Prof Wolff explains what the lottery really is and how its designed by the government to tax the poor.
"What is the lottery? The answer is: it's a tax. It's a way of getting tax payments out of the poorest people in the state...Lotteries are a crappy way and an unfair way to support state government." - Richard Wolff
This is a clip from S12 E31 of Economic Update: The Deepening Fragility of US Power
Watch the full episode on our YouTube channel at https://youtu.be/ZgxRuTKxPNo
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Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff!
www.democracyatwork.info/books
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly
http://www.lulu.com/spotlight/democracyatwork
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"What is the lottery? The answer is: it's a tax. It's a way of getting tax payments out of the poorest people in the state...Lotteries are a crappy way and an unfair way to support state government." - Richard Wolff
This is a clip from S12 E31 of Economic Update: The Deepening Fragility of US Power
Watch the full episode on our YouTube channel at https://youtu.be/ZgxRuTKxPNo
You can also listen to this show on our website or as a podcast on your favorite podcast player.
______________________________________________________________________________________
We make it a point to provide the show free of ads. Please consider supporting our work.
Become an EU patron on Patreon: https://www.patreon.com/economicupdate
Become a monthly donor via our website: https://www.democracyatwork.info/donate
_______________________________________________________________________________________
Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff!
www.democracyatwork.info/books
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly
http://www.lulu.com/spotlight/democracyatwork
_________________________________________________________________________________________
Want to help us translate and transcribe our videos?
Learn about joining our translation team: http://bit.ly/2J2uIHH
Jump right in: http://bit.ly/2J3bEZR
Follow us ONLINE:
Patreon: https://www.patreon.com/economicupdate
Websites: http://www.democracyatwork.info/economicupdate
http://www.rdwolff.com
DailyMotion: http://www.dailymotion.com/democracyatwrk
Facebook: http://www.facebook.com/RichardDWolff
http://www.facebook.com/DemocracyatWrk
Twitter: http://twitter.com/profwolff
http://twitter.com/democracyatwrk
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Subscribe to our podcast: http://economicupdate.libsyn.com
Shop our Store: http://bit.ly/2JkxIfy
- Category
- Lottery Online Games
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