Politics Theory Other

On this week’s episode of Macrodose James Meadway breaks down the economics behind the strikes that are spreading across the U.K, from the railways, to teachers to nurses and oilworkers (0.49s). We take a historical view on this new wave of industrial action (7:10), and then reflect on the U.K’s worsening energy crisis, examining how record levels of debts could push households over the edge this winter (10:55).

On the first episode of Macrodose James Meadway breaks down the the OECD warning that the UK’s growth prospects are the worst of all the G7 countries (1:06); the austerity 2.0 measures of Rishi Sunak’s government (6:05); and the new IMF report on inflation, which debunks the idea that advanced economies, like the UK, are experience rising prices due to an increase in worker pay (13:05).

Richard responds to the questions that were sent in by listeners on the seeming demise of Twitter, the Democrats' surprisingly strong showing in the US mid-terms, and Cop27 and where the global climate movement goes from here.

Richard responds to the questions that were sent in by listeners on the seeming demise of Twitter, the Democrats' surprisingly strong showing in the US mid-terms, and Cop27 and where the global climate movement goes from here.

Nancy Fraser joins PTO to talk about her new book, 'Cannibal Capitalism: How Our System Is Devouring Democracy, Care, and the Planet—and What We Can Do About It'. In the book, Nancy argues that we need to move away from seeing capitalism solely in economic terms, and instead reckon with how capital is always reliant on cannibalising the non-economic, from the natural environment to providers of care and social reproduction, and from the political sphere to racialised populations subject to brutal expropriation outside of the wage system.

Richard Seymour on why Lula's margin of victory was so narrow in Brazil's presidential election and how it is that Jair Bolsonaro maintained such substantial support, despite Brazil's poor economic performance and his disastrous handling of the covid-19 pandemic. We also talked about what to expect from Lula's third term in office, both domestically and regarding Brazil's foreign policy.

Narges Bajoghli returns to PTO to talk about the ongoing protests in Iran, which erupted in mid-September following the killing of the twenty-two year old Mahsa Amini, by officers of the so-called guidance patrol. We talked about why Amini's death has sparked such wide scale opposition to the Iranian regime, and the class composition and geographical spread of the protests. We also talked about how the regime is seeking to portray the protest movement as being instigated by foreign powers, and finally we talked about how the left should respond to those who seek to weaponise the cause of women's rights in Iran to justify Islamophobic politics or to advance geopolitical objectives.

Richard Seymour discusses the resignation of Liz Truss and the ongoing civil war within the Conservative party. We also talked about why Richard characterises the conservatives as a "middle class protest party", and finally we discussed whether or not Labour's impressive poll leads are vindication of the strategy of labour leader Keir Starmer.

In part two of our three-part interview on Jeremy's new book - co-written with Alex Williams - Hegemony Now: How Big Tech and Wall Street Won the World (And How We Win it Back) we discuss what Jeremy and Alex call 'actually existing neoliberalism' - the distinct form of the ideology fostered by the hegemony of finance and Big Tech through the 1980s, 90s and 2000s. We also discussed how neoliberal ideology was propagated, as much through material practices as through the mass media, and we touched on the transformative effects of neoliberal ideology on music culture.

Last month historian David Broder joined the show to talk about Giorgia Meloni and the Brothers of Italy's election victory. Today David has kindly returned to answer some of the excellent questions sent in by listeners. Before putting those questions to David, I began by asking him to comment on developments in Italy since the election and I asked him for his thoughts on how the expected coalition of Meloni's Fratelli D'Italia, the Lega led by Matteo Salvini, and Silvio Berlusconi's Forza Italia seems to be shaping up.