Economic Update: Debris From A Declining Empire

  Рет қаралды 96,768

Democracy At Work

Democracy At Work

2 ай бұрын

******************************************************************************
[EU S14 E10] Debris From A Declining Empire
******************************************************************************
This week's episode of Economic Update we discuss we discuss United Kingdom politician George Galloway by-election victory, and the raised minimum wage in UK. We will comment on Elon Musk's lawsuit against the NLRB, as Trader Joe, Starbucks, and Amazon also join to ask right-wing Supreme Court to gut regulation of business. We then look at US protectionism as the Biden administration raises tariffs on Chinese electric vehicles, in an attempt to keep Chinese EV's from US markets. Then in labor news we discuss Starbucks’ negotiations with unions and how Michigan’s legislature killed "right-to-work" law after 58 years.
Finally, we have an Interview Richard RJ Eskow on the current decline of the “US Empire”.
Richard Eskow is a journalist and host of The Zero Hour. a syndicated radio and
television program. A lead writer, speechwriter, and editor for Bernie Sanders’ 2016
campaign, he was also a featured columnist at The Huffington Post. He worked for
years in the corporate world, with governments and with multinational organizations as
the World Bank, specializing in healthcare financing, policy, and information technology.
If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website:
www.democracyatwork.info
And as always, we thank for your attention, support and solidarity.
The d@w Team
Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community:
/ democracyatwork
Or you can go to our website:
www.democracyatwork.info/donate
Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.
We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our KZfaq channel and website: www.democracyatwork.info

Пікірлер: 651
@joekulik999
@joekulik999 2 ай бұрын
"If voting really mattered, they wouldn't let us do it." - Mark Twain.
@kensyjolicoeur
@kensyjolicoeur 2 ай бұрын
man this word must come from a wise man, Is that the dark truth behind democracy?
@KGopidas
@KGopidas Ай бұрын
Well quoted. West supports democracy in other countries because it is easiest formula for corruption
@joekulik999
@joekulik999 11 күн бұрын
@@kensyjolicoeur Wise enough to Keep My Shut, if ya know what I mean.
@geraldmantel4955
@geraldmantel4955 2 ай бұрын
American Indian activist John Trudell : "Not a good time to be living in this earth." Obviously, referring to the destruction of the environment & subsequent extinction of humans. However, Trudell did add that we get to, concurrently, witness the demise of imperialism, fascism, and capitalism. How true!
@donacatanguma
@donacatanguma 2 ай бұрын
We are living in a fascist state.
@kateoneal4215
@kateoneal4215 2 ай бұрын
Mussolini said, "'Fascism' would more approximately be called 'Corporatism' because it's the merger of State and corporate interests." Yep, it fits.
@georgepenguin2515
@georgepenguin2515 2 ай бұрын
We aren’t free and I’m tired of pretending that we are
@YawehthedragondogofEL
@YawehthedragondogofEL 2 ай бұрын
One would have to be a drunken slave to obey the will of a thug like Putin.
@pacearrow4620
@pacearrow4620 2 ай бұрын
Fascism IS a form of socialism. Lol
@kevinschmidt2210
@kevinschmidt2210 2 ай бұрын
@@kateoneal4215 OK, then we're living in a fascist corporatism state.
@vonduus
@vonduus 2 ай бұрын
Remember that when professor Wolff compared the British and the American minimum wage, he didn't mention that the British minimum wage in the rest of Northern Europa is regarded as a joke. Nobody in Denmark would take a job to 14 USD per hour - the equivalent to the minimum hourly wage here in Denmark is around 19 USD, rising to 20 USD later this year. Cheers from Denmark!
@briananderson8428
@briananderson8428 2 ай бұрын
Cheers back to you! I would love to visit your nation one day. Denmark is sane. The US and its economic elites are insane.
@albwilso9
@albwilso9 2 ай бұрын
Good for the Northern Europeans. We’re trying but the Capitalists are still controling things!!
@janiesteinberg5240
@janiesteinberg5240 2 ай бұрын
Trump is the one who put tariffs on everything. Can't believe some want him back in US isn't a very good place to live Way too much government and corruption.
@mikemurray2027
@mikemurray2027 2 ай бұрын
You're not wrong, but we do live in the belly of the beast, with the most experienced and skilful ruling class with the most extensive and intelligent propaganda system in the world. Our public discourse is moronic and deceitful. Reality and good sense rarely get a look in.
@perrin6
@perrin6 2 ай бұрын
Depends what you buy with it too.
