Economic Update: Class Struggles Worldwide

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Democracy At Work

Democracy At Work

Күн бұрын

Пікірлер: 422
@TennesseeJed
@TennesseeJed Күн бұрын
The real Wolff of Wall Street reality!
@tjsmith5477
@tjsmith5477 Күн бұрын
This guy made Million has Capitalist! What does he pay his employees?
@TennesseeJed
@TennesseeJed Күн бұрын
@tjsmith5477 I have no idea what he pays his people. I don't even know where to find that information.
@j85grim4
@j85grim4 22 сағат бұрын
​@@TennesseeJed Fancy seeing you here. I always see you posting at CC or Humpty 😉.
@peaceleader7315
@peaceleader7315 23 сағат бұрын
There is nothing to do with nationalism, sovereignty, or patriotism.. ( It always was CLASS STRUGGLE )
@danielhutchinson6604
@danielhutchinson6604 10 сағат бұрын
Allowing and participating in Capitalism appears to be the single issue that is used to control and define "Class".
@peaceleader7315
@peaceleader7315 6 сағат бұрын
@danielhutchinson6604 not just that.. capitalism also creates an artificial mindset that isn't computed with humanity's cognitive development of mindset that seems to reinforce self-centred, personal ambitions, and greeds.. the fundamental negativity for the development of our human species ambitions.
@danielhutchinson6604
@danielhutchinson6604 4 сағат бұрын
@@peaceleader7315 Without Capital to define value, Humans are no longer divided up by the amount of Capital they have. My point is that if we ceased to define "Value" as Capital in any form, we remove the ability to define "Class". At least in Economic Terms?
@danielhutchinson6604
@danielhutchinson6604 4 сағат бұрын
@@peaceleader7315 I am not disagreeing with your statement. I merely seek to define the weakness of Capitalism.
@peaceleader7315
@peaceleader7315 54 минут бұрын
@danielhutchinson6604 I know.. and you should look into and compare and highlight what capitalistic economic systems psychologically do to people.. and it isn't pretty.
@kingrico7909
@kingrico7909 15 сағат бұрын
Richard Wolff has become my favourite person in the world to listen to in 2024. 🔥👌
@Moonsie-p8p
@Moonsie-p8p 20 сағат бұрын
Thank you Professor Wolff. I’ve learned so much about politics and economics from listening to you.
@naturenut8790
@naturenut8790 Күн бұрын
America, are you listening?!
@j85grim4
@j85grim4 22 сағат бұрын
The boomers still have all the power and property and they have brain damage from lead poisoning so we are f*d 😅.
@joseeduardobtesh1651
@joseeduardobtesh1651 11 сағат бұрын
You mean North America?
@bpb5541
@bpb5541 10 сағат бұрын
Yes... I am so short it would make your head spin.
@luisdavidllense2293
@luisdavidllense2293 8 сағат бұрын
America: 'huh?'
@jgalt308
@jgalt308 4 сағат бұрын
To the nonsense??? Only a few deranged people are...
@victorcamilo7232
@victorcamilo7232 13 сағат бұрын
Thanks!
@pattirockgarden4423
@pattirockgarden4423 Күн бұрын
Tariffs are taxes on goods! Against the US consumers, who will pay higher costs for products. And pay cuts to boot!
@HidalgoQuijote
@HidalgoQuijote Күн бұрын
Make America Unaffordable Again
@sofiaalonzo807
@sofiaalonzo807 Күн бұрын
Exactly
@sofiaalonzo807
@sofiaalonzo807 Күн бұрын
I thought he was going to lower prices like Nixon did in 1970. “The Economic Stabilization Act of 1970”.
@Trox2018
@Trox2018 Күн бұрын
​@sofiaalonzo807 he told everyone what he was going to do, you did not listen! JFC
@OptimusPrime-x9x
@OptimusPrime-x9x Күн бұрын
In short, the system is normalizing
@sarahkelson8386
@sarahkelson8386 21 сағат бұрын
Love listening to you. Not learning much I don't already know, but I so seldom hear it expressed. And you do it so eloquently.
@Youalreadyhaveitall
@Youalreadyhaveitall 22 сағат бұрын
Richard, I’m super grateful for your educational content.
@freke80
@freke80 Күн бұрын
Thanks, you are a masterful explainer.
@DonnaClark-cd5fr
@DonnaClark-cd5fr 21 сағат бұрын
Professor Wolfe, the US Government is also guilty of the same shenanigans as the healthcare corporations. On average, someone needing to sign up for Social Security Disability is denied 3 times before they are approved. I hope that you will include this fact in your podcasts. Most people have no idea how corrupt the Social Security Administration is by denying people in hope that they will just give up and go away.
@ronstephen-wy4ib
@ronstephen-wy4ib 19 сағат бұрын
Deny, delay, disqualify...
@breft3416
@breft3416 14 сағат бұрын
Medicare is an insurance system.
@danielhutchinson6604
@danielhutchinson6604 10 сағат бұрын
As the ability to provide the illusion of support for the US form of Fiat Currency fades, the ability of the Oligarchs seems to slip from their control.
@Giantkelp1
@Giantkelp1 Күн бұрын
Thank you Wolff for your contributions creating articulate and analytical videos, organizing people, and work places. You are an awesome human being. Thank you.
@jgalt308
@jgalt308 4 сағат бұрын
Where is he doing that? There are no facts here...
@limitisillusion7
@limitisillusion7 3 сағат бұрын
@@jgalt308 Make your own videos then.
@suzanneharris8339
@suzanneharris8339 22 сағат бұрын
Prof. Wolff is such a good speaker! He could be a Shakesperian actor, but he's chosen to be a gifted economist. 🥉 ❤
@kennethfisher7013
@kennethfisher7013 23 сағат бұрын
There are many in the US that still don't get it. But they will.
@WanyaF-e6z
@WanyaF-e6z 23 сағат бұрын
Amazing comments 👏👏👏👏 people are beginning to wake up.
