Economic Update: Capitalism, Gender, And A Split Society

Рет қаралды 31,809

3 ай бұрын

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[EU S14 E09] Capitalism Gender And A Split Society
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This week's episode of Economic Update we discuss we discuss the underemployed of US college graduates, failed anti-Russian sanctions, the collapsed UK birthrate, and expanding wars in the Middle East, we will dive into the costs and risks in absence of a ceasefire in Gaza. Finally we Interview Dr. Harriet Fraad, host of Capitalism Hits Home and a clinical therapist. Professor Wolff and Dr. Fraad explore the post 1970's deindustrialization in the US, its impact on white males versus other social groups, and resulting US social splits.
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Пікірлер: 334

@kp6215 3 ай бұрын

Your fans know you to are married and glad you have each other ❤

@ashleypello7532 3 ай бұрын

I love that he's so professional u wouldn't even know if ur not big fans like us 😂😂 Love Prof Wolff

@clarestucki5151 3 ай бұрын

The union of a Fraad and a 'Fraud'!!!

@mr-yeah 3 ай бұрын

WHAT?! omg for YEARS i thought i was a fan :-o #todayiLearned

@merbst 3 ай бұрын

It's ok, you are welcome to be a fan ic you want! @@mr-yeah

@davepuxley7387 3 ай бұрын

@@mr-yeah me too!

@JoseGarcia-dr7cp 3 ай бұрын

Great program as always, thank you prof. Wolff!

@jessegreywolf 3 ай бұрын

So good to see Dr Fraad again. Such a brilliant, insightful and compassionate woman

@codeorbs 3 ай бұрын

Greetings from south Sudan , I enjoy Dr Fraad's commentary

@esotericist6667 3 ай бұрын

A big thank you to Drs. Wolff and Fraad for this episode! I especially enjoyed Dr. Fraad's discussion of the intersections of capitalism and gender stratification.

@helenmartin9150 3 ай бұрын

A granny in Australia says...I would like to praise Prof. Wolff, and Mr Robert Reich and recognise that at least one lone elderly person outside the USA follows both religiously (that being as close to interested I am in anything to do with religion!), and respects every word which leaves their lips. It seems to me (nearly 80yo) that each of them could retire and relax, but both, for the sake of community and country work REALLY hard. Diligent research and communicating factual, trustworthy information takes, I imagine, a lot of energy. Engaging the listener so that they continue to LISTEN is an awesome thing. Thank you. Peace. Give it a chance.

@zacharypaul4932 3 ай бұрын

They are genuine people,a rarity in this world

@Googlag 3 ай бұрын

Religion is a philosophy of deception and self-deception

@TennesseeJed 3 ай бұрын

Always enlightened by the Wolff family!

@denniscosban6145 3 ай бұрын

Doom chaser 😂

@TennesseeJed 3 ай бұрын

@@denniscosban6145 Is that like a dream weaver, but more nightmarish?

@denniscosban6145 3 ай бұрын

@@TennesseeJed😅 nightmarish!! I would be lying to you if I told you I wasn't afraid of the future. I find it difficult to be optimistic as each year passes

@TennesseeJed 3 ай бұрын

@@denniscosban6145 Me too Dennis, me too.

@davepuxley7387 3 ай бұрын

What a brilliantly lucid discussion! Thank you for this

@anhedonic-voting 3 ай бұрын

Thank you 🌎✊🗽🌹

@leroitiaks 3 ай бұрын

It is NOT the "Houthi" attack but the military actions of the Ansar Allah government,

@RSAgility 3 ай бұрын

The US government has a massive black budget. I usually assume they use it to fund these terror organizations, if not indirectly, so you can't follow the money and guns to them There's just so much war and you need to realize they keep asking for more funding for expansion. That's not what we as humans need. We need to downsize not grow larger. If we don't, the end is collapse, not a utopia...

@pessi6185 3 ай бұрын

👍🏿👍🏿👍🏿

@Notfunnysam 3 ай бұрын

I agree that this is worth pointing out. Houthis is used as a pejorative.... Ansarallah is a beautiful name.

@kylezo 3 ай бұрын

@@Notfunnysam I personally do not take "houthi" as a pejorative, to me they are considered heroes like all the rest of the martyrs resisting this atrocity. but i agree that there is not enough depth of awareness on who all are supporting the resistance in the red sea

@deonli8014 3 ай бұрын

How come we don’t have these sensible people in government office

@LoneWulf278 3 ай бұрын

Imagine the difference it would make.

