Updates on Coke vs Pepsi war, price gouging on cancer drugs, Corwyn good for UK Labor Party, and new Pope's strong anti-capitalist speeches. We respond to listeners' questions on guaranteed basic income and on why public employees are not an economic negative. Major attention is given to supporting countries that refuse to pay certain govt debts and especially to Greece in a review of is dramatic recent struggles.
Today's program focuses on two alternatives to capitalism. The first is an alternative to how capitalism organizes enterprises in terms of their internal workings and relationships. We examine workers self-directed enterprises: how they work and how they compare to capitalist enterprises. In the program's second half we look at an alternative to how capitalism organizes the economy as a whole: the socialist tradition that has evolved multiple different forms in the world today. We examine how socialism has evolved, its complex relationship with government, and how socialism compares with capitalism.
Continuing our new format experiment: two in-depth analyses. In the show's first half: The New Deal was both a victory and a defeat. Both offer crucial lessons for today. In the show's second half, a critical review of labor's short and long-run goals, labor's defensive decline, and a new strategy built on lessons of that decline.
We begin our 3-week experiment with a new format: two in-depth analyses, one in each half of the show. We begin by considering the different meanings of class, class analysis and class struggle across human history and why those differences matter so much now. Today's second half explores how socialism evolved from a basic alternative to capitalism into a state capitalism not so different from private capitalism.