Democracy at Work is the name of Richard Wolff's organization. Each week
now, on Loud and Clear, Richard Wolff gets a half hour to analyze the
economic news of the week. I just listened to the podcast from last night's
broadcast and I found what he had to say about where we are and what will
most probably happen next in terms of our economic situation, to be truly
devastating: small businesses dying and being taken over by huge
corporations, the end of most stores with all shopping being done on line
(I've heard this before with a description of the death of shopping malls),
and on and on. In another segment of the podcast, I heard the theory that
this pandemic may be with us for 36 months or forever with areas of disease
popping up in various areas. I've also heard that there are possibly two
different strains, one more contagious than the other. Richard Wolff
reminded us that we used to have an "excess profits" law which did not
permit any business to make excess profits during a war or catastrophe. That
law is gone.
Miriam