Wolff Responds: Hard Lessons from Trump's Regime 

People need to listen to this man. Most of his views are the closest to reality you can get.

My mother, being the cleaner of many an academics home and offices over 50 years has seen a few of these and was wondering if the world has ever produced a tidy academic. I am reliably informed that no matter the subject they all have piles of books everywhere.

Amazing ability to focus even with emergency vehicles pulling up to the place and the sound of radios in the background. Hope all is well Mr. Wolff

This is unfortunately not only USA issue. The situation is the same in EU where Trump has a lot of fans too.

Really appreciate your ceaseless efforts to educate and enlighten. Thank you.

Its up to us to show our brothers and sisters that capitalism is killing them. We must succeed! ✊🍞🌹

Prof Wolff, I love all of your content. I first discovered you on The Michael Brooks Show. Wishing you continuing success and good health!!

I love how Wolff's place is just covered in books. It reminds me of my old mentor's house.

Professor deserves a standing ovation for these videos! I'll try my best to donate to his patreon when I can. :)

Can't thank you enough Sir. I really appreciate your work. I'm so glad I found this channel

Professor Wolff. A concise analysis. Thank you.

Yanis Varoufakis already predicted the future for the USA.

Blessings to YOU Prof. Wolff! You are a National Asset! Keep teaching, preaching, informing and enlightening...

Hard yes, lessons, perhaps......but nothing will be learned or resolved. It will just get worse from here.

Many top academics and climate scientists from around the world are suggesting that humankind is witnessing the decline and near term collapse of civilization as we now know it due to the self-imposed problems we've brought upon ourselves. The economic system and the greed of capitalism have only exacerbated these issues related to our existential crises that are obviously playing out as we speak. As climate catastrophe and global economic desperation accelerate, along with an ongoing novel virus and the loss of basic habitat compromising our ability to grow food at scale, fascistic leaders will likely continue to appear while the remainder of our species clamors for the remaining life-sustaining resources left to maintain some semblance of basic survival.

A people that elect corrupt politicians, imposters, thieves, and traitors are not victims...but accomplices" - George Orwell

Well said.

DR. WOLF should RUN for Senate office!!!!!!!!!!

Excellent broadcast and analysis.

Thank you Prof.

Richard Wolff is probably the most informative person in politics I've seen in awhile. I went from a right winger, to social Democrat, to socialist in a year.

Thanks, Wolff, keep up the very important work.

Fantastic video. I'm not much of a political person and this is the first I've heard of you and I'm immediately happy to have found you and subbed to this channel.

For of very good Insight spirit brother ty my friend 🌱🌳❤3

WOW !! This talk is a Masters thesis!

Other trumps are coming .

Capitalism doesn't produce wealth, it increases wealth; mainly by transferring it from those who have little to those who have a lot.

You are so smart. Love listening!

Thank you Professor

Im learning THANKS

Great Economics class! Thank you professor Wolff.

Wonderful explanation, thank you Prof. Wolff!

Peace,Equality,Freedom and Democracy.All of these at present are just words without substance, for billions of oppressed working class, throughout the world.We need working class organization on an international scale, if we are to stand any chance of defeating the ruling class and their capitalist system.

Dr. Wolff is the perfect amalgam of Sen. Sanders and the character, John Houseman. "Capitalism and Its Contradictions: Going Beyond". Great teacher!

Brilliant analysis

always on point

Great Commentary ! On Spot

Excellent video.

100 years ago the PCI was founded at Livorno . Good anniversary

Great analysis!

Those sirens gave me a heart attack I was driving lmaoo

Prof Wolff, are you familiar with Prof Timothy Snyder's work? He's saying this most recent movement is "Not Even Fascism." It has facets of fascism, but is more an oligarchy or totalitarianism.

