5min chapter

The Sisyphus 55 Podcast cover image

Marxism (with Dr. Richard Wolff)

The Sisyphus 55 Podcast

CHAPTER

The Consensus of Capitalism

In capitalism, employers sit in the dominant position. They decide what gets produced and where production happens. The less you pay workers, though, the less they will be able to sell their output. That's a contradiction of the system; there is no way out of that. 2008, it bit us in the rear end. And we had the second worst collapse of capitalism in its history.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode