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Coronavirus: People Will Die because this Government Wasted Time | Professor John Ashton

Coronavirus: People Will Die because this Government Wasted Time | Professor John Ashton

We’re in a really serious emergency situation now. It looks as though the virus at the moment is centred in London and in Hampshire, but it’s beginning to move up the country. And over the next few days we’re going… Continue Reading

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Richard Wolff on Conservatives and Government Intervention

Richard Wolff on Conservatives and Government Intervention

You know, once upon a time conservatives liked to say that they were against government intervention in the economy. Ever since we had that massive intervention back in the 1930s when a collapsed capitalism was rescued by massive government intervention,… Continue Reading

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Economic Update: Capitalism’s Excuse: Blame Government

Economic Update: Capitalism’s Excuse: Blame Government

welcome friends to another edition of economic update weekly program devoted to the economic dimensions of our lives incomes debts jobs for ourselves for us in the future for our children I’m your host Richard Wolff I’ve been a professor… Continue Reading

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Have economists had too much influence on policy?

Have economists had too much influence on policy?

Advocates of free-market economics say it has lifted billions of people out of poverty, increased liberty, and enhanced efficiency. Others say an excess of free-market policies cause extreme inequality, hindered economic growth, and has damaged the fabric of society. So… Continue Reading

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Richard Wolff on the distracting debate over more or less government

Richard Wolff on the distracting debate over more or less government

Debating the pros and cons of the government vs the private sector is a silly game until you realize that the purpose of it isn’t what it is about. The purpose of it is to make sure we don’t debate… Continue Reading

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Affordable housing – a growing concern for people and governments

Affordable housing – a growing concern for people and governments

People are struggling more than ever to pay for a decent, affordable home. Making housing more accessible would help reduce poverty and inequality. People spend a larger share of their budgets on housing than almost anything else 22% of household… Continue Reading

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Private banking and government corruption saddle the 3rd world with debt – Richard Wolff

Private banking and government corruption saddle the 3rd world with debt – Richard Wolff

14 out of 15 of these countries (the worst indebted countries in the world) on average cut their social spending for their people by 13%. Here’s the point. If you get yourself into debt as a foreign country, if you’re… Continue Reading

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Poverty isn’t a lack of character; it’s a lack of cash | Rutger Bregman

Poverty isn’t a lack of character; it’s a lack of cash | Rutger Bregman

I’d like to start with a simple question: Why do the poor make so many poor decisions? I know it’s a harsh question, but take a look at the data. The poor borrow more, save less, smoke more, exercise less,… Continue Reading