Pages tagged "AskProfWolff"
Ask Prof Wolff: The Landlord Problem
A Patron of Democracy at Work asks: "Does there exist any movement to abolish land-lording? Seems like the existence of landlords is a major part of the problem. Workers are doubly exploited. First, at work where they are not paid what their work is worth, and again, in the home where they are charged more than...
Read moreAsk Prof Wolff: IRAs & Risky Investments
A Patron of Democracy at Work asks: "Can this financial system ever get away from the stock market (Wall St. casino)? I'm watching my IRA go further and further...
Read moreAsk Prof Wolff: How Would a Socialist Society Handle Insurance?
A Patron of Democracy at Work asks: "With so many types of insurances provided in the capitalist system, such as house, car, business, content insurances, and so on, would a democratic-socialist society need to...
Read moreAsk Prof Wolff: How to Hold On to Systemic Progress
A Patron of Democracy at Work asks: "After we win over capitalism, how do we keep it? Human history tells me highly skilled sociopaths always rise to the top. To not repeat...
Read moreAsk Prof Wolff: Why Capitalism Is Obsessed With Growth
A Patron of Democracy at Work asks: "The focus on economic growth, something you talked about in the September 2022 Global Capitalism lecture, seems misplaced, at least for rich nations. I'm reminded of the Kenneth Boulding quote from the early 1970’s—“Anyone who believes that exponential growth can go on forever in a finite world is either...
Read moreAsk Prof Wolff: Interest Rate Hikes - Who Wins, Who Loses?
A Patron of Democracy at Work asks: "Prof Wolff, now that we've entered a recession here, how would the continued Fed interest rate hikes correlate to supply shortage due to our low production capacity? At what rate would the Fed...
Read moreAsk Prof Wolff: Religion and Capitalism
A Patron of Democracy at Work asks: "In his book "One Nation Under God: How Corporate American Invented Christian America, Kevin Kruse talks about an alliance between American capitalists and conservative religious leaders, going back to the 1930s. This alliance pushes capitalism in churches under a biblical veneer of 'free-market Gospel.’ Capitalists supply the money, and the churches...
Read moreAsk Prof Wolff: Can Worker Co-ops Be Truly Democratic?
A Patron of Democracy at Work asks: "We agree that capitalism is imperfect and that it separates people into the employer and employee classes. However, resources needs to be planned, coordinated and managed otherwise chaos ensues. In many cases, resources are best handled in bulk to attain...
Read moreAsk Prof Wolff: China’s Housing Market & GDP
A Patron of Democracy at Work asks: "China is having some problems, specifically with their housing market. What's the reason for this and...
Read moreAsk Prof Wolff: Consumer Support for Amazon, Starbucks Unions
A Patron of Democracy at Work asks: "Professor Wolff, how can consumers support the push for unions in...
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