Economic Update: The Great American Purge
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Economic Update: [S8 E24] The Great American Purge
This week’s episode of Economic Update is a little different from the usual program. Professor Wolff begins by explaining the economics behind the great U.S. anti-leftist purge (“McCarthyism”) after 1945. It then shows the economic impacts of that purge over the last half century.
In the second half, Prof. Wolff explains how that history produced a very different political response to the crash of 2008 compared to FDR’s response in 1929.
Read a transcript of this episode on our website:
https://www.democracyatwork.info/eu_t...
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Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. Available as a paperback now!
www.democracyatwork.info/books
"Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges
Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism"
http://www.lulu.com/spotlight/democra...
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Prof. Wolff's books with d@w: "Understanding Socialism" and "Understanding Marxism"
http://www.lulu.com/spotlight/democra...