Economy & Work
Who Owns America’s Debt? – Bob Pollin Pt. 2/2
In part 2, Bob Pollin, economist and Co-Director of the Political Economy Research Institute (PERI), lays out policies to increase workers’ wages and bargaining power and bring down the price of food items such as eggs. He tackles the issue of U.S. government debt, as well as fiscal conservative and MAGA Republican claims that China owns most of this debt. These falsehoods deflect from Trump’s massive tax cuts for the rich and his high military expenditure, which ran up U.S. debt far more than under the Biden administration. Pollin asserts the best way to reduce high-interest payments on U.S. debt and support social services is to increase government revenue via capital gains and income taxes.
Inflation Control and Curbing Workers’ Power in the Neoliberal Era – Bob Pollin Pt. 1/2
Following the inflationary period of the Covid-19 pandemic, inflation is largely down and currently at 2.1% in the U.S. Bob Pollin, economist, and Co-Director at the Political Economy Research Institute (PERI), explains the causes of inflation, including demand-side and supply-side factors. He illustrates how the economic models used to tackle inflation are essentially tools to chip away at workers’ bargaining power. Pollin recounts the history of policies of inflation control, tracing their development to the era of globalization and neoliberalism championed by former U.S. President Bill Clinton and former chairman of the U.S. Federal Reserve Alan Greenspan.
Price Gouging, Greedflation, and Monopolization – Bob Pollin part 2/2
Given voters’ concerns over rising food and housing costs, Kamala Harris has pledged to combat price gouging if elected president, though she has yet to clearly lay out the hallmarks of the rest of her economic policy. In part 2, Bob Pollin, economist and advisor to U.S. Senator Bernie Sanders and Representative Pramila Jayapal on Medicare For All, explains the meaning of price gouging and delves into the causes of inflation during the COVID pandemic.
What Is the State & the Challenge to Transcend It?
John Bellamy Foster points to “Beyond Leviathan” by István Mészáros for insights into the ancient origins of the state and nature of its evolution over thousands of years, the necessity to move beyond the state, and how to meet that challenge. Produced by GPEnewsdocs.
Jane McAlevey Working Class Hero
Brilliant activist and union organizer Jane McAlevey died on July 7, 2024. To celebrate her work and life, we republish our series of interviews with Jane. One of the world’s leading “organizers’ organizer” Jane McAlevey, has trained thousands of activists in building more militant unions and winning electoral organizing; she sees the fight for effective unions as critical to winning transformative climate policy. Jane tells her story to Paul Jay on Reality Asserts Itself.
Workers’ Movements in Revolutionary Iran and Europe – Saeed Rahnema part 2/2
In part 2, political scientist Dr. Saeed Rahnema discusses his experience in the workers’ council movement leading up to and during the Iranian Revolution of 1979-1980 and addresses the Islamic Republic’s opposition to unions. He also contends that modern-day working classes in the West are ideologically and culturally segmented and that the left has failed to mobilize at numerous historical junctures.
The (In)conceivability of Real Workers’ Control – Saeed Rahnema part 1/2
The workers’ council movement took shape in several forms across Europe, Russia, Tito’s Yugoslavia, Algeria, and Iran. Political scientist Dr. Saeed Rahnema discusses the failure of workers’ councils in these different historical contexts and traces out the tensions between workers’ control and workers’ participation under capitalism. Is real workers’ control feasible under capitalism, and do struggles for increased workers’ participation and higher wages necessarily lead to workers’ control?
Should the Left Vote for the Enemy? – Adolph Reed part 1/2
Adolph Reed argues that the left should vote for Biden in the coming presidential elections, even though Corporate Democrats defend the underlying system, Trump and the forces that back him represent a more overt form of fascistization.
How Indian, Chinese, and U.S. Corporations Vie for Control of Sri Lankan Ports – Asoka Bandarage part 2/2
Due to its prime geographical location in maintaining global value chains and shipping routes, the U.S., via the U.S. International Development Finance Corporation (DFC), as well as India’s Adani Group and China, are all investing in Sri Lanka’s ports. In part 2, sociologist Asoka Bandarage discusses how many countries and multi-national corporations treat Sri Lanka as testing and dumping grounds, exemplified by reports that the Dali ship, which crashed into the Baltimore Bridge, was carrying hazardous waste to Sri Lanka.
End of content
End of content
