutch disease has long been seen as the curse of resource-rich economies in which a currency appreciates and jobs are lost overseas. But what if the greenback is having the same effects on the US economy, the largest in the world? Many historians and economists have studied the global effects of having the dollar as the world’s reserve currency. But what is the effect on the US economy itself? The authors of an influential essay on this question join us to talk about the feedback effects of dollar hegemony.
Readings:
- The Class Politics of the Dollar System, Yakov Feygin & Dominik Leusder, Phenomenal World
- Dollar and Empire, Herman Mark Schwartz, Phenomenal World
The podcast and artwork embedded on this page are from Bungacast, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Policy Punchline (LS 35 · TOP 5% what is this?)
Episode: Follow the Money: How Tax Avoidances Distort Capital Flows and Fuel Financialization
Pub date: 2020-08-03
Brad Setser is the Steven A. Tanenbaum Senior Fellow for International Economics at the Council on Foreign Relations. He previously served as the deputy assistant secretary for international economic analysis in the U.S. Treasury from 2011 to 2015.
In this interview, Dr. Setser discusses how tax avoidance schemes by corporations could distort conventional understanding of cross-national capital flows, and how such capital flows through shell companies are driving international balance of payments. He argues we should pay more attention to external debt, particularly on exports and debt in foreign currency, rather than solely focusing on the government debt alone. He highlights the puzzling debt histories of two countries in particular: Japan, which should be in trouble but is not; and Argentina, which gets into trouble no matter what.
We also touch on the important topics of progressive tax policies and how it’s entirely realistic to close down international tax loopholes. It’s noteworthy that Dr. Setser appears in the first chapter of Adam Tooze’s book of “Crashed: How a Decade of Financial Crises Changed the World” by Adam Tooze, whom we interviewed last spring. It’s very unfortunate that this is a relatively short interview, but we hope it can be an introduction to a vast and important field of issues that you may continue to learn about afterwards.
This interview was recorded in March at the 2020 annual conference of the Julis-Rabinowitz Center for Public Policy and Finance, and the theme was “Development Finance in Fragile States.” You may read more about Dr. Setser’s conference presentation on our webpage, and you can subscribe to his blog and newsletter “Follow the Money” on the webpage of Council on Foreign Relations.
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Podcast: The Rational Reminder Podcast (LS 55 · TOP 0.5% what is this?)
Episode: Jim Stanford on The Economics of Capitalism in a Crisis (EP.106)
Pub date: 2020-07-09
Notes from The Progressive:
Adressing the questions of what makes this recession unprecedented, why the deficits caused by a much-needed post-war style economic reconstruction might not such a bad thing, and how to explain the connections and differences between quantitative easing and government deficit.
Today’s guest is Dr. Jim Stanford, Economist and Director of the Centre for Future Work and author of Economics for Everyone. We kick things off with Jim hearing his perspectives on what makes this recession unprecedented before he argues that a traditional approach to macroeconomic policy won’t be enough to augment more than a crippled and unstable recovery. This situation might hold a silver lining though and Jim sketches out the opportunity it provides for rethinking employment ethics. After weighing in on why the deficits caused by a much-needed post-war style economic reconstruction might not such a bad thing, Jim does an amazing job of explaining the connections and differences between quantitative easing and government deficit. On this topic, he talks about why fears around credit creation are centered on an outdated concept of banking, and the potential quantitative easing has for facilitating investment and economic activity in this recession rather than buying corporate assets in the secondary market. From there, we talk about wealth distribution, the inevitability of an economic system that supersedes capitalism, and the concept of the political economy. Jim gets into how issues about history, norms, culture, and power – things that don't show up in your usual supply and demand graphs – are actually crucial inputs for understanding the economy and understanding economics. Don’t miss this incredible conversation about ethics and capitalism with today’s guest.
Key Points From This Episode:
- Introducing Jim Stanford and his work on economics and quantitative easing. [0:00:05.3]
- What makes this recession unprecedented; the ‘Loch Ness Monster’ recovery. [0:03:16.2]
- How many of the most vulnerable groups are experiencing more job losses. 0:06:27.3]
- Challenges of remote work and implications that only 25-30% of jobs can be done remotely. [0:09:32.3]
- Impacts of social distancing on the economy, a socially constructed phenomenon. [0:12:07.7]
- Avoiding the Loch Ness recovery by implementing a post-war style recovery plan. [0:14:53.3]
- The silver lining of this crisis: putting an end to inhumane work arrangements. [0:18:38.4]
- Why large deficits that could come with a reconstruction might not be a problem. [0:21:02.0]
- Connections and differences between quantitative easing and government deficit. [0:24:30.3]
- Dispelling fears of credit creation inflation; how banking actually works. [0:28:14.7]
- The dangers of quantitative easing and how it can be better used in the recovery. [0:32:44.3]
- Why GDP might not be the best measure of how well an economy is doing. [0:35:49.1]
- Metrics that make skew wealth distribution seem less harsh than it is. [0:38:58.2]
- The precariousness of the bank and mining-based Canadian economy. [0:41:49.9]
- How Capitalism is not perpetual and examples of seeds of change. [0:46:17.3]
- Why the capitalist economy is political and gross inequality contradicts it. [0:50:21.8]
- Jim’s education, early activistic goals, and definition of success. [0:53:28.5]
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Podcast: Money on the Left (LS 39 · TOP 2% what is this?)
Episode: Money, Music & Method with Alex Williams
Pub date: 2020-07-15
Notes from The Progressive:
Debating money, music and method in light of Modern Monetary Theory and heterodox economics.
Economist, musician & Money on the Left audio engineer, Alex Williams, joins the podcast to discuss money, music and method in light of Modern Monetary Theory and heterodox economics. At the outset, we chat about methodology and the riddles of “administrative capacity” that drive so much of Williams’ work. Next, Williams guides us through his proposal for arts and culture provisioning under a federal Job Guarantee by way of a critique of the anti-money, laissez-faire DIY music scene in which he came up. Finally, we turn to Williams’ much-touted master’s thesis & recent popular work on stabilizing state and municipal balance sheets during crises like the coronavirus health emergency.
Check out some of Williams’ important work:
“The Job Guarantee and Cultural Equity: Gatekeeping and Popularization,” Global Institute for Sustainable Prosperity, Working Paper 127, 2020.
Intragovernmental Autonomous Stabilizers, Master’s Thesis, Bard College, 2020.
“Structuring Federal Aid To States As An Automatic (and Autonomous) Stabilizer,” Employ America, 2020.
Find Alex on Twitter: @tragicbios
Link to our Patreon: www.patreon.com/MoLsuperstructure
The podcast and artwork embedded on this page are from Money on the Left, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: That Feels like Home
Episode: S2 Episode 5: Home Work/House Work
Pub date: 2020-07-16
Notes from The Progressive:
Discussing the history of the physical separation of home and work and use this to think about the transitions marked by Covid19, as we witness a blurring of these boundaries. How does this effect everyday life, privacy and professional relationships?
In this episode Ana Baeza talks to Rosie Cox (Birkbeck) and Lucy Delap (Cambridge University) about the boundaries between home and work. They discuss the history of the physical separation of home and work and use this to think about the transitions marked by Covid19, as we witness a blurring of these boundaries. How does this effect everyday life, privacy and professional relationships?
Transcript, Links and Resources can be found on the episode webpage: https://moda.mdx.ac.uk/conversations/home-work/
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The podcast and artwork embedded on this page are from MoDA Museum, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: Gerald Epstein, “What's Wrong with Modern Money Theory? A Policy Critique” (Palgrave Macmillan, 2019)
Pub date: 2020-07-13
Notes from The Progressive:
Since the last-but-one financial crisis abated and governments responded to better times by clawing back their stimulus packages, a once-obscure economic philosophy has been gaining a growing following on the left.
Since the last-but-one financial crisis abated and governments responded to better times by clawing back their stimulus packages, a once-obscure economic philosophy has been gaining a growing following on the left. But, following the extraordinary policy response to the COVID-19 pandemic, even some conservative commentators and policy makers are showing an interest in Modern Monetary Theory or MMT.
Not so fast, warns Gerald Epstein in his What's Wrong with Modern Money Theory? A Policy Critique (Palgrave Macmillan, 2019). While this progressive economist welcomes any resistance to austerian economics and the policy rethink that the new theory is triggering, he warns against MMT's seductive appeal and its significant practical shortcomings.
Gerald Epstein co-directs the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst.
Tim Jones is an economic and political-risk analyst at Medley Global Advisors (FT Group) in London.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
The podcast and artwork embedded on this page are from Marshall Poe, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Masterclass for Activists
Episode: Episode 2 Neoliberalism and a New Deal
Pub date: 2020-07-06
Notes from The Progressive:
This episode unpacks the strategy of neoliberalism to wind back workers’ rights and living standards and weaken our democracy. It also discusses how the CoVid19 pandemic has dramatically exposed the failings of neoliberalism and looks to the future by discussing what a new deal for working people should look like.
To realise the goal of a fairer society by developing a counter-strategy to neoliberalism, we first need to analyse neoliberalism and be able to explain it to working people.
Episode 2 Neoliberalism and a New Deal unpacks the strategy of neoliberalism to wind back workers’ rights and living standards and weaken our democracy. It also discusses how the CoVid19 pandemic has dramatically exposed the failings of neoliberalism and looks to the future by discussing what a new deal for working people should look like.
In this episode, our host Emeritus Professor Ed Davis is joined by Sharan Burrow (General Secretary, International Trade Union Confederation), Dave Noonan (National Secretary, Construction Division CFMEU) and union elder Tom McDonald (former National Secretary, Building Workers Industrial Union).
Sharan Burrow refers listeners to the Communique of the Centenary Conference (2019) of the International Labor Organisation. You can view the Communique here.
Listeners will also hear Chloe and Jason Roweth perform music that has inspired activists across the generations. You can find out more about the Roweth's music here.
This podcast has been produced by Deliberately Engaging in support of the UN Sustainable Development Goals to build the capabilities of civil society and give people a greater voice. Learn more here.
This series has been made possible by the support Professor Davis, the Committee to Defend Trade Unions Rights, Tony and Nina Bleasdale, Chloe and Jason Roweth, Sally McManus and all our guests who appear during the series.
The Swaggies Have All Waltzed Matilda Away (Words and Music by Alistair Hulett).
#ActivistMasterclass
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Podcast: Jacobin Radio (LS 60 · TOP 0.5% what is this?)
Episode: Jacobin Radio: Robert Brenner on Coronavirus
Pub date: 2020-07-02
Notes from The Progressive:
COVID-19 bailout, or Cares Act, not only escalates plunder, it is predation on steroids in a stalled economy in worsening decline.
Suzi talks toRobert Brenner, who has just published “Escalating Plunder” in New Left Review 123, about the federal response to the shutdown of the economy in the wake of the coronavirus. The punchline is that the COVID-19 bailout, or Cares Act, not only escalates plunder, it is predation on steroids in a stalled economy in worsening decline. In other words, the bipartisan establishment has concluded that they can only intervene — and call it rescue — by underwriting the rip-off already in motion, bailing out the top 0.1 percent in the face of plunging production, employment, and profits. Brenner calls out predation. We get his analysis.
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The podcast and artwork embedded on this page are from Jacobin, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Business Scholarship Podcast (LS 33 · TOP 5% what is this?)
Episode: Ep.60 – Saule Omarova on a National Investment Authority
Pub date: 2020-06-30
Notes from The Progressive:
Discussing the potential for a National Investment Authority to be a long-term investing complement to the Federal Reserve's monetary role and the Treasury's fiscal role. How could an NIA have mitigated the Covid-19 crisis and how can it help the nation navigate future crises?
Saule Omarova, professor of law at Cornell University, joins the Business Scholarship Podcast to discuss her proposal for a National Investment Authority (NIA), which she introduced in her article Private Wealth and Public Goods: A Case for a National Investment Authority and her white paper Why We Need a National Investment Authority. In these papers, Omarova discusses the potential for an NIA to be a long-term investing complement to the Federal Reserve's monetary role and the Treasury's fiscal role. In particular, she explains how an NIA could have mitigated the Covid-19 crisis and how it can help the nation navigate future crises.
This episode is hosted by Andrew Jennings, a teaching fellow and lecturer in law at Stanford Law School.
The podcast and artwork embedded on this page are from Andrew Jennings, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: New Books in Anthropology (LS 36 · TOP 3% what is this?)
