Jacobin Show: Can We Red the Fed? w/ Samir Sonti

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Jacobin

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4.7 • 1.5K Ratings

🗓️ 22 September 2022

⏱️ 84 minutes

🔗️ Recording | iTunes | RSS

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Summary

Samir Sonti joins us to talk about why the Federal Reserve has so much power over the economy and why its typical response to inflation is bad for workers. But does it need to be? We're also joined by Matt Bruenig to explain the real state of childhood poverty and what we should do to erase it. Our own Paul Prescod breaks down the state of the rail worker contract negations and whether a strike is still on the horizon. Finally, Jen Pan and Cale Brooks decipher some new polling numbers that say popular opinions of both capitalism and socialism have declined.

0:00 opening segment

13:45 Paul interview

40:00 Matt interview

49:30 Samir interview

Get the new Jacobin issue, "Inflation," by subscribing here for $20: https://bit.ly/JACOBINRADIO

The Jacobin Show is a weekly YouTube show offering socialist perspectives on class and capitalism in the twenty-first century, the failures of liberalism, and the prospects of rebuilding a left labor movement in the US. Music by Zonkey. This is the podcast version of the episode from September 21, 2022. Join us in New York for the "Inflation" issue release party on October 5th, featuring a live interview with Adam Tooze.

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Transcript

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0:00.0	Sky high, everything you buy!
0:04.4	The new Jacobin issue, all about inflation, is out now.
0:08.7	Contributors such as Samir Assanti, our own Doug Heddenwood, and many others, explore
0:13.4	the issue of inflation.
0:15.2	How its management reflects political choices and class interests.
0:19.5	The related history of privatization, and the commodification of public goods, and
0:23.9	how to fight inflation in a way that puts the needs of people before capital.
0:28.7	You can get a year-long print subscription, including the new issue, for just $20, by
0:33.0	going to bit.ly slash Jacobin radio.
0:36.8	That's bit.ly slash Jacobin radio.
0:40.9	Thanks.
0:58.7	Hey everyone, welcome back to the Jacobin show.
1:17.8	I'm Jen Pan, here as always with Kale Brooks.
1:22.3	Kale, what is new with you, and what do we have on today's show?
1:28.5	Everything is new, I'm just same old, everything's fine.
1:32.3	No, things are good.
1:34.0	Things are especially good, because on today's show, oh my god, we got Maddie B, Poly P,
1:42.5	and MC Sonti coming at you fucking hard in life, it's actually not live, but we're coming
1:47.6	at you hard.
1:48.6	This is a fucking stacked episode, I don't know if I should say the effort, like, omitted
1:54.5	in, but we got...
1:55.5	It's a good episode.
	...

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