https://www.podbean.com/media/share/pb-z6a2j-1050273 On China, economic reform, and the future. While the USSR famously succumbed to destructive neoliberal "shock therapy", China managed to avoid it. How and why? Isabella Weber, author of How China Escaped Shock Therapy, tells us about China's opting for…
https://www.podbean.com/media/share/pb-ttqse-10321f3 On consequences of the pandemic + important local election results in Spain & UK. We start off by discussing the telling results of some recent local and regional elections: in the UK, Labour continues its drift to becoming…
Read More Excerpt: /192/ Three Articles: Pandemic (Dis)Satisfactions
https://www.podbean.com/media/share/pb-tazxe-f11ed0 Full episode is for subscribers only. Sign up at patreon.com/bungacast In this latest Three Articles, we discuss cosmopolitanism, the end of austerity (maybe?) and social control in the pandemic. Readings: Is cosmopolitanism our destiny?, Aris Roussinos, Unherd Meet the Philosopher…
Read More Excerpt: /158/ Three Articles: Cosmopolitan Austerity & Control
https://www.podbean.com/media/share/pb-y8fkt-edffc0 Episode for patrons $10+. Subscribe at patreon.com/bungacast This month we discuss Polish economist Michal Kalecki's landmark essay, "The Political Consequences of Full Employment". This follows on from our recent free episode, 'It's Not Robots, It's Capitalism' (ep 149) focusing…
https://www.podbean.com/media/share/pb-kh9f6-ecb86f On unemployment. The Covid crisis has led to millions out of work - but the situation was none too rosy before, either. Post-crisis recoveries seem increasingly 'jobless', while the overall labour force participation rate keeps falling as people drop…
Read More /149/ It’s Not Robots, It’s Capitalism ft. Aaron Benanav / Liz Pancotti
https://www.podbean.com/media/share/pb-2p86r-e5ec4b On US foreign policy. Following on from our episode on the political-economy of dollar hegemony (no. 139), we turn to look at how the dollar underpins American empire. Is 'permawar' a product of structural factors, rather than merely the…
https://www.podbean.com/media/share/pb-v4pch-e588a3 On dollar hegemony. Dutch disease has long been seen as the curse of resource-rich economies in which a currency appreciates and jobs are lost overseas. But what if the greenback is having the same effects on the US economy,…
Read More /139/ Dollar Empire ft. Yakov Feygin & Dominik Leusder
https://www.podbean.com/media/share/pb-ieh68-dd65e7 This is a subscriber-only episode. Sign up at patreon.com/bungacastIn this latests Three Articles we discuss power, money and the power of money - in a post-Covid world. Readings: The Death of the Central Bank Myth, Adam Tooze, Foreign…
https://www.podbean.com/media/share/pb-hz5pn-d5401f Modern Monetary Theory (MMT) has been hailed by some and scorned by others as offering a new framework to understand the financial system. But what is specifically 'modern' about MMT, and how does it differ from rival accounts of the…
Read More /111/ Big Money Talk: The Case for MMT ft. Bill Mitchell
https://www.podbean.com/media/share/pb-ayisy-ae607b On Modern Monetary Theory. Doug Henwood joins us to discuss whether MMT offers a fiscal alternative for Left governments. What is monetary sovereignty and do all states have it? What are MMT's prospects for states as different as the…
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