Stagnant Wages, Rising Productivity, and Unemployment as Ideological Problem

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Produced by: 
KBOO
Air date: 
Mon, 03/10/2014 - 12:00am
CounterPunch reading on on economic growth as the wrong cure for problems caused by economic growth.
Tom Becker reads a CounterPunch article by Geoffrey MacDonald, "The Revolving Door of Unemployment". MacDonald argues against the fallicious logic that tries to solve problems created by economic growth, like stagnating wages and unemployment, with MORE economic growth.

Geoffrey has been on the Old Mole before and is an editor at Ruthless Criticism.


 

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