What Is the State & the Challenge to Transcend It?
John Bellamy Foster points to "Beyond Leviathan" by István Mészáros for insights into the ancient origins of the state and nature of its evolution over thousands of years, the necessity to move beyond the state, and how to meet that challenge. Produced by GPEnewsdocs.
READ MOREHow Indian, Chinese, and U.S. Corporations Vie for Control of Sri Lankan Ports – Asoka Bandarage part 2/2
Due to its prime geographical location in maintaining global value chains and shipping routes, the U.S., via the U.S. International Development Finance Corporation (DFC), as well as India’s Adani Group and China, are all investing in Sri Lanka’s ports. In part 2, sociologist Asoka Bandarage discusses how many countries and multi-national corporations treat Sri Lanka as testing and dumping grounds, exemplified by reports that the Dali ship, which crashed into the Baltimore Bridge, was carrying hazardous waste to Sri Lanka.
READ MOREIMF & Private Creditors Subject Sri Lanka to Neo-Colonial Debt Bondage – Asoka Bandarage part 1/2
The Sri Lankan government turned to the IMF for a near $3 billion bailout to repay loans provided by India and Japan, as well as international sovereign bonds issued by foreign creditors such as BlackRock. Dr. Asoka Bandarage, sociologist and author of Crisis in Sri Lanka and the World, suggests that Prime Minister Rajapaksa's declaration of bankruptcy in 2022 and the subsequent IMF bailout under Prime Minister Wickremesinghe was not an absolute necessity, but an attempt to shift Sri Lanka further under the umbrella of Western and Indian institutions, and away from Chinese loans.
READ MOREA Solution to the “Immigration Crisis” – Paul Jay
Paul is asked about the lack of healthcare resources and growing opposition to immigration in Canada.
READ MOREClimate Change, Economy & Work, Environment, History
Capitalocene: How Capitalism Created the Climate Crisis – Jason W. Moore pt 1/2
The current climate crisis emerged out of a specific set of historical and economic factors which have maintained capitalist accumulation and class inequalities to this day. Jason W. Moore, geographer and Professor of Sociology at Binghamton University, explains how the development of capitalism fueled European colonialism and Western imperialism, resulting in a novel form of climate destruction.
READ MOREEconomy & Work, Workers & Unions
Wealth Supremacy vs. The Democratic Economy with Marjorie Kelly
Renowned social theorist, systems thinker, and organizer, Marjorie Kelly, gives an early look at her new book: Wealth Supremacy. Speaking with Colin Bruce Anthes, she details the entrenched ways our current system is built around myths that make giving more wealth to the already wealthy seem necessary— even when we try to use our institutions for the common good. Kelly contrasts this with an outnumbered but successful democratic economy with many forms of democratized ownership and participation: public utilities, employee-owned companies, community land trusts, cooperatives, and more. We can create an economy that works for everyone, she argues, but only if we systematically discredit the moral status of wealth supremacy and turn towards a democratic economy paradigm.
READ MORESeeking Full Employment Without Falling Prey to Neoliberal Traps
William Mitchell exposes the many ideological maneuvers progressives need to confront in disputing the supremacy of profits over employment and people’s dignity. That goes for disciplining the state to appease foreign exchange markets, the problems with Basic Income proposals, and much more. Lynn Fries interviews William Mitchell on GPEnewsdocs.
READ MOREBRICS: Talk Left, Walk Right – Patrick Bond (pt 2/2)
In part 2, Patrick Bond broadens out his analysis of the BRICS countries engaging in what he terms "talk left, walk right." He explains the economic theories of "accumulation by dispossession" and refers back to the aims of the Non-Aligned Movement of 1961 and the spirit of the 1955 Bandung Conference.
READ MOREAsia, Climate Change, Economy & Work
Debt and Climate Crisis in Sri Lanka and the World – Asoka Bandarage
Dr. Asoka Bandarage is an adjunct professor at the California Institute for Integral Studies and the author of a new book, Crisis in Sri Lanka and the World. Sri Lanka has had a minuscule carbon footprint, and yet the country is particularly vulnerable to the effects of climate change, coastal erosion, and flooding. She discusses the convergence of existential climate and debt crises in Sri Lanka, the latter resulting from IMF debt restructuring and the lack of a globally coordinated multilateral sovereign debt mechanism that places traditional and private lenders on an equal footing.
READ MORENon-Aligned Movement +G77 (Group of Developing Countries) versus G7+NATO+OECD+World Economic Forum
Jomo K.S. warns U.S. policies are driving the world towards war and depression, leaving developing countries with a strong vested interest to reconvene a new non-aligned movement and strengthen democratic institutions of global governance. Lynn Fries interviews Jomo K.S. on GPEnewsdocs.
