Wells Fargo Pays $1.7 Billion Fine. Will This Change Anything? - Economic Update

Wells Fargo Pays $1.7 Billion Fine. Will This Change Anything? - Economic Update

Jan. 3, 2023

Democracy At Work - Professor Richard D. Wolff

CAPITALISM HAS ALWAYS BEEN AUTHORITARIAN

Richard Wolff asks us if it's really "mismanagement" at big banks that cause huge violations, or if its just capitalism. It's time to get banks for the people, not the few making profits.

"The logical questions that would arise would be, why are we allowing these private bankers to rip everybody off consistently again and again? Clearly fining them even when the fines are in the billions of dollars isn't working. It's not preventing these things from happening." ~Richard Wolff

Original: https://youtu.be/2x8qnd7zoag

This is a clip from S13 E01 of Economic Update: Surging US Labor Activism

Watch the full episode on our YouTube channel at https://youtu.be/okJ7i-uo3Og

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