WWKMD?, Episode 3: Marx in Manhattan: The Stock Market Mirage

Imagining Karl Marx in 21st-century America, this episode argues that record stock market highs reveal capitalism's drift into "fictitious capital"—wealth detached from real labor, driven by speculation, algorithms, and state support.

It examines how market gains concentrate wealth, mask stagnant wages and housing crises, bind workers to the fortunes of capital through retirement schemes, and serve as a warning of deeper systemic contradictions and a looming crisis.