Showing posts with label Wolff. Show all posts
Showing posts with label Wolff. Show all posts

Great TV Show: Economic Update by Richard Wolff - News with a Socialist Perspective instead of Corporate "Yadda-Yadda"

https://www.democracyatwork.info/

This week on Economic Update, Professor Wolff delivers updates on German workers who elect almost half of corporate boards of directors, major US corporations with negative tax rates, Kentucky governor maneuvers against black-lung victims, involuntary part-time employment, epidemic of U.S. evictions and Trump's tariffs on China. 
https://www.democracyatwork.info/eu_employees_vs_employers_endless_tensions

https://itep.org

Amazon reportedly raked in more than $5.6 billion in U.S. profits in 2017, but despite that, the company essentially paid $0 in federal income taxes.

That’s largely attributable to “excess stock-based compensation deductions” and the effect of the 2017 Tax Act, according to the company’s U.S. Securities and Exchange Commission filing earlier this month. In other words, Amazon was able to leverage the tax credits and breaks to zero out taxes it owed this year, according to the Institute on Taxation and Economy Policy (ITEP), a non-partisan think tank.

https://itep.org/category/blog+corporate-taxes/

Professor Richard Wolff questions IF Capitalism is a good way to run a world. NO. Too crisis prone... Economic meltdowns are built into the system.

http://www.rdwolff.com/

He proposes a different system...


Yes, there is an alternative to capitalism: Mondragon shows the way


Why are we told a broken system that creates vast inequality is the only choice? Spain's amazing co-op is living proof otherwise

Democracy at Work: A Cure for Capitalism -- by Richard Wolff
  https://www.youtube.com/watch?v=fhzBq15p_f0

Most Americans have never recovered from the recession of 2008 and the outsourcing, mechanizing, robotizing and computerizing of their jobs. Men’s salaries and working conditions have been deteriorating since the mid 1970s. Women’s salaries have increased to 77% of men’s low salaries. Americans are emotionally depressed. We consume 50% of the world’s psych meds and 80% of the world’s heroin. Suicides addiction obesity and other social ills have increased. Too many are in despair. This panel explains what happened, why it happened and what to do about it.
http://www.democracyatwork.info/

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