“It’s BEGUN, But MOST Don’t Know It YET…” – Richard Wolff
Professor Richard Wolff is the founder of Democracy at Work, host of Economic Update and teaches at the University of Massachusetts Amherst. In this interview He dives into the dynamics of U.S.-China competitiveness and explore the probable outcomes in the shifting global landscape.
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FOLLOW RICHARD D. WOLFF:
Richard Wolff website: https://www.rdwolff.coma
Twitter (@profwolff): / profwolff
Democracy At Work: / @democracyatwrk
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38 Comments
How many of his YouTubes have the THE COLLAPSE HAS BEGUN in the thumbnail? Half? More maybe? It's hard to take the same headline over and over seriously.
A BLACK POET SPEAKS.
KARMA IN ACTION.
ALL THE NATIONS THAT HAD IT ALL, THEIR ENRICHMENT ON THE BACKS, DE-PROFUNDIS, PAINS AND TEARS OF THE BLACK PEOPLE WORLDWIDE, BEHOLD, THEY ARE NOW CRUMBLING, SOON SHALL SINK LIKE THE TITANIC. – KARMA IN ACTION !!!
May the Most High YAH bless and protect Mama Africa and her entire progeny and descent worldwide. Amen.
By former Publisher and Editor of international Pan African magazine in Germany entitled the African Monitor. Copyright reserved.
To up yourselves, even when the down wards slide a bout to take place, the next 4 year is when your rebuilding business deal and many other projects will start working, the out look at 10year time frame will help get what’s needed during this change, what use to be is not anymore period.
Free market socialism, Professor Wolff? Would it work?
LOL sure, according to your logic, the problem is the military. We don't need to care that we give all the control of our industry into the hands of a few billionaires, trillionaires to be. If we tax them they could easily pay for our military. But, we should feed them while exposing ourselves to China, Russia and other oligarchs that want to control us. Go to Russia, troll
Very nice… you went straight to the point comparing Nigeria with the the US. Such a system can't sustain for ever. A world… for a few whites and for a few countries.
These are all interesting ideas but the reality is that very few people are happy living under any kind of marxist / communist rule if you look at the numbers of refugees coming to the US or EU, such as Cubans , Venezolans and even Chinese. Indeed the Chinese invested a lot in African countries but this is not altruism but they have a clear goal why, for example acquiring minerals, resources and food production because that is what China lacks the most, all the same they do wit Putin under the pretext of friendship …they would even buy American farm land if it would help their food production. 1,2 trillion pple must be fed if you give priority to industry and manufacturing what China does. China tries to get a hand also by buying collapsing countries or harbours , electricity plants etc all to get influence and makes eventually debt trap deals such as in Shri Lanka, , actually the west are welcome to do all the same , but Europe and US is always nr 1 to help with enormous budgets to help out anywhere when calamity strikes. Europe has helped the Palestinian people with schools, food, basic supply but each time destroyed by Israeli nationalists or settlers and unless the US is holding its umbrella above Netanyahu he would not go on violating all human rights of these minorities . After WWII the US was at its peak of military industry but instead of diminish it kept so because the military industry is also very important towards work / manufacture the best equipment + top guns. If you let the Russians or Chinese and even North Koreans take over then you'll see what kind of world peace we will get …Ukraine ? Putin gave no ultimatum but cowardly invaded Kyiv and that was a total disaster and he lost and keeps on losing up to 700.000 casualties. If the US had such a dictator next door with constant nuclear threats,, I guess any US pres would send his military there what Europe has NOT done but tried the economic approach to isolate Russian resources to end this dictator. Ukraine fights 1 – 10 als Goliath and we better keep support UA otherwise next in line is Taiwan when Putin ( backed by China) gets his way. Ukraine is very rich and that's the only reason P. invaded and let's hope Ukraine becomes a real member of the Western free countries, it will benefit us all and certainly the peace balance in the world . What's wrong with that. In the mean time we have learned that the US + Western military is the very best on REAL battlefield , so China you better think twice as China has an enormous military build up, what is that needed for ? Just cross their own geopolitical or economic interests, then you will see what kind of dragon that is !
What a lying pig. America tried to ignore the rest of the world and got Pearl Harbour.
One correction if I can. Marx in Europe was the source of socialist thinking and ideas of what to do. Not only one but prevailing. China have civilization and advanced thinking 6-7 times longer than Europe (and Europe's offspring America) and they have own knowledge, philosophy, in which Marxism can have some impact, but it is not leading and central. Their thinking is much more profound than it is in The West, due to that knowledge which we don't know and can't comprehend. Thus Chinese version of socialism which we can't understand, but almost all chinese nation can unify around.
By his words and actions Trump is a senile, bitter, confused tired OLD MAN! Almost 80! Trump is a delusional narcissistic psychopath and pathological liar. The whole world knows that! Trumps MAGA cult followers believe he is the “messiah”. By his own words and actions Trump is creating a fascist dictatorship to replace American democracy & rewrite the Constitution. America is a decking, decaying nation driven by Trump’s MAGA hate, abuse, violence and racism. As President Thomas Jefferson wrote “America elect the government & President they deserve!”
