A Patron of Economic Update asks: "I am very interested in the labor movement and am curious about your opinion on co-ops within academia. I recently emailed Noam Chomsky and asked him what he thinks about the idea. He replied that the problem would be how to survive in a market society, as we don’t want universities to be selling products. I then asked if he thinks universities would be able to survive on federal grants and he replied, 'wouldn’t come close.' Do you think it’s feasible? Or even a good solution for academic workers?"
This is Professor Richard Wolff's video response.
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“Hennelly brilliantly analyzes our capitalist crises and how individuals cope with them, tragically but often heroically. He helps us draw inspiration and realistic hope from how courageous Americans are facing and fixing a stuck nation.”
- Richard D. Wolff