Obama Joins Club of the Super-Rich – Defends Global Capitalism in Lecture (1/2)
TheRealNews on Jul 29, 2018
Prof. Leo Panitch and Paul Jay discuss Obama’s Mandela lecture; Obama wants the impossible – a world where the super-rich give up “a little” and there is no massive inequality.
Paul Jay: “… This speech was a defense of the system that gave him such power and prestige; a defense of global capitalism. It’s an important speech, I think, because it lays out what Obama sees as the achievements of globalization, which he thinks are many. He sees the great inequality that has been produced, and the rise of the populist right, and says that the solution to these problems is more global capitalism, but one that’s more enlightened and inclusive.”
Obama Says Inequality Led to Rise of the Right, but Takes No Responsibility for It (2/2)
TheRealNews on Aug 1, 2018
Prof. Leo Panitch and Paul Jay discuss Obama’s Mandela lecture where he describes how globalization led to the politics of fear and resentment, but won’t acknowledge how global capitalism and his presidency created the conditions for it.
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