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A Libertarian and a Marxist Response to the Power of Corporatism
from Boom Bust
Our lead story: On Tuesday, Greece’s stock market fell a massive 13% – the worst single day fall since 1987. And the yield on Greek sovereign bonds vaulted up 70 basis points or 7/10ths of a percent in a single day. Greece is back in crisis, and the reason this crisis exists is because none of the issues surrounding Greece’s economy were ever resolved in the first place. Edward weighs in.
Then, Edward sits down with Don Boudreaux, professor of economics at George Mason University and senior fellow at the Mercatus Center. Don gives us his take on why only one percent of midterm voters polled the US economy as “excellent” and why the social mood in America seems weak. He breaks down what the right response to corporatism should be from a market-based approach.
After the break, Edward is joined by Richard Wolff, visiting professor of international affairs at The New School. As Boudreaux’s academic opposite, Wolff gives us a different take on why Americans don’t feel generally positive about the economy. He also expresses his view on how best to deal with big business and big government working together against the interest of citizens.
And in The Big Deal, Edward is joined by RT correspondent Ameera David to discuss Amazon and Facebook’s move into understanding our offline habits. Take a look!
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Source: http://financialsurvivalnetwork.com/2014/12/a-libertarian-and-a-marxist-response-to-the-power-of-corporatism/?utm_source=rss&utm_medium=rss&utm_campaign=a-libertarian-and-a-marxist-response-to-the-power-of-corporatism
