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Shocking Statistics on the Rising Cost of Living in the US - Richard Wolff

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gepubliceerd op 22 Jul 2021 / In Nieuws & Politiek

"The wages per hour is what the employer gives the employee. The productivity per hour is what the employee gives to the employer. If what the workers gave the employer rose by 72 percent, whereas what the employer gave the worker on average rose by 17 percent over 40 years, there's your explanation for why there's great inequality in the United States."

This is a clip from Economic Update: [S11 E26] The Challenge of Progressive Unionism
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Stuck Nation: Can the United States Change Course on Our History of Choosing Profits Over People?

“Hennelly brilliantly analyzes our capitalist crises and how individuals cope with them, tragically but often heroically. He helps us draw inspiration and realistic hope from how courageous Americans are facing and fixing a stuck nation.”
- Richard D. Wolff

Check out Prof. Wolff's other books: "The Sickness is the System," "Understanding Socialism," and "Understanding Marxism"
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