Episode: Jonathan Parry, "Classes of Labor: Work and Life in an Indian Steel Town" (Routledge, 2020)
Pub date: 2020-07-03
Notes from The Progressive:
Examining the context in which the manual workforce is divided into distinct social classes, which have a clear sense of themselves as separate and interests that are sometimes opposed. A central concern is with the intersection between class, caste, gender and regional ethnicity, with how class trumps caste in most contexts and with how classes have become increasingly structured as the ‘structuration’ of castes has declined.
Classes of Labour: Work and Life in a Central Indian Steel Town (Routledge, 2020) is a classic in the social sciences. The rigour and richness of the ethnographic data of this book and its analysis is matched only by its literary style. This magnum opus of 732 pages, an outcome of fieldwork covering twenty-one years, complete with diagrams and photographs, reads like an epic novel, difficult to put down. Professor Jonathan Parry looks at a context in which the manual workforce is divided into distinct social classes, which have a clear sense of themselves as separate and interests that are sometimes opposed. The relationship between them may even be one of exploitation; and they are associated with different lifestyles and outlooks, kinship and marriage practices, and suicide patterns. A central concern is with the intersection between class, caste, gender and regional ethnicity, with how class trumps caste in most contexts and with how classes have become increasingly structured as the ‘structuration’ of castes has declined. The wider theoretical ambition is to specify the general conditions under which the so-called ‘working class’ has any realistic prospect of unity.
Today I talked with the author, Jonathan Parry, emeritus professor of anthropology at the London School of Economics (in collaboration with Ajay TG) and John Harriss, emeritus professor of international studies at Simon Fraser University.
Sneha Annavarapu is a doctoral candidate in the Department of Sociology at the University of Chicago.
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Podcast: The Blockchain Socialist (LS 32 · TOP 5% what is this?)
Episode: The War on Cash and The Coercive Nature of Money ft. Brett Scott
Pub date: 2020-06-28
Notes from The Progressive:
Debating the "War on Cash", where cryptocurrencies fit in this framework, how the Left should embrace going into spaces where they traditionally aren't (like finance and crypto), and how money systems come into existence largely through power hierarchies.
This week I spoke to financial activist and author of The Heretic's Guide to Global Finance Hacking the Future of Finance Brett Scott (@Suitpossum). His last book was written in response to the Occupy Wall Street protests and is a guide to the world of high finance and the emergent forms of alternative finance, alternative currencies and economic activism that are challenging it in response to the financial crisis. He has a new book forthcoming in 2021.
In this interview we speak about his ideas around the "War on Cash" and how the transition to relying on digital bank infrastructure to pay for things as opposed to cash, while largely described as an organic evolution towards a "cashless society" by mainstream media, actually has been a deliberate push by banks for efficiency gains and is an attempt to privatize the money system or what Brett calls a "bankful society." We go on to talk about where cryptocurrencies fit in this framework, how the Left should embrace going into spaces where they traditionally aren't (like finance and crypto), and how money systems come into existence largely through power hierarchies as opposed to the value of the commodity underpinning it which is a common thought ironically in both cryptocurrency and Marxist spaces. Brett also gives us a sneak peek into what his book coming out next year is about.
More on Brett
Altered States of Monetary Consciousness
YouTube Channel
Twitter Profile
If you liked the podcast be sure to give it a review on your preferred podcast platform. If you want to see more content like this, please consider donating to my Patreon starting at just $3 per month. At the moment I've spent more on this 9-month old project than I've ever made so any amount helps. Also, sign up for the Newsletter, follow me on Twitter (@TBSocialist), and join the r/CryptoLeftists subreddit to continue the discussion and give your thoughts.
Support the show (https://www.patreon.com/theblockchainsocialist)
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Podcast: Macro Musings with David Beckworth (LS 52 · TOP 0.5% what is this?)
Episode: Daniela Gabor on Financial Globalization, Capital Controls, and the Critical Macrofinance Framework
Pub date: 2020-06-22
Notes from The Progressive:
How can critical macrofinance shed light on the past great financial crisis (2007-2009) and the present COVID-19 crisis?
Daniela Gabor is a professor of economics and macrofinance at the University of West England at Bristol, where she works on shadow banking, capital markets, and transnational banking. Daniela is also a returning guest to the podcast, and she has a new paper out on the burgeoning field of critical macrofinance and how it sheds light on the past great financial crisis (2007-2009) and the present COVID-19 crisis. She re-joins Macro Musings to discuss this paper and how it can offer important insight into the current global economic environment.
Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings
Daniela’s Twitter: @DanielaGabor
Daniela’s UWE Bristol profile: https://people.uwe.ac.uk/Person/DanielaGabor
Related Links:
Critical Macro-Finance: A Theoretical Lens by Daniela Gabor
http://financeandsociety.ed.ac.uk/article/view/4408
The Role of Time-Critical Liquidity in Financial Markets by David Marshall and Robert Steigerwald
https://www.chicagofed.org/publications/economic-perspectives/2013/2q-marshall-steigerwald
The Growth of Financial Banking by Anna Youngman
https://www.journals.uchicago.edu/doi/abs/10.1086/251239?mobileUi=0&
Daniela Gabor on Safe Assets and Shadow Banking
https://macromusings.libsyn.com/103-daniela-gabor-on-safe-assets-and-shadow-banking
David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth
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Podcast: Deep State Radio (LS 59 · TOP 0.5% what is this?)
Episode: Nobel Prize Winner Joseph Stiglitz on the Way Out from the Crisis
Pub date: 2020-06-24
Notes from The Progressive:
On issues from how to create millions of jobs to how to save our cities and states from an even greater crisis, from how to foster a green recovery to what lessons the G.I. Bill may offer for those thinking about the issue of reparations.
We face an extraordinary challenge--a massive economic crisis and a great public health crisis, each feeding into one another. Our government's response thus far has exacerbated both. To recover is going to require big ideas and bold execution from the next president of the United States. Nobel Prize-winning economist Joseph Stiglitz offers some of those ideas and thoughts on how a Biden Administration could make them a reality in the latest edition of our Agenda 2021 series. It is essential listening on issues from how to create millions of jobs to how to save our cities and states from an even greater crisis, from how to foster a green recovery to what lessons the G.I. Bill may offer for those thinking about the issue of reparations. Join us!
Support this show http://supporter.acast.com/deepstateradio.
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Podcast: Roundtable Osteuropa
Episode: Market integration and room for development in Europe’s peripheries: Constraint or opportunity?
Pub date: 2020-06-12
Notes from The Progressive:
The dominant (and ever less convincing) EU strategy for managing developmental diversity still relies on the disciplinary power of markets and supranational hierarchies. Is there another way for the supranational strategies to help promote development in the peripheries?
With László Bruszt, Julia Langbein and Vera Šćepanović Participants:
László Bruszt (Central European University)
Julia Langbein (ZOiS)
Vera Šćepanović (Leiden University)
Langbein, Julia: Shallow market integration and weak developmental capacities: Ukraine’s pathway from periphery to periphery: https://www.tandfonline.com/doi/full/10.1080/09692290.2019.1657477
Šćepanović, Vera: Transnational integration in Europe and the reinvention of industrial policy in Spain: https://www.tandfonline.com/doi/full/10.1080/09692290.2019.1652670
Medve-Balint, Gergö & Šćepanović, Vera: EU funds, state capacity and the development of transnational industrial policies in Europe’s Eastern periphery: https://www.tandfonline.com/doi/full/10.1080/09692290.2019.1646669
Bruszt, László & Karas, David: Diverging developmental strategies beyond “lead sectors” in the EU’s periphery: the politics of developmental alliances in the Hungarian and Polish dairy sectors: https://www.tandfonline.com/doi/full/10.1080/09692290.2019.1646668
Music: “Complete” by Modul is licensed under a CC BY-NC-ND 3.0-License.
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Podcast: ourVoices (LS 36 · TOP 3% what is this?)
Episode: Decolonising the global economy
Pub date: 2020-06-17
Notes from The Progressive:
This episode digs into the structures of the global economy to understand why it is that some parts of the world have so much more wealth and power than others.
We are connected on a planetary scale. The same process that has allowed the coronavirus pandemic to spread so far so quickly – globalisation – also means that all our resources, our infrastructure, our food, energy, clothing, our electronic devices, almost everything human-made that we see around us, contains some component that someone from somewhere else has worked on. Our economy is global. It affects not only every human but also every animal, our climate and every aspect of our environment.
Yet most media coverage of the economy focuses on the national level, and when problems like global inequality, poverty or underdevelopment do get attention, they are often treated as the result of natural forces, or as resulting from corruption or bad governance in developing countries.
In this episode of ourVoices, Laura Basu digs into the structures of the global economy to understand why it is that some parts of the world have so much more wealth and power than others.
openDemocracy is a small non-profit journalism outfit, not funded by dark money or lucrative sponsorship, so we depend on regular donations from our listeners. If you enjoyed this podcast and would like to donate, click here: http://bit.ly/3bb06Os
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Podcast: The Zero Hour with RJ Eskow (LS 42 · TOP 1.5% what is this?)
Episode: Prof. Harvey J Kaye: The Long Struggle for Economic Democracy
Pub date: 2020-06-13
Notes from The Progressive:
How to place the events of the recent weeks when it comes to the arc of American History?
Harvey J Kaye is an American historian, sociologist & author.
Harvey J Kaye is currently the Director of the Center for History and Social Change at the University of Wisconsin–Green Bay. His latest book is “Take Hold of Our History: Make America Radical Again”
The podcast and artwork embedded on this page are from Richard RJ Eskow, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Economic History Podcast (LS 38 · TOP 2.5% what is this?)
Episode: Debt, Default and Debt Mutualisation
Pub date: 2020-05-25
Notes from The Progressive:
Discussing the history of public debt and the various ways in which it has increased or decreased over time. What are the economic costs of government default on the private sector and what is the historical record of debt mutualisations in light of the current Eurobond debate.
In this episode, we discuss the history of public debt and the various ways in which it has increased or decreased over time. We review the economic costs of government default on the private sector and consider the historical record of debt mutualisations in light of the current Eurobond debate.
The podcast and artwork embedded on this page are from Seán Kenny, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Transforming Society Podcast
Episode: LESSONS FROM LOCKDOWN: Erik Andersson on the global political economy
Pub date: 2020-06-16
Notes from The Progressive:
The guest explains key concepts from Global Political Economy to show how to design and analyse potential reconstructions of the economic system.
Jess Miles speaks with Erik Andersson, author of ‘Reconstructing the Global Political Economy’, about the impact of COVID-19 and how we interpret it, having hope, what we value, avoiding more austerity and what lessons we should be learning.
Intro music: Surreal by Unwritten Stories | https://soundcloud.com/unwritten-stories Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US
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Podcast: New Books in World Affairs (LS 33 · TOP 5% what is this?)
Episode: Begüm Adalet, "Hotels and Highways: The Construction of Modernization Theory in Cold War Turkey" (Stanford UP, 2018)
Pub date: 2020-06-08
Notes from The Progressive:
During the opening decades of the Cold War, US policymakers and academics used modernization theory to provide an alternative model to communism for improving living standards. In this context, Turkey was both a model case of elite-led modernization and a laboratory for potentialy exportable development projects.
During the opening decades of the Cold War, US policymakers and academics used modernization theory to provide an alternative model to communism for improving living standards. As Begüm Adalet demonstrates, Turkey was both a model case of elite-led modernization and a laboratory for development projects that could then be exported to other societies. Through her analysis of the flow of aid money and expertise between the US and Turkey, the planning of the American-funded Turkish highway network, and the development of the Turkish tourism industry, Adalet highlights how the production of social scientific knowledge is fundamentally entwined with the problems of political order: social scientific theories are produced in material space, through uncertain encounters between transnational actors and policy networks. Furthermore, her examinations of the works and career trajectories of figures like political scientist Dankwart Rustow and sociologist Daniel Lerner show how the political and ideological imperatives of US foreign policy shape social scientific knowledge production, even as the figures involved may express doubts about the feasibility of political projects and initiatives.
Hotels and Highways: The Construction of Modernization Theory in Cold War Turkey(Stanford University Press, 2018) invites political scientists, development economists, and other social scientists involved in the study of the Global South to reflect on how geopolitical power imbalances and hegemonic projects affect the production of social scientific knowledge.
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Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: Joshua Gans, "Economics in the Age of COVID-19" (MIT Press, 2020)
Pub date: 2020-06-04
Notes from The Progressive:
An attempt to step back from the short-term chaos and take a clear and systematic look at how economic choices are being made in response to COVID-19.
