
How Austerity Paves the Way for Fascism
Economic Update with Richard D. Wolff
00:00
The Importance of Understanding Austerity Capitalism
"Austerity capitalism is not very far away from what even the supposed capitalist alternative meaning Keynesianism is all about," says Frida Ghitis. "The first step to break away and construct a different world, I think is to really understand who the enemies are... And in this sense, all of your enemies", she adds. 'Inspiration for the past can help us open up imagination for the future'
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