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LEFT OUT

Left Out creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.
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Now displaying: Category: News and Politics
Jul 1, 2018

Kate Aronoff is a graduate student of Economics at John Jay College, a contributing writer at The Intercept, and a writing fellow for In These Times covering the politics of climate change, economics and public policy, the White House and the Trump administration, and the resistance to Trump's agenda.

In the this episode of Left Out, we cover a number of topics with Kate: 

  • Heterodox vs. Neoclassical (mainstream) economics;
  • Women and economics;
  • The history of the Job Guarantee and today's proposals;
  • The state of the Democratic Party;
  • Climate change and climate politics in the age of Trump;
  • The privatization of Puerto Rico and PREPA
Articles discussed in the show:
 
 
 
Check out the rest of Kate's recent work:
 
 
 
Follow Kate on Twitter: @KateAronoff
 
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We need your help to keep providing free content. Please support Left Out by becoming a Patron: www.patreon.com/leftout/
 
 
Jun 13, 2018

In this clip of our upcoming episode with Kate Aronoff, Kate recalls her recent exchange in Puerto Rico with the chairman of the House Natural Resources Committee, Rob Bishop, R-Utah, about the privatization of PREPA and his plans to turn Puerto Rico into an export hub for natural gas.

Our full episode with Kate Aronoff on heterodox economics, her recent reporting on a federal job guarantee, U.S. politics in the Trump era, climate change, Puerto Rico, and more, will air in the coming week.

If you're enjoying Left Out, please support us by becoming a subscriber on Patreon. We depend on your small donations to help Left Out stay alive and keep churning out content that's always free and never behind a paywall.

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Kate Aronoff is a graduate student of Economics at John Jay College, a contributing writer at The Intercept, and a writing fellow for In These Times covering the politics of climate change, economics and public policy, the White House and the Trump administration, and the resistance to Trump's agenda.

Apr 26, 2018

Left Out, a podcast produced by Paul Sliker, Michael Palmieri, and Dante Dallavalle, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.  

The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we cover an economic or political issue that is either being ignored—or hotly debated—that week in the press.

In this episode we discuss the ancient history of debt cancellation, the untold life of Jesus as an economic justice activist, and more largely Professor Hudson's forthcoming book, "...and forgive them their debts," out in summer 2018.

***Please help keep this show alive by supporting us on on patreon.com/leftout***

Apr 13, 2018

In this episode, we sat down with the Marxist sociologist Erik Olin Wright, who has taught at the University Wisconsin for over four decades.

We talk about the different understandings of class, how class shapes individual identities, and how it affects struggles to organize the shop floor and much more.

Erik Olin Wright website: https://ssc.wisc.edu/~wright/

 

** Follow Left Out on our brand new Twitter account: @leftoutpodcast    

** Please donate to Left Out on Patreon to receive exclusive content and access to engaging with our future guests. Your small donations keep this alive: https://www.patreon.com/leftout 

 

 

Apr 9, 2018

Michael Hudson discusses the so-called "trade war" developing between the U.S. and China.

 The Hudson Report is a Left Out weekly series with the legendary economist Michael Hudson. Every week, we look at an economic issue that is either being ignored—or hotly debated—in the press that week. 

 
 If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
 
Please follow us on our new Twitter: @leftoutpodcast
Apr 5, 2018
Here is a short clip of Erik Olin Wright, Marxist sociologist at the University of Wisconsin, speaking about the different conceptions of class.
 
The full episode is scheduled to release Thursday April 12th.
 
If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
Please follow us on our new Twitter: @leftoutpodcast
Apr 3, 2018
In this episode we discuss the economic and political implications of the attempted murder of former Russian double agent Sergei Skripal. We also touch upon the long history of collaboration between Russian oligarchs and Western banks and how it fits into the larger neoliberal project pursued after the collapse of the Soviet Union. 
 
 
The Hudson Report is a Left Out weekly series with the legendary economist Michael Hudson. Every week, we look at an economic issue that is either being ignored—or hotly debated—in the press that week. 
 
 
If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
 
Please follow us on our new Twitter: @leftoutpodcast
 
 
Mar 28, 2018

Senate Republicans and Wall Street friendly Democrats recently voted in favor of rolling back banking industry regulations, including key parts of Dodd-Frank, under the guise of providing relief for struggling community banks. Professor Michael Hudson weighs in on the details of the bill and its potential economic impact.

