Economic Update With Richard Wolff: Can Worker Cooperatives Challenge Capitalism?

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Published on Sep 20, 2016

On this week’s Economic Update, Richard Wolff and guest Peter Panis of the CUNY Graduate Center discuss the economic consequences of the September 11th attacks, the improvement of the median income of the average American household as well as a decline of the median income in the last 20 years, American maternal and paternal leave policies compared to other developed countries, the average deductible on medical insurance tripling in the last 10 years, the American elderly relying on Social Security and how Worker Cooperatives confront Capitalism by workers going beyond the collective bargaining of trade unions to being directly involved in the market.

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