The Economics of Imperialism and Inflation w/ Richard Wolff
Guerrilla History
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The Problem of a Gulp of Capital
In a capitalist system, the only way we get income is if money is spent on what we help to produce. The rich don't spend their profits on groing richer than them because they are not willing to risk investing it. And that can drive the system into depression. That's why people have gotten excited about the term glut of capital. Poor people are not the problem. In fact, most of them are in debt, which means they spend even more than they get. And you know who lends them? The rich, who thereby get the money spent by lending it to the poor.
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