This week: 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; discussion of 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. To watch the second half of the interview, please visit us at https://www.patreon.com/economicupdate

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Economic Update: Why Capitalism Demonizes Government

by Richard D. Wolff, The Real News Network
November 27, 2018

<h1>Economic Update: Why Capitalism Demonizes Government</h1> <p class="byline">by Richard D. Wolff, The Real News Network <br />November 27, 2018</p> <p>https://www.youtube.com/watch?v=YyEm1baqVHU</p> <p><span style="font-weight: 400">This week: 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; discussion of 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. To watch the second half of the interview, please visit us at </span><a href="https://www.patreon.com/economicupdate"><span style="font-weight: 400">https://www.patreon.com/economicupdate</span></a></p> <p>This <a target="_blank" href="https://therealnews.com/economic-update-why-capitalism-demonizes-government">article</a> first appeared on <a target="_blank" href="https://therealnews.com">The Real News Network</a> and is republished here under a Creative Commons license.<img src="https://i0.wp.com/therealnews.com/wp-content/uploads/2021/11/cropped-TRNN-2021-logomark-square.png?fit=150%2C150&amp;ssl=1" style="width:1em;height:1em;margin-left:10px;"><img id="republication-tracker-tool-source" src="https://therealnews.com/?republication-pixel=true&post=180415&amp;ga4=G-7LYS8R7V51" style="width:1px;height:1px;"></p> Copy to Clipboard

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