Economic Update: A Sea Change In US Labor's Militancy 

What a terrific episode. Thank you Dr Wolff for your leadership and dedication to all of us.

Labor creates all wealth All wealth should go to labor

More people joining unions is great. Collective bargaining gives you power in wage and working condition negotiations. But, the greatest strides from unionization in the past was the ability to bring left wing economics into the political mix at the national level. Britain (my country) and America saw that power eroded during the Reagan/Thatcher era when I was a boy. We need to fix that or our lives tomorrow will be as bleak as African cobalt miners are today.

Worker Co-ops, with or without Red Star products.

I know her. Love her work

It's great to know that we will have more positive examples of North American workers organizing themselves in the pursuit of common interests of the working class.

''The mine owners did not find the gold, they did not mine the gold, they did not mill the gold, but by some weird alchemy - all the gold belonged to them! If the workers are organized, all they have to do is to put their hands in their pockets and they have got the capitalist class whipped.'' ~ Big Bill Haywood, Miner, founding member & leader of the Industrial Workers of the World (IWW).

Great show. Good interview, beautiful person too see and listen.greetings from the Netherlands ❤

Just found this channel.Its one of the best thanks

really inspirational edition of Economic Update

The opacity of political donations in the USA is absolutely at the root of a myriad sins. Secrecy guarantees corruption. And this applies to just about every country in the world.

Taxes don't get reused. They use OUR public purpose dollar appropriated for military use. I know this is a harder way to put it, but its more accurate.

truth telling....thanks...

Great! Thanks.

BYD costs $10,000 + 25% ($2,500)= $12,500 for a BYD that I would like to buy.

I see many BYD cars in Thailand.

I have a gray beard and moustache, all by myself!!!!!

All that money that is not spent on the citizens Needs!😡😡

Tks. much.

Chinese companies are subsidized through nationalized infostructure, nationalized healthcare, and more importantly nationalized education system and worker retraining programs.

Valid point Professor, American companies benefit from the aid package to Ukraine, Israel and Taiwan, the corporations are the ones who construct and supply the weapons to these countries.

Richard, I appreciate where you are coming from. You want the best for everyone. I appreciated Kim Kelly until the snide exclusion of the police unions. Every worker needs an association of some sort. In part, I agree with you about robots and Chinese cars, but there are still sweatshops in China. How can North American companies compete with other countries that have lower or no working standards and lower wages?

Right winger here: He’s right about the tariffs. Can’t believe I’m agreeing with this guy, but he’s absolutely correct.

10:00 So much for 'free trade' that the US has been trumpeting for the last zillion years...

I just love it when he said the warning nation. I wonder how many people got that?

I was told that we only give,not sell our war equipment to countries that need it, so we make new war equipment making more jobs.

The Union thing is good, of course. The "reformist" stuff is certainly better than nothing, and (likewise) Social Democracy (shitty as it is) is still preferable to what Amerikans have now. However, I think it really needs to get to the "next level," i.e., a full-blown Regime Change that folks are reluctant to discuss for some (inexcusable) reason.

George Halonen (1926): "Co-operative work is a part of communist activity. At the present period of capitalist imperialism there is no room for division of the working class activities in the different "independent" movements but all should be subordinated to the common purpose, to deliver the workers from the bondage of capitalism." Note: Still relevant 98 years later ....

😂😂😂FDR was the greatest President ever. Elected 3 times, four if he hadn't died. Labor creates items that everyone uses, not the CEO's. If not for Labor, the work of producing would be over. Mother Jones was a great union Labor Activist, order the magazine named after her. It's weird how many leaders in our USA were women. Black women who brought slaves to the North, & freed them from slavery,what a hero she was. I'm 77, so I'm not thinking of her name right now. Courage to act in the face of fear is what all heroes do. Remember without Labor, there are no bosses or employers. Be UnionProud!!!!🎉❤😂🎉🎉🎉🎉

Excuse me Professor Wolf. Israel is not engaging in a war in Gaza. Israel is conducting a genocide in Gaza. I'm deeply disappointed in you. But I still love you and think the world of you.

Myself I like BYD the best ,made in China. If it's a problem you can give the right people with that problem a tax break, then go up on the Taxs the very rich pay. With the very rich paying nothing close to what they should be paying !

✊🏾

You're darned tootin' ...

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Brilliant episode. Knowledge we all need to know.

Interedtingr and impressive guest

Of our time? 🤣😂🤣 OF ALL TIME ✅

Good point, Why doesn't the majority rule?

Let them eat cake.

Professor, surely you must know that federal spending isn’t reliant on federal income taxes…

Chevrolet made the first electric car in America, in 1997. It was fully electric. Six years later, the company recalled the EV-1, and destroyed them. The Toyota Prius was a hybrid car that was first introduced in 1997. I must admit that I would rather buy a car that is made in the USA, by union workers. I’m glad to see that workers are organizing.

There are little crumbs left on the table

If BYD cars and trucks are such "High quality", it would be a FIRST for a Chinese product. Do you mean the batteries DON'T go up in flames and they actually have Good customer service and repairs too? I find that unlikely, but it would be amazing if it's true.

BYD can sell so cheap because they pay shit 💩 to works

So USA needs nationalization of military first

Capitalists are emulated by the working class and held in high esteem by society because the real economic surplus is obscured by the existence of buyers and sellers. Before the Cold War the market demonstrated to people how hard it is to sell billions of goods to make billions more in dollars by positioning buyers and sellers. But after the Cold war, the market has many cartel monopolies and these drive the economy into a ditch. Fewer companies own money the majority use credit capital and cash advances, they were buyers forced to become sellers of their businesses repetitively, and larger capitals buy smaller capitals. This is the end stages of monopoly capitalists; a society of fewer banks in the business of banking, a society with fewer industries in the business of industry, a society with less buyers in the business of buying, and so on, and the reserve capital of banks mandated to have on hand in the event of a crash are actions of withholding money from getting into the hands of other companies for expansion, this becomes too costly for the planet’s material resources and as a cost to the working class, a greater level of material and social deprivation. It’s basically a Decline of Monopoly Capitalism the rationalists are denying to themselves,--- the general crisis of war, overproduction and unemployment, are indicators of the last stages of monopoly capitalism. But not of capitalism itself for that would entail the working class embark on a self-emancipation project to dissolve itself as a working class; only than would capitalism cease to exist.

What a beauty that girls is!

Any time a union representative talks they should emphatically state we need a raise in minimum wage. If you continue making it all about the union the rest of us laborers will continue to vote repugnicon. Throw us some crumbs.

Key word "Companies" not people.😂

Nobody's asking or answering questions. 1 what interest does the United States have in the Ukraine? Answer: last big Russian pipeline. 2. Why is the United States supporting israel in genocide on Palestine? Answer: israel is in a severe drought Palestine has plenty of water and land it's colonialism all over again the return is to get back natural resources that United States has wasted for 125 year's and counting that has ran down to only 2% left in Maine and Alaska left. I've been watching the actions since 1988

66% + 30% + 5% = 101% out of 100%? 🙄🤷

PUT IMPORTANT INFO ABOVE HIS HEAD,AND NOT IN TRANSLATION AND RED LINE AREA.

The descendants of the slaves want their reparation. The problem with America is her sins of the past are catching up to her.

I wonder who she would call if someone broke into her place...Maybe ghostbusters or something, right?

AI will take care of unions in many industries good luck Unions had their place but now if the workers go on strike they get paid peanuts while the big union boss gets paid her/his six figure salary regardless now is this fair Long live AI

Which fascists do you prefer, Ukrainian or Israeli?

Work for nothing Seems like a good deal

China makes better cars, planes and trains? THEY CAN'T DO THAT!

Since when are socialists against tariffs 😂

Her face looks like your philosophy

Trying to pretend that militancy is a good thing

These two wars are NOT the same. I am not one of those people who think isolationism is a good thing. We live in a world economy. We have international interests. To ignore them is foolish. Please remember that for five minutes the world was aghast at Russia's unilateral and unprovoked invasion of Ukraine. Like it or not, Ukraine is an independent nation. Citing now a irrelevant past as an reason for raw aggression does not excuse such aggressive behavior. I repeat, Russia's prior imperialist domination of Ukraine is no excuse for raw aggression. Russia is compleatly in the wrong here. There is no getting away from it! We should support Ukraine's fight for self-government. Israel is clearly excessively repressive and cruel in its treatment of Palestinians. Like it or not, Israel is an independent country. How it came to be is undoubtedly unfair. Local residents of Palestine at the time of its beginning, who were then then a British protectorate, did not invite for Jewish refugees and Zionists to settle there and make a country of for and by Jews. But that's the current state of affairs. Israel exists and it isn't going away without a fight. The leaders of that Jewish apartheid state have gone down a repressive and horrible path in response to Palestinian resistance to Zionism. At this point, as usual, I must insert the caution that Jewishness and Zionism are separate things. People can be both but many Jews are not Zionists. I am one of those. I am an American Jew not an Israeli Jew. I do not support giving Israel military or financial support because of the extreme repression and vicious policies toward Palestineans in Gaza and the Left Bank. If Israel would make serious attempts to solve the continuing and violent repression of Palestineans, and if Palestineans could be more honest about acknowledging Israel's permanence then i mught feel more accepting of Israel. The only remedy is a secular state with power sharing. I can't see how a two state solution is any solution. The country is small. The Palestinian areas are not contiguous, part being in Gaza and the other part being on the Left Bank. Israel controls everything. It's not a realistic or acceptable solution, but a two state solution is all that is ever discussed. It's time to think about the only viable answer, which is to give up the Zionist demand of an entirely Jewish homeland. The land itself isn't entirely Jewish. Without that change no peace is possible and periodic war is inevitable. Certainly Israel's current policy of extermination and expulsion is not acceptable to anyone. Until Israel changes its current policy we have no business supporting Israel at all.

资本论存在致命错误。 资本家占有生产要素，而不是占有生产资料。 生产资料只是一部分生产要素。 只有原始社会是生产资料共有制。 但是，从此以后，人类社会就变成生产要素私有制。 人类必须建立生产要素共有制，根本就不可能再重建生产资料共有制恢复复古的原始社会。 苏联等社会主义国家从未建立生产资料公有制。人类事实上建立了生产要素公有制。 劳动力是不是生产要素? 资本家有没有占有劳动力？ 劳动力是生产要素，资本家也占有劳动力，那么资本家就是占有生产要素。 更不要说资本家鼓吹保护知识产权，资本家更是一定占有技术这种生产要素。 数据更是明显被资本家占有。 雇佣职业经理人，资本家当然占有企业家才能这种生产要素。 国企占有全部各种各样的生产要素，而不是只占有“生产资料”这一种生产要素。 建立生产要素共有制可以从建立劳动力的共有制开始。每一个人类都可以自然而然同时都成为资本家。

The woman is c…y

We need to continue to support Ukraine. Or do you do you support dictators taking over other countries.

"Militancy" .... a word which perhaps directs the uncommitted section of audience into negative biased thinking , there might be less confrontational ways other than right-wing rhetoric to describe union actions ....just saying ....

Strippers unionized ? That's extremely wordly minded and offensive to God that such evil abominable endeavors exists. That behavior and this nonchalant attitude towards those abominations are bringing God's wrath down upon the children of disobedience (colossians3:5,6) This conversation went south into a disgraceful topic.

You are hilarious...labor follows directions...you can extort...but you can't create...if you could create, you would be an employer. So you can take over a factory or a coffee shop...but you can't produce what was being produced because you don't own the rights to those products... nor can you be Starbucks...and whatever it is that you decide to produce, China can do it cheaper, because you have no idea what to produce, how to produce, etc. So the future of unions is simple...you will price yourselves out of a job... Thank FDR, fiat, socialism, and an unconstitutional, criminal government. Marx, Capitalism, and Neoclassical Economics | Steve Keen | Escaped Sapiens #65 Now, why would the algorithm "censor" the above RU-vid video?

Coop are too good to be true

Tesla avoided undua, aftrr byd in oakistant, tedla reversed

Interestinv not lowerlsbour cost

Byd hS set up plant in pskistanr.

Sadly ekrkmen are not prepared to take over