“Professor Michael Hudson discusses the globalisation fallout as new trading blocs distance themselves from US dollar denominated trade. Will the US be able to maintain its imperialist tendencies in light of these trends? How much further can the rentiers push their free-for-all? The show finishes with an overview of Michael’s new book And forgive them our debts.
Reach Out on Sep 18, 2018
On last Thursday’s (9.13.18) special edition of Reach Out, we asked, “What is socialism?” In a discussion ranging from the juxtaposition of socialism and religion, cooperation vs. competition in humanity’s origins, and how class is what primarily divides people, Bill and I, along with special guest Matt Reedy, barely scratched the surface of answering that question but realized its enormity and complexity.
Updated: Sept. 19, 2018
Wall Street did not let the Lehman Brothers crisis go to waste. The banks that have paid the largest fines for financial fraud are now much bigger and more profitable. The victims of their junk mortgage loans are poorer, and the economy is facing debt deflation.
with Chris Hedges
RT America on Sep 15, 2018
In a conversation about his new book America: The Farewell Tour, Chris Hedges tells journalist, Hugh Hamilton, the country’s institutions and practices rooted in an economic system of capitalism, are unraveling while also making a call for action. Two-part interview.
“Capitalism keeps us in a state of panic. Most of us are just one medical bill away from bankruptcy. It keeps us overworked and underpaid so we don’t have time to question its dominance over our lives. It takes the fruits produced by the many and gives them to the few. Concentrated wealth means concentrated power, concentrated power means less democracy, less democracy means less freedom, and less freedom means you are reduced to a precarious life of servitude.” — The Anti-Social Socialist
with Chris Hedges
The Collapse of the American Empire – Lecture Featuring Chris Hedges
Centre for International Governance Innovation on Aug 30, 2018
Chris Hedges, a globally-renowned Pulitzer Prize-winning author, gives us an entirely new view of a nation in crisis in his recently released book, America: The Farewell Tour, which holds both liberals and conservatives to account — as is rousingly pertinent for Canada as for the disoriented US. Beautifully written, it clarifies vividly and unforgettably the forces at play in our times.
“Suppose that some great disaster were to sweep ten million families out to sea and leave ‘em on a desert island to starve and rot. That would be … an act of God, maybe. But suppose a manner of government that humans have set up and directed, drives ten million families into the pit of poverty and starvation? That’s no act of God. That’s our fool selves actin’ like lunatics. What humans have set up they can take down…. Whoever says we’ve got to have a capitalist government when we want a workers’ government, is givin’ the lie to the great founders of these United States….”
(A Stone Came Rolling, Olive Tilford Dargan)
“Workers of the world unite, you have nothing to lose but your chains.” This famous socialist slogan, adapted from Karl Marx and Friedrich Engels’ “The Communist Manifesto,” struck Noam Chomsky as a poor fit for most people in the world’s rich nations almost half a century ago.
“We are not fighting against men or a kind of politics but against the class which produces those politics and those men.” (from Dirty Hands, a political play by Jean Paul Sartre, first performed in Paris on April 2, 1948.)
Until he was tapped as a shiny new national and global asset by the white American ruling-class and catapulted to rock star status in the summer of 2004, then Illinois state senator Barack Obama was not particularly popular in the Black Chicago South Side that he deceptively called “home.” Besides being an outsider from Honolulu and Harvard Law, he was an aloof and arrogant part-time law professor over at the conservative and heavily white University of Chicago, an institution long known for displacing and lording over Black South Side communities.
Curse the war culture! It leaves us at a loss for words, bereft of metaphors to describe our situation. Our minds become blank slates, unable to recognize dangers at the door unless they carry assault weapons or drop bombs on our heads.