@lordk.gaimiz6881 3 ай бұрын

Because unfortunately that isn't how our world works.

@jgalt308 3 ай бұрын

@@lordk.gaimiz6881 and it never did.

@bluewater454 3 ай бұрын

You can simply move to California if you really want to see people like this running the government 😄

@samnuck 3 ай бұрын

Because they don’t have a price 🥲

@nholth 3 ай бұрын

Your perspectives on America's problems bring so much clarity to things which for many years had been unclear to me, I have found this video (and many of Professor Wolff's former talks) to be very helpful in improving my understanding of the dire situation the country is in. Thank you for your efforts.

@earthsystem 3 ай бұрын

Thanks what are clear explanation it really makes my heart aches for what families want to be.

@ikeu6433 3 ай бұрын

Not gonna lie, that intro beat was absolute fire. I was not expecting that 🤣🤣🤣🤣

@charlottehammond8975 3 ай бұрын

i KNOW! the rest is bonus after that

@cat_terrell 3 ай бұрын

Please, do more of these with both of you. Thanks

@shellb1633 3 ай бұрын

❤ Love you guys!

@denniscosban6145 3 ай бұрын

We love you too 💕

@DEIYIAN 3 ай бұрын

There is a saying "in theory and practice is like that for sure, but in the real life it is totally different "...

@cheri238 3 ай бұрын

Thank you always, Professor Richard Wolff and Dr. Fraad, for your knowledge, you share together with your expertise in both your fields.

@falsificationism 3 ай бұрын

I love the segments with Dr. Fraad! Her approach complements the economic dimension so well, essentially translating numbers to fundamental human experiences and the effects of our economic structure on actual individuals living real lives.

@SwirlingDervish536 3 ай бұрын

Always learn so much here,and Dr Fraud is just wonderful.❤

@vladalterax9840 3 ай бұрын

Fraad*

@naturallaw1733 3 ай бұрын

"D'oh!" - Homer Simpson 😁

@TokuPonii 3 ай бұрын

thank you for saying all of this, Professor Wolff. I'm glad to see that SOMEONE is out here saying this, because when we try to bring this up, whether to our families or bosses, we get placated, gaslit, and ridiculed.

@edmumdtan2278 3 ай бұрын

Love, kindness and compassion will solve all the miseries American working men and women are going through. Impossible because our world is a machine world. Machines cannot produce love, kindness and compassion.

@thorntonwilliams3851 3 ай бұрын

Those aren't priorities of capitalism.

@ja615 Ай бұрын

Thank you, Dr. Wolff, for saying, “the depths of the Depression” instead of the more common (and oxymoronic) phrase “the height of the Depression”.

@0150Tricia 3 ай бұрын

Brilliant!

@JMoroccoMisterBoy 3 ай бұрын

I can ALWAYS watch your entire Program, very informative, Dr. Wolff : Tks., much appreciative.

@LolaBgcps 3 ай бұрын

I appreciate Prof Wolff and Dr Fraad .

@anopinionatedlaymanappears9052 3 ай бұрын

I would love to hear what Dr Fraad has to say about the Freudian interpretation of class struggle or about psycho-politics.

@kylezo 3 ай бұрын

Take it from Dr Fraad, Freud was a fraud.

@littlestone1541 3 ай бұрын

Oh it's the Capitalism Hits Home lady! I Iike her podcast. great odea bringing her on!

@Acode7940 3 ай бұрын

Really good--the whole thing. Thanks.

@raymondbyczko 3 ай бұрын

Thank you!

@elitorres1192 3 ай бұрын

Great segment👌

@ajithsamarasinghe3262 3 ай бұрын

Really interesting. Looking at the world issues in different angle. Superb program.❤

@ajdakam 3 ай бұрын

Great conversation!

@taseti9202 Ай бұрын

Thank you!!!! You both are amazing and your posts are always informative

@sinaBehmanesh 3 ай бұрын

great and knowledgeable discussion, thank you

@bernardheathaway9146 3 ай бұрын

Great combo!!

@brianbeecher3084 3 ай бұрын

This lady is describing what I have been stating for a very long time. That, on a ten part scale, the avalanche of married women with children or without into even the upper echelons of the workforce, is nine parts economics and as little as one part women’s lib. But no doubt today’s womanhood would not put up with a return to what in the day was often referred to as the “Suzy Homemaker” lifestyle. Most likely they would equate that with returning to the days when women couldn’t vote.