The Hudson Report is a new weekly series with the legendary economist Michael Hudson. Every episode we cover an economic or political issue that is either being ignored—or hotly debated—that week in the press.
 
If you’re enjoying Left Out, please support us by becoming a subscriber on Patreon: https://www.patreon.com/leftout
 
Please follow us on our new Twitter: @leftoutpodcast
Mar 8, 2018
Stephanie Kelton is a leading American economist and a Professor of Public Policy and Economics at Stony Brook University. Kelton was Chief Economist on the U.S. Senate Budget Committee and Economic Advisor to the Bernie 2016 presidential campaign. She's most known for being a pioneer of Modern Monetary Theory (MMT). 
 
In this episode, Professor Kelton debunks budget deficit and government spending myths and explains how understanding how our monetary system works is crucial to making the political and economic case for important programs like universal health care, free public higher education, infrastructure investment, and more.
 
We also explore some current economic issues, including how we might be able to cancel all public and private student debt in the U.S., and lastly the role and challenges of women in economics.
 

** Follow Left Out on our brand new Twitter account: @leftoutpodcast    

 
** Please donate to Left Out on Patreon to receive exclusive content and access to engaging with our future guests. Your small donations keep this alive: https://www.patreon.com/leftout 
Mar 6, 2018
Professor Stephanie Kelton, former Chief Economist - U.S. Senate Budget Committee and Advisor to Bernie 2016, reflects back on her academic career in economics - a field with only 13% women economists.
 
The full episode on MMT and debunking budget deficit myths will air Thursday, March 8th.
 
Mar 3, 2018

Professor Stephanie Kelton, former Chief Economist to the US Senate Budget Committee and Economic Adviser to Bernie 2016, on how the US federal government can easily "pay" for federal programs like social security. 

***Full will air on Thursday March 8th***

Feb 8, 2018

In this episode of Left Out, we speak with Professor Steve Keen about his latest book, Can We Avoid Another Financial Crisis?, as well as the failure of mainstream economics.

In late 2005, Keene became the first economist to predict the 2007-08 financial crisis, earning himself the Revere Award from the Real World Economics Review for “being the economist who most cogently warned of the crisis, and whose work is most likely to prevent future crises.”

In the first half of our interview, Professor Keen explains why conventional economic theory doesn’t describe capitalism accurately, as well as Hyman Minsky’s hypothesis on the significance of private debt in the economy— something that is largely ignored by the predominant “Neoclassical” school of economics today.

In the second half, we turn to the prescriptive. Keen contends the main thing people need to think about is that “as well as workers and capitalists we have creditors and debtors in this economy— and by far the most important social clash these days is not between workers and capitalists, it’s between the financial sector and the rest of the economy.”

As for the Left, Keen thinks in order to win it must be less reactive and more intelligent in their campaigning, otherwise the future we’ll face “will be that of The Hunger Games and not of a democratic society.” That means focusing more on the role of private debt than on wage campaigns or unionization, and fighting for a modern debt jubilee and universal basic income.

Keen wraps up our discussion with his forecast for the global economy and gives us his predictions for what countries are most likely to face a crisis in the next 1-3 years.

** Please donate to Left Out on Patreon to receive exclusive content and access to engaging with our future guests. Your small donations keep this alive: https://www.patreon.com/leftout **

Feb 5, 2018

Professor Steve Keen, the first economist to predict the 2008 financial crisis, explains why mainstream economists aren't experts on money and finance.

Jan 18, 2018

In this episode of Left Out, we sat down with Kali Akuno — the co-founder and co-directer of Cooperation Jackson. We discuss the emerging network of worker-owned cooperatives and the people behind it building an alternative, solidarity-based economy inside the majority-black and impoverished city of Jackson, Mississippi.

We then diver deeper into the different types of worker-owned cooperatives that makeup Cooperation Jackson; the importance of developing cooperatives with clear political aims; and the need for a nationwide network of cooperatives and solidarity economic institutions as a viable alternative to the exploitative nature of our current economic, social, and environmental relations.

