Economic Update: Recession - Capitalism's Failure Invites System Change
www.youtube.com
[S12 E32] Recession - Capitalism's Failure Invites System ChangeIn this week's show, Prof. Wolff defines recession and shows its relation to inflation and st...

i think it's a great lib radicalisation video if there's anybody in your life you may want to share with

yes he concludes with coops, whether you like that or not he spends 99% of the video eviscerating capitalism with history and personable real life everyday experience

  • doaberylroll [he/him]
    ·
    2 years ago

    Of course co-ops would be materially better for workers than the current state of affairs, but to paraphrase LivAgar, "the hell of capitalism isn't that you have a boss, the hell is that you are forced to compete with other workers in a labor market". Even if all companies were co-ops, the necessity of cutting costs to remain competitive in nder capitalism provides incentives for workers to self exploit, damage the environment, etc.