The structures of capitalism, feudalism and slavery reproduce inequality - Richard Wolff

“Whether it’s slavery or feudalism or capitalism the structure of each of those societies positions a minority in such a way as it can accumulate wealth and keep that from being shared among the mass of people... This class division within capitalism explains why it is unfortunately as successful in reproducing inequality over time as both feudalism and slavery were over the many centuries that they were the dominant economic systems before capitalism came to replace them.“ This is a clip from Economic Update: Why Capitalism Reproduces Inequality & a Solution [S11 E07] Watch the full episode: _______________________________________________________________________________________ We make it a point to provide the show free of ads. Please consider supporting our work.
Back to Top