Richard Wolff on Renegade Inc -Excellent - Full Marx: Has Karl had the last laug

Politics and Social Issues
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Full Marx: Has Karl had the last laugh?

Since the 2008 financial crisis, we have been consistently told that the economic recovery is going to plan. The problem with this line is that very few people believe it – and even fewer have seen it.

So what is the gap in capitalist thinking that stops the real economy recovering?
Why is the one percent now concerned about capitalism’s ability to deliver all it has promised? And is the current economic malaise across developed economies permanent or just a passing trend?

Host Ross Ashcroft is joined by the Marxist Professor of Economics, Richard D. Wolff, to find out what’s next for an economic system that now looks intellectually bankrupt.

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What does an economy run on?

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capitalist economy?? perpetual exponential growth. If this stops the system collapses

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Hey, it’s fun when we agree.

Next question,

Do we live on a finite planet?

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rhetorical?

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Since the 2008 financial crisis, we have been consistently told that the economic recovery is going to plan. The problem with this line is that very few people believe it – and even fewer have seen it. So what is the gap in capitalist thinking that stops the real economy recovering? Why is the one percent now concerned about capitalism’s ability to deliver all it has promised? And is the current economic malaise across developed economies permanent or just a passing trend?
Looks like a strawman argument at least.
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In what way is it a strawman argument?

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What is the “recovery plan”?

Who is consistently telling us it’s working?

These sound like straw men as there has been a lot of differing explanations and solutions over the past decade regarding 2008.

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Well below me over with a feather duster.

 

Isn’t corporate media, wall st and the right wing political class championing day and night about an economic recovery??