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Wolff Responds: DC Rage: More Coming Unless Basic Economic Changes Made 

RichardDWolff
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In the Wolff Responds, Prof. Wolff talks about the recent events in Washington, DC and explains what has caused this extreme rage.
Wolff Responds is a ‪@democracyatwrk‬ production. We provide these videos free of ads. Please consider supporting our work. Visit our website democracyatwork.info/donate or join our growing Patreon community and support Global Capitalism Live Economic Update with Richard D. Wolff at / gcleu .
Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself " available now at www.democracyatwork.info/books.
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2 окт 2024

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Комментарии : 845   
@RichardDWolff
@RichardDWolff 3 года назад
For those interested in learning more about my use of the term "working class" in this video, especially in how it relates to the events of January 6th, I recommend my next Wolff Responds video: "Who is the Working Class?" ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-v9bQpNp5oRs.html
@TheEgomaniac25
@TheEgomaniac25 3 года назад
I'm black too and Wolf is like the light at the end of the tunnel. People need huge change, not so called reform. The real problem is that the rich own the politicians and therefore own the country. People need to know.
@SuperTonyony
@SuperTonyony 3 года назад
@777killad Yep. We live in a plutocracy.
@Betrayerslayer
@Betrayerslayer 3 года назад
I dig those two Black Repubs. Nice balance. Good guys, ai think. Poscast I watch.
@robertburnett5561
@robertburnett5561 3 года назад
Darrin.. You know the results of yesterday if the protesters were black. BLM faced hundreds of cop s and a barricade fence. Those Trump idiots were almost invited in. No accident
@lat1419
@lat1419 3 года назад
@777killad That is the definition of totalitarianism
@Helmetdestroyer
@Helmetdestroyer 3 года назад
@Edgar Miller You're begging a question nobody is willing to confront. Often I drive by my rental houses, and see the trash cans filled with empty beer cans. You know them Covid relief checks are going to go toward buying more beer and dope. I'm sorry, but I can't feel too sorry for a lot of these poor folk. (Oh yeh, how did I get me rentals; I worked late a lot of nites, and ate beans a lot.)
@chcknpie04
@chcknpie04 3 года назад
You’re a treasure professor Wolff
@AndrewBryantPianoTuner
@AndrewBryantPianoTuner 3 года назад
No! He's a socialist like me
@freepalestine2434
@freepalestine2434 3 года назад
I've considered concocting an excuse to go back to college just to study in his courses at UMass
@oldsesalt8496
@oldsesalt8496 3 года назад
Wolff's given me a new respect for Marx. Communism didn't work because it flied in the face of human nature and was implemented by totalitarian regimes. The new boss was the same as the old boss. But Marx at least tried to come up with an alternative to capitalism.
@lvmpy
@lvmpy 3 года назад
@@freepalestine2434 he is professor "emeritus" unfortunately no longer teaches courses there but there are many on youtube
@cshubs
@cshubs 3 года назад
He's a treasure.. who needs to be evenly distributed!! :-)
@YisYtruth
@YisYtruth 3 года назад
It's crazy things have gotten this bad. If we let it, it'll get worse.
@valereehansen4378
@valereehansen4378 3 года назад
"...if we let it..." Hmmm. Gives me a think. Who is letting it? Who will stop it? How will it be stopped? I could go on, but I won't. Good think, thanks.
@artrock8175
@artrock8175 3 года назад
"We" is a keyword in that statement I completely agree with. WE (the real majority/power of Americans) need to stay positive, stay informed, stay active (Vote!), and support each other in any way needed to achieve the common goal of true prosperity for all. If "we" don't, it gives those who don't have the same values a "free pass" to take what they want for the benefit and prosperity of themselves.
@randybest9187
@randybest9187 3 года назад
I do think it will get worse. We are in the latter days.
@musicjunkie2k
@musicjunkie2k 3 года назад
@@randybest9187 You may be right however, if you have cancer? Do you fight? Or do you just give up? I submit to you the idea that evil should be addressed not ignored. By ignoring you empower. Its just a thought. You all have a good day.
@zofiajaneczek184
@zofiajaneczek184 3 года назад
@Edgar Miller yes many believe it’s perfectly normal to work yourself into an early grave in this nation! People have been led to believe it’s normal to accept employer abuse, put up with crap wages, toxic environments and work multiple jobs until you drop. The norm in lower income American is die an early dead from overwork and abuse or be lifted out of your lot in life by some magical luck, which very few ever attain. It’s NOT NORMAL, this kind of life isn’t a normal life, it’s a punishment for not having enough and being part of the have nots.
@czanderrr
@czanderrr 3 года назад
The insanity of 2020 has really radicalized me. Thank you for your sane, logical, informative talks Professor Wolff, I've learned a lot from you the past few months.
@GruntKF
@GruntKF 3 года назад
Props for lookin into things man
@zdragonclan117
@zdragonclan117 3 года назад
This is what language sounds like that unifies the working class. Such reasonable perspectives here. Thank you for your work Dr. Wolff.
@dopaminey9946
@dopaminey9946 3 года назад
Agreed. Sounds good, always has.
@fi0nner
@fi0nner 3 года назад
They were not working class in DC. They were petty bourgeois small business owners. You think the working class can afford to take a couple of days off in the middle of the work week, during a recession and fly half way across the country? No, this is the similar to 1930s Germany. They're the squeezed middle class small-business owners who can't ever go left because it's against their economic interests. The centre has nothing for them so they go off the deep end on the right.
@Lavabug
@Lavabug 3 года назад
@@fi0nner This is nonsense. Employees of companies were fired because they were identified by their employers. Derrick Evans, WV delegate, was arrested at his grandmother's house where he lives. Enrique Tarrio, PB leader, lives with his mom. These aren't monocle wearing capitalists. They're deluded foot soldiers for capital. We have to face the reality that a large part of the working class is not yet class conscious and will act against their own self interest.
@fi0nner
@fi0nner 3 года назад
@@Lavabug you're not completely wrong. There were definitely working class people there. But the middle class, petty bourgeois element is significant, echoes Germany in the 1930s and can't be ignored. Especially by "Marxian Scholars". Trumps voters have always been better off than Dem voters. Check the NYT exit poll data on voter income from 2016 & 2020. In both cases Trump voters earn more than his opponents voters.
@catsmeow3254
@catsmeow3254 3 года назад
@@fi0nner Working Class is having to make decisions about what you are going to do today or even tomorrow based on your financial situation. Most have to do that unless they are wealthy enough to have no concerns of that nature (not many). Nobody wants to consider themselves working class for some reason, while almost everyone is working class. We have working-class, and we have oligarchs. Oligarchs are winning because they successfully divide the working-class.
