In this clip from Economic Update, Prof Wolff shows us what the mainstream media won't show- why a capitalist economy always leads to price increases and inflation. When profit is the motive, the majority of us suffer while the few employers pad their pockets.
"This is not about government printing money. It's not about any of the things you hear. It's what you're not supposed to hear. That's the key issue here: profit driven price increases. You and I have to pay so that the employer makes sure that this capitalist system works for them. And for us, we get to watch headlines that tell us nonsense." - Richard D Wolff
This is a clip from S11 E40 of Economic Update: "China & Inflation: Real Analyses, Not BS"
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