What happens when we confuse price with value? We end up undervaluing care. We pollute more. And the financial sector is allowed to brag about how productive it is—while often just moving around existing value, created by others. Most importantly we end up with a form of capitalism that rewards value extraction activities over value creation, increasing inequality in the process.
Marcel Fratscher analyses Germany’s current economy and social situation. There is a lot of interesting information that contradicts what most people believe. Fratscher has some neo-liberal opinions, which one simply has to ignore. Listen here
Yanis Varoufakis, former Finance Minister of Greece, Professor of Economics at the University of Athens, and author of several bestselling books including most recently “Another Now: Dispatches from an Alternative Present,” joins David to discuss […]