The COVID-19 pandemic has unleashed a firehose of information (much of it wrong) and an avalanche of opinions (many of them ill-founded). Most of us are so distracted by the everyday awfulness that we don't see the broader issues in play. In this "hastily written" guide to the pandemic economy penned during self-isolation after a flight from Australia, economist Joshua Gans steps back from the short-term chaos to take a clear and systematic look at how economic choices are being made in response to COVID-19. Economics in the Age of COVID-19(MIT Press , 2020) shows that containing the virus and pausing the economy—without letting businesses fail and people lose their jobs—are the necessary first steps. He outlines the phases of the pandemic economy - containment to reset to recovery and enhancement - and warns against thinking in terms of a “tradeoff” between public health and economic health. Once the virus is contained, we will need to innovate come together to protect ourselves from future pandemics.
Tim Jones is an economic and political-risk analyst at Medley Global Advisors (FT Group) in London.
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Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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Podcast: Macro Musings with David Beckworth (LS 52 · TOP 0.5% what is this?)
Episode: Adam Tooze on Dollar Dominance, the Eurozone, and the Future of Global Finance
Pub date: 2020-06-01
Notes from The Progressive:
A discussion of recent events and risks in the global financial system, the future of the dollar as reserve currency, and the implications of the recent German-Franco debt deal for the Eurozone.
Adam Tooze is a professor of history at Columbia University, and is the author of many books, including his popular account of the 2007-2009 crisis, titled Crashed: How a Decade of Financial Crisis Changed the World. Adam joins David on Macro Musings to discuss the COVID-19 crisis, the Eurozone, and the future of central banking. Specifically, Adam and David break down recent events and risks in the global financial system, the future of the dollar as reserve currency, and the implications of the recent German-Franco debt deal for the Eurozone.
Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings
Adam’s Twitter: @adam_tooze
Adam’s Columbia profile: https://history.columbia.edu/faculty/adam-tooze/
Adam’s website: https://adamtooze.com/
Related Links:
How Coronavirus Almost Brought Down the Global Financial System by Adam Tooze
https://www.theguardian.com/business/2020/apr/14/how-coronavirus-almost-brought-down-the-global-financial-system)
The Death of the Central Bank Myth by Adam Tooze
https://foreignpolicy.com/2020/05/13/european-central-bank-myth-monetary-policy-german-court-ruling/
Still the World's Safe Haven? by Darrell Duffie
https://www.brookings.edu/wp-content/uploads/2020/05/WP62_Duffie_updated.pdf
Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold? by Ethan Ilzetzki, Carmen M. Reinhart, Kenneth S. Rogoff
https://www.nber.org/papers/w23134
David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth
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Podcast: Economics & Beyond with Rob Johnson (LS 40 · TOP 2% what is this?)
Episode: Rana Foroohar: The Surveillance Economy
Pub date: 2020-05-29
Notes from The Progressive:
The pandemic opens the door to more surveillance technology from Silicon Valley, but also to a growing consensus on reigning in Wall Street excess.
Financial Times columnist Rana Foroohar talks to Rob Johnson about how the pandemic opens the door to more surveillance technology from Silicon Valley, but also to a growing consensus on reigning in Wall Street excess.
The podcast and artwork embedded on this page are from Institute for New Economic Thinking (INET), which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Politics Theory Other (LS 50 · TOP 0.5% what is this?)
Episode: #88 Triple shock in the global south - oil, debt, and Covid-19 w/ Adam Hanieh
Pub date: 2020-05-28
Notes from The Progressive:
A talk about the challenges Covid-19 and the debt crisis pose to countries in the global south, how western economic and military intervention has undermined state capacity, and finally, how the crisis may paradoxically be in certain respects beneficial for the oil majors and the richest oil producing countries .
Adam Hanieh joins me to talk about the challenges Covid-19 and the debt crisis pose to countries in the global south, how western economic and military intervention has undermined state capacity needed to combat the pandemic, and finally we discussed Adam's argument that the crisis may paradoxically be in certain respects beneficial for the oil majors and the richest oil producing countries - in spite of last month's collapse in oil prices.
Our conversation was prompted by two articles by Adam for the Verso books blog:
This is a Global Pandemic – Let’s Treat it as Such https://www.versobooks.com/blogs/4623-this-is-a-global-pandemic-let-s-treat-it-as-such
When Oil Markets Go Viral https://www.versobooks.com/blogs/4651-when-oil-markets-go-viral
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Podcast: Left Anchor (LS 43 · TOP 1.5% what is this?)
Episode: Episode 139 - The Keynesian Movement with Zach Carter
Pub date: 2020-05-23
Notes from The Progressive:
A talk about Keynes' fascinating personal life, the development of Keynesian doctrine, and how "bastard Keynesianism" stripped of most of its interesting elements took root in American economics departments.
We've got journalist Zach Carter on to talk about his new book The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes -- an intellectual biography that he's been working on for years. We talk about Keynes' fascinating personal life, the development of Keynesian doctrine, and how "bastard Keynesianism" stripped of most of its interesting elements took root in American economics departments. Enjoy!
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Podcast: Smith and Marx Walk into a Bar: A History of Economics Podcast (LS 27 · TOP 10% what is this?)
Episode: Episode Thirty Two
Pub date: 2020-05-15
Notes from The Progressive:
An episode about about concepts and tools related to the theory of utility in economics and the related fields.
Carlos, Scott, and Gerardo are joined by Ivan Moscati, Professor of Economics at Insubria University in Italy, to discuss his book, Measuring Utility: From the Marginal Revolution to Behavioral Economics (2018, Oxford University Press).
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
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Podcast: Bridges to the Future (LS 48 · TOP 1% what is this?)
Episode: Ha-Joon Chang
Pub date: 2020-05-15
Notes from The Progressive:
Global crises cause big changes and reveal deep structural weaknesses. As drastic measures are taken across the world to stop the spread of COVID-19, what are the short, medium and long term implications for our society, our economy, geopolitics - and us as individuals?
Global crises cause big changes and reveal deep structural weaknesses. As drastic measures are taken across the world to stop the spread of COVID-19, what are the short, medium and long term implications for our society, our economy, geopolitics - and us as individuals?
In this special interview series from the RSA, its chief executive, Matthew Taylor, talks to a range of practitioners - from scholars to business leaders, politicians to journalists - to assess the scale of the response and consider how we build effective bridges to our new future.
Ha-Joon Chang teaches economics at Cambridge University. He is the author of 23 Things They Don't Tell You About Capitalism, and Economics: the User's Guide
Produced by Craig Templeton Smith
In this time of global change, strong communities and initiatives that bring people together are more invaluable than ever before. The RSA Fellowship is a global network of problem solvers. We invite you to join our community today to stay connected, inspired and motivated in the months ahead. You can learn more about the Fellowship or start an application by clicking here.
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Podcast: Ceteris Never Paribus: The History of Economic Thought Podcast (LS 27 · TOP 10% what is this?)
Episode: Till Düppe on Economics in the German Democratic Republic (East Germany), Episode 21
Pub date: 2020-05-15
Notes from The Progressive:
Detailed discussion on the development of Marxist-Leninist economics in the German Democratic Republic from its beginning to its abrupt end in 1990.
- Guest: Till Düppe
- Hosted and produced by Reinhard Schumacher
In this episode, Till Düppe talks with Reinhard about the development of Economics in the German Democratic Republic (GDR), better known as East Germany – a state that existed from 1948 until 1990. We discuss Till’s general approach of historical epistemology of economics before discussing in detail the development of Marxist-Leninist economics in the GDR from its beginning to its abrupt end in 1990. Till also compares this system of knowledge with economics before and after the GDR. Additionally, we discuss some methodological approaches, such as Karl Mannheim’s concept of generations and institutional history.
Till is an associate professor at the Department of Economics Sciences at the Université du Québec à Montréal.
Articles by Till Düppe mentioned in this episode:
- Border Cases Between Autonomy and Relevance: Economic Sciences in Berlin – A Natural Experiment, Studies in History and Philosophy of Science, 2015.
- The Generation of the GDR: Economists at the Humboldt University of Berlin Caught Between Loyalty and Relevance, History of the Human Sciences, 2017.
- A Science Show Debate: How the Stasi Staged Revisionism, Contemporary European History, 2020.
Also mentioned in this episode is Episode 12 with Adam Leeds on the Development of Soviet and Russian Economics.
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Podcast: Urban Political Podcast (LS 25 · TOP 10% what is this?)
Episode: Migration and Labour Struggles (AfterCorona #7)
Pub date: 2020-05-16
Notes from The Progressive:
How is the pandemic affecting conditions of labour and migrant workers? How are Unions and other organisations reacting?
Experiences in India and Canada How is the pandemic affecting conditions of labour and migrant workers? How are Unions and other organisations reacting? In this wide-ranging and forensic discussion with Michelle Buckley (Toronto), Rajan Pandey (Bangalore) and Ritajyoti Bandyopadhyay (Mohali) tell us about on-going struggles around mobility and labour in Canada and India. We hear about how the Indian state is seeking to unravel regulation and working rights under the guise of enabling the economy to deal with the crisis and how the situation is deepening inequalities and conflicts around ethnicity and religion. We also discuss how labour organisations in Canada are gearing up for the struggles to come and consider what 'resistance' means.
Guests:
Ritajyoti Bandyopadhyay (Assistant Professor, Humanities & Social Sciences at the Indian Institute of Science Education and Research Mohali) is a historical anthropologist of the Present. My earlier and ongoing research projects explore themes in informality, infrastructure technologies and governmentality studies in late-colonial and postcolonial India. I am particularly invested in studying the materiality of mass politics as India transitioned from imperial sovereignty to popular sovereignty. I am also interested in the genealogies of Marxism and Fascism infested in popular consciousness in South Asia.
Michelle Buckley is an urban and economic geographer in the Department of Human Geography at the University of Toronto Scarborough. A former Lecturer at Mansfield College, Oxford and at the School of Environment & Technology at the University of Brighton, UK, her research is broadly concerned with the experiences of mobile workers employed in the construction trades, and with the politics of labour, gender, citizenship, and race that sustain contemporary urbanization, homeownership, and real estate investment.
Rajan Pandey is an Assistant Professor of Political Science at Christ (Deemed to be University) Bangalore. He did is PhD on peasant politics and anti land acquisition agitations in post globalization India from Centre for Political Studies, JNU. He also has an experience of around a decade working as a freelance journalist covering politics and elections across India. He has co-authored a book "Battleground UP" on politics in India's most populous state, along with several academic articles and many journalistic pieces. His interests lie in electoral politics, social movements, migration studies, political economy and geographies of work in post colonial settings.
Photo: Migrant workers stand in a queue for food at Delhi Govt school during COVID-19 Lockdown at Delhi By Goutam1962 - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=88947851
More information on some current campaigns and actions:
India:
• Centre for workers’ management has filed a petition in Karnataka High Court challenging state govt's decision to cancel special trains arranged for transporting migrant workers.
Canada:
• When COVID-19 hit, the Canadian coalition Migrant Rights put out a series of demands for a just response to the crisis that would leave no one behind, and collected endorsements and signatures: https://migrantrights.ca/covid19/. They have campaigned to the Federal government's COVID-19 cabinet that undocumented people and workers without valid SINs have access to emergency income support; that the government develop quarantine guidelines for employers of incoming migrant workers that are enforceable and put power in the hands of workers and not employers. USA: • National Day Laborer Organizing Network (NDLON) has two petitions as part of their What About Us (#YNosotrosQue) campaign: 1) For New York residents, demand that Governor Andrew Cuomo include all immigrant workers in the state’s coronavirus response.2) Demand all states include undocumented workers in their coronavirus response.
RAICES Texas has created a list of federal and local demands for policies that will help undocumented workers, migrants at the border and people in detention during this pandemic to ensure that ALL OF US are protected.
Groups working for mutual aid with im/migrant residents and workers:
Gulf Cooperation Council states:
• Migrant-Rights.org is fundraising for workers in the GCC region.
USA:
• Brooklyn Defender Services’ ’Todos Together’ Fund, which will help immigrant clients feed their families and stay safely in their homes during the COVID-19 pandemic.
• RAICES supports immigrant friends on the border and beyond.
The Pasadena Community Job Center is raising funds to help continue their support of day laborers
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Podcast: This Is Hell! (LS 57 · TOP 0.5% what is this?)
Episode: 1171: On coerced labor.
Pub date: 2020-05-06
Notes from The Progressive:
A debate on the rise of coerced labor in the United States, where prison labour is an explicit exception to the abolition of slavery. In what way is the coerced labour a microcosm of the broader problems of mass incarceration in the US?
