Richard D. Wolff: Global Capitalism -What Now Economics & the New Government
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Originaly published by Democracy at Work on on Nov 15, 2016 Read Prof. Wolff's post-election message here: https://goo.gl/M1acSD Special thanks to Will Cooper of San Diego, CA, who has sponsored this month's episode. Become a sponsor: democracyatwork.info/sponsor --- Global Capitalism, Monthly Economic Update: "What Now? The Real Economic Issues and the New Government" with Richard D. Wolff Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church Wednesday, November 9, 2016 at 7:30pm Judson Memorial Church Assembly Hall 239 Thompson Street at Washington Square These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. This month, these issues will include: 1. Where is this capitalist system going?; 2. Monopolies, yet again, and deepening economic inequalities; 3. Alternative, non-capitalist economic structures & opportunities. Our goal: To develop all participants’ understanding and ability to explain current economic events and trends to others. We open the floor to questions and comments when time permits. Richard D. Wolff BIO: WOLFF is Professor of Economics Emeritus, University of Massachusetts, and a Visiting Professor in the Graduate Program in International Affairs at the New School University in New York City. He has authored or co-authored more than a dozen books, including his most recent; Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown 2010- 2014, and he hosts the weekly Economic Update podcast. John Nichols' many books include The "S" Word: A Short History of an American Tradition...Socialism, and, most recently, Dollarocracy: How the Money-and-Media-Election Complex is Destroying America. This episode also features a commentary from Laura Flanders on renaming capitalism. Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a visiting professor of economics at the University of Paris (France), I (Sorbonne). His work is available at rdwolff.com and at democracyatwork.info and his twitter handle is @profwolff
Comments
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In the campaign Hillary Clinton "decided" to associate herself with Barack Obama and Bill Clinton? She was part of the Obama administration and is married to Bill Clinton. There wasn't much choice. Trying to distance herself from two people she's clearly associated with would have played into the untrustworthy, disingenuous narrative.
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Very helpful
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Wolff stated that the Democrats will be a little bit better than the Republicans or won't hurt them as much. He misses the point completely that the Democrats purposely betrayed the working class. Bill Clinton, a New Democrat, famously said, "They have no where else to go.", when referring to the working class and unions when he passed NAFTA. Democrats turned their backs on the American middle class and working class while embracing Wall Street. Well, the working class found somewhere else to go.
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Keep up the good work - tell the truth!
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These Articles should help those who do not understand what a government is with monetary sovereignty and who do not understand Public/Federal Debt which does not operate as a household budget.
Modern Monetary Theory Primer (MMT COURSE PRIMER) is here: https://goo.gl/9X4sqI
Bill Mitchell: If you think you know what ‘debt’ is, read on
http://bilbo.economicoutlook.net/blog/?p=24850
Bill Mitchell: There is no federal public debt problem in the US
http://bilbo.economicoutlook.net/blog/?p=15490
Bill Mitchell: DEBT IS NOT DEBT
http://bilbo.economicoutlook.net/blog/?p=3346
Bill Mitchell: Been searching for a public debt overhang - didn’t get far
http://bilbo.economicoutlook.net/blog/?p=26289
Bill Mitchell: The US government can buy as much of its own debt as it chooses
http://bilbo.economicoutlook.net/blog/?p=25161
Bill Mitchell: Direct central bank purchases of government debt
http://bilbo.economicoutlook.net/blog/?p=29140
George Monbiot: 1) Neoliberalism - the ideology at the root of all our problems
https://goo.gl/LOferJ
George Monbiot: 2) Neoliberalism: the deep story that lies beneath Donald Trump’s triumph
https://goo.gl/vHveSG
Warren Mosler: “The Seven Deadly Innocent Frauds of Economic Policy” located here from Mosler's website: https://goo.gl/xOeKRT
Joe Firestone: Neoliberalism Kills: Part One https://goo.gl/PNZYaO
Joe Firestone: Neoliberalism Kills: Part Two https://goo.gl/bqa9Yb
L. Randall Wray: MMT, SECTORAL BALANCES AND BEHAVIOR https://goo.gl/lRdkHp
Rodger Malcom Mitchell: Modern Monetary Sovereignty Blog https://goo.gl/ewChFs
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