Wolff Responds Today's Booming Stock Market

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Prof. Wolff explains why the stock market is booming despite the economic downturn the country and the world are experiencing. The disconnection between the market and the rest of the economy has been long standing, but more pronounced now more than ever. The problem is not the pandemic, though it has exasperated the already fragile system. The problem is capitalism. The system works for few at the top, and the rest, the majority is left with an unfair and unjust system.

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