Global Capitalism: Economics of this Presidential Campaign [AUGUST 2016]
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Help us transcribe long videos like this! Join the d@w team as a volunteer transcriber and be recognized on our website. Email: info@democracyatwork.info --- Global Capitalism: Economics of this Presidential Campaign with Richard D. Wolff Wednesday, August 10th at 7:30pm Judson Memorial Church, Assembly Hall 239 Thompson Street at Washington Square, Manhattan _____ These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several of today's major economic issues. This month, these will include: 1. What are the economic "plans" of Trump, Clinton, Stein, and Johnson? 2. Are these plans real or symbolic; do any have a chance in Congress? 3. What key issues are missing from the campaign and why? Our goal: to develop all participants’ understanding and ability to explain current economic events and trends to others. When time permits, we open the floor to questions and comments. Help us keep these videos ad-free. Sponsor an upcoming episode of Global Capitalism: www.democracyatwork.info/sponsor
Comments
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I will like to see Mr Richard Wolf in our new government so he can fix a lot of our financial problems .
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Man, that man is gold.
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This fuckers always work for owners.dont let him fool you.
Marx was a British/Vatican agent. -
i studied economy on my oun but i don't agree with this professor one bit. it's baffeling to me to see a economist that have very little understanding of how the economy works.
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i studied economy on my oun but i don't agree with this professor one bit. it's baffeling to me to see a economist that have very little understanding of how the economy works.
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Jill Stein's economic policy is the Green New Deal. Please discuss the pros and cons of her policy please please.
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he could be more articulate... check out some elocution excercises videos. do some yoga before a session to it incrases the energyyou have to convey. i learnt alot from him, although i need more in the way of pictures and statistics info whenhe is speakign with only small reports to illustrate huge and difficult to measure indices.
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No offense to this guy, as he seems to have a very in depth understanding of marxism, but one of the large blunders that people like this make is they focus on inequality strictly on a monetary base, but fail to mention that there is practically no standard of living inequality what so ever in countries like the United States. When it comes to actual inequality the life of Bill Gates and a welfare dependent inner city person are really very similar. You must realize that as the wealth gap grows it also improves the standard of living for those at the bottom.
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I came to a simple conclusion, the majority of the people around the globe studying economy as a college major are dumb don't understand what they are studying or partners in the crime, I tend to the first reason.
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tho you again Dr Wolff
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if i could afford college i'd take and ACE his class... bless you youtube!
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Wolff, why do you hate capitalism, you've never tried it. What are you going to do, spend your whole life hiding out within the walls of the university playing with the children. Sucking a public TIT which is bankrolled by capitalistic taxpayers. It's capitalist like me that finance your life of ease and pleasure. Why don't you tell your followers how much money you earn, or your students that the rate of inflation on college tuition is 600% higher than most common items over the same period. Tell your students that by far the most degenerate avaricious capitalistic enterprise in America are the university's, and that you earn 180K a year, and it's greedy capitalist like you that cause them to have to pay 40k year in tuition , and spend the rest of their lives paying OFF your line of BULLSHIT. Aren't you a class act, bites the hand that feeds him. If your such a magnanimous saint you should go teach at the university in a communist country where the salary is 4500 dollars a year. I'll tell you why , because your a capitalist. Why don't you grow up. You sound like a loser . Only children with no economic experience some of whom are on drugs would buy this line of crap. Spend a few years in the real world instead of hanging with like minded idiots who will tell you how smart you are. You are a joke.
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The evil tactic in our capitalism consists of deliberately suppressing/ withholding basic, unbiased philosophical education as to create, groom and exploit philosophically ignorant, gullible consumers.
I.e. consumers, who mainly care to fulfill their wants & wishes, whereas philosophical maturity guides consumers to fulfill their inherited, true needs. Guess, which capitalist ideology is more human? -
What can be done? The rot in our country that Richard bewails here took root and was established inescapably with the drafting of the Constitution at the Convention in 1787. The Constitution gave the 3 branches especially Congress sweeping power, but more importantly, that power, nominally derived from We The People, as the Preamble states, was in fact almost free and independent of the People, except for occasional elections, right to jury, impeachment power etc. The People at that point in 1787 didnt even have the right to approve of the Constitution, their state legislatures appointed delegates drafted it, followed by the state legislatures ratification. Thus the People that fought for liberty were consigned to the peanut gallery, and were from then on mere appendages of power: propertied white male capitalist power. The flagrant inequality, and widespread denial thereto, that followed, the root cause of all the problems Richard notes here with so much gnashing of teeth, was locked in with the Ratification of the Constitution. This was foreseen to a large extent by the Anti Federalists, the opposition to the Federalist Proposed Constitution in 1789. The question Richard poses here is what can be done now? Can the system be fixed with reforms? Well, I dont believe reform of this entrenched and constitutionally protected power structure is very likely. Roosevelt did short lived reforms in response to the Depression, but many neocons like Larry summers argue the industrial surge in WW2 is what brought economic recovery, not eg the WPA. The same surge is unlikely today-- I do not expect the corrupt running this country to reform itself no matter who is elected. One option [pending total systemic collapse someday] is private secession: one can try to bug out either individually or in groups, whatever works, and attempt to create a separate peace.
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Richard! Please don't demonize elephants. Considering all the harm man has done to them and continues to do (an elephant dies every 15 minutes from poaching), it would be more appropriate for you to say "If Wall Street recklessly caused another financial crisis and demanded another bailout, the politicians would ask where the nail fine was."
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first house, and wife, and ox.. to draw the plough.. thn their blood.. nothing.. is witnessed.. brilliant..
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These talks are a fantastic resource for activists across the world. I am disabled so can't afford to help financially but I want to thank all involved with the production of these.
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it took 6 minutes to start to get on subject ..
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