A People's Guide to Capitalism with Hadas Thier
Upstream
Upstream
4.9 • 2.1K Ratings
🗓️ 20 January 2022
⏱️ 58 minutes
🧾️ Download transcript
Summary
Why do so many of us often feel like shit when we leave work? Where does that ambient feeling of alienation come from? That nagging sense that we've somehow been taken advantage of? That subtle anger — or sometimes even outright hatred — many of us feel towards our supervisors, our managers, our bosses? And why — despite devoting the majority of our waking hours to "making a living" — does it still feel like we're always one emergency away from financial ruin? A lot of people these days are starting to seriously question the political-economic system we live under. And if you're someone who listens to this podcast, you're probably already well aware of the faults and, really, the horrors of this system that we're all imprisoned in: capitalism. Although it's relatively easy to critique capitalism through our lived experiences of it, it's not always as easy to frame those critiques and those nagging feelings into economic language or a political framing. Canonical texts like Marx's Capital can be fairly opaque and inaccessible, and oftentimes, even among those who study it, capitalism can be difficult to pin down.
What is it, exactly? What is it not? And what precisely is that thing that we often think of as its opposition: socialism? In this Conversation, we've brought on someone who can explain all of that. Hadas Thier is the author of "A People's Guide to Capitalism: An Introduction to Marxist Economics," published by Haymarket Books. In this Conversation, Hadas Thier will help us break down capitalism into its most fundamental components — and not in an overly technical way, but in a manner that situates it within historical and modern day events and processes — and which hopefully provides you with a pretty comprehensive and compelling explanation as to why we're all feeling so exploited, alienated, and imprisoned in this oppressive and life-denying set of operating principles and beliefs we know as capitalism.
This episode of Upstream was made possible with support from listeners like you. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support
If your organization wants to sponsor one of our upcoming documentaries, we have a number of sponsorship packages available. Find out more at upstreampodcast.org/sponsorship
For more from Upstream, visit www.upstreampodcast.org and follow us on Twitter, Instagram, Facebook, and Bluesky.
You can also subscribe to us on Apple Podcasts, Spotify, or wherever you listen to your favorite podcasts.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Before we get started on this episode, please, if you can, go to Apple podcasts and rate, |
| 0:04.7 | subscribe, and leave us a review there. |
| 0:07.0 | It really helps us get in front of more eyes and into more ears. |
| 0:10.9 | We don't have a marketing budget or anything like that for upstream, so we really do rely |
| 0:15.0 | on listeners like you to help grow our audience and spread the word. |
| 0:19.1 | And as always, please visit upstreampodcast.org forward slash support to support us with a |
| 0:24.6 | reoccurring monthly or one-time donation. |
| 0:27.6 | It helps keep this podcast free and sustainable, so please, if you can, go there to donate. |
| 0:33.0 | Thank you. |
| 0:34.0 | Oh, as soon as you clock in, your time and what you do with that time is not your own. |
| 1:01.8 | What ever gets produced in that time is not something that you have any control or power |
| 1:07.2 | over, nor is the conditions under which you're producing those things under your control. |
| 1:13.5 | Capitalism takes the most human characteristic, right, that of labor. |
| 1:18.4 | Human beings have always labored for as long as humans existed to survive, to remake |
| 1:24.5 | our environment, and so on. |
| 1:27.0 | Capitalism takes something that's really at the very core of who we are and alienates |
| 1:31.1 | it from us. |
| 1:32.1 | You are listening to upstream upstream upstream upstream a podcast of documentaries and |
| 1:39.2 | conversations that invites you to unlearn everything you've thought you knew about economics. |
| 1:44.6 | I'm Dela Duncan and I'm Robert Raymond. |
| 1:47.5 | If you're someone who regularly listens to this podcast, you are likely well aware that |
| 1:52.4 | capitalism is often what we find when we go upstream to the root causes of the material, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Upstream, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Upstream and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.
