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Mark Weisbrot – Episode 128

This week Eric welcomes to the show author and economist Mark Weisbrot who serves as Co-Director of the Center for Economic and Policy Research. Mark comes on the show discuss his recent study co-authored with Jeffrey Sachs entitled Economic Sanctions as Collective Punishment: The Case of Venezuela which details the real-world consequences of the US sanctions. Mark explains some of the data and methodology behind the study, and what the results reveal about the nature of the crisis. From there, Eric and Mark discuss some of the motivations behind Trump, Bolton & Co.’s actions, and how Venezuela is paying a price for a cynical political game. Is war on the table? What’s next? Listen to CounterPunch Radio this week to hear Mark Weisbrot’s take.