Capitalism

  • 10.24.17

    How to End Croney Capitalism

    The largest corporations and richest people in America - who donated billions of dollars to Republican candidates the House and Senate in the 2106 election - appear on the way to getting what they paid for: a giant tax cut....

    The largest corporations and richest people in America – who donated billions of dollars to Republican candidates the House and Senate in the 2106 election – appear on the way to getting what they paid for: a giant tax cut.

  • 12.01.15

    Saving Capitalism

    UC Berkeley economist Robert Reich reveals how power and influence have created a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in 80 years. Citing his latest book, "Saving Capitalism: For the Many, Not the Few," Goldman School of Public Policy Professor R...

    UC Berkeley economist Robert Reich reveals how power and influence have created a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in 80 years. Citing his latest book, "Saving Capitalism: For the Many, Not the Few," Goldman School of Public Policy Professor Reich lays out what he argues must be done to restore democracy and rebuild the US economy. Reich is the featured speaker for the 7th annual Michael Nacht Distinguished Lecture in Politics and Policy. Recorded on 12/01/2015. (#30462)

  • 08.31.14

    Nick Hanauer: Beware, Fellow Plutocrats, The Pitchforks Are Coming

    In this video, "0.1%-er", Nick Hanauer talks about capitalist economies and why the notion that enriching the rich is best for the country is completely wrong. He argues that a system where the rich have everything and the poor have nothing is inherently unstable, and instead, when wages are raised for the lower a...

    In this video, "0.1%-er", Nick Hanauer talks about capitalist economies and why the notion that enriching the rich is best for the country is completely wrong.

    He argues that a system where the rich have everything and the poor have nothing is inherently unstable, and instead, when wages are raised for the lower and middle classes (specifically the minimum wage) those people have the money to spend on things that they would not have otherwise been able to buy (e.g. if restaurants pay their workers enough to be able to eat out at restaurants, that is great for the restaurant business.) 

    Hanauer states that capitalism is the best system out there, but that it is inherently flawed to benefit the rich and therefore needs to be regulated so that this country can benefit all that live in it.