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Clare Daly is an Irish politician who has been a Member of the European Parliament (MEP) from Ireland for the Dublin constituency since July 2019. She is a member of Independents 4 Change, part of The Left in the European Parliament Since becoming a Member of the European Parliament, Clare has gained international attention for her radical advocacy for peace and justice. At India and Global Left, we discuss with Clare her recent speech on the European Parliament regarding state sponsor of terrorism that went viral. We talk to Clare on Irish politics, European sentiment on the war in Ukraine, role of NATO and the Global South, prospect of nuclear escalation and rise of anti -immigration sentiment in Europe. **Military exercise was organized in Brussels not Brazil, slip of tongue** 🔴🔴🔴

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Prof. Hudson speaks on the nature of US financial dominance, the role of World Bank in developing countries, USA's ability to run a huge balance of payment deficit, changes in Russia after the fall of the Soviet Union, the problems of US economy with post-industrialization, and the role of neoclassical economics in all this. He is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the author of Super-Imperialism: The Economic Strategy of American Empire (Editions 1968, 2003, 2021), ‘and forgive them their debts’ (2018), J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971), amongst many others. 00:00 Highlight 00:55 Introduction 05:34 World Bank 18:51 US & Europe 21:09 US BOP deficit 32:45 Russia after USSR 50:20 US junk economy

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Clara E. Mattei is an Assistant Professor in the Economics Department of The New School for Social Research, and was a 2018-2019 member of the School of Social Sciences at the Institute for Advanced Studies. Her research contributes to the history of capitalism, exploring the critical relation between economic ideas and technocratic policy making. Her forthcoming book "The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism" examines the history of austerity. She presents a paradigm shift in the austerity debate by problematizing the goal of austerity as economist preaches for troubled nations as only way forward. Mattei traces modern austerity to its origins in interwar Britain and Italy, revealing how the threat of working-class power in the years after World War I animated a set of top-down economic policies that elevated owners, smothered workers, and imposed a rigid economic hierarchy across their societies. 00:00 Highlight 01:08 Introduction 03:12 Why austerity? 17:29 Why the WW1? 32:27 Austerity and fascism 58:05 Italy- liberalism or fascism?

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#austerity #capital #inflation