*** Please donate to Left Out on Patreon to receive exclusive content and access to engaging with our future guests. We depend on your support to keep this show alive: https://www.patreon.com/leftout ***

Jan 18, 2018

In our next episode of LEFT OUT we sit down with Kali Akuno of Cooperation Jackson and spoke to him about his new book, Jackson Rising: The Struggle for Economic Democracy and Black Self-Determination in Jackson, Mississippi. Here is a short clip from that interview.  

 

Dec 13, 2017

The second episode of Left Out "Taking Power in a Climate of Chaos" is coming soon! Here is a clip of our guest, Christian Parenti, speaking about climate justice and its roots in the historical development of capitalism.

Dec 13, 2017

 

In this episode, we sat down with Christian Parenti to discuss climate change and our current political landscape. Parenti is a sociologist trained at the London School of Economics and is currently an economics professor at John Jay College (CUNY). He’s written extensively on the connection between climate change and geopolitical conflict around the globe and has reported from war zones in Afghanistan, Iraq, as well as parts of Africa, Latin America, and Asia. His writing has appeared in FortuneThe Washington PostThe New York TimesMiddle East ReportLondon Review of Books, Mother Jones, and The Nation (where he is Contributing Editor).


In 2011 he authored the book, Tropic of Chaos: Climate Change and The New Geography of Violence , which explored how climate change is already causing violence as it interacts with the legacies of economic neoliberalism and cold-war militarism. His latest piece of work is featured in Anthropocene or Capitalocene?: Nature, History, and the Crisis of Capitalismalongside a collection of provocative essays on nature and power, humanity, and capitalism framed within a politics of hope that signal the possibilities for transcending capitalism.

 

In our interview, we were able to ask Christian what it was like to straddle the realm between academia and journalism; prospects of climate catastrophe; climate change and climate justice; and the role of both politics and the state in any real solutions for a way forward.

 

Nov 6, 2017

David Harvey is arguably the most influential living geographer, as well as one of the world’s leading Marxist scholars. He is among the most cited intellectuals of all time across the humanities and social sciences.

 

Harvey currently works as distinguished professor of anthropology and geography at CUNY, where he has been teaching Marx’s “Capital: Critique of Political Economy” for more than four decades. His course on Marx’s Capital has been downloaded by over two million people internationally since appearing online in 2008.

 

His latest book, Marx, Capital and the Madness of Economic Reason  makes the core of Karl Marx’s thinking in the three volumes of Capital clear and accessible for the lay reader, without compromising their depth and complexity.

 

As Harvey argues in our interview, most people who read Capital often stop after the 1,152 pages of Volume I, which is very problematic if you want to understand the workings of capital as a totality. We ask Harvey why understanding all three volumes of Capital is so crucial, and why technological, economic and industrial change over the last 150 years makes Marx’s analysis more relevant now than ever.

 

In the last half of the discussion, we probe into whether it’s necessary for social movements today to develop a stronger institutional basis for understanding how capital and capitalism works, and ask Harvey what the Left most focus on to effectively organize for a better economy and society.

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We want to stay alive, but we also want to produce much more content, including a video version of our guest interviews, as well as on-the-ground reports from today's most important political, economic, and social movements. Any amount of donation would go a long way toward making that happen. 

https://www.patreon.com/leftout

Nov 5, 2017

We are back! And for our first episode we sat down with David Harvey and talked to him about his new book, Marx, Capital, and the Madness of Economic Reason. Here is a teaser from that interview.

Sep 1, 2016
 According to a report issued by Giving USA, an organization which tracks charitable giving, 2015 was a record breaking year with over $358 billion dollars being donated. In this episode of left out we explore the relationship between increased inequality and the rise of philanthropic giving. Close attention is paid to how philanthropic missions often ignore structural root causes and instead focus primarily on 'symptoms'.
 
In episode we  interview Professor Linsey McGoey Professor at the University of Sussex who recently published a book, "No Such Thing as A Free Gift: The Gates Foundation and the Price of Philanthropy" on new trends in philanthropy, namely the giving of philanthropic dollars to corporate entities.
 
We also speak with David Callahan, Editor of Inside Philanthropy to discuss philanthropy's relationship to political and economic inequality with an emphasis on recent education efforts.
 
