@richard_wolff: Professor of Economics on raising interest rates hurts the average worker 👷🏻‍♂️ #richardwolff #quittingmyjob #quietquitting #inflation #interesting

Dr. Richard Wolff 🇵🇸
Dr. Richard Wolff 🇵🇸
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Region: GB
Monday 30 January 2023 23:12:08 GMT
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chance.ickada
chanceickada :
Seize the means of production ⚒️
2023-01-31 05:18:00
20
if2plus2is_4
if2plus2is_4 :
Very interesting. Never heard of this. I feel like they would call this “communism” today. But they call everything communism 🤦🏻
2023-01-30 23:31:57
52
mnoirfilms
PM :
Sounds great considering every single corporation is price gouging like rabid dogs.
2023-01-31 07:57:55
41
empoweryourresults
Stephanie Kord Miller :
Can you explore employee owned and customer owned models? What makes them successful?
2023-01-31 00:47:56
9
locostinkimonki
Loco(Stinki)Monki -h :
it's not inflation. it's corporations greed.
2023-01-31 01:01:12
7
salra997
Sal :
Sweden and Denmark has many cooperatives and they are quite successfully competing in free market. Not a lot of happy owners, but still operates.
2023-02-02 17:55:44
4
aldochella
Alex :
Nixon put a price freeze on in his tenure.
2023-01-31 07:54:41
3
99jag
RJM46 :
The elite will never do anything unless it benefits them. Or the people get out in the streets to demand change.
2023-02-02 13:14:31
3
az_animallover
AZ_animallover :
We need to come together. Look what happened in France look with the people are doing right now.. we’re just watching them hurting us
2023-01-31 03:09:49
3
benjamminit
Benjaminit :
you're a genius
2023-01-30 23:48:38
3
janeshealthycooking
Jane’s Healthy Cooking Recipes :
that was when lobbyist didn’t write laws and things made more sense with the economy and greed didn’t take hold
2023-01-31 13:12:17
2
usersp999
user20012186928382 :
Maybe if large corps would stop price gouging. Yeah that would help. They made RECORD profits last year. Especially gas/oil. Wake up people.
2023-02-04 19:48:23
2
crispyxtv
crispyxtv :
Really is feeling like the gov is doing NOTHING
2023-02-03 00:04:14
2
ubuntunow
Always Put God First :
that's why Nixon got impeached 😂
2023-02-02 22:55:13
1
standupstaydown
StandUpStayDown :
Early 1970s huh? Gee, i wonder what policies were put in place during that time to cause that?
2023-01-31 14:24:52
1
pontypool
RA :
I thought we had “stagflation” as a result of the wage/price freeze in the early 70’s? Then Volker, then the 80’s.
2023-02-06 12:47:40
1
user9432208060688
Kimberley :
You need to run for office!!!!! Any of them!
2023-01-31 13:30:42
1
peterjennings123
user2868440807134 :
I agree with this theory but how do you convince an owner to switch to a cooperative biz
2023-01-31 03:21:50
1
99jag
RJM46 :
Professor Wolff is correct. There are other ways to stop this. But raising rates is easier and doesn’t effect the rich. They just ride it out.
2023-02-02 13:18:27
1
atkenaten
Akhénaton :
In other words, communism.
2023-02-01 13:30:44
1
tweetybird_shady
Tweetybird_shady :
They messed “communism” up in USSR. They never let the means of production be owned by the people. It was owned by the state.
2023-01-31 02:22:07
1
kendiscgolfer
kendiscgolfer :
that created shortages
2023-02-02 13:10:00
1
hotscotty
Scotty :
The government has been waging economic war against its citizens for some time now.
2023-02-06 18:51:05
1
cosmicunity1
CosmicUnity :
I would say yes, but the problem was that they still kept raising prices, but not pay
2023-02-02 07:25:35
1
syguy234
Sy Busapavanit :
This guy has no idea what he’s talking about
2023-02-14 12:33:26
1
leetancrede
leetancrede :
how can an economic proffesor have contradicting view than many professional economists. hmmm. a republican economist lol
2023-02-01 13:50:53
1
leetancrede
leetancrede :
most PROFESSIONAL economists said that interest rates should have raised 6 years ago. funny how so many opinions
2023-02-01 13:48:38
1
speedofthemoon
speedOfTheMoon :
Interesting take, but democracy is inefficient and we need leaders to take swift action as well.
2023-01-31 06:09:56
0
clarkkent8003
clarkkent8003 :
okay professor and now that tricked down economics has left 1 percent in control? your ways ate broken.
2023-01-31 23:11:28
0
nyluke
Luke :
geez i can’t tell, do you think maybe he read Das Kapital? 😄
2023-02-01 03:00:16
0
atkenaten
Akhénaton :
Go back to the gold standard to tame spending. Otherwise, raising rates is the best we got. Nixon took us off gold. We got 80’s inflation.
2023-02-01 13:39:17
0
only.in.usa
Uniquely.American :
inflation = corporate greed
2023-01-31 19:10:24
0
attentivevince
attentivevince :
Unjust enrichment, extortion under color of law, city’s controlling customer traffic/trying to take civilian houses and stop federal tax rev, that’s y
2023-01-31 18:16:55
0
drtupland
Anthony Ratkovic :
👏🏼
2023-02-01 15:38:27
0
andrewgorray
Andrew Gorray :
that is wrong now wealth discrepacy hurts poor more, no way coops work
2023-02-01 17:18:12
0
bruski59
布鲁斯 :
The price is already out of the barn and running away. Freeze wages now and you’re sustaining the inflationary collapse.
2023-02-01 18:09:44
0
wellthatsucks96
Oopsie :
Can you give me the Keynesian model of this?
2023-02-01 21:21:32
0
isabelaalston
BelaMath :
cap salaries for the wealthy.
2023-02-01 21:30:10
0
ajnk1080p
ajnk1080p :
Capitalism isn’t the problem. It’s in regulated capitalism that turns into greed. Too many laws that kept it in check were rescinded.
2023-02-01 23:21:38
0
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