Episode 19: GMEing the System
This Podcast is Propaganda
English - January 30, 2021 02:36 - 54 minutes - 75.5 MBPolitics News History capitalism china cuba dprk progressive anticapitalism antiimperialism antiracism communism criticaltheory Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
This is a shorter episode than normal, I've been preparing a mutlipart episode for the last several weeks, so here's a something to tide you over until then!
In this episode I take a look at the interesting situation evolving around the GME (GameStop) stock and the role of internet communities like /r/wallstreetbets and major Hedge Funds like Melvin Capital and Citadel.
Small investors are driving a surge in GME share value, hitting many bourgeoisie investor groups right where it hurts, but is the story as simple as that? Some guy did save his dog though, which is a win in my books either way.
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Show Notes:
Music From - The Coup - 5 Million Ways to Kill a CEO
https://open.spotify.com/track/2zO4tORsvzObeP7B8A8bIB?autoplay=true