When Companies Tax the People - Economic Update with Richard Wolff
Prof Wolff wants you to understand how the inflation works. We pay more, but instead of going back to public goods, this effective "tax" gets business owners a bigger paycheck.
"That's what a price increase means. So, it's a tax on us paid not to the government for making public services, but to provide more profits to private corporations. Wow." - Richard Wolff
This is a clip from S12 E12 of Economic Update: "Christian Socialism"
Watch the full episode on our YouTube channel at https://youtu.be/2l2YtQGRw0E
You can also listen to this show on our website or as a podcast on your favorite podcast player.
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Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff!
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“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.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly
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Видео When Companies Tax the People - Economic Update with Richard Wolff канала Democracy At Work
"That's what a price increase means. So, it's a tax on us paid not to the government for making public services, but to provide more profits to private corporations. Wow." - Richard Wolff
This is a clip from S12 E12 of Economic Update: "Christian Socialism"
Watch the full episode on our YouTube channel at https://youtu.be/2l2YtQGRw0E
You can also listen to this show on our website or as a podcast on your favorite podcast player.
______________________________________________________________________________________
We make it a point to provide the show free of ads. Please consider supporting our work.
Become an EU patron on Patreon: https://www.patreon.com/economicupdate
Become a monthly donor via our website: https://www.democracyatwork.info/donate
_______________________________________________________________________________________
Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff!
www.democracyatwork.info/books
“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.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly
http://www.lulu.com/spotlight/democracyatwork
_________________________________________________________________________________________
Want to help us translate and transcribe our videos?
Learn about joining our translation team: http://bit.ly/2J2uIHH
Jump right in: http://bit.ly/2J3bEZR
Follow us ONLINE:
Patreon: https://www.patreon.com/economicupdate
Websites: http://www.democracyatwork.info/economicupdate
http://www.rdwolff.com
DailyMotion: http://www.dailymotion.com/democracyatwrk
Facebook: http://www.facebook.com/EconomicUpdate
http://www.facebook.com/RichardDWolff
http://www.facebook.com/DemocracyatWrk
Twitter: http://twitter.com/profwolff
http://twitter.com/democracyatwrk
Instagram: http://instagram.com/democracyatwrk
Subscribe to our podcast: http://economicupdate.libsyn.com
Shop our Store: http://bit.ly/2JkxIfy
Видео When Companies Tax the People - Economic Update with Richard Wolff канала Democracy At Work
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