Professor/Economist Richard Wolff discusses corporate greed and an economic system in a state of failure. (Reprised)
Professor/Economist Richard Wolff did not disappoint us with this poignant interview on corporate greed and corruption. He laid out in detail why our economic system is destined to fail.
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Richard D. Wolff, a Professor of Economics Emeritus at the University of Massachusetts Amherst, recently presented a compelling critique of the American economic system, which deserves rigorous examination and debate. Although acknowledging incremental improvements under President Biden, Wolff paints a picture of an economy that is far from equitable or sustainable. He pierces through the mirage of American prosperity by highlighting some startling statistics. Over 12% of American households are food insecure, a disturbing fact, especially when juxtaposed with the billions of dollars the U.S. government is willing to allocate for wars and military interventions abroad. The question then arises: What kind of society are we living in where feeding its citizens becomes secondary to geopolitical power plays? [More]
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