Why Is This Happening? The Chris Hayes Podcast cover image

Joe Biden and the End of Reaganomics with Felicia Wong

Why Is This Happening? The Chris Hayes Podcast

00:00

Is There a Crisis of Capitalism in the Depression?

There's an amazing symmetry here, which is crisis of capitalism in the depression. And inflation of the late 70s is to the kind of like Keynesian social democratic mixed economy,. The things that you need to be like a comfortable and secure middle class person just get more expensive every year. So it's a raw deal for many non-white folks, but a pretty good deal for white middle class Americans.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app