Economic Update: Capitalism's Unemployment Problem
- Daniel Niswander
- Informational Talk Show
- [S10 E17] Capitalism's Unemployment Problem Capitalism's recurring unemployment problem was never solved and makes the system fundamentally unstable. Today's high levels of unemployment are hugely costly in both human and financial terms. On this week's episode we analyze why capitalism prepares so poorly for and then endures its recurring unemployment. We also examine several alternatives to unemployment that would serve society better but threaten capitalism.