On this week’s special Labor day episode:
Professor Richard Wolff honors both Labor Day and President Abraham Lincoln. President Lincoln once said, in 1861, that “Labor is the superior of capital.” Yet, capital in the United States has only two major political parties, the Republicans and the Democrats, both of whom are currently advocating for capital over labor and essentially operating as a two-party monopoly, excluding all others.
In today’s political discourse, Labor has no party advocating for what Lincoln once advocated. The injustice and inequality generated in and for society by capitalist economies is neither necessary nor welcome. A genuine labor party is the missing solution.