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Friday Nite Videos | October 21, 2022

Portside
Transgender Rights | John Oliver. Hasan Minhaj | Audacity of Equality. Corporate Profits Account for Over Half of Higher Prices. Jordan Klepper Meets Michigan Midterm Voters. Aftershock | Documentary.

Vectors of Inflation

Radhika Desai New Left Review
The real culprit here is the diminution of US productive capacity and supply chain disruption caused by four decades of neoliberal policies – disinvestment, deregulation, outsourcing - which have prevented supply-side measures to bring prices down.

The Fed Should Pause Interest Rate Rises as US Inflation Slows

Joseph Stiglitz and Dean Baker The Guardian
It would be irresponsible to create much higher unemployment – and the US economy could be pushed into recession. There is a strong argument for the Fed to take a break from its aggressive monetary-policy tightening.

Energy, Cost of Living and Recession

Michael Roberts Michael Robert's Blog
To avoid the energy catastrophe and reverse the huge loss in living standards already under way, we need to take over the fossil fuel companies and phase out their production with increased investment in renewables, to reduce fuel prices for households and small businesses.
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