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‘Relentless Worsening Of Inequality’; End Of Capitalism Warns Economist | Richard Wolff

The David Lin Report

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Government Stake in Intel: Implications and Parallels

This chapter analyzes the U.S. government's decision to acquire a 10% stake in Intel and its implications for corporate governance and the economy. It draws historical parallels to fascism, critiques government bailouts for large companies, and discusses the concept of state capitalism, particularly in relation to inequality. Finally, the chapter proposes an alternative approach of 'trickle-up economics' to stimulate economic growth through support for lower wage earners.

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