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Umass Lowell Economics professor William Lazonick, outlines the history of how government policy and economic conditions contributed to the rise and fall of a Black blue-collar middle class. Part 2 takes a closer look at the role of finance and stock buybacks and what can be done to reverse the trend towards growing inequality.

How much does the standard theory of externalities and public goods really say?

If we’re going to address environmental catastrophe, we need to support each other on a global scale. Rob Johnson checks in with Adair Turner about his work, and practical solutions to address the climate crisis.

Jim Chanos, the president and founder of Kynikos Associates and well-known investment manager talks to Rob about the post-pandemic financial system, which has become more steeped in a casino culture than it has been in a very long time, and whether China’s financial situation serves as an example or as a warning.

Matt Stoller, Director of Research at the American Economic Liberties Project and author of Goliath: The 100-Year War Between Monopoly Power and Democracy, talks about the many ways in which the US economic system has become rigged to favor the richest.

Prosperity Now CEO Gary Cunningham talks to Rob, in a wide-ranging discussion, about the many ways in which the pandemic has affected racial justice and injustice and how we might overcome the divisions and polarizations that we currently confront.

What is GM CEO Mary Barra’s take-home pay? (It’s more than you are being told)

Financial Times columnist and US editorial board chair Gillian Tett talks about her new book, Anthro-Vision, which makes the case for how anthropological intelligence can help us make better sense of the contemporary world.

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Economic issues are a primary part of Trump’s appeal to his base

Andrew Sheng, Distinguished Fellow at the Asia Global Institute, University of Hong Kong, talks about the love-hate relationship between the US and China and how both sides must learn to cooperate to address the world’s most pressing problems

Author and Distinguished Senior Fellow of the Democracy Collaborative, Marjorie Kelly, talks about her recently released book, Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises (Berrett-Kohler, September 2023), which also outlines a vision for democratizing the economy so that it serves the broader public good.

INET board member and Othering & Belonging Institute Director john a. powell discusses the ways in which the pandemic intersects with racial inequality and how government policy could address both problems at the same time.

Why freeing American households and businesses from crippling private debt would be a boon to the economy. Article reposted from DemocracyJournal.org.

Banks have long had undue influence in society. But with the rapid expansion of a financial sector that transforms all debts and assets into tradable commodities, we are faced with something far worse: financial markets with an only abstract, inflated, and destabilizing relationship with the real economy. To prevent another crisis, finance must be domesticated and turned into a useful servant of society.