theAnalysis.news cover image

Capitalism Has Never Been This Irrational – Paul Jay (pt 3/3)

theAnalysis.news

CHAPTER

The Effects of BlackRock, State Street, and Vanguard on the Climate Crisis

I don't think that will happen until people seriously organize and put pressure on the politicians, whether it be in the European context or the American context. I feel like so many of these crimes are legitimized and encouraged and are so part of the system that if you were to prosecute all of them, then the whole thing would just completely crumble. There's a process that's been going on right since the early development by early 19th century, early 20th century development of American capitalism. The banks had so much money, they didn't know what to do with it. And they so incurred speculation. Everybody was supposed to buy stock and they would loan money left, right to anybody to go

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner