18 Oct 2014, 3:05pm
Diet Soap Update
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Diet Soap Podcast #225: Were Top Corporate Executives Really Hogging Workers’ Wages?

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CEOs, Supermanagers, and other rich people are the subject this week as Andrew Kliman asks the question “Were Top Corporate Executives Really Hogging Workers’ Wages?”

Professor Andrew Kliman is a professor of economics and Pace University and the author of the books Reclaiming Marx’s Capital and The Failure of Capitalist Production,” and the answer he gives as he discusses his essay at Truthdig may surprise you.

Here’s an excerpt from that essay:

Thomas Piketty attributes rising inequality in the U.S. primarily to huge increases in the salaries of CEOs and other top executives, but he misinterprets the evidence. Rising salaries of top executives actually explain very little of the rise in inequality, and they depressed other employees’ pay by only a negligible amount.

It’s Monday, October 13th, 2014, and I’m Douglas Lain the host of this podcast.

I’d like to thank Andy M, Jacob L, John Lewis, James H, John S, and Phillip L for donating to the podcast, and urge regular listeners to the Diet Soap podcast to find the paypal button at dietsoap.podomatic.com or look for the paypal buttons at douglaslain.com which will be going up in the next few days. Also, the podcast is available via iTunes and I urge people who enjoy this show to consider leaving a review at iTunes in lieu of a donation.

Diet Soap Podcast #224: Pop the Imperialism

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Imperialism is the subject this week as C Derrick Varn and I bring back Pop the Left and discuss Lenin’s pamphlet “Imperialism: The Highest Form of Capitalism.”This was to be a discussion of the notion of the labor aristocracy, but we decided to start slow and see if we could understand Imperialism first.

From Lenin’s pamphlet, here’s the definition:

[Imperialism features]

(1) the concentration of production and capital has developed to such a high stage that it has created monopolies which play a decisive role in economic life
(2) the merging of bank capital with industrial capital, and the creation, on the basis of this “finance capital”, of a financial oligarchy
(3) the export of capital as distinguished from the export of commodities acquires exceptional importance
(4) the formation of international monopolist capitalist associations which share the world among themselves
(5) the territorial division of the whole world among the biggest capitalist powers is completed.

Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capital is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.

I’d like to urge regular listeners to the Diet Soap podcast to find the paypal button at dietsoap.podomatic.com. Also, the podcast is also available via iTunes and I urge people who enjoy this show to consider leaving a review at iTunes in lieu of a donation

Double Feature Review: Cabin Fever or Cabin in the Woods

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Cabin Fever along with Cabin in the Woods make up the double feature for this month’s Double Feature Review podcast. Also featured in this episode are comments on the movie Grosse Point Blank, the television show Roseanne, and the Jim Farris’ endless grumbling.

One time pornographer and screenwriter for Universal Studios, Jim Farris begins the episode by noting our hiatus. “What is wrong with Douglas Lain?” Or to quote him directly, “WTF is wrong with you?” Listen closely for Lain’s retelling of his thirteenth mid-life crisis nervous breakdown.

Follow Douglas Lain and Jim Farris on ello.co if you can.

Diet Soap Podcast #223: Death and Other Impossibilities

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Death is the subject this week as I talk to Daniel Coffeen about his neurosis, his grieving, and his buddhist therapist. The inevitability and impossibility of death is the subject as the sophist or rhetor and I try to figure out what life is all about and how we might live on in the face of our inevitable end.

You might hear a bit of a difference this week as I’m trying out my new Snowball Microphone and I’d like to thank Andy Marshall for his generous donation. Andy will be receiving the old Snowball microphone in the next week, after I get a chance to sign the thing.

I’d also like to urge regular listeners to the Diet Soap podcast to find the paypal buttons at dietsoap.podomatic.com. Also, the podcast is also available via iTunes and I urge people who enjoy this show to consider leaving a review at iTunes in lieu of a donation.