Chronic Capitalist Crisis Explained
by Prof. Richard Wolff
Capitalism is fragile. It is not a secure and solid system. And capitalists know this. They just don't let their media or politicians acknowledge it."
The lack of stability of the capitalist system and its recurring crises are both inevitable and hard-wired in its core dynamic and social relations, argues Prof. Wolff in this comprehensive and at times semi-satirical chat.
Richard D. Wolff: Crisis – It’s How Capitalism Works
Richard Wolff's talk is a splendid introduction and thorough explanation for the way capitalism operates in the real world, and why immensely costly crises with massive social disruption and suffering cannot be avoided under its regimen.