Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Tuesday 14 May 2019
Markets Can’t Save Us from Retail-less Economy
Dr. Jack Rasmus, professor of political economy, joins Rick Sanchez to discuss the ongoing restructuring of the US economy and how it enriches big businesses at the expense of ordinary people, whose jobs will continue to disappear. He says “the financialization of the global economy is getting worse” and that unregulated markets are incapable of rescuing Main Street or averting the coming economic crisis.
