AJ+: Why The Stock Market Is NOT The Economy

Prof Wolff joins a video for AJ+: Ever wonder how billionaires got so much richer during the pandemic while you and people you know struggled? Well, chalk it up to the stock market. Just 10% of Americans own 90% of stocks – so it's easy to see why the vast majority of people don't benefit from the market's gains when it performs well. So how exactly does the stock market work, who controls it and who wins out?

Watch the video here. 

 

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  • Richard Wolff
    published this page in Blog 2021-09-26 22:28:59 -0400

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