Dr Richard Wolff: Global Capitalism: What Trump 2.0 Means

Jan 23, 2025

Dr Richard Wolff’s Perspective: Global Capitalism: The US Election and Trump 2.0 in Historical Perspective | November 2024

Nov 21, 2024

Why many Brits keep looking to the USA for economic leadership, why they keep drooling over all things American, is beyond any sane person’s comprehension. We were far better off as full members of the European Union than we will ever be clutching and clasping Trump’s apron strings! – © Mark Alexander

Bernie Sanders : “Capitalism Does Not Make America the Land of Opportunity”

Bernie Sanders says that MASSIVE inequality is absolutely immoral.
Bernie Sanders is right, of course. Capitalism is a good system, but it needs regulating. American capitalism is OBSCENE! In my opinion, it is also DOOMED TO EVENTUAL FAILURE. No political system can survive forever when it treats the majority of its citizens so shabbily, yet treats the privileged few so well. How can it be right for millions of Americans to be HOMELESS when a select few can live in the lap of luxury?

Obscene American capitalism is at total variance with Americans’ insistence on invoking God all the time — “In God We Trust” — and promoting Christianity. Which version of Christianity is this, pray tell? God must be very ANGRY with Americans for throwing His children out onto the streets to sleep rough and freeze to death in winter, when the superrich can live in mansions, own superyachts, and fly around the world in their own private jets.

Americans need to take stock! — © Mark Alexander

Richard Wolff: The Final Case Against Donald J. Trump

Oct 20, 2024 | Richard Wolff is Professor Emeritus of Economics at the University of Massachusetts Amherst and a visiting professor at The New School, where he works on economics in the Marxist tradition. This is Richard’s fifth appearance on Robinson’s Podcast. He and Robinson discussed some of the most profound criticisms of capitalism. They focused on the myths surrounding Marxism and Marx himself. They covered the Israel-Palestine conflict from a Marxist perspective.

Dr Richard Worlff is a Marxist economist. He has a brilliant mind. However, the mere fact that I am posting this discussion on my blog should IN NO WAY be construed as an endorsement of Marxism. It is not an endorsement; I do not endorse it. I do, however, find Dr Richard Wolff a fascinating character and a man who is extremely intelligent and insightful. Do I agree with his take on everything discussed in this video? Certainly not! But, as my regular visitors should know by now, I do not post videos on this blog simply because I agree with everything discussed in them. Were I to adopt that strategy, I should find it very difficult to post ANYTHING!

As a person, I like to have my thinking challenged. If I think something is particularly good, insightful, or interesting, then I usually post it. Even if the video is controversial. In fact, a little controversy can stimulate one’s thinking. Controversy is to thinking what spice is the food! I hope that you enjoy the discussion. – © Mark Alexander

Economic Update: US Capitalism at the Crossroads

Jan 29, 2024

Capitalism Hits Home: BRICS & The End of US Dominance

Apr 27, 2023 | n this episode of Capitalism Hits Home, Dr. Fraad discusses the decline of the American empire, both globally and domestically. After WWII, the US was the only industrialized nation that stood strong, helping it ascend to global dominance. Today, however, the world order is shifting. The BRICS economic alliance (Brazil, Russia, India, China, and South Africa) is extremely powerful and widespread, with over 19 more countries hoping to join the alliance. The US dollar is losing its primacy and our country is steeped in debt. Internally, poverty is ever-increasing, corruption is normalized in our politics, and our wealthiest individuals and corporations don’t pay taxes. How did we get here? What can be done? Dr. Fraad tackles these questions and more.

Thomas Piketty on Capitalism, Corbyn and Why Zuckerberg Is Getting It Wrong - BBC Newsnight | 2015

Renowned economist Thomas Piketty sits down for a tête a tête on the world economy with Evan Davis

Capitalism Hits Home: How Americans Cope with Falling Living Standards

Feb 3, 2022 • Declining living standards, joblessness and pronounced inequality are leaving Americans feeling disconnected, helpless and depressed. In this episode of Capitalism Hits Home, Dr. Fraad talks about the 3 Ds - depression, dissociation and denial - Americans are resorting to as coping strategies for their stark decline in health and living standards. Fraad offers examples of more productive and beneficial ways to cope and heal.

