RISE UP TO SUPPORT AR NOW

Help AR spread its progressive message to larger audiences at a time when it's particularly needed! We have no underwriters, government grants or advertising income. Radio stations receive our programming free of charge. We depend solely on you, our listeners, to sustain us.

We welcome your tax-deductible contributions for any amount. Send your check to RISE UP-Alternative Radio, PO Box 551, Boulder, CO 80306. Or just give us a call at (800) 444-1977, Monday–Thursday 8:30–4:30pm, Mountain Time.

DonateSubscribe Subscribe Monthly

How Capitalism Works

Program #VARY001. Recorded in Seattle on May 15, 2018.

Audio sample:
The latest phase of Capitalism, neoliberalism, has left a train wreck in its wake. It’s produced a new Gilded Age. The gap between theoretical Capitalism and its actual workings is jaw dropping. The chasm is a far cry from the courses in economics taught in colleges and universities. We are told the system relies on the market. In fact, it depends heavily on government intervention. When the big capitalists are in trouble states are there to bail them out. Really existing Capitalism works for the few at the expense of the many. Look at the Trump tax cut. Epic levels of inequality are not just in the U.S. but are worldwide. An Oxfam report says, 82% of the wealth generated in 2017 went to the richest 1%, while 3.7 billion people, the poorest half of the world, saw no increase in their wealth.                                                                                                                                                                           

Speaker(s):

Yanis Varoufakis

Yanis Varoufakis is an economist and academic. He served as the Greek Minister of Finance from January to July 2015, when he resigned. He is the author of many books including Talking to My Daughter about the Economy.

Shopping Cart

Your cart is currently empty

(800) 444-1977
info@alternativeradio.org