Labor 131: Christopher Main Historian, Author & Policy Analyst

Описание: This week on America’s Work Force Union Podcast, host Ed "Flash" Ferenc speaks with Christopher Shaw, historian and author of Money, Power, and the People: The American Struggle to Make Banking Democratic and First Class: The U.S. Postal Service, Democracy, and the Corporate Threat.

Shaw explains how working people helped shape America’s financial system, demanding reforms like the FDIC and the Federal Reserve to stabilize the economy. He traces the fight from the New Deal to the repeal of Glass-Steagall and the 2008 financial crisis, showing how deregulation fueled inequality and weakened unions.

Shaw also highlights the decline of labor’s involvement in banking policy, why unions must once again act as watchdogs over Wall Street, and how collective action can rein in corporate power today.

TIMESTAMPS
0:00 – Introduction and Sponsor: Blue Cross and Blue Shield National Labor Office
0:56 – Introducing Christopher Shaw, historian and author
2:01 – Labor history meets banking history
3:00 – Workers and the fight to democratize finance
3:50 – FDIC, Federal Reserve, and worker-led reforms
4:41 – How financial regulation stabilized the economy
5:44 – Unregulated banking and recurring crises
6:28 – Glass-Steagall and its repeal in 1999
7:57 – The 2008 financial crisis and deregulation
8:24 – How unions once debated banking policy
9:26 – From watchdogs to disengagement: what changed
10:43 – The need for collective action today
12:18 – Lessons from history: optimism for reform
13:17 – Why workers must not be intimidated by finance

SPONSORS & GUESTS
Thank you to Blue Cross and Blue Shield’s National Labor Office for sponsoring this episode. Learn more at: https://bcbs.com/national-labor-offic...

Christopher Shaw: Historian and author of Money, Power, and the People and First Class: The U.S. Postal Service, Democracy, and the Corporate Threat.

‪@BCBSAssociation‬

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