Richard Wolff: perspective and criticism of monetary system and Federal reserve

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Richard Wolff: perspective and criticism of monetary system and Federal reserve

In this small part of the lecture, American economist Marxist Richard Wolff, talks about the monetary system and Federal Reserve. Wolff is extremely well-known for his work on Marxian economics, having written books such as Democracy at Work: A Cure for capitalism, Occupy the economy, challenging capitalism and more recently Capitalism’s crisis deepens: essays on the Global Economic Meltdown.

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