In Capitalism, Alone: The Future of the System That Rules the World, BRANKO MILANOVIC says we’re all capitalists now. Liberal capitalism delivers rampant inequality and capitalist excess as it fights for hearts and minds with political capitalism, as practiced by China. Milanovic asks – What are the prospects for a fairer world now that capitalism is the only game in town? And what can we do to make that more likely?
I talk with EMMANUEL SAEZ, UC Berkeley economist, about his newest book, THE TRIUMPH OF INJUSTICE: How the Rich Dodge Taxes and How to Make Them Pay – co-authored with Gabriel Zucman. The pair grabbed headlines when their book reported that in 2018, for the first time in history, America’s richest billionaires paid a lower effective tax rate than the working class. Their solutions include a wealth tax, and they’ve advised Elizabeth Warren and Bernie Sanders on their proposals. You can learn more at taxjusticenow.org
CHUCK COLLINS is a senior scholar at the Institute for Policy Studies and author most recently of Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good. We talk about inequality in America and the GOP’s proposed 2017 tax bill that will only make things much worse.
Prior to the Institute for New Economic Thinking, Rob Johnson served as Chief Economist of the US Senate Banking Committee and a DIrector at Soros Fund Management. He also worked in the music and film industries (Exec Producer, Oscar winning doc, Taxi to the Dark Side). “The concentration of wealth and power that created a twin crisis of representation – in politics and in expertise – set the stage for Donald Trump’s election victory, and has put America’s founding principles at risk.”
Free Forum – Two warnings from over a decade ago 1) ARUNDHATI ROY, author, essayist, activist. (September 2004) 2) DAVIDSON LOEHR, AMERICA, FASCISM, and GOD (December 2005)Written on March 12th, 2017
First, the incomparable ARUNDHATI ROY, award-winning novelist, activist and essayist who speaks truth to power. “It was wonderful that on February 15th , in a spectacular display of public morality, 10 million people in five continents marched against the war on Iraq. It was wonderful, but it was not enough.”
Then my interview with DAVIDSON LOEHR, minister, Texan, and author of AMERICA, FASCISM AND GOD. “When fascism comes to America, it will gain power by poisoning the channels of communication…and creating an Orwellian kind of 1984.”