Channel: RichardDWolff

Category: News & Politics

Tags: occupy the economythe sickness is the systemcapitaltaxesinflationexploitationunderstanding socialismpeople's republic of chinacapitalismjusticeunderstanding marxismcapitalistspriceswealthworkinterest ratessocialismmarxeconomycorporationslaborbideninequalitywageseconomicseconomic justicereal wagesdemocracy at workeconomic democracy

Description: In this Wolff Responds, Prof. Wolff speaks about the failures by the Biden administration to find a way out of the current economic crisis. As inflation steadily increases and wages stagnate, our government’s only proposed solution—increased interest rates—does more harm than good. We’re stuck at a dead end with nowhere to go…except to a system better than capitalism, one that supports the masses. Wolff Responds is a @Democracy At Work production. We provide these videos free of ads. Please consider supporting our work. Visit our website democracyatwork.info/donate or join our growing Patreon community and support Global Capitalism Live Economic Update with Richard D. Wolff at patreon.com/gcleu. ___________________________________________________________________________ Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! Go to: 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: Patreon: patreon.com/gcleu Web: rdwolff.com Twitter: twitter.com/profwolff Facebook: facebook.com/EconomicUpdate facebook.com/RichardDWolff facebook.com/DemocracyatWrk Subscribe to the EU podcast: economicupdate.libsyn.com Shop for EU merchandise: democracy-at-work-shop.myshopify.com