Pledge-O-Rama Returns April 19th through April 26th - dig deep and support great Campus & Community Radio in Winnipeg!

Listen Live

On-air now: Latin Explosion! 2:00am–4:00am

Up next: Full Moon Hacksaw 4:00am–6:00am

Program Directory

Alternative Radio

Yanis Varo­ufakis — How Cap­i­tal­ism Works: The lat­est phase of Cap­i­tal­ism, neolib­er­al­ism, has left a train wreck in its wake. It’s pro­duced a new Gild­ed Age. The gap between the­o­ret­i­cal Cap­i­tal­ism and its actu­al work­ings is jaw drop­ping. The chasm is a far cry from the cours­es in eco­nom­ics taught in col­leges and uni­ver­si­ties. We are told the sys­tem relies on the mar­ket. In fact, it depends heav­i­ly on gov­ern­ment inter­ven­tion. When the big cap­i­tal­ists are in trou­ble states are there to bail them out. Real­ly exist­ing Cap­i­tal­ism works for the few at the expense of the many. Look at the Trump tax cut. Epic lev­els of inequal­i­ty are not just in the U.S. but are world­wide. An Oxfam report says, 82% of the wealth gen­er­at­ed in 2017 went to the rich­est 1%, while 3.7 bil­lion peo­ple, the poor­est half of the world, saw no increase in their wealth.