Ask Prof Wolff
Ask Prof Wolff
Democracy at Work - Richard D. Wolff
Can Private Foundations "Save" Capitalism?
8 minutes Posted Apr 27, 2022 at 12:00 pm.
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A Patron of Economic Update asks: "Hello Prof. Wolff, I came across this article that shows there’s a study on 'Re-imagining' Capitalism (https://hewlett.org/newsroom/major-philanthropies-launch-effort-to-establish-multidisciplinary-centers-at-leading-academic-institutions/). Why is the Hewlett Foundation engaging Howard University’s Center for an Equitable and Sustainable Society? Could this be a way of making capitalism favorable to excluded and disfranchised people of color finally, or is it something finessing the issue? With no real commitment to rewrite the ills capitalism has caused to the black community and other minority groups?"