Can Capitalism Work Forever?

One of the strategies of capitalism is to make raw materials and labor as inexpensive as possible in order to maximize profits. UT-Austin professor Raj Patel joins us to talk about how crises throughout history have actually helped capitalism thrive by making things cheaper. His new book is called “A History of the World in Seven Cheap Things: A Guide to Capitalism, Nature and the Future of the Planet” (University of California Press).