Wolff if I had a decent job I would definitely donate monthly to your channel. You do amazing work and I think we all appreciate what you bring to the table. 🤜🤛

Greetins friends, I worked for a yankee company, which had been manufacturing here in Scotland for 42 years. When we were in the process of setting up a union, an advisor from the national union which we wanted to affiliate to, warned our workforce that 'with American firms - the more the workers become organised - the more likely the workers are to lose their jobs.' We established a union - and 2 years later, the company was moved to Poland!

Great video sir as always, i'm 100% for socialism because capitalism always turns into full blown greed.

The workers {employees) united will never be defeated!

Among the most knowledgeable, honest and brave economists are Dr. WOLFF, DR. MICHAEL HUDSON, DR. RADHIKA, DR. WERNER. 👏

Thanks prof. Wolff! Best greetings from Vienna.

Great talk. Everyone should understand how capitalism drives climate change.

Not as dramatic, but similar story what happened to me in 1996. I was an accountant at NCR Corp in Dayton Ohio. After keeping my job through a series of musical chairs style downsizings, I was let go in the latest downsizing. The next week I received in the mail a big lump of glass etched with my name and "Top Performer" as part of the financial reporting team. This is the irrational type of stuff capitalists do when the higher-ups want their bonuses.

Thank you for this upcoming presentation.

Hippocratic oath or hypocracy? Our for profit health care racket is all for humanity, unless that gets in the way of profit making.

Appreciate the focus on the climate crisis. More please.

Thank you Professor Wolf ! I just wish we could have a president Wolff , what could we just do then with USA and the world .

Thank you!!!We need more of you!!

You are my best friend. I don´t know how to say. You have been my best company -- a kind of oasis in this dry land of day by day

Thank you 👍

14:06 so true, you own none of it and they'll drop you like a shitty rag when it suits them.

Paul Krugman is such a tool of Corptocracy so of course he won awards for it.

just wonderful, many thanks.

Interesting and inciteful as always. Thanks Prof Wolff

Economic democracy ✨

Thanks Richard🙏🙏

"Collective consumer goods" doesn't mean "you will own nothing and be happy"... It ain't socialism.... Greetings from the former People's Republic of Bulgaria 🇧🇬!!!

Professor Wolf, a great teacher, of world history, economics and politics. The wrong headed American 🇺🇸 politicians should better listen him , than ignoring the problems they have today.

In Brazil we say "você é o cara". In a translation word by word: you are the guy

Love this channel

Thank you!

S/o Charlie, Thank you

If course Dear. Keep going well are with you

excellent program as always! I'm left feeling a US govt mandate to subsidize clean energy consumption and innovation (like in Germany and China) is the only solution to climate change

🌹👊 solidarity comrades

Dr Wolff is an extraordinarily gifted individual and academician.. And far too knowledgeable not to know that our modern world would be unimaginable without these fuels.

Welcome to the Colosseum, I’m your host and todays show brings back those wild and crazy entertainers you love (I can’t quite call them gladiators, bar fly comedians? perhaps) It seems that the powers than run this country have run out of credible candidates or puppets to be more honest, for this national sporting event. Perhaps… they don’t need to find and stage credible or truly qualified (moral) political figures anymore - when it has become obvious how low public thinking and consciousness has descended. I suppose this is the most successful shell game to ever draw the bystanders or suck in the bettors. But I must give credit where it’s due. Where else, or when else has this game been so successful? (Well, maybe Vince McMann’s WWF wrestling federation or Jerry Springer), surely television has increasingly conditioned us in the last several decades. It would be funny except for the fact that we “supposedly” hold the steering wheel to the most powerful nation on earth. But, back to crediting a devised system of genius, it is impressive to see how society has been pounded in believing that we (and Israel) are the greatest democracies on earth. Where else can you stage the same puppet show, with the same puppets!,, over and over again? (Well Israel I suppose, Russia). The system has been proven to work; its success overshadows all others in just observing its chronological time in existence. At no time do the powers that control this nation have to expose themselves, the wizards behind the curtain. With only two candidates, If one paid prop loses or is assassinated they win anyway holding the strings on both of them. Theatrical rhetoric may express opposition among the cheers and boos, but policy remains the same and proves to be so repeatedly. And, of course in the event of violence, the spineless string masters never have to suffer or even be recognized on a campaign poster or wall where even evil dictators were exposed.

Why haven't I heard your discussions on frequent broadcasts on the daily/weekly on the You Tube broadcasts for residents of N.W. Washington State. I had to look hard to find this one (7/16/24). I have missed you!

