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14 Nov, 2018 23:31

The Future of BRICS in Question & Amazon Steals Billions of Taxpayer Dollars

Anya Parampil reports on what the election of Brazil’s incoming president, Jair Bolsonaro, could mean for the international economy, particularly the BRICS organization. Anya explains that Bolsonaro is poised to realign with the United States and has already appointed a pupil of University of Chicago economist Milton Friedman, Paulo Guedes, to serve as Economy Minister. Anya talks to Vijay Prashad, Director of the Tricontinental Institute for Social Research, about the impact Bolsonaro’s leadership will have on BRICS and the Brazilian public. Later, Anya follows up on Amazon’s latest announcement that it will open two new headquarters: one in Crystal City, Virginia and another in Long Island City, New York by highlighting some of the disturbing promises local governments have made the company, including New York’s pledge to subsidize a helipad for CEO Jeff Bezos. Richard Wolff, Co-Founder of “Democracy at Work” and Professor of Economics & International Affairs, joins the show to explain how taxpayers will ultimately subsidize Amazon without benefiting from its presence.  

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