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AGelbert

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Economic Update: Capitalism's Unemployment Problem
46,166 views•Apr 27, 2020


Democracy At Work
163K subscribers

[S10 E17] Capitalism's Unemployment Problem

**We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: https://www.patreon.com/economicupdate

Capitalism's recurring unemployment problem was never solved and makes the system fundamentally unstable. Today's high levels of unemployment are hugely costly in both human and financial terms. On this week's episode we analyze why capitalism prepares so poorly for and then endures its recurring unemployment. We also examine several alternatives to unemployment that would serve society better but threaten capitalism.
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Prof. Wolff's latest book "Understanding Socialism"
http://www.lulu.com/spotlight/democra...

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Category News & Politics
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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