What an appalling economic system! A working man should be able to keep his family in relative comfort from the rewards of his labours. Children need mothers at home. (Or at least someone who will substitute for a mother.) Children can't bring themselves up! If a man (one person) cannot support the family, then there is something radically wrong with the economic system. You cannot be pro-family and be pro- this ridiculously anti-family set up. Republicans! Are you listening? – © Mark

Yanis Varoufakis: Capitalism Has Become 'Techno-feudalism' | UpFront

A recent Oxfam study found that since the start of the coronavirus pandemic, the world’s richest 10 billionaires have seen a wealth increase of half a trillion dollars – enough to pay for every person on the planet to get a vaccine.

In this UpFront special, Marc Lamont Hill discusses with economist and former Greek Finance Minister Yanis Varoufakis what is driving the staggering wealth inequalities and how governments are offering socialism for the rich, and austerity for the rest.

Prof. Wolff on the Capitol Hill Riot: Capitalism's Last Gasp?

Prof. Richard D Wolff on the Four Reasons Capitalism Is Imploding

Professor Richard D. Wolff discusses the "four basic problems that the United States and its Capitalist system have had for a very long time" and how "none of them have been solved", and how "none of them have even been approached for the serious fundamental problems that they are". Watch to hear Professor Wolff break down these four all-encompassing issues we face in America today and have faced in our history.

Richard Wolff on How American Capitalism Is Just Socialism for the Rich

Professor Richard D. Wolff discusses how "recent news reports have exposed a certain scandal surrounding the Payroll Protection Program that the government allowed, now that Capitalism crashed here in the United States; at the same time that the failures to prepare for, or to contain the Coronavirus, have engulfed our country."

Capitalism Is Just a Fancy Word for Unchecked Greed

According to new research published by the Economic Policy Institute, average CEO pay has continued to skyrocket while wages stagnate, and now CEOs make roughly 320 times the amount that the average worker makes. These gains for the ruling elite have far outpaced the gains in the stock market, allowing us to rule out "good stocks" as the sole cause. The cause CAN, however, be boiled down to unfettered greed, as Ring of Fire's Farron Cousins explains.


Won’t it soon be time for a revolution? – Mark

Heated Debate on Capitalism with America’s Most Prominent Marxist Economist – Richard Wolff

Economist Richard Wolff sits down with Patrick Bet-David to discuss socialism, capitalism and business.

Patrick Bet-David »

Capitalism Hits Home: COVID-19: A Psychological, Political and Economic Plague

The Changing Face of the USA Today: Young People Gravitate to Socialism as Capitalism Keeps Failing Them

According to a new round of Gallup polling, Socialism is now as popular among Millennial voters as Capitalism. The main reason for this, which the poll did not get into, is that this age group has seen nothing but failures from capitalism for most of their lives, and they want a better system. Capitalism, in its current form, is not working for any age group, but older voters are still able to look back fondly at what once was. Ring of Fire’s Farron Cousins explains what’s happening.

Right-wingers Now Claim Jesus Was a Free Market Capitalist

The folks over at PragerU are terrified of the word “socialism” and they’ve gone as far as to say that Jesus Christ himself was definitely not a socialist but instead was a full on free market capitalist. This is an absolutely ridiculous claim, even when they try to give us examples from the Bible with their own unique, reality-warping spin on them. Ring of Fire’s Farron Cousins discusses this.

Yanis Varoufakis on Iran Nuclear Deal Demise, US Trade Negotiations, Europe’s Far Right & Capitalism

Capitalism Will Eat Democracy – Unless We Speak Up | Yanis Varoufakis

Have you wondered why politicians aren't what they used to be, why governments seem unable to solve real problems? Economist Yanis Varoufakis, the former Minister of Finance for Greece, says that it's because you can be in politics today but not be in power — because real power now belongs to those who control the economy. He believes that the mega-rich and corporations are cannibalizing the political sphere, causing financial crisis. In this talk, hear his dream for a world in which capital and labor no longer struggle against each other, "one that is simultaneously libertarian, Marxist and Keynesian.

Donald Trump to the Pope: 'Isil Wants to Get You'

Donald Trump

THE TELEGRAPH: Billionaire Republican frontrunner says he would like to meet Pope Francis but would not tolerate any criticism of capitalism

Donald Trump says he would not allow the Pope to criticise capitalism if they were to meet face to face, and would scare him into silence by reminding him that violent jihadis of the Islamic State want to invade the Vatican.

It was a typically bombastic Trump moment delivered during a wide-ranging interview in which he took on Hillary Clinton, underlined his views on illegal immigrants and said he would allow women to fight in American special forces. » | Rob Crilly, New York | Thursday, August 20, 2015