
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