Ask Prof Wolff: Credit score Playing cards as Refunds – One other Revenue Hustle

A Patron of Financial Replace asks: “It’s curious what firms will do within the occasion of a refund due. I discover it very unusual that Chrysler despatched me a Visa card for the worth of a $300 refund they owed me. Verizon did the identical factor for a $30 refund. Why wouldn’t they simply ship a test? Why on earth would they do that? Somebody advantages, however who?”

That is Professor Richard Wolff’s video response.

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“Marxism at all times was the vital shadow of capitalism. Their interactions modified them each. Now Marxism is as soon as once more moving into the sunshine as capitalism shakes from its personal excesses and confronts decline.”

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