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Commentary :: Labor

VIDEO: Capitalism Hits the Fan

Richard Wolff teaches economics at the University of Massachusetts at Amherst. "From 1820 to the 1970s, higher productivity led to higher wages.. In the last 30 years there has been an explosion of profit along with stagnant wages.."
"This is a crisis that has been building for a long time. There's a lot of pretending, wishful thinking and stalling..

What happens when rising wages stops? There was no social recognition. Most American families suffered in silence. They did more work and went into debt. The working class is physically exhausted, emotionally stressed and twisted by debt.."

to hear Richard Wolff' summary of the new DVD "Capitalism Hits the Fan," visit
www.capitalismhitsthefan.com/
 
 

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