This Week on CounterPunch Radio
Michael Hudson

cpradio-podcast

  • HOST: Eric Draitser
  • GUEST: Economist Michael Hudson
  • TOPICS: Evolution of finance capital, neoliberal terrorism, and how debt is used as a weapon.

Cards on the Table: the SEC’s New CEO Pay Disclosure Rule

Exploding pay packages for Fortune 500 and Wall Street CEOs were briefly back in the headlines this summer, as the US Securities and Exchange Commission has finally approved a rule requiring Wall Street and other companies to calculate the ratio of the CEO’s pay to a median worker’s. The new rule, part of the Dodd-Frank More

License to Kill

Let’s face it: the United States feels entitled to a license to kill. On 23 September, Samantha Power, US Ambassador to the United Nations, insisted that the Russian veto power in the Security Council was endangering its legitimacy. Russia had vetoed four Security Council resolutions on Syria. Understandably, the US rabid dogs of war are straining at the chain to which international law constrains them. How dare Russia oppose US plans for regime change in Syria and impede a further blood bath to achieve it?

An indefatigable humanitarian warmonger, Power resents Russia’s opposition to a resolution to bomb the hell out of “atrocities” in Syria, without specifying that the main “atrocity” in her government’s eyes is President Assad. More

Jeremy Corbyn: a Man Who Didn’t Try to Fashion a Career

This past summer, I was hoping to meet with Jeremy Corbyn at a conference on anti-crisis policy in Ufa, Russia. He asked for a few days to think over the invitation to attend, promising to do so unless something unplanned and significant happened. It did. He was nominated for the leader of the British Labour Party.

"The phenomenon of Corbyn" arose suddenly, not only for himself and for all who knew him, but also for many journalists and analysts, including those in Great Britain. Indeed, the modest backbencher MP has never attracted too much attention. Rather, he was known as one of the few people in British politics who was not interested in money and a career, and therefore has always remained in the background since the early 1980s when he was first elected to parliament. Of all the deputies in Westminster, he was the most beneficial for British taxpayers because he spent public money sparingly and did not abuse his privileges. But he repeatedly won renewal of his electoral mandate simply because people in the district he represented firmly knew that Mr. Corbyn would meet their expectations and solve minor problems with the use of his status and influence. More

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The Populist Violence of Donald Trump:
Joseph Lowndes digs deep into Trump’s nativist rhetoric to disclose a vicious, racially-driven political agenda; Wall Street’s Terrorists Strike Again! Mike Whitney on who made a killing in the latest crash; CNN’s Summer of Lies: Jason Hirthler charts the rightward drift of CNN; Get Up Stand Up: Andrew Smolski documents the legal right to rebel; A New Nepal? Barbara Nimri Aziz reports from Nepal on the prospects for political change in the wake of the earthquakes; Adventures in Xenophobia: David Macaray explores the bitter legacy of the Chinese Exclusion Acts. Plus: Jeffrey St. Clair on Trump L’Oeil Politics; Kristin Kolb on the Ghosts of Wounded Knee; Chris Floyd on Trump as the new Reagan and Lee Ballinger on the horrors of the clothing industry.

Income Stagnation: Real Wages Remain Flat

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Source: Economic Policy Institute

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