I love Whitney! I'm currently finishing her second book.

Democracy is when those who make decisions on your behalf have the duty to ask for your consent first. Today's republics are actually modern oligarchies where the interest groups of the rich are arbitrated by the people, that is, you can choose from which table of the rich you will receive crumbs. The "fatigue" of democracy occurs when there is a big difference between the interests of the elected and the voters, thus people lose confidence in the way society functions. As a result, poor and desperate citizens will vote with whoever promises them a lifeline, i.e. populists or demagogues. The democratic aspect is a collateral effect in societies where the economy has a strong competitive aspect, that is, the interests of those who hold the economic power in society are divergent. Thus those whealty, and implicitly with political power in society, supervise each other so that none of them have undeserved advantages due to politics. For this reason, countries where mineral resources have an important weight in GDP are not democratic (Russia, Venezuela, etc.), because a small group of people can exploit these resources in their own interest. In poor countries (Romania, Bulgaria, Greece, etc.) the main exploited resource may even be the state budget, as they have convergent interests in benefiting, in their own interest, from this resource. It is easy to see if it is an oligarchy because in a true democracy laws would not be passed that would not be in the interest of the many. The first modern oligarchy appeared in England at the end of the 17th century. After the bourgeois revolution led by Cromwell succeeded, the interest groups of the rich were unable to agree on how to divide their political power in order not to reach the dictatorship of one. The solution was to appoint a king to be the arbiter. In republics, the people are the arbiter, but let's not confuse the possibility of choosing which group will govern you with democracy, that is, with the possibility of citizens deciding which laws to pass and which not to. The solution is modern direct democracy in which every citizen can vote, whenever he wants, over the head of the parliamentarian who represents him. He can even dismiss him if the majority of his voters consider that he does not correctly represent their interests. It's like when you have to build a house and you choose the site manager and the architect, but they don't have the duty to consult with you. The house will certainly not look the way you want it, but the way they want it, and it is more certain that you will be left with the money given and without the house. It is strange that outside of the political sphere, nowhere, in any economic or sports activity, will you find someone elected to a leadership position and who has failure after failure and is fired only after 4 years. We, the voters, must be consulted about the decisions and if they have negative effects we can dismiss them at any time, let's not wait for the soroco to be fulfilled, because we pay, not them. In any company, the management team comes up with a plan approved by the shareholders. Any change in this plan must be re-approved by the shareholders and it is normal because the shareholders pay.

Fossil fuel companies get $11 MILLION A MINUTE in corporate welfare. It’s a perfect example of the regulatory capture inherent in capitalism. We can do better than this. And we must.

Thanks!

Love this guy

🇫🇮❤prof. Wollf hoping that he would discuss GOP's Project 2025.

Go Charlie! Go Charlie! Go Charlie! It's your birthday!

7:40 sounds more like a professional healthcare opinion given by an award winning nurse. The doctors there in Gaza along with NGO doctors concur!

I would like to ask the professor if he could discuss private equity firms buying up hospitals and destroying our healthcare system.

Thanks

Hospital is a place where one seeks healing and not a political stage.

I think simply saying that Russia replaced the EU and US with China and India to sell oil and gas is a bit too simplistic. You have to consider why the sanctions have not called for a full embargo and that is because several EU countries both rely upon it and quietly still want to continue trading with Russia.

This Rivelary is a headache for any United States Leader

A Dutch Brother's coffee shop opened six months ago in 94553 that I told the town would desimate Starbucks because the coffee is far better . They took my advice the Wendy's was closed and building parking made into a Durch Brother a huge success.

Tks. much

climate passage begins at 16:00

Yeah we're toast

Richard is also older tham Biden. Its not age... its about how one keeps it together.

Yep. More struggle on the way..

Most informative channel on you tube

Thanks, RW!

👍👍

What can we do besides Laugh? LOL

very well thought through...

Marx, living in the 19th century, understood CAPITAL ACCUMULATION, WAGE SUPPRESSION, STATE FASCISM as the greatest social problems of his time period. After WW2 wages did rise to STIMULATE PRIVATE CONSUMPTION and PRIVATE CAPITAL was directed towards REAL ESTATE and STOCK MARKETS. What are the problems of high technocratic late-capitalism in the 21st century?????? Many MARXIST say WAGE SUPPRESSION and lack of CAPITAL TAXATION, but the real problem is TOO HIGH PRICES OF ALL CONSUMPTION GOOD AND HOUSES BY CRONY CAPITALISM. This means that the function of STATE SOCIALISM should not be to increase the power of the UNIONS, nor to raise the prices of ENERGY to reduce pollution, nor to protect the NATIONAL INDUSTRY, but to develop POWER over the CAPITAL MARKETS and the SERVICE INDUSTRY to reduce all prices for the workers with at least 50%.........

