Economic Update with Richard D. Wolff

Unaffordable Housing

10 snips
Feb 24, 2022
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Profit Motive Worsens Opioid Crisis

  • Richard D. Wolff links the opioid overdose surge to profit-driven health care decisions that hinder timely treatment.
  • He warns insurance practices like prior authorization and non-acceptance of coverage worsen overdose deaths.
INSIGHT

Pandemic Shrunk Public School Workforce

  • Wolff highlights a 6.8% drop in K–12 teacher employment during the pandemic, worsening student support needs.
  • He argues society failed children by not taxing the wealthy to preserve school staffing and services.
INSIGHT

Inflation Fuels Corporate Profits Not Workers

  • Wolff says inflation benefits employers who raise prices for profit while workers struggle to catch up.
  • He cites Maersk's profit quadrupling as evidence that inflation channels wealth to big business.
Get the Snipd Podcast app to discover more snips from this episode
Get the app