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A Patron of Economic Update asks: "I am very interested in the labor movement and am curious about your opinion on co-ops within academia. I recently emailed Noam Chomsky and asked him what he thinks about the idea. He replied that the problem would be how to survive in a market society, as we don’t want universities to be selling products. I then asked if he thinks universities would be able to survive on federal grants and he replied, 'wouldn’t come close.' Do you think it’s feasible? Or even a good solution for academic workers?" This is Professor Richard Wolff's video response. Submit your own question to be considered for a video response by Prof. Wolff on Patreon: / community . Ask Prof Wolff is@democracyatwrk production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/economicupdate. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible. _________________________________________________________________________ Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! www.democracyatwork.info/books “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly http://www.lulu.com/spotlight/democra... _________________________________________________________________________ Follow Wolff ONLINE: Web: http://www.rdwolff.com Patreon: / economicupdate Twitter: / profwolff / democracyatwrk Facebook: / economicupdate / richarddwolff / democracyatwrk Subscribe to the EU podcast: http://economicupdate.libsyn.com Shop our worker CO-OP made MERCH: https://democracy-at-work-shop.myshop...