In this episode of Capitalism Hits Home, Dr. Fraad traces a brief history of the rise and fall of the American empire. Throughout much of the 20th century, the US was the dominant global power, with strong unions, social programs, and a strong currency. Today, our wealthiest people are barely taxed, social services are weak, hunger and poverty are worse than ever, and the dollar is losing its primacy. How did we get here? How can we face this shift in global power and move forward? Dr. Fraad explores these questions. Correction: Judy Garland’s death was never confirmed a suicide, but she was persecuted as a part of the communist party.

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