I agree with Professor Wolff that our society suffers from serious systemic contradictions, contradictions that have divided the peoples living here since the first people of European heritage stepped foot on the continent. On the surface there was a degree of cooperation, to be sure. However, consistent with the hierarchical structure of Old World societies, the source of conflict was based on control of the land. Europeans had dismantled the reciprocal relations under feudalism and divided the land into private estates controlled by an aristocracy that produced nothing themselves, exploited the population, and diverted their nation's resources to wars of territorial expansion. The Old World patterns of behavior became the norm in North America as more and more people arrived to compete with one another for control of land that was most fertile, nearest to waterways or lush with natural resources. The culture of conflict and violence intensified. The tribal peoples already here were also living in a state of near-constant conflict and violence with one another. Now, there were newcomers seeking to take from them the territory the occupied, fought over and controlled. The Europeans brought with them weapons that made the killing easier and these weapons found their way into the hands of tribal warriors. I could go on, but you know the rest of the story. Land hunger continues to plague whatever cooperative instincts exist in us. Landed interests are more powerful than ever. Their power is not just over resource lands but exists in the heart of our cities where a square foot of land costs more than an acre where population density is low and amenities few. All of the political economists from Adam Smith and A.R. Turgot, to Karl Marx, to Henry George understood that private property in land prevented the creation of cooperative societies. They all called for the public capture of the rent of land whether land was held by the community and leased to private users or deeds to land were issued and rent had to be collected as an annual tax. So many of our problems exist because we have failed to listen to their advice. Edward J. Dodson, Director School of Cooperative Individualism www.cooperative-individualism.org

It is not over. People better wake up.

Interesting and probably correct analysis!

GREAT TALKING POINTS MR WOLFF AS USUAL 💯

Great points.

One of the most beautiful words I heard as professor Wolff puts it " Fascism in the US that found Trump"... We all know that. ..

i’ve been waiting fifty years for politics to matter again

🔥 🔥 🔥 🔥 🔥

A brilliant thinker

As per usual Prof. Succinct and to the point.

Believe in the test-scorers with normal, written responses.

If we're going to fix this, campaign finance reform penned into the Constitution would allow small dollar donation candidates to compete and gain office, enabling legislative changes affecting economic policies to favor worker owned companies, leading us into a more equitable system both economically and politically. Policies that ensure good employment through the government sector, or opportunities to create cooperatives makes sense. Empowerment and self esteem go hand in hand.

Wolff is the Amanda Gorman of economics...so brilliant

Please God let the political world follow the thinking of Richard Wolff, Chris Hedges, Bernie Sanders, Ayatollah Sayed Shirazi, Rabbi Weiss,the late Mahatma Ghandi and Nelson Mandela.

Great presentation. Could you explain how the products of capitalism (goods and services) also make it difficult for people to criticize the system insofar as they receive any perceived benefit from those goods and services.

Totalitarianism on left or right leads to the oppression of Minorities. Left or right.

Solidarity from our studio Professor Wolff!

BRILLIANT ANALYSIS 🤩

A well developed argument, I completely agree, I am just left wondering what could or should replace Capitalism?

Obviously with some differences ,the situation here in India is identical.In fact we are one step ahead of US towards fascism.

In short, we're still screwed.

My biggest issue with Communism is I don't like the idea of taking someone's stuff. I would much prefer a system that dictates an economic floor (free basic housing, medical, education) but allows for wealthy people. We don't need to tax the wealthy any more than we do, we can print without inflation (see 2008/9 plus 2020). We don't need to take money away from rich people, we just need the ability to supply the masses. The biggest lie being told to the masses is that we can't print money unless it's to help out big business.

Nice siren. A banker is tickled pink to death.

Trump himself, is just such a unique figure in our time. He's kind of the perfect foil to reflect everything that's excessive and vulgar and disgusting and tasteless and cheap and greedy about American culture. He is the perfect mirror to reflect everything about our society.

