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Economic Update: Capitalism, Revolution and Socialism

This week’s episode discusses capitalist failures and more.

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This week’s episode discusses major capitalist failures, buying senators on health care, the opioid crisis’ effects on insurance and on labor force participation, price gouging in emergencies, and income inequality in the US. This episode also includes a discussion on the 100th anniversary of Russian Revolution in 1917 and how to apply the lessons of the USSR’s economic history to 21st century socialism.

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