The collapse of FTX and other crypto schemes follows the same pattern as the subprime mortgage and junk bond bubbles of recent decades.  Robert Hockett and Steve Grumbine explore the history of US paper currency, blockchain, CBDCs, and fraud & corruption in the financial system.

FTX and the Fall of Cryptocurrency with Robert Hockett

Macroeconomics has never been so ... delish!  Macro and Cheese explores the progressive movement through the lens of Modern Monetary Theory, with hot and irreverent political takes, spotlights in activism, and the razor sharp musings of Real Progressives Founder and host Steve Grumbine.  The cheese will flow as experts come in for a full, four course deep dive into the hot queso. 

Comfort Food for Thought!

Education

Training

Language Courses

Higher Education

K-12

Educational Technology

History

Society & Culture

News

Politics

Aaron Good, a political scientist and historian, talks with Steve about the US political system and power dynamics. They explore the roles of the deep state and oligarchy in policy-making and the suppression of democracy.“This is a very low point in the history of democracy. Perhaps the lowest point ever, if you put it in a historical context. The United States was never really a democracy. Democracy isn't so much an either/or proposition, I would say it's a continuum ...
 
“Even in the generic sense of political rights and universal suffrage and basic 'one person, one vote' rules, the US comes up short. The electoral college is a ridiculous system. There are barriers to getting on the ballot.”
 
 The conversation includes a discussion on the role of empire and the pursuit of global dominance in shaping US politics and policies. Aaron argues that the US prioritizes its imperial ambitions over domestic issues, resulting in a loss of political power for most of the population. 
 Aaron Good holds a doctorate in political science from Temple University. He is the author of American Exception: Empire and the Deep State. Find his podcast at patreon.com/americanexception 
 Follow Aaron’s work at americanexception.substack.com/ 
 @Aaron_Good_ on Twitter

What Democracy? with Aaron Good

In a previous episode of this podcast, David Van Deusen spoke about the radical ten-point program adopted by the Vermont State Labor Council, AFL-CIO. This time, he and Steve discuss David’s new book, Insurgent Labour: The Vermont AFL-CIO from 2017 to 2023. They look at the importance of working-class unity, the need for unions to be more democratic and inclusive, and the need for a new approach to labor organizing. They touch on the problems of racial oppression, police unions, global labor movements, healthcare, and the futility in relying on the political parties. David's book provides insights and lessons from their experiences in Vermont, offering a potential roadmap for a more effective and inclusive labor movement in the US and abroad. 
 They discuss the global race to the bottom and international solidarity of the working class. 
“We can't have the US government foreign policy defining our foreign policy as a labor movement. We need to look for those groups that are truly engaged with struggles against the capitalists, against the elite, against the billionaires. And we need to make one on one direct relationships with them and support them where we can ... We should be reaching our hands out as a labor movement, as a US labor movement, saying 'what can we do to support you?' Because if they win there, they're going to set the example that could spread to other regions of the Middle East, Europe, and aspects of the United States. And shouldn't we be supporting democracies, especially those that actively invite labor activists, labor unions, to be part of the molding of the society that they labor within?”
 
 Check out the other interview with David: 
 https://realprogressives.org/podcast_episode/episode-186-the-power-of-organizing-with-david-van-deusen/ 
 David Van Deusen is a longtime organizer and militant union leader. He served two terms as President of the Vermont AFL-CIO (2019-2021 & 2021-2023) and is part of the working class left United! Slate. He is also a member of Democratic Socialists of America and a past member of Anti-Racist Action. His new book from PM Press is called Insurgent Labor: The Vermont AFL-CIO 2017-2023.

Insurgent Labor with David Van Deusen

When most of us think about bail, we focus on the financial burden it presents to the accused. This week’s guest is Jeffrey J. Clayton, Executive Director of the American Bail Coalition. He talks to Steve about the complicated anti-democratic trap that is our criminal justice system. Jeff explains that across the US there are plans in place to eliminate bail. (One would think that’s good news. One would be wrong.) In reality, these plans result in greater violations of civil liberties. Bail is being replaced by pre-trial incarceration and risk assessment tools using computer algorithms (AKA profiling?) 
 In his dissent in United States v. Salerno, Justice Thurgood Marshall warned that we are quickly moving to a criminal justice system where "a person innocent of any crime may be jailed indefinitely." Marshall called the bail system a shortcut to conviction. 
 Steve and Jeff discuss the most obvious ways to address crime – by providing jobs, housing, and education or training. Some caught up in the criminal justice system need recovery treatment. In the US, those healthcare services have become punitive. Jeff refers to them as the dragnet of the state. 
 Steve speaks of addressing the material conditions that contribute to criminal behavior. He brings up the concept of a federal job guarantee and talks about resource allocation and macroeconomic justice. 
 Jeffrey J. Clayton serves as the Executive Director of the American Bail Coalition (ABC). He holds a B.B.A. from Baylor University, an M.S. in Public Policy from the University of Rochester, N.Y., and a J.D. from the Sturm College of Law, University of Denver. 
 @ambailcoalition on Twitter

Is Bail Reform the Answer? with Jeff Clayton

**Check our website for upcoming events such as book clubs, RP Live webinars, and the Tuesday evening discussion group, Macro ‘n Chill. https://realprogressives.org/ 
 This week’s episode is the audio track of a recent webinar with historian Esha Krishnaswamy. Esha is now living in Russia to research and write a people’s history of the Soviet Union. 
 The discussion begins with the story of the First World War and the Bolshevik Revolution. The formation of the USSR as a proletarian state shook the capitalist nations of the West to their core. As a result, the Soviet Union was regularly under threat economically, militarily, as well as propaganda warfare. 
 Esha talks about the history of the Soviet Union and its ultimate dissolution against the will of the majority. She delves into the impact of its fall on various countries and the global economy. She looks at the shock doctrine years of Boris Yeltsin in the 1990s and the effects of such extreme austerity and privatization on the average citizens. She then goes into the Putin era and the move towards social democracy. 
 Finally, she touches upon NATO, the IMF, and the war in Ukraine. 
 Esha Krishnaswamy is a writer and media critic, whose focus is on history, foreign policy, and Modern Monetary Theory. She hosts Historic.ly and Late Nights with Lenin. 
 Find her work at historicly/substack.com 
 @eshaLegal on Twitter

RP Live: Putin's Russia with Esha Krishnaswamy

“Assange is being targeted by the US government because he doesn't conform to the dominant culture of the US prestige media. He's not going to be invited to the White House Correspondents' Dinner. He's not going to be given a Pulitzer. He's not going to be treated as one of them.”
 Steve’s guest is journalist Kevin Gosztola, author of Guilty of Journalism: The Political Case Against Julian Assange. Kevin has been advocating for freedom of the press since the George W. Bush administration and the imperialist wars in Iraq and Afghanistan. 
 Steve and Kevin discuss the lack of available unbiased information, particularly regarding events like the ongoing genocide in Gaza and the presidential election. They look at the collusion between mainstream media outlets and the government, the demonization of individuals who counter the mainstream narrative, and the targeting of journalists and newsrooms. 
 They highlight the efforts of the US empire to prevent information from reaching the public and discuss the significance of the documents published by WikiLeaks. They also discuss Assange's current situation and the deterioration of his health. 
 Kevin Gosztola is a journalist, press freedom advocate, and the author of Guilty of Journalism: The Political Case Against Julian Assange from Censored Press and Seven Stories Press. He publishes The Dissenter Newsletter at TheDissenter.org and has spent the past 10-15 years reporting on Assange, WikiLeaks, the war on whistleblowers, press freedom, and government secrecy. 
 @kgosztola on Twitter

FTX and the Fall of Cryptocurrency with Robert Hockett

Download our free app to listen on your phone