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Economic Update: Profit Motive Costs

Richard D. Wolff gives an economic update on meaning of government shutdown and possible default; new French law gives workers say on selling companies; biggest billionaire US land-owners; grocery store evidence show no recovery in US economy.

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Updates on meaning of government shutdown and possible default; new French law gives workers say on selling companies; biggest billionaire US land-owners; grocery store evidence show no “recovery” in US economy. Major discussions on costs and consequences of profit-driven capitalist enterprises versus workers self-directed enterprises. Response to questions on (1) Germany’s September 22 elections and (2) whether Obamacare, if passed, would at least guarantee health insurance to America’s poorest.

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Visit Professor Wolff’s social movement project, democracyatwork.info.

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