2021-02-22 12:22:54

Economic Update: Why Capitalism Reproduces Inequality & a Solution

The extreme economic inequalities of both global and US capitalism are not new or exceptional. Capitalism reproduces inequality and repeatedly blocks or reverses redistribution efforts. Inequality stems from capitalist enterprises' internal organization: a tiny minority, employers, with dominant, unaccountable power enriches itself at the expense of all others, the employee majority. To overcome capitalism's inequality requires democratizing its enterprises' organizations.

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.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change.#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling and online at freespeech.org.

Capitalism Economic Update Inequality Richard Wolff Solution United States US Capitalism

Related

Democracy Now!

Democracy Now! | The Death Toll In Gaza Continues To Grow

Democracy Now! | The Death Toll In Gaza Continues To Grow

Democracy Now!

Why No Insurrection Charge? Ralph Nader on How Trump Could Still Be Reelected Unless DOJ Acts

Why No Insurrection Charge? Ralph Nader on How Trump Could Still Be Reelected Unless DOJ Acts

Democracy Now!

“While We Watched”: New Film Spotlights Journalist Ravish Kumar’s Fight for Truth in Modi’s India

“While We Watched”: New Film Spotlights Journalist Ravish Kumar’s Fight for Truth in Modi’s India

Democracy Now!

Months Before Death, Daniel Ellsberg Warned Crisis over Ukraine & Taiwan Could Lead to Nuclear War

Months Before Death, Daniel Ellsberg Warned Crisis over Ukraine & Taiwan Could Lead to Nuclear War

Proud Partners