September 9 - The Eurocrisis Postponed But Not Over; Corporate Capitalism's Long March; The Democrats Shy Away From Populism

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Part 1

We begin with the intervention by the European Central Bank to buy Spanish and Italian bonds which gives the long and painful Eurocrisis a temporarily reprieve and is surely welcome news in the White House. Thomas Ferguson, a member of the advisory board for George Soros’s Institute for New Economic Thinking joins us to discuss this temporary fix that has left Germany’s Bundesbank and Bundestag fuming. tom ferguson

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Part 2

Then we speak with political economist and activist Gar Alperovitz about the recently concluded Republican and Democratic conventions and the homestretch the campaigns are now entering with the Romney campaign running the old Bill Clinton/James Carville 1992 campaign, “It’s the Economy Stupid”. We discuss this strategy and a possible counter-strategy as the latest dismal reports on jobs numbers appear to help Romney. gar

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Part 3

Then finally historian Jefferson Cowie joins us to critique the Democratic convention and its failure to draw a sufficiently clear distinction between the party of the oligarch’s represented by an exemplar of the 1%, Mitt Romney, and the party of the middle class and working Americans whose main legacy is a social safety net that is under attack. We discuss the reasoning behind appealing to a shrinking center while not arousing the downsized and outsourced 99%. jefferson cowie
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