The Economy is Rigged & Economics is Wrong (Ft. Unlearning Economics)

Listen to this episode from 1Dime Radio on Spotify. In this week’s episode, I am joined by Dr. Cahal Moran, the man behind the YouTube channel “Unlearning Economics,” and author of the recent book  “Why We're Getting Poorer: A Realist’s Guide to the Economy and How We Can Fix It.” In this podcast, I ask Cahal how he went from being an economist to debunking “Basic Economics” on YouTube. We also talk about modern China, the future of capitalism, what the left and right get wrong when it comes to Economics,   “Marxism without the rubbish bits,” and possible solutions to our chronic crisis. In The Backroom exclusive podcast on Patreon, Cahal and I discuss Modern Monetary Theory (MMT), UBI vs the Job Guarantee, the prospects of Economic Planning, Worker-Co-ops, and the question of “socialist” alternatives to capitalism. Become a Patron at ⁠Patreon.com/OneDime⁠ if you haven’t already!Timestamps: 00:00 Why Succession is Anti-Capitalist (The Backroom Preview)03:15 Cahal Moran: The Mind Behind Unlearning Economics05:35 Breaking from Mainstream Economics08:20 What “LeftTube” Lacks 12:43 The Myths of “Basic Economics”17:22 The Impact of YouTube on Economic Discourse25:34 Has Capitalism Made Us Richer or Poorer? 33:40 China's Economic Model and Global Comparisons44:40 Germany's Economic Model vs the UK: Challenges47:36 The EU and Brexit52:17  Modern Monetary Theory (MMT)01:03:27 Land Value Tax: A Viable Policy 01:20:20 Addressing Inflation01:27:49 How Does Cahal Identify Politically? 01:39:08 Transition to The BackroomCheck Out Cahl’s Book:  https://www.amazon.com/Why-Were-Getting-Poorer-bestelling-ebook/dp/B0DD26S8VRCheck out Unlearning Economics on YouTube: https://www.youtube.com/@unlearningeconomics9021/featuredFollow me on X: https://x.com/1DimeOfficial: Follow me on Instagram: ⁠instagram.com/1dimeman⁠Check out my main channel videos: https://www.youtube.com/@1DimeeOutro Music by Karl CaseyGive 1Dime Radio a 5-star Rating if you enjoy the show!Leave a like and a comment if you enjoy the show!