@maxxheadroom6744
@maxxheadroom6744 2 ай бұрын
Thank you for updating your listeners on the Rochdale news where George Galloway MP was successful in thrashing the mainstay political parties. Massive respect from Gloucestershire. UK
@albwilso9
@albwilso9 2 ай бұрын
You are sooooooo right. the struggle between workers and Cappitalists never stops!!,
@socialismdeclassified
@socialismdeclassified 2 ай бұрын
George Galloway is the man!! He's the real deal, appearing on all the right media channels.
@aspie2901
@aspie2901 2 ай бұрын
Fake deal
@mostly_harmless1
@mostly_harmless1 2 ай бұрын
@@aspie2901 Is that all you have to say? Not a single argument you could bore us with?
@aspie2901
@aspie2901 2 ай бұрын
@@mostly_harmless1 funny how that applies to me but not him.
@Rodrifuuu
@Rodrifuuu 2 ай бұрын
Unfortunately he has some, uh, peculiar identity politics positions. I'd rather if he was the class reductionist I thought he was and avoided talk that alienates a big chunk of leftists.
@johnsmith-cw3wo
@johnsmith-cw3wo 2 ай бұрын
@@aspie2901 neo liberal westoids cope hard.
@tinoyb9294
@tinoyb9294 2 ай бұрын
Meanwhile, the planet is on fire.
@jeankern2646
@jeankern2646 2 ай бұрын
Capitalism can be characterized by one word: exploitation.
@ExPwner
@ExPwner 2 ай бұрын
Capitalism isn’t exploiting anyone. Read Bohm Bawerk
@c99kfm
@c99kfm 2 ай бұрын
@@ExPwner If employees were paid the full worth of their labor, there would be no surplus for the employer to gain from hiring them. In capitalism, the employer is supposed to get a part of the product of their employees labor, which is how accumulation of capital is possible. This means capitalism is a parasitic system, where parasitic capitalists feed off the surplus they get from exploiting their employees. Read Marx.
@leouvarov8982
@leouvarov8982 2 ай бұрын
the same works for socialism: fantasy.
@egbutler114
@egbutler114 2 ай бұрын
Exploitation thru markets.
@edc1569
@edc1569 2 ай бұрын
all economic methods can be exploitive
@Ace1000ks19751982
@Ace1000ks19751982 2 ай бұрын
Back in the 1980s, there were tariffs placed on Japanese automobiles. Those cars were great in that they were reliable and inexpensive, but the automobile lobby in the US pushed to ban and limit Japanese automobiles. The semiconductor lobby did the same thing to Japanese semiconductors to limit imports from Japan. The same thing is happening to Chinese companies in the US. The US knows that they can't compete, so they are just banning Chinese products, like they did with Huawei smartphones back in 2018, Huawei telecommunication equipment, etc. The US can ban Chinese products from entering the US, but they cannot ban those imports to other countries. As a result, US companies are going to start losing in the export markets.
@Ace1000ks19751982
@Ace1000ks19751982 2 ай бұрын
@@golanheights9000 That is true, because Japan really wasn't a independent after WW2.
@luvanime1986
@luvanime1986 2 ай бұрын
Also, the U.S. felt, of course, that the Japanese economy was on too good of a roll and Japanese firms were using up distressed gold key office buildings in major cities (like L.A., California. where I was in the mid to late 80's) and they made a bunch of moves that crashed the yen and toppled the Japanese economy which has never fully recovered to date. I remember a friend's dad had a '72 Datsun pickup, I believe that was the year, that he used on his farm and it had tons of miles on it and dents everywhere, but we would drive it out in some of the fields to go shoot pheasants, or clay pigeons, though not a racetrack, it always ran good and never smoked. My best friend had a '76 which was one of the best looking ones I think. The U.S. thought they could bury Russia and they think China will be another Japan, but for some reason my country never seems to learn it's lesson. If I could get a byd for what the Chinese buy them for or even a little more, I would buy an electric vehicle, but the ones for sale around start around $50K+ for the low end model from Scandinavia. And even used Teslas start around thar same price, but have so many hours on them you'll have to buy new battery packs at around $25K in a short while. Too much money for my family.
@Ace1000ks19751982
@Ace1000ks19751982 2 ай бұрын
@@luvanime1986 China today, and Japan in the 1980s aren't anything alike. China is a sovereign nation that has its own economic policies. They had been diversifying their trade with the BRI(belt and roads initiative). They also been diversifying their sources for food, and fuel over the years. In the next 10 years, you are going to see more growth in the developing world. China still need to urbanize 300 million people, and they will be consumers. India will be adding hundreds of millions of consumers, Pakistan, Indonesia, countries in Africa, and countries in South America as well. As this happens, the trade with the US will become less and less significant. If the US thinks they are the center of the world, they are going to understand that they aren't in the future. You will have billions of people from developing countries that also become consumers. China is helping a lot of those countries develop. Zimbabwe asked China to build them a Lithium processing plant, and China did that. Indonesia asked China to help build them a nickel processing plant, and China did that too. As those developing countries become more industrialized, they will have more people with more disposable income. They will buy Chinese goods, like Chinese EVs, Chinese TVs, Chinese com equipment, etc.
