Ask Prof Wolff: Wages, Prices & Inflation скачать в хорошем качестве

Ask Prof Wolff: Wages, Prices & Inflation

A Patron of Economic Update asks: "Econ 101 taught me that some level of unemployment is necessary, in part, to prevent a wage and inflation upward “spiral”. Is it true that an economy with wide spread worker-owned enterprises would not face the same “threat” of wage inflation? Would asking for a raise be akin to decreasing one’s own profits in a co-op economy and act as a check on runaway demand-pull inflation?" 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 a‪@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. _________________________________________________________________________ Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself," available now at www.democracyatwork.info/books “A magnificent source of hope and insight.” Yanis Varoufakis, Greek economist, academic, philosopher, politician, author of Talking to my daughter about the economy. _________________________________________________________________________ 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...