“And they launch military spending programs that have transformed the United States into a permanent war economy. Rather than a laissez-faire government that does little, we have a corporate state that plays an increasingly active role in sustaining the process of capital accumulation for big corporations.” — Michael Parenti
with Chris Hedges
RT America on Mar 27, 2020
The economic impact of the coronavirus has resulted in 3.3 million Americans signing up for unemployment benefits last week alone. Several states have responded by placing moratoriums on evictions and utility shutoffs. But some tenants say that this is not enough and are calling for a state-wide rent strike. Pulitzer-winning journalist and “On Contact” host Chris Hedges weighs in.
“Of the top ten largest weapon manufacturers in the world, the first five companies at the top of the list are US companies: Lockheed Martin, Boeing, Northrop Grumman Corporation, Raytheon, and General Dynamics.” — Will Griffin
In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years. When the Federal Reserve tried to ride to the rescue, it only succeeded in making matters worse. The government then pulled out all the stops. To our staunchly capitalist leaders, socialism is suddenly looking good.
Indigenous people in Canada are giving the world a demonstration of the power of nonviolent action. The justness of their cause — defending the land from those who would destroy it for short term profit and the elimination of a habitable climate on earth — combined with their courage and the absence on their part of cruelty or hatred, has the potential to create a much larger movement, which is of course the key to success.
RT America on Feb 8, 2020
On the show this week Chris Hedges talks to economist Richard Wolff about his new book Understanding Socialism. Wolff explains how in the socialist dream work is something we should want to engage in, that means something to us, that brings us into relationships with other people that we value, that make us better people as we interact with them, “it’s a transformation of life.”
with Chris Hedges
RT America on Feb 1, 2020
On the show this week, Chris Hedges talks to author Seth Siegel about his new book: Troubled Water: What’s Wrong with What We Drink. Siegel explains how our drinking water got contaminated, what the US government does and doesn’t regulate, what the contaminants could be doing to us, and what we can do to make our drinking water safe.
When America next experiences an economic downturn, it won’t be like the relatively small recessions that the country used to regularly undergo before the 2008 crash. It will be a collapse of such magnitude that the global economy won’t ever be able to recover, like it eventually did after the Great Depression. It will likely be the end of the growth period of capitalism, and the beginning of an unprecedented contraction that leaves civilization dramatically changed.
Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades. Under the Federal Reserve Act, the central bank’s lending window is open only to licensed depository banks; but the Fed is now pouring billions of dollars into the repo (repurchase agreements) market, in effect making risk-free loans to speculators at less than 2%.
with Chris Hedges
RT America on Jan 11, 2020
Chris Hedges talks to Ron Purser, professor of management at San Francisco State University, about the growth of mindfulness meditation in the mainstream. As meditation makes its way into schools, prisons and government agencies, Purser argues the booming cottage industry with its promises of “Buddhist-inspired” techniques tries to offer a universal panacea for resolving almost every area of daily concern. While it can be helpful, compartmentalizing the practice away from asking why there is so much stress in daily life and away from making challenges to corporate and political practices could do more harm than good.
with John Pilger
goingundergroundRT on Dec 18, 2019
On this episode of Going Underground, we speak to legendary journalist and filmmaker John Pilger on his film ‘The Dirty War on the NHS’. He discusses the issue of the film not being allowed to air during the general election and questions the role of OFCOM as a regulator, the negative impact of management consultants, how the Health and Social Care Act of 2012 opened the door to NHS privatisation, how privatisation causes money to be wasted in the NHS despite more funding promises, the reality of the private healthcare system in the United States, R.A.M volunteering in the US, the 2019 UK general election, the reason why Brexit has been taken over by the extreme right since 2016, anti-Semitism allegations against Jeremy Corbyn’s Labour Party, allegations of BBC bias against the Labour Party in the election and more!
“The dictionary definition of socialism is “a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.””
Dark Waters is the most important American film in a decade, although it squanders an opportunity to fully portray PFAS* contamination as the nationwide human health epidemic it has become. The film leaves out half of the story and that involves the military’s role.
*per- and poly fluorinated alkyl substances (PFAS) include PFOA, PFOS and 5,000 other harmful chemicals used in a variety of military and industrial applications.