Richard Wolff: Marxism Explained, How to Fix Problems with Capitalism

Richard Wolff explains how he thinks Marxism can fix problems in capitalism like inequitable compensation of CEOs and employers compared to employees. According to Professor Wolff, the United States is now more open to the critiques of capitalism than he ever expected.

[0:32] How do we solve the issue of disproportionate pay between CEOs and workers?

[3:32] What is a co-op or directorship?

[5:34] Professor Wolff gives the example of a co-op, The Mondragon Corporation.

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