Global Capitalism: November 2015 Monthly Update
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Global Capitalism: Monthly Economic Update Richard D. Wolff Wednesday, November 11th at 7:30pm “Immigration, Unaffordable Cities, and Bernie's 'Democratic Socialism'” _____ Where: 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 major economic issues. For November 11th, these will include: 1. Why Corporations want Immigration in US and Europe now 2. Housing Economics: "Gentrification" = Unaffordable Cities 3. Bernie Sanders' "Democratic Socialism" : an Analysis _____ ....... Professor Wolff's Website: www.rdwolff.com Professor Wolff's Podcast: http://www.truth-out.org/economic-update-your-weekly-dose-revolutionary-economics/1310498361 Permission to reprint Professor Wolff's writing and videos is granted on an individual basis. Please contact profwolff@rdwolff.com to request permission. We reserve the right to refuse or rescind permission at any time.
Comments
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Could anyone enlighten me about the "clear examples" of racism at the University of Missouri? I've often seen that claim made in various articles but I've yet to hear what exactly those examples consist of and why they are such a big deal since it seems no legal actions were undertaken by the students?
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Lets Analyse the Rich CEO Class: The maybe 10 000 tall tough Jocks who were the Bullies in High school since 1970s now are the big CEOs and control 10 millions of workers, and buying all the political Votes....EF U , EF U, EF U CEOs..
Because the world is divided into professions and all the slots are taken IF YOU DIDN"T KNOW THAT! Basically we got the NEW ROMAN EMPIRE and the CEOs as the Roman Senators and soon TRUMP to be elected as the new CAESAR salad!
These CEOs believe they were send on Earth as Gift from GOD to help manage us the poor and stupid population. Bernie Sanders said: Democracy is not a spectator sport: Because we are Spectators: We only watch the Stupid Tube every day and never go out to to vote for the real people. We only take the choice that the CEOs offers us- the stupid package.!
But not any more- every 50 years Revolution happens, and now its the time since last peoples revolution 1968 - The big awakening against treating people like meat and sending them in war 12000 miles away in Vietnam. Now the people are used like meat just to do the service jobs for the Rich CEOs, while working only for 9$/hour and all jobs are part time. Not Any more- we will take the power and kick them out of office!
We don't need the 10000 CEOs , but we need the 300 million middle class people who are turned into poor class! So Go out and VOTE FOR PEOPLE LIKE BERNIE SANDERS AND ELIZABETH WARREN WHO FIGHT FOR YOUR RIGHT TO HAVE A JOB AND ENOUGH MONEY TO SURVIVE!.,.., -
Lets Analyse the Rich CEO Class: The maybe 10 000 tall tough Jocks who were the Bullies in High school since 1970s now are the big CEOs and control 10 millions of workers, and buying all the political Votes....EF U , EF U, EF U CEOs..
Because the world is divided into professions and all the slots are taken IF YOU DIDN"T KNOW THAT! Basically we got the NEW ROMAN EMPIRE and the CEOs as the Roman Senators and soon TRUMP to be elected as the new CAESAR salad!
These CEOs believe they were send on Earth as Gift from GOD to help manage us the poor and stupid population. Bernie Sanders said: Democracy is not a spectator sport: Because we are Spectators: We only watch the Stupid Tube every day and never go out to to vote for the real people. We only take the choice that the CEOs offers us- the stupid package.!
But not any more- every 50 years Revolution happens, and now its the time since last peoples revolution 1968 - The big awakening against treating people like meat and sending them in war 12000 miles away in Vietnam. Now the people are used like meat just to do the service jobs for the Rich CEOs, while working only for 9$/hour and all jobs are part time. Not Any more- we will take the power and kick them out of office!
We don't need the 10000 CEOs , but we need the 300 million middle class people who are turned into poor class! So Go out and VOTE FOR PEOPLE LIKE BERNIE SANDERS AND ELIZABETH WARREN WHO FIGHT FOR YOUR RIGHT TO HAVE A JOB AND ENOUGH MONEY TO SURVIVE!,..., -
Before you assume that i never read a book think deeply.. MY IDEA IS NEW RADICAL, AND IT CAN WORK. if you donate money to people , they will spend it right away on food, and housing (prof Richard Wolff). SO MY IDEA IS INSTEAD THROWING HELICOPTER MONEY (paul krugman) from top down , we will throw from bottom up. Why should 90% of population wait for TRICKLE DOWN ECONOMICS , SO WE GIVE IT TO THE PEOPLE(and control the inflation same time) AND LET THE BIG BANKS AND BIZ BE CREATIVE TO GET OUR MONEY-let them be creative. imagine this way if all people get monthly:we will have no stealing, no murders for money, no poor people , you can fix millions of societal problems this way. Its not my idea-IT IS THE BASIC INCOME IDEA-I JUST IMPROVED IT. ..also RBE economy is great radical idea, also instead of giving money we can donate coupons and vouchers for food housing..etc.. I have blended many great ideas into one..I have power to visualize and troubleshoot different economies in my mind..I am sci-fi writer and if you want in the future you can create perfect society. But only if you want to share and help others. Einstein said : The Earth provides enough to satisfy every man's needs, but not every man's greed.. I believe capitalism needs to evolve into Socialism..But if you are right wing conservative you will dismiss my idea!,..,,,.
