In this episode of Geopolitical Economy Hour, economists Radhika Desai and Michael Hudson discuss inflation: what it is, what causes it, and what are the problems in how the Federal Reserve and other central banks respond to it.
Ralph welcomes professor Karen Levy, who talks to us about how regulations aimed at making trucking safer have been turned into a tool of corporate surveillance as chronicled in her book Data Driven: Truckers, Technology, and the New Workplace Surveillance.
Every so often, the World Bank puts out a paper that calls for better social protection or at least a somewhat better deal for working people. The public relations people there evidently believe we have very short memories.
The twisted irony here — the irony of the brutal murder of Tyre Nichols in Memphis, Tennessee last month — is that his killers were the ones hired and trained to keep the city safe. Instead, they created half an hour of hell for the young man, kicking and beating and tasing him to death a short distance away from his mother’s house, after a random, and perhaps unjustified, traffic stop.
In this week’s show, Prof. Wolff explains why capitalism does not deserve credit for improved living conditions, Home Depot billionaire blames US capitalism’s problems on US workers being “lazy, fat, and stupid,” Southwest Airlines as example of failures by both corporations and their gov’t “regulators,” George Santos as creature of capitalist advertising.
You’ve probably heard a lot of talk about socialism becoming more popular over the past few years. There’s a reason for that! The capitalist system has shown itself to be incapable of solving the problems it creates, and more and more people are living a worse life than their parents or grandparents. What’s going on here, and is socialism the way forward?
Shadowproof’s Kevin Gosztola is joined by former CIA officer and whistleblower John Kiriakou to discuss the escalating absurdity around former US presidents and vice presidents finding classified documents in their possession.
Introducing Geopolitical Economy Hour: This is the first episode of a show being hosted every two weeks by economists Radhika Desai and Michael Hudson. They present the program and discuss the rise of the multipolar world and decline of US hegemony.
The Monroe Doctrine was and is a justification for actions, some good, some indifferent, but the overwhelming bulk reprehensible. The Monroe Doctrine remains in place, both explicitly and dressed up in novel language. Additional doctrines have been built on its foundations. Here are the words of the Monroe Doctrine, as carefully selected from President James Monroe’s State of the Union Address 200 years ago on December 2, 1823: Continue reading →