Economic Update with Richard D. Wolff cover image

Economics for a New Year

Economic Update with Richard D. Wolff

00:00

The Next Quality of Capitalism

We've never seen advertising in slavery or feudalism on the scale we see in capitalism. The whole idea that you should buy your way to personal growth and happiness is all a part of capitalism, not some other economic system. Every capitalist nightmare is to produce stuff in the factory and then be unable to sell it. You hire advertisers to go out there and make sure that all you've been able to produce will be purchased by someone because otherwise you die.

Play episode from 19:06
Transcript

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