Economic Update: Today's Pandemic As A Crisis Of Capitalism

[S10 E29] New

On this week's episode, Prof. Wolff presents updates on company cutting candy bar size but keeping the same...READ MORE

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  • pasqual DiGesu
    commented 2020-08-07 09:08:13 -0400
    Great presentation and lecture by yourself, your intelligence and logic is a difficult thing to argue. You (or your presentations) have become more politically outspoken since your initial basic economics theories and lectures years ago. You know that the two cannot be separated. Again I say that a government that uses capitalism is not notoriously evil (the F word) but it is clearly evident, even in your presentations that it must be controlled or limited by the state for the good of the society as a whole. This control must be total without being mitigated by the influence of money or greed in our governing authorities. (The state being controlled by an intelligent populous if not a benevolent authority.) The problem or policy with Macy’s has been used by many in the past 20 years to include many large defense industries like Boeing, and multiple Sikorsky subcontractors who together have laid off tens of thousands while increasing individual CEO incomes from 5 to 50 million dollars (per reports). Looking at corporate control in all areas of our nation such as medical, education, taxation, Legislation, foreign policy (Saudi, Israel, Venezuela, etc.) and so on… It is clear we need a controlled and monitored socialistic system. This will not happen until it is “pushed” through. Other nations and their financial powers are being further influenced by our unbalanced system starting with China, the longer we allow this system to grow, the more infected systems of government become around the globe, the faster the runaway train.