@19:00 I hear Gaza has a lot of oil....

Hello Pops ☺️

Prof can vote for Diane Sare for Senator in NY in November 2024 as all New York registered voters . I dependent candidates is democratic not the uniparty.

Should we ask whether all this anti-Semitism Jews are complaining about may be justified?

A rather remarkable book caught my attention a few weeks ago. The book was on a shelf of books for sale at my local library. The title is "The Crisis of the Middle-Class Constitution" written by Ganesh Sitaraman. The book was published in 2017 by Alfred A. Knopf. Professor Sitaraman was at the time an associate professor of law at Vanderbilt Law School and a senior fellow at the Center for American Progress. Today he is a full professor. He has written two other books, both published in 2019. His book takes the reader on an historical journal thru the struggle to establish and maintain republican government. He provides details that lead to the collapse in every society, tracing the collapse to the growing concentration of control over landed property and, as a result, of political power. During the first century of the existence of the United States of America, the key element was access to free and inexpensive land that enabled widespread ownership of property and a dominant middle class (at least among White males, initially). There were periods of serious crisis, of course. By the end of the rebellion against Britain, the federal government under the Articles of confederation was in disarray. The paper (i.e., fiat) currency was nearly worthless. State government attempts to raise taxes on a cash-strapped population led to uprisings in many states, Shay's Rebellion being the most well known. Debt burdens could not be met, and property was being taken by foreclosure in large numbers throughout the states. Sentiments were growing in support of some type of limited monarchy. The solution was to form a much stronger form of national government under a written constitution. And so, the United States managed to survive this early crisis, spread across the continent and slowly create a property-owning middle class. Professor Sitaraman provides the evidence to reinforce what many of us already understand: the middle class is under attack, and our democracy is in crisis. What has brought on the crisis? He writes about the emergence of the plutocracy. And, importantly he offers potential solutions. Whether one concludes he has offered the appropriate solutions to our society's problems, this book is an excellent primer on the history of how we have come to our current state of affairs.

Can anybody tell me when the climate has ever stayed the same on this planet?

It is a beneficial thing to see/have a unionised job if the union is honest and true to left wing/working class principles. But lets be honest now, those starbucks workers have managed to regain a working condition that was increasingly taken away from all post 1950 that was being achieved by the turn of the 20th Century onwards by the majority of western workers. 75 years just to tread water in effort to return to where you were... When you reading this, see a strike end with a resolution in favour of workers, you probably rejoice, but all I do is hold my head in my hands and weep for the fact that all the union has done is arranged an extra few peanuts per hour to keep the workers in line and obedient within a top down anti democratic capitalist system, peanuts that will be undone the minute the next inflation spike or capitalist downturn comes, as they always do. In this fact, unions are enablers of capitalism, not fighters against it. I have never, ever, in my near 50 years, seen a union here in the UK nor Europe nor the US nor beyond, that demands to put themselves out of work by demanding an end to capitalism itself. And that should have been their overriding goal from day 1, it certainly was back in the start of unions in Victorian UK but today they have no wider thinking and only serve to re-enforce capitalism itself. Without a strong socialist and communist movement behind them, what good are they to anyone today in the long run, as like Keynes said of the need for change NOW, ... "In the long run... we are all dead."

Wait a second, Prof Wolff! I have learned so much from your lectures over the past several years, and I usually agree with your positions. But are you SURE that just because a place is a worker owned and ran co-op, that politically motivated firing as wouldn't occur!? I'm not so sanguine about that. Y'know, "tyranny of the majority" and such.

✊☮️⚛️

✌🏽✌🏽

I wanted to save the human race ..but the humans didn't want to lose their jobs!!

Why struggle with something humans can't control. Weather

Please do a piece of Bangladesh

In regards to the nurse is it truly a political view which I find a scapegoat or was she just being humanistic

Krugman is a fool

✊🔥

do any other good economist exist besides our guy here?

If Gaza is a genocide because of the children, shouldn't Ukraine be considered a genocide also because of their children? If not, why? (Please don't say that Russia has not targeted civilians because the evidence is abundant. Ukraine didn't wipe out their own town, cities and villages.)

