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The REAL reason behind the housing crisis
 In this video, Garys Economics breaks down the root causes of the UK housing crisis and examines why housing growth has stalled. He discusses the structural and economic issues at play, and hints at potential paths forward for a healthier housing m... In this video, Garys Economics breaks down the root causes of the UK housing crisis and examines why housing growth has stalled. He discusses the structural and economic issues at play, and hints at potential paths forward for a healthier housing m... -
Global Capitalism The U-S- Election and Trump 2-0 in Historical Perspective
(00:01) Welcome to another edition of Global Capitalism, brought to you by the Left Forum and Democracy at Work. Today’s presentation focuses on the recent U.S. presidential election, won by Donald Trump. We will discuss how the election unfolded...(00:01) Welcome to another edition of Global Capitalism, brought to you by the Left Forum and Democracy at Work. Today’s presentation focuses on the recent U.S. presidential election, won by Donald Trump. We will discuss how the election unfolded... -
Socialism for the Bankers Yanis Varoufakis on What Killed Capitalism
(0:00:00)  So, my hypothesis is that in 2008—well, this isn't a hypothesis; it's a fact, especially here in London—you all deeply understand how the City of London collapsed. Every single bank went bankrupt, including Barclays, which claime...(0:00:00)  So, my hypothesis is that in 2008—well, this isn't a hypothesis; it's a fact, especially here in London—you all deeply understand how the City of London collapsed. Every single bank went bankrupt, including Barclays, which claime... -
How Capitalism Becomes Feudalism Severance and Technofeudalism
(00:00) You shovel 16 tons and what do you get another day older and I'm deeper in debt.. St Peter don't you call me, cuz I can't go easy, because I owe my soul to the company store.In the late 19th century as the Second Industrial Revolution rapidl...(00:00) You shovel 16 tons and what do you get another day older and I'm deeper in debt.. St Peter don't you call me, cuz I can't go easy, because I owe my soul to the company store.In the late 19th century as the Second Industrial Revolution rapidl... -
Why Growth Is Stupid
Rethinking Productivity and Economic Growth: Why the Focus on Growth Might Be Misplaced [00:02] Questioning the narrative of productivity and growth in the economy. - Issues prompted by an article about the collapse of the British economy and pol...Rethinking Productivity and Economic Growth: Why the Focus on Growth Might Be Misplaced [00:02] Questioning the narrative of productivity and growth in the economy. - Issues prompted by an article about the collapse of the British economy and pol... -
Game Theory is Broken
Economists have gotten game theory wrong for seventy years. Capitalism today uses game theory to maximize profits, but the problem is that game theory is based on a win-lose ideology and this ideology has broken our society. We need a win-win menta...Economists have gotten game theory wrong for seventy years. Capitalism today uses game theory to maximize profits, but the problem is that game theory is based on a win-lose ideology and this ideology has broken our society. We need a win-win menta... -
US Capitalism at a Crossroads: The Labor Movement Upsurge in Recent Years
In this episode of "Economic Update," Richard Wolff discusses the current state of U.S. capitalism, suggesting it is at a critical juncture. He highlights the recent upsurge in labor movements, citing a significant increase in strikes and labor pr...In this episode of "Economic Update," Richard Wolff discusses the current state of U.S. capitalism, suggesting it is at a critical juncture. He highlights the recent upsurge in labor movements, citing a significant increase in strikes and labor pr... -
How to Ruin an Economy Some Simple Ways
**(00:00)** Let’s suppose, for some perverse reason, we want to ruin an economy and society. To make it interesting, let’s choose a difficult case—not the Central African Republic, where it could be done easily, but a rich and powerful society...**(00:00)** Let’s suppose, for some perverse reason, we want to ruin an economy and society. To make it interesting, let’s choose a difficult case—not the Central African Republic, where it could be done easily, but a rich and powerful society... -
Varieties of the Rat Race: Conspicuous Consumption in the US & Germany
In summary, Professor Van Treeck is discussing the differences in economic and social systems between Germany and the United States, specifically in regards to education, healthcare, and income distribution. He references the predictions made by econ...In summary, Professor Van Treeck is discussing the differences in economic and social systems between Germany and the United States, specifically in regards to education, healthcare, and income distribution. He references the predictions made by econ... -
Inflation, Europe's energy crisis, and the Fed with Richard Wolff
Dr Wolf criticizes the Federal Reserve for its handling of inflation, points out some alternatives and historic references to LBJ and Richard Nixon on how they dealt with inflation effectively. He also talks about the profiteering of corporations a...Dr Wolf criticizes the Federal Reserve for its handling of inflation, points out some alternatives and historic references to LBJ and Richard Nixon on how they dealt with inflation effectively. He also talks about the profiteering of corporations a... -
A Critique of Robert Reich
(00:00) This is Richard Wolff for Democracy at Work, responding to another Ask Prof Wolff question from our Patreon community. This one comes from Tom Hall. Tom says he's been looking at Robert Reich's book "Saving Capitalism" (I believe that's the ...(00:00) This is Richard Wolff for Democracy at Work, responding to another Ask Prof Wolff question from our Patreon community. This one comes from Tom Hall. Tom says he's been looking at Robert Reich's book "Saving Capitalism" (I believe that's the ...
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