@charmaine8512
@charmaine8512 2 ай бұрын
​@Ace1000ks19751982 don't recall ever buying American as a youngsters earning big bucks in the ME _ Gulf. All the big ticket items were from the East and food and shoes from the West. Now we can't even enjoy our smart phones _ taken over by hackers from the West!
@karlforbes2787
@karlforbes2787 2 ай бұрын
0o​@@luvanime1986
@albwilso9
@albwilso9 2 ай бұрын
Richard is Sooooo right Our country has not been a democracy for a while!!!! The people are going to have wake up BIG TIME!!!
@TheRedcroatian
@TheRedcroatian 2 ай бұрын
How can they wake up eating all those wings, burgers and tacos, drinking Bud Light and watching Football, Basketball and Baseball every passing moment? Life is Good
@scottdavis3571
@scottdavis3571 2 ай бұрын
I'm not sure it ever has.
@kevinschmidt2210
@kevinschmidt2210 2 ай бұрын
@@scottdavis3571 From the beginning, our country was ruled over by an oligarcy. First it was educated, wealthy, land owning white men. Today it is billionaires and multinational corporate people. Still mostly educated, wealthy, land owning white men though.
@user-db2ob2jc2f
@user-db2ob2jc2f 2 ай бұрын
Democracy withered out with IKE......to JFK. After that, it's all Corporate Lard!
@carycunningham9510
@carycunningham9510 2 ай бұрын
And then what?!?! The thugs at the top have no intention of going anywhere.
@peterjol
@peterjol 2 ай бұрын
What I absolutely love about Galloway is that I think he is a totally honest guy that will NEVER feed you with any lies, bullshit or doubletalk. Even if it's something I wouldn't agree with I could be sure on where he stands and what he thinks. His honest character is totally refreshing in a world of lies and deceit.
@shanejones578
@shanejones578 2 ай бұрын
First time I heard this guy I was like who the hell is this communist get him out of here, then 2020 happened. Here we are in 2024, and we live under communism. At least this guy wants to do it the right way… 😂
@mohamedobay6077
@mohamedobay6077 2 ай бұрын
Hi dearest Charlie. I'm impressed by your determination to be always out there educating the uncultured about the ongoings of the imperialist-capitalist economics and their heading towards ultimate bankruptcy. In the USA, there are seemingly only a handful have this brave insight. Therefore, all these factors make you a distinguished intellectual. You deserve the credit you're getting from your followers. To me, your of the calss of Noam Chomsky and the great George Galloaway...
@GregoryJWalters
@GregoryJWalters 2 ай бұрын
Congrats to George!
@davidluckens3479
@davidluckens3479 2 ай бұрын
superb analysis-Scandanavian Social Democracy would be a vast improvement over our politics here in the USA-Even the skinheads in Sweeden -and they have 'em-Understand meaningful access to health care is a basic human right,not a commodity to be bought and sold.
@plugnut4713
@plugnut4713 2 ай бұрын
I love this guy. Speaks the truth.
@angelicafrancisco3943
@angelicafrancisco3943 2 ай бұрын
Thank you once again for a very informative discussion . I feel a sense of sanity returning every time I listen . I am so grateful 🥹 to Professor Wolff for his sense of humanity that he brings to every show . There is no end to all the confusion in our country and our world as we are living through today .
@troygoss6400
@troygoss6400 2 ай бұрын
As i see, in the u.s. we only have a uni-party controlled by the oligarchs who have funded the politicians.
@samaval9920
@samaval9920 2 ай бұрын
Unfortunately, many countries have « 2” parties that are now (or always were) only 2 factions of the same 1 dominant party.
@carycunningham9510
@carycunningham9510 2 ай бұрын
Bingo. No one has an answer for that.
@nicholasmartin297
@nicholasmartin297 2 ай бұрын
@@samaval9920 Or, as George Galloway would say, “Two cheeks of the same backside”.
@edc1569
@edc1569 2 ай бұрын
If you can’t see the difference between MAGA republicans and the dems well you’re not looking
@troygoss6400
@troygoss6400 2 ай бұрын
@edc1569 oh, there's a difference. The democrats use lube.
@BlueskyDenver
@BlueskyDenver 2 ай бұрын
Corporations can hire and fire you for anything and everything and We have no rights. It’s happened to me before and all it takes is one or two people in management to write fictitious reports on you and you are gone. And they can fire you and say you threatened someone or you were a bad employee and you have no way to defend yourself. Even when I made a report about their abuses, the department of regulatory oversight told me I needed employees to collaborate my side of the story.! I contacted 6 different current and ex employees and they were all afraid of being sued or losing their jobs and they all refused to cooperate and provide me with any statements. But even though I felt terrible for the way I was treated , I heard stories about people who have worked for decades and get fired over something minor. It’s insanely frustrating..!
