Why We Can’t Afford the Rich

Level: leicht
Andrew Sayer | The Majority Report with Sam Seder, 2015

Perspektive: Marxistische Politische Ökonomik
Thema: Ungleichheit
Format: Interview, Dauer: 00:27:08
Link: https://www.youtube.com/watch?v=uVP_ymo9hR4

In this radio interview, Andrew Sayer first outlines some features of neoliberalism and policies that are associated with it. Then a difference between wealth creation via investment and wealth extraction by means of lending money to those deprived of it or by acquiring property such as real estate or financial assets on the secondary market as absentee owner is established. In this context reference is made to J.A. Hobson's concept of "improperty." Finally, there are some words on the power dynamics associated with capitalism and its relation to climate change.