Tuesday, 25 November 2014 / TRUTH-OUT.ORG

May Day Hits Capitalism

Friday, 04 May 2012 13:51 By Richard D Wolff, RT News | Video

Media

So what's the big picture to today's events? Yes, there's enormous wealth inequality. Yes, the economy still isn't producing wealth for the vast majority of us. Yes, there's Wall Street still making huge profits off screwing over customers. Yes, students are saddled with a trillion dollars in loans. But WHY is all of this happening? Absent of the political will to do this - how will it get done? Through mass rallies like we're seeing today? OR do things have to get really badHere with some answers is Prof. Richard Wolff - professor at New School University and author of numerous books including, "Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It"

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Richard D Wolff

Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). His work is available at rdwolff.com and at democracyatwork.info.


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May Day Hits Capitalism

Friday, 04 May 2012 13:51 By Richard D Wolff, RT News | Video

Media

So what's the big picture to today's events? Yes, there's enormous wealth inequality. Yes, the economy still isn't producing wealth for the vast majority of us. Yes, there's Wall Street still making huge profits off screwing over customers. Yes, students are saddled with a trillion dollars in loans. But WHY is all of this happening? Absent of the political will to do this - how will it get done? Through mass rallies like we're seeing today? OR do things have to get really badHere with some answers is Prof. Richard Wolff - professor at New School University and author of numerous books including, "Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It"

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Richard D Wolff

Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). His work is available at rdwolff.com and at democracyatwork.info.


Hide Comments

blog comments powered by Disqus