Economic Update: Capitalism, Inequality and Martin Luther King

This episode looks at Detroit’s water shut-offs, corporations prioritizing profit at people’s expense, US Senators making money, the economics of Ebola and hedge funds that pay fines with pensioners’ money. We also interview Dr. Obery Hendricks, Jr., who discusses Martin Luther King, Jr.’s lifelong criticism of capitalism and preference for democratic socialism. Finally, we respond to listeners’ questions on the economics of the disabled (productivity and wages) and a reduced 2014 deficit in the US.

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