@Notethos
@Notethos 3 года назад
Thanks professor Wolff. I feel I've learned a lot in the past year that I've been following
@terrapinflyer273
@terrapinflyer273 3 года назад
Same here! I love listening to Wolff's lectures. He, along with a select few others over the last few years, have convinced me to pay much closer attention to politics and economics.
@articulatechav2668
@articulatechav2668 3 года назад
He's sound, I've been listening for a few years now. He's totally failed to grasp why working-class people in the UK voted to leave the EU though.... which is very common.
@sherriinolywa
@sherriinolywa 3 года назад
Thank you Professor Wolff! You are and have been a wolf crying in the wilderness. Elected representatives are intentionally deaf to your warnings. This country is circling the drain.
@anthonywoodroffe9642
@anthonywoodroffe9642 3 года назад
Yes more is coming and they have guns and training 🤔
@dr.zarkhov9753
@dr.zarkhov9753 3 года назад
Ditto on that Professor Wolff. 😁
@kennethswason7600
@kennethswason7600 3 года назад
The astronomical salaries of the board of directors and the corporations president lower (or eliminate) dividends for stockholders.
@sporegnosis
@sporegnosis 3 года назад
It's no longer about dividents, P/E is throught the roof and everything is a gigantic bubble. It's all about control.
@hudson2441
@hudson2441 3 года назад
Share holders who want their dividends should be pissed off though!
@jackflack9004
@jackflack9004 3 года назад
@Edgar Miller I thought dollars were also printed up in the basement of the Federal Reserve. Something is not adding up here.
@jackflack9004
@jackflack9004 3 года назад
@Edgar Miller are dollars real or stocks real? Or are both worthless paper?
@Xenoyer
@Xenoyer 3 года назад
13. 50% Labor in All Corp. Boardrooms, Codetermination. Of that number 50% female and 50% male. 14. Raise the minimum wage to a level in which labor can maintain a level of existence somewhat above the bottom rung of Maslow's Hierarchy of Human needs. 15. Tie the minimum wage to inflation, requiring a Cost of Living Adjustment every year.
@gavanhillebold3131
@gavanhillebold3131 3 года назад
Mmm, let’s not forget the yellow vests protest in France that helped fuel the insurrection about the inequalities in Europe
@emhu2594
@emhu2594 3 года назад
Americans don’t have what the French have. The French haven’t been dumbed down by American education, media and culture.
@mikelocal64
@mikelocal64 3 года назад
Thank you for the education ... From Youngstown, Ohio.
@popeye747
@popeye747 3 года назад
Dr. Wolff, Thank You. My gut says the many have awoken to an understanding of their tormentors - Oligarchs, Corporations and Banks. And yet, those tormentors seem as oblivious as ever to the evils they inflict on the masses. Expecting the best from a dysfunctional political system seems foolish; best to plan for the worst. And my gut suggests the worst is what we will get.
@GeckoHiker
@GeckoHiker 3 года назад
I've been happily living the lower class American Dream because I never thought that a designer house, mortgage, and a treadmill job was the height of living. My modest home, modest land, modest business, and modest vehicles are fully paid for. I have no debt. I have plenty of money and I don't own stocks. I don't need television, fast food, Starbucks overpriced coffee, fast fashion, manufactured faux-food products, Coco-Cola, Pepsi, or Walmart. I spend less than $1 a day on food per person, and we eat so well we don't need medical care or prescriptions. Our food pantry could feed us for easily for 5 years even if we didn't grow food. I don't need trash pickup because I don't generate garbage--I don't buy much of anything that generates trash. Between frugal home managment, composting, and recycling, there is very little waste in our home. We spend our copious free time growing food, canning and preserving, hunting, fishing, camping, backpacking, writing, reading, creating, earning, volunteering, and growing as human beings. You'all need to get off that treadmill. Supporting capitalism is simply not worth your time. The next evolution of humans includes real freedom. Get with the program!
@joevignolor4u949
@joevignolor4u949 3 года назад
They keep calling the Capital Building "the people's house". But which people? The people on Wall Street? The people sitting in corporate board rooms? The people running the big banks? After all those are the people that control all the legislators sitting inside the Capital Building. So instead I guess you could call it, "the rich people's house". That's probably a more accurate description.
@andrelemire9915
@andrelemire9915 3 года назад
The house of the aristocrates!
@dediguise0018
@dediguise0018 3 года назад
I have never been so angry at everything in our society. I don't think reconciliation is possible. Not for generations.
@dediguise0018
@dediguise0018 3 года назад
@F D you're entitled to your shit opinion. If you think we can tackle the disinformation campaigns of repubs and conservative Dems for the last hundred years, you haven't paid attention to history. Go talk to qanon. See how far you get.
@eileenmc4746
@eileenmc4746 3 года назад
Ecuador, nz, portugo, siberia...seriously
@alaskansummertime
@alaskansummertime 3 года назад
I don't think it is either. I had a black guy walk up to me and spit in my face and say 'Fuck white people.'. I mean where do you go from there? I've had young kids working at shops act like I'm the enemy just for being 50. I don't think the problems in our society are fixable.
@behr121002
@behr121002 3 года назад
Got to tell ya... I certainly feel the same.
@marshallsweatherhiking1820
@marshallsweatherhiking1820 3 года назад
@@alaskansummertime Maybe reflect a little bit and show some humility once in a while and you wont be so hated. The problem is old white men are narcissistic as hell and have no idea how good they had it.
@SummerOf1970
@SummerOf1970 3 года назад
Prof Wolff. If only we had people like you in power.
@SofaKingShit
@SofaKingShit 3 года назад
Unfortunately our species seems to find psychopaths more charming than reasonable folks like PW.
@lat1419
@lat1419 3 года назад
@@SofaKingShit the "system" is currently owned by oligarchs and sociopaths because we were told deregulation was good, control was bad. The US is netter than the UK as press owners have to be resident and citizens The UK it can be owed by anyone. Most press here is owned by 5 individuals who don;t live here.
@joeanthony7759
@joeanthony7759 3 года назад
Sadly those who seek or worship power are more often than not the most venal, mediocre, and unscrupulous types of characters. Yes, there are genuine and humane leaders in all fields out there, but they are disproportionately ignored, maligned, or tolerated-for-optics'-sake by today's ruthless old-money establishment-structures. Some form of "bottom-up-majority", open-access decision-making mechanism needs to be developed.* The centuries-old top-down hierarchical structures are failing the majority of people terribly in this century. (Certainly we can point to progress in areas like medicine and technology, but even there are still issues with accessibility and proper application.) But still too many cling to the established systems, not just the few at "the top" who benefit the most, but also those myriad of people "below" conditioned so long to believe has always been and can never be otherwise, leaving all trapped in a self-perpetuating, man-made feedback-loop. The cracks were always there, but now they grow deeper, wider, more problematic, because the foundation itself is rotted. We have the pleasure (/s) of living through one of the most apparent transitional schisms of all time, and we must use whatever agency we have if we really want to see the changes many of us claim to want. The scale, levels of work, will-power and cooperation needed are so massive, there are no more words... *A good example of a most relevant book, "The New Human Rights Movement"(2017), speaks to root-cause, correlation and ideas for solutions like this so effectively and in such detail, it is little wonder books like this are blacked-out from any if not all media, libraries or mainstream communication platforms.But it can be had, and is obligated reading
@pittarak1
@pittarak1 3 года назад
Bernie Sanders?