@dogeared100
@dogeared100 2 ай бұрын
Yes it is. Institutionalized bullying.
@samaval9920
@samaval9920 2 ай бұрын
In US in recent years, some courts have ruled in favor of workers civil & political rights. This is potentially a great breakthrough but is just beginning. Trade unionists in many countries complain that when 1 goes to work, 1 leaves 1’s countries constitution outside the employers doors.freedom of speech, assembly, etc.?
@Ace1000ks19751982
@Ace1000ks19751982 2 ай бұрын
This is true. They can also force you to quit by making your life very difficult.
@albwilso9
@albwilso9 2 ай бұрын
Yeah, and was arguing wit( some guys who downsized out and factories shut down, and they were defending the Corps, the wealthy, and Trump, and they would not listen when I gave them cold hard facts and figures. They prefer to listen to the lies of Trump!!!
@hendetta
@hendetta 2 ай бұрын
Another fantastic report. Truly appreciate your journalistic integrity throughout the years.
@sarahparkes1547
@sarahparkes1547 2 ай бұрын
An end of a Empire, history repeats itself. Apparently there has been 38 Empires that have collapsed over the centuries. We the Western Empire will be no different.
@Peekaboo-Kitty
@Peekaboo-Kitty 2 ай бұрын
The minimum wage in Australia is $23.23 per hour.
@moemimouni679
@moemimouni679 2 ай бұрын
THAT AUSTRALIAN DOLLAR HOW MUCH US 14-15.
@Peekaboo-Kitty
@Peekaboo-Kitty 2 ай бұрын
@@moemimouni679 Yes obviously! DUH!
@TherealRTZ973
@TherealRTZ973 2 ай бұрын
@@moemimouni679So twice the minimum wage in some states?
@Peekaboo-Kitty
@Peekaboo-Kitty 2 ай бұрын
$23.23 AUS dollars = $15.36 US dollars. Those are today's exchange rates.
@HominisLupis
@HominisLupis 2 ай бұрын
Indeed. Thanks for sharing. What's interesting is purchasing power. What can that 23 AUD get you in Australia v/s minimum wage in the different cities of America. I'm guessing I'd still be looking to rather be in Oz.
@liberty-matrix
@liberty-matrix 2 ай бұрын
"The United States debt is now rising by about $1 trillion dollars every 100 days. No wonder that the interest payments on national debt has already surpassed US Defense spending and soon will exceed every single government program." ~Lena Petrova, 2024
@brucealbert4686
@brucealbert4686 2 ай бұрын
Go George G!
@msjoanofthearc
@msjoanofthearc 2 ай бұрын
Second, but with something to say: The professor is spot-on with his economic social analysis.
@albwilso9
@albwilso9 2 ай бұрын
Good it’s about time the Unions start winning!!!!
@scottdavis3571
@scottdavis3571 2 ай бұрын
We should win. We should win democracy, so we all have a say.
@magnaviator
@magnaviator 2 ай бұрын
This when Elon was trying to get a 56B one time payout. It's sick.
@barthurs6700
@barthurs6700 2 ай бұрын
Keep up the good work Richard and team! I look forward to your episodes every week or whenever they are released 👍
@kathleenhillock9366
@kathleenhillock9366 2 ай бұрын
How many musical instruments does any one person really need?😂😂😂😂
@brianwheeldon4643
@brianwheeldon4643 2 ай бұрын
RJ is such a good man, someone to trust is working in the interests of the regular person in the US, but not excluding anyone in society. Thanks RK and Richard much appreciated
@alexandrialgardner
@alexandrialgardner 2 ай бұрын
Really good program today. Got a couple new insights. Long time fan!😘
@mostly_harmless1
@mostly_harmless1 2 ай бұрын
same here. Thank you.
@balkanleopard9728
@balkanleopard9728 2 ай бұрын
Elon Musk has always opposed unions. Guess who supports US tariffs on Chinese ev's?
@scottdavis3571
@scottdavis3571 2 ай бұрын
Of course! We need to democratize our workplaces, so we all have a say.
@mikemurray2027
@mikemurray2027 2 ай бұрын
And lithium coups in Bolivia while ranting about 'illegals'...
@sodvar5047
@sodvar5047 2 ай бұрын
10 years ago he was ridiculing Chinese EVs. Not so anymore, it seems.
@penglim224
@penglim224 2 ай бұрын
It is time to vote for peace.
@geraldmantel4955
@geraldmantel4955 2 ай бұрын
All the cans have come home to roost ....
