Ask Prof Wolff
Ask Prof Wolff
Democracy at Work - Richard D. Wolff
Why Yale and Other Non-Profits Should Be Called "Tax-Exempt"
7 minutes Posted Jan 20, 2023 at 5:00 pm.
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A Patron of Democracy at Work asks: "One issue I hope Prof. Wolff might address is a comparative analysis of the role of for-profit vs. non-profit corporations. For example, in the recent shows on inflation, he notes that raising prices by the employer is motivated by profit maximization. This dynamic can't play an obvious role for a non-profit, but they could raise prices to maximize the salaries of high-ranking corporate employees. But do they? Alternatively, would we be better off with more non-profits? The big picture here would be invaluable."

This is Professor Richard Wolff's response.

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