Economic Issues
Economic Issues

How Does an Economic System So Hostile to Life Endure for Centuries?
We may accept today’s economic system as just part of the natural order; but in truth capitalism started with overt violence. Centuries later it has morphed into what our guest calls Mute Compulsion. And now here we are, faced with

The Real Purpose of The Fed’s Rate Hikes and Austerity
The unchecked power of the Federal Reserve claims its current, never ending rate hike strategy is about curbing inflation. It is not, according to our guest today, economics professor Clara Mattei. That we have become so used to it we

Why Pakistan Matters. A Lot.
How big do you think Pakistan is? Would you guess over 200 million people? It’s a nuclear armed power, deeply in debt, with a few rich powers and the military in control. On this show Murtaza Hussain fills in what

The Self-Serving Purpose of Philanthropy
At this time of year, we all think about giving. But what are philanthropists all about? To launder a plutocrat’s reputation, preserving great wealth and maintaining dominance and control. Our guest Edgar Villanueva has a new book, a second edition

Do Democrats Want to Win? Ignoring Voiceless Rural People Is a Sure Way to Lose.
We can’t do it by talking down to middle Americans. If Democrats don’t get that rural Americans have fear that what little they have may be taken away, we stand to lose yet again. Victory comes when we listen, respect

The Beloved Queen is Gone, Now the Class War Resumes
It took a mere ten days before the UK’s new prime minister blew it big time. Liz Truss’s budget was instantly panned; pretending to be trickle down, it gushes money upwards to those who need it least. On this show

How Democrats Can Win Back Working People from the GOP
Elitists in Democratic Party bring avoidable disasters. From northern Iowa, Professor Wallace Hettle sees how the power of big money over the Democratic Party pushes away working people, farmers, and others in the hollowed-out heartland. Terry McAullife’s loss in Virginia

Nationalize Railroads While There are Still Assets
A crippling rail strike seems to have been averted. Barely. You and I may think of the railroads as ways to move freight, but as our guest today observes: “The railroad companies have been Wall Street’s plaything throughout their half-century

Why Do Americans Buy So Much Stuff?
A consumers republic was born at the end of the second world war. And though it was genuinely intended to be a tide lifting all boats, it has increased economic inequality and created isolation where public space once was central.

The High Price of American Exceptionalism on the Earth
Do you buy into American Exceptionalism? Politicians of both parties do. But what does it mean to the planet? On this show professor Aviva Chomsky sheds light on the aspects of exceptionalism we don’t want to see. Technical tweaks alone

The Supply Chain Debacle Explained
The break in the supply chain feels sudden but it’s been building for some 50 years. And our guest American Prospect Executive Editor David Dayen explains in an special edition of the magazine: “None of the private players involved have

Why Americans Buy So Much Stuff.
A consumers republic was born at the end of the second world war. And though it was genuinely intended to be a tide lifting all boats, it has increased economic inequality and created isolation where public space once was central.

Slice A Trillion From Defense: Bring Greater Security?
It’s easy to be all for cutting “waste” in the Pentagon budget but that enables continuing plans to spend 7.5 trillion over ten years. And on what? Could shoveling money to the military make us less secure? On this show

Tax The Rich to Boost the Economy
For decades the majority of Americans, Democrats and Republicans have supported taxing the rich but politicians in both parties have turned a deaf ear. But the grudging acceptance that everyone but the richest pays their taxes may be ending. On

There Is Enough to Go Around. But Not the Way We’ve Been Doing It
The earth itself is today paying the price for the 20th century fossil fuel bonanza. Now instead of continuing to have all humanity in service to that powerful sector, it’s time to pay the climate and colonization debt. When George

Must We Do the Cold War Again?
It’s so easy for the national security state to just paint the same old picture for Americans: Russia and China are military threats. But in truth they are not. They are rising economically in large part because we have wasted

Decolonize Philanthropy: What Does That Mean?
Philanthropies came into being to launder a plutocrat’s reputation. It’s become an industry today whose goal is preserving great wealth and maintaining dominance and control. According to our guest Edgar Villanueva, philanthropy has to be more than a wealth building

The Biggest, Most Inhuman Power in America: Amazon
The dehumanized Amazon warehouse as pictured in the movie Nomadland is more benign than reality. There is an “existential bleakness” where every instant is being watched, humans serve robots, and one can be fired by algorithm. In his powerful new

After Rich Trumka: Now What for Labor?
You may not have heard of Rich Trumka who passed away suddenly August 5th. From working in the mines of Pennsylvania he served as president of the AFL-CIO from 2009 to 2021. Our guest today is once and future president

How the Wealth Defense Industry Poisons Democracy
As our guest Chuck Collins explains, it’s like one person orders expensive wine for a dinner crowd and sneaks out without paying. His new book is titled The Wealth Hoarders; How Billionaires Pay Millions to Hide Trillions. What he calls

Poverty: Change the Structure of the Game
Despite the myths, there is less opportunity to climb the ladder out of poverty in America than in other modern nations. Did you know a majority of Americans will experience poverty in their lifetimes? And that childhood poverty costs us

Broke In America: Policies Not People Are To Blame
When one thinks of people in poverty, what judgements come up? Did you know that the vast majority are working often two or three jobs? When you go to a bank or a mortgage, do they ask you how much

Occupy Wall St. 2011 Was Just The Start
From its birth in one block in New York City to more than a thousand town squares, the conversation began ten years ago. It was the first social media driven movement and as Heather McKee Hurwitz writes in her new

The UK’s Jeremy Corbyn: What Now?
Smeared and driven from leadership of the British Labour Party. Relentlessly attacked by the uniquely powerful British tabloid media, our guest today Matt Sarb-Cousin argues there’s never been a leader like Jeremy Corbyn. Except perhaps America’s own Bernie Sanders. Trump

The Push Biden’s Going to Need
Ousting Trump is not enough. Getting back to the normalcy of tremendous economic injustice is not enough. With unprecedented wealth owned by a very few, close to 50% of Americans are at the edge of real poverty. Guest is Reverend

4 Day Work Week: Beneficial Effect of Covid?
With the pandemic throwing everything up in the air, there are new opportunities for us to shape the way it all lands. Going back to the old “normal” is not the only option. On this show Joe Ryle a leader

Thomas Frank’s New Book On Elitist Anti-Populism: “The People, NO”
The parties have flipped: It used to be that Republicans were for Wall Street, Democrats were for Main Street. Now the Democrats are seen as the party of the elitists, Republicans are for the common people. On this show Thomas

Can Democrats Address What Fuels Angry Populism?
Populism is a legitimate form of anger at perceived elites dismissing everyday people. There are indeed real reasons for today’s populist anger. On this show Rutgers Law School professor Dennis M.Patterson explains why we need to take populism seriously. It

A New CCC to Save the Planet?
FDR’s Civilian Conservation Corps achieved remarkable success in so many areas: Creating meaningful work for young men in a time of mass unemployment, planting forests, conserving our natural resources. It ended with the start of World War II. Perhaps now

Which America Will Be Ours After the Pandemic?
Is this possibly a time of reckoning? As with all significant change, those in most pain today are once again leading. With Covid 19 further squeezing already low income people, many are in desperation just to survive. America has been