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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