Sociologist Erin Hatton on the rise of coerced labor in the United States, and her book "Coerced: Work Under Threat of Punishment" from University of California Press.
https://www.ucpress.edu/book/9780520305410/coerced
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Podcast: New Economics Podcast (LS 51 · TOP 0.5% what is this?)
Episode: Coronavirus and the legacy of austerity
Pub date: 2020-05-01
Notes from The Progressive:
Supporters of austerity claim the last decade of cuts is what enabled the government to put money into these schemes now. But is this true?
In the last few months we’ve seen the government promise billions in support for people and businesses impacted by coronavirus. Supporters of austerity claim the last decade of cuts is what enabled the government to put money into these schemes now. But is this true?
Some of our public services were barely able to cope, even before the virus struck. And so what effect did austerity have on our pandemic preparedness? And now that we’re entering another recession, will the government turn to austerity once again?
On this episode Ayeisha looks at Covid-19, austerity, and how we can respond to this crisis differently with NEF senior economist, Frank van Lerven.
If you’re craving more chat about this, we’ll be following up this discussion in an online briefing over Zoom on Thursday 7 May. We’ll be talking to Frank again, as well economists Eric Lonergan & Johnna Montgomerie. Register for your place here https://bit.ly/2xt0qK8
Researched by Margaret Welsh. Produced by Becky Malone.
Music by A. A. Aalto and Poddington Bear, used under Creative Commons licence.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org
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Podcast: Present Value Podcast (LS 40 · TOP 2% what is this?)
Episode: Capitalism and Democracy | Louis Hyman
Pub date: 2020-05-04
Notes from The Progressive:
Is the rise of gig economy a consequence of income volatility? How can businesses and the federal government support gig economy workers? And what is the history of personal debt in the United States?
Louis Hyman discusses the rise of the gig economy and how the gig economy is a consequence of “income volatility.” He discusses the ways businesses and the federal government can support gig economy workers as well as the current “productivity paradox.” He then discusses the history of personal debt in the United States and the tools that were created to expand the use of credit. He also discusses changes to the provision of consumer credit post-2008 financial crisis and his thoughts on whether lending institutions will change their practices towards gig economy workers. Finally, he discusses ways businesses are engaging marginalized groups as both labor pools and consumers.
Louis Hyman is a historian of work and business at the ILR School of Cornell University, where he also directs the Institute for Workplace Studies in New York City. He has published two books on the history of personal debt (Debtor Nation and Borrow) as well as a book about the history of the rise of consultants, temps, freelancers, and day laborers in our businesses (Temp). A former Fulbright scholar and McKinsey associate, Hyman received his PhD in American history from Harvard University. He teaches the MOOC American Capitalism: A History through EdX and is the founding editor of the Columbia Studies in the History of U.S. Capitalism book series from Columbia University Press.
Links from the Episode at presentvaluepodcast.com Faculty Profile: Louis Hyman
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Podcast: KPFA - Letters and Politics (LS 46 · TOP 1% what is this?)
Episode: When The Battle Between Capital and Labor Was at its Fiercest
Pub date: 2020-04-30
Notes from The Progressive:
A conversation about the period when the battle between labour and capital was at its fiercest.
Guest: Robert Ovetz is a lecturer in Political Science and Public Administration at San José State University. He writes about the politics of the labor movement, work, and the crisis of capitalism at the turn of the 20th century. He is the author of the book When Workers Shot Back: Class Conflict from 1877 to 1921.
The podcast and artwork embedded on this page are from Letters and Politics, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Hot & Bothered: A Dissent Climate Podcast (LS 39 · TOP 2% what is this?)
Episode: Hot & Bothered Podcast: Debt vs. Democracy, with Astra Taylor
Pub date: 2020-04-30
Notes from The Progressive:
Under the weight of COVID-19, every lie we've been told about how the economy works is busting open, and our institutions are revealing themselves to be incapable of offering a path to recovery.
Under the weight of COVID-19, every lie we’ve been told about how the economy works is busting open, and our institutions are revealing themselves to be incapable of offering a path to recovery. Worse yet, many governments are using the crisis as a pretext for a punishing return to austerity.
Why? The answer can be summed up in one word: debt, an issue that Astra Taylor has spent the last several years organizing around as co-founder of the Debt Collective. Also a prolific writer and documentarian, Astra is the author most recently of Democracy May Not Exist, but We’ll Miss It When It’s Gone and director of the companion film What Is Democracy? She has recently written about both the food system and debt crises as they intersect with the pandemic (and climate change, too).
On this week’s show, Kate and Daniel talk to Astra about what the coronavirus pandemic has to do with eating meat, whether we really need a technocratic savior, why debt relief is inherently tied to democracy, and more. Kate and Daniel also take a look at the toxic record of Larry Summers, and why Democrats shouldn’t let him anywhere near the party platform.
Check out the full Hot & Bothered archive here. Hot & Bothered is produced by Colin Kinniburgh. Music: Mercurias Meet Victor Rice, “Carregar (Instrumental),” courtesy of Total Running Time.
If you like the episode and want to hear more from Kate and Daniel, sign up as a monthly member at patreon.com/hotbotheredclimate today. It’s thanks to those who are able to contribute that we’re able to make the podcast free for anyone to listen to.
Paying members will get access to perks like a monthly happy hour with Kate, Daniel, and friends, a free ebook ofA Planet to Win: Why We Need a Green New Deal by Kate Aronoff, Alyssa Battistoni, Daniel Aldana Cohen, and Thea Riofrancos, and much more. And as a special thank you to everyone who’s able to pitch in right away, supporters who sign up by May 1 will automatically get bumped up to the next subscription tier.
So don’t hesitate: sign up on Patreon today.
Further reading
Kate: Don’t Let Larry Summers Block Climate Progress Again (The New Republic)
Progressive groups call on Biden to remove Summers as economic adviser (J. Edward Moreno, The Hill)
Petition: Tell Joe Biden to remove Larry Summers as economic advisor (Sunrise Movement and Justice Democrats)
Astra: The Covid-19 pandemic shows we must transform the global food system (with Jan Dutkiewicz and Troy Vettese, The Guardian)
Kate: The World Order Is Broken. The Coronavirus Proves It. (The New Republic)
Astra: Cancelling student debt was always the right thing to do. Now it’s imperative (The Guardian)
Astra: Bad ancestors: does the climate crisis violate the rights of those yet to be born? (The Guardian)
Why Mitch McConnell Wants States to Go Bankrupt (David Frum, The Atlantic)
The Fed could undo decades of damage to cities. Here’s how. (Destin Jenkins, Washington Post)
Daniel and Dan Kammen: Climate crisis will deepen the pandemic. A green stimulus plan can tackle both (The Guardian)
The Debt Collective
The post Hot & Bothered Podcast: Debt vs. Democracy, with Astra Taylor appeared first on Dissent Magazine.
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Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 44 · TOP 1.5% what is this?)
Episode: #48 Rohan Grey: #MintTheCoin
Pub date: 2020-04-29
Notes from The Progressive:
A discussion about the 'Automatic Boost to Communities Act', currently devised by the congresswoman Rashida Tlaib in an effort to stem the economic devastation caused by corona virus.
Christian and Patricia talk to lawyer and Modern Money Network President Rohan Grey about the Automatic Boost to Communities act to Mint The Coin.
Please help sustain this podcast by donating to our Patreon! Patrons get early access to our episodes and other patron-only content: https://www.patreon.com/MMTpodcast
Full legislative text of the #ABCAct to #MintTheCoin: https://tlaib.house.gov/sites/tlaib.house.gov/files/ABCAct.pdf
#MintTheCoin press release: https://tlaib.house.gov/media/press-releases/tlaib-jayapal-introduce-groundbreaking-bill-deliver-universal-recurring
Follow the story on Twitter: https://twitter.com/MintTheCoin
Follow Rohan on Twitter: https://twitter.com/rohangrey
Info on Christian’s MMT show: https://christreilly.com/edfringe/
Transcript for opening monologue: https://www.patreon.com/posts/36294847
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Podcast: Moderate Rebels (LS 56 · TOP 0.5% what is this?)
Episode: How the US makes countries pay for its wars: Economics of American imperialism with Michael Hudson
Pub date: 2020-04-23
Notes from The Progressive:
What is the role of the IMF and World Bank in the economics of Washington's empire and what is the significance of attempts to create alternative financial systems like BRICS?
Economist Michael Hudson explains how American imperialism has created a global free lunch, where the US makes foreign countries pay for its wars, and even their own military occupation.
Max Blumenthal and Ben Norton discuss the economics of Washington's empire, the role of the IMF and World Bank, attempts to create alternative financial systems like BRICS, and the new cold war on China and Russia.
VIDEO: youtube.com/watch?v=paUgY6SGlgY
PART 2 OF 2
Part 1 here: moderaterebels.com/transcript-us-coronavirus-bailout-michael-hudson
Michael Hudson's website: michael-hudson.com
PDF of his book Super Imperialism: michael-hudson.com/wp-content/uploads/2010/03/superimperialism.pdf
(Interview recorded on April 13, 2020)
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Podcast: The Taxcast (LS 38 · TOP 2.5% what is this?)
Episode: Healthy economies
Pub date: 2020-04-23
Notes from The Progressive:
From the ashes of the coronavirus crisis how can we build a better economic and socially just system that works for all of us?
This month: from the ashes of this coronavirus crisis how can we build a better economic and socially just system that works for all of us? The pandemic also exposes the pile-up of unaddressed crises which we must also fix. We discuss tax justice (which was always key), bailout conditions for companies now seeking government assistance, and Universal Basic Services.
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Podcast: This is Democracy (LS 39 · TOP 2% what is this?)
Episode: This is Democracy – Episode 90: Globalization: Will it Survive the Coronavirus?
Pub date: 2020-04-16
Notes from The Progressive:
A talk about the effects of COVID-19 on our global world and how it will potentially change our democracy.
Jeremi sits down with Abraham Newman and Henry Farrell to talk about the effects of COVID-19 on our global world and how it will potentially change our democracy.
Zachary sets the scene with his poem, "Linked." Abraham Newman is Professor of Government in the Edmund A. Walsh School of Foreign Service at Georgetown University. He is the Director of the Mortara Center for International Studies. His research focuses on the politics generated by globalization. Abraham Newman co-authored, most recently: Of Privacy and Power: The Transatlantic Struggle over Freedom and Security (with Henry Farrell) and Voluntary Disruptions: International Soft Law, Finance and Power (with Elliot Posner.)
Henry Farrell is professor of political science and international affairs at George Washington University, and Editor in Chief of the Monkey Cage blog at the Washington Post. He works on a variety of topics, including democracy, the politics of the Internet and international and comparative political economy. He has written two books, The Political Economy of Trust: Interests, Institutions and Inter-Firm Cooperation and Of Privacy and Power: The Transatlantic Fight over Freedom and Security (with Abraham Newman.)
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Podcast: RSA Events (LS 41 · TOP 1.5% what is this?)
Episode: Ian Goldin on Global Responses to Crisis
Pub date: 2020-04-14
Notes from The Progressive:
A reflection on how the current state of globalisation has left us vulnerable to systemic risks such as pandemics, and how these could be mitigated through international cooperation.
Ian Goldin, Professor of Globalisation and Development at the University of Oxford, joins us to reflect on how the current state of globalisation has left us vulnerable to systemic risks such as pandemics, and how these could be mitigated through international cooperation.
This conversation was recorded online on the 1st April 2020. Discover more at: www.thersa.org
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Podcast: Start Making Sense (LS 49 · TOP 1% what is this?)
Episode: Mike Davis: Is Coronavirus Ushering in a New World Order? plus Barbara Ehrenreich on low-wage work
Pub date: 2020-04-15
Notes from The Progressive:
Debate about the fragmentation of Europe, the marginalization of the WHO, the danger to Africa, and whether China will emerge less powerful in the world economy because of the rise of economic nationalism.
Mike Davis talks about the fragmentation of Europe, the marginalization of the WHO, the danger to Africa, and whether China will emerge less powerful in the world economy because of the rise of economic nationalism. Mike wrote about the avian flu in The Monster at Our Door.
Also Barbara Ehrenreich reports on her experiment in trying to survive on low wage work. Her classic essay, “Nickel and Dimed,” is the lead piece in her new book, a collection of essays titled Had I Known. We recorded this interview when Nickel and Dimed was published, in 2002.
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Podcast: A Public Affair (LS 25 · TOP 10% what is this?)