READ MOREDebt Ceiling Theater and the Trump Parallel Universe
Paul Jay interviews Tom Ferguson about the debt ceiling crisis in the United States. Ferguson explains that the debate over the debt ceiling is largely theater, with both Democrats and Republicans working together to cut spending while maintaining the appearance of opposition. He criticizes the Democrats for not raising the debt ceiling earlier when they had the opportunity and suggests that their reluctance is due to their desire to secure more campaign funding for future elections. Ferguson argues that the spending cuts rolled back are not significant enough to impact inflation and proposes alternative measures, such as taxing the wealthy and reducing defense spending, to address the issue. He also discusses the influence of money in politics and the Democratic Party's efforts to weaken the progressive wing.
READ MOREHonest Government Ad | Reserve Bank of Australia
The Reserve Bank of Australia has made an ad, and it’s surprisingly honest and informative. This video was originally published by The Juice Media on May 6, 2023.
READ MOREPart 2: Debt and the Collapse of Antiquity – Michael Hudson
In part two, Michael Hudson discusses his new book "The Collapse of Antiquity." Hudson challenges the traditional beliefs about the fall of the Roman Empire, arguing that it was caused by a financial crisis brought on by excessive debt, wealth inequality, and the concentration of economic power. Hudson draws parallels to modern-day economies and highlights the dangers of financialization and wealth concentration.
READ MOREEconomy & Work, History, U.S. Politics
Debt and the Collapse of Antiquity – Michael Hudson (pt 1/2)
We get a first look at the new book by renowned political economist Michael Hudson on the age-old battle between creditors and the real economy. Ancient Rome refused to adopt the practices of debt forgiveness and land redistribution previously understood to be essential. Instead, they instituted a rigid pro-creditor legal system, assassinating anyone who remotely threatened it--including Tiberius Gracchus, Julius Caesar, and Jesus. The empire devolved into a rentier economy, ultimately collapsing from within. Today's neoliberal establishment increasingly defends this failed state framework, even as the same disastrous dynamics intensify.
READ MOREFederal Reserve is Throwing Workers Out of Work to Save the Rich
Economists Gerald Epstein and Aaron Medlin's data shows the paradox of ignoring employment and choosing to throw workers out of work has persisted over time at the Federal Reserve.
READ MOREClimate Change, Economy & Work
Exposing Apocalyptic Economics with Steve Keen
Steve Keen has been exposing the ways mainstream neoclassical economists—including winners of the so-called Nobel Prize in Economics— have been arriving at their absurdly optimistic numbers regarding climate change, and they’re terrifying. In this interview with Colin Bruce Anthes, Keen goes through prevalent examples in detail and argues that these numbers and the methods behind them must simply be thrown in the garbage.
READ MORENo Evidence to Support FED 2% Inflation Target – Robert Pollin
The inflation conference at Political Economy Research Institute at UMass Amherst (PERI) presented mounting evidence that raising the rate of interest will only raise unemployment and weaken the bargaining power of low-wage workers and the poor that are already hit hard by the pandemic across the world. Robert Pollin joins Sharmini Peries on theAnalysis.news.
READ MORETime Bomb in Global Finance – Rob Johnson
A Bank for International Settlements study says 60+ trillion dollars of off-the-books currency swaps could be a profound, systematic risk. Robert Johnson joins Paul Jay on theAnalysis.news.
READ MOREBig Tech, Economy & Work, Finance
Monopoly Power vs Democracy – Matt Stoller
Are antitrust laws effective as a mechanism to break up monopolies and Big Tech? How monopolies enable price-gouging and drive inflation. Talia Baroncelli speaks to Matt Stoller, Research Director at the American Economic Liberties Project.
READ MOREHonest Government Ad | the Rental Crisis
The Australien Government has made an ad about the national rental crisis, and it’s surprisingly honest and informative.
READ MOREClimate Change, Economy & Work
Real Climate Solutions are No Mystery – Pollin
Rich fossil fuel states blocked real solutions at COP27, but what needs to be done is well known. People need to organize and elect candidates with a green agenda. Robert Pollin joins Paul Jay on theAnalysis.news.
READ MOREClimate Change, Economy & Work
How to Fight Inflation Without Attacking Workers – Pollin
Economist Bob Pollin says government stimulus and higher wages are not the primary drivers of today's inflation. Higher interest rates are not the solution. Bob joins Paul Jay on theAnalysis.news.
READ MOREWorker’s Wages & Leverage are the Real Targets – Ferguson
Why did Corporate Democrats “cede” the economic argument? Are they really fighting inflation or trying to weaken worker’s bargaining power? Tom Ferguson joins Paul Jay on theAnalysis.news.
READ MORERepairing a Fractured World Economy?