@waylandharman2998
@waylandharman2998 3 года назад
We had a candidate like Richard Wolf. The DNC decided for us that Biden was who we want. Why are we letting a corporation control the Democratic Party?
@typeviic1
@typeviic1 3 года назад
If you agree with him, thats why he is never interviewed on the corporate media
@LONEWOLF..314-S-T-L
@LONEWOLF..314-S-T-L 3 года назад
ACTUAL FACTS 💯
@alexpodolsky8980
@alexpodolsky8980 3 года назад
same with Noam Chomsky. they interviewed him up to 1973
@dylan8131
@dylan8131 3 года назад
I've only just started listening to this but my immediate response is that we can't reduce what happened on the Capitol to merely economic troubles. We don't even know these people were 'working class'. I agree economics is part of the background of this event but the defining variable is a president who was willing to incite violence and trash democratic principles and a right wing establishment willing to play along (for the most part). He mentions Brexit in the same vein but although Brexit is sometimes billed as a working class rebellion, a number of studies have now shown that most of its support came from the middle and upper classes. I don't think we can reduce this 'rage' to mere economic troubles, I'm not certain that it's just a white working class problem, and I'm not certain that economic prosperity would alleviate this anger that we are seeing when the establishment is willing to lie and bend the truth so readily. Remember, the middle classes are just as susceptible to populist right wing immigrant bating as anyone else. The more you have the more you fear losing it.
@Alosipher
@Alosipher 3 года назад
@@dylan8131, " defining variable is a president who was willing to incite violence and trash democratic principles", WHOA slow down . 1 - all Trump said was lets go cheer them on, that comment is not inciting violence. Just ask Spock if you don't believe me. 2 - Don't overlook the enormous anger being shown. Because its only going to get worse.
@dylan8131
@dylan8131 3 года назад
​@@Alosipher Trumps been revving these people up for weeks. telling them their democracy has been stolen and that they must 'fight' etc. Anyway, I don't think you address my point. It's not that I underestimate the anger. I'm angry too. I just don't happen to believe that the American election was 'stolen' from Trump. And the defining reason for believing that conspiracy, and therefore acting out in violence, is not that people are poor. It's that some people, lower class, middle class, and/or upper have been brainwashed by the right wing establishment, fox news, and online conspiracy theories. Not everyone who struggles economically or feels disenfranchised immediately becomes Qanon white supremacist. There are plenty of very wealthy very privileged proto-fascist right wing nut jobs. So it's clear that economic instability isn't the only problem here. There a whole host of other reasons that come together at once to take someone down that path.
@iananderson6705
@iananderson6705 3 года назад
I'm glad they had a scare. Perhaps there are some genuine ppl in Washington who will reflect deeply on why this happened. Doubt it though.
@johngalt0096
@johngalt0096 3 года назад
💯. 5-decades of: grift, corruption, trickle down, corporate Socialism, greed is good, me-first, outsourcing, p/t labor forces.... TurtleMan. Gelato Jane. Miss Lindsey. Rick Scott. Bushes. JungleJim Jordan. Matt Gaetz. It’s very very simple: if YOUR representative is not fighting for you like Katie Porter, they are useless.
@alaskansummertime
@alaskansummertime 3 года назад
That's what it takes. Its all fun and games until they show up at your house and start breaking shit.
@johngalt0096
@johngalt0096 3 года назад
@Edgar Miller 💯 %. Also they all jump on the “Shameful” bandwagon as a cover. Shades of Roman Senators & dignitaries in “A,B,C” movies. Pompous AH’s & totally FOS.
@Eged282
@Eged282 3 года назад
He is Simply saying: when you are so broke and desperate, you will believe anything.
@andreipopescu5342
@andreipopescu5342 3 года назад
He's not saying that though.
@feonjun
@feonjun 3 года назад
The DC mob have drank the American exceptionalism and narcissism cool-aid since the end of WW2, at the very least.
@andreipopescu5342
@andreipopescu5342 3 года назад
@@feonjun I get the cool-aid reference but I don't what you mean by american exceptionalism and narcissism.
@Eged282
@Eged282 3 года назад
@@andreipopescu5342 ok. So I am saying: a cocktail of broke, desperate, mentally ill( that goes to rich people too) and the mostly ignorant WHITE mask-less people,who are getting their news from Glenn Beck, Mark Levine, Rush Limbaugh and the gang of Fox News. They are all in it together.
@andreipopescu5342
@andreipopescu5342 3 года назад
@@Eged282 I don't know who those people are... but... this guy? really? communism? really?
@mattheww9772
@mattheww9772 3 года назад
I've watched numerous takes on yesterday's events. There's some that look at the upstream contributors to this emerging crisis. Yet Professor Wolff, you are set apart by clarity and understanding of the core problem. I would also recommend Matt Taibibi on the Hill Rising today explaining his book, Hate Inc in relation to the media's role here.
@walden6272
@walden6272 3 года назад
I remember someone said do you know how ISIS was able to obtain so many recruits. It's simple, you destroy the people's lives in the Middle East and they have nothing but anger so this creates a situation for terrorists to recruit to offer them a chance at a better life by fighting for their cause. This is how extremism and terrorism is created. Americans are suffering because the rich took everything and now some leaders are exploiting the conditions to recruit a cult following to obtain power and wealth. There will be more social unrest, domestic terrorism.
@mattheww9772
@mattheww9772 3 года назад
@@walden6272 once the social contract is broken, and there is no longer sufficient safety or welfare guaranteed to the people, that's when a government fails at providing the possibility of peaceful meaningful lives. Then the average person looks for purpose in meaning anywhere they can find it. Today in the US, the American dream of some security and possibility (homeownership, some wealth, starting a family, having a lifelong career, etc) isn't likely for Millennials and Zoomers. The majority of people under 45 do not have the opportunities the older generation did. Not only is this tragic, it is radicalizing. What happens when more than half the population think dramatic change is an imperative. Some portion of that number will take an accelerated destruction as a 'lesser evil' than a slow destruction from neglect currently on offer by our leaders. Our democracy is broken in the US. The popular position, policies and politicians are not allowed the power to realize the popular will. The people have little to no say in what the government does. My people, myself included, all share in a collective despair and desperation. The mental health problem, the opioid epidemic, wage stagnation, wealth disparity, housing insecurity, food insecurity, child poverty, no access to healthcare, the pandemic response, etc all exemplify our shameful state of life in the US. For critics and fans of the States, outside our boarders, the popular culture, big businesses, military presence, global capitalists and government glad handing is all you see. The average America cannot see those things over our lived realities. Something got to give.