Episode: COVID-19 and The Plague of Neoliberalism with Henry Giroux
Pub date: 2020-04-16
Notes from The Progressive:
A wide-ranging discussion about the definition of neoliberalism and why it's such a scourge on society, the collapse of democratic values and the rise of rabid individualism, and protesters on the right defying social distancing and stay-at-home orders.
Cultural critic Henry Giroux recently published a column at Truthout, “The COVID-19 Pandemic Is Exposing the Plague of Neoliberalism.” Today, he joins Allen for a wide-ranging discussion of the piece, including his definition of neoliberalism and why it’s such a scourge on society, the collapse of democratic values and the rise of rabid individualism, and protesters on the right defying social distancing and stay-at-home orders.
Henry Giroux is a professor in the English and cultural studies department at McMaster University. His research focuses on critical pedagogy, education, neoliberalism, and the current state of society and culture. He is the author of many books, most recently American’s Addiction to Terrorism (Monthly Review Press, 2016), America at War with Itself (City Lights, 2017), American Nightmare: Facing the Challenge of Fascism (City Lights, 2018), and The Terror of the Unforeseen (Los Angeles Review of Books, 2019). He writes columns for Truthout and TruthDig.com.
Cover image by Jon Tyson on Unsplash
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Podcast: New Books in the American South
Episode: Lane Windham, "Knocking on Labor's Door: Union Organizing in the 1970s and the Roots of a New Economic Divide" (UNC Press, 2017)
Pub date: 2020-04-03
Notes from The Progressive:
Highlighting the integral, often-overlooked contributions of women, people of color, young workers, and southerners, this episode reveals how in the 1970s workers combined old working-class tools-like unions and labor law-with legislative gains from the civil and women's rights movements to help shore up their prospects.
Lane Windham, Associate Director of the Kalmanovitz Initiative for Labor and the Working Poor at Georgetown University, discusses her book, Knocking on Labor’s Door: Union Organizing in the 1970s and the Roots of a New Economic Divide (University of North Carolina Press, 2017), and why the 1970s should be seen as more than a moment of decline for the U.S. labor movement.
The power of unions in workers' lives and in the American political system has declined dramatically since the 1970s. In recent years, many have argued that the crisis took root when unions stopped reaching out to workers and workers turned away from unions. But here Windham tells a different story. Highlighting the integral, often-overlooked contributions of women, people of color, young workers, and southerners, Windham reveals how in the 1970s workers combined old working-class tools--like unions and labor law--with legislative gains from the civil and women's rights movements to help shore up their prospects. Through close-up studies of workers' campaigns in shipbuilding, textiles, retail, and service, Windham overturns widely held myths about labor's decline, showing instead how employers united to manipulate weak labor law and quash a new wave of worker organizing.
Recounting how employees attempted to unionize against overwhelming odds, Knocking on Labor's Door dramatically refashions the narrative of working-class struggle during a crucial decade and shakes up current debates about labor's future. Windham's story inspires both hope and indignation, and will become a must-read in labor, civil rights, and women's history.
Beth A. English is director of the Liechtenstein Institute's Project on Gender in the Global Community at Princeton University. She also is a past president of the Southern Labor History Association.
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Podcast: Jacobin Radio (LS 60 · TOP 0.5% what is this?)
Episode: Jacobin Radio: James K. Galbraith and Aaron Benanav
Pub date: 2020-04-06
Notes from The Progressive:
The episode discusses the economic policy and the mobilization needed to respond to the multiple challenges brought by the coronavirus pandemic and why the economy as currently organized has been unable to deal with it.
Suzi talks to James K. Galbraith on the economic policies we need, and Aaron Benanav on the crisis of unemployment. James K Galbraith responds to the multiple crises and challenges brought by the coronavirus pandemic, laying out the economic policy we need now, and the mobilization necessary to get it. He proposes concrete measures, like a Health Finance Corporation, that could be an efficient one-stop shop for all the resources needed. We ask why the economy as currently organized has been unable to deal with the challenges of the pandemic. Galbraith's watchwords: solidarity, organization, and determination. Aaron Benanav writes about employment, especially the irregular, informal and precarious forms of employment — the ones that fall through the large holes in the shredded safety net. His article, “Crisis and Recovery” looks at the cataclysmic economic crisis unfolding in tandem with the public health crisis. We get his findings.
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Podcast: KPFA - Against the Grain (LS 47 · TOP 1% what is this?)
Episode: Labor Struggles in a Time of Pandemic
Pub date: 2020-03-30
Notes from The Progressive:
This episode discusses the challenge for labour under the unprecedented circumstances of the coronavirus crisis - and how labour can still organise collective strength.
These are anxious times for all of us, but even more so for those whose labor is deemed essential during a pandemic: delivery drivers, grocery workers, those working in Amazon warehouses, and of course health care workers. Labor Notes writer Chris Brooks discusses the challenge for labor under these unprecedented circumstances -- and how we can still organize our collective strength.
Resources:
Organizing in a Pandemic: Labor Notes Resources [1]
[1] https://labornotes.org/
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Podcast: Belabored (LS 48 · TOP 1% what is this?)
Episode: Belabored Podcast #194: The Coronavirus Bailout, with Mike Konczal
Pub date: 2020-03-28
Notes from The Progressive:
This episode discusses the highs and lows of the US pandemic package and what the government could do to protect the most vulnerable while addressing endemic inequality.
COVID-19 continues to wreak havoc on the economy. Mike Konczal of the Roosevelt Institute joins us to discuss the disappointing relief bill that was signed into law today.
The post Belabored Podcast #194: The Coronavirus Bailout, with Mike Konczal appeared first on Dissent Magazine.
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Podcast: Ipse Dixit (LS 39 · TOP 2% what is this?)
Episode: Rohan Grey on Monetary Policy
Pub date: 2020-04-02
Notes from The Progressive:
This episode explains alternative options facing the US Treasury, including minting a high-value coin to avoid debt limits, which would alter conventional understanding of the relationship between money and debt, especially in relation to the current economic crisis.
In this episode, Rohan Grey, incoming Assistant Professor of Law at Willamette University College of Law, discusses his article, "Administering Money: Coinage, Debt Crises, and the Future of Fiscal Policy," as well as his recent work on fiscal policy. Grey begins by describing the conventional understanding of fiscal policy and the relationship between Congress, Treasury, and the Federal Reserve, especially in relation to debt limits. He explains how the Treasury has other options, specifically minting a high-value coin to avoid debt limits. And he reflects on how this ought to affect our understanding of the relationship between money and debt, especially in relation to our current economic crisis. Grey is on Twitter at @rohangrey.
This episode was hosted by Brian L. Frye, Spears-Gilbert Associate Professor of Law at the University of Kentucky College of Law. Frye is on Twitter at @brianlfrye.
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Podcast: The Henry George Program (LS 31 · TOP 5% what is this?)
Episode: Talkin' Monetary Theory, with Emil Guliyev (pre-virus)
Pub date: 2020-03-23
Notes from The Progressive:
This episode begins discussing Modern Monetary Theory (is it possible to make it apolitical?) and compares it to other wonky currency theories. It also looks into why returning to a gold standard or experimenting with cryptocurrencies would not work in a crisis-prone economy.
Discussing MMT, other currency theories, and more, with some focus on Silvio Gesell; recorded a mere month ago, from a very different pre-COVID world, but more relevant than ever--
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Podcast: Clearing the FOG with co-hosts Margaret Flowers and Kevin Zeese (LS 39 · TOP 2% what is this?)
Episode: Twenty-First Century Neoliberalism Is Failing - Where Do We Go From Here?
Pub date: 2020-03-16
Notes from The Progressive:
Stock markets around the world have become very volatile over the past few weeks with record losses. 21st-century neoliberalism is doomed to be highly unstable with rapid crashes and long recovery times. The system is going to change, but the direction it takes depends on what people do to demand a different system.
Stock markets around the world have become very volatile over the past few weeks with record losses. We are in a global recession, which could become a depression in the United States. Panic over the coronavirus and falling oil prices triggered the crisis, but economists have predicted this for some time due to high levels of corporate debt and artificial propping up of Wall Street. It was just a question of when. We speak with economist Jack Rasmus, author of "The Scourge of Neoliberalism: US Economic Policy from Reagan to Trump," about the current state of the economy and what we can expect from here. Rasmus posits that twenty-first-century neoliberalism is doomed to be highly unstable with rapid crashes and long recovery times. The system is going to change, but the direction it takes depends on what people do to demand a system that puts people before profits. For more information, visit PopularResistance.org.
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Podcast: TALKING POLITICS (LS 67 · TOP 0.05% what is this?)
Episode: Adam Tooze on the Crisis
Pub date: 2020-03-19
Notes from The Progressive:
How does the current crisis compare to the financial crisis of 2008? What are the implications for the future of the Eurozone? What can be learned already about the shift in power from the US to China? How does it all intersect with the oil price war between Saudi Arabia and Russia?
We talk to Adam Tooze in New York about the possible impact of coronavirus on the global financial and political system. How does this crisis compare to the financial crisis of 2008? What are the implications for the future of the Eurozone? And what have we learned already about the shift in power from the US to China? Plus we talk to Helen Thompson in London about how it intersects with the oil price war between Saudi Arabia and Russia. The first of a series of conversations about the biggest event of our times. Updated overnight
Talking Points:
This crisis has revealed the fundamental weakness in the Eurozone. Lagarde’s initial comments re-exposed this fundamental faultline.
- The central question facing the ECB is ‘what is its role with regard to spreads?’
- But over the course of the day, the panic in the markets seems to have led Frankfurt to reevaluate: they’ve come forward with a remarkable bond buying program steered towards buying both sovereign bonds and corporate debt.
- The ECB is now saying that it will lift caps if necessary. This is an effort to take the sovereign risk for the Italians out of the equation and also relieve pressure on the French and the Spanish.
The fundamental weakness in the Eurozone is one of the continuities, but no one really expected it to be exposed.
- Italy wasn’t a causal driver of the crisis of 07/08, but it became collateral damage. It has not recovered. That failure is being exposed.
- There are also novel elements, for example, the explosion of corporate debt since 2008.
- The Eurozone banks aren’t in great shape, but it’s better than ‘07/’08. The question is whether the Eurozone has the stomach for another round of collective efforts.
The inequities in the US health system are severe and will be exposed in this crisis.
- The current crisis is happening on a much shorter timescale than ‘07/’08.
- The impact on working life has been even more rapid.
The spread of this disease from China is not unusual but the ability of the Chinese government to bend this curve so quickly signals the power of state capacity.
- Beijing’s fiscal and monetary stimulus in ‘08/09 should have been a wake up call. This was a key turning point.
What happened to oil prices?
- OPEC Plus broke down, in particular, the relationship between Russia and Saudi Arabia.
- The big question is the politics: the US shale industry can’t cope with prices this low.
- A lot of things that have been destabilizing over the last decade are crashing into each other right now.
Mentioned in this Episode:
- Adam talks about Crashed with David and Helen (full transcript)
- Lagarde’s second statement
Further Learning:
- More on the recently announced ECB bond buying program from the FT
- Adam on Europe (from January)
- Adam on the global shutdown
- Lucia’s piece for the New York Times on Italy and bond spreads
-
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Podcast: New Books in Economics (LS 35 · TOP 3% what is this?)
Episode: Amr Khafagy, "The Economics of Financial Cooperatives" (Routledge, 2019)
Pub date: 2020-03-17
Notes from The Progressive:
What is the influence of financial cooperatives on wealth and income distribution? What institutional factors determine the development of financial cooperatives? Why do financial cooperatives grow in some emerging economies and not in other similar ones?
I spoke with Dr. Amr Khafagy about his recent book The Economics of Financial Cooperatives (Routledge, 2019). Amr is Research Assistant at the Countryside and Community Research Institute of the University of Gloucestershire.
Building on theories of finance and distribution, and the political economy of finance, this book explains the influence of financial cooperatives on wealth and income distribution, and institutional factors that determine the development of financial cooperatives. The book discusses the dynamics of income and wealth distribution with and without financial cooperatives, and defines the economic objective for financial cooperatives. Through explaining the influence of political institutions and regulations on the development of financial cooperatives, this book examines why financial cooperatives grew in some emerging economies and not in other similar ones.
Amr's current main research interests include rural finance and agricultural productivity, financial markets and distribution, income inequality, and the political economy of the Middle East. His previously worked in microfinance in Egypt and India, where he was involved in designing and evaluating rural finance projects, and worked with a range of stakeholders, including farmers and rural households, government representatives/ministry officials, as well as central bank of Egypt and financial institutions.
