Preview: Taming Capitalism Run Wild February 20, 2013
On this week’s Moyers & Company, economist Richard Wolff joins Bill to shine light on the disaster left behind in capitalism’s wake, and discusses how to battle for economic justice. A noted professor emeritus at the University of Massachusetts at Amherst, and now visiting professor at Manhattan’s New School, Wolff has written many books on the effects of rampant capitalism, including Capitalism Hits the Fan.
“Capitalism has a long-term tendency to polarize wealth and income,” Wolff tells Bill.
Also on the broadcast, activist and author Saru Jayaraman marches on Washington with restaurant workers struggling to make ends meet, and talks about how we can best support their right to a fair wage. Jayaraman is the co-founder and co-director of the Restaurant Opportunities Centers (ROC) United, which works to improve pay and working conditions for America’s 10 million-plus restaurant workers.
“It’s an incredible irony that the people who put food on our tables use food stamps at twice the rate of the rest of the U.S. workforce,” says Jayaraman.