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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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“We are indeed a house divided. But the division between race and race, class and class, will not be dissolved by massive infusions of brotherly sentiment. The division is not the result of bad sentiment, and therefore will not be healed by rhetoric. Rather the division and the bad sentiments are both reflections of vast and growing inequalities in our socioeconomic system--inequalities of wealth, of status, of education, of access to political power. Talk of brotherhood and "tolerance" (are we merely to "tolerate" one another?) might once have had a cooling effect, but increasingly it grates on the nerves. It evokes contempt not because the values of brotherhood are wrong--they are more important than ever--but because it just does not correspond to the reality we see around us. And such talk does nothing to eliminate the inequalities that breed resentment and deep discontent.”

“Can a black man succeed today beyond his wildest imagination? Can he experience the so-called American dream? Sure he can! He can overcome bigotry and societal views and ideas that stand in his way. But that doesn’t mean that he, unlike his white counterpart, doesn’t have to rise above adverse societal views and bigotry. . .”