Empire Power and People with Andrew Gavin Marshall

Empire, Power & People with Andrew G. Marshall- When Rates Rise

This week the Federal Reserve is set to decide whether or not to raise interest rates. If it doesn’t happen in September, the likelihood remains high that they will rise in December or early 2016. Following the previous week’s podcast on the potential effects of an interest rate increase, this episode continues with a discussion […]

Empire, Power & People with Andrew Gavin Marshall- Episode 148

Are Emerging Markets Headed for a Major Crisis? The G20 meeting of finance ministers and central banks chiefs from the major advanced and emerging market economies just took place over the weekend. As a type of ‘steering committee’ for the global economy (the G20 nations represent roughly 85% of global GDP), what does the world […]

Empire, Power & People with Andrew Gavin Marshall- Episode 147

From Balance of Payments to Balance of Power This episode attempts to take a look at the economic concepts of ‘competitiveness’ and the ‘balance of payments’ position of nations, placing them in an historical and real-world context. What do these terms mean and what are their implications? In general, this is a reference to the […]

Empire, Power & People with Andrew Gavin Marshall- Episode 146

At the IMF Meetings With market turmoil spreading out from China, a Greek bailout package agreed, and possible interest rate rises in the near future, the world of financial and economic diplomacy is likely to be on full display at the upcoming Annual Meeting of the IMF in early October, where the world’s finance ministers, […]

Empire, Power & People with Andrew Gavin Marshall- Episode 145

The Early Years of the Group of Seven The Group of Seven (G-7) emerged in the midst of the largest economic, monetary and financial upheavals since the Great Depression. They established a forum of cooperation among the large industrial powers of the United States, West Germany, Japan, Great Britain, France, Italy and Canada, designed to […]

Empire, Power & People with Andrew Gavin Marshall- Episode 144

Central Banks & Global Governance What role do central banks play in the process and evolution of ‘global governance’? This episode attempts to provide a loose definition of global governance and briefly look at the role of ‘independent’ central banks in defining and shaping the modern world economy, specifically the global ‘market economy’. What is […]

Empire, Power & People with Andrew Gavin Marshall- Episode 143

German Economics & Syriza’s Dismal Options Building on the previous podcast’s discussion of Greece and Europe’s crisis, this episode examines German economic orthodoxy, known as Ordoliberalism, and the effects this has on German policy and strategy, as well as that of the European Central Bank. In addition, this episode examines the context of Syriza’s decision […]

Empire, Power & People with Andrew Gavin Marshall- Episode 142

Europe’s Strategy to Topple Syriza The anti-austerity Greek government of Syriza has signed on to the most invasive and harsh agreement of any Greek government to date: more austerity, more ‘reform’, and more control over Greece to its bailout creditors in Berlin, Frankfurt, Brussels and Washington. Greece is an occupied country that has been attempting […]

Empire, Power & People with Andrew Gavin Marshall- Episode 141

Urban Rebellions and Racist Rhetoric Starting with some mainstream and social media analysis of the recent events in Baltimore, this week’s rant takes on the political language of racism, the effect that media propaganda has in indoctrinating that racism into its viewers, and the comparison of coverage of black and white riots in recent years. […]

Empire, Power & People with Andrew Gavin Marshall- Episode 140

“Have the Finance Ministers be Bastards” In the first half of the 1970s, the global economic, financial and monetary order underwent a series of catalytic changes and transformations. Relations between the rich and powerful nations, notably the United States, West Germany and Japan, had become tense and tumultuous. More problematic was that relations between these […]

Empire, Power & People with Andrew Gavin Marshall- Episode 139

Inside the IMF The International Monetary Fund (IMF) is one of the central and most powerful institutions in the system of global financial governance. This episode examines the structure and governance of the institution, it’s board, staff and committees, as well as the shareholding structure that ensures the IMF serves the interests of the United […]

Empire, Power & People with Andrew Gavin Marshall- Episode 138

The Institutions of Global Governance This episode attempts to provide a brief overview of some of the key institutions of global financial governance, specifically (though not exclusively) as it relates to Europe’s debt crisis. Included in the discussion is not simply the names of the institutions, but their roles, their leadership and internal governance structures, […]

Empire, Power & People with Andrew Gavin Marshall- Episode 137

Europe’s Technocratic Tyranny Throughout the course of the European debt crisis, unelected technocratic institutions have been the most important and influential in managing the EU’s response to the crisis and overall management of Europe’s economic governance. These institutions include the ‘Troika’ of the IMF, European Central Bank, and European Commission, but also secret meetings of […]

Empire, Power & People with Andrew Gavin Marshall- Episode 136

Economic Diplomacy & Global Financial Governance We know well the world of political diplomacy and international relations between states, where presidents, prime ministers, foreign ministers and secretaries of state engage in a game of power politics, expanding empire and using leverage to serve their own interests and desires. The same holds true for the world […]

Empire, Power & People with Andrew Gavin Marshall- Episode 135

The World Economic Forum & the Global Plutocracy This episode examines the history and role played by the World Economic Forum as a socializing institution for the emerging global class of plutocrats. Over the years and decades, the WEF has facilitated the spread of a distinctly Western ruling class to the far reaches of the […]