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This edition: Why Capitalism Demonizes Government

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Episode Details

First aired: March 20, 2019.

Prof. Wolff presents 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. In the second half of the show, Prof. Wolff discusses 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.