Stock Markets: Making the Rich Richer for 400 Years

Today we continue a series of discussions about the basics of Marxism — a method for understanding and changing the world used by many of the great revolutionaries of modern history. We discuss the Marxist understanding of the role played by stock markets in capitalism. How has the function of stock markets evolved over the years, and how do they contribute to today’s exploding wealth inequality?

Richard Wolff is the co-founder of the organization Democracy at Work and the author of many books, the latest being “The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself”. You can check out his work at rdwolff.com.

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