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Jacobin Radio

Jacobin Radio w/ Suzi Weissman: Neoliberalism on Steroids

Jacobin Radio

Jacobin

Socialism, History, News, Left, Jacobin, Alternative, Socialist, Politics

4.71.5K Ratings

🗓️ 4 December 2017

⏱️ 39 minutes

🧾️ Download transcript

Summary

Author and economist Dr. Jack Rasmus dissects the Trump/Ryan/McConnell Tax (Cut) Plan, that he says will only increase financial instability and economic fragility. It is neoliberalism on steroids. Then, Professor Victor Pickard discusses FCC Chair Ajit Pai's intention to repeal net neutrality protections that will threaten public access to information by limiting content and speed. He's hopeful that massive resistance can push back against this radical corporate agenda.

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Transcript

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0:00.0

I'm Susie Wiseman and this is Jacobin Radio.

0:08.0

I'm Susie Wiseman and this is Jacobin Radio.

0:11.6

Jack Rasmussen, author of Central Bankers at the end of their ropes, joins us to dissect the

0:16.4

Trump-Reyn-McConnell Tax Cut Plan, which he sees as a policy shift to rely more on deregulation and tax cuts to subsidize banks that

0:25.4

Jack says will only increase financial instability and economic fragility.

0:30.8

The tax cut will add at least 1.4 trillion to the national debt setting the stage for deeper cuts to public goods.

0:38.0

Medicaid, Medicare, and ultimately Social Security will suffer while the super wealthy and their businesses

0:45.1

will reap the benefits that won't trickle down.

0:48.0

This is neoliberalism on steroids and we'll get the low down from Jack Rasmus. We then turn to net neutrality protections,

0:55.0

which are threatened by FCC Chairman Agit Pye

0:58.0

who plans to repeal net neutrality,

1:00.7

allowing for an even more radical privatization of the internet.

1:04.4

Victor Picard, author of America's Battle for Media Democracy,

1:08.2

joins us to discuss what is planned and what is at stake.

1:11.8

The protections now in place are safeguards that prevent

1:14.6

private providers like Comcast and Verizon from slowing down or blocking certain types of

1:19.8

content or privileging paid prioritization for faster streaming and download times.

1:25.0

Picard says this isn't just deregulation.

1:28.0

It's a threat to the core social contract and our access to information.

1:33.0

Massive resistance could push back against this blatant attempt to censor information

1:37.8

by limiting speed and access, and Picard is hopeful that widespread opposition to these moves can prevent the worst. and

1:43.3

Hopecard is hopeful that widespread opposition to these moves can prevent the worst. All this coming up on

...

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