Since the 2008 financial crisis, we have been consistently told that the economic recovery is going to plan. The problem with this line is that very few people believe it – and even fewer have seen it.
So what is the gap in capitalist thinking that stops the real economy recovering? Why is the one percent now concerned about capitalism’s ability to deliver all it has promised? And is the current economic malaise across developed economies permanent or just a passing trend?
Host Ross Ashcroft is joined by the Marxist Professor of Economics, Richard D. Wolff, to find out what’s next for an economic system that now looks intellectually bankrupt.
Fellows @ RT.
He's quite the mountebank.
ReplyDelete..."Socialism is NOT the government". The invisible hand is? Somebody has to make the rules, and the rule cannot be for the "government hand" to correct all the little "unintended consequences" that fall out from the rules of the capitalist game.
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