Economic imperialism

Special Programming: Public Affairs on 01/26/09

Air date: 
Mon, 01/26/2009 - 10:00am - 11:00am

Host Dave Mazza speaks with Joel Magnuson, professor and author of "Mindful Economics: How the US Economy Works, Why it Matters, and How it Could be Different."

Joel Magnuson, professor of economics at Portland Community College, writes extensively on the political economy and on environmental issues related to capitalist development. He is a member of an international research group based in Cambridge, England, which is building a new philosophical foundation for economic theory and practice.

More Talk Radio on 01/26/09

Program: 
More Talk Radio
Air date: 
Mon, 01/26/2009 - 8:00am - 9:00am

As a starter for this morning's special on understanding the economic crisis hosts Cecil and Celeste speak with Arun Gupta, editor of the Indypendent newspaper in New York City focusing on economics. He wrote the recent piece “Obamanomics: Why the Stimulus Plan Will Not Revive the Economy.”
http://www.indypendent.org/2008/12/12/obamanomics.


 

Radiozine on 01/23/09

Program: 
Radiozine
Air date: 
Fri, 01/23/2009 - 10:00am - 10:30am

Lew Daly, co-author with Gar Alperovitz of "Unjust Deserts: How the Rich Are Taking Our Common Inheritance and Why We Should Take It Back," discusses wealth creation, income redistribution and moral philosophy.

Lew Daly is a Senior Fellow at Demos and the author of "God and the Welfare State."

live screaming on the weird wild web

First, the good news:

"WASHINGTON — President Obama is expected to sign executive orders Thursday directing the Central Intelligence Agency to shut what remains of its network of secret prisons and ordering the closing of the Guantánamo detention camp within a year, government officials said."  --New York Times

But ongoing:

At least 716,760 people have been killed, and
1,397,255 seriously injured in Afghanistan and Iraq.

Actually, we've killed a million in Iraq and displaced two million.

Gaza's death count from Israeli attacks: 1,284. 4,336 wounded. Vast majority were civilians.

And here's the latest on Bushite fascism:

Right 2 Survive

Second week of the month on Wednesday at 6:00pm - 7:00pm
6:00pm - 7:00pm
Confronting the housing crisis and organizing housing activists to address systemic inequalities
Program: 

Life During Wartime on 01/28/09

Program: 
Life During Wartime
Air date: 
Wed, 01/28/2009 - 11:00pm - Thu, 01/29/2009 - 1:00am
Short Description: 
Raging punk and hardcore spun by your favorites plus live performances from Iron Lung and Australia'

Holding Obama's Feet to the Fire

program: 
Locus Focus
program date: 
Tue, 01/20/2009

The day after Barack Obama's historic inauguration as president of the United States we'll look at how much has changed in the United States and what still needs to change in the days, months and years ahead.

Locus Focus host Barbara Bernstein is joined by guests John Cavanagh, director of the Institute for Policy Studies, and Ajamu Baraka, executive director of the US Human Rights Network.

54:56 minutes (25.15 MB)

Shockin n Rollin

 Once again, Digby nails it.

The fundamental purpose of the shock doctrine is to use crisis to push through unpopular and unjust "solutions" that favor the wealthy. We are seeing this battle take shape on several fronts. The right is working feverishly to discredit the New Deal at the same time that outside groups of so-called elder statesmen are lining up to screech about the deficit and entitlements. All of this obscures the real source of the current problem and obstructs the president's ability to do what's necessary to solve it.

If Obama were to succeed in fixing the economy, re-regulating the financial system, enacting health care and a modern environmental and energy policy, the right would be discredited for a couple of generations --- and the wealthy would lose many of their unfair advantages under a fair and equitable system. They not only do not want to take that chance, they also see this crisis as an opportunity to bury liberal economics and end the government programs that ensure a stable and prosperous society with a vast middle class. The stakes are huge for both sides.

This gets back to something we've touched on repeatedly over the years on the Abe and Joe show: the decades-long -- and largely successful -- endeavor by the monied class to undo the New Deal. As Digby notes, it's no accident that we're seeing an attempt in the news media to discredit the efficacy of the New Deal even as the President-elect and prominent economists like Paul Krugman call for a new, FDR-esque reinvestment in old and new infrastructure.

This has been going on for some time. The marginal personal and corporate income tax rate topped out in the World War II era at 94%, and with a few exceptions, has been in decline ever since. At the height of the Depression, in the late 1930s, the highest bracket was in the low 70% range. And during both crises -- depression and war -- we spent like drunken sailors and obtained solid results. And after the war, we kept on taxing and spending like the New Deal Democratic nation we were -- flaming leftists by today's standards. Hell, under Ike, the quintessential conservative of his age, the highest rate was over 90%.

But here's the thing. Consider what we did during that postwar era*.

We sent millions of ex-GIs to college. We built the interstate highway system. We rebuilt our conquered enemies. We built the most extensive public university system in the history of humanity. We put people on the moon. We saw sea changes in race and gender relations. We birthed history's first truly large-scale, educated middle class. We witnessed a riotous explosion of culture, as every imaginable tradition and heritage collided.

And people got rich. Lots of them. While paying high taxes.

But more importantly to the monied class -- and I think that these would-be assassins of the New Deal are oblivious to this, perhaps willfully so -- the middle class of the postwar era had money to spend on the products made by the monied class. Our ownership elite owes its exalted status to the fact that we and our parents and grandparents all spent money in the industrial economy.

So the attempt to bury the New Deal, organized labor, and the very notion of liberal Keynsian economics, is self-defeating. If you kill the middle class, there's no one to buy your useless crap. Now is the time to whip out that well-tuned sense of irony I've been urging you to develop.

Now is also the time to contact Obama and urge him to do the right thing with his economic policy. It's time to rebuild the middle class and invest in schools and solar power plants and high-speed trains and universal health care. It's time to bury conservative supply-side economic dogmatism for a good long time.

-A

* Yes, we also kept military spending at wartime levels. Yes, we started striking devil's bargains with brutal men in exchange for their nations' resources. Yes, we built an arsenal of doomsday weapons. Yes, we meddled ceaselessly all over the world. Yes, we presided over the maturation of the brutally exploitative global capitalist system. Yes, we waged cynical wars in far-flung places, both overt and covert. Yes, we perpetuated the global subjugation of the non-European peoples. Yes, we allowed the wholesale corporate acquisition of the wheels of government. Yes yes yes. I deny none of it. But we also did the stuff I said.

 

The Bailouts: Who gets helped. Who doesn't.

program: 
Presswatch
program date: 
Wed, 12/10/2008

On the Dec 11 Presswatch, host Theresa Mitchell, with the "News you're not supposed to know," looks at who's being bailed out and who's not by the government and the U.S. Treasury (and all of us taxpayers).   Guess what?  There's a $40,000  handout that you aren't getting! 

26:31 minutes (12.14 MB)

Circle A Radio

Air date: 
Wed, 01/07/2009 - 6:00pm - 7:00pm
Short Description: 
we discuss Hawaiian Sovereignty with Portland Author Elinor Langer, and Dr. Kekuni Blazedell, conven

Queen Liliuokalani was the last reigning monarch of the Hawaiian islands. She was deposed by opposition forces who called themselves the Committee of Safety,  with the help of the U.S. Marines.
On January 17, 1893, Queen Liliuokalani yielded her authority:
. . . Now to avoid any collision of armed forces, and perhaps the loss of life, I do this under protest and impelled by said force yield my authority until such time as the Government of the United States shall, upon facts being presented to it, undo the action of its representatives and reinstate me in the authority which I claim as the Constitutional Sovereign of the Hawaiian Islands.

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