Global Capitalism: Affordability: Why So Much Costs Too Much and What to do About it

Video Description

[GCAP 11.25]: Affordability: Why So Much Costs Too Much and What to do About it 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 – the vast majority of us – have different goals. One of them is basic affordability. In this presentation of Global Capitalism, Professor Wolff discusses the factors at play in determining our cost of living, and ways we can and should get involved in affecting them. Presented by Democracy at Work and the Left Forum You can find this and past presentations of Global Capitalism on the d@w YouTube Channel by going to YouTube.com/democracyatwrk and clicking on the Global Capitalism playlist. We ask that you please support these talks and other content we produce by signing up to do so on our website at democracyatwork.info/donate. You can also help support our work by purchasing one of the books we’ve produced that were written by Professor Richard Wolff (Understanding Marxism, Understanding Socialism, The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself, and the latest (2024) Understanding Capitalism). You can find direct purchase links on our website, www.democracyatwork.info/books, or at www.lulu.com/spotlight/democracyatwork. Please remember to follow us on Twitter, Facebook, Instagram, SubStack and YouTube.