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Richard Wolff: Why Marx? Why Now?

Homebrewed Christianity

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Capitalism, Socialism, and the American Worker

This chapter critiques capitalism while tracing the historical evolution of socialism as a response to economic inequality. It discusses the rise and fall of the American working class's standard of living from 1820 to 1970, highlighting labor movements and the shift in production dynamics. The narrative explores socio-economic changes from the 1970s onwards, focusing on wage stagnation, increased borrowing, and the impact on family dynamics and gender roles in the American workforce.

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