Skip to main content

'Capitalism and Democracy: Year-End Lessons'

'... 2013 taught millions of Americans that capitalism repeatedly contradicts the democratic idea that majority decisions should govern society as a whole. The system's tendency toward deepening inequalities of income and wealth operated across 2013 in direct contradiction to the will of substantial American majorities.'

Richard D. Wolff,
professor of Economics Emeritus,
University of Massachusetts

 

If you like this article, please sign up for Snapshot, Portside's daily summary.

(One summary e-mail a day, you can change anytime, and Portside is always free.)