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Season 1, Episode 118: The Pandemic Economy
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Description: The economic collapse unfolding before our eyes is much bigger than it appears and the solution isn’t simply to “build back better.” COVID-19 didn’t create the challenges we face. It laid bare flaws that have long existed at the foundation of our system. That is particularly true for Black, Indigenous, and other People of Color. What kind of reconstruction effort would truly reflect the scale of the problem? What should we rebuild and what should we abandon? To answer these questions, Laura interviews Professor Robert Reich, economist Stephanie Kelton, community organizer Esteban Kelly and Service Employees International Union president Mary Kay Henry about their visions for a recovery that will enable us to build a new economy that is equitable, reparative and sustainable.
Guests:
• Professor Robert Reich, Former US Secretary of Labor
• Dr. Stephanie Kelton, Author, The Deficit Myth, Modern Monetary Theory and the Birth of the People’s Economy
• Esteban Kelly, Executive Director, U.S. Federation of Worker Cooperatives
• Mary Kay Henry, President, Service Employees International Union
• How to Make a Democratic Economy
• Pluralism vs Authoritarianism: Gar Alperovitz
• Excerpt: Public infrastructure is appropriated by wealth elites through debt - Michael Hudson
• Monopoly Capitalism: At the Breaking Point
• Cheat, Lie & Steal: Michael Hudson on the Capitalist Way
• The Billionaires Who Profited from the Pandemic should help pay for our recovery, John Cassidy, The New Yorker
• The Pain of Pandemic-Induced Unemployment in America Is Brutal and Unceasing, by Hadas Their, Jacobin Magazine
• COVID Relief Package Contains a $120 Billion Gift to the Super Wealthy, by Michael Mechanic, Mother Jones
• Here’s how the eviction crisis could increase the spread of Covid in the US, by Annie Nova, CNBC
• Austerity Kills. PAYGO Must Go, by Ari Rabin-Have, Jacobin Magazine
• The Pandemic’s Economic Lessons, by Daniel Susskind, The Atlantic
“Stepping Back In Time” by Basel and the Supernaturals from their album “Smoke & Mirrors” courtesy of the artist, Listen and Read More