Union pensions funds, 401k, IRA are in Black Rock and Vanguard investments😮🤑

ALL sources of energy MUST be profitable & as the new subsidized technologies to create energy emerge, grow & become corporate entities, they too will throw their money & weight around in Washinton etc... too, to more secure & favor their business' futures & profits as well. It is the way of all business here & around the world (believe it or not). Countless millions of Americans "desperately depend" on the products & income from the oil & gas industry as an employer, & millions of middle class & elderly folks are only surviving & housed because of their oil & gas income, which for most of them is split up between multiple beneficiaries of their oil & gas rights; therefore it isn't making them "rich". It is keeping them out of poverty & once that's gone there is no safety net. When that industry is gone there will be massive residential property foreclosures, even more homelessness & shuttered businesses because there is no other industries in America inwhich to absorb & employ ALL THOSE TENS OF MILLIONS OF PEOPLE. When that industry is gone, even with the negative aspects of it, there will never be another industry that has or ever will be able to employ & economically benefit so many millions of middle-class people in the US. So as the saying goes, be careful what you wish for.

What do you think, about most major corporation IN THE USA look like this, 113 BILLION IN STOCKS, 47 BILLION IN DEBT, AND 8 BILLION IN CASH AND LESS THAN 1 PERCENT of the stock IS OWNED BY MANAGEMENT !!!! and this where your retirement money is going and where the most TAX CUTS ARE GIVEN !!!!!!! don't just believe me look for your self GM INTEL FORD 3MM , DOW , INTEL , BAC, WFC ,ETC ETC ETC

90 percent of cancers come from car exhaust...

It's funny; Folks should look into Wegman's. Most of their orientation videos are about 5-15 mins long (policies, customers, safety, etc.) They have ONE video, with full production, that is 45 minutes long all about why unions are bad for Wegman's workers. The fictional narrative has our lead as an Eastern European guy explaining to a coworker why this country is great and how he wouldn't have it so good if Wegman's had a union. They also own the property on which most of their stores reside. This apparently gives them legal rights to prevent any public gathering of their choosing.

The earth goes through cycles, so the climate will be changing. However, that doesn't mean we need to keep on our path.

💢

So when will the Nutty Professor talk about his alternative to the cost (and profit) of extracting coal, oil and gas. I'm talking about the cost (and profit) of extracting lithium and cobalt from the earth for the storage of electricity. The environmental fallout from lithium mining is clear and far-reaching. Massive quantities of fresh water, classified as a precious resource in these arid regions, are diverted for lithium mining operations, fueling the salt flats brine. This leaves local communities and wildlife parched. Sulfuric acid and sodium hydroxide used in lithium extraction penetrate the soil and water, poisoning ecosystems and endangering species. Research from the journal Proceedings of the Royal Society shows that two flamingo species in Chile are threatened because of lithium mining. Deforestation, habitat destruction and water pollution further exacerbate the ecological toll. The delicate balance of nature is disrupted, which leaves long-lasting damage that takes generations to heal. The carbon dioxide and other greenhouse emissions that come with the process of lithium mining, extraction and overall production are worse for the climate than the production of fossil fuel-powered vehicles. A study from The Wall Street Journal in 2019 revealed that 40% of the total climate impact caused by the production of lithium-ion batteries comes from the mining process itself. Smartphones, computers and electric vehicles may be emblems of the modern world, but their rechargeable batteries are frequently powered by cobalt mined by workers laboring in slave-like conditions in the Democratic Republic of Congo. When will Wolff produce a video about child slave labor used to mine cobalt used for lithium ion batteries? I'll wait.

a senior citizen for senior citizen casino escort you provide vehicle

7371

Please get a literate human to pre-read the subtitles, some of the current spellings and inventions are hilarious nonsense !

