This Is HUGE! Trump is going to NUTS when he Realizes THIS – Richard Wolff

This Is HUGE! Trump is going to NUTS when he Realizes THIS – Richard Wolff

According to Richard Wolff, capitalism in the United States has entered a stage defined by contradictions that most of the culture refuses to acknowledge. He explains that one of the core problems is how technological innovation and globalization have steadily funneled more wealth into capital while squeezing labor, leaving working people with declining purchasing power. This reality exposes the inherent contradiction within capitalism itself—its dependence on consumer demand while simultaneously undermining the very workers who sustain it. Wolff stresses that the U.S. has lost the capacity to recognize and manage such contradictions, something he attributes in part to a cultural aversion to facing uncomfortable truths, shaped by puritanical traditions and a collective guilt over the nation’s violent historical foundations.
Wolff points out that capitalism remains highly dynamic, but the dynamism has shifted eastward, particularly to China, where the employer-employee system has generated rapid growth and lifted millions out of poverty. Meanwhile, the United States has seen stagnation, growing inequality, and the hollowing out of its once-prized middle class. He notes how striking it is that post-World War II America, which had been less unequal than Europe, now far surpasses Europe in inequality. The promise that capitalism would sustain a large and prosperous middle class has collapsed, leaving even mainstream politicians forced to pay lip service to “bringing back the middle class,” while none actually deliver. This hollow rhetoric mirrors decades of failed promises to restore manufacturing jobs, highlighting how the system is locked in contradictions it cannot resolve.

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