Economic Update: The Great American Purge [Trailer]
1,646 views · Published 11 December 2018 · 1:01 · Indexed 19 October 2026
Channel: Democracy At Work · 2018 · News & Politics
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The program begins by explaining the economics behind the great US anti-leftist purge (“McCarthyism”) after 1945. It then shows the economic impacts of that purge over the last half century. Finally, it explains how that history produced a very different political response to the crash of 2008 compared to FDR’s response to 1929.
To watch the full episode:
https://www.youtube.com/watch?v=F2NNxyxc2Ao&t=877s
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