The united states military apparatus is just an extension of US corporate interests. The public is told we need to spend half our gdp, paid by US taxpayers, on national security and protecting resources around the world. But actually without our military US corporations would have to spend billions on private security armies to protect THEIR interests. It's a really sweet deal! Both political parties are guilty as no one ever talks about reducing the defense budget, but decrease social benefits and costs, sure, no problem!
Wut? First of all, in France, Marine Le Pen is far right, not a leftist. Second, after describing how it is failing, you end up on the note: capitalism is efficient? No, it is not, because it has no limit. The people who get the most out of it never know when to stop, so they sink the whole thing.
https://www.youtube.com/watch?v=YqdsNxS_fk8
RICH GET RICHER ! POOR GET POORER ! AINT WE GOT FUN !!!
Why don't you do something about it instead of spreading fear. Just creating anxiety for people watching! I DONT RECOMMEND THIS SHIT
Richard Wolff is extremely intelligent and eloquent. He and Noam Chomsky are bright lights in this mess. It doesn’t seem that the US or Great Britain have learned anything from the isolationism of Albania.
Times change.
Thank you, Mr. Wolff for your insight on these matters.
You can say all you want and show all evidence that economy, innovation, social mobility and technology in other countries can be something the US can learn from. We’ll take that and look at them as enemies and threats and wage economic war on them, when not military. We don’t wanna learn and usually for a reason (agenda).
Professor Richard Wolff did not understand the present world. His bringup was a waste.
Us NATIVE AMERICANS HAVE..N STILL GOING ON TO THIS DAY !!!!
IS NIGERIA'S AVERAGE $1600 A MONTH AS THE U.S.'s IS / NO ' IT'S $675 OVERALL ' MOVE SOMEWHERE CONSIDERED RICH 'THE VULTURE'S COME RUNNING FOR 'ALL' YOUR MONEY ' SCREW U.S. ' EUROPE ' ENGLAND ' STAY WHERE PEOPLE ARE GOOD 'THAT'S WORTH BEING POOR
We disagree
The US doesn't make the kinds of public investments (transportation, education, healthcare) that enhances private investments. Healthcare is a prime example. A single payer, public healthcare plan would provide health services far more efficiently than private ones at a much lower cost which would free up costs on private employers.
How is China doing it? Simple: the bourgeoisie doesn't hold POLITICAL power in the country. Western countries and the whole colonized nations they drag with themselves are being held hostage by corporations. China has political stability, clear goals for the next 20, 50, 70 years; Western countries CANNOT do this while corporations run their politics.
Get to the point, will you? after 2 minutes you haven't said anything remotely related to your clickbait title!
We need our Progressive representatives to get together with billionaires to reach an agreement just like the Socialist Party did with FDR.
When I was in the Economics class, my lecturer told us about the four factors of production, with the main one being labour; that organizes the other three. My lecturer told us that if labour is not motivated [or healthy] the other factors are useless. The US wants to claim that when labour goes on strike, AI shall take over. That is the illusion dragging the country into oblivion. China also uses AI, but she knows what part labour plays in maintaining AI. A people CANNOT leave ethics to a machine; that does not have feelings.
Since the wealthy [in America] act and think that humanity is a form of machine, their actual AI machines shall destroy them.
800 military bases? I thought that was what the Navy was for?😮
It’s disheartening to see the divide in American society, especially when it comes to recognizing the truth about Trump. The 2024 election showed how many stupid and selfish people can overlook serious flaws in character and judgment. The choice to support someone with a history of sexual predatory behaver and lying reflects a troubling trend in believing misleading narratives, particularly those targeting marginalized groups. The rising cost of living is undoubtedly a significant issue, but many feel that maintaining ethical leadership is far more important than the immediate financial burden. Prioritizing integrity over convenience is a stance that resonates with those who value the future of the nation and its moral compass. It's frustrating to think that the consequences of such choices could impact the country for years to come.
reality al can't control our step EU/US block/East Block
1.the end of Democracy because Hand Phone.new communist type????
2.war Renteneit Bank by Israel
3.war young generation=Shai Shia Jian 1986 espionage FDR-CCP until 2010
4.program Economic by USA is Shogunat war 1000 years Japan for 5 continent whos continue al program 1980-2000,handel by Al Qaeda etc.
5.many EU lost they rent land on many continent and investor trust
6.many country bancrupt because new money techniq/just because gold not have price
7.new money call Bit coin and new invisible country game from economic
Global Review News
Lets lay flat now!!!!!!!!
Get ready for sanctions against the US.
Thank you for your wise words.
Why is every video on this platform doom and gloom ?
It purports to be about information and “ motivation “.
Maybe try a little optimism so people have something to work towards.
West is Racist Supremacist forever. Other countries see it!
USA(colonizer, oppressor, genocidal, racist, supremacist, war crimes, crimes against humanity, bullying, lying, imperialist etc etc) is the most immoral country that ever existed!
USA(colonizer, oppressor, genocidal, racist, supremacist, war crimes, crimes against humanity, bullying, lying, imperialist etc etc) is the most immoral country that ever existed!