Richard Wolff on the Free Market
"The free market that I just described has never existed... In other words what markets do is distribute whatever is scarce to the people with the money. The most money wins. Well if the market is a game in which those with the most money win then it's a game that favors the people with the most money. This is not rocket science, friends. The market is a system that favors the rich which is why the rich love markets."
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• Economic Update: U.S. Economy and the...
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Prof. Wolff's latest book "Understanding Marxism"
http://www.lulu.com/spotlight/democra...