Pages tagged "AskProfWolff"
Ask Prof Wolff: Consumer Co-ops vs. Worker Co-ops
A Patron of Democracy at Work asks: "You're known as an advocate of worker cooperatives. However, back in the 19th century, Friedrich Engels (as well as Eduard Bernstein, the father of Democratic Socialism) was very skeptical of worker cooperatives because of the power the workers at a company could still have over the general public to whom they were not responsible to, meaning they could still, for example, create a monopoly, jack up prices, and engage in protectionist tactics. Instead, Engels and Bernstein preferred...
Read moreAsk Prof Wolff: Labor Unions, Leadership Corruption, and Co-ops
A Patron of Democracy at Work asks: "Can you please address the previous and current systemic collusion/connivance between the union leadership [of possibly every labor union] and the corporate management? And not just the fairly recent scandal of UAW/FCA regarding eroding solidarity and...
Read moreAsk Prof Wolff: A Socialist Solution to Oil Prices and Sanctions
A Patron of Democracy at Work asks: "Hello Professor Wolff, here in Germany, gas prices are very high due to the sanctions policy with Russia. It is typical of a market economy that the gas that has become scarce is priced higher in order to alleviate the shortage. In this way, the scarce gas is distributed to the...
Read moreAsk Prof Wolff: Why are National Infrastructure Banks Necessary?
Ask Prof Wolff: Ethics in Capitalist vs. Cooperative Enterprises
A Patron of Democracy at Work asks: "Greetings Prof Wolff, my question is one of ethics. How does a collective remain competitive in a dog-eat-dog capitalist environment when the expectation is that a worker-owned enterprise would be presumed to follow the law? I'm not saying all privately-held enterprises are corrupt but it follows that if a...
Read moreAsk Prof Wolff LIVE: The Manipulation of Labor Markets
An audience member of Ask Prof Wolff LIVE asks: "Can you discuss the concept of labor markets and how...
Read moreAsk Prof Wolff LIVE: Interest Rates Hurt the Same People Inflation Hurts
An audience member of Ask Prof Wolff LIVE asks: "If inflation is a result of employers increasing prices to make higher profits, how does the Fed...
Read moreAsk Prof Wolff LIVE: The Role of the State
An audience member of Ask Prof Wolff LIVE asks: "In a worker cooperative society, what would be the role...
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Ask Prof Wolff LIVE: Understanding Fascism
An audience member of Ask Prof Wolff LIVE asks: "Fascism is when the state and corporations merge, so why isn’t the system that...
Read moreAsk Prof Wolff LIVE: We've Heard of Inflation, But What's Deflation?
An audience member of Ask Prof Wolff LIVE asks: "What are the major historical downsides to a deflation? Are price decreases in a specific sector (e.g. fuel if, hypothetically, the shocks to...
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