In this episode of The Zero Hour with RJ Eskow, Richard Wolff shares insights on global wealth inequality highlighted in recent studies from Oxfam and Wilkinson and Pickett. The interview discusses how capitalism, once heralded for ideals like equality, has perpetuated deepening inequalities over the years. Addressing the failure of regulated capitalism, Wolff argues that the system allows the wealthy to capture regulators, hindering effective change. The conversation delves into how the education system and societal structures contribute to intellectual inequality, limiting diverse perspectives and perpetuating existing power structures. Finally, a personal anecdote from Wolff sheds light on the delusions of grandeur that perpetuate inequality among those at the top of the hierarchy.
