The Economics of Imperialism and Inflation w/ Richard Wolff
Guerrilla History
00:00
Capitalism and Its Consequences
Hobson: Capitalism has a fundamental contradiction it really can't solve. It needs to sell what it produces, but it needs to sell it to its own working class. But the only way the working class can by it is if you give em higher wages. Hobson: The national debt is a gift to the ruling class. They know they lave lavishly and that's why we never get them taxed,. and we always get deficit spending. So i'm really interested in helping people understand t the current situation with inflation."
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