Season 8 · Episode 22
Economic Update: Why Capitalism Demonizes Government
Economic Update with Richard D. Wolff
November 22, 201828m 59s
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Show Notes
Updates on UK war on "Unexplained Wealth," why capitalism needs yet attacks government, historical reality of low wages in US, cozy deals between big corporations and credit rating agencies again. Major discussions of capitalism's oscillations between nationalist and internationalist phases (are we now moving backwards to nationalism again?) and once more on the inefficiency and immorality of markets as a mechanism of distribution.