4:49 The rich will never allow the system to change. There's going to have to be a major revolution. And what happened in DC to the capital building on January 6th 2021. That's going to look like a picnic in the park in comparison to what has to come next. Unless you can tell me a better, way I'm all ears. 1929 the stock market crashed in that caused a major recession that lasted more than 10 years. It was a hardship on most people. My grandmother was 14 and my grandfather was 24. Now we have another crash. The problem is from a spreadsheet prospective the country looks like it's doing okay. That's like having a beautifully wrapped box 🎁 with a big stinking turd as it's contents. If you only looked at the stock market you would think WoW.😲 I wish we could get rid of the stock market all together. It gives a false positive. And the people who aren't in the stock market know the damn difference! Which is as you have pointed out is about 85% of the country.

Richard Wolff is unequivocally right in his assessment of what we need to do to ensure a moral and economic society. I would say that he recognizes what the solutions are. Worker owned cooperatives and much stronger unions. Both of these need to be implemented on a large scale.

and in Greco - Roman times capitalism FAILED totally, even 2000BC required checks and balances to preserve workers prosperity who must not win, government AND the oligarchs justice and equity for all

Declining? You mean we AINT hit bottom feeder level yet? I was pretty sure we meet and beat that line in the 90s.

I own XRP and 0xMonero, I'm ready for "AGENDA 2030".

very soon mark my words retirement age will go to 75 in the usa

Under capitalism,every decades they are bound to have financial resets globally. China's socialism,have you ever see any financial resets for the past decades.

Are the Olympics fascists under this definition of Capitalism? Winners and Losers..

This is more complicated, but I agree with the close relation to Fascism without a dictator, and capitalism. The part that is not mentioned is human weakness. That's why its more complicated. Capitalism helps achieve wealth but the poverty ?? Poverty is human weakness when it works hand and hand with Capitalism. Lets use a small but far extreme example. Native indians. Before the industrial age or the European emigration came to this country. Was there Poverty among the native tribes? Did that even excist? Again this is an extreme. My point is We live in Capitalistic economy, but people have to control their own means. You cannot take the bait like a fish. But that is where human weakness lies. The problem with Fascism is more than half of the US american people don't really have a clue what that means becuase they have never lived in a country where the Govenment is ruled by and Individual that make all decisions and the people cannot disagree with the Government. Now Trump LOL is NADA!!! a poster on a wall with a talking mouth. Anything and everything he has ever done has always and will always be in his Favor, Period. He is the perfect Con. Everything he so called makes work the best. Anything that does not it, has nothing to do with him. So he knows how to take advantage of the ignorance and weakness of the people in the US.

Capitalism works well when it's reasonably regulated. The issue is that we let the businesses make the rules. Look at Sweden or any other Scandinavian country for capitalism done right.

Yes, totally agree. I am a Chinese living in Canada for 20 years. When I was in school, we learned the Political Economics which is based on Maxi's economics theory. Since I also learned western economics theory as well, I have to admit the Maxi's theory is really powerful and accurate. Capitalism is very greedy, they will drive many people into poverty, they intend to hold the power forever. Back in China, the political system works really hard to prevent the Capitalism from rising their power to control the political power of the country, and people benefit from it. In China the basic services like phone service, internet, TV, transportation are really cheap, just one tenth of the cost in Canada, so everybody can afford it. Rent is cheap, nobody lives on the street. Middle class people are really wealthy, they have much spare money to spend and save. I believe Chinese political system is the best in the world.

What kind of viewer could thumb this down?

Time to find out if you are pro-Biden. Looking forward to it

I've listened to this guy give a lot of talks on the problems of capitalism. I don't really disagree with him. However, what does he want to do to fix it? Per this latest talk clearly not fascism. He doesn't seem to come right out and say he wants Socialism either.

But this accion produced by trump is to far respect to you say (im agree what you mean). But in this particular moment ins't the economic inequality the proposit , is the ambition of power from this guy the reason that crazy people do that accion

*Drops mic, Wolff out*

China is coming up to be the next world power, America is losing that role. Here’s an insight to why: In China, the Government has harnessed capitalism to increase the power and influence of the State. In the U.S. capitalism has controlled our Government to increase the wealth of the capitalists. To capitalists, wealth and its growth are the most important factors of all; The State and certainly the People are secondary, at best. But in a world of Nation-States, this is a sure road map to decline-the very decline of America that we are seeing now.

