"Colonized people have the right to resist."

Economist and friend of the podcast Fadhel Kaboub talks with Steve about the effects of global hegemony and the ongoing attempts to shift the balance of power. They look at BRICS, though it’s perhaps too soon to predict its ultimate outcome and influence.

Fadhel argues that a true multipolar world cannot emerge without placing the Global South at the center of economic decision-making, challenging the existing economic domination by the US and other nations. The history of colonial exploitation continues to affect the resource-rich region.

Fadhel also addresses the ways in which Israel is carrying out the US agenda in Gaza. He points out that the world’s reaction is being influenced by the ready availability of direct information via social media.

"The world didn't start on October 7th. There was a world before that. And there is a colonial project that was being built in Gaza and Palestine.

"Every colonial case we've seen in Africa and the rest of the Global South created resistance movements and resistance. Some people resist in the streets, some people resist with little pebbles and stones, some people resist with weapons. Some people resist with their voice, some people resist with their pen. But it's resistance. And it's a legitimate right to resist.

"It's beginning to click for a lot of people that colonized people have the right to resist."

Fadhel Kaboub is an associate professor of economics at Denison University (presently on leave) and the president of the Global Institute for Sustainable Prosperity. He's the author of Global South Perspectives on Substack.

Find his work at kaboub.com and globalsouthperspectives.substack.com

@FadhelKaboub on Twitter

Jason Hickel, who won our hearts a while back by accepting MMT, talks with Steve about the burning issue of our time. (No, not the US election, though they touch on the electoral system.) As much as Gaza is dominating social media, we must continue to stress its place in the capital order. Jason points us to Israel’s true role: sowing chaos and instability in the region.

The conversation covers the historical and ongoing imperialistic strategies of the U.S. and its reactions to the mid-century liberation movements of the Global South, placing US support for Israel's actions as part of a broader capitalist agenda to maintain control over the world's resources and labor markets. Jason looks at China’s domestic successes and how they have led to the US virtually declaring war. He also touches on recent news about BRICS.

Jason compares the history of the state of Israel to that of apartheid S. Africa. They used many of the same tactics and rationalizations. When it comes to the future for Israelis and Palestinians, S. Africa again provides a model:

Dr. Jason Hickel is an economic anthropologist, author, and a Fellow of the Royal Society of Arts. He is Professor at the Institute for Environmental Science and Technology at the Autonomous University of Barcelona, Visiting Senior Fellow at the International Inequalities Institute at the London School of Economics, and Chair Professor of Global Justice and the Environment at the University of Oslo. Health.

Jason's research focuses on global political economy, inequality, and ecological economics, which are the subjects of his two most recent books: The Divide: A Brief Guide to Global Inequality and its Solutions (Penguin, 2017), and Less is More: How Degrowth Will Save the World (Penguin, 2020), which was listed by the Financial Times and New Scientist as a book of the year.

@jasonhickel on Twitter

Author and labor studies professor Eric Blanc talks about worker-led union organizing and why it is superior to the dominant model of staff-intensive unionism.

Eric lays out some features of worker-to-worker organizing:

Workers are training other workers in the skills they need for a successful union drive.

Workers are self-organizing before they affiliate with a union. As a result, the relationship between worker and union is more of a partnership; not a relationship of deference.

Workers have decision-making power for the drive. They decide on strategy, tactics, even, perhaps, a political stance.

Political activists will take away a lot from this conversation.

Eric Blanc is director of the Worker-to-Worker Collaborative and co-founder of the Emergency Workplace Organizing Committee. He is professor of labor studies at Rutgers University. He is also author of the substack Labor Politics, and author of the forthcoming monograph, "We Are the Union: How Worker-to-Worker Organizing is Revitalizing Labor and Winning Big" (UC Press, 2025)

**Milestone 300! We dedicate this, the 300th weekly episode, to our loyal listeners, and we wish to recognize the valiant work of our underpaid podcast crew – correction: our unpaid podcast crew – who have put in thousands of hours editing audio, correcting transcripts, writing show notes, creating artwork, and posting promos on social media. To have the next 300 episodes delivered to your inbox as soon as they’re released, subscribe at realprogressives.substack.com

Project Censored has been a valuable resource for Macro N Cheese. This week, sociologist Andy Lee Roth talks with Steve about information gatekeeping by big tech through their use of AI algorithms to stifle diverse voices. The discussion highlights historical and current instances of media censorship and looks at the monopolization of news distribution by corporate giants like Google, Facebook, and Twitter.

In an economic system that is fully privatized, trustworthy journalism is another casualty. News, which should be treated as a public good, is anything but.

