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Border crisis deepens just days before the expected end of pandemic restrictions. Journalists banned from Twitter. A growing number of women gun owners. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Ro Khanna is a progressive congressman representing California's 17th District, the wealthiest Congressional district in the U.S. He's the Silicon Valley congressman, and his constituents are the coastal elites of the elites. But if you didn't know any of that, you might think Ro Khanna is a congressman from a place like Indiana. He wants to revitalize American industry, bring manufacturing back home, and really sound the alarm on who the digital revolution has left behind.
In fact, when you hear Ro Khanna make the case for the dignity of working people, the negative effects of globalization, and campaign with slogans like “make more stuff here,” and “buy American,” he kind of sounds like… Donald Trump.
That tells you everything you need to know about our current political moment and how the old rules about what is left and what is right, and which party represents the working class is totally up for grabs. And Khanna thinks that Democrats should be dominating on these issues.
On big tech, Khanna’s policies are not exactly the ones you'd imagine coming from the congressman whose neighbors are the creators of the next Googles and Facebooks. Not only does he think big tech needs to be broken up, but he also was one of the only Democrats to diverge from his party's censorious impulses, when he reached out directly to Twitter in 2020 to criticize its decision to suppress the Hunter Biden laptop story, as we reported in the Twitter Files story.
In an era where the Democratic Party and big tech often seem to be marching in lockstep, Khanna says, hold on. Maybe we should be skeptical of this kind of corporate power. And isn't that the core of what the Democratic Party is supposed to be about? And if not, when did that change and why?
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A strategy approved today peels back some of the country’s constitutional pacifism; in large part that is because of its tense relationship with a hawkish China. Despite some promising reforms, violence against women remains rampant in India. And our obituaries editor looks back on the life of Britain’s last surviving Dambuster.
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The Biden administration is pushing electric vehicles as the future. So are major auto makers. But how will that play out in red states? We travel to small-town Indiana to find out.
Read the full transcript here.
Host: Gustavo Arellano
Guests: L.A. Times White House reporter Noah Bierman
More reading: Can California’s electric-vehicle push overcome the red-state backlash?
Majority of voters favor gasoline-car phaseout. But all-electric goal faces tough opposition
California bans sales of new gas-powered cars by 2035. Now the real work begins
This episode is sponsored by Roofstock onChain
What went wrong? How could companies valued in the tens of billions of dollars a few months ago suddenly be worthless? Was everything that came before FTX a mirage? Is it nothing but a shell game? A Ponzi scheme?
What let us down wasn't a technology failure; it was a human one.
On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Simon Johnson, the Ronald A. Kurtz Professor of Entrepreneurship at the MIT Sloan School of Management, and Tyler Cowen, a professor of economics at George Mason University, about what this year's crypto effect means for the future.
Simon is the author of five books, including his latest, co-written with Daron Acemoglu, “Power and Progress: Our 1,000-Year Struggle over Technology and Prosperity,” which will be published in May.
Tyler Cowen has 16 books written to his credit; his latest is “Talent: How to Identify Energizers, Creatives, and Winners Around the World.”
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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”
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Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.
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