Economist and [email protected] co-founder Richard D. Wolff joined Fox Business on July 31st, 2017 to debate with Stuart Varney about socialism, capitalism and taxes.
Please support Prof Wolff and Democracy at Work by sharing this clip directly on Facebook as well as via YouTube on Twitter and your other social networks.
Showing 22 comments
When a progressive is on conservative TV, the host will attempt to ‘stack’ the airtime.
The conservatives over-talks the progressive. The conservatives get most of the airtime. One-on-one debates are turned into three or four conservatives ‘stacked’ against one progressive.
Also this super-concise format doesn’t give the time needed for Prof. Wolff to make a strong case that these shareholders & CEOs are not the one’s “working hard” to make all that wealth. IT’S THE THOUSANDS OF WORKERS WHO WORK HARD TO MAKE ALL THE WEALTH. The major shareholder had his hedge fund manager buy the shares years ago and he monitors its progress and collects a dividend. Capitalism = Exploitation.
Wolff on Venezuela
I wished Prof. Wolff was there that morning to harpoon that yes man stooge. I hope that Prof. Wolff uses this incident in his next monthly Global Capitalism lecture to prove, in the brilliant and thorough way he does best, how the situation in Venezuela was not brought about only because it had Socialist influences, but because of several other vitally important factors, many of which have to do with global Capitalist Free Market economics, particularly in the oil & energy sector.