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President Biden gives Ukraine permission to use U-S weapons to strike deeper into Russia. Scrutinizing Trump cabinet nominees. Thanksgiving travel gridlock. CBS News Correspondent Steve Kathan has today's World News Roundup.
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America feared that letting Ukraine use US weapons to attack far-off targets in Russia would escalate the conflict. Why has President Joe Biden finally changed his mind? Markets soared when Donald Trump was elected, but the longer-term impact of Trumponomics may be less positive (9:42). And why airships are back in our skies (18:12).
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Wolf Hall: The Mirror and the Light (on BBC iPlayer) adapted from the final book in Hilary Mantel’s trilogy, and directed by the BAFTA award winner Peter Kosminsky, traces the final four years of Thomas Cromwell’s life. After the execution of Anne Boleyn, Henry VIII’s fixer and royal secretary, Cromwell, continues his climb to power and wealth, becoming the most feared and influential figure of his time. But as the King becomes more irascible and Cromwell’s enemies circle, it’s only a matter of time before he’s brought down.
George Villiers, Duke of Buckingham was King James I’s favourite and then Charles I’s confidante and first minister. But he too fell spectacularly from grace, amid political and sexual intrigue. In her biography, Scapegoat, Lucy Hughes-Hallett dramatizes the Duke’s transformation from a young man who traded on his beauty to one with immense wealth and political power.
The late novelist Hilary Mantel compared Cromwell with Boris Johnson’s political advisor Dominic Cummings, another outsider whose political influence spread far and wide. The columnist and Associate Editor at the Financial Times, Stephen Bush, considers the role of today’s fixers and ‘special advisors’; how much power they can wield; and as the political cycle turns, whether their downfall is inevitable.
Producer: Katy Hickman
OA1088 - Trump's Staff Infection Vol. 2
With special guest Lydia Smith! Matt explains why only lawyers can truly destroy the rule of law before Lydia reviews what Project 2025 has planned for the Department of Justice. We then consider Donald Trump’s intention to make his favorite Florida (Congress)man our next Attorney General without or without Senate approval. Who is America’s Worst Matt, and could this weird loser really be the angel of Trump’s retribution?
“Is Matt Gaetz an ‘Accomplished Attorney’?” Louis Jacobsen, Politifact (11/15/24)
Nayib Bukele on X: "US Congressmen visit CECOT (Center for the Confinement of Terrorism)
“Matt Gaetz’s 2008 DUI arrest resurfaces after jab at Hunter Biden’s substance abuse. Here’s what happened,” Tampa Bay Times (11/15/24)
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Since the global financial crisis that began in 2008, the role of the financial sector in contemporary capitalism has come under increasing scrutiny. In the global North, the expansion of the financial sector over the last 40 years has paralleled a decline in manufacturing employment and an increase in personal indebtedness, giving rise to the perception that speculation and usury have come to replace production as the engine of economic growth. In the global South, financial liberalization has exacerbated long-standing patterns of boom-and-bust cycles, and the growth of the financial sector has caused anxieties that speculative investments in natural resource extraction, urban real estate, and rural farm land are dispossessing and displacing people rather than improving human development. Overall, the growth of the financial sector has created the perception that we’re entering a new phase in capitalism’s history in which speculation and rent-seeking have displaced production as the engines of economic growth.
My guest today, the political economist Nick Bernards, challenges this narrative. In his new book, Fictions of Financialization: Rethinking Speculation, Exploitation and Twenty-First Century Capitalism (Pluto Press, 2024), Bernards argues that we need to re-center labor in narratives about the expansion of finance, that speculation and the subsumption of nature are always central to capitalism, and that major private-sector financial institutions have actually been reluctant to invest in major development projects in the global south. The main problem with the growth of finance is that it makes more exploitation, displacement, and environmental damage – in short, more capitalism – possible.
Nick Bernards is Associate Professor of Global Sustainable Development at the University of Warwick. He is the author of A Critical History of Poverty Finance (Pluto, 2022) and The Global Governance of Precarity (Routledge, 2018).
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In 1708, the governor of South Carolina responded to a request from London to provide a detailed account of the colony's population. Among the groups included in this report was an often-overlooked segment—Native Americans, who comprised roughly a quarter of the colony’s enslaved population. However, not long after, references to enslaved Native people largely disappeared from the historical record.
In Enslaved Native Americans and the Making of Colonial South Carolina (Johns Hopkins University Press, 2024), D. Andrew Johnson argues that Native Americans played a pivotal role in shaping South Carolina's economy and culture. Through extensive research, including a database of over 15,000 references to enslaved individuals, Dr. Johnson employs an interdisciplinary approach to expand the historical narrative and center the experiences of enslaved Native people. In addition to his archival work, he uses spatial analysis and archaeological evidence to explore Native slavery within the context of plantation life.
While much of their impact was erased from mainstream history, the contributions of enslaved Native people were evident in the agricultural technologies they introduced, their influence on Creole culture, and the wealth and power amassed by early colonists as a result of their labor.
D. Andrew Johnson is a historian of early-modern America and the Atlantic. He is the coeditor of Atlantic Environments and the American South.
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