@grahamkerr2803
@grahamkerr2803 2 ай бұрын
Thanks so much for your knowledge Richard, for all free thinkers, yourself and George Galloway are Giants ❤❤.
@user-fh9kn3nq7c
@user-fh9kn3nq7c 2 ай бұрын
Very informative, thank you!
@ruthalcorn8241
@ruthalcorn8241 2 ай бұрын
I truly enjoy Richard's ability to share complex situations and in a clear manner. I sways look forward to his programs. Ruth Alcorn
@TheDoomWizard
@TheDoomWizard 2 ай бұрын
Thank you for making this ad free.
@delir.6488
@delir.6488 2 ай бұрын
AMLO said: USA 🇺🇸 Should send us the Statue of Liberty 🗽. Because, there’s no more democracy in USA 🇺🇸. Why don’t they Free Julian Assange? ❤❤❤😂😂😂
@Support_Ad_Blocker
@Support_Ad_Blocker 2 ай бұрын
Part of AMLO's legacy: AMLO rolled out a list of 20 constitutional and legal reforms for Congress to consider, including: reaffirming the right of all Mexicans 65 or older to a pension with annual increases; providing pensions that pay 100 percent of the last salary of retirees who are enrolled in the federal government’s IMSS and ISSTE systems; assuring economic support for disabled persons and scholarships for low-income students; guaranteeing that the increase in the minimum wage is never below the annual rate of inflation; and providing free health care to all Mexicans. In addition to giving constitutional protection to an array of existing social programs launched during the López Obrador years, the reform package proposes trimming the number of Congressional representatives and senators, instituting guaranteed prices for farmers, prohibiting GMO corn for human consumption, banning fracking, slashing Supreme Court terms from 15 to 12 years, selecting judges by popular vote, and outlawing animal abuse, among other measures. And what do we have in the U.S? *Nothing!*
@geraldmantel4955
@geraldmantel4955 2 ай бұрын
American Indian activist was asked (about 20 years ago) if Amerikans were "still evolving " He replied, "Sure, they're still evolving ... right into their own extinction." Which was just his way of saying "the bigger they are, the harder they fall ..."
@kp6215
@kp6215 2 ай бұрын
Tuesday speech in Parliament 👍
@LONEWOLF..314-S-T-L
@LONEWOLF..314-S-T-L 2 ай бұрын
INTERESTING STUDY .... GREAT TALKING POINTS PROFESSOR WOLFF ... SALUTE 🫡
@StephenGoodfellow
@StephenGoodfellow 2 ай бұрын
Imagine someone in the US with George Galloway's sword of truth and oratory ability running for president in the US.
@davidwright8432
@davidwright8432 2 ай бұрын
In his way, and for a time, Bernie Sanders was that person. Was.
@user-mf5to8mb3h
@user-mf5to8mb3h 2 ай бұрын
Ralph Nader. Older now, but still sharp.
@kiwitrainguy
@kiwitrainguy 2 ай бұрын
RFK
@StephenGoodfellow
@StephenGoodfellow 2 ай бұрын
@@kiwitrainguy Despite his good environmental record, his unconditional approval of the ongoing Gaza ethnic cleansing leaves me cold.
@kiwitrainguy
@kiwitrainguy 2 ай бұрын
OK, in that case Trump is guaranteed of victory. He is probably on the Israeli payroll like Biden.@@StephenGoodfellow
@reddy11-11
@reddy11-11 2 ай бұрын
Props to Dr Wolf for going on Blk Power Media. Really enjoyed your insights on socialism, the role of wrkr owned coops, and the necessity of political movements and change. 👍🏾
@jamesjones9250
@jamesjones9250 2 ай бұрын
If you were to get me a third-party candidate that I felt had George Galloway's caliber, I'd definitely vote for him.
@user-dp1bt9ql2m
@user-dp1bt9ql2m 2 ай бұрын
"to get me a third-party candidate that"...why are you waiting, YOU run for office!!!
@jamesjones9250
@jamesjones9250 2 ай бұрын
I'm 67 years old for one, next question.
@user-dp1bt9ql2m
@user-dp1bt9ql2m 2 ай бұрын
@@jamesjones9250 "67 years old for one, next question."...another excuse for NOT doing anything...Trump and Biden are much older, they're running!!!
@kiwitrainguy
@kiwitrainguy 2 ай бұрын
Voter for RFK.
@EamonCoyle
@EamonCoyle 2 ай бұрын
I live in Northern Ireland, and even though he claims to be socialist I consider him an acquired taste that I have never really settled on. That said, this is the 4th different Parliamentary seat George Galloway has won and is only matched historically by Winston Churchill so he has certainly overachieved on that basis !!
