Season 10 · Episode 16
Virus Triggers Capitalist Crash
Economic Update with Richard D. Wolff · Democracy at Work - Richard Wolff
April 16, 202028m 59s
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Show Notes
Analysis (part 1): how, why capitalism - especially in US - failed to prepare for or cope with a virus thereby enabling it to trigger another crash of capitalism (third this century: dot.com in 2000, sub-prime mortgage in 2008). Analysis (part 2): how to respond to crash better than the US govt by emphasizing re-employment in millions of new jobs rather than unemployment, emphasizing worker-coops, etc.