@catcaves
@catcaves 3 года назад
What i like most about Richard Wolff is not that he is brilliant and passionate is that he is good human being.
@eileenmc4746
@eileenmc4746 3 года назад
Uncle Rich
@quarters-eye8922
@quarters-eye8922 3 года назад
A hood human being ?!!..........LMAO...................you have to be kidding me.
@joemcgee1172
@joemcgee1172 3 года назад
A great B movie 🍿 while the bankers steal all the 💵💵💵💵💵💵💵
@FAAJR1
@FAAJR1 3 года назад
As usual Mr.Wolf you’re so, so on point, and I’m a black person.
@niticondavis7365
@niticondavis7365 3 года назад
well let me nip this in the bud because while I respect the work of our lupine interlocutor, this is some pretty wild class reductionism. not sure why the *white* working class isn't being separated here
@brennanwn
@brennanwn 3 года назад
@@niticondavis7365 Same
@ivanoleaanimator
@ivanoleaanimator 3 года назад
When you’re on strike, next to your work colleagues, racism, sexism, and all devisions fall aside and the things that unite us; the wage, the wealth and income inequality, a fight for a better future for our kids no matter what we look or act like become apparent and that the system is to blame and needs to change.
@joevignolor4u949
@joevignolor4u949 3 года назад
You might find it interesting to know that as the white middle class has declined many of us whites have become more empathetic towards black people as we are starting to experience the same types of economic and social injustices as blacks have for so long. After watching yesterday's events at the Capital Building I was reminded of something said by the great Malcolm X: "The chickens are coming home to roost".
@LARPANET_3087
@LARPANET_3087 3 года назад
@@joevignolor4u949 fucking on point. Exactly correct.
@pegfen1459
@pegfen1459 3 года назад
Thank you Richard our current old school politicians are so out of touch with issues that matter I fear they will never get it I appreciate listening to your wisdom
@dinnerwithfranklin2451
@dinnerwithfranklin2451 3 года назад
Thank you for always reminding us of the basic problems despite the theater that sometimes threatens to overwhelm our attention
@avinashreji60
@avinashreji60 3 года назад
This is how Fascism rose
@vg7985
@vg7985 3 года назад
Avinash Reji just need right conditions.
@alaskansummertime
@alaskansummertime 3 года назад
The system has been fascist for decades. It just didn't seem like it because people weren't dying in the streets until the past few years.
@earlviney5212
@earlviney5212 3 года назад
Why cant the MSM have dr.wolff on? They would never let the people hear his thoughts
@devinfaux6987
@devinfaux6987 3 года назад
Precisely. His thoughts are a direct threat to the power of the people who control the MSM. They want to keep him as far from the public as they possibly can.
@clintonflynn815
@clintonflynn815 3 года назад
PBS won't even have him on.
@devinfaux6987
@devinfaux6987 3 года назад
@@clintonflynn815 The Petroleum Broadcasting System won't have a Marxist economist on? Baffling!
@michaels5251
@michaels5251 3 года назад
Not economically feasible for profit-making enterprise, to listen to this point of view.
@JamicianKid
@JamicianKid 3 года назад
Thank you for anaylsis Prof Wolff, it's apt and spot-on! And yes, yesterday's event wasn't just purely spontaneous this kind of vigliante violence has been America since day ONE! So this tradition will not abate, for it is part of this nation's DNA.
@brennanwn
@brennanwn 3 года назад
The working people have denied their due earnings
@gustavosella9025
@gustavosella9025 3 года назад
Watching you from Brazil, Professor. Scared with the simmilarities between our countries, specially in politics... Thanks!
@sammyg.8532
@sammyg.8532 3 года назад
Once again, repeated over and over, stagnant wages adjusted for inflation have not gone up in over two decades. This is ridiculously saddening.
@fliteshare
@fliteshare 3 года назад
Since 1970 is NOT a decade.
@sammyg.8532
@sammyg.8532 3 года назад
My comment says over a decade, not a decade. Over a decade means more than a decade.
@sammyg.8532
@sammyg.8532 3 года назад
I'll rephrase it with this, "over two decades". How's that, cool?
@alaskansummertime
@alaskansummertime 3 года назад
When I was a kid in the 80s you could find a job for fifty cents. 25 cents for the newspaper and 25 cents to make the phone call. Not now.
@kathleenshannon8284
@kathleenshannon8284 3 года назад
people are angry about the inequality.
@TheWindGinProject
@TheWindGinProject 3 года назад
Labor Party: A Labor Party would help educate workers on how they have been and will continue to be taken advantage of. This would allow workers to start to come together and help them understand how the media plays a huge part in dividing the workers. As along as the workers take the media bait and feel they must be a Democrat or a Republican; the wealthy maintain control via money / lobbying money to purchase all politicians. A Labor Party would have all establishment politicians taking workers much more seriously. This is what I think. What do you think? Thank You
@bassface725
@bassface725 3 года назад
Exactly the same problems in the UK. You are correct, its time to act. Wise words, Mr Wolff, thank you!
@lloydmoore982
@lloydmoore982 3 года назад
Keep hammering the nail on its head prof,facts remain facts.
@wallygator369
@wallygator369 3 года назад
Professor: Explain why the stock market went up today AFTER the insurrection?
@inefffable
@inefffable 3 года назад
"But you know, when you're angry and you've woken up after being asleep, and not paying too much attention to the problems accumulating around you, you're an easy mark for right wing politicians who can say what you wanna hear and get you to support them. And those folks can also be won over to the wildest theories."
