Far from being some kind of transcendent economic phenomenon originating from higher realms of monetary physics that are indecipherable to us mere proletarian mortals, the economy is actually pretty straightforward and easy to understand — it’s mostly just politics. And that’s still true when it comes to purposefully mystified topics like inflation — particularly to how policymakers respond to inflation — it’s all just politics. Decisions made by those in power.  But the thing is right now the decisions about how to respond to inflation are being made by a class of people whose job it is, under capitalism, to make sure that the economy works for just one small group of people: capitalists. There is, of course, an alternative — and that alternative is one that would look a lot better for the vast majority of us.  In this Conversation we take a deep dive into inflation: what it is, what’s driving it, what’s wrong with the current response to it, and what a left response to inflation would look like.  Hadas Thier is a writer, journalist, and activist based in Brooklyn, New York. We had her on the show earlier this year to talk about her book,  A People's Guide to Capitalism: An Introduction to Marxist Economics, and for this Conversation we’ll be talking about her latest article for In These Times, titled “A Left Answer to Inflation.” Thank you to The Limeliters for the intermission music and to Bethan Mure for the cover art. Upstream theme music was composed by Robert Raymond. Related Conversations / Further listening: Inflation with Richard Wolff and Dean Baker (In Conversation) This episode of Upstream was made possible with support from listeners like you. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at  upstreampodcast.org/sponsorship For more from Upstream, visit  www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky.   You can also subscribe to us on Apple Podcasts,  Spotify, or wherever you listen to your favorite podcasts.  

A Left Answer to Inflation with Hadas Thier

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Every wonder why it feels like almost every single tech product you use is actively trying to screw you? Why it is that your printer requires you to subscribe to ink cartridges that, ounce for ounce, cost more than gold? Why you can’t read websites anymore because of all the moving, deceptive advertisements clogging up the screen? Why you’re paying substantially more for an entire suite of buggy streaming services than your parents ever were for cable TV? Why your BlueTooth enabled electric toothbrush keeps breaking? Why airplanes are falling apart mid-flight?  Well, it might not seem like it at first glance, but all of these phenomena are related. They have a single cause: deregulation. Specifically, deregulation driven by big tech monopolies that have found all sorts of creative and coercive ways to use the legal system to screw over not just their customers, but increasingly their employees, clients, vendors, advertisers—basically everybody but a handful of shareholders and C-suite decision-makers who are growing filthy rich off of our impoverishment and immiseration. In this conversation, we’re talking big tech—how we got where we are and how we can fix things—with Cory Doctorow. Cory is an activist, journalist, and author. His two latest books are the science fiction novel The Bezzle and the nonfiction book, which we’ill be talking about today, The Internet Con: How to Seize the Means of Computation, published by Verso. In this conversation we explore the history of trusts and anti-trust laws originating in the late 1800s, and we discuss how deregulation, copyright, digital locks, IP law, and monopoly-friendly legislation have all led to a process of enclosure in multiple tech industries—from the internet to airplanes—resulting in a landscape fully devoid of anything resembling the promise of technology that has been whispered into ours ears since the dawn of the digital age. Further resources:  Cory Doctorow The Internet Con:How to Seize the Means of Computation, by Cory Doctorow The Bezzle, by Cory Doctorow  Related episodes:   Upstream: NFTs with Nathan Schneider and Cory Doctorow  Intermission music by Embrace.  Episode artwork by Berwyn Mure. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Subscribe to our Patreon at patreon.com/upstreampodcast or please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at   upstreampodcast.org/sponsorship For more from Upstream, visit  www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky.   You can also subscribe to us on Apple Podcasts,  Spotify, or wherever you listen to your favorite podcasts.

The Big Tech Con w/ Cory Doctorow

You can listen to the full episode "How the North Plunders the South" by subscribing to our Patreon here: https://www.patreon.com/upstreampodcast As a Patreon subscriber you will get access to at least one bonus episode a month (usually two or three), our entire back catalog of Patreon episodes, early access to certain episodes, and other benefits like stickers and bumper stickers—depending on which tier you subscribe to. You’ll also be helping to keep Upstream sustainable and allowing us to keep this project going. Find out more at Patreon.com/upstreampodcast or at upstreampodcast.org/support. Thank you. The imperial core—which is comprised of settler-colonial states like those in Western Europe, as well as states like the United States, Canada and Australia—have been stealing the resources and labor of the Global South—or the periphery—for centuries. It started with the direct colonial violence and resource exploitation that marked much of the last few centuries, but it didn’t end there.   Neo-colonialism—a term that you’re probably familiar with—is broadly defined as the use of economic, political, cultural, or other pressures to control or influence other countries, especially former colonies. But what does it actually look like in practice? How is the imperial core still plundering and pillaging the periphery? The practice of widespread crude, cruel, brute force that marked direct colonialism may not exist in the same exact form as it once did—but the outcome is still the same: mass extraction and exploitation from the Global South which has resulted in a staggering net transfer of resources, wealth, and labor to the Global North.  In this episode, we’re going to discuss the mechanisms and extent of neocolonial extraction and exploitation as they manifest today, and we’ve brought on the perfect guest to walk us through it.  Jason Hickel is a professor at the  The Institute for Environmental Science and Technology at the  Autonomous University of Barcelona, the author of the books The Divide: A Brief Guide to Global Inequality and its Solutions and Less is More: How Degrowth will Save the World, and the the lead author of two papers that we’ll be focusing on today: “Imperialist appropriation in the world economy: Drain from the global South through unequal exchange, 1990–2015” published in journal Global Environmental Change, and "Unequal exchange of labour in the world economy" forthcoming in the journal Nature Communications. In this conversion we explore the theory of uneven exchange and how it sheds light on neocolonialism in practice, we discuss some of the key findings from Jason’s research on imperialist appropriation in the world economy, we dispel some of the myths perpetuated by those claiming that capitalism has lifted “millions out of poverty,” we talk about what a just degrowth transition of the global economy would look like and, crucially, how we might achieve it. Further resources:  Jason Hickel “Imperialist appropriation in the world economy: Drain from the global South through unequal exchange, 1990–2015” published in journal Global Environmental Change  Related Episodes:   Upstream: The Divide – Global Inequality from Conquest to Free Markets with Jason Hickel  Upstream: International Development and Post-capitalism with Jason Hickel  Upstream: How Degrowth Will Save the World with Jason Hickel Upstream: The Green Transition Pt.1 – The Problem with Green Capitalism  Thank you to Berwyn Mure for the covert art. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Subscribe to our Patreon at patreon.com/upstreampodcast or please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at   upstreampodcast.org/sponsorship For more from Upstream, visit  www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky.   You can also subscribe to us on Apple Podcasts,  Spotify, or wherever you listen to your favorite podcasts.

[TEASER] How the North Plunders the South w/ Jason Hickel

There’s no question that the crisis of capitalism and imperialism have reached a breaking point—it’s clearly visible not only in opinion polls but also just simply through our lived experiences. The system, and those who run it, have clearly abandoned any sense of popular wellbeing or even basic accommodations for a vast segment of the population. The system is running on fumes, the engines are sputtering out, and it’s only a matter of time before the decline turns into a freefall. Although the electoral process here in the United States is just one part of the puzzle—it’s an important one. Especially during a presidential election year, where more people than ever are paying attention to politics in a way that they normally don’t. This attention can be an opportunity to organize and mobilize people in a way that brings them into a kind of active political consciousness that can lead to many fruitful outcomes. This is why we’re continuing our exploration of electoral politics and presidential candidates in this episode.  Dr. Jill Stein is a medical doctor, environmental activist, and the 2024 Green Party presidential candidate. In this conversation, we explore the conditions that have led to the many crises we’re currently facing, the failure of either of the corporate parties to address any of them, the many intentional barriers to third-party candidates running for office in the United States, and the importance of organizing and not losing hope.  Further resources:  Jill Stein 2024  Related episodes   Upstream: A Marxist Perspective on Elections with August Nimtz  Upstream: [UNLOCKED] Voting for Socialism w/ Claudia De La Cruz & Karina Garcia  Intermission music by Minutemen.  Episode artwork by Berwyn Mure. This episode of Upstream is brought to you in part by the Alliance For Just Money. Help!! Mayday!! May 18th is the 110th anniversary of Congress ceding its power to create money to commercial banks nationwide. Alliance For Just Money allies are working to change our money system to focus on people and planetary and societal needs. Join the Alliance May 18th for a march and rally in downtown Chicago, and for teach-ins that weekend. Go to monetaryalliance.org/mayday to learn more. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Subscribe to our Patreon at patreon.com/upstreampodcast or please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at   upstreampodcast.org/sponsorship For more from Upstream, visit  www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky.   You can also subscribe to us on Apple Podcasts,  Spotify, or wherever you listen to your favorite podcasts.  

