The Progressive

"The idea of the catastrophic convergence essentially looks at how climate change interacts with the pre-existing crises of the legacy of US imperialism and Cold War militarism and neoliberal economic restructuring."

In this episode, we welcome Christian Parenti, a Professor of Economics at John Jay College, City University of New York. His undergraduate and graduate teaching, and research, focus on: American economic history, environmental history, and the history of capitalism; climate change and sustainable energy; as well as war, policing, and political violence.

Some of the topics we explore in this conversation include what Parenti means by “big storms require big government”, viewing capital in part as social relations, various regional conflicts resulting from the "catastrophic convergence" of climate change, militarism and imperialism, and neoliberal economic restructuring, and more.

(The musical offering featured in this episode is Come The Rain by Maggie Clifford. The episode-inspired artwork is by Luise Hesse.)

Support our in(ter)dependent show: GreenDreamer.com/support

Guest: Marcello Musto is the author of The Last Years of Karl Marx.  He is also a Professor of Sociological Theory at York University where he is the founding director of the Laboratory for Alternative Theories.

The post Karl Marx’s Final Years appeared first on KPFA.

This week on TFSR, Professor Raymond Craib talks about his book, "Adventure Capitalism: A History of Libertarian Exit, from the Era of Decolonization to the Digital Age" out recently from PM Press. We talk about capitalist fundamentalists attempting to create free market utopias, right wing so-called Libertarians, Ayn Rand, neoliberalism and the oxymoronic tendency known as "anarcho-capitalism" at the center of the recent HBO Max series called "The Anarchists".

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A quick note: the book on the Republic of New Afrika that Bursts mentioned was Free The Land by Edward Onaci. There was an interesting interview on Millenials Are Killing Capitalism podcast with the author last year.

Stay tuned next week for our interview with Sam & Alex of the antifascist podcast, 12 Rules for WHAT about their podcast and their two books, "Post Internet Far Right" or PIFR, and "The Rise of Ecofascism". Patreon supporters can get this episode a few days early alongside other gifts. Check out that and other ways to support us at tfsr.wtf/support

After a few weeks of being in transit, Eric has arrived at what is expected to be his final prison before release: USP Florence ADX, the Supermax prison of the Bureau of Prisons. He just arrived yesterday and not much is known about any communication restrictions but please shoot Eric a letter to let him know you care.

Eric King #27090-045 USP Florence ADMAX PO Box 8500

Florence, CO 81226

As we know more about any restrictions or mail rules, they will be shared.

ADX is a controversial prison with most cells being one person only and everyone being on 24 lockdown. The US sends people with high-profile and serious cases here to bury them and is often in the media whenever someone gets sent there like El Chapo or people involved with the 911 attacks. There have been countless lawsuits since ADX was established in the 1990s. It is a BOP facility so one can expect all of the things that happen at any facility with the added cruelty of long term isolated confinement.

Keep up on his support page, SupportEricKing.Org

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• C.R.E.A.M. by El Michels Affair from Enter The 37th Chamber

Dr. Palley earned his bachelor’s degree from Oxford University and both his master’s and Ph.D. in Economics and International Relations from Yale University. Thomas has been featured in numerous prominent journals and has featured in publications such as The Atlantic Monthly, American Prospect, and The Nation. He previously served as Chief Economist for the US-China Economic and Security Review Commission, an independent arm of government that analyzes bilateral trade between the US and China. Dr. Palley has authored several books including Restoring Shared Prosperity, Financialization, The Economic Crisis, and From Financial Crisis to Stagnation. Dr. Palley joined the Henry George School to discuss his vision of periods of American economic history, how the myth of“free markets” precluded the reality of mixed-market economies, and how financialization changes firms’ social behavior.

To check out more of our content, including our research, visit our website: https://www.hgsss.org/

In this episode, cohost Julian Gomez and I talk to Professor Amy Offner about her book, Sorting the Mixed Economy: The Rise and Fall of Welfare and Developmental States in the Americas. This is the "untold story of how welfare and development programs in the United States and Latin America produced the instruments of their own destruction". We focus on the history of Ciudad Kennedy in Bogotá, a borough in Bogotá built with support of the Alliance for Progress, and whose history reveals  how the logics of assisted self built housing has its roots in the New Deal and Cold War, and held the seed of austerity even as it required major state involvement. We also read the Colombian presidential elections - then just days away - and what the history describe in Prof. Offner's book tell us about the face-off between Gustavo Petro and Rodolfo Hernandez. 

Prof. Amy C. Offner (Ph.D. Columbia University) studies twentieth-century US history in global perspective, with special focus on Latin America.  Her research and teaching address the history of capitalism and political economy, empire and foreign relations, and social and intellectual history. You can find her book here.

