The Progressive

Podcast: All Things Co-op (LS 37 · TOP 2.5% what is this?)
Episode: People Power - Imagining a World without Bosses
Pub date: 2023-03-14

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In this episode of All Things Co-op, Kevin and Cinar speak with sociologist, political scientist, author and documentary filmmaker Dario Azzellini. They discuss recuperated workplaces—workplaces that have been abandoned by private capitalist owners and taken over by workers and reorganized to be democratically controlled—and why the process of engaging in struggle with fellow workers builds an enduring ecosystem of trust. They also explore critiques of the Mondragon corporation, why co-ops should be rooted in community and social movements, the dangers of co-op owners identifying as entrepreneurs, the long history of worker struggles around the world, and more.

About our guest: Dario Azzellini is a professor and researcher in the Department of Development Studies (Unidad Académica en Estudios del Desarrollo) at the Autonomous University of Zacatecas (Zacatecas, Mexico) and visiting scholar at the ILR School at Cornell University (Ithaca, USA). His primary research interests are labour studies, local and workers’ self-management, and social movements and protest. He has more than 160 academic publications, among them more than 20 books, 11 films, and more than 100 journal articles and book chapters, many of which have been translated into a variety of languages. Together with Oliver Ressler he produced Occupy, Resist, Produce, a series of documentaries on recuperated factories under workers control in Europe.

To learn more: www.azzellini.net; https://www.versobooks.com/books/1433-they-can-t-represent-us; https://www.azzellini.net/en/english 

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Podcast: Free Thinking (LS 54 · TOP 0.5% what is this?)
Episode: Debt
Pub date: 2023-03-14

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Debt is central to the modern economy and it has long been so. The idea of debt has long been loaded with as much morality as financial meaning. Anne McElvoy explores our ideas about debt, what it is and how it works. Decisions about borrowing or paying down debt are currently being faced the world over. They’re informed by political beliefs and a whole history of ideas behind that. So, how have our ideas changed over time and what can or should be done about it?

Professor Kenneth Rogoff is Maurits C. Boas Chair of International Economics at Harvard University, a former Chief Economist at the International Monetary Fund and the author of This Time Is Different: Eight Centuries of Financial Folly. Vicky Pryce is an economist and a former Joint Head of the United Kingdom's Government Economic Service. New Generation Thinker Philip Roscoe is a Reader in the School of Management at the University of St Andrews and the author of How to Build a Stock Exchange: On the past, present and future of finance. And, New Generation Thinker, Dafydd Mills Daniel is a lecturer in Divinity at the University of St Andrews who looks at the history of philosophy and religious thought.

Producer: Ruth Watts

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Podcast: Macro N Cheese (LS 47 · TOP 1% what is this?)
Episode: Ep 215 - The Misery of Austerity with David Fields
Pub date: 2023-03-11

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Austerity is a potent weapon of class warfare. Political economist David Fields talks with Steve about the ways austerity serves to discipline labor, as it has been doing since the Bolshevik revolution. They touch on the reasons capitalism cannot risk full employment, as explained by both Karl Marx and Michal Kalecki.

David wants people to read Adam Smith’s The Wealth of Nations or The Theory of Moral Sentiments. Even Smith, the father of the “invisible hand,” said government is instituted for the security of property — for the rich against the poor.

The discussion touches on the current inflation, comparing the true causes to the mainstream narrative.

“There's been a very coordinated, calculated campaign with well-known economists. Call it neoliberalism. Call it what you want, financialization... The concepts, terms, economic principles that we take for granted are not value-neutral.”

We are embedded in a system of winners and losers and we’re meant to believe there’s no other way. Workers must be prevented from understanding the trifecta of austerity – fiscal, monetary, and industrial.

