Global Capitalism: Crises Deepen [MAY 2016]
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Global Capitalism: Monthly Economic Update May 2016 "Crises Deepen: Shifting Socialisms, Exploding Debt, Strange Elections" with Richard D. Wolff May 11th, 2016 Judson Memorial Church, Assembly Hall 239 Thompson Street at Washington Square, Manhattan Co-Sponsored by Democracy at Work, The Left Forum and Judson Memorial Church Our goal is to develop all participants’ understanding and ability to explain current economic events and trends to others. These programs begin with 30 minutes of short updates on important economic events of the last month. Then Prof. Wolff analyzes several of today’s major economic issues. This month, these will include: 1. “Democratic Socialism” declining fast in Europe, rising in US: why? 2. Shared lessons of govt debt crises in Detroit, Puerto Rico, and beyond 3. Presidential candidates’ economic “programs”: what they are and what they mean for the US If you primarily access the videos of the monthly updates posted here on YouTube, we ask you to join our attendees who contribute at least $10 at each event to help defray costs of producing, video-taping, and distributing these videos. Contributions to Democracy at Work are tax deductible (we gladly provide receipts at the event or can mail one of requested). For those able to contribute more than $10, our special thanks. WEBSITE: democracyatwork.info DONATE: democracyatwork.info/donate LEARN MORE: democracyatwork.info/media
Comments
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Have you ever asked yourself why the educational systems all around the world doesn't include more profound information about how things basically work in a real world ?. The people at the top simply don't want us to know these things in order to keep order and save the system that works for them. Recent events reminds me of an Orwell novel- 1984 where media, propaganda and educational systems transfer our way of thinking that people consequently really think that whatever they say is true. And it is very clever of them to start with the little kids at schools whose minds embrace any of the junk the people at the top throw at them. I am pissed off.
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considering what just happened in the election, at about 1hour and 20 mins, Richard's forecast of Trump's strong return in the rust belt is almost too uncanny.
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59:08
I don't think I can get on board with your point of view. Yes the working class in Europe is deprived of many things it once had and is pissed off. But the immigrants are worse off, they had to leave their freaking country with big chunks if not all of their families to live here like either slaves, prisoners or parasites ffs. There is no level of comparison. So I agree that the bourgeoisie has to pay for their imperialism but since they're not gonna do it, yes we have to do it ourselves. We do it cause we're humans, and THEN we ask for the bourgeoisie to pay up everything. What these people advocate is that the imperialist pay and in the mean time no help is given. That is unacceptable.
Let me remind you that these borderline fascist opinions are from the very working class that gets a big part of the spoils of these wars. If not for imperialism, we know full well that the situation in Europe and the US especially would be immeasurably worse than it is now. The difference in living standards between Africa and right across the Mediterranean is beyond obscene, and I know what I'm talking about, cause I've been to Africa and America, and there is no way of comparing their suffering with mine, and I'm no rich person, I'm unemployed and live with 550€ a month with more than half of it for rent. Still I've seen the difference, and consider myself very very very lucky being a white man in Europe. So whenever people from there want to come here, to live a much better life, even though still much worse than ours, we must allow them and help them in doing so. Unconditionally because we're not assholes.
So when you say people are fed up with immigrants, yes fascist assholes are fed up with them. Nice courageous people help them instead while condemning the government for past wars and demonstrating to prevent future ones. Our foreign policies is what Europeans are the most quiet about, they're pissed off at the government yes, but then say amen whenever the latter decides to "bring democracy" somewhere. To those people I say have some dignity or fuck you. -
49:56 >"Not gonna work!"
That notion that every family has a communist in Europe is far fetched to me. I look like a dinosaur to people when I dare say I'm a communist. In France, Belgium or Holland at least. In some countries in the south it's easier but still not like you claim it.
Also if it were true that knowing a family member is communist would make such anti-communist propaganda impossible, how was it done in the US where you admit there was a very strong communist party?
I have another theory, I don't have the data to support it but maybe you do : I think that no one is more deaf than the one who does not want to hear and no one is more gullible than the one who wants to believe. And in the US people were indeed in much less of a bad situation than Europe with the added fact that many could remember the glorious days of the booming economic development of the preceding century and part of the 20th's. With a further indicator in that the UK that suffered less of the war and that was still the #1 imperialist at the time had thus enough comfort for its middle class that the communist party (and the fascist too by the way) there was and had never been nowhere nearly as powerful as in the other big countries of Europe.