The book is a useful contribution to the study of a typology of firm that is more important in our markets than generally believed. The empirical work by Amr is very original and helpful because it observed the relationship between the presence of financial cooperatives and income inequality in our economies.
Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies.
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Podcast: GDP - The Global Development Primer (LS 28 · TOP 10% what is this?)
Episode: The Iron Lady's Legacy on Development: Thatcherism, Neoliberalism, and Austerity. 🇬🇧
Pub date: 2020-03-03
Notes from The Progressive:
From deep austerity, to re-imagining what the nation state is, this episode discusses the Iron Lady's long legacy (intentional or otherwise) in international development. It's Thatcherism revisited.
This week, in downtown Vancouver, British Columbia, Dr. Bob Huish is joined by Tari Ajadi to chat about the lingering effects of neoliberalism that Britain's Margaret Thatcher brought to the International Development Discourse. From deep austerity, to re-imagining what the nation state is, in this podcast, we discuss the Iron Lady's long legacy (intentional or otherwise) in International Development. It's Thatcherism revisited. Tari Ajadi is a Ph.D. student in Political Science at Dalhousie University and he is a Junior Fellow at the MacEachen Institute for Public Policy and Governance. His research looks at the barriers to, and the opportunities for, targeted policies aimed at reducing racial health inequities. Tari has published articles in The Globe and Mail, The Chronicle Herald, University Affairs, and The Tyee. Follow Dr. Bob on Twitter: @ProfessorHuish
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Podcast: Start the Week (LS 51 · TOP 0.5% what is this?)
Episode: Morality, money and power
Pub date: 2020-03-09
Notes from The Progressive:
Morality has been outsourced to the markets and the state. Society has become deeply divided, and today's challenges will never be met until people remember the importance of personal morality and responsibility. But this does not mean self-care, self-love and selfies - instead people should focus on communities and caring for others.
Morality has been outsourced to the markets and the state, argues the former Chief Rabbi, Jonathan Sacks. He tells Andrew Marr that society has become deeply divided, and that today’s challenges will never be met until we remember the importance of personal morality and responsibility. But this does not mean self-care, self-love and selfies - instead Sacks says we should focus on communities and caring for others.
For a decade Mervyn King was the most influential banker in Britain as Head of the Bank of England. In 2008 he oversaw the worst financial and economic crisis since the Great Depression. In his new book, King looks back at his career, exploring the difference between risk and uncertainty. He suggests ways to make decisions for an unknowable future.
If you wanted a decision from David Cameron during his time as Prime Minister you would have had to go through ‘the gatekeeper’, Kate Fall. In her memoir of her time at the centre of political power, Fall recalls the highs and lows of working at No. 10, and explains what happens when power and politics starts to fall apart.
Producer: Hannah Sander
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Podcast: Global Development Institute podcast (LS 26 · TOP 10% what is this?)
Episode: In conversation: Siobhan McGrath on forced labour and marketising anti-slavery
Pub date: 2020-03-02
Notes from The Progressive:
A look at various interventions made in the name of ending forced labour, including a labour rights approach in Brazil that puts workers at the centre of deciding how they secure their economic security.
In this episode Dr Rory Horner talked to Dr Siobhán McGrath about her research into forced labour and the marketising anti-slavery.
Siobhán McGrath is Assistant Professor in Human Geography at Durham University
Rory Horner, Senior Lecturer in Globalisation and Political Economy in the Global Development Institute.
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Podcast: The Rhodes Center Podcast (LS 38 · TOP 2.5% what is this?)
Episode: What’s Next? The Post-American Global Economy
Pub date: 2020-03-04
Notes from The Progressive:
First, there was Bretton Woods. Then, globalised neoliberalism. What's next?Is the 'American order' over? And if not, how will it be clear when it is?
First, there was Bretton Woods. Then, globalized neoliberalism. On this episode of the Rhodes Center Podcast, Mark and his guests ask: what’s next? Is the ‘American order’ over? And if not, how will we know when it is? Mark talks with Ilene Grabel, Professor at the Josef Korbel School of International Studies at the University of Denver, and Jonathan Kirshner, political scientist at Boston College. Optimist, pessimist, or realist, this conversation will give you something to chew on.
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Podcast: Cosmopod (LS 41 · TOP 1.5% what is this?)
Episode: Political Undercurrents in Soviet Economic Debates: A Discussion
Pub date: 2020-02-29
Notes from The Progressive:
This episode delves into various undercurrents of Soviet history, including Nikolai Bukharin, the left opposition, Stalin's successes, Soviet reformers, cybernetic planning and more.
Christian and Donald sit down for a discussion on Moshe Lewin's 1974 tome Political Undercurrents in Soviet Economic Debates. They discuss Bukharin, the Left Opposition, Stalin, Soviet reformers, cybernetic planning, and more. Unfortunately, Lewin's book is out of print but we recommend getting your hands on a used copy if possible. If you can't, his book The Soviet Century is still in print from Verso Books. We hope to continue this to be a continuous reading series on the problems of building socialism.
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Podcast: A Correction Podcast (LS 39 · TOP 2% what is this?)
Episode: On Black Marxism, Racial Capitalism and World Systems Theory
Pub date: 2020-02-29
Notes from The Progressive:
Racial capitalism is the death dealing drive of difference that is at the heart of capitalism. That is, capitalism is not a homogenizing force, but relies on the production of differences; and those differences are fundamentally racialised.
We speak with Yousuf Al-Bulushi about the work of Cedric Robinson. Yousuf Al-Bulushi, global and international studies assistant professor at UC Irvine, is a political geographer who focuses on Africa. His research looks at urban space, comparative global movements, and the political economy of globalization within the African landscape.
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Podcast: Macro Musings with David Beckworth (LS 52 · TOP 0.5% what is this?)
Episode: Paul Schmelzing on the ‘Suprasecular’ Decline of Global Real Interest Rates
Pub date: 2020-02-24
Notes from The Progressive:
A new paper covering 700 years of economic history 'requires a rethink of our frameworks ... once we accept that [interest rates are] a long run trend, ... there's really no indication that we have some sort of normal steady state level at say between 2% or 4%.'
Paul Schmelzing is an economic historian, a visiting scholar at the Bank of England and a postdoc at the Yale University School of Management. Paul has written an influential new paper on the long history of interest rates titled, "Eight centuries of global real interest rates, R-G, and the ‘suprasecular’ decline, 1311–2018." Specifically, Paul and David discuss the implications of this paper’s findings for secular stagnation theory, Thomas Piketty’s inegalitarian wealth spiral, and for macroeconomic policy more generally.
Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings
Paul’s Twitter: @paul_schmelzing
Paul’s Harvard profile: https://scholar.harvard.edu/pfschmelzing/bio
Related Links:
- Eight Centuries of Global Real Interest Rates, R-G, and the ‘Suprasecular’ Decline, 1311–2018* by Paul Schmelzing
https://www.bankofengland.co.uk/working-paper/2020/eight-centuries-of-global-real-interest-rates-r-g-and-the-suprasecular-decline-1311-2018
David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth
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Podcast: Love in Action (LS 36 · TOP 3% what is this?)
Episode: Toward A Racially Just Workplace with Laura Morgan Roberts
Pub date: 2020-02-27
Notes from The Progressive:
Two key dynamics that pose challenges for black leaders in the workplace are authenticity and authority. ... Many black leaders have stories in which people in mentorship roles have tried to steer them in completely different paths.'
Laura Morgan Roberts is a Professor of Practice at the University of Virginia's Darden School of Business and a visiting scholar at Harvard Business School's Gender Initiative. As an expert in diversity, inclusion, authenticity and identity development, Laura's extensive research formed the basis for her study of the influence of African American business leaders. She chats with Marcel Schwantes about her recent article, Toward a Racially Just Workplace, and tackles what is seemingly the most uncomfortable conversation in the work environment.
- Laura loves the genuine affirmation of affection from her children that reminds her why life is sacred. [3:36]
- After President Obama was elected, a popular consensus was that American society had moved beyond racism in the workplace. “I think what we saw was more of a hope than a conclusion… that Barack Obama’s election sort of symbolized that this was a harbinger of things to come, Laura comments. [4:37]
- Research shows that only 8% of managers and 3.8% of CEO’s are of African American descent, which is concerning as it does not reflect the global population. [7:29]
- Marcel asks Laura why she thinks there is such a small percentage of black leaders. “What has been persistent over time is a practice of sort of betting on familiarity… giving those new opportunities… to people who remind us of our younger selves. And so when the people who are in the leadership positions are the ones we're doling out those opportunities to… they're also more likely to be alarmed… when someone who doesn’t share aspects of their experience messes up… You’re not given the same freedom to fail when you’re a person who exists on the margins, she explains. [10:08]
- Two key dynamics that pose challenges for black leaders in the workplace are authenticity and authority. [12:38]
- Many black leaders have stories in which people in mentorship roles have tried to steer them in completely different paths, “with very little knowledge or data of what they were truly capable of, Laura adds. [16:51]
- Laura admonishes leaders to “get real about recognizing that external occurrences affect organizations internally. “There's no… concrete wall that sort of segments the organization and protects it from whatever is happening in society around inequality and exclusion and oppression. [20:30]
- Our egos are tied up especially when workplace issues are concerned. [23:51]
- Oftentimes conversations about diversity and inclusion initiatives turn into ego defensive arguments, which inhibits exploration of avenues for productive coexistence. [26:19]
- “If you want to understand how to be more inclusive, you can’t just sit around and talk to the people who already feel included, Laura says. Leaders should take themselves back to experiences where they felt excluded and ask themselves what others could have done to make them feel included. [37:27]
- The “secret sauce in truly promoting greater racial diversity, inclusion and equity is the heart. [41:15]
- Laura offers advice for the African American professional wanting to grow as a leader. [43:27]
- Marcel asks Laura why she thinks fear is so prevalent in the workplace. “We structure our organizations and in ways that trigger people's feelings of scarcity… and when people are operating in that dimension of scarcity they’re triggered… they're really afraid because they're feeling incredibly vulnerable. Marcel comments that Laura’s answer is the most scholarly one he’s received yet. [46:40]
- Laura wants race to no longer be associated with fear, problems and challenges, and would much rather it be embraced. [50:26]
Resources
Toward a Racially Just Workplace
Advancing Black Leaders
Laura Morgan Roberts on LinkedIn | Twitter
LauraMorganRoberts.com
The podcast and artwork embedded on this page are from Marcel Schwantes, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: This Is Hell! (LS 58 · TOP 0.5% what is this?)
Episode: 1133: The histories of production.
Pub date: 2020-02-25
Notes from The Progressive:
There's a strong school of thought that thinks the transition from a hunting and gathering mode of life to an agricultural mode of life was something that was forced on us. ... What you've got there is an analogy to capitalism destroying the natural resources on which industrial society depends.'
Economist Paul Cockshott on his book "How the World Works: The Story of Human Labor from Prehistory to the Modern Day" from Monthly Review Press.
https://monthlyreview.org/product/how-the-world-works/
PLUS: Chuck gets trolled by CNN, and this week in Rotten History...
The podcast and artwork embedded on this page are from This is Hell!, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Taxcast (LS 38 · TOP 2.5% what is this?)
Episode: Financial Secrecy Index: who are the world's worst offenders?
Pub date: 2020-02-20
Notes from The Progressive:
This episode takes a tour around the world of the worst offenders selling secrecy services. What can nations can do to protect themselves and their populations from the corruption that results from financial and legal secrecy?
In this special extended Taxcast, Naomi Fowler takes you on a whistle-stop guided tour on an express train around the world, looking at the worst offenders selling secrecy services. What can nations can do to protect themselves and their populations from the corruption that results from financial and legal secrecy?
https://www.thetaxcast.com/the-financial-secrecy-index-who-are-the-worlds-worst-offenders-the-tax-justice-network-podcast-special-february-2020/
The podcast and artwork embedded on this page are from Tax Justice Network, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: On the Media (LS 74 · TOP 0.05% what is this?)
Episode: Corporations Were Always People
Pub date: 2020-02-19
Notes from The Progressive:
The principle of corporate rights has a long history of litigation, predating the founding of the United States. This episode adds context to several of these cases, explaining why Citizens United's use of 'corporate personhood' was not unique and how the 14th amendment was used to try to advance business rights.
No discussion of money and politics is complete without a tip of the hat to Citizens United, the landmark Supreme Court ruling of 10 years ago that recognized corporations as people and their money as speech.