Andy Lee Roth is associate director of Project Censored, a nonprofit that promotes independent journalism and critical media literacy education. He is the coauthor of The Media and Me (2022), the Project’s guide to critical media literacy for young people, and “Beyond Fact-Checking” (2024), a teaching guide about news frames and their power to shape our understanding of the world. Roth holds a PhD in sociology from the University of California, Los Angeles, and a BA in sociology and anthropology from Haverford College. His research and writing have been published in a variety of outlets, including Index on Censorship, In These Times, YES! Magazine, The Progressive, Truthout, Media Culture & Society, and the International Journal of Press/Politics. During 2024-2025 his current work on Algorithmic Literacy for Journalists is supported by a fellowship from the Reynolds Journalism Institute.

projectcensored.org

@ProjectCensored on Twitter

**Our Substack brings every new episode of this podcast as well timely alerts about our book clubs and webinars and reminders for Tuesday night’s gatherings of Macro ‘n Chill. All this and more, straight to your inbox. Subscribe now: realprogressives.substack.com

Recently, Steve appeared with host Sean St. Heart on Coup Save America, a weekly podcast committed to breaking through political rhetoric and focusing our attention on the core problems affecting our nation. The episode’s title was Exploring Modern Monetary Theory with Steve Grumbine, but of course it’s almost impossible to limit an MMT conversation to macroeconomics alone.

From the Coup Save America show notes:

Coup Save America is a weekly talk show hosted by Sean St. Heart that plants the mental seeds of social change by inciting a politically progressive

If NIMBY is the classist rejection of affordable housing ("Not in my back yard”), then YIMBY is sold as the progressive counter to it: “Yes, in my back yard; because I believe affordable housing should be widely available, even in my own neighborhood.” But of course, housing development has nothing to do with the needs of the poor or the working class. It has nothing to do with the public purpose.

Steve’s guest, political economist David Fields, explains:

YIMBY’s want us to believe that sheer quantity will bring prices down, because that’s how the market works. Those who object are accused of NIMBYism. In addition,

The episode explores the misleading narratives of YIMBYism and compares the market-driven approach to housing to trickle-down economics, emphasizing the constructed scarcity and profit motives behind urban planning. David points out the misuse of economic models like the Marshallian Cross, highlighting flaws in the market logic often used to justify YIMBY policies.

David and Steve talk about the broader neoliberal agenda of privatization and deregulation, and its stranglehold on government policies. Awareness and organization are needed to combat systemic class inequality in housing and beyond.

David Fields is from a critical realist and genetic structuralist ontology and epistemology. His work centers on the intricacies concerning the interactions of foreign exchanges and capital flows, with economic growth, fiscal and monetary policy and distribution, whereby critical attention is paid to the notion of endogenous money. He also delves into the political economy of regional development to study patterns with respect to the nature of housing, social stratification, and community planning.

@ProfDavidFields on Twitter

The titans of capital aren’t just the obscenely wealthy. They are the directors of transnational finance companies; they manage the money of the obscenely wealthy.

Steve’s guest, political sociologist Peter Phillips, is the author of Titans of Capital: How Concentrated Wealth Threatens Humanity. The titans, he says, have doubled their AUM (assets under management) in the past 5 years.

So, if you’re wondering why the US has military interests in Ukraine or Gaza. Look to the titans, whose firms are investing in the defense industry. They profit off of war

While the titans are massively increasing the wealth of the top .05 percent of the world’s population, over 20,000 people die each day from starvation and easily curable diseases.

While the ruling class and their media mouthpieces insist that capitalism is going to save the world and money will trickle down...

Steve and Peter discuss ways in which the titans are able to bend policy to their own purposes. They mention the role of groups like the Trilateral Commission and the Council on Foreign Relations.

The episode also compares the approaches of the US and China, illustrating China's success in alleviating extreme poverty through state-driven economic strategies and how the US tries to spin China as a threat.

Steve and Peter talk about the need for revolutionary social movements to challenge the entrenched capitalist structures and demand wealth redistribution, using the insights of MMT to spur new thinking about alternative economic possibilities.

Peter Phillips is a Professor of Political Sociology at Sonoma State University since 1994, former Director of Project Censored 1996 to 2010 and President of Media Freedom Foundation 2003 to 2017.

Steve’s guests are Charles Derber and Yale Magrass, authors of Who Owns Democracy: The Real Deep State and the Struggle Over Class and Caste in America.

The concept of the deep state has been employed by different political ideologies, most recently the right under Trump. But its existence is real, and its service to the ruling class can be traced back to the founding of the US.

Among other ideas, Charles and Yale stress the distinction between shallow democracy and the real thing. From their book’s abstract:

The episode’s conversation examines a historical and contemporary concept of caste in the US, which some of our listeners may find surprising. The discussion also covers contradictions within the capitalist class, the impact of the military-industrial complex, and the potential implications of the upcoming election.

Charles Derber, Professor of Sociology at Boston College, is a public sociologist and life-long activist who writes about structural and cultural analysis of capitalism, public goods, the environment, and social movements seeking transformational change, He is the author of twenty-eight books.

Yale Magrass is a Chancellor Professor of Sociology at University of Massachusetts-Dartmouth. He is the author/co-author of nine books, most co-authored with Charles Derber, and 80 articles. His work focuses upon how militaristic capitalism distorts everyday life as it promotes inequality, bullying, environmental devastation, and war.