So my case is that capitalism hadn't screwed the masses in the US or the UK there enough and not long enough to spawn a desire for communism. The minute it started getting better in the US, the need for communism "vanished" and the memory of it was too thin to resist the assault.
Another very important factor too though is the role communism played in the war. Whether be it just the today much forgotten fact (even in Europe) that the USSR had single handedly defeated fascism while the rest of the bourgeois/fascist governments happily collaborated with the overtly fascist invading countries or the fact that the actual resistance to those and their collaborators was the burden of the mainly communist partisans, communism as an ideal was championed by the masses to the extent that the governments had to either implement social democracy or face revolution. A good illustration of this was that when the US/UK arrived in Italy and struggled their way north, the further they got, the less Nazis they fought and the more communists that had already defeated the Nazis they fought. After all the Italian people (lead by communists) was itself responsible for the "destitution" of Mussolini and were themselves resisting against the subsequent German and allied invasions. I have many more examples like the beautiful and sad example of Greece but I digress. My point is that the further you were from the war, the less chance you had of caring about communism and the easier it was to demonize them ideologically.
At any rate, as important as was the aura of communism and the USSR in Europe, I still think that it's the "I don't care cause I have what I need now" that is the most compelling argument to make people accept the anti-communist propaganda. Imagine for a second that there had been no Marshall plan and the Europeans still had to suffer after the war, there is no way that they would have believed any of the lies the propaganda propagated. Try telling an Indian peasant today that communism is evil, they'll tell you "Fuck that shit! Everything is evil, especially you government! Let me try that communism thing, it really really doesn't look bad at all.". That's why there's communist struggle in India and not here. Cause here we accept capitalism and especially imperialism (note how Sanders has very little to say about imperialism) cause the system as bad as it is still seems convenient enough to believe the lies. Communism means sharing also with the rest of the world and to stop plundering it, that's something that even my dear militant socialist/communist brother has a hard time accepting, let alone the 99.9% of the 1st world... -
I'm from Argentina and we had a similar situation after WWII except that unions became extremely powerfull. Now they run the country by cuting deals with corporations, ruining the small busines and exploiting workers. So i think it's not a matter of system change, it's a mentallity change. Most humans wants to be wealthier than the rest thats why capitalism rules now like slavery or feudalism ruled before.
Capitalism sucks but it's the system that goes best with our human nature. -
Brilliant. Especially the section on what is driving public opinion on refugees.
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what's more American than a Germanic bastardization of a Czech beer brand, owned by Belgians =P
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"It don't look so good for Mrs. Clinton vs. Mr. Trump."
This man is Nostradamus. -
You can just hear Richard Wolff's insecurity with capitalism. I'm convinced that powerless intellectuals hate powerful anti-intellectuals the most.
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Google Chelsea Clintons husband and you will learn a lot
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He's getting FAT
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shut up devil
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There are problems with capitalism. However, why does no one have the good commons sense to see that the answer is not to totally do away with the whole vehicle. Just fix the problems and move on. You don't scrap an entire car when it only needs the spark plugs replaced.This guy's a moron.
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June update ?
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Only Bernie can save America.
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BERNIE ONLY!
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ALL OF DONALD TRUMP'S BOOKS END AT CHAPTER 11
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"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."
Winston Churchill -
During the overambitious attempt at Nazification of the United States in the early 1950s (at a time when the same actors were suppressing de-Nazification in Germany), the term 'propaganda' was re-defined to mean "false propaganda". It still means in Europe today "views that are propagated, broadcast" (morally neutral, neither "good" nor "bad"). American Nazi historians could point to Soviet "propaganda agencies" or policies of "agitation and propaganda", and say, "See, what'd we tell you!" To fill the gap where "good propaganda" had existed, they created the new term 'public relations'. American newspeak. Nazis? Yes. But they needed to assassinate the last New Deal, pro-peace president first, in Dallas, to get things really underway and finally kicking it off with Richard Nixon. See the videos made by James Ambas archiving Dave Emory's "How America Lost World War II" in my playlist here: https://www.youtube.com/watch?v=wLW0Z7hu1CY&list=PLU1cLSAI7OzXiNs9BHcAFqwJEfCHgJVpS
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Does anyone know why June Update hasn't come yet?
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