Episode 6: Underconsumption

Capitalism is full of contradictions, making it a fragile and unstable system. Take a look at how underconsumption functions in capitalism and how it fits into the crises around us.

Episode 6 – Underconsumption

Marxism Today Podcast


About marxismpodcast

Marxism Today is podcast series designed for beginners and newbies to Marxist theory. The podcast will introduce you to certain topics and ideas central to Marxism and it will show you how Marxist theory can be applied to specific issues in order to understand them.
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One Response to Episode 6: Underconsumption

  1. Scott Fraser says:

    Hi Red,

    I’ve become a big fan of your podcast over the past year. I live in Toronto, Canada and something has struck me as being contradictory in what we’re being told by our leaders. On the one hand, the national and many of the provincial governments are in the process of passing austerity budgets of varying severity. In contrast, Canadians have been told ad nauseum about how much better Canada has done in comparison to other advanced capitalist countries during the downturn. That doesn’t jive with me. I don’t expect you to get into the nitty gritty of Canadian politics, but I would love to see an episode on “Austerity”. It seems to be the capitalist buzz word of the day and it seems to be crushing the life out of poor and working people all across the west and I’d be interested in hearing your perspective on this. I’m curious if you think austerity measures will set the conditions for a future crisis of underconsumption.

    Best regards!

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