@lupetofaceit2257
@lupetofaceit2257 3 года назад
So agree with you. Accepting being duped is a step towards undoing the racist ideas eaten up by those who react vs. respond in the white working class. Below ineffable is copy of what was written above in Lupe to face it comment : (Invite you to write after seeing video there if you 'd like to join a Pat! Teach in. www.pmrbio.wordpress.com for more info as of Feb. 2021. ) RD Wolff, add how the Owning Class uses racism to your ALMOST complete analysis please. Look at resources of the The Leap group analysis and The Us People's Bailout group. „Governments in capitalist society are but committees of the rich to manage the affairs of the capitalist class.“ - James Connolly The Irish Worker, 29 August, 1915 (Prof. Wolff please use your brilliant mind to one day again show us non capitalist govt. alternatives!) Thanks for the EXPOSURE of the decades of the 1 percent (above capitalist class) taking it's pound of flesh out of the lives of all 99 percent of society! And WE CANNOT avoid exposing how racism in the police and the (white) Sleeping Giant is going to be the downfall of any organizing if racism is not SHOWN as a driver towards false targets. Racism is used to vent police rage onto black and brown protesters in anti white supremacy demonstrations. (Defund the police). YES the white working class has rage. AND it has bought into racism! The use, by trump and others in leadership of the far right, OF RACISM to lift up CONFEDERATE usa thinking as a way out of powerlessness is going to alienate the black and brown working giant! The Owning class manipulates the willing white working class/working poor, who refuse to call out racism as the arm of capitalism. Capitalism , RD Wolff , you are right is the enemy of any care for humanity. THE contradiction in your short video gift to us RD WOLFF is a key instrument historically thrown about and still used by the OWNING CLASS that is left OUT. As a member of the Jackson Rising book study group, (cooperationjackson.org) some questions are shared. The hope is that with more thought you will deeply answer and UPDATE your analysis. Q What can we do about the distress in the society being blamed on Mexican/non-white immigrants? Q What responsibility do you and other progressive white intellectuals have to consistently expose how racism is USED by the trump/ruling rich to distract white workers of the 99 percent to prevent workers RAGE going toward the real problem: the Super (thieving/non tax paying rich).? Repeat: a big contradiction in your analysis that it was left out, the steering of the white worker rage towards black and brown working sleeping giants. Q Can you connect us to the MANIPULATION of white poor? Will you share being an "easy mark" means being distracted by racist ideas like kick around black and brown folks? ANd therefore don't focus on the economic murder of capitalism. Racist distraction is fed to white workers by the white rich right? White workers have been used by the rich and white workers also have avoided talking among themselves about being duped. The next capitalist president (Biden_ will blame and focus on them instead of on president's TRILLIONAIRE /Non Tax paying support. Presidents work for Wall St. / see above Connolly quote) . PLEASE REDO .add, history of how racism has been and is always used by the usa rich to divide folk. This is an almost complete analysis. Lets build trust through more complete practice. Will you? Suggestions: Ask your wife Harriet Fraad for her suggestions and maybe also Steven Singer? Singer is a husband, father, teacher, education advocate who wrote Why the Rich Need Racists prejudice as Social Control for Huffpost. www.huffpost.com/entry/why-the-rich-need-racists-prejudice-as-social-control_b_58fe4b1ee4b0f02c3870ed48 Resources: theleap.org/peoples-bailout/ cooperationjackson.org/blog/jacksonrisingreviewonournightstandsjuly2020
@eileenmc4746
@eileenmc4746 3 года назад
Has anyone seen if Chris Hedges, Thomas Frank have been interviewed or spoken out on the attempted Coup? What site? Thank you and Dr. Wolff-Working and Poor Class Hero and Economic Historian.
@paulawagstaff686
@paulawagstaff686 3 года назад
Yes Chris Hedges interviewed Prof Cornel West, BOTH were beyond excellent..
@brittany1172
@brittany1172 3 года назад
He just was on the Jimmy Dore show.
@tommartin7728
@tommartin7728 3 года назад
I love your commentary Prof Wolff! Now I'm all grown up, and I've been through some rough times trying to provide for my wife and young kids, it's all making sense.
@fi0nner
@fi0nner 3 года назад
They were not working class, Richard. They were petty bourgeois small business owners. You think the working class can afford to take a couple of days off in the middle of the work week, during a recession and fly half way across the country? No, this is the similar to 1930s Germany. They're the squeezed middle class small-business owners who can't ever go left because it's against their economic interests. The centre has nothing for them so they go off the deep end on the right.
@jillmontgomery4856
@jillmontgomery4856 3 года назад
thank you.......
@Mark_H101
@Mark_H101 3 года назад
I live in England and Professor Wolff is correct about Brexit. In many respects the UK never recovered from warlord Thatcher's reign. Austerity has. Not. Worked.
@milesobrien2694
@milesobrien2694 3 года назад
Consumerism via increasing debt is a learned behavior. Let's not absolve the electorate of their responsibility for this situation. There was no need for that giant boat in the driveway that got used 2 weekends a year or the matching Harley Davidsons sitting in the garage for lack of money to pay the insurance.
@jacobgordon7998
@jacobgordon7998 3 года назад
Who the fuck has those things? No one I know.
@trillmixin6999
@trillmixin6999 3 года назад
no one has those lmao
@vincentwyler9136
@vincentwyler9136 3 года назад
No lower class person has such things. You're thinking of the horde of small business owning "boot strappers" who supported Trump from the start. And it was this group who stormed DC like a horde of Nazi brownshirts. See Germany in the early 1930s.
@Tammy_Talpas
@Tammy_Talpas 3 года назад
@@jacobgordon7998 I live in Texas, and I see it all the time... People living in ramshackle trailers with expensive cars and boats parked on their lot. When I was working the 2020 Census, I saw so much of it it was hard to believe. I traveled to Oklahoma to enumerate the rural northeast, and it was the same there.
@milesobrien2694
@milesobrien2694 3 года назад
@Ayan Majumdar People are still paying off their vacation from 3 years ago while booking this years vacation with their credit card. You need a new car while there's still 4 years payments left on the car you have.
@black_eagle
@black_eagle 3 года назад
I'm more of a rightist but I respect guys like this who don't demonize working class white people like the oligarchs' woke media puppets, which only makes things worse.
@chaka8414
@chaka8414 3 года назад
Also remember congress did not miss a pay check...the people continued to pay their-congress- salary. One company made $13b in one day....so they tell us. Keep things in perspective.
@nancylarson7182
@nancylarson7182 3 года назад
Thank you, thank you Richard!🙏
@guytruth5598
@guytruth5598 3 года назад
You are so true and just in your reporting. I salute you, you are a real professor. Thank you brave professor Richard Wolff.
@TheEgomaniac25
@TheEgomaniac25 3 года назад
Found Mr.Wolf on D@W, I've never seen anyone else able to explain the current state of affairs better and has a clear cut solution. School never taught us a thing.
@dediguise0018
@dediguise0018 3 года назад
They teach you to do as your told and not question.
@kirkpennock2997
@kirkpennock2997 3 года назад
What do you think of Yanis Verifaukauses ideas of how to run it? Sounds like yours ideas are similar?
@MrWphilips
@MrWphilips 3 года назад
Biden: “Nothing will fundamentally change!” “The cupboard is bare!”
@steppenwolf3252
@steppenwolf3252 3 года назад
Look in the billionaire corporations' cupboard. It ain't bare
@foxfire5235
@foxfire5235 3 года назад
The wealth of the richest Americans, about 1% of US population, is about $35 trillion, as of the second quarter of 2019. The middle class-representing the 50th to 90th percentiles-holds roughly $36.9 trillion.
@derekbeta
@derekbeta 3 года назад
Thanks Professor Wolff!!
@pattoneill2402
@pattoneill2402 3 года назад
Torches and pitchforks time! Metaphorically speaking, of course.
