Jacobin Radio cover image

The Dig: The Fall of OPEC w/ Giuliano Garavini

Jacobin Radio

00:00

The Impact of the Energy Price Increases on Inflation

Oil price increases contributed at least in some ways to this movement, inflationary pressures. But my sense is that these inflationary pressures affected mostly private capitalist company than they did ordinary workers. And let's not forget that most energy prices, meaning the bills for electricity and the bills for natural gas, were fixed by the governments.

Play episode from 50:18
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app