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HOW ABOUT THIS IDEA: 0% TAX FOR ALL - Radical idea, but very powerful! 0% Tax for all , and liberals would say: (ooh my god my who will pay my salary and pension of my gov't free job) Hmmmm, i mean WHO WILL PAY FOR ALL THE ROADS AND BRIDGES!..I will tell you: Gov't creates money - so they will print it every month, and PAY THEMSELVES..AND THE REPUBLICANS: (ooh my god , my money in the bank will be eaten by inflation) hmm, BUT WE WILL HAVE TO MUCH INFLATION! YES..this is the idea.! TO EQUALIZE THE SOCIETY WE WILL PRINT MONEY and pay all people basic income every month - this way the poor will be happy, the middle class can still get money and pay for their houses, AND WHO CARES FOR THE RICH!....Why is this good idea! 1. If you plan to open small business and run it - you will not have to pay any taxes- so many small businesses will be open. 2. If you are Worker you will get you BASIC income and + if you shoose to work you will get extra and don't worry to pay taxes! 3. If you are gov't employEE you will do your job AND YOU WILL NOT BE VAMPIRE WANTING TO SUCK MORE MONEY FROM ALL OF US! 4. tHIS SYSTEM IS GOOD FOR ALL PROFESSIONALS like doctors or scientists, and in long term will create aworld with no poor, no stealing, no murder(except for cheating on ur wife) , no public protests, hapy people. BECAUSE THE MONEY NOW IS MOST IMPORTANT THING IN THE WORLD, BUT WE HAVE TO MAKE THE PEOPLE MOST IMPORTANT THING IN THE WORLD AND MONEY SHOULD BE ONLY USED FOR WHAT IS INTENDED PURPOSE IS: as an Exchange system , a voucher to buy and trade stuff, to get food and groceries and to make sure all of us are taken care for.////
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This guy is FULL OF SHIT! The reason for destroying the middle east isn't that they want to bring "cheap labour" to Europe. LOL The real reason is that the jews want all their neighbours destroyed economically, socially and militarily so that these countries (Syria, Iraq, Lebanon, Iran etc) would never pose a threat to the jewish state.
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The VW story is reminiscent of the 410k managers' or butcher's story. Same motivation behind the cutcorners, only different tactics and more perilous health outcomes. "Hey, it's Folks' Wagon, folks! The folksy wagon e'er'body wants! It'll give ya CANCER!"
How did the English speaking world decide that something was a car instead of a wagon simply because its drive was internal combustion rather than horse drawn? -
I think Jesus was very clear about money lenders and their activities. Shame you dismissed him like that. He died for that testament. God's only son.
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Day time television + Denny's = Suicide, brilliant!
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The power shift from the ruling elite to the workers which Prof. Wolff mentions at 14:25 is supported historically by the aftermath of the bubonic plague in Europe in the middle ages, when nature herself revolutionarily intervened to create a labour shortage. In the aftermath, the surviving labour force was then at a premium, both in demand and in wages, as the workers could simply bugger-off to a farm which paid better if they were dissatisfied. Contrary to myth, most peasants were not indentured under the feudal system. However, in contrast many workers are indentured now. As Wolff points out.
Progress and economic growth at all costs.Yay. -
Professor curses a lot during this monthly update.
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Sorry, I know these are old arguments but: “The problem with socialism is that you eventually run out of other people's money.”
― Margaret Thatcher. So if you are going to tax the "elite rich" 97% interest, why would they continue living in America? They MIGHT leave. Then who or where are you going to get the 97% from? I don't see Michael Moore or the "Clintons" handing out their money. I think "unions" might, one again, become an option. -
Greedy Capitalism is a problem. However, do you think the elite socialists are going to "distribute" to you as much as "they" have? Don't think so.
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Today is 12/10/15 sooo where's Dec. update????
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Fascinating examples of the excesses produced by the greed that accompanies unbridled capitalism. Indeed, NAFTA produced the desolation we now know as Detroit (which in the 50s was a center of American culture); as well as, the war zone of Juarez where so many so-called "Maquiladora" factories set up shop.
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We,have been BULLSHITTED!!!
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preaching socialism in a church, nothing ironic about that, it is where religion belongs, i just ask that the socialists be more peaceful and the Muslims.... for once.
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history is in the making. a revolution is happening. worldwide the capitalist religion is falling. Enough is enough. People are ready for change and the power of people in numbers will topple this fascist government over.
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This guy is incredible.
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THE uk has the most bent twisted and corrupt government ever seen,no one pays tax it all goes offshore,billions of uk overseas aid is lying in swiss bank accounts.we have the poorest pensioners in the eu 45 thousand pensioners died in the winter of 2014 because of the cold, I am an old pensioner and i am not looking forward to the future.
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