Todays EU: Conscious Capitalism
January 17, 2020
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as posted by the channelToday's EU is a video series for the Economic Update Patreon community. Patrons of EU get first access to these topical and timely videos from Professor Wolff. Videos are released to the public a week later, here on Prof Wolff's channel.
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In Today's EU, Prof. Wolff addresses the friendly critics of capitalism, the Business Roundtable, that advocate for a modern American capitalism with a conscience, open and accountable to its stakeholders, more democratic. Prof. Wolff argues that such a capitalism is impossible. Shareholders have the power in a capitalist enterprise and will always do what is best for them, not the community at large or the workers employed by the enterprise.
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