How Indian, Chinese, and U.S. Corporations Vie for Control of Sri Lankan Ports – Asoka Bandarage part 2/2
|

How Indian, Chinese, and U.S. Corporations Vie for Control of Sri Lankan Ports – Asoka Bandarage part 2/2

Byiizuu

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.

IMF & Private Creditors Subject Sri Lanka to Neo-Colonial Debt Bondage – Asoka Bandarage part 1/2
|

IMF & Private Creditors Subject Sri Lanka to Neo-Colonial Debt Bondage – Asoka Bandarage part 1/2

Byiizuu

The Sri Lankan government turned to the IMF for a near $3 billion bailout to repay loans provided by India and Japan, as well as international sovereign bonds issued by foreign creditors such as BlackRock. Dr. Asoka Bandarage, sociologist and author of Crisis in Sri Lanka and the World, suggests that Prime Minister Rajapaksa’s declaration of bankruptcy in 2022 and the subsequent IMF bailout under Prime Minister Wickremesinghe was not an absolute necessity, but an attempt to shift Sri Lanka further under the umbrella of Western and Indian institutions, and away from Chinese loans.

Seeking Full Employment Without Falling Prey to Neoliberal Traps

Seeking Full Employment Without Falling Prey to Neoliberal Traps

ByLynn Fries

William Mitchell exposes the many ideological maneuvers progressives need to confront in disputing the supremacy of profits over employment and people’s dignity. That goes for disciplining the state to appease foreign exchange markets, the problems with Basic Income proposals, and much more. Lynn Fries interviews William Mitchell on GPEnewsdocs.

Global Upheaval Undermining Food Security – Matin Qaim

Global Upheaval Undermining Food Security – Matin Qaim

Byiizuu

Matin Qaim, Director of the Center for Development Research at the University of Bonn, examines the various aspects comprising food security, namely local and global supply chains, the generation of income for local farmers, investments in the production of nutritious foods, as well as accounting for climate externalities. Attaining food security has become even more difficult given the disruptions around the pandemic, rising inflation, and the failed Black Sea grain deal. He asserts that small-scale farming and agroecological approaches are not necessarily low-tech and that certain technologies, if applied correctly, can assist smallholder farmers.

Non-Aligned Movement +G77 (Group of Developing Countries) versus G7+NATO+OECD+World Economic Forum
|

Non-Aligned Movement +G77 (Group of Developing Countries) versus G7+NATO+OECD+World Economic Forum

ByLynn Fries

Jomo K.S. warns U.S. policies are driving the world towards war and depression, leaving developing countries with a strong vested interest to reconvene a new non-aligned movement and strengthen democratic institutions of global governance. Lynn Fries interviews Jomo K.S. on GPEnewsdocs.

Part 2: Debt and the Collapse of Antiquity – Michael Hudson
|

Part 2: Debt and the Collapse of Antiquity – Michael Hudson

Byiizuu

In part two, Michael Hudson discusses his new book “The Collapse of Antiquity.” Hudson challenges the traditional beliefs about the fall of the Roman Empire, arguing that it was caused by a financial crisis brought on by excessive debt, wealth inequality, and the concentration of economic power. Hudson draws parallels to modern-day economies and highlights the dangers of financialization and wealth concentration.

Debt and the Collapse of Antiquity – Michael Hudson (pt 1/2)
| |

Debt and the Collapse of Antiquity – Michael Hudson (pt 1/2)

Byiizuu

We get a first look at the new book by renowned political economist Michael Hudson on the age-old battle between creditors and the real economy. Ancient Rome refused to adopt the practices of debt forgiveness and land redistribution previously understood to be essential. Instead, they instituted a rigid pro-creditor legal system, assassinating anyone who remotely threatened it–including Tiberius Gracchus, Julius Caesar, and Jesus. The empire devolved into a rentier economy, ultimately collapsing from within. Today’s neoliberal establishment increasingly defends this failed state framework, even as the same disastrous dynamics intensify.

Exposing Apocalyptic Economics with Steve Keen
|

Exposing Apocalyptic Economics with Steve Keen

Byiizuu

Steve Keen has been exposing the ways mainstream neoclassical economists—including winners of the so-called Nobel Prize in Economics— have been arriving at their absurdly optimistic numbers regarding climate change, and they’re terrifying. In this interview with Colin Bruce Anthes, Keen goes through prevalent examples in detail and argues that these numbers and the methods behind them must simply be thrown in the garbage.

Modest Inflation is Good for Workers – Bob Pollin

Modest Inflation is Good for Workers – Bob Pollin

ByPaul Jay

Will a large infrastructure plan create inflation? If inflation is linked to higher wages, that’s not bad for workers, says Pollin. Large increases in inflation have been linked to higher oil prices which are unlikely. What’s missing from the Biden plan is it doesn’t sufficiently address a just transition for fossil fuel workers. Bob Pollin joins theAnalysis.news with Paul Jay.

Not Much Climate Plan in Biden Jobs Plan – Robert Pollin
|

Not Much Climate Plan in Biden Jobs Plan – Robert Pollin

ByPaul Jay

The Biden “Jobs Plan” contains some good infrastructure proposals, but most of the spending will not reduce carbon emissions. Only two million buildings are targeted for retrofitting and there are no serious regulations to force investment into sustainable energy. Robert Pollin joins Paul Jay on theAnalysis.news

How Deep Will the Depression Get? – Rana Foroohar and Mark Blyth
| |

How Deep Will the Depression Get? – Rana Foroohar and Mark Blyth

ByPaul Jay

Rana Foroohar, Financial Times columnist and author (Don’t Be Evil: How Big Tech Betrayed Its Founding Principles), and Mark Blyth, political economist and author (Angrynomics), join Paul Jay for a wide-ranging conversation about the deepening depression, inequality, and China. On theAnalysis.news podcast.

Time to Buy Out Fossil Fuel Corporations – Gar Alperovitz on Reality Asserts Itself (pt 2/2)
| |

Time to Buy Out Fossil Fuel Corporations – Gar Alperovitz on Reality Asserts Itself (pt 2/2)

ByPaul Jay

This interview was originally released on April 28, 2017. The Next System Project’s Gar Alperovitz tells Paul Jay that the Federal Reserve should use quantitive easing, i.e. create money, to take Big Oil companies out of the equation and finance a massive green infrastructure program.

Time to Buy Out Fossil Fuel Corporations – Gar Alperovitz on Reality Asserts Itself (pt 1/2)
| |

Time to Buy Out Fossil Fuel Corporations – Gar Alperovitz on Reality Asserts Itself (pt 1/2)

ByPaul Jay

This interview was originally released on April 28, 2017. The Next System Project’s Gar Alperovitz tells Paul Jay that the Federal Reserve should use quantitive easing, i.e. create money, to take Big Oil companies out of the equation and finance a massive green infrastructure program.

How We Broke the Bank of England – Robert Johnson on Reality Asserts Itself (pt 4/8)
|

How We Broke the Bank of England – Robert Johnson on Reality Asserts Itself (pt 4/8)

ByPaul Jay

This is an episode of Reality Asserts Itself, produced on June 12, 2014. Mr. Johnson says, “I used to tell my dad, if I’m fortunate enough to see St. Peter and get through the gate, I’m not going to get in because I helped knock off the British pound”.