Prof Wolff's Critique of Obscene Wealth - Economic Update

Prof. Wolff explains why extreme wealth like those of billionaires is harmful, unproductive and undemocratic. Having billions of dollars is never justified.

"We live in a society that produces, promotes and celebrates obscene wealth. And here's the irony. We are poorer as a country because of it." - Richard Wolff

This is a clip from S11 E45 of Economic Update: " Class Struggles in the US Today"

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Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff!

“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”

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