Economist Richard Wolff says that the recent upswing in stocks comes from profits made through concessions and cutbacks and that worse will come in the future. He says that workers have to get organized and fight for control of the companies. I thought this was a really great clip.
Rising Wall Street stocks a sign of danger, says economist
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Jul
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Posted by Adam Hudson on July 29, 2009 in Activism & Social Change, Capitalism, Economy, Late-2000s financial crisis/recession/depression