On the show, the second in a two-part interview, Chris Hedges discusses with Professor David Harvey, the social, political, and economic consequences of Neo-liberalism and globalization, exploring alienation, the rise of authoritarianism, the significance of China in the world economy, the geopolitics of capitalism, carbon dioxide emissions and climate change and our collective response.
On the show, the first in a two-part interview, Chris Hedges discusses with Professor David Harvey the reconfiguration of global capitalism, the contradictions of neoliberalism, the financialization of power, the commodification of spectacle, Rate Versus Mass of Surplus Value, and other issues fundamental to economic literacy.
The United States government is able to impose its will on all the world’s countries. The rest of the world, even some of the strongest imperialist countries of the Global North, lie prostrate at the feet of the U.S. What is the source of this seemingly impregnable power? Which of course leads to the next question: How long can it last?
With the unabated march of the Covid-19 pandemic, the economic situation of Colombian coffee farmers is rapidly deteriorating. The price of Arabica coffee has reduced to an exceptionally low $0.9 per pound in June. Earlier, coffee production had fallen by 28% in April, 12% in March, 9% in February and 19% in January. Specialty coffee farmers too are experiencing difficulties in the form of shortage of experienced coffee pickers. In specialty coffee, coffee cherries are picked at the peak of ripeness. But with the absence of expert pickers, “Coffee cherries left on the tree will over-ripen or fall to the ground, effectively nullifying all the additional work put into the coffee to achieve the higher quality.” This labor shortage has been partly caused by the pandemic-necessitated closure of Colombia-Venezuela border which has significantly blocked the flow of Venezuelan migrants. 1.8 million Venezuelan migrants reside in Colombia and their contribution to Colombian coffee sector is indispensably important with nine out of ten coffee pickers in Colombia being Venezuelans.
On the show this week, Chris Hedges talks to John Ralston Saul, author and president emeritus of Pen International, about how the COVID-19 pandemic has exposed the weakness of American society, and accelerated the decline of the American Empire.
Since the United States became the main world power in the 1940s, opening corporations up to the countries the U.S. empire would come to exploit in the following decades, working class people in America have filled a role more disposable than had previously been the case. Labor could be easily extracted by U.S. corporations from the Third World, because capitalism was now centered around the largest empire in world history. But now the economic order is changing, and the U.S. capitalist class is needing to adapt.
Once we understand how Trump and Trumpism came about, as a reaction to capitalism’s global crisis, we can see how the impeachment battle is really a battle for dominance within the US ruling class, says globalization sociologist William I. Robinson.
Many of the most pressing problems all nations face are a result of failing to adequately tackle our increasing level of global interdependence.
Mobilized capital can play the tax-regime of one country off against another with ease, such that there is a race to the bottom with respect to the corporate tax revenues which might be expected from even the wealthiest transnational corporations. Such economic arbitrage is possible precisely due to the propagation of widespread variations in the distribution of social justice across the planet. There are no national solutions to such problems, which ultimately require the more equitable distribution of social justice on a global scale.
The fantasy of the USA becoming the first global empire in history quickly dissolved in the wake of the Iraq war. Pepe Escobar and Eddie Conway discuss the coming nexus of global competition and climate change.
Abby Martin sits down with Peter Phillips, former director of Project Censored and professor of Political Sociology at Sonoma State University. His new book, Giants: The Global Power Elite details the 17 transnational investment firms which control over $50 trillion in wealth—and how they are kept in power by their activists, facilitators and protectors.
KPFK Speaker Series featured one of the most sought-after speakers of our time! Chris Hedges who spoke about his new book, America: The Farewell Tour, where he argues that neither political party, now captured by corporate power, addresses the systemic problem. A bitter cry reported from communities across the country, America: The Farewell Tour seeks to jolt us out of our complacency while there is still time.