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Quote by Richard D. Wolff

“Moving to a cooperatively organized enterprise is one of the best ways to really do something about unequal distribution of wealth.”

Quote by Richard D. Wolff

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Richard D. Wolff
Richard D. Wolff

Richard D. Wolff is an American economist renowned for his application of Marxist economics and analysis of capitalist economic crises. His contributions to the field of economics include labor theory of value, the theory of surplus value, and theories of economic crises. Born on April 1, 1942, Wolff has served as a professor of economics at various universities. more

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“Nothing would more quickly and definitively reduce U.S. income inequality than allowing every worker in all businesses to participate in deciding the range of incomes from one worker to another. They would never do what is now a matter of normality: give one person millions, in some cases billions, while others have barely enough to make a living.”