Economic Update: Capitalism’s Unemployment Problems
- April 29, 2020
A weekly show focusing on the economic dimensions of everyday life and alternative ways to organize our economy and politics, with Prof. Richard D. Wolff.
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Capitalism’s recurring unemployment problem was never solved and makes the system fundamentally unstable. Today’s high levels of unemployment are hugely costly in both human and financial terms.
On this week’s episode we analyze why capitalism prepares so poorly for and then endures its recurring unemployment. We also examine several alternatives to unemployment that would serve society better but threaten capitalism.
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Source URL — https://roarmag.org/2020/04/29/economic-update-capitalisms-unemployment-problems/
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