Economic Update - Capitalism’s Unemployment Problem

25Apr

Capitalism's recurring unemployment problem was never solved and makes the system fundamentally unstable. Today's high levels of unemployment are hugely costly in both human and financial terms. We analyze why capitalism prepares so poorly for and then endures its recurring unemployment. We also examine several alternatives to unemployment that would serve society better but threaten capitalism.

Economic Update - Virus Triggers Capitalist Crash

18Apr

Analysis (part 1): how, why capitalism - especially in US - failed to prepare for or cope with a virus thereby enabling it to trigger another crash of capitalism (third this century: dot.com in 2000, sub-prime mortgage in 2008). Analysis (part 2): how to respond to crash better than the US govt by emphasizing re-employment in millions of new jobs rather than unemployment, emphasizing worker-coops, etc.

Economic Update -The Psychological Aspects of Today’s Crises

11Apr

Social divisions undermine the solidarity needed to fight both virus and economic crash: an analysis. A sense of out-of-touch, non-caring, inconsistent leaders provokes millions to feel society is literally falling apart. Widespread loneliness and powerlessness are psychological factors making the existing crisis worse. The mental health profession has important knowledge to contribute on how to understand and respond creatively to the psychological aspects of today's crises. We talk with Tess Fraad-Wolff, psychotherapist practicing in New York City for the last decade.

 
 

Economic Update - Corona and Our Mental Health

3Apr

The Corona virus's threat to physical health is clear. Far less well known are the virus's serious impacts on mental health (loneliness, depression, feelings of isolation, anxiety) worsened by the total failure of private and government leaders to anticipate, prepare for, or cope with the pandemic. With Dr. Harriet Fraad we explore the psychological costs of the  pandemic and some ways we can better cope with them.

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