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The Truth about American Capitalism: How the System Fails the People in Supply and Demand Crises
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Manage episode 286913529 series 2560991
Capitalism, done the American way, has a way of messing up with people when it comes to serious supply and demand situations. We have seen this unfold during the early days of the pandemic, when the government tried to structure its messaging in such a way that people wouldn’t panic-buy masks and short the supply, which was very much needed by health workers. We have seen it again more recently when Texas stores literally had their shelves emptied by weather-panicked citizens. These situations often put to question the American public’s conception of the relationship between capitalism and government regulation – a discussion that often devolves into a fruitless tug-of-war in the capitalist-socialist dichotomy. How will this dynamic play out during the current efforts at vaccine distribution? Bill Stierle and Tom see some parallels that are quite interesting to explore. Join them as they share their thoughts.
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229 ตอน
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on July 26, 2023 11:20 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 286913529 series 2560991
Capitalism, done the American way, has a way of messing up with people when it comes to serious supply and demand situations. We have seen this unfold during the early days of the pandemic, when the government tried to structure its messaging in such a way that people wouldn’t panic-buy masks and short the supply, which was very much needed by health workers. We have seen it again more recently when Texas stores literally had their shelves emptied by weather-panicked citizens. These situations often put to question the American public’s conception of the relationship between capitalism and government regulation – a discussion that often devolves into a fruitless tug-of-war in the capitalist-socialist dichotomy. How will this dynamic play out during the current efforts at vaccine distribution? Bill Stierle and Tom see some parallels that are quite interesting to explore. Join them as they share their thoughts.
Love the show? Subscribe, rate, review, and share!
Join the Purchasing Truth Community today:
229 ตอน
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