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Marxism (with Dr. Richard Wolff)

The Sisyphus 55 Podcast

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The Consensus of Capitalism

In capitalism, employers sit in the dominant position. They decide what gets produced and where production happens. The less you pay workers, though, the less they will be able to sell their output. That's a contradiction of the system; there is no way out of that. 2008, it bit us in the rear end. And we had the second worst collapse of capitalism in its history.

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