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Prof Wolff takes a look at soaring food prices in the U.S. and how "free markets" are starving Americans. He also asks if inflation is the result of only large corporations or if small businesses are raising prices as well. "Letting prices of food go up means you're feeding the richest, and you're starving the poorest. You can color it any way you want. That's the reality. That's how capitalist markets work. And when food is the item that's scarce, that's what we're letting happen now. It is outrageous and ought to be the object of anger and bitterness, and my expectation is it will be as the hurt and the hunger set in." - Richard Wolff This is a clip from S12 E19 of Economic Update: Jobs Driving Us Mad Watch the full episode on our YouTube channel at • Economic Update: Jobs Driving Us Mad You can also listen to this show on our website or as a podcast on your favorite podcast player. ______________________________________________________________________________________ We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: / economicupdate Become a monthly donor via our website: https://www.democracyatwork.info/donate _______________________________________________________________________________________ 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... _________________________________________________________________________________________ Want to help us translate and transcribe our videos? Learn about joining our translation team: http://bit.ly/2J2uIHH Jump right in: http://bit.ly/2J3bEZR Follow us ONLINE: Patreon: / economicupdate Websites: http://www.democracyatwork.info/econo... http://www.rdwolff.com DailyMotion: http://www.dailymotion.com/democracya... Facebook: / richarddwolff / democracyatwrk Twitter: / profwolff / democracyatwrk Instagram: / democracyatwrk Subscribe to our podcast: http://economicupdate.libsyn.com Shop our Store: http://bit.ly/2JkxIfy