2020-05-06 16:18:27
From May Day 1886 to 2020, workers wage long, hard struggles to reform capitalism.
From the fight for an 8-hour workday to the fight for a safe, Corona-free workplace now.
Employers block and delay reforms, and try to undo them once won.
They use what capitalism gives them: dominant power, incentive (profit), and means (profits). If we change the system from capitalist to worker-coop, workers alone democratically make and secure reforms.
Employers, the constant enemy of reform, vanish as a separate group dominating society.
Economic Update with Richard D. Wolff takes complex economic issues and makes them understandable, empowering listeners with information to analyze not only their financial situation but the economy at large.
By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program explores alternative ways to organize markets and government policies.
Missed an episode? Check out Economic Update on FSTV VOD anytime or visit the show page for the latest clips.
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