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 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

The Market: A Paragon of Virtue

Program #WOLR009. Recorded in New York, NY on August 06, 2014.

Audio sample:

Myths die hard. Just as there are no unicorns, there is no free market. The myth is propagandized by its beneficiaries, i.e., the rich and powerful, the 1%. The oft-repeated line is the market is some neutral entity which fosters competition and people benefit as prices come down. Reality is slightly different. We don’t have a really free market because there is massive government intervention to prop it up through bailouts and subsidies, tax breaks and loopholes. The system generates more and more monopoly and concentration. Attempts at regulation are non-existent or are so watered down as to be virtually meaningless. The market as a paragon of virtue? Heard of secret deals and insider trading? The crucial question: how do we create an economy which is responsive to people’s needs, meets social goals of equality and protects the environment?

Speaker(s):

Richard Wolff

Richard Wolff is Professor of Economics Emeritus at the University of Massachusetts in Amherst and currently a visiting professor at the New School in New York. The New York Times calls him “America’s most prominent Marxist economist.” He is the author of numerous books including Democracy at Work and Occupy the Economy with David Barsamian.

 

Customer Reviews

No reviews yet Write a review

Shopping Cart

Your cart is currently empty

(800) 444-1977
info@alternativeradio.org