Economic Update: The System Implodes: Amazon, Evictions, Tax Abuses, & M...

CA 9+ Economic Update: The System Implodes: Amazon, Evictions, Tax Abuses, & Minimum Wages 54,869 views •Mar 1, 2021 3.8K 59 Share Save Democracy At Work 224K subscribers [S11 E08] The System Implodes: Amazon, Evictions, Tax Abuses, & Minimum Wages On this week's show, Prof. Wolff discusses Amazon's profits; New York state's eviction crisis and capitalism's reproduction of poverty and inequality; New York's stock transfer tax; raising the minimum wage; and the subsidizing of billionaire's big sport businesses. **Economic Update with Richard D. Wolff is a@Democracy At Work​ production. We make it a point to provide the show free of ads. Please consider supporting our work. Donate one time or become a monthly donor by visiting us at democracyatwork.info/donate or become a patron of Economic Update on Patreon: https://www.patreon.com/economicupdate​. Your contributions help keep this content free and accessible to all. Now more than ever, sharing Prof. Wolff's message is critical. _________________________________________________________________________________________ Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. Available as a paperback and now also as an eBook! www.democracyatwork.info/books "Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism" http://www.lulu.com/spotlight/democra...​ _________________________________________________________________________________________ Want to help us translate and transcribe our videos? Learn about joining our translation team: http://bit.ly/2J2uIHH​ Jump right in: http://bit.ly/2J3bEZR​ _________________________________________________________________________________________ Follow us ONLINE: Patreon: https://www.patreon.com/economicupdate​ Websites: http://www.democracyatwork.info/econo...​ http://www.rdwolff.com​ Facebook: http://www.facebook.com/EconomicUpdate​ http://www.facebook.com/RichardDWolff​ http://www.facebook.com/DemocracyatWrk​ Twitter: http://twitter.com/profwolff​ http://twitter.com/democracyatwrk​ Instagram: http://instagram.com/democracyatwrk​ Subscribe to our podcast: http://economicupdate.libsyn.com​ Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop...​ 1,096 Comments Auggie Giuseppe Add a public comment... Rob Grune Rob Grune 3 days ago (edited) A country that ignores and oppresses its children cannot succeed. A country that does not have a level playing field for its citizens cannot succeed. 71 Antony werner Antony werner 3 days ago in germany we have a Law ( Gesetz gegen Wettbewerbsbeschränkungen) that requires the interests of small and medium-sized companies to be given preference when awarding public contracts, even if the order is to be divided into several small orders for more than one Companie. 117 Tom Tapp Tom Tapp 3 days ago (edited) The SYSTEM is the problem. Those that are writing the rules or laws are the same ones that benefit from those same laws. Take a look at the USA citizens on skid row in LA, then tell me that the USA congress et al, care about those USA citizens. They are more concerned with dealing with insider trading for themselves. In essence: “I’ve got mine, you go and get yours”…. That’s what they are saying and care about. This has been the USA policy for a long long time. 53 jack hahn jack hahn 3 days ago "But M4A would destroy the economy by saving over 17 trillion" Yeaaaah who wants to eat the rich cause they're eating the rest of the country 65 Herger The Joyous! Herger The Joyous! 3 days ago The wealthy apparently have no obligation to sustain the civilized society who's backs they stood upon to obtain their I'll gotten gain's! They shall suffer the wrath of the poor! 121 MF Doomtree MF Doomtree 3 days ago God this just makes me wish the imaginary group of worker-friendly politicians Wolff talks about existed in America 45 ParcelOf Rogue ParcelOf Rogue 3 days ago Pre-fascism, Neo Facism, & nationalist nativism - when capitalism is under pressure 135 Bobww3 Bobww3 3 days ago Richest dude in the world and has to steal from people..... wow!!!!! 34 aveuch aveuch 3 days ago Tax tampons but not stocks, yeah, totally fair