Posts Tagged ‘ class ’

How Class Works (animated lecture by Richard Wolff)

May 17, 2013
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The description for this short lecture reads as follows: Richard Wolff is an economist who has studied class issues for more than 40 years. In this animation and audio presentation, Wolff explains what class is all about and applies that understanding to the foreclosure crisis of 2007–2011. He argues that class concerns the “way our society splits up the output [and] leaves those who get the profits in the position of deciding and figuring out what to do with them… We all live with the results of what a really tiny minority in our society decides to do with the…

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