Pages tagged "AskProfWolff"
Ask Prof Wolff: What Happens to the Stock Market After Capitalism?
A Patron of Democracy at Work asks: "I, as a socialist myself, agree with the socioeconomic model that you advocate, with worker-owned cooperatives substituting today's private businesses. However, making the actual changes, reforms and, if you like, revolution, would also bring an end to stocks, stock-based companies, and the stock market. I can't get my head around...
Read moreAsk Prof Wolff: BlackRock, Homeownership and Reverse Mortgages
A Patron of Democracy at Work asks: "Based on the content that I consume, my expectation is that factions of the 1% like BlackRock intend to own all family housing in America and rent it to us. The prices of homes going down paired with higher interest rates makes the game even more favorable for those who...
Read moreAsk Prof Wolff: Fascism, Keynesianism, and Military Spending
A Patron of Democracy at Work asks: "As we see billions once more go to Ukraine, as we have seen trillions upon trillions go to wars since WWII, isn't it correct to say that Military-Keynesianism is fascism? Technocratic fascism? If so...
Read moreAsk Prof Wolff: Understanding Surplus & Capitalism’s Abuse of It
A Patron of Democracy at Work asks: "Can there be another segment about surplus and economic sinks? If capital has to increase all the time, why is there a...
Read moreAsk Prof Wolff: How To Get People on the Right to Hear Your Arguments
A Patron of Democracy at Work asks: "The war of ideas is real and, as often as I can, I engage with opposing ideas. From my perspective, I find that socialistic approaches to most social/economic issues check the box of many of the purported ideals of my more/less conservative neighbors, however, I cannot pierce the armor of their preconceptions. I'm tired of blaming...
Read moreAsk Prof Wolff: Is Capitalism a Religion?
A Patron of Democracy at Work asks: "Is capitalism a religion? Has it become the established...
Read moreAsk Prof Wolff: Capitalism is Unstable… and It’s Designed That Way
A Patron of Democracy at Work asks: "Are any complex systems eternally homeostatic? Cyclic behavior is a euphemism for millions of people will lose their jobs and homes, quit school, etc. I don't think that anyone imagines an economic system sans fluctuations. That would be truly Utopian. Or dystopian rather because fluctuations can be...
Read moreAsk Prof Wolff: Why Retired Individuals Are Critical For Social Change
A Patron of Democracy at Work asks: "Hello, I am an officially retired person, although I continue to work on projects in the arts, in part to supplement Social Security and in part as a labor of love. I often feel that I...
Read moreAsk Prof Wolff: Shouldn’t We Have a Political Party That Isn’t Capitalist?
A Patron of Democracy at Work asks: "I was wondering if there has ever been a political party that focuses primarily on the formation, maintenance and sustenance of worker co-ops? My understanding is that worker co-ops are all inclusive by design and would include folks that have been...
Read moreAsk Prof Wolff: Why Yale and Other Non-Profits Should Be Called “Tax-Exempt”
A Patron of Democracy at Work asks: "One issue I hope Prof. Wolff might address is a comparative analysis of the role of for-profit vs. non-profit corporations. For example, in the recent shows on inflation, he notes that raising prices by the employer is motivated by profit maximization. This dynamic can't play an obvious role for a non-profit, but they...
Read more









