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.

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Capitalism Economic Update Inequality Richard Wolff Solution United States US Capitalism

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