Capitalism in Crisis: What the Hell is a K-Shaped Recovery?? The Fraud of Capitalist Economics

Capitalism in Crisis: What the Hell is a K-Shaped Recovery?? The Fraud of Capitalist Economics

On this week's episode of The Socialist Program's regular segment "Capitalism in Crisis" with Prof. Richard Wolff, we discuss the economy's "K-Shaped" recovery -- in which one section of society bounces back from the pandemic but the majority of people see their living standards and prospects for the future continue to decline.

Richard Wolff is the co-founder of the organization Democracy at Work and the author of many books, the latest being "The System is the Sickness: When Capitalism Fails to Save Us from Pandemics or Itself." You can check out his work at rdwolff.com.

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