@advandepol7537 3 ай бұрын

Brilliant analysis in social studies again by mrs. Wolff.

@nthperson 3 ай бұрын

Professor Wolff has in this talk raised many crucial issues. The systemic challenge at the root of these issues is that our socio-political arrangements and institutions have evolved to secure and protect entrenched privilege. The result is an inability to experience sustained full employment without inflation. Immigration is opposed, in part, because we have an economy plagued by a redistribution of wealth from producers to non-producer "free riders" and "rentiers." Of all the analysts and commentators who have attempted to explain our circumstances, I recommend two recent books by British author Fred Harrison, Director of the Land Research Trust in London. He is now working on the third volume of a trilogy he has titled "#WeAreRent". In these books he explains in great detail the consequences of allowing the rent of land, of other natural assets and societally-permitted monopolies to be privatized.

@maxamerimaka 3 ай бұрын

Thanks to Professor Wolff I discovered Dr. Fraad who is one of my favorite youtubers. A wealth of information from this family.

@dajonbradford 3 ай бұрын

yet another fantastic presentation!

@daniellahootian6487 3 ай бұрын

thank you professor. I realy appreciate your videos. regards from sweden ❤

@gabriellehunstock8767 3 ай бұрын

I love your work prof Wolff!

@user-dc4wh9xy3g 3 ай бұрын

FANTÁSTICO! Parte 1: Geopolitica e Atualidades. Parte 2: História, Sociologia, Psicologia + bônus: Dra. Fraud deu-nos uma luz no final do túnel. OBRIGADO de Manaus/Brasil.

@standinginthegap7118 3 ай бұрын

Keep up the good work Professor Wolff

@geraldmantel4955 3 ай бұрын

Nice and concise, no "monkey-mercials."

@williamlathan6932 3 ай бұрын

Great food for thought.

@_robespierre 3 ай бұрын

german marxian critic robert kurz said in a fairly short radiofeature, where he laid out the capitalist destructive forces on qualification, that the 3 states of it are "dequalification, disqualification and unqualification" hitting everyone of the working class, which is everyone, that doesnt live on money earned by stocks, rents or else

@kp6215 3 ай бұрын

Love Harriet wish I could hire her.

@terryhollon7823 3 ай бұрын

Well said!

@averayugen7802 3 ай бұрын

I have a chance to become a MSW therapist or a beautician. I think I will have better work opportunities as a beautician and I can do social work on the job. Patrons talk about their lives and for once I can answer them wisely. I have always been inadequately employed anyway and if Richard is right, it wont get better with an advanced degree, wish as I might. The field isn't pulling its weight anyway. More out of wedlock births, more kids in foster care, more foster care disasters, more disrupted families, more addiction, more sui*ides and longevity is lessening. More exploitation in every way. "Everyone" is seeing a therapist and the misery in this country (USA)is spiraling up..But in the movie "Places in the Heart" women kept getting their hair done.

@janelliot5643 3 ай бұрын

You will always be able to support yourself well and you will be doing a great service for women whereas social workers are very manipulated by state policies which are insane right now

@vmargotpaez 3 ай бұрын

I love Dr Fraad!

@mr-yeah 3 ай бұрын

@angelicafrancisco3943 3 ай бұрын

Amazing 😅

@frederickhines414 3 ай бұрын

That was an excellent conversation

@suzanneharris8339 3 ай бұрын

Both of these expert doctors have their fingers on the pulse of our society. A real pleasure to listen to them. 👆 👏 💯

@geraldinegranger9186 3 ай бұрын

Thank you for explaining the real reason behind old white male anger. I’m becoming increasingly fearful that the false narrative (feminists are to blame) has intensified the inevitable backlash against women. I’m not sure how to respond to that.

@Notfunnysam 3 ай бұрын

Thanks Prof. We are traumatized and social media content creators are becoming more than incentivized towards shocking content and telling people what they want tl hear in order to attract unsuitable audiences in order to meet metrics to make ends meet. I appreciate your format.

@NinthSettler 3 ай бұрын

The problem you mention is very much present in the RoK. Man vs Woman is a very serious issue there.

@Imblakeimblakethatsrght 3 ай бұрын

The hardest part when listening to your thoughtful updates, is being left what to do after learning and ingesting what you've stated. I'm sure the answer is related to taking care of your necessities, helping out your community, and having due patience for what is to come.