Battling the Duopoly w/ Jill Stein

You can listen to the full episode "International Workers' Day" by subscribing to our Patreon here: https://www.patreon.com/upstreampodcast As a Patreon subscriber you will get access to at least one bonus episode a month (usually two or three), our entire back catalog of Patreon episodes, early access to certain episodes, and other benefits like stickers and bumper stickers—depending on which tier you subscribe to. You’ll also be helping to keep Upstream sustainable and allowing us to keep this project going. Find out more at Patreon.com/upstreampodcast or at upstreampodcast.org/support. Thank you. Militant workers, strikes, murder, dynamite, massacres—working class history is stained with the blood of martyrs and the atrocities of the ruling classes—a centuries-long struggle of class war that began at the dawn of capitalism itself. On today’s episode we're recognizing and celebrating International Workers’ Day, held every year on this day—May 1st. The history of this day goes all the way back to the late 1800s, and yes, it includes massacres and strikes and dynamite. It's a story about class war—quite literally. And we’ve brought on the perfect guest to tell us about it. John is a researcher at Working Class History—an online people's history project that includes a daily calendar of working class historical events, a longform and a daily podcast, a stories app, a map app, and much more.  In this episode John recounts the harrowing, violent, and sometimes humorous stories of how International Workers’ Day came to be what it is today. We explore this day’s legacy from the 1880s to the present, what working conditions were like in the late 19th century and how they resemble our current conditions, and why it's important to keep the legacy and lessons from this important day in our hearts, minds—and in our actions. Further resources:  Working Class History Working Class History podcasts The Incomplete, True, Authentic, and Wonderful History of May Day, by Peter Linebaugh Labor Day is May 1, by Jonah Walters  Related Episodes:   Upstream: Abolish the Police  Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Subscribe to our Patreon at patreon.com/upstreampodcast or please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at   upstreampodcast.org/sponsorship For more from Upstream, visit  www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky.   You can also subscribe to us on Apple Podcasts,  Spotify, or wherever you listen to your favorite podcasts.

[TEASER] International Workers' Day w/ John from Working Class History

You can listen to the full episode "Against Condemning Hamas" by subscribing to our Patreon here: https://www.patreon.com/upstreampodcast As a Patreon subscriber, not only will you get access to at least one bonus episode a month, usually two or three, as well as early access to certain episodes and other benefits like stickers and bumper stickers, depending on which tier you subscribe to, but you’ll also be helping to keep Upstream sustainable and allowing us to keep this project going. Find out more at Patreon.com/upstreampodcast or at upstreampodcast.org/support. Thank you. “The struggle for Palestinian liberation today is led by the Islamic Resistance Movement — Hamas. Hamas is supported by the entirety of the organized Palestinian left. One might have expected that the left in the imperial core would follow the leadership of the Palestinian left in supporting Hamas. More often than not, though, left intellectuals echo the condemnations that imperialist states make the condition for speaking about Palestine. In so doing, they take a side against the Palestinian revolution, giving a progressive face to the repression of the Palestinian political project, and betraying the anti-imperialist aspirations of a previous generation.” These are words written by Jodi Dean, a past guest on the show and a longtime activist, organizer, professor, and writer. In this Patreon episode, Robert reads an incredibly important piece written by Jodi about the Palestinian resistance movement which, after its publication, actually resulted in Jodi being punished by her university and relieved of teaching responsibilities. In light of the growing attacks on academic freedom, as well as the literal attacks being waged by militarized police forces against professors and students demonstrating on campuses across the country, we thought this was a crucial time to uplift Jodi’s words and share this important piece. As we did last time, Robert will come in from time to time to share his own analyses and reflections throughout the reading. Further resources:  Palestine speaks for everyone  Petition: Revoke Professor Jodi Dean's suspension from teaching at Hobart and William Smith Colleges  Upstream: Climate Leninism w/ Jodi Dean and Kai Heron    Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Subscribe to our Patreon at patreon.com/upstreampodcast or please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at   upstreampodcast.org/sponsorship For more from Upstream, visit  www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky.   You can also subscribe to us on Apple Podcasts,  Spotify, or wherever you listen to your favorite podcasts.  

A Left Answer to Inflation with Hadas Thier

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