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Economic Update with Richard D. Wolff chevron_right

Inflation - How Markets Fail

Apr 28, 2022
29:01
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1
Introduction
00:00 • 3min
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2
What Happens When a Bank Makes a Big Fat Loan?
02:46 • 3min
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3
What You Don't Pay in Taxes
05:46 • 3min
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4
Is There a Progressive Tax System?
08:57 • 3min
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5
Democracy at Work - Part 1
11:45 • 3min
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6
What Does It Mean When Prices Are Rising?
14:42 • 2min
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7
What You Can Do to Respond to Rising Demand
16:53 • 3min
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8
Do You Have to Handle Things This Way?
20:23 • 3min
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9
The Market Is a False Guard
22:55 • 2min
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10
We Don't Use Market Exchange
25:25 • 4min
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In this week's show, Prof. Wolff talks about Sri Lanka's economic crisis as a global example, and how US billionaires escape taxation at our expense. In the second half, Wolff discusses how and why the market system produces inflations like today's.
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