The Gravel Institute: Does Capitalism Actually Reduce Poverty?

Professor Richard Wolff of the New School joins us to answer this question. You’ve probably heard that “capitalism has reduced global poverty by 90 percent.” It’s a line frequently parroted by capitalism’s most enthusiastic promoters. But there’s a problem with those claims: they’re either misleading or outright false. Wolff breaks it down.

 

Watch this short video on The Gravel Institute

 

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  • Richard Wolff
    published this page in Blog 2021-02-01 13:12:21 -0500

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