@Imblakeimblakethatsrght 3 ай бұрын

To note there are other things like learning toward self-actualization and simply having fun as other areas to focus on.

@karllogan8809 3 ай бұрын

His solution: vote Biden because Trump's 'wacist/sexist'. 'Gee thanks Mr Wolf, hey Joy Reid and Rachel Maddow told me the same thing, they should have you on their show or vice versa'.

@janelliot5643 3 ай бұрын

@@karllogan8809vote for Kennedy

@angelalagomarsino9303 3 ай бұрын

Good needed to be said.

@ComradeJean 3 ай бұрын

Exactly 💯 The Houthis are doing what Arab leaders did not. And if you are so irritated by the Houthis, then call for a ceasefire. Stop this genocide so that the Houthis stop. From the river to the sea, Palestine will be free ✌️🇵🇸

@annettecaamano3536 3 ай бұрын

Great video

@markcurranjr7366 3 ай бұрын

You forgot about Affirmative action and its effects.

@charlottehammond8975 3 ай бұрын

i like that they embody a healthy supportive couple that has overcome a lot of what they discuss also wolf and fraud (sorta) are great names to have when discussing these topics. like stage name good

@yukonnoka 3 ай бұрын

Paul Goodman talked about all this back in the 60’s.

@forsakensavior7316 3 ай бұрын

Beautiful!!! Exquisite! ❤

@nohaydeque334 3 ай бұрын

Please invite David Ellerman onto your program to discuss the concept of human rentals and the "labor theory of property" critique of capitalism.

@Turdfergusen382 3 ай бұрын

No need for flashes between camera views. Great episode

@kp6215 3 ай бұрын

I remember the oil embargo in 1973 because of Israel that told me have no children with my Honda getting 50 miles per gallon as I was in college for History Psychology.

@denniscosban6145 3 ай бұрын

AND!!

@brianbeecher3084 3 ай бұрын

That was when the big gasoline shortage happened. But not much has changed in the intervening half century. Done nothing to reduce auto dependency, with many more cars on the road than there were then.

@reddoggie554 3 ай бұрын

I was unaware that Israel was responsible for the 1973 oil embargo. Can you explain how they were responsible?

@robertculver6845 3 ай бұрын

Getting ready folks takes steady patience

@egbutler114 3 ай бұрын

The conflicts between the genders are easily predictable in this market economic system. It should have been known that our traditional roles wouldn't been sustainable as that market shrinks for the working class.

@bertbaker7067 3 ай бұрын

@~2:35, talk about social failures, how did they ever convince us that it's normal to work full time but still not be able to afford housing?

@Dateconomics 3 ай бұрын

That was incredible. I love her. You guys explained what I've been talking about for 5 years. The Dateconomics. But yes in short when men don't make enough money to support a family women don't want to sleep with them. Women had to step into their masculine energy to survive. And now the vast majority of women don't want the vast majority of men. Add social media to this already disaster and you get the lowest fertility rate in history. Women are choosing only the top 5% of men. And about a hundred other problems that has completely ruined the dating market. I appreciated this content and I'm just glad to see other people finally talking about it.

@alonzocrawford3212 3 ай бұрын

Wow...... everything is correct as to what she is saying...❤

@sidhaarthamaadhyamika5894 3 ай бұрын

❤

@redmonkey3556 3 ай бұрын

The line continues to rise as the escalation escalator continues to run.

@ericsuarez834 3 ай бұрын

Please bring her back

@commraiders5 3 ай бұрын

Holy shit. She just put the modern angry white man and the victim complex they have and the MAGA movement so succinctly and perfectly I almost cried. As an uneducated white man, I don't feel any of that anger because I had 6 sisters and a single mother and no positive male role models, and I feel fortunate for that, but I do feel that lack of identity. There's really no culture for us. I'm just straight and white. I have a wonderful life, but it's hard to find community in places with people like me who also don't come with that anger and lack of awareness of where the blame lies.

@greenoism 3 ай бұрын

There are too many people already in this world. It's co competitive that the grads can't find that work. People are correct to not have children. Just look at this messed up world going AI...endless wars, people we already have aren't taken care of. The government doesn't take care of those with disabilities but it can make people become disabled. One reason the graduates of college can't find work is the baby boomers won't retire and control those upper positions. I am one of those grads...a masters in architecture, all that is available to me are high-school or equivalent jobs...unless I want to work for a corporation...and you can't get that job. Unemployed now for 6 months. 56 years old, lots of experience in my field.