Finally, we interview Frank Emspak, Executive Director of Diversified Media Enterprises, a Madison based media organization that produces news stories highlighting labor struggles. He reflects back on the growing presence of philanthropy in independent media outfits like his own over the past 30 years and what it means for organizing in the future.
Jul 20, 2016

In this episode we’re going to Cleveland, Ohio to explore the Evergreen Cooperative Initiative.  Launched in 2008 as part of the broader University Circle Initiative, the three cooperatives that make up the Evergreen network are tied together by a non-profit organization called the Evergreen Cooperative Corporation.  The utilization of surrounding institutions historically rooted in the community known as ‘anchor institutions’ play a central role in acting as both initial benefactors and customers of the coops as well.  This novel structure has inspired other cities around the country to adopt what has come to be termed the “Cleveland Model.”

The initiative has offered an alternative to how community and economic development is approached by integrating cooperatives with a 501c3 that promises not only steady employment, but provides an opportunity to begin building wealth through worker-owners’ equity within the enterprise itself.  At the same time, Evergreen has legitimized cooperatives as a vital form of development and introduced a more democratic arrangement that accounts for the interests of workers themselves.   

Evergreen has not come without its own set of unique problems.  Although any business start-up faces challenges getting off the ground, Evergreen’s particular structure presented difficulties that have forced many involved with the initiative to look inward and come up with dynamic responses.

We got in touch with John McMicken, CEO of the Evergreen Cooperative Corporation, the non-profit that links together all three coops.  We were also able to speak with Nicholas Zingale, associate professor at Cleveland State University and Gar Alperovitz, co-chair of the Next Systems Project and co-founder of the Democracy Collaborative, an organization that provided initial support for the Evergreen project.

  • Evergreen’s website contains information about its formation, the three cooperatives, and their overall mission for the city of Cleveland.
  • Professor Nicholas Zingale’s paper “Loose Change and Governance” explains the context of the Evergreen initiative and how deindustrialized spaces provide fertile ground for a project such as Evergreen.
  • Gar Alperovitz has written extensively about what a post-capitalist future may look like and all his work as well as the organizations he is involved with can be found at his website here.  
Jun 16, 2016

This episode takes a critical look at the The Trans Pacific Partnership (TPP), a trade deal involving 12 countries, encompassing nearly 40% of the global economy. Though lauded by the U.S. government as a deal  “ that will help increase Made-in-America exports, grow the American economy, support well-paying American jobs, and strengthen the American middle class”, a closer look demonstrates otherwise.

Exploring the thousands of pages of text with economists, policy experts, and union leaders, we delve into investor state dispute settlements, the relationship between the TPP and regressive distribution of wealth, monopoly creation through patent protection and what this all means for the working class.

Guests for this episode include Robert E. Scott of the Economic Policy Institute, Melinda St. Louis of Public Citizen’s Global Trade Watch, Wayne Ranick of the United Steelworkers Union and David Rosnick of the Center for Economic Policy and Research. You can link some of their work below.

  • The Economic Policy Institute's Robert E. Scott maintains a blog full of technical information on the TPP and other trade deals. For a review of trade relations with China since 2001 read Robert E. Scott’s The China Toll . He also has a more recent position paper written to the United States International Trade Commision dealing with the TPP in particular

  • Public Citizen has a great webpage of resources particular to the TPP theirinitial analysis of the TPP is eye opening

  • The United Steelworkers covered the effects of the TPP on working families in a recent blog post

  • David Rosnick of the Center for Economic and Policy Research published a report demonstrating how the median wage earner would lose income while top wage earners would gain from the TPP
Jun 16, 2016

May 1st is recognized as the international day of labor. Over 50 countries recognize the day as an official holiday while dozens of others mark the day with large marches and protests. Yet, the nation in which it all began, the United States, does not recognize May 1st as a day for workers, instead the day is curiously observed as "Law Day". In this episode we interviewed Jonah Walters, a writer for Jacobin Magazine who recently published a piece on May Day, to explore the origins of May Day as well as the the peculiar  history and specific struggles that made this day the day of international labor. 

Further resources on the history of May Day
  1. Industrial Workers of the World, "The Brief Origins of May Day"
  2.  Articles from our guest on the show, Jonah Walters, "Labor Day is May 1"  and "Today is Our Day"
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