Capitalism in Crisis: Why Do Recessions Happen?

Capitalism in Crisis: Why Do Recessions Happen?

Why does the capitalist economy lurch into a recession every few years with massive unemployment and job losses? Why is the debate between the millionaires in Congress only about whether working families should get $600 or $2,000 in a one-time payment when the banks and corporations already received trillions in subsidies and loan guarantees?

Brian speaks with Richard Wolff, 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.”

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