The Japanification of Finance Capital

We speak about a recent article published in the Financial Times entitled "Bank of Japan wrestles with never-ending stimulus". Our discussion looks at the role of Central Banks in propping up decaying monopoly capitalism, why the Japanese working class has not fought back, the effects that hyper-financialization on Japanese society, and explain in detail how states, monopoly capitalism, and finance capital have completely melded to maintain the exploitation of the working-class. Some articles mentioned in the show: Bank of Japan wrestles with never-ending stimulus: https://www.ft.com/content/60c50f7e-b5df-4df3-9481-6159ca405865 Free access to article copied in a comment on Reddit: https://www.reddit.com/r/finance/comments/m650g6/bank_of_japan_wrestles_with_neverending_stimulus/gr48rbi/?utm_source=share&utm_medium=web2x&context=3 The Class War in Japan: https://www.marxists.org/history/international/comintern/sections/britain/periodicals/communist_review/1922/08/class_war_japan.htm What’s the Fed doing in response to the COVID-19 crisis? What more could it do?: https://www.brookings.edu/research/fed-response-to-covid19/