Julián Gómez Delgado is a PhD student in sociology and historical studies at The New School for Social Research. His research in political and historical sociology revolves around state formation, capitalist development and social conflict across Latin America, with a special focus on Colombia.. You can find him on twitter @juliangomezdel

Sean is joined by Japser Bernes of End Notes and Cal Berkeley to catch up on the comings and goings of the communization current. They discuss the plight of big American cities, the legacy of Occupy/BLM, the ongoing crisis of inflation and supply shocks and how communists might create a counterpower to the logistical infrastructure of capital.

Follow Jasper @outsidedadgitator

if you like our work, support us at patreon.com/theantifada

https://jasperbernes.net/

https://brooklynrail.org/2022/02/field-notes/Been-Down-So-Long-It-Looks-Like-Up-To-Me

http://endnotes.org.uk/articles/21

Adrienne Buller joins Long Reads for a discussion about "asset-manager capitalism" and the climate crisis. Adrienne is senior research fellow at Common Wealth, a progressive think tank, and co-author of the forthcoming book Owning the Future.

Read Adrienne's review of Trillions here: https://jacobin.com/2022/03/index-funds-blackrock-vanguard-stocks-ownership-democracy-concentration/

And her report for Common Wealth here: https://www.common-wealth.co.uk/reports/asset-manager-capitalism-where-next

Long Reads is a Jacobin podcast looking in-depth at political topics and thinkers, both contemporary and historical, with the magazine’s longform writers. Hosted by Features Editor Daniel Finn. Produced by Conor Gillies, music by Knxwledge.

Patricia and Christian talk to economist and author Professor Eric Tymoigne about the history of money, cryptocurrency, and what makes some monetary instruments more instrumental than others.

Please help sustain this podcast!

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

For an intro to MMT:

Listen to our first three episodes: https://www.patreon.com/posts/41742417

And 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

Eric Tymoigne's bio and publications: https://college.lclark.edu/live/profiles/51-eric-tymoigne

Eric Tymoigne On Twitter: https://twitter.com/tymoignee

More 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

"An Accounting Model of the UK Exchequer – 2nd edition" by Andrew Berkeley, Richard Tye & Neil Wilson: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-uk-exchequer/

Our episodes about "An Accounting Model of the UK Exchequer":

Part 1: https://www.patreon.com/posts/46352183

Part 2: https://www.patreon.com/posts/46865929

More 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 details on Dirk Ehnts' "Modern Monetary Theory and European Macroeconomics" course at Maastricht University: https://maastricht.dreamapply.com/courses/course/134-modern-monetary-theory-and-european-macroeconomics?search=34057

Sign up for alerts from The Gower Initiative For Modern Money Studies about their forthcoming MMT book: https://gimms.org.uk/

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

Transcript for opening monologue: https://www.patreon.com/posts/69607748

Show notes: https://www.patreon.com/posts/69607717

In Episode 258 of Hidden Forces, Demetri Kofinas speaks with Lev Menand, author of "The Fed Unbound: Central Banking in a Time of Crisis." Menand is an associate professor of law at Columbia Law School who has worked as an economist at the Federal Reserve Bank of New York and as a senior advisor to both the Deputy Secretary of the Treasury and the Assistant Secretary for Financial Institutions.

He joins Demetri for an important and timely conversation about the US Dollar and the evolution of the international financial system into a kind of Frankenstein's monster whose appendages and doppelgängers reach into the deepest recesses of the global economy.

Dollar balances and dollar-based lending by institutions not regulated by the Federal Reserve—what we broadly refer to as the shadow banking system—have grown so large over the years that no one, not even the Fed, can actually quantify them.

For most of us, awareness of just how dangerously complex the modern banking system has become was made clear fourteen years ago with the onset of what we now call "The Global Financial Crisis," a supposedly once-in-a-lifetime event that almost repeated itself during the early days of the Covid-19 pandemic when the Fed came to the rescue of markets to stop yet another financial panic that threatened to bring down the global financial system.

Panics like these ultimately stem from a fear or inability on the part of financial counterparties to settle claims and honor liabilities. With the Fed now raising interest rates more aggressively than it has in almost thirty years the question that many investors, economists, and policymakers around the world should be asking themselves is "what is the likelihood that the events we experienced in 2008 and most recently in 2020 repeat themselves today?"

Our objective in bringing you this conversation is to provide you with a foundational framework for understanding the forces responsible for driving crises of liquidity in the international dollar system during a time when those forces are growing stronger and stronger. In the process you are going to learn about the plumbing of the shadow banking system, the evolution of the eurodollar market, repos, money market funds, and so much more. The majority of that conversation takes place in the second hour of today's episode which is available to premium subscribers only.

You can access the full episode, transcript, and intelligence report to this week's conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application.

If you enjoyed listening to today's episode of Hidden Forces you can help support the show by doing the following:

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Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

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Episode Recorded on 07/07/2022