@jeffnewman8261
@jeffnewman8261 3 года назад
America needs Prof. Wolff to run for President in 2024. Even if he doesn't win, what a great way to get his message out to a broader audience. Many of Bernie Sanders ideas have entered the mainstream conversation and are extremely popular among the general public. That's how change starts. Prof. Wolff's ideas could open minds, spark discussions, and plant the seeds of change in America and the world.
@AprilWatters
@AprilWatters 3 года назад
If Amerikans haven't learned the Lesson by now,, the Lesson is, Your dignity, your children, nature, community, justice, self worth are the REAL WEALTH,, NOT DEBT $$ that most people put ahead of what's real for decades.
@fitfrog65
@fitfrog65 3 года назад
Living in the US is no fun for a lot of folks. I'd blame the financialization of the economy.
@jjetta264
@jjetta264 3 года назад
We need foundation changes. 2 things. HEALTHCARE FOR EVERY AMERICAN. $$ 15/ PER HOUR FOR A LIVING WAGE !
@knyazigorthe8617
@knyazigorthe8617 3 года назад
@Samantha HW 👍
@brenda726
@brenda726 3 года назад
Both these things are available in other Western countries...I have no idea how the US population sees healthcare for all as socialism or how a minimum wage is "government intervention"...it is to help people live a life.
@jackflack9004
@jackflack9004 3 года назад
Why not a $100 minimum wage? And free healthcare and education for anyone who crosses the border.
@brenda726
@brenda726 3 года назад
@@jackflack9004 shitty argument, but I will bite. $100 minimum wage would cause uncontrolled inflation and healthcare/education for anyone who crosses the border is a problem got to do with sovereignty. The US is controlled by corporations which is why you dont have free healthcare or a minimum wage, like we do here. Disgrace of a country.
@andreipopescu5342
@andreipopescu5342 3 года назад
@@brenda726 mmmmmm.... universal healthcare with almost all technology, standards, protocols, drugs, procedures, etc invented/developed in the US. Also the minimum wage needs to be slightly below cost of basic human needs so people don't stop there. Cuz once you have your basic human needs covered by a fix salary, you start to get comfortable, tend to get objects that you don't really need, start having kids, as there is little incentive to become more productive or innovative. You just want to live "the good life" and be happy. But who said one should be happy?
@shainowen2520
@shainowen2520 3 года назад
Spot on. I'm in the Phillipines now. USA is a police state run by the oligarchs. Free here pretty much. Don't forget to shut the lights off in our country when ya leave
@tedmalley7636
@tedmalley7636 3 года назад
What about Rodrigo Duterte's dictatorship like crackdown on civil liberties...?
@shainowen2520
@shainowen2520 3 года назад
@@tedmalley7636??? No dictarship here. Go to my home State of Michigan. That's a dictatorship. How about NY California, DC. I have no issue here. I'm not in manila. I ca0n understand the shutdown in manila. People are stacked like cord wood. Other than that it's fine
@stumpy32
@stumpy32 3 года назад
Thank you Professor Wolff. I only wish some of our so-called leaders could hear your message.
@rcmrcm3370
@rcmrcm3370 3 года назад
I would only know that the people who are protesting in DC or upper middle to the middle-class workers, and not the real poor who underpinned part of trump support. The real poor could never have afforded to make that trip. That's how both parties keep them quiet oh, the real poor. You could tell this also by the way the police treated those protesters, as members of their own class.
@Poncho758
@Poncho758 3 года назад
I am my wife I’ve got a hell of education from you do have a knack of putting it all into perspective. Excellent
@frankmccoy2305
@frankmccoy2305 3 года назад
Brilliant, thank you.
@robertalexanderho5268
@robertalexanderho5268 3 года назад
Havr been a follower of your thoughts for at least 20 years. Am an economic graduate from Harvard Class 77 but have never learnt the wisdom you so kindly debated all these years of tears. Have been a vehement critic of austerity as it is one of the major causes of economic divide and massive discrepancy. With the western calculations for growth based on consumption how can austerity even be contemplated??? My worry about Biden is his people around him are the very people who are the cause of the system failure.... Starting with the Bill Clinton administration....
@billiamc1969
@billiamc1969 3 года назад
We are a nation of gullible non-criticval thinkers who would rather waste our time on Twitter, Facebook, watching TV, worshipping celebrities, and buying frivolous items in the hopes it all makes us feel better about ourselves
@neilsarath9812
@neilsarath9812 3 года назад
Sounds like England.
@joeows6537
@joeows6537 3 года назад
During Standing Rock, we were attacked by Mercenaries, tanks, Helicopters, Percussion grenades, we had a Missile Launching System aimed at our camp, Oceti Sacowin... we were in Prayer, protecting our lands and Water. Yesterday, White people were escorted, onto Capitol Grounds by Law Enforcement... I enjoyed your teach-ins during Occupy Wall Street Prof. Wolff.... imagine what this World would have been like, if the Country did accept Occupy and what it was attempting to accomplish. Your message has changed little since those days. I really do appreciate you Richard. Thank You!
@newtonarock1802
@newtonarock1802 3 года назад
That change will NOT come from either party, EVER. 3rd Party is critical.
@zofiajaneczek184
@zofiajaneczek184 3 года назад
Yes a third party that’s actually for the people of this nation because neither party serves the real Americans in this nation, the lower income and working class stands no chance of ever being heard with the current party system.
@hvosouq
@hvosouq 3 года назад
Yes Newton, let's DEMAND it...
@eileenmc4746
@eileenmc4746 3 года назад
join the peoples party. it is now official in maine
@jaym9846
@jaym9846 3 года назад
Amid the chaos (including 5 dead), the rich are making off with everything (including the kitchen sink). Stock Market has hit consecutive new highs in the past few days. Thanks FED (money printing arm of Congress).
@nixoni.bogaine155
@nixoni.bogaine155 3 года назад
Dr. Rich Wolff, ✊I remember discussing the possibility of this very thing with some people out in Amherst at RM conference over a decade ago... keep telling the truth, more people are beginning to understand the enormity of the issue. ✊
@truthlove1114
@truthlove1114 3 года назад
Agreed
@EGH181
@EGH181 3 года назад
Awesome Dr. Wolff! Well put
@heidimueller1039
@heidimueller1039 3 года назад
Well a lot of those rioters bought plane tickets, booked hotel rooms, and were wearing a lot of pricey Trump gear. Most of them did not appear to be the “working poor.”
@brianpeterson2142
@brianpeterson2142 3 года назад
Thanks for making this point. Everything Wolff is claiming is true and important, but none of it has anything to do with what happened on the 6th. Those folks were NOT working class, not by a light year.
@PeteSwagg
@PeteSwagg 3 года назад
Perfect
@PeteSwagg
@PeteSwagg 3 года назад
Thank you for all your great work.