That ruling was followed a few years ago by the Hobby Lobby decision, giving business owners the right to flout federal law based on their religious beliefs. To many Americans, particularly on the left, both rulings were bizarre and ominous expansions of corporate rights. But, if you think this is the novel handiwork of a uniquely conservative Supreme Court, you haven't been paying attention to the past three or four hundred years of court cases and American history.
Adam Winkler, professor of law at UCLA, is the author of We the Corporations: How American Business Won Their Civil Rights. He told us in 2018 that the principle of corporate rights has been litigated forever and predates our very founding.
The podcast and artwork embedded on this page are from WNYC Studios, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Arts & Ideas (LS 55 · TOP 0.5% what is this?)
Episode: New Thinking: It all begins here? Understanding the Industrial Revolution
Pub date: 2020-01-31
Notes from The Progressive:
New insights on the Industrial Revolution: from government intervention and workshop ingenuity; to Britain's 'mind blowing historical carbon debt' and ground that's been polluted for 200 years; to the slave economies of Jamaica and the southern US states.
From government intervention and workshop ingenuity, to Britain's 'mind blowing historical carbon debt' and ground that's been polluted for 200 years, via the slave economies of Jamaica and the southern US states. John Gallagher discusses new lines of thinking on the Industrial Revolution with historians Emma Griffin of the University of East Anglia, and William Ashworth of the University of Liverpool.
More information about Living With Machines https://livingwithmachines.ac.uk/ Living with Machines is funded by AHRC, part of UKRI. This episode is one of a series of conversations - New Thinking - produced in partnership with the Arts and Humanities Research Council, part of UK Research & Innovation. Further podcasts are available on the BBC Radio 3 Free Thinking website under the playlist New Research https://www.bbc.co.uk/programmes/p03zws90
Producer: Luke Mulhall
The podcast and artwork embedded on this page are from BBC Radio 3, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The Governance Podcast (LS 27 · TOP 10% what is this?)
Episode: Socialism and the Future of Heterodox Economics: In Conversation with Geoffrey Hodgson
Pub date: 2020-02-06
Notes from The Progressive:
Is socialism feasible? What is the future of heterodox economics after the financial crisis? A wide-ranging conversation on the nature of social democracy, neoliberalism, and new paradigms in economics.
Is socialism feasible? What is the future of heterodox economics after the financial crisis? In this episode of the Governance Podcast, Mark Pennington (King's College London) sits down with Geoffrey Hodgson (Loughborough University London) for a wide-ranging conversation on the nature of social democracy, neoliberalism, and new paradigms in economics. Subscribe on iTunes and Spotify Subscribe to the Governance Podcast on iTunes and Spotify today and get all our latest episodes directly in your pocket.
Follow Us For more information about our upcoming podcasts and events, follow us on facebook, twitter or instagram (@csgskcl).
The Guest Geoffrey Hodgson is a Professor in Management for the Institute for International Management at Loughborough University London. He is a specialist in institutional and evolutionary economics, with a background in economics, philosophy and mathematics. His research has applications to the understanding of organisations, organisational change, innovation, entrepreneurship and economic development. Hodgson is also the Editor in Chief of the Journal of Institutional Economics (ABS rank 3). He has published 18 academic books and over 150 academic articles. He is the winner of the Schumpeter Prize 2014 for his book on "Conceptualizing Capitalism". Skip Ahead 0:55: You've actually got two books out in the last year -- Is Socialism Feasible? and Is there a future for heterodox economics? I wonder if we could start by you talking us through-- first of all, how do you write two books in a year, but also the rationale for these two particular books?
8:44: I'd like to follow up on that last part and link it to the motivation for writing these books-- you're very clear to make a distinction between socialism and social democracy, so you do see yourself as a kind of social democrat who has been influenced by arguments in the liberal tradition. I wonder if you could say something about why you think, following the crash, there's been a movement toward going back to what you describe as 'big state socialism' as opposed to embracing a radical Keynesian view or some kind of interventionist or redistributive politics, which isn't about nationalising or controlling everything from the centre.
14:45: I really enjoyed this section of the book where you're talking about the use of terminology-- how the use of this term 'neoliberal' has meant that you almost can't have a conversation in certain areas because anything turns out to be neoliberal if it isn't full blooded socialism and I think there's a wonderful line in the book where you say that if you follow this kind of reasoning, when Lenin introduced the New Economic Policy to save the Soviet people from starvation, this would have been described as a neoliberal policy by some of the contemporary left.
16:34: Why do you think that label [neoliberalism] has become so ubiquitous?
18:17: You mention some heterodox thinkers using the term, dismissing certain things as being right wing just because of that. Perhaps we can connect to the second book-- could you talk about the rationale for writing it?
26:32: Can we pursue that more, this issue about how effectively methodological questions seem to get confused with policy positions or ideological views in heterodoxy? This is something that's always frustrated me-- I consider myself to be quite heterodox in the sense that I'm very influenced by the Austrian school ideas. There are lots of debates I'd like to engage with people who are post-Keynesians or post-institutionalists or evolutionary thinkers, and I feel that we should have a club identity around those themes. But because we might divide on policy issues that seems to come apart.
29:59: There is so much within neoclassical economics which promotes, if not radical socialism, although you could interpret some general equilibrium theory in that way, but it certainly promotes interventionism -- it assumes away all the problems of tacit knowledge.
30:33: You've given reasons why you think heterodox economics as a set of broad theories is not in as good a shape as you'd like it to be, and that's one of the reasons you've written this book-- I wonder if you could address institutional economics, which on some readings is a kind of subfield within the broad heterodox camp, but arguably with things like new institutional economics there are some overlaps with the mainstream.
34:46: I would have thought there should be more overlap between some of the concerns of institutional economics-- you think about the role that soft institutions or beliefs play, or the way ideas are communicated, with a lot of the work that takes place in cultural studies or communication studies, these kind of areas which often see themselves as being antithetical to economic ways of thinking, but they're actually dealing with questions about how ideas spread, how norms change, and you'd think this is terrain where they should be interested in the kind of insights you'd get from these fields.
39:07: This connects back to our earlier discussion about the socialism book-- within our research centre here we're very much concerned with governance questions. Of course within that area we focused on themes like markets and private property, state ownership. But one of the great contributions I think of institutional economics, certainly of people like Elinor Ostrom, is to point out this whole space that many people have missed, which is between markets and states. And there's even been the argument made that to speak in terms of markets and states is a kind of outdated mode of analysis, that we actually need to be seeing all solutions to social problems in some sense as being some form of hybrid. Do you think that is one of the most important contributions of institutional economics?
41:33: I'm struck by how few politicians are able to articulate that kind of language. You could say that some people used to talk about the third way as something different, but people spoke about a third way or looking for some notion of hybrids.
46:50: Is there a way in policy terms where people can conceive of allowing different institutions to coexist so that we don't see this as being a choice between all markets or all something else; we actually have different kinds of organisation coexisting in a society? If you think about a solution to religious conflict -- it's to tolerate the fact that people have different religions. If we can tolerate the fact that some people prefer different institutional forms, we've got to figure out some way allowing them to coexist rather than seeking victory for one side.
52:09: To reflect a bit on what is happening to economics -- to think about those questions post-crisis-- I remember the financial crash, there was a huge amount of activism by students and people in the profession saying that economics needs to rethink itself. Some of the issues we've talked about get to parts of that, but my understanding is that economics hasn't changed much at all these 15 years. Do you see any signs of change?
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Podcast: Social Europe Podcast (LS 26 · TOP 10% what is this?)
Episode: David Webber: The Rise of the Working Class Shareholder
Pub date: 2020-02-03
Notes from The Progressive:
Labor and capital can no longer be said to stand on two different sides, with two distinct and conflicting interests. This episode looks at the rise over the last few decades of labor's capital; in other words, the potential (institutional) power of working class shareholders and how this power could be used to further working class interests.
Listen to Social Europe Editor-in-Chief Henning Meyer in conversation with David Webber. They discuss the potential (institutional) power of working class shareholders and how this power could be used to further working class interests.
David Webber is Associate Dean for Intellectual Life and Professor of Law at Boston University Law School.
You might also find our regular articles, blogs and other written publications of interest. Just visit our website www.socialeurope.eu to read our latest output. If you want to stay up-to-date with all things Social Europe just sign up to our regular newsletter. You can do so on our website.
The podcast and artwork embedded on this page are from Social Europe, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Debunking Economics - the podcast (LS 36 · TOP 3% what is this?)
Episode: 186. Does fiscal stimulus work? What about Friedman’s argument of nominal value? (preview)
Pub date: 2020-02-03
Notes from The Progressive:
Milton Friedman said that printing money to pump into the economy would only produce a sugar hit that couldn't last because of rising inflation. Was he right? Could an idea like helicopter money actually work?
Today Phil Dobbie talks to Prof Steve Keen about Milton Friedman’s concept of nominal value ,and how this runs counter to the argument that governments can create money to give the economy a sugar hit. The theory is, we’ll realise that the extra helicopter money has devalued the currency so, after an initial burst of growth, we’ll realise that we’re actually no better off. So where does this theory go wrong? Other than the fact that most money is created by commercial banks, not governments extending their debt.
To hear the full version subscribe by picking a plan in the right column of the Debunking Economics website (not the mobile app). Or become a patron at https://www.patreon.com/ProfSteveKeen
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Podcast: historicly (LS 46 · TOP 1% what is this?)
Episode: Big Structural Adjustments with Fadhel Kaboub
Pub date: 2020-01-31
Notes from The Progressive:
The lack of monetary sovereignty of formerly colonised countries should be a chapter relegated to history - and yet it is not. The reasons for this are complex and come from both former colonisers and former colonies, including not only financial concerns but also military ones.
In this episode, Fadhel Kaboub from Denison University joins us to talk about monetary sovereignty (or lack thereof) in formerly colonized countries.
Highlights
France and the CFA
On December 26, 1945, to the official creation of the Franc of the French Colonies in Africa (FCFA) in their 15 colonies. As we have covered before, France bullied these colonies into agreeing to continue to the CFA, after “independence
France forced these 14 African into a treaty where they must put: 65% of their foreign currency reserves into the French Treasury and another 20% to "repay" France for their benevolent colonialism. The CFA countries only ever have access to 15% of their own money! And if they want to borrow money, they need to borrow it from private French Bankers at Commercial rates.
Most of these countries are mineral rich. Under the, “Treaty for Independence",France gets the right of first refusal for any mineral contract. Only if France says they don’t want to extract resources, these countries can make contracts with others to mine.
Why don't these colonies break the treaties?
Well, France has thought of that too. Within the treaty, France has an exclusive contract to sell weapons and also train the military in the former colonies.
The treaties also give France the authority to "pre-deploy" French troops for "peace-keeping" purposes. This means that if a country’s leader tried to get out of this, well, the French pre-deployed troops can force a coup at anytime!
Trade Deficits
Food Sovereignty
Most colonies were designed to produce one crop and they would import their food needs because they were not treated like a country with citizens but an area for capital exploitation. After world war II, Europe made sure that it was food sovereign, but these colonies have to import food from Europe.
Energy Sovereignty
Importing energy is a one way import. This creates an imbalance too!
Imbalance of Value-Added imports
African countries export raw minerals. These minerals get processed abroad and then get reimported back as cellphones, tvs etc. Since Africa isn’t allowed to develop its own industries, the goods they import cost much more than the goods they export. This creates a trade deficit. When the trade deficit gets big enough, we get big structural adjustments from the IMF.
Structural Adjustments
Eventually, these developing countries lose their sovereignty when the trade deficits get too high, the IMF steps in and imposes conditions, which usually make things worse for the developing countries. This is the bulk of the episode!
Fadheel Khaboub can be found on twitter. His progressive policy think-tank: Global Institute for Sustainable Prosperity works on creating a fairer and more just world by working with countries on monetary sovereignty.
Get full access to Historic.ly at historicly.substack.com/subscribe
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Podcast: Warwick Critical Finance
Episode: Matthias Thiemann: 'The scientization of central banks: How economists shape macroprudential policy'
Pub date: 2020-01-28
Notes from The Progressive:
How do economists shape central bank policy? This episode goes beyond the legitimating discourses ofeconomists to understand their policy devices; the ways in which they observe the economy, measuredevelopments within it and develop tools to use this information; thus facilitating certain policy actions and not others.
How do economists shape central bank policy? Do we need to place our focus on the legitimating discourses of economists, be they within or outside of central banks; or do we also need to understand the policy devices - ways of observing the economy, measuring developments within it and tools to act upon this information - which are developed by these economists? Which dangers are envisioned/anticipated by these measuring devices and which policy actions do they facilitate?
