Talking to My Daughter About the Economy: How Capitalism Works – and How it Fails
ALOUD @ Los Angeles Public Library
00:00
The End of Democracy
Economics is like having two snapshots, but no video of what happensin between. In other words, we can never say anything sensible about really existing capitalism. The one aspect in which time can be relevant is we know how we got to this point. Can you explain absolutely the there were two major revolutions, economic revolutions, in the history of humanity? One's the agricultural revolution, when we started growing stuff instead of simply gathering and hunting. And much of what we have and see and understand about the economy has to do with the fact that human beings were very, very hungry.
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