@Marius_vanderLubbe
@Marius_vanderLubbe 2 ай бұрын
Hello to the north of Ireland.
@tschoong3897
@tschoong3897 2 ай бұрын
The slave-forming minimum rates of pay of the US tell us that slavery is not totally eradicated in the US. Some people need to do 2-3 jobs concurrently in order to survive. Workers still cannot form a union freely in this country.
@user-ur2om5po3e
@user-ur2om5po3e 2 ай бұрын
Thank you for very helpful information for the affected future of American society and their success.
@patrickduty7706
@patrickduty7706 2 ай бұрын
RJ looks closer to reaching his final vampire form every time I see him 😅 Love both these dudes.
@moniqueboyke5879
@moniqueboyke5879 2 ай бұрын
Great video Professor Richard Wolff
@user-fv8ls6df3s
@user-fv8ls6df3s 2 ай бұрын
The homeless need homes and food. We need socialism. We need people who will limit the rich and force them to share their wealth with the poor.
@theboyisnotright6312
@theboyisnotright6312 2 ай бұрын
Im afraid it will take fighting in the streets. 😢
@comradeinternet467
@comradeinternet467 2 ай бұрын
@@theboyisnotright6312 A fight worth seeing though to the end.
@breft3416
@breft3416 2 ай бұрын
They used to pay taxes on wealth and get tax breaks for investment in needed production.
@bradleyp3655
@bradleyp3655 2 ай бұрын
Democratize the work place that way the profits are use for the entire company not just a few individuals.
@lesliestenta3084
@lesliestenta3084 2 ай бұрын
No way will the “ elites “ parasite class will never elect a socialist, look at what happened to Bernie ( who now is a sellout). Also the US overthrows or regime change countries who are socialist
@jessegreywolf
@jessegreywolf 2 ай бұрын
The news section of economic update was terrific. It gives one some much needed hope
@rickatatastan2695
@rickatatastan2695 2 ай бұрын
I live in a town near Rochdale. With respect, the byelection isn't quite how Richard describes it. There was a story in the national news that made the Labour withdraw it's candidate for his "antisemetic comments". The Conservatives aren't popular in this region, traditionally, and there's a large Muslim minority in Rochdale (30%), which is especially pro-Palestinian. So Galloway came through a gap.
@nopt1118
@nopt1118 2 ай бұрын
National news. Did you say? So George Galloway not campaign on local issues? He talked about reopening the maternity wing so that folks can be born in Rochdale again. He talked about investing and reviving the local FC and routing out grooming gangs, among other pressing issues. Perhaps you have to read less of national news and listen more to Mr Galloway....
@jerseyjoe82364
@jerseyjoe82364 2 ай бұрын
Hello Prof. Wolff, I have received my BA from the New School University! You make me proud.
@shellb1633
@shellb1633 2 ай бұрын
Thank you for reporting the many wins for the people ❤
@nicholasroman8071
@nicholasroman8071 2 ай бұрын
I love this guy's reference to Frank Zappa!!! "POLOTICS IS THE ENTERTAINMENT ARM OF THE MILITARY INDUSTRIAL COMPLEX" No truer words ever spoken from Mr. Zappa.
@theresapelham1918
@theresapelham1918 2 ай бұрын
Great show! Feed people and house them…security there by God
@kingyipchan6724
@kingyipchan6724 2 ай бұрын
Can't wait for prof Wolff to be George's financial advisor or Chancellor 👍😁
@shellb1633
@shellb1633 2 ай бұрын
Such great news for Britain 💙💙💙
@josephgrosso2943
@josephgrosso2943 2 ай бұрын
'We covered the whole world in 60 minutes. I was very impressed by his knowledge, by his sharpness, by his flexible mind. I was very, very impressed. … Syria is lucky to have Bashar al-Assad as her President.'- George Galloway; 'our Excellency, Mr. President (Saddham Hussein), I greet you in the name of the many thousands of people in Britain… I salute your courage, your strength, your indefatigability.'- George Galloway; 'So I don't believe that Bucha was a war crime I believe it belongs in the long line of false flag operations used to trigger war.'-George Galloway...if that's socialism professor, you can have it.
@margaretelmajed2335
@margaretelmajed2335 2 ай бұрын
George is the man. He is the change.
@michealcurrie8272
@michealcurrie8272 2 ай бұрын
Bravo, prof.
@jdcjr50
@jdcjr50 2 ай бұрын
I wish General Strike would report for civil disobedience duty.
@scottdavis3571
@scottdavis3571 2 ай бұрын
They made it illegal because it was too effective.
@cosmicmusicreynolds3266
@cosmicmusicreynolds3266 2 ай бұрын
i live in Leicester not far from Rochdale and i m not surprised he s been elected. People in Leicester feel the same , they anti conservative vote has never been stronger. A great vid professor keep them coming.