To discuss these questions, WCF invited Matthias Thiemann, Assistant Professor for European Public Policy at Science Po, Paris. In this talk, Matthias analyses why certain ideas that gained prominence post-crisis are translated into policy tools, while others are eschewed by policy makers.
The podcast and artwork embedded on this page are from Warwick Critical Finance Group, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: Hear This Idea (LS 31 · TOP 5% what is this?)
Episode: 1. Victoria Bateman on the Industrial Revolution and Economic History
Pub date: 2020-01-25
Notes from The Progressive:
The episode begins by laying why the Industrial Revolution is so important in understanding moderneconomic growth; then outlines the historical debate on why Britain was the first industrialised nation;and finally delves into why women and fertility were a critical yet neglected aspect of this...
Show Notes Dr Bateman is a fellow in economics at Gonville & Caius college Cambridge. Her research encompasses economic history, macroeconomics, and feminism.
You can read more on this episode's accompanying write-up.
If you have any feedback or suggestions for future guests, please get in touch through our website.
Please consider leaving a review on Apple Podcasts or wherever you're listening to this; we're just starting out and it (really) helps listeners find us!
If you want to support the show more directly, you can also buy us a drink here.
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Podcast: Pitchfork Economics with Nick Hanauer (LS 60 · TOP 0.5% what is this?)
Episode: Corporate parasites: how taxpayers subsidize profits (with Rana Foroohar and David Dayen)
Pub date: 2020-01-21
Notes from The Progressive:
Every company you can think of has benefitted from a public investment. Whether it's direct handouts through the tax code, government research efforts, or employee reliance on programs like EITC or TANF, taxpayers are subsidizing wildly profitable companies. ... [This episode explains] how we let corporate parasites get so out of control-and what we can do about it.
Every company you can think of has benefitted from a public investment. Whether it’s direct handouts through the tax code, government research efforts, or employee reliance on programs like EITC or TANF, taxpayers are subsidizing wildly profitable companies.
David Dayen, the executive editor of The American Prospect, and Financial Times associate editor Rana Foroohar join Nick and Zach to explain how we let corporate parasites get so out of control—and what we can do about it.
News clips credit: CNBC, KING 5, NPR, Democracy Now!
Rana Foroohar is Global Business Columnist and an Associate Editor at the Financial Times. She is also CNN’s global economic analyst. She is the author of Makers and Takers: The Rise of Finance and the Fall of American Business and Don’t Be Evil: How Big Tech Betrayed Its Founding Principles and All of Us.
Twitter: @RanaForoohar / @FT / @CNN
David Dayen is the executive editor of The American Prospect. His work has appeared in The Intercept, The New Republic, HuffPost, The Washington Post, the Los Angeles Times, and more. His is the author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud.
Twitter: @ddayen / @theprospect
Further reading:
Confronting the parasite economy: https://prospect.org/labor/confronting-parasite-economy/
Makers and Takers: https://www.ranaforoohar.com/makersandtakers
How to Cure Corporate America’s Selfishness: https://newrepublic.com/article/150695/cure-corporate-americas-selfishness
Website: http://pitchforkeconomics.com/
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
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Podcast: States of Anarchy with Hamsini Hariharan (LS 33 · TOP 5% what is this?)
Episode: Ep. 42: God Save the WTO
Pub date: 2020-01-21
Notes from The Progressive:
How did the World Trade Organization's success story turn sour?If states cannot settle trade disputes through the WTO's dispute mechanism, what does that mean for international organizations?
Vineet Hegde joins Hamsini Hariharan to discuss the crisis in the dispute mechanisms of the World Trade Organization and what it means for international organizations. For questions or comments, reach out to the host @HamsiniH or on Instagram @statesofanarchy.
Read More:
- World Trade Organisation
- Legal Problems of International Economic Relations: Cases, Materials and Text on the National and International Regulation of Transnational Economic
- The World Trade Organization: A Very Short Introduction
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Podcast: The East is a Podcast (LS 48 · TOP 1% what is this?)
Episode: Hilbourne A. Watson on imperialism, theory, and capital (pt.1)
Pub date: 2020-01-20
Notes from The Progressive:
A Marxist reading of Caribbean political economy. Rejecting liberal internationalism and methodological nationalism, this episode traces the formation of capitalism in the anglophone Caribbean through a historical materialist lens, looking at racialized class relations, foreign finance and Western imperialism.
Hilbourne A. Watson is an Emeritus Professor at Bucknell University. Jeb Sprague is a Research Associate at the Institute for Research on World-Systems at the University of California, Riverside
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Podcast: KPFA - Against the Grain (LS 47 · TOP 1% what is this?)
Episode: Against the Grain – January 15, 2020
Pub date: 2020-01-15
Notes from The Progressive:
What role did slavery play in the story of U.S. capitalism? Does the fact that slavery wasn't rooted in wage labor mean that it wasn't a form of capitalist practice? The author of 'Accounting for Slavery: Masters and Management' offers a definition of capitalism and shares her understanding of how commodification, and the power to impose it, operated under slavery
U.C. Berkeley historian Caitlin Rosenthal, author of “Accounting for Slavery: Masters and Management, discusses the relationship between slavery and capitalism.
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Podcast: A Correction Podcast (LS 39 · TOP 2% what is this?)
Episode: Why Microfinance Failed in The Global South
Pub date: 2020-01-11
Notes from The Progressive:
Microfinancers (loan sharks) have preyed on rural Sri Lankan women over the past few years-and gone away with reckless and exploitative practices. Listen in for an explanation of how these loans work and what has made them so devastating for debtors in the Global South
We speak with Ahilan Kadirgamar about microfinance. Ahilan Kadirgamar is a member of the Collective for Economic Democratisation. He is also Senior Lecturer, Department of Sociology, University of Jaffna, Sri Lanka. He served on the Central Bank of Sri Lanka appointed committee to draft the Economic Development Framework for a Northern Province Master Plan (August 2018).
If you like the show please go to iTunes and give us a review. It helps other people find A Correction.
Please don’t hesitate to let us know what topics you’d like us to cover in the future.
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Podcast: Trade Talks (LS 52 · TOP 0.5% what is this?)
Episode: 117. Trump’s Import Tariffs Have Hurt US Exports
Pub date: 2020-01-08
New evidence reveals Trump’s import tariffs are contributing to the recent slowdown in US exports.
The podcast and artwork embedded on this page are from Soumaya Keynes & Chad P. Bown, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Podcast: The State of Working America Podcast (LS 31 · TOP 5% what is this?)
Episode: America's Labor Revival
Pub date: 2020-01-07
As workers around the country both union and nonunion ramp up their activism, Steven Greenhouse, author of Beaten Down, Worked Up and a long-time New York Times labor reporter, chronicles the recent labor revival.
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Follow EPI on Twitter: https://twitter.com/EconomicPolicyFollow Steven Greenhouse: https://twitter.com/greenhousenytFollow Pedro da Costa: https://twitter.com/pdacosta
__
The State of Working America Podcast is part of EPI’s effort to raise workers’ voices to ensure they are heard in the economic policy debate. Hosted by Pedro da Costa.
Core topics include workers' rights, inequality, race, gender, labor markets, education and immigration, but we're interested in all things related to social justice.__
EPI: https://www.epi.org/podcastYouTube: https://youtu.be/byS7FA_DV34?list=PLfUJUSq1NUMBPEGWmKTI2gmXLM4sHv5GeiTunes: https://podcasts.apple.com/us/podcast/the-state-of-working-america-podcast/id1482958680Google: https://podcasts.google.com/?feed=aHR0cHM6Ly93d3cuc3ByZWFrZXIuY29tL3Nob3cvNDEwMTU3Mi9lcGlzb2Rlcy9mZWVkStitcher: https://www.stitcher.com/podcast/the-state-of-working-america?refid=stprSpotify: https://open.spotify.com/show/2aRtKp06PLbWHITBHiYvNxPlayerFM: https://player.fm/series/series-2555885TuneIn: https://tunein.com/podcasts/Podcasts/The-State-of-Working-America-Podcast-p1256669Spreaker: https://www.spreaker.com/show/the-state-of-working-america-podcastPodchaser: https://www.podchaser.com/podcasts/the-state-of-working-america-p-925713RadioPublic: https://radiopublic.com/the-state-of-working-america-podc-8j4z40iHeartRadio: https://www.iheart.com/podcast/269-the-state-of-working-ameri-51807587/
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Podcast: Sidedoor (LS 64 · TOP 0.1% what is this?)
Episode: Ponzi's Scheme
Pub date: 2020-01-08
Nearly 100 years ago, Charles Ponzi stumbled across a loophole in the international postal system and turned it into one of the most infamous scams of all time. This time on Sidedoor, we follow Ponzi from his early days until his epic downfall, and hear from a postal investigator trained to catch swindlers like Ponzi who continue to use the U.S. mail for nefarious purposes.
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Podcast: The Sound of Economics (LS 32 · TOP 5% what is this?)
Episode: S6: Capture the nodes
Pub date: 2019-12-16
How do states exercise power through global economic networks? The multilateral world order is supposed to be harmonious, but by seizing the nodes of production, powerful forces can control access to the global economic system and threaten to lock their rival out. This week, Nicholas Barrett and Guntram Wolff are joined by Henry Farrell, Professor of political science and international affairs at the George Washington University, and Abraham L. Newman, Professor of Government at the Georgetown University, to discuss their theory of weaponised interdependency
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Podcast: Europe's New Political Economy
Episode: EP09: Gabriel Zucman - Wealth taxes and tax havens
Pub date: 2019-12-13
In our last 2019 episode, Aidan Regan talks to UC Berkeley's Gabriel Zucman, one of the leading experts in global tax competition (and evasion!) about tax havens, wealth inequality, and how to popularize research in economics across the U.S. and EU.
More on Zucman's latest book: https://wwnorton.com/books/the-triumph-of-injustice
On the New Political Economy of Europe: http://www.newpoliticaleconomyeurope.eu/
Follow us on Twitter! https://twitter.com/UCD_DEI
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Podcast: SOAS Economics: Seminar series, public lectures and events (LS 30 · TOP 10% what is this?)
Episode: Capitalism and Climate Breakdown: From Analysis to Rebellion
Pub date: 2019-12-06
Julia Steinberger (University of Leeds) and Elena Hofferberth (University of Leeds)
In this talk, we first cover the (physical) science basis and the case for a climate emergency. Depending on the economic interpretation of the causal dynamics connecting fossil fuels and the economy, entirely different proposals for tackling climate breakdown are put forward. We will discuss green growth reformist proposals and contrast them with radical degrowth ones. We summarise the empirical evidence on either side of this debate. We explore the implications of current Green New Deal and Just Transition proposals. We end by encouraging a debate on the topic of which economic science is needed for our planetary future.
Speakers: Julia Steinberger (University of Leeds) and Elena Hofferberth (University of Leeds), Elisa Van Waeyenberge (SOAS)
Published by: SOAS Economics Podcast
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Podcast: historicly (LS 46 · TOP 1% what is this?)
Episode: History of the IMF with Michael Fellman
Pub date: 2019-12-08
In 1944, representatives of the Allied nations met at Bretton Woods to develop plans for a post-war economic world order. Rules for the regulation of currency exchange & trade were developed, and institutions such as the IMF and the World Bank were created to oversee national lending and development projects. Guided by New Deal economists like Harry Dexter White and John Maynard Keynes, the hope was that this framework could could ensure a stable international order that would prevent another world war or a resurgence of fascism.
In reality, the past half-century has been marked not by a (relatively) benign global Keynesianism, but by the adoption of neoliberal policies and subsequent explosion of unchecked capitalism. And at the heart of these policies? The very institutions designed to usher in a more peaceful world.
Our guest, Michael Fellman, joins us today to discuss the history of one of these institutions—the IMF; its disastrous policies, and what a different policy agenda could accomplish.
Mike Fellman is an economist and financial sector expert. He has worked at the International Monetary Fund and the Federal Home Loan Mortgage Corporation. (Freddie Mac) He holds a master's degree in economics from the University of Maryland. He can be reached on social media via @MikeFellman.
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Podcast: The Audio Long Read (LS 64 · TOP 0.1% what is this?)
Episode: The great American tax haven: why the super-rich love South Dakota
Pub date: 2019-12-09
It’s known for being the home of Mount Rushmore – and not much else. But thanks to its relish for deregulation, the state is fast becoming the most profitable place for the mega-wealthy to park their billions. By Oliver Bullough. Help support our independent journalism at theguardian.com/longreadpod
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