Bio: David M. Fields, Political Economist, Utah. From a critical realist & genetic structuralist ontology & epistemology, David's scholarly work centers on the intricacies concerning the interactions of foreign exchange & capital flows with economic growth, fiscal & monetary policy, and distribution, whereby attention is paid to the nature of money and international political economy. He has published in the following journals: Review of International Political Economy, Review of Political Economy, American Review of Political Economy, the Review of Keynesian Economics, and the Review of Radical Political Economics. Additionally, he has provided book chapter contributions to The Encyclopedia of Post-Keynesian Economics, The Encyclopedia of Central Banking, and the Wiley-Blackwell Encyclopedia of Globalization. David received his graduate degree from the University of Utah; his bachelor's from the University of Massachusetts, Amherst.

@ProfDavidFields on Twitter

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Podcast: Global Governance Futures: Imperfect Utopias or Bust (LS 25 · TOP 10% what is this?)
Episode: 33: Thomas Oatley – Complexity Theory and Political Economy 2.0
Pub date: 2023-03-10

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Professor Thomas Oatley is the Corasaniti-Zondorak Chair of International Relations at Tulane University. He focuses his research and teaching on the intersection of American hegemony and international political economy (IPE). Widely regarded as a scholar at the leading-edge of IPE research, Thomas has in recent years adopted an explicit complex systems frame to undergird a powerful critique of orthodox IPE and international relations approaches to studying the global economy and world order.

In this conversation we talk about the value of thinking in terms of complex systems, why complexity theory remains on the margins of global political scholarship, the nexus between our global financial and energy systems, green industrial policy and much, much more.

Thomas can be found here: https://liberalarts.tulane.edu/departments/political-science/people/thomas-oatley

He tweets @thoatley

We discussed:

‘Energy and the Complexity of International Order’, Global Environmental Politics (2021): https://direct.mit.edu/glep/article-abstract/21/4/20/107829/Energy-and-the-Complexity-of-International-Order

‘Green industrial policy and the global transformation of climate politics’ (with B. Allan and J. I. Lewis), Global Environmental Politics (2021): https://direct.mit.edu/glep/article/21/4/1/107853/Green-Industrial-Policy-and-the-Global

‘Toward a political economy of complex interdependence’, European Journal of International Relations (2019): https://journals.sagepub.com/doi/abs/10.1177/1354066119846553?journalCode=ejta

Joseph Tainter, The Collapse of Complex Societies (1990): https://www.cambridge.org/gb/academic/subjects/archaeology/archaeological-theory-and-methods/collapse-complex-societies?format=PB&isbn=9780521386739

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Podcast: New Books in Sociology (LS 40 · TOP 1.5% what is this?)
Episode: Claudio E. Benzecry, "The Perfect Fit: Creative Work in the Global Shoe Industry" (U Chicago Press, 2022)
Pub date: 2023-03-06

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The Perfect Fit: Creative Work in the Global Shoe Industry (The University of Chicago Press, 2022) shows us how globalization works through the many people and places involved in making women’s shoes.

We know a lot about how clothing and shoes are made cheaply, but very little about the process when they are made beautifully. In The Perfect Fit, Claudio E. Benzecry looks at the craft that goes into designing shoes for women in the US market, revealing that this creative process takes place on a global scale. Based on unprecedented behind-the-scenes access, The Perfect Fit offers an ethnographic window into the day-to-day life of designers, fit models, and technicians as they put together samples and prototypes, showing how expert work is a complement to and a necessary condition for factory exploitation.

Benzecry looks at the decisions and constraints behind how shoes are designed and developed, from initial inspiration to the mundane work of making sure a size seven stays constant. In doing so, he also fosters an original understanding of how globalization works from the ground up. Drawing on five years of research in New York, China, and Brazil, The Perfect Fit reveals how creative decisions are made, the kinds of expertise involved, and the almost impossible task of keeping the global supply chain humming.

Claudio E. Benzecry is Professor of Communication Studies and Sociology (courtesy) at Northwestern University.

Jun (Philip) Fang is an incoming Assistant Professor of Sociology at Colby College.

