Season 9 · Episode 35
Capitalism in Denial
Economic Update with Richard D. Wolff
September 12, 201928m 59s
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Show Notes
Updates on parallel declines of UK and US capitalisms; denials of their systemic problems worsens them. Longer segments on (1) political economy of immigration, and (2) why the basic problem of Central and South America is 2-3 centuries of capitalism producing and reproducing extreme inequality, staggering poverty, and corrupt government elites. That is the crucial context for the Cuban and Venezuelan efforts, however imperfect and against US opposition, to break out of that capitalism.