Richard Wolff: Eurozone Woes Result from Mating of Our "Dysfunctional" Political, Economic Systems

We need debt-free United States Notes to pay off the National Debt and to use to put everyone to work on good public jobs with good training doing all the things the people want and need via democracy in the workplace (public).

I've been for democracy in the workplace for decades on end. Employee ownership is part of it, but it needs to be equal shares and an equal vote no matter the job.

You can't dick around a little bit, dicker here, there, to make little adjustments, because that's not the nature of the problem. It's a little bit like putting a Band-Aid on when you've got a cancer. You've got to take big steps that change the way this economic system works, or find a new system. These are not the politicians that can even think like that, let alone do it. So you watch them failing and the business community worrying and taking its own steps, making it harder for the political system. It's as though we have a dysfunctional economic system coupled to a now dysfunctional political system, and instead of fixing each other, these two systems are making each other in a kind of a spiral downturn, and the rest of the world watches. And the working mass of people are losing confidence in this system at a pace that I have not seen in my lifetime.

Richard D. Wolff, Emeritus Professor of Economics at University of Massachusetts, Amherst, and visiting professor at New School University. He is the author of several books, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It.

via Richard Wolff: Eurozone Woes Result from Mating of Our "Dysfunctional" Political, Economic Systems.

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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