This week on Economic Update, Professor Wolff responds to a criticism aimed at how many focuses too much on the transition from capitalist firms to worker co-op firms with too little attention paid to the larger social changes needed to move towards a worker-owned economy and thusly, beyond capitalism.
Professor Wolf answers this criticism by discussing the broader social changes necessary to sustain a worker co-op based economy.
Including the economic tools our government could use to sustain an economy-wide sharing of profits and resources as deemed necessary by the people participating in, working and creating in, the industries they as employees could and would control.
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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