What the SVB Failure Teaches us About Investment Banking
The Silicon Valley Bank collapse brings with it memories of the wider 2008 economic crisis. Jeet Heer and John Nichols from The Nation join us to discuss the 2018 bank deregulations that set the stage for this moment and the risky investment strategy at the bank itself. They argue that bailout and FDIC’s role in the collapse could set the stage for a dangerous economic future. Like this program? Please show us the love. Click...
Upstream: Worker Cooperatives
On today’s show we learn about worker cooperatives: what are they and can they offer an alternative to the dominant capitalist mindset? Our partner podcast Upstream brings us to a bike and skate shop in Richmond, CA that’s providing a much-needed service to its community, while also empowering its own workers. A version of this story was originally aired in 2018. Image Credit: Artwork by Phil Wrigglesworth Like this...
Viva Brother Nagi from Kerning Cultures
Nagi Daifallah was a young farm worker from Yemen who moved to California in the early 1970s when he was just 20 years old. He went on to become one of the organizers of the infamous 1973 grape strike in California, led by Cesar Chavez. But one night in 1973, after a day of striking he was beaten to death by a local county sheriff outside a restaurant in Lamont, California. Although the sheriff who killed him never faced justice,...
70 Million: An Effort to Hold Prosecutors Accountable
Making Contact · 70 Million: An Effort to Hold Prosecutors Accountable Prosecutors hold immense power in the criminal justice system. They decide who to charge with what crime, when to offer deals, what sentences to recommend, and much more. Aside from legal statutes, ethical and constitutional rules govern what prosecutors can and cannot do. But a system that incentivizes bringing criminal cases to trial—and winning them—can...
Re:Work Radio: Stranded
Making Contact · Re:Work Radio: Stranded In 2020, India suddenly went into a national lockdown without advance planning or adequate government support. This led to a humanitarian crisis in addition to the COVID-19 public health emergency. Millions of jobs disappeared, and hunger was a serious issue. Tens of millions of migrant workers struggled to get home – often on foot – and many died attempting the journey. In this episode,...
Witch Hunts and Enclosures: Bodies, Land and Women
Witch Hunts and Enclosures: Bodies, Land and Women How are witch hunts and Capitalist economies linked? Silvia Federici, wrote the groundbreaking book, Caliban and the Witch. In that book she argues that the witch hunts of the fifteenth century were a necessary pre-condition for Capitalism to flourish. Just as the enclosures of the middle ages created a population of landless peasants, women were experiencing a...