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.
READ MOREHow Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity
Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking in robber-baron profits.
READ MOREEconomy & Work, Workers & Unions
The Fed Attacks the Working Class – Robert Pollin
The Federal Reserve is trying to increase unemployment and strip U.S. workers of the small gains in bargaining power they have achieved in the aftermath of the COVID economic lockdown. Robert Pollin joins Paul Jay on theAnalysis.news.
READ MOREThe World’s Billionaire Population – 2021
The world’s billionaires—only 3,311 individuals—represent almost $11.8 trillion in wealth.
READ MOREClimate Change, Economy & Work, U.S. Politics
Biden’s Bill has Significant Funding for Climate but 10% of What’s Needed – Bob Pollin
The so-called “Inflation Reduction Act” will have a positive affect on the climate crisis, but it does not phase out fossil fuel and is far from what’s needed. Big industrial states like New York and California can and must go much further. Bob Pollin on theAnalysis.news with Paul Jay.
READ MOREClimate Change, Economy & Work, Military-Industrial Complex, U.S. Politics
Progressive Running Against a Corp Dem in Boeing Country
Jason Call is running for Congress in Washington State District 2 against a longtime Democratic incumbent who receives support from Boeing and the fossil fuel industry. Boeing is the district’s largest employer.
READ MOREClimate Change, Economy & Work
Rising Interest Rates Intended to Create Unemployment – Bob Pollin
Central banks are raising interest rates to create more desperation amongst workers and weaken their bargaining power. Bob Pollin joins Paul Jay on theAnalysis.news.
READ MOREClimate Change, Economy & Work
Nationalize Fossil Fuel to Fight Climate Change and Inflation – Bob Pollin
By purchasing controlling interest of the major American fossil fuel companies, the federal government can phase out fossil fuels, transition to sustainable energy, and enforce a lower price of oil which will alleviate inflationary pressures. Bob Pollin joins Paul Jay on theAnalysis.news.
READ MOREIn 2020, Trump Propped Up His Rural Vote with Massive Subsidies to Agribusiness – Tom Ferguson Pt 4/4
The Trump administration engineered one of the most remarkable agricultural political business cycles in American history. Tom Ferguson joins Paul Jay on theAnalysis.news.
READ MOREClimate Change, Economy & Work
Fossil Fuel and Private Equity Love Trump – Thomas Ferguson Pt 3/4
Big oil, coal and parasitical private equity corps highly favored Trump and the GOP in 2020 - and likely will again. Thomas Ferguson joins Paul Jay on theAnalysis.news.
READ MOREEconomy & Work, Environment, U.S. Politics, Workers & Unions
theAnalysis.news in 2022 – Paul Jay
Paul Jay on 'theatre of the absurd democracy', and organizing for a vibrant peoples' movement as the focus for theAnalysis.news in the coming year.
READ MOREIn 2020, Elites Bailed on Trump, Not on Republican Party – Tom Ferguson Pt 2/4
By Jan 6th events, the majority of corporate America wanted Trump gone, but money continued to flow to GOP. Tom Ferguson joins Paul Jay on theAnalysis.news.
READ MOREEconomy & Work, Geopolitics, History
The Making of Global Capitalism with Leo Panitch
On the first anniversary of the death of our dear friend Leo Panitch, we republish this 2015 interview with Leo by Chris Hedges.
READ MOREChina, Economy & Work, History, Military-Industrial Complex, Nuclear Arms Policy, U.S. Politics
Risking Apocalypse for the Spoils of War – Andrew Cockburn pt 1/2
More than effective weapons, geopolitics or national defense, profit and massive budgets drive U.S. military and nuclear weapons spending. Andrew Cockburn joins Paul Jay to discuss his new book “Spoils of War”.
READ MOREEconomy & Work, U.S. Politics, Workers & Unions
Is the U$A a Democracy? with Tom Ferguson
Tom Ferguson, a leading expert on money and politics, weighs in on how much democracy is there with so much wealth and power in so few hands. Tom joins Paul Jay on theAnalysis.news.
READ MOREStop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs – Bob Pollin
High oil prices and supply chain disruption are driving inflation, not workers’ modest wage increases or government debt. Bob Pollin joins Paul Jay on theAnalysis.news
READ MOREWhy the Media Doesn’t Understand Control Fraud
Financialization of the economy and pervasive corruption go hand-in-hand. The stronger the financial sector and more parasitical it becomes, the more profound and systemic the corruption. Paul Jay joins “The New Untouchables” for a discussion about Bill Black’s conception of “control fraud.”
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Economy & Work, Environment
Honest Government Ad | Visit Tasmania! 🇦🇺
The Tasmanien Government has made a tourism ad and it’s surprisingly honest and informative.
READ MORE