@antoniocuevastapia3526
@antoniocuevastapia3526 2 ай бұрын
Thanks
@bashirali5022
@bashirali5022 2 ай бұрын
Inspiring (inspiring in one word). Thanks.
@alankorce3435
@alankorce3435 2 ай бұрын
Great comments. Ariel Durant sees the debate between freedom and equality. Fascism is freedom for the few...
@michaelcarmichael2800
@michaelcarmichael2800 2 ай бұрын
Hi Professor, i have seen you videos and the shows where you appeared in years passed. I think of mark twain describing his father being a , well he held him in very low regard, after a few years he said he was amaised how much the old fool learned in such a shorr time. I smile at my self as i was also amised at how much you learned in such such a short time. Bty i am 80 years old. Thank you for all your shows that you rook part in and all of your own videos. 😊😅❤❤❤
@dannydenison6253
@dannydenison6253 2 ай бұрын
thanks!
@lucianfiul3035
@lucianfiul3035 2 ай бұрын
Capitalism looses steam from spreading ‘freedom’ and ‘democracy’ 😂
@kp6215
@kp6215 2 ай бұрын
The shift is occurring that workers continue since 1776
@PNNYRFACE
@PNNYRFACE 2 ай бұрын
Richard and Richard 💜💜
@yaoliang1580
@yaoliang1580 2 ай бұрын
A declining empire is at its most dangerous n will lash out aimlessly in all directions trying to drag the world down with them
@davidb8126
@davidb8126 2 ай бұрын
Thanks for union and Department of Labor updates.
@kylieharper5405
@kylieharper5405 2 ай бұрын
Didn't KZfaq music just fire workers for organizing.
@geraldmantel4955
@geraldmantel4955 2 ай бұрын
I read the comments of various economists who point out that when China goes toe-to-toe with the USA in America's own game of capitalism ...and manages to out-compete them, it's Sour Grapes we get from Washington.
@kiwitrainguy
@kiwitrainguy 2 ай бұрын
The USA wants to be top dog.
@bertbaker7067
@bertbaker7067 2 ай бұрын
Starbucks workers solidarity forever ✊
@marcobsomer5574
@marcobsomer5574 2 ай бұрын
effrayant !
@littlestone1541
@littlestone1541 2 ай бұрын
That intro music always makes me imagine that the Professor is about to bust out some sick rhymes.
@bernardheathaway9146
@bernardheathaway9146 2 ай бұрын
Thanks doc
@geoffreysmith49
@geoffreysmith49 2 ай бұрын
love and respect to Dr Wolff. Where is America's George Galloway? We thought it might be Bernie, but he is not in the same league. UK has the same duopoly situation we have here, but it exists in a context where there is a legitimate lefty tradition Labour was true to its name for a period ending with Blair, and then had a brief resuscitation with Jeremy whose hopeful leadership was crippled by a zionist, US coup. Sadly across the pond we are adrift, long cut off from our lefty tradition of 100 years ago. Share Dr Wolff's work, organize and support each other. The left needs to rise as there is a storm brewing to our right.
@bully3808
@bully3808 2 ай бұрын
@albwilso9 wrote "Our country has not been a democracy for a while!!!!" ------------- My question: When was the U.S. a Democracy? Before black men could vote (1868)? Before women could vote (1920)? Before true Americans (Indians) could vote (1924)? Exactly when were we a Democracy?
@michaelcarmichael2800
@michaelcarmichael2800 2 ай бұрын
I subscribed to your show , ty prof
@rogerdestre9980
@rogerdestre9980 2 ай бұрын
When is Richard gonna show us his dance to the intro music? You know he has one. He has to. The man's got soul.
@mitchellkrouth5083
@mitchellkrouth5083 2 ай бұрын
Correct Bernie shows us how to give up be a quieter
@Marxist2
@Marxist2 2 ай бұрын
My deep congratulations to Socialist George Gallaway for his win in Britain. I command him for his stand on Gaza.
@nthperson
@nthperson 2 ай бұрын
Sadly, socialists in Britain long ago abandoned the effort to rid Britain of landed privilege. The same can be said of Labour leaders. The closest Britain came to solving the land problem was way back in 1909 while Lloyd George was Prime Minister. The Lords managed to put off a valuation of Britain's land long enough until the eruption of the First World War put almost all domestic reform ideas on the back-burner. After the war was won, the momentum to deal with landed privilege faltered, not wholly disappearing, but never able to regain the level of support that had come from M.P.s during the early decade of the 20th century. The logic and history of the effort to solve the land problem in Britain is contained in the writings of Fred Harrison, Director of the London-based Land Research Trust.
