HOW IS OMICRON GOING TO AFFECT THE ECONOMY?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 22 December 2021
⏱️ 59 minutes
🧾️ Download transcript
Summary
Economist and co-founder of Democracy At Work, Professor Richard Wolff joins Thom to discuss whether the Omicron variation will damage the economy. All the players in the capitalist economy are trying to blame Covid for their own failures. It isn’t Covid, it is bad business.
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Transcript
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| 0:28.1 | iHeartRadio |
| 0:42.7 | This is the Tom Hartman program. |
| 0:47.1 | And welcome back, Tom Hartman here with you. |
| 0:50.0 | Let's check in with our old buddy professor, Richard Wolf, the economist, co-founder of Democracy at Work.info, |
| 0:56.5 | author of numerous books, his most recent, The Sickness is the system when capitalism fails to save us |
| 1:02.1 | from pandemics or itself, also now available as an e-book. |
| 1:05.8 | Democracy at Work.info, RDWolfFoot2Fs.com and ProfWolfFoot2Fs over on Twitter. |
| 1:11.4 | Professor Wolf, welcome back. |
| 1:12.8 | We've got Omicron, you know, staring down our throats, the county where I live talking about, |
| 1:18.2 | hey, you know, make sure you've got a month's worth of groceries, people getting battened on the hatches. |
| 1:24.4 | What is this going to do to the economy? |
| 1:26.1 | What has Omicron or what has COVID done in the larger context to the economy? |
| 1:32.1 | Are there historical parallels? |
| 1:33.9 | People are making inflation parallels to the end of World War II, for example, |
| 1:38.0 | you know, with supply chain disruptions and whatnot. |
| 1:40.5 | Give us the big picture here and then also the micro view of what we can expect over the next few months. |
... |
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