In this video, economists Richard D. Wolff and Shahram Azhar discuss why capitalism can take very different institutional forms — from privately owned companies to enterprises run by the state. But when does the economic system itself actually change, and when does only the identity of those controlling it change? They examine the relationship between […]
We are currently in our annual crowdfunding campaign. If you want our independent and non-profit media network to continue in 2025, please participate in this campaign by clicking here. In our capitalist economy, employers pay wages and set prices that together determine whether a decent life is affordable. Employers’ goal is to maximize their profit. But employees […]