🎧 MOVIES VS. CAPITALISM: The Succession Finale (w/ David Sirota)

🎧 LEVER TIME: Meet The Pundits Who Falsely Blamed Inflation On Workers

May 16, 2023 The Lever
On this week’s Lever Time: David speaks with two experts about the growing consensus that corporate profits are driving inflation.
🎧 LEVER TIME: Meet The Pundits Who Falsely Blamed Inflation On Workers
(AP Photo/Pablo Martinez Monsivais)

After corporate pundits spent the last year gaslighting the American public into believing that rising corporate profits were definitely not driving inflation, now economists and financial institutions are arriving at consensus that rising corporate profits are in fact driving inflation.

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David Sirota sits down with Lindsay Owens, the Executive Director of the Groundwork Collaborative, and Hal Singer, the Managing Director of Econ One, who have both been sounding the alarm for over a year about corporate price gouging and profiteering which have been driving inflation. The group digs into the origins of the false inflation narrative, which corporate pundits and beltway economists are most responsible, and how policymakers can push back.

A transcript of this episode is available here.

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BONUS PREMIUM POD: On Monday’s Lever Time Premium episode for paid subscribers, Tara Raghuveer, the campaign director for the People’s Action Home Guarantee campaign, discusses the skyrocketing rent prices across the U.S. Tara explains who’s profiting off rising rents and what policies can be put in place to help renters. To get access to Lever Premium Podcasts, click here.

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