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Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

(2014/11/25) Capitalism will not set you free (Economics) (Repost)

Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

Jay Tomlinson

Politics, News Commentary, News

4.53.4K Ratings

🗓️ 27 November 2015

⏱️ 72 minutes

🧾️ Download transcript

Summary

Edition #879

Today we take a look at some of the underlying problems with capitalism and their repercussions
Be part of the show! Leave a message at 202-999-3991

Show Notes

Ch. 1: Opening Theme: A Fond Farewell - From a Basement On the Hill

Ch. 2: Act 1: Can Money Buy Happiness? - AsapSCIENCE - Air Date: 12-20-12

Ch. 3: Song 1: Spend - Try to Be Here


Ch. 4: Act 2: Unregulated Capitalism and the Persuit of Happiness... - @Thom_Hartmann - Air Date: 11-12-14

Ch. 5: Song 2: Mo Money Mo Problems (feat. Mase & Puff Daddy) - Life After Death (Deluxe Version)


Ch. 6: Act 3: Capitalism is fundamentally undemocratic - Economic Update with @profwolff - Air Date: 11-10-14

Ch. 7: Song 3: Capitalism - Capitalism (feat. Bajka) - EP


Ch. 8: Act 4: Thoughts on a basic guaranteed income - @RalphNader Radio Hour - Air Date: 10-20-14

Ch. 9: Song 4: American Way - Essential Masters


Ch. 10: Act 5: Triangle Returns - Institute for Global Labour and Human Rights - Air Date: 03-22-11

Ch. 11: Song 5: Going Home - The Talks


Ch. 12: Act 6: Dr. King's "Bill of Economic and Social Rights" - @Thom_Hartmann - Air Date: 01-21-14

Ch. 13: Song 6: America First - Chicago Wind


Ch. 14: Act 7: Protest Black Friday - Best of the Left Activism

Ch. 15: Song 7: Right to Complain - Backatown (Bonus Track Version)


Ch. 16: Act 8: When Your Workers Want Rights Just Pay Off A Politician - @theyoungturks - Air Date: 09-18-14


Voicemails

Ch. 18: Asking for thoughts on medical personnel strikes - Peter from Little Rock, AK

Ch. 19: The importance of turnout - Ben from New Jersey

Voicemail Music: Loud Pipes - Classics


Ch. 20: Final comments on the evolution of political and economic systems

Closing Music: Here We Are - Everyone's in Everyone


Activism: Protest Black Friday, #BND/#WalmartStrikers

Take Action:

Participate by not participating: Buy Nothing Day #BND via Adbusters

Follow and support Walmart Strikers via #WalmartStrikers on Twitter and Black Friday Protests

Sources/further reading:

"Sit-Down Strike at Walmart and Win? It's Been Done” via Huffington Post

"Letter: Working and middle class should support fast food workers” via Fight For $15

"Poll: Should retailers remain open on Thanksgiving?” with Steven Greenhouse on PBS Newshour

Watch: "This Black Friday, Workers to Challenge the Waltons” via OUR Walmart

Written by BOTL social media/activism director Katie Klabusich


Produced by Jay! Tomlinson

Thanks for listening!

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Contact me directly at Jay@BestOfTheLeft.com

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Transcript

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0:00.0

This program is made possible by the members and donors to the show for details visit the

0:06.4

membership tab at BestOfTheLifetime.com.

0:08.8

Now, welcome to the award-winning BestOfTheLifetime podcast with Clipsidae from ASAP Science,

0:13.8

the Tom Hartman program, Economic Update with Richard Wolf, the Ralph Nader Radio Hour,

0:18.7

the Institute for Global Labor and Human Rights, Activism for Buy Nothing Day, and The Young

0:24.4

Turks.

0:30.0

While many of us go through life with the pursuit of money on our minds, we're often told

0:33.8

that money can't buy happiness.

0:36.0

But what truth is there in this saying, is there a correlation between money and happiness,

0:40.5

and if so, how can we use it to our advantage?

0:43.5

Humans are very sensitive to change when we get a raise or commission we really enjoy it,

0:48.0

but we adapt at incredible speeds to our new wealth.

0:50.9

Some studies have shown that in North America, additional income beyond $75,000 a year

0:56.0

ceases to impact day-to-day happiness.

0:58.5

In fact, people who win the lottery often report becoming extremely unhappy.

1:03.2

They often end up spending all the money going into debt and experienced ruined social

1:07.3

relationships.

1:08.3

So, surely money can't really buy happiness.

1:11.2

Well, recent studies suggest that the problem may actually be in the way that we spend money.

1:16.2

Instead of buying things for yourself, try giving some of it to other people and see

1:19.9

how you feel.

1:21.4

Studies show that people who spend their money on others feel happier, and while people

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