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The Gravel Institute
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Is Capitalism Actually Reducing Poverty? (with Richard Wolff)

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January 8, 2021

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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.

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Is Capitalism Actually Reducing Poverty? (with Richard Wolff) · Richarddwolff · Sentinel