Economic Update: Capitalism's Costly Contradictions

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[EU S13 E24] Capitalism's Costly Contradictions
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Updates on real US unemployment problem; Congress betrays students on student debt issue; huge majorities polled support US teachers, increased teachers pay, teachers' freedoms to teach about race, and teachers' power vs boards of education and state governors, importance of ILWU strike shutting down west coast seaports. Major discussions of capitalism's contradictions around (1) capitalists forever "saving on labor costs,"and (2) capitalists celebrating self-correcting markets."

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Check out the Hardcover edition of “Understanding Marxism,” by Professor Richard Wolff at: https://www.lulu.com/

“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”