Channel: Democracy At Work

Category: News & Politics

Tags: wealthincomecapitalworkyt:cc=onsocialismeconomydemocracylaborinequalitywageseconomicsrichard wolffjusticecapitalismpoverty

Description: Prof Wolff explains why the length of the working day is constantly struggled over in capitalism because the economy pits employers against employees. He talks overtime policy, what Biden could do about it today and the constant class struggle between workers and owners. "The employer wants the employee to work for the longest number of hours possible for the lowest pay that the employer can get away with giving out as a wage. The employer is always pressing down the wage or lengthening the working day or both. If you know something about the history of capitalism everywhere in the world, it is always this." - Richard Wolff This is a clip from S12 E18 of Economic Update: Housing - Human Right VS System Failure Watch the full episode on our YouTube channel at youtu.be/2HS0RNk4sjE You can also listen to this show on our website or as a podcast on your favorite podcast player. ______________________________________________________________________________________ We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: patreon.com/economicupdate Become a monthly donor via our website: democracyatwork.info/donate _______________________________________________________________________________________ Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! democracyatwork.info/books “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly lulu.com/spotlight/democracyatwork _________________________________________________________________________________________ Want to help us translate and transcribe our videos? Learn about joining our translation team: bit.ly/2J2uIHH Jump right in: bit.ly/2J3bEZR Follow us ONLINE: Patreon: patreon.com/economicupdate Websites: democracyatwork.info/economicupdate rdwolff.com DailyMotion: dailymotion.com/democracyatwrk Facebook: facebook.com/RichardDWolff facebook.com/DemocracyatWrk Twitter: twitter.com/profwolff twitter.com/democracyatwrk Instagram: instagram.com/democracyatwrk Subscribe to our podcast: economicupdate.libsyn.com Shop our Store: bit.ly/2JkxIfy