Economic Update with Richard D. Wolff

Why Capitalism Reproduces Inequality and a Solution

02.18.2021 - By Democracy at Work - Richard D. WolffPlay

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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.

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