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Green Majority Radio

The limits of capitalism

May 9, 2016
| Discussing capitalism, and the idea that our system seems to be based on a faulty belief that we have infinite resources.
Length: 53:09 minutes (72.82 MB)
Image: Flickr/Jeremy hunsinger
| April 29, 2016
Image: YouTube
| March 14, 2016
Redeye

Bernie Sanders campaign shows socialism has a future in the U.S.

March 7, 2016
| Richard Wolff says whether or not Bernie Sanders gets the Democratic nomination, his campaign has been a success. He has proved that millions of Americans aren't afraid to call themselves socialists.
Length: 16:01 minutes (14.67 MB)

Is Canada back? Not if austerity dominates and capitalism isn't confronted

The Servant State: Overseeing Capital Accumulation in Canada

by Geoffrey McCormack, Thom Workman
(Fernwood Publishing,
2015;
$22.95)

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Not Rex: On the Flint Michigan water crisis

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After taking office in 2011, Governor Rick Snyder decreed tax cuts for corporations and the wealthy and cuts pensions and "other efficiencies" to pay for them.

One of these efficiencies was to force residents to drink out of the Flint river instead of Lake Huron. Ever since, Flint's tap water has been loaded with lead.

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Not Rex: Journalists lose their jobs while the bosses get millions

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Ninety journalists at Postmedia papers lost their jobs. The bosses got a million in bonuses.

Oh Well! Creative destruction was kind of a poetic ending for capitalist hacks.

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Columnists

Capitalist fright: Stock prices collapse as 2016 begins

Photo: Ahmad Nawawi/flickr

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Start with money: bank loans and cash from family or other sources. For a firm or business, this represents its capital.

Use the capital to employ people to make a product or provide a service and sell it for more money -- i.e. profit -- so the capital grows.

As capital grows, what is owned by capitalists represents equity, and this ownership capital can be sold in shares on the stock market.

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Image: Flickr/Mike Hoff
| January 8, 2016

'Economics for Everyone' is a handbook for the 99%

Economics for Everyone, Second Edition: A Short Guide to the Economics of Capitalism

by Jim Stanford
(Pluto Press, CCPA and Fernwood Publishing,
2015;
24.95)

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Keep Karl on Parl

I'm not an economist. Despite a very basic introduction to economics course, I will sheepishly admit that my eyes glaze over at the slightest mention of per capita expenditures or financial derivatives.

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