Economic Update: System Badly Broken

This episode provides updates on Kshama Sawant’s victory in Seattle, fines for defective products, slowing wages, Puerto Rico as the “US Greece,” the economics of refugee tragedies and crooked banks’ fall guys. We also respond to questions regarding worker self-management. Finally, we give an in-depth critical analysis of Germany’s economic strength today, and how and why political economy of capitalism is basically irrational.

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