Channel: Democracy At Work

Category: News & Politics

Tags: capitalthe sickness is the systemask prof wolffyt:cc=oninflationdollarpetrodollargovernmentrichard wolffcapitalismjusticecurrencypovertypowerwealthprofitsemployersmarxismshareholdersworkmarxsocialismeconomylaborcorporationsinequalityyuaneconomicseconomic justicechinaemployeesoverwork

Description: A Patron of Economic Update asks: "Prof. Wolff could you please comment or give your analysis regarding the petrodollar, its impact on global markets, geo-politics and the recent news that the Yuan may soon overtake as the leading world's reserve currency? Most notably I'm interested to know how probable this event is and its impact on the United States economy and domestic politics, etc. What can/should be done about it?" This is Professor Richard Wolff's video response. Submit your own question to be considered for a video response by Prof. Wolff on Patreon: patreon.com/economicupdate/community. Ask Prof Wolff is a@Democracy At Work production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/economicupdate. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible. _________________________________________________________________________ Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! Visit: lulu.com/en/us/shop/richard-d-wolff/understanding-marxism/hardcover/product-7zr2y4.html?page=1&pageSize=4 “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly at lulu.com/spotlight/democracyatwork _________________________________________________________________________ Follow Wolff ONLINE: Web: rdwolff.com Patreon: patreon.com/economicupdate Twitter: twitter.com/profwolff twitter.com/democracyatwrk Facebook: facebook.com/EconomicUpdate facebook.com/RichardDWolff facebook.com/DemocracyatWrk Daily Motion: dailymotion.com/democracyatwrk Subscribe to the EU podcast: economicupdate.libsyn.com Shop our worker CO-OP made MERCH: democracy-at-work-shop.myshopify.com