Economic Update with Richard D. Wolff cover image

The Economics of Colonialism Part 2 - The Neo-colonialism Variation

Economic Update with Richard D. Wolff

00:00

Co-Op and the Wealth of England

Consolidation, making big corporations that absorb little one is like the colonies. It's a way of getting around the market, having a special influence. If you're a big company, you go to your government, you support them taking over the rest of the world because it's a privileged area in which you can operate. After the war, we got rid of all of that independence and we're about to see what that meant.

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