Here, check this out, a U-Mass Amherst, Yale economics professor openly endorses marxism in the article below
Now I am beginning to understand why Willliam F Buckley once said he would rather entrust the US govt to the first 400 people in the Boston phone book than the faculty of Harvard:
Regarding the recent crisis, this dangerous twat writes, in an article on "truth-out"Capitalism's Ideological Crutches
"...A different economic system would have prevented that outcome. A different economic system would shape and sustain altogether different government policies.A different economic system from the ground up means reorganizing enterprises to put democratic majorities (of employees and of residents of communities that interact with the enterprise) in charge of all the basic decisions: what, how and where to produce and what to do with the profits....
....With the people in charge of enterprises - instead of tiny groups of capitalists - the economic resources they send to the government (e.g., taxes) will require it finally to serve the people
Just as capitalist enterprises always made sure to shape government to work primarily for them, so a social transition to workers' self-directed cooperative enterprises
would make sure that government, for the first time, genuinely works for the majority.
Here is the BIO of this clown:
RICHARD D WOLFF
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008.
He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan.
Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973).
In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne).