Recorded January 10, 2015 — Chicago DSA members and Chicago Political Economy Group founding members Ron Baiman and Bill Barclay do a review of the 2014 economy and look ahead to 2015.
The financial sector may be back, but wages have not grown; there’s no real surge in investment: It’s still stagnation.
Is this a permanent condition? Baiman and Barclay look at the work of New School economist Lance Taylor in response to Thomas Piketty that suggests that, unless countered by vigorous public policy or very fortunate circumstances, stagnation may be be our future.
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Talkin' Socialism 