6:44 As Christianity is practicing United States. I think everybody's going to hell. Moral dessert, look it up.

Capitalism is fine if everybody has share of the wealth created. Billionaires, corporations, AI, Robots, and CEOs cannot succeed without the people of the country. Robots and them should be treated as national resources, same as oil, land, infrastructures, even foreign workers.They all owe the people a living because the wealth of the country is created by her citizens, not just by millionaires. One cannot be a millionaire without people. People need a share of the wealth they help create. UBI funded by VAT and taxes is a way for everyone to share in the wealth of the country, then capitalism will thrive. And Billionaires will be heroes for paying a large amount of VAT. And protesters will not burn down businesses because of VAT and UBI. There will be a feeling of ownership of the country they created. We have a winner take all capitalistic system,richer gets richest, poor remains poor like they don’t count at all. This is not right. Without the citizens, billionaires cannot become billionaires. Try being a billionaire in a poor country, you cannot. People need a share of the wealth they help create. The time for UBI has come. If the rich hide their wealth, cheating on taxes, there’ll be a reckoning. But billionaires,including their robots and AI can be treated as as a national resources if they pay VAT and the citizens receive UBI.

Professor Wolff, does eliminating extreme poverty in the US an impossible task?

I made an effort or am , may be planning on creating a collective movement. I am seeing people giving money to independent RU-vid contributors . to support the very capitalist system that many of them say. Oppresses us. Why not invest also in the solution to the problem. my question is after being stifled within a week for trying. Possibly by you tubers scared I may take some of there own monetary support. How without community support can I do it? Most of my social networking access has been what was stifled... So now the problem you tube is my only outlet. One of the capitalist enterprises my plan will possibly adversely affect.I can only assume it will not be long before it also turns against me. Ck. Out the videos on my channel and read my comments . tell me if it is worth the effort. Thanks Farmer John.

So what is beyond Capitalism Mr. Wolff?

The state of the union address couldn't be any more starkly honest.

So, the fundamental problems of capitalism have existent for slaves and their #ADOS. The moment we stepped off the slave ship, all the blame was placed on kidnapped victims as we built this country on free labor. Native Indians and slaves were not immigrants at that time. So now you saw fascist placed the blame on you. It would appear that even you are complicit in the conversation that you now make Mr. Wolff. Yes? Repent and seek redemption. (You damage my car, you need to fix it.)

So, capitalism produces both wealth and poverty? I suppose that is the case if you mean an investor class and a working class. Still, the working poor are hardly poor when compared to other systems. They are only poor in relation to the investor class. Any thoughtful person who has any experience with life in "undeveloped countries," is struck by the LACK of suffering among the impoverished. Consumer societies create needs where there are none. When everybody is in the same income bracket, the poor do not feel poor.

You need to travel more mate. Even if you are at the poverty line in the US, you are in the top 10% of the world. Also, 79% of millionaires in the US are first generation and inherited nothing - the system works in generating wealth for those who work hard and save hard. At least let's start with some common statistics. The US model and Capitalism should be criticized, but most other systems should just get tossed in the garbage.

"Hard lessons from Trump's regime." Lessons are only lessons if there is somebody to learn from them. Are americans willing to learn from their mistakes of the past? That's the real problem.

Lessons? how feckless and useless the Democratic lawmakers are along with the Republicans. As for fascism? I would have voted for a potted plant rather than Hillary Clinton. Stop saying everybody who did not embrace that womans soulless campaign was a fan of fascism. People are fed up.

MAGA TRUMP 2024

Clearly not a capitalist

These are nothing compared to the hard lessons we will experience during the Biden regime (Killary regime actually).

Move to china dude!

Capitalism Owes the People Equality of Opportunity. not equality of outcomes.

Government has rarely been the solution for anything, it has been more often than not the problem.