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The Richard Wolff Interview: Imperialism, Inflation, and the Mechanics of Capital (GH Teaser)

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CHAPTER

Why Do Employers Rake Prices?

A tiny minority of people in capitalism set prices. Employees are excluded from setting prices. Inflations occur if, and only if employers choose to raise prices. If you run a business, every decision you make has to be connected to the bottom line. You ask, will it enhance my profits, or will it diminish them?

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