@Celis.C 3 ай бұрын

For the most part I very much agree with the message you are sending out to the world, but I do see one rather critical hurdle with the notion of "democracy" at work. Especially in a country like the US, the very system of democracy has been eroded. There are plenty of videos out there explaining why, so I will not go into further details. That being said, that means that the average US citizen doesn't really understand what democracy truly is. I'd call them democratically illiterate. How do we go about making these people sufficiently literate to make the right decisions when democracy _does_ come to the workplace?

@BrokenDiety1 3 ай бұрын

Human sexuality is the biggest hurdle.

@MotorhomeMarx 3 ай бұрын

I wonder if there's an increase in accountants, lawyers, and health professionals and I also wonder if more are also now getting advanced degrees than the decade before

@benjaminstarks4071 3 ай бұрын

Good ol' Charlie Fabian.

@xzyeee 3 ай бұрын

The doctor is staggeringly, leathally accurate in THE delineation of the problem. Brilliant just does not do this discussion justice.

@kylezo 3 ай бұрын

If anyone walked in on me watching 2 old timers talking calmly and being riveted they might throw me in an ambulance. but this was like, so riveting. lol

@stevenross6088 Ай бұрын

There are no lies with the professor. We can actually learn something here.

@brianbeecher3084 3 ай бұрын

He Thinks He’ll Keep Her, by Mary Chopin Carpenter. But what she’s saying about men not having social connections is a bit off. They often went out bowling, had barroom buddies, etc.

@charleshubbard3573 3 ай бұрын

Like the T.V. show ,all in the family

@thejubieexperience 3 ай бұрын

Technology has been deskilling jobs at a rate unseen in the last few centuries and it's accelerating thanks to Open AI and other AI developers. There's a few very technical jobs(tech, skilled trades, etc.) and many jobs requiring very few skills. Most of us, even the college-educated fall into the latter category. Barring a neo-luddite revolution, we need to think about how society can function during the post work era.

@elijahsimon6992 3 ай бұрын

It brings joy to my heart to hear an older white woman telling it like it is!!😍

@michaelsamuel7365 3 ай бұрын

These problems are getting bigger.

@mspiekkola 3 ай бұрын

I am very happy to have met your wife. Each one of you with your own complimentary 🎉expertise.

@jetstream3528 3 ай бұрын

100 % truth

@zeppo3508 3 ай бұрын

Surely outsourcing is different from offshoring ,which is what actually happened

@kp6215 3 ай бұрын

Harriet is 100% correct because I worked and never had children because the cost of housing with 50% divorce rate that I was wise never to have kids when men leave leaving the wife and kids then doesn’t support the children thus the women and children became poorer because this isn’t rocket science as Harriet can interview me anytime. Then the medical care was costly with medical mistakes never compensated when the hospital/ surgeon wrong surgery but fail to compensate except the federal government pays the permanent disability.

@denniscosban6145 3 ай бұрын

Okay now I got the rest of the story😊

@bluewater454 3 ай бұрын

You went to college - and still can’t use punctuation? Maybe this is why college grads are only finding minimum wage jobs now? 🤔

@beaubiden9293 3 ай бұрын

When 🐺 howls I listen, it’s as simple as that…

@wayneguba4787 3 ай бұрын

First round 2014

@felicetanka 3 ай бұрын

Around the world Britain is synonymous with dystopia.

@kevinschmidt2210 3 ай бұрын

Great Britain committed more genocide and ethnic cleansing than any other country in the world since the beginning of recorded history. In India alone, Great Britain slaughtered more than 165 million Indians in less than 70 years. Even Nat zee Germany and Hitler did not come close to that level of carnage.

@justamaninTN 3 ай бұрын

I think I saw that Britain, outside of London, is one of the poorest countries in Europe. The divide between rich and poor is even worse than in the US, which is saying something.

@kevinschmidt2210 3 ай бұрын

Great Britain is the bloodiest country in history. In India alone, they slaughtered over 165 million people in only 70 years. Not even WWII Germany comes close to that amount of carnage. Although, the US is trying to take both of their places.

@LeeHauser 3 ай бұрын

Here's a conversation topic for the show, in twenty to thirty years when the betrayal of the American working class is too blatant to ignore, what's going to prevent an entire generation turning to martydom as a form of retirement/political revenge?