For this episode we talk to Herman Mark Schwartz on a wide range of issues - from biopolitics, industrial policy, and the New Cold War political economy to why "financialization" is a limited analytical frame for recent history. Mark argues that conflict between firms over profits is just as important - if not moreso - than conflict between capital and labor over the consumption share. The shift from midcentury "Fordism" to today's three-tiered economic structure happened as the result of a "Kalecki moment" in the late-1960s and early-1970s: workers, women, and the third world wanted more, and corporate strategy transformed to meet, and rebuff, their challenges. *** LINKS *** You can find his faculty profile here: https://politics.virginia.edu/people/profile/schwartz And the articles we discussed today here: https://americanaffairsjournal.org/author/herman-mark-schwartz/ and here: https://www.phenomenalworld.org/analysis/manufacturing-stagnation/