@jgalt308
@jgalt308 4 сағат бұрын
No, they are "fantastic" comments...a.k.a. imaginary!!!!
@cristinakasselas555
@cristinakasselas555 13 сағат бұрын
Never get enough of Mr Wolff ! Never
@liaosoriomachado5710
@liaosoriomachado5710 11 сағат бұрын
Wolff explains honestly and clearly what is happenning in The world today. Thank you.
@seniorsleepcare136
@seniorsleepcare136 Күн бұрын
Thank you Prof Wolf.
@paulsherman51
@paulsherman51 Күн бұрын
Also, the strike and boycott of Marriott, Hilton and Hyatt where in S.F. workers with Unite Here! Local 2 rise up to proposed rollback of medical benefit coverage for their long-time employees and their families.
@paulsherman51
@paulsherman51 Күн бұрын
Use fairhotel, d o t, o r g when selecting accomdation anywhere across the country
@darrellfennell-j5r
@darrellfennell-j5r 22 сағат бұрын
You didn't point out that the us has been stealing Syrian oil and supported the head choppers
@VictorTasTimpieces
@VictorTasTimpieces 12 сағат бұрын
Thanks Darrell for pointing that out! Yeah, the US has been stealing oil, grain and has imposed sanctions on the Syrians! The Biden administration is pure evil!
@Dragon-gl1rw
@Dragon-gl1rw 22 сағат бұрын
Great economic update! 💪💪💪
@samsayedzada6293
@samsayedzada6293 Күн бұрын
Corporation, and filthy rich, should pay tax, like every hardworking American…
@paulsherman51
@paulsherman51 Күн бұрын
As corporations have been granted ability to control electoral politocs through campaign contributions (i.e., by Citizens United) so should they be liable for generous and progressive taxes: the more they make, the more they pay.
@frederickfred2714
@frederickfred2714 23 сағат бұрын
There should be no income tax at any income level..accumulated wealth should be taxed and those activities that the community would liked to discourage should also be taxed but not at a level that encourages crime to profit..
@Nemesisnxt
@Nemesisnxt 23 сағат бұрын
@@frederickfred2714How do you determine one’s wealth?
@dariolinan3029
@dariolinan3029 21 сағат бұрын
@@NemesisnxtBy counting their assets and liabilities
@Lia-hd7rh
@Lia-hd7rh 21 сағат бұрын
@@frederickfred2714what’s crazy is they tax your income and then that money is taxed again everywhere else you use it. Lately I noticed when I try to withdraw from the bank they even ask me where did I get those funds and what will I be doing with them. Uhh it’s my already taxed paycheck and I’ll spend it somewhere it’ll be taxed again. But what’s with the invasive questions.
@800_k_7
@800_k_7 20 сағат бұрын
The fact of the matter is that Prof. Richard Wolff know how to interpret the hard reality the world is facing and how the war in Ukraine is changing the power struggle between superpower. Thank you Mr. Richard Wolff for your continue efforts to explain and share your thoughts. God bless you sir. God have mercy 🙏
@danielhutchinson6604
@danielhutchinson6604 10 сағат бұрын
The War in the Donbas, began in 1950 when the Spooks began to introduce former German Soldiers into Ukraine. After the understanding that Russia does not allow any amount of bribe or threats to buy a controlling interest in Russian Resources, the schedule was moved up a bit. The G-7 Nations were not quite prepared for the failure of the Mercenary and Azov Army to overcome the Russian Heritage citizens of the Eastern European region to capitulate. The G-7 Nations now view the failure of their Currencies to purchase resources to continue their lifestyle. They are desperately attempting to assert themselves in the regions where Gunboat Diplomacy can be employed. The Black Sea appears to have some apparent restrictions that are inconvenient for the application of Naval Forces to penetrate? The cost of financing the unlimited supply of Weapons and Ammunition, has exceeded the supply of resources available to the G-7 Nations. The crashing sound that will soon be heard on Wall Street, as the understanding that around 75% of available resources are located inside the BRICS Walls that now seem to ask for fair prices for their Goods, should be making an appearance soon?
@isatousarr7044
@isatousarr7044 19 сағат бұрын
Class struggles worldwide continue to shape economic realities, exposing deepening inequalities between the elite and the working class. While wealth concentrates in the hands of a few, workers face stagnant wages, exploitative conditions, and rising costs of living. The struggle for economic justice is universal whether it’s access to fair wages, healthcare, or education. Systems designed to uphold privilege must be challenged to ensure that economies serve everyone, not just a powerful minority. Real progress lies in prioritizing equity, empowering workers, and dismantling structures that perpetuate poverty and exploitation.
@danielhutchinson6604
@danielhutchinson6604 10 сағат бұрын
The belief that Capital can define Value is the issue that needs to be discussed.
@avtarsingh8948
@avtarsingh8948 19 сағат бұрын
Brilliant! Thank You, Sir.
@LightWeaver
@LightWeaver 20 сағат бұрын
It's always been about class struggle, but the owner class does everything they can to convince the workers otherwise. Thank you for another insightful update, professor. I always look forward to listening and learning from you every week. Be well.
@BettysCloset
@BettysCloset 19 сағат бұрын
Well said
@danielhutchinson6604
@danielhutchinson6604 10 сағат бұрын
"Owner