Season 6 · Episode 35
Economic Update: A Tale of Two Crises: 1929 & 2008
Economic Update with Richard D. Wolff · Democracy at Work
August 31, 201758m 28s
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Show Notes
Updates on US working conditions 2017, looming US recession and plans for negative interest rates, schools raise funds by shaming poor school children, and the economics of fascism. Major discussion: why FDR's New Deal (successful trickle up economics) was not repeated after 2008 (unsuccessful trickle down economics). Consequences of post-1945 destruction of coalition that produced New Deal.