Weekly Favorites — June 12, 2016

In today’s world we are living in times of capitalism, but what is capitalism exactly?

One of the biggest threats in our society? a standard with some problems? or the best way to wealth for more and more people?

Wacht our favorites of the week to find out.

Favorite Nr. 1

Have you wondered why politicians aren’t what they used to be, why governments seem unable to solve real problems? Economist Yanis Varoufakis, the former Minister of Finance for Greece, says that it’s because you can be in politics today but not be in power — because real power now belongs to those who control the economy. He believes that the mega-rich and corporations are cannibalizing the political sphere, causing financial crisis. In this talk, hear his dream for a world in which capital and labor no longer struggle against each other, “one that is simultaneously libertarian, Marxist and Keynesian.”

Favorite Nr. 2

Is capitalism moral or greedy? If it’s based on greed and selfishness, what’s the best alternative economic system? Perhaps socialism? And if capitalism is moral, what makes it so? Walter Williams, a renowned economist at George Mason University, answers these questions and more.

Favorite Nr. 3

Michael Moore’s Capitalism: A Love Story comes home to the issue he’s been examining throughout his career: the disastrous impact of corporate dominance on the everyday lives of Americans (and by default, the rest of the world).

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