I put this comment on your last video, decline of an empire, and I'm putting it again here: I've watched many of your lectures, and I do not understand the parallels you draw between the G7 and BRICS. Yes, it is true that BRICS has increased in economic power, but you do not mention the other side of that. China, the most powerful of those nations, has immense problems with human rights violations and workers' rights violations. The US also has issues, but it is at least a state where you can make a video like the one you have posted. It does not prosecute and under-represent its workers to the extent that China does. Examples of this in China include Uyghur forced labor, exploitation of migrant workers, Foxconn suicides, the Hukou system, and many more. You claim the US is in decline and that China, a communist country, is doing better. China is not a communist country; it is a racist autocracy that practices oppressive policies at levels incomparable to those of the US. The US's domestic policy can be seen as exploitative, but at the very least, there is the potential for change. China has leveraged the fact that they don't have to treat their workers well or pay them fairly to get where they are now. If you are going to blame the US for exploitation, you should also blame China and its version of communism. If you argue that "But that's not real communism," then I can reasonably respond, "What the US is doing isn't real capitalism either." You are cherry-picking examples and misrepresenting them to push your pre-conceived agenda. To equate and compare the two highlights a gross lack of fairness on the subject and presents a narrative that is false: the United States is capitalist and failing, while China is communist and rising. This narrative is misinformed and ignores a vast number of other issues. The process of finding the truth requires a critical examination of ideas. I don't say this to present an agenda or to discourage, but simply to participate in civil discourse. From the videos I have seen of you, you seem to hold socialism in high regard, which is completely fair, but I don't think you are presenting a fair and balanced argument. To advocate for the change you desire, you must be fair and equally critical of both narratives, else you set the precedent for further problems down the line, as socialist policies become less scrutinized, even if they are bad. Furthermore, your critique of the US military does not represent the entire effect the US military has on the world. Yes, it is true to say we lost in Vietnam and the wars in Iraq and Afghanistan were not very reasonably justifiable. This is fair criticism. But let us not detract from the fact that, for better or worse, the United States possesses, by all estimates, the most capable and versatile military on the planet and provides defense to many nations around the world. This presence has contributed to at least some degree of stability for the Western world and beyond. In your critique of America, you fail to mention this. In your video on tariffs, you claim the government is lying about them, that tariffs have pros and cons, and you advised not listening to them. So why is it, then, that when you provide a biased and misrepresentative interpretation of the United States and its decline, we should listen to you? You preach fairness and equality but fail to demonstrate either yourself. Under Fox News comments, I see people praising Trump like he is Jesus Christ. Although you may think you are different, the same type of comments are here as well-a blind acceptance of your words as gospel. I do not understand why. I am trying to come to an understanding of the world and the truth of the matter and cover a lot of content. I implore anyone to respond to this and please point out my errors in logic. Thank you, I hope my words reach you and I hope you understand I do not critique you to push an agenda, but to try and reach a mutual understanding.

Where do they use socialism, right now?

What happened to the nurse was awful. Now I wonder when Wolff is going to address the suppression of free speech by the CCP in China🤔

You talk a lot of crap.

Climate change is a natural process that has been occurring ever since the earth formed about 4.5 billion years ago. Ever since life started evolving on this planet it has affected the climate in some way. Human activity and behavior on this planet has also affected the way the climate is changing. We now need to learn how to live and to compete for power, status and wealth responsibly, sustainably; in peaceful, fair, moral and respectful ways and to understand that there are limits to how humans can live on the planet. We do not have to love everyone. We do not even have to like everyone but we have to stop believing in magical authorities that live in the sky and in magical stories about human life on this planet and use reason, science, rational and critical thinking to learn about the best ways for humans to survive on the planet.

I was homeless, did drugs, went into prison, where I got to know God. He changed my life. Now I have a home, a wife and a lovely year old daughter (zoe), and a stream of income that gats me $47,000 weekly. Plus a new identity - a child of God, Hallelujah!!!🇺🇲❣️♥️❤️

It's former Socialist countries that are struggling over climate change, not semi-Capitalist. People who participate in Capitalist economies enjoy the freedom to have *_or not to have_* air conditioning...powered by 100% carbon free nuclear energy. Go to China, or Russia, or Cuba, or Venezuela...all actively Socialist or recovering from socialism. Enjoy the smell, the smog, the heat and/cold. Socialism is not about creating better conditions for its citizens, its about feeding bloated mouthpieces like the good Professor. Capitalism leaves people free to participate or not. If you choose to participate, and you are well practiced at something, you can support yourself and thrive. If you choose to not participate, you become a mooch like Marx...or the good Professor.

Flat earth economist on flat earth climate science.

We first covered Starbucks stores organizing on How Did We Miss That in January 2022 and have closely followed their progress. Up to 430 stores - incredible. Here's a playlist on my channel of 20 clips from our How Did We Miss That show from 2022-23 about the early organizing at Starbucks Workers United. We're still going strong! kzfaq.info/get/bejne/iKiJfsSIpq7Nqas.html&pp=gAQBiAQBmAUB Thanks, Prof Wolff!

So Starbucks went commie ... bad news, indeed.

Thanks!

Thanks

Thanks!