April 16, 2024

“The Attitude” is one-hour, and is available on Audioport at: http://audioport.org/index.php?op=series&series=Attitude+with+Arnie+Arnesen& Today’s show features: A conversation with Jonathan Nitzan Prof. of Political Economy at York U. (http://bnarchives.yorku.ca/) and Dan Kervick economics writer & thinker at ruggedegalitarianism.wordpress.com “Profit from Crisis: Why Capitalists Do Not Want Recovery, and What That Means For America” by Jonathan Nitzan and Shimshon Bichler ABSTRACT:Can it be true that capitalists prefer crisis to growth? On the face of it, the idea sounds silly. According to Economics 101, everyone loves growth, especially capitalists. Profit and growth go hand in hand. When capitalists profit, real investment rises and the economy thrives, and when the economy booms the profits of capitalists soar. Growth is the very lifeline of capitalists — or is it? arnie arnesen host follow her on twitter @pchowder susan bruce in house blogger follow her at susanthebruce.blogspot.com KEEPING THE POT STIRRED SO SCUM DOESN’T RISE TO THE TOP – Anonymous