We will have a new episode of Economic Update for you next week, but until then we will share some clips of some past episodes.
This is a clip from Economic Update: No Matter Who Wins (Season 10 Episode 44).
"The Federal Reserve is sustaining US capitalism — directly by loaning to corporations, and indirectly by loaning to the federal government — to run a huge deficit, excess of trillion dollars... The federal government is not an intrusion; the federal government is the only thing that keeps private capitalism from a complete bust... And what do we know about this way that the Federal Reserve is keeping capitalism going? It's funding the most extreme inequality in a century of American history." - Richard Wolff
Watch the full episode: [ Ссылка ]
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Learn more about Prof Wolff's NEW BOOK, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself," that came out mid-September, on our books page:
www.democracyatwork.info/books
"Indeed, his book is so thorough, so comprehensive in its insightful analysis, that it is a practically a one-stop center for anyone who wants to understand why the year 2020 has been such a dumpster fire." - SALON
Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism"
[ Ссылка ]
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