Honoring May Day, 1886 and 2020_on Economic Update

Every Wednesday at 11am Pacific – 2pm Eastern – 19:00 GMTEconomic Update

Honoring May Day, 1886 and 2020
_on ECONOMIC UPDATE with Richard D. Wolff

From May Day 1886 to 2020, workers wage long, hard struggles to reform capitalismFrom the fight for an 8-hour workday to the fight for a safe, Corona-free workplace now. Employers block and delay reforms, and try to undo them once won. They use what capitalism gives them: dominant power, incentive (profit), and means (profits). If we change the system from capitalist to worker-coop, workers alone democratically make and secure reforms. Employers, the constant enemy of reform, vanish as a separate group dominating society.

Each show wraps up with Professor Wolff answering some questions that he receives through his website or on Facebook. Economic Update is in partnership with Truthout.org.


This show was broadcast on May 6, 2020.

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