@chaka8414
@chaka8414 3 года назад
Remember the people had to survive on a $1200.00 stimulus check.... $3.28 a day.....in America. Just saying. Adjust for what you actually received.
@paulawagstaff686
@paulawagstaff686 3 года назад
Also listen to the latest interview this week from Chris Hedges and Prof Cornel west...MUST LISTEN !!!!!!!
@elnegrobembon
@elnegrobembon 3 года назад
I'm curious. How would we go about bringing democracy to workplaces in large, multinational enterprises, such as a Walmart, or Walgreens, or Microsoft? What would that take? What would it look like?
@cleopatraoatcake7364
@cleopatraoatcake7364 3 года назад
Here's one possibility I recently found out about: en.wikipedia.org/wiki/Progressive_International
@elnegrobembon
@elnegrobembon 3 года назад
@Ayan Majumdar Well, I kinda figured that. That's kinda what I meant by "democracy in the workplace". Just like Professor Wolff describes it. But I just don't know how working people could purchase huge enterprises such as Amazon or Microsoft without the funds. Let alone the complications of those enterprises being multinational corporations. It would be interesting to see how it could be done.
@dediguise0018
@dediguise0018 3 года назад
@@elnegrobembon part of the problem with coops is that they function best in economies of scale. For large corporations It would be better to mandate workers on the board of directors like Germany. Another idea would be to offer tax incentives for corporations to outsource distribution to local coops. Basically the best way to deal with corporations is to prevent them from accruing Monopoly power. They cannot be effectively democratized in the short run.
@elnegrobembon
@elnegrobembon 3 года назад
@@cleopatraoatcake7364 🤔 I took a quick look, but I didn't see much about bringing democracy to workplaces. I guess the closes thing there is is support for unions, which is not quite what I was thinking. I was thinking more along the lines of converting these large, multinational enterprises into worker-owned and operated cooperative businesses. Ive heard of smaller businesses getting bought out by their own employees, at times with the help of credit unions or with other types of financial assistance. But it seems like a rather complex situation when involving companies valued at billions of dollars and spanning multiple countries.
@elnegrobembon
@elnegrobembon 3 года назад
@@dediguise0018 Why would mandating workers on the board work better than the workers actually being shareholders and electing the whole board themselves? But yeah. It's definitely harder when you're already dealing with near-monopolistic economic powers. But I'm sure we can't be the first people to have thought of this.
@peterjenner7345
@peterjenner7345 3 года назад
These people look well-fed and they could afford airplane flights from all over the country to get to this protest
@earlviney5212
@earlviney5212 3 года назад
The Pittsburgh penguins of the nhl took 4.82 million dollars to cover loses due to coronavirus. Note that the penguins are worth 650 million dollars. Their owners mario lemieux is a millionaire and ron burke is worth 1.4 billion.
@jmatsonheininger7760
@jmatsonheininger7760 3 года назад
As usual, you understand.
@franciscofrancesco7844
@franciscofrancesco7844 3 года назад
Thank you, Professor Wolff, for this five stars lesson.
@peternyc
@peternyc 3 года назад
This has been brewing since the late 60's. In 1977, I wrote a paper in high school asserting that fascism would come to the U.S. in the future. My friends and I saw it back then, and we were just kids. Disco replacing rock, religion, ethnicity, and traditional gender roles replacing hippie-left values, and so on. Every year since 1970 has been worse. The trend has been clear.
@hrhtreeoflife4815
@hrhtreeoflife4815 3 года назад
🕰 did someone turn back the clock? I woke up feeling like its 1876. History rhymes With time. Q
@MattSolnick
@MattSolnick 3 года назад
I agree with a lot of Dr. Wolff says, but he intentionally or unintentionally ignores a lot of important pieces of info that would take blame away from capitalism. He says at 6:38 “This rich country did worse in fighting the pandemic than almost any other country on Earth including many with far fewer resources. This is an economic system spinning out of control.” But our pandemic response had nothing to do with that. Unlimited, free medical resources wouldn’t have improved the covid situation. You could point to a bunch of more socialist countries like Italy that had policies like universal healthcare, and they still got fucked. The cause of the USA's poor pandemic response was the denial of it from the Republican Party for political reasons, tribalism, and from their opposition to science and data - not capitalism.
@yu-jd5jg
@yu-jd5jg 3 года назад
If you have been following Prof Wolff's lectures you would not be surprised by what happened on Capitol Hill on 6/1/2021. He said it is the failure of the system. Just changing politicians or parties in Washington would not help
@MrPedur
@MrPedur 3 года назад
It begins with the idea of ​​American democracy. A choice between 2 possible parties can hardly be called a real democracy. It is at best a 2 chamber dictatorship. Americans deserve more positions to vote on. Several parties will force politicians to carry out regular political work and cooperation across the middle of the political spectrum. It would mean more regular cooperation for the benefit of the population. The siege of the trench that is the method of American politicians today is a direct and constant attack on your democracy. The military complex including arms production is too costly and has too much influence on politicians and should be curbed. The same can be said about the other big players in the form of donors for the politicians. These are the pharmaceutical, insurance, banking and oil industries. They have all enjoyed special privileges and do not contribute to society. America needs to reduce the influence of these groups on the policies that govern today. There is an enormous amount of work involved in the clean-up after tRump, but you must start by cleaning the house of special interests. Otherwise, it will just become business as usual.
@catherinebrown1902
@catherinebrown1902 3 года назад
Your analysis is perfect Richard! Thank you! Thank you! Thank you! Let's hope we all stay awake, get the program of reform happening and keep it on track. Capitalism must be tamed if democratic civilisation and our world is to survive and the first thing we must commit to is to seeing this happen together.
@jimgraham6722
@jimgraham6722 3 года назад
Thankyou Dr Wolff you are spot-on. As a non-American with many middle class, mid-western American relatives, over the last fifty years I have noticed their standard of living stagnate and in some cases decline relative to mine. Very noticeable has been the decline in public and urban infrastructure. I feel Andrew Yang and Thomas Picketty are on the right track to solving this, in the end it is solving the problem of Labor displacement and unfair wages. UBI and a decent minimum wage would help solve the problem while still allowing capitalists to organise production.
@artrock8175
@artrock8175 3 года назад
You really need to appear on the Joe Rogan podcast. Peter Schiff has appeared at least 4 times bashing any form of socialism and incorrectly hailed as an "expert" economist (he's a Capitalist "specialist", not an economics expert...). Joe's viewers need someone more educated, well rounded, and fully qualified as a true expert in economic systems. I'm certain Joe would find your knowledge and your sincere motive for a better quality of life for everyone to be a breath of fresh air compared to the "socialist fear-mongering" bullshit Peter repeatedly spews any time he's in the spotlight. Peter Schiff already tainted some of his viewers' understanding of socialism, and they deserve a 2nd opinion. Your message is what many Americans need to hear right now while they're experiencing how capitalism failed in the current health care crisis where production is based only on profits, cost human lives. The people need to hear your ideas and Joe Rogan is the place to go if you want the masses of "normal" (working class) to hear your message. I really believe you can change America for the better if more human beings hear your message. ~
@JD987abc
@JD987abc 3 года назад
The problem hasn’t been democracy it’s runaway capitalism. We’ve been taught the US is the greatest country on earth. But if one has an open mind, just look at how things are done in Canada, france or italy.
