Manufacturing Dissent Since 1996
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1029pavlosroufos

Everyone is pretending the debt is still sustainable, and it gives them an opportunity to us it as a mechanism, as a leverage in order to impose and continue with austerity. But it would be hard to find anyone who seriously looks at Greece and the data, who can claim this debt of 180% of GDP is sustainable. In 2010 it was 120% and that generated the whole mechanism. It is close to insane to argue that at 180% it becomes sustainable.

Writer Pavlos Roufos reviews eight years of managed disaster for Greece under Europe's austerity regime - from the roots of the crisis in both internal politics and international finance, to the perverse structure of EU-imposed austerity that plunged the country deeper in debt and slashed public services and welfare in service of an impossible outcome.

Pavlos is author of the book A Happy Future is a Thing of the Past: The Greek Crisis and Other Disasters from Reaktion Books [UK] / University of Chicago Press [US]

 


Posted by Alexander Jerri

Here is what Chuck is reading to prepare for Saturday's show:

Morten Jerven - Africa: Why Economists Get it Wrong [Zed Books]

Brian Mier - Against Austerity: World Habitat Day [Brasil Wire]

John Cassidy - Five Things Jeremy Corbyn Has Right [New Yorker]

Greg Grandin - Kissinger's Shadow [Macmillan]

Rick Perlstein - There Goes the Neighborhood [The Baffler]

Episode 869

Limited Viability

Oct 3 2015
Posted by Alexander Jerri

On this day in rancid, ugly, horrible, putrid, rotten history . . .

On this day in 1935 – [80 years ago today] Ethiopia was invaded by the armed forces of Benito Mussolini’s Italian Fascist regime, which numbered more than a million and included fighters from Libya, Eritrea, and other client states. The invaders were equipped with the latest in modern aircraft, tanks, artillery, and poison gas. Ethiopia’s Emperor Haile Selassie, meanwhile, having foreseen the approach of war, had only managed to raise a defense force of some half-million soldiers, most of whom received little or no training. Some of the Ethiopians had vehicles and weapons that, though outmoded, were still functional -- but others had only bows, spears, and swords. They were quickly overrun, and within a few months Mussolini was acclaimed by enthusiastic crowds in Rome, having declared a new Italian empire in East Africa. The occupation lasted several years, but began losing its grip in the late 1930s as Mussolini joined forces with Nazi Germany and diverted his attention and esources toward wider wars elsewhere. Later, after regaining its independence in 1947, Ethiopia would cite a death toll of more than seven hundred thousand people.     


On this day in 1963 – [52 years ago today] Military forces in Honduras staged a violent coup d’etat just ten days before scheduled national elections. The ousted president, Ramon Villeda Morales, had pushed for democratic reforms, new labor laws, and improvements in public health, education, and infrastructure. But his agrarian measures, which included expropriation of foreign-owned agricultural land, had been criticized by business interests in the United States. Powerful right-wing elements in Honduras had not only accused him of communist sympathies, but also opposed the like-minded candidate who was widely expected to be elected to succeed him. After Villeda Morales was overthrown and exiled to Costa Rica, US president John Kennedy condemned the coup and recalled the US ambassador. But fourteen months later, Kennedy’s successor, Lyndon Johnson, established new ties with the Honduran military government, which would remain in power until 1982.

Posted by Alexander Jerri

Listen live tomorrow 9AM - 10AM Central on WNUR 89.3FM or stream here at thisishell.com

9:10AM - Economist John Kay proposes a new framework for a post-crisis financial system.

John is author of the new book Other People's Money: The Real Business of Finance from Public Affairs.

Sep 26 2015
Posted by Alexander Jerri

Here's what Chuck is reading this week to prepare for Saturday's show:

John Kay - Other People's Money: The Real Business of Finance [Public Affairs Books]

John Cassidy - Five Things Jeremy Corbyn Has Right [New Yorker]

Morten Jerven - Africa: Why Economists Get it Wrong [Zed Books]

Alice Dreger - Galileo's Middle Finger: Heretics, Activists, and the Search for Justice in Science [Penguin]

Episode 867

Revolution Brewing

Sep 19 2015
Posted by Alexander Jerri

Listen live tomorrow 9AM - 10:30AM Central on WNUR 89.3FM or stream here at thisishell.com

9:10 - Historian Ray Raphael explores the politics behind America's revolutionary moment.

Ray is co-author (along with Marie Raphael) of the book The Spirit of 74: How the American Revolution Began from the New Press.

9:50 -  Filmmaker Leslee Udwin follows a rape, a backlash, and a political movement in India.

Leslee is the director of the documentary India's Daughter. She'll be screening and talking about the film on Wednesday night at the Siskel Film Center. Listen live to win tickets!

Episode 866

Childhood's Endstage

Sep 12 2015
Posted by Alexander Jerri

Listen live tomorrow 9AM - 1PM Central on WNUR 89.3FM or stream here at thisishell.com

 

9:15 - Economist Michael Hudson explains how finance became capitalism's driving force.

Michael is author of the new book Killing the Host: How Financial Parasites and Debt Destroy the Global Economy

 

10:05 - Jacobin editor Megan Erickson explores childhood in an age of austerity and division.

Megan's new book is Class War: The Privatization of Childhood from Verso Books.

 

11:05 - Sociologist Javier Auyero profiles daily life in Argentina's most dangerous neighborhood.

Javier is co-author (along with María Fernanda Berti) of In Harm's Way: The Dynamics of Urban Violence from Princeton University Press.

 

12:05 - Writer Michelle Chen looks to the present and future of digital labor organizing.

Michelle wrote the article The Unionization of Digital Media for The Nation.

 

12:45 - Jeff Dorchen bashes (from the left) a left-basher bashing from the left.

We're worried that many left turns puts Jeff on the right.