@davidschneider6306
@davidschneider6306 2 ай бұрын
Almost any endeavor in the United States you can name such as education, health care, religion etc. has at its main priority to redistribute money to the wealthy aristocracy.
@advandepol7537
@advandepol7537 2 ай бұрын
The great thing of following your heart is that like attracts like. Eskow is a great friend of prof. Wolff. A remarkable man.
@michaelcarmichael2800
@michaelcarmichael2800 2 ай бұрын
Prof i spoke with people from tbr "cosa nostra" who told me that the bosses used to have paid gunmen to threaten the workers, way back when, and the Cosa Nostra offered ther gun to threaten the bosses back. That was how the Organisation got into labor unions. But what do i know. The men i spoke to many years ago were, well i cant tell you, but they were prowed of the achievements 😊😊😊❤❤❤❤
@nicholassantoro5807
@nicholassantoro5807 2 ай бұрын
From my readings, what is being done presently by the US government in Ukraine and Plaestine is a 400 year proclivity from the beginning of the European mindset of slavery and extermination of any sovereign act of self-rule. Submission or elimination through financial and violent means has been the American motif for a long time and that favored approach is on a global display
@geraldmantel4955
@geraldmantel4955 2 ай бұрын
JFK : Manmade problems are for mankind to solve. I didn't hear anything about consulting with Pat Robertson or even Reverend Willie.
@sandradee6241
@sandradee6241 2 ай бұрын
My wage is equivalent of 15.36 USD per hour (£12). I live in Scotland and clean for a living. The American minimal wage is laughable.
@lesliemartin7947
@lesliemartin7947 2 ай бұрын
I think that may be a Welsh harp in the background behind Richard Escow. Lovely
@jacintochua6885
@jacintochua6885 2 ай бұрын
77 % tariffs will hurt the consumers . Simple as that. Do people understand thus simple logic?
@taylorw.8509
@taylorw.8509 2 ай бұрын
A 77% increase in anything is a great way to collapse something or everything. That's just insane
@Stacie45
@Stacie45 2 ай бұрын
We seem to be moving in the direction of the authoritarian parts of a socialist society without gaining the egalitarian or humanitarian parts.
@penglim224
@penglim224 2 ай бұрын
What is freedom? FREEDOM is to do right for others. "Freedom" for oneself is selfishness.
@juliolopez7783
@juliolopez7783 2 ай бұрын
I got written up for my brother posting about working conditions of the company i work for 😂i did not know that he had posted on a public forum, and they said i gave out Proprietary information😂
@bertbaker7067
@bertbaker7067 2 ай бұрын
@~24:00, in 2016, Bernie's loss to Hilary showed us just how little our votes matter. We were all excited about Bernie, nobody wanted Hilary, but we're not billionaires. So, it's Hilary we got. Now we know that we can't wait for the billionaire class to give us anything, we need to take it.
@vganad3739
@vganad3739 Ай бұрын
Empires rose n fell thru real conquests. None had this way of slippery sliding
Economic Update: As The Empire Crumbles
29:50
Democracy At Work
Рет қаралды 224 М.
USA Outgrows China… Because of Florida?
15:24
Economics Explained
Рет қаралды 1,1 МЛН
小路飞姐姐居然让路飞小路飞都消失了#海贼王  #路飞
00:47
路飞与唐舞桐
Рет қаралды 94 МЛН
Joven bailarín noquea a ladrón de un golpe #nmas #shorts
00:17
Did you find it?! 🤔✨✍️ #funnyart
00:11
Artistomg
Рет қаралды 122 МЛН
Economic Update: American's Self Image VS Reality
29:15
Democracy At Work
Рет қаралды 96 М.
Poverty in the UK: Forgotten by the Crown
55:04
Best Documentary
Рет қаралды 185 М.
Economic Update: New Energies Organizing Unions
31:05
Democracy At Work
Рет қаралды 9 М.
Economic Update: The Myth of Black Buying Power
32:10
Democracy At Work
Рет қаралды 49 М.
The rise and fall of British power
21:58
CaspianReport
Рет қаралды 755 М.
Socialism or Capitalism? Arthur Brooks and Richard Wolff Debate
1:39:23
Intercollegiate Studies Institute
Рет қаралды 566 М.
Economic Update: The U.S. Economy As An Apartheid System
29:55
Democracy At Work
Рет қаралды 115 М.
Richard Wolff on the decline of the US empire and the rise of China and BRICS
56:23
Community Church of Boston
Рет қаралды 147 М.
Economic Update: Roots of a Surging US Labor Movement
30:36
Democracy At Work
Рет қаралды 13 М.
小路飞姐姐居然让路飞小路飞都消失了#海贼王  #路飞
00:47
路飞与唐舞桐
Рет қаралды 94 МЛН