Richard Wolff: Global Capitalism March 2014 Monthy Update: Obama and the Economy

[marmar]

by Richard Wolff.
PUBLISHED ON MARCH 11, 2014

Professor Wolff examines what Obama did, did not do, and aims to do in the face of ongoing economic crisis. Other major topics include the attack on employee pensions and the growing interest – in New York, the U.S. and globally – in worker cooperatives as alternatives to capitalist enterprises.

[Frustratedlady]

1. Long, but very interesting.

I'm not familiar with Wolff at all, but I did learn quite a bit by listening to him. We all know things must change to regain what is owed to us from the 1% and to stop these insane CEO wages/perks, as well as all the bonuses...bring the money back to the middle class that earned it through sweat and labor, not by inheriting, nepotism or the good ol' boy concept of falling into a plushy job. Those days are surely drawing to a close through shaming and shunning. No one needs millions/billions per year to survive and should be shamed for earning more than their talents are worth.

How?

[BelgianMadCow]

2. Happy 5th - Wolff is well worth your time

after all, exposing the systemic problems of the entire economy ànd proposing alternatives is no small feat.