Dangerous Ideas: Richard Wolff & Lee Camp on How to Fix The Economy!

In their discussion, Prof. Wolff and Lee Camp address the significant disparity between officially reported low unemployment rates and the fact that housing costs have become evident as unaffordable for the majority of Americans. The need for an immediate boost in wages and a reduction in housing costs is clear. They delve into the concept of workplace democracy, highlighting that corporations are undemocratic in nature and that there's a growing demand for employee empowerment and participation. Additionally, they point out the paradox of tech companies advocating internal collaboration while aggressively patenting their innovations externally, emphasizing the need for a more equitable and democratic economic system that values worker input and nurtures creativity. Their conversation revolves around the urgency for change in workplaces and raises questions about the sustainability of the current economic model.

Watch the segment here.

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