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Podcast: The MMT Podcast with Patricia Pino & Christian Reilly (LS 45 · TOP 1% what is this?)
Episode: #159 L. Randall Wray: How MMT Can Save The World
Pub date: 2023-02-22

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What is money, where does it come from and why is it important?

Patricia & Christian talk to award-winning primary MMT academic Professor L. Randall Wray about his latest book "Making Money Work For Us" and his part in the new academic collaboration "Modern Monetary Theory - Key Insights, Leading Thinkers."

Also in this episode: What are taxes for? Where do commercial banks fit in? And what is "doing MMT"?

Please help sustain this podcast!

Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast

Order L Randall Wray's latest book, "Making Money Work for Us" (2022): https://www.amazon.co.uk/gp/product/B0BDCS46BG/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0

Order the Gower Initiative's "Modern Monetary Theory - Key Insights, Leading Thinkers" (2023): https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html

For an intro to MMT:

Our first three episodes: https://www.patreon.com/posts/41742417

Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318

All our episodes in chronological order: https://www.patreon.com/posts/43111643

All our episodes with L. Randall Wray: https://www.patreon.com/posts/44467066

Relevant to this episode:

Episode 133 with Professor Hannah Appel, co-founder of The Debt Collective: https://www.patreon.com/posts/67518491

For more on quantitative easing:

Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true

Episode 59 - Warren Mosler: What Do Central Banks Do?:https://www.patreon.com/posts/39070023

For more on the meaning of endogenous and exogenous money, listen to our episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683

For more on the MMT Job Guarantee (the targeted spending Professor Wray refers to in this episode), Pavlina Tcherneva lays out why the Job Guarantee is core to Modern Monetary Theory in Episode 148: https://www.patreon.com/posts/73211346?pr=true

"WHAT IS MONEY?" by A Mitchell Innes: https://www.community-exchange.org/docs/what%20is%20money.htm

Quick MMT reads:

Warren's Mosler's MMT white paper: http://moslereconomics.com/mmt-white-paper/

Steven Hail's quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095

On government debt: "Some Numbers Are Big. Let Me Help You Get Over It": https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/

For a short, non-technical, free ebook explaining MMT, download MMT founder Warren Mosler's "7 Deadly Innocent Frauds Of Economic Policy" here: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf

Episodes on monetary operations:

Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824

Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318

Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887

Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683

Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183

Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929

Episodes on inflation:

Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508

Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678

Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835

Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379

Episode 128 - L. Randall Wray & Yeva Nersisyan: What's Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558

More on government bonds (and "vigilantes"):

Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):https://www.patreon.com/posts/29621245

Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500

Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true

Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: https://www.patreon.com/posts/episode-147-dirk-72906421

Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513

Episode 145 - John T Harvey: What Determines Currency Prices?: https://www.patreon.com/posts/72283811?pr=true

Job Guarantee episodes:

Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701

Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543

Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346

Pavlina Tcherneva's Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/

MMT Events And Courses In 2023

Apply for Professor Bill Mitchell's short, free online course in Modern Monetary Theory (February 15th - March 14th) here: https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century

More information about Professor Mitchell's MMTed project (free public online courses in MMT) here: http://www.mmted.org/

Tickets to the very first Scotonomics festival (online or in-person, Dundee, Scotland 24th-26th March) are available here: https://scotonomics.scot/live-events/

Apply for Dr Dirk Ehnts' Modern Monetary Theory and European Macroeconomics course at Maastricht University (July 31st - August 4th) here: https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics

Details of Modern Money Lab's online graduate and postgraduate courses in MMT are here: https://modernmoneylab.org.au/

Extensive list of MMT scholarship compiled by New Economic Perspectives: http://neweconomicperspectives.org/mmt-scholarship

MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies: https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies

A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757

We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos

Show notes: https://www.patreon.com/posts/79000475?pr=true

The podcast and artwork embedded on this page are from Patricia Pino & Christian Reilly, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Podcast: Analysis (LS 57 · TOP 0.5% what is this?)
Episode: The death of globalisation?
Pub date: 2023-02-27

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Professor Ian Goldin explores globalisation, and asks how far the world is fragmenting politically and economically, and what the consequences of that could be.

