LEFT OUT: Ann Pettifor on why the public must understand how our monetary systems work
Release Date: 05/29/2018
LEFT OUT: Raúl Carrillo and Tousif Ahsan on creating a public bank in NYC
LEFT OUT
On this episode, Left Out's Paul Sliker & Dante Dallavelle speak with Raúl Carrillo of New Economy Project and Tousif Ahsan of NYPIRG about the coalition effort to bring a public bank to NYC as part of a broader vision for economic and racial justice; commercial vs. public banking models; and how public money can work for the public good.
info_outline![[TEASER] Raúl Carrillo and Tousif Ahsan on divestment, investment, and the function of a public bank show art](https://assets.libsyn.com/item/9153053?height=50&width=50)
[TEASER] Raúl Carrillo and Tousif Ahsan on divestment, investment, and the function of a public bank
LEFT OUT
In this Left Out teaser, Raúl Carrillo and Tousif Ahsan explain the roles of divestment, investment, and the function of a public bank.
info_outline![[TEASER] Raúl Carrillo on redlining & how banks](https://assets.libsyn.com/item/8991371?height=50&width=50)
[TEASER] Raúl Carrillo on redlining & how banks "lend" money
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In this teaser, Raúl Carrillo explains how commercial banks work and the issue of redlining.
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LEFT OUT: Erik Olin Wright on real utopias and anti-capitalist strategies
LEFT OUT
In this episode, we release an hour of unheard material from our conversation with Professor Erik Olin Wright, who sadly passed away this year on January 23rd, 2019. Erik Olin Wright was a leading Marxian professor and public intellectual who taught at the University Wisconsin for over four decades.
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LEFT OUT: Maliha Safri on worker cooperatives and the solidarity economy
LEFT OUT
In this episode, Professor Maliha Safri of Drew University sits down to discuss her work centered on worker cooperatives and their relation to the larger solidarity economy. We talk about New York City's and Philadelphia's worker cooperative movements and how they differ from other waves of worker cooperative development in the past. We also talk about worker cooperative development initiatives that are taking place in NYC and how support from the municipal government can best be leveraged. To access some of Professor Safri's work visit http://drew.academia.edu/MalihaSafri For her work...
info_outline![[BONUS] Michael Hudson: an autobiography show art](https://assets.libsyn.com/item/6898015?height=50&width=50)
[BONUS] Michael Hudson: an autobiography
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In this bonus episode, listen to the fascinating story of renowned economist Michael Hudson — the professor featured on our weekly economic and financial news series — The Hudson Report.
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THE HUDSON REPORT: The "next" financial crisis and public banking as the response
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In this episode of The Hudson Report, we speak with Michael Hudson about the implications of the flattening yield curve, the possibility of another global financial crisis, and public banking as an alternative to the current system.
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LEFT OUT: Pavlina Tcherneva on the macroeconomic effects of a job guarantee
LEFT OUT
In this episode of Left Out, Paul Sliker speaks with Pavlina Tcherneva at the Levy Economics Institute about the macroeconomic effects of a federal job guarantee, the common criticisms around its design and implementation, and much more.
info_outline![[TEASER] Pavlina Tcherneva on how a job guarantee pegs the dollar to labor show art](https://assets.libsyn.com/item/6836755?height=50&width=50)
[TEASER] Pavlina Tcherneva on how a job guarantee pegs the dollar to labor
LEFT OUT
In this Left Out teaser, economist Pavlina Tcherneva explains how if the US Government were to initiate a federal job guarantee, it would be pegging the US Dollar to labor and creating a condition where human labor becomes the anchor for the currency.
info_outline![[TEASER] Pavlina Tcherneva on Hyman Minsky and Post-Keynesian Institutionalism show art](https://assets.libsyn.com/item/6811316?height=50&width=50)
[TEASER] Pavlina Tcherneva on Hyman Minsky and Post-Keynesian Institutionalism
LEFT OUT
One of the main features of Minsky’s work is that he took an “institutionalist” approach and argued that abstract economic theory could not be applicable in all times and places but must be institution-specific.
info_outlineIn this episode of Left Out, political economist Ann Pettifor speaks with Paul Sliker about the production of money, as well as why challenging the despotic power of finance and fixing our economic system, crucially depends on people's understanding of it all.
"Very often my experience is that activists don't ever talk about this stuff. They don't have a list of these demands. We want to do something about taxes or we want to do something about investment—all that tangible stuff that you can see on a day-to-day basis. We don't ever to talk about this thing which you can't see, which is the financial system. So if we can just get talking about that we'll begin to make ways." -Ann Pettifor
Topics discussed:
- Money - what it is and how it is produced;
- How our banking and monetary systems work;
- Why mainstream economists leave out the activity of Banks, Money, and Private Debt in their thinking and modeling;
- Solutions for fixing and democratizing the global financial system;
- What the general public can do once they understand how our banking and monetary systems work;
- How people can effectively challenge and reverse the influence of extremely powerful financial interests;
- Bitcoin; Job Guarantee vs. UBI; Brexit; Jeremy Corbyn and the state of the Labour Party; European politics and the rise of the Far Right.
Pick up Ann's latest book: 'The Production of Money: How to Break the Power of Bankers' www.versobooks.com/
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