"We didn't have a federal jobs program, and the business community clapped, because their biggest fear, their worst nightmare, is a government offering good jobs to millions of unemployed people. Oh yes, on the 4th of July our business leaders give speeches about the wonders of competition, but they don't want competition from the government." - Richard Wolff
To mark Economic Update's 10th anniversary year, Professor Wolff is revisiting relevant moments from 10 years ago to explore how capitalism, its defenders, and its critics have all changed.
For the month of May, Prof Wolff takes a look at unemployment, an unnecessary state of suffering for American citizens, and our American society that so badly needs a wide array of work to be done.
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Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself," now available. Visit us at www.democracyatwork.info/books
"Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges
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