Since around 1990, with the end of the Cold War, the opening of China, global agreements to reduce trade barriers and the development of the internet, there has been a dramatic acceleration of globalisation.

But its shortcomings are under the spotlight. Governments are making policy choices that protect their industries, and there’s a knock on effect on other countries and consumers around the world.

How can the challenges be addressed?

With contributions from:

Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation.

Minouche Shafik, President and vice-chancellor of the London School of Economics

Zanny Minton Beddoes, Editor of The Economist

Rana Foroohar, Financial Times commentator and author.

Kishore Mahbubani, former Ambassador to the UN

Credits:

CBS News, 24.09.19 – Donald Trump addressing the UN General Assembly in New York, pushing his ‘America First’ agenda.

Conservative party, 02.10.19 – Boris Johnson at Conservative party conference ‘Let’s get Brexit done.’

The White House, 04.03.22 – Joe Biden announce his ‘Made in America’ commitments.

World Economic Forum, 18.01.23 - German Chancellor, Olaf Scholz, addresses the World Economic For in Davos, warning of the dangers of de-globalisation.

BBC Newsnight,19.02.97 - Reporter Mike Robertson, reports on Xiao Ping’s economic legacy.

BBC interview, 2005 - Tim Berners Lee describes the creation of the worldwide web.

BBC Newsnight, 10.11.89 – reporter piece from the Berlin Wall.

BBC Radio 5Live, 26.01.23 – Latest UK car manufacturing figures from 5Live presenter Rachel Burden and detail from BBC Business editor, Simon Jack.

Courtesy, Ronald Reagan Presidential Library, 26.11.88 – Ronald Reagan’s radio address to the nation where he reminds the US to be thankful for economic prosperity generated by global trade.

Courtesy, William J. Clinton Presidential Library, 28.01.2000 - President Clinton addresses the World Economic Forum about the connections between the global economy and US prosperity.

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Podcast: KPFA - Letters and Politics (LS 48 · TOP 1% what is this?)
Episode: Fund Drive Special – The Untold History of American Labor
Pub date: 2023-02-23

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Guest: Kim Kelly is an independent journalist, author, and organizer. She has been a regular labor columnist for Teen Vogue since 2018. She is the author of Fight Like Hell: The Untold History of American Labor.

The post Fund Drive Special – The Untold History of American Labor appeared first on KPFA.

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Podcast: Hierarchies of Development
Episode: S2 Ep1 Money and finance hierarchies part 1
Pub date: 2023-02-27

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We speak to Karina Patricio Ferreira Lima (University of Leeds, UK) about hierarchies in money and finance. Join us for this exciting episode to hear about core-periphery dynamics of inflation, the role of the International Monetary Fund in assessing debt sustainability, and much more!

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Podcast: Geopolitical Economy Report (LS 50 · TOP 0.5% what is this?)
Episode: The 'globalization' myth, US hegemony, and crisis of capitalism, with Radhika Desai
Pub date: 2023-02-17

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Economist Radhika Desai and Ben Norton discuss the neoliberal myth of "globalization", the contradictions of US hegemony, and the crisis of capitalism.

VIDEO: https://youtube.com/watch?v=GRKHCwVzvTs

This is part 1 in a series discussing Radhika's new book "Capitalism, Coronavirus, and War: A Geopolitical Economy".

You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/02/17/capitalism-coronavirus-war-geopolitical-economy-radhika-desai

Other episodes in the series: https://youtube.com/playlist?list=PLDAi0NdlN8hNZoKp0XsLFwSxxlMQu6ye8

You can get Radhika's previous book "Geopolitical Economy: After US Hegemony, Globalization, and Empire" here: https://plutobooks.com/9781849648400/geopolitical-economy

The podcast and artwork embedded on this page are from Ben Norton, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.