@wilcoxdaniel9825
@wilcoxdaniel9825 3 года назад
When you're spending 3 billion dollars on an election 750 billion dollars on military and then give people 600 dollars to live on. What do you expect. ?
@zolajia7123
@zolajia7123 3 года назад
Thanks Professor for breaking this down for the viewers out of US.
@2cleverbyhalf
@2cleverbyhalf 3 года назад
I have to respectfully disagree with the assessment of why those particular people stormed the Capitol. Those rioters weren't poor working class folks. They were the petty bourgeoise and the enforcers of the capital class. They want to keep power.
@SevenThirteen7
@SevenThirteen7 3 года назад
The corporation is lucky to have ME as an 'employee'. NOT, I'm lucky I have a job.
@313trotusa5
@313trotusa5 3 года назад
Wow, such a display of contempt for ALL Americans. Americans that have many reasons for there anger. It would have been better to direct their energy to help the American people during this past year. Their "great" indignation does NOT invalidate the peoples misery. YOU (all) have inflicted. 350K (avoidable) deaths, NO health care, NO timely unemployment relief, NO stimulus checks of any significance, massive billions in give-aways to foreign countries with hardly a thought for your own. All of congress has sown misery, and now they reap anger.
@oldsesalt8496
@oldsesalt8496 3 года назад
I defaulted on a credit card. Best thing I ever did besides getting a college degree. Now if I can't pay cash, then I don't want it. I used to have no savings and huge debt. Now I have huge savings and no debt. Try it, you'll like it.
@euroclyde
@euroclyde 3 года назад
So what you're say, Prof Wolff, is what the Democrats say, "It's all Trump's fault." Just kidding. Thanks for keeping it real, Prof.
@steppenwolf3252
@steppenwolf3252 3 года назад
Nope. He's saying it's our system's fault
@johnw8984
@johnw8984 3 года назад
EFFECTS OF VOODOO ECONOMICS RESULTS IN CAPITALISM'S DEMISE.
@charlesronk2989
@charlesronk2989 3 года назад
If you have ever worked in a large employment company you will know that this idea will never work. That doesn't mean that you shouldn't have worker representation on the board, but peoples individual interest are often not in their own best interest. I worked in a factory where we worked 10 hour shifts mostly 7 days a week. If it was ever put to a vote to work these weekends the people would have never supported it, but it was necessary for the company to remain viable. The other industries in the company were not as stable and it was the money generated from our factory that maintaned them through their down times. Plus individual personality traits often cause conflicts between employees that more disrupt productivity with individuals having equal power. I think what you are seeking is better done by blowing up the current tax system. Start a UBI of 1000/ month with a COLA attached. Set 10/ hr minimum wage also with a COLA. A new VAT tax to pay for the UBI that has a mechanism built in to pay for the COLA increases on the bottom end. Next a progressive corporate tax system needs to be developed that is based off workers pay verus executive pay and profits also considering local contributions, the environment, locality, etc. There should be a matrix that is developed that determines tax rate. One that is focused equally on benefits to society as it is on profits. A company like Chobani yogurt would pay low taxes. While a company like Walmart would be at the high end. We should also charge Social Security tax on every dollar earned in the US not just the 13% we currently are, and lower the full retirement age to 58 years old. We should pay for all passed college courses. We should erase student debt. We should have M4A. We should be looking at not only green energy but possibly plastic road panels other environmental issues. Including stopping urban sprawl. Forcing the reclamation of blighted urban areas. Bringing jobs back to cities like Detroit. We should also start a new government agency that supports entrepreneurs. Similar to the way the Shark Tank works, but instead of making a few elite oligarchs even wealthier we all benefit. We also open the opertunity up to far more people than just those fortunate enough to end up on the show. The program should be able to pay for itself. We seem to forget almost every large corporation started in peoples basement/ garage. If we can assist these people getting off the ground it would be better for us all. I also think bulk purchase discounting should be illegal. This allows large corporations a competitive advantage over small companies that they exploit to become near monopolies. I think that these are some of the ideas that if implemented would make the nation a much better and more equal society for us all.
@moecool1157
@moecool1157 3 года назад
The powers that be better hope that the left and the right dont come together. That would be a monster.
@BradyBHull
@BradyBHull 3 года назад
New to the channel. Thank you so much for the astute analysis, it is very much on point.
@Xenoyer
@Xenoyer 3 года назад
Here's another example of the big ripoff by corporations. We all remember the financial crisis of 2008-09. A lot of banks and Wall Street caused it and came flying into Washington DC begging for a bailout that was to the tune of $16 trillion dollars. I see that as a big ripoff. It wasn't "socialism for the rich" either. I hate that term. That is the further demonization of socialism. True socialists who actually know what it is don't believe in bailing out criminal quasi-capitalist money grubbers. Socialists believe in work, and community, and not leaving loyal hard working people hanging. The fact of the matter is, $16 trillion dollars funded corporate greed. All that money could have been better spent. The money spent on the bailout was equal to the cost of 90 Apollo Programs. At the height of the Apollo Program 400,000 Americans were employed either directly or indirectly working on it. That tells me that for $16 trillion dollars our nation could of had a national priority program 90 Apollos in scale to rebuild all of our national infrastructure, and Mars and moon colonization and industrialization. Something of that magnitude might have employed millions of our people. But no! The short sighted money grubbing corporate boardrooms felt it would be better to scheme all that money and do stock buybacks. All the lobbyist influence/bought congresspersons were all willing to do it. They left us all out hanging when there was a far better option. Like Prof. Wolff said. We need some things done like have never been done before. We need to make it a new era! That's why I am in favor of codetermination and a national priority program of infrastructure remaking, including Mars and the moon. We are on the cusp of having the means. Please go study Elon Musk's SpaceX Starship. SN9 may take flight tomorrow. That project should be expanded by several orders of magnitude. Jobs!
@olivermitchell2538
@olivermitchell2538 3 года назад
Why do I hate communism but like Richard Wolf
@n00bprog
@n00bprog 3 года назад
Because he’s a socialist not a communist. Socialism is nothing more than employee ownership of the means of production. Propaganda has extremely distorted the definition in the name of “fighting” communism. Fairly simple to see if you understand what you’re looking for.
@vg7985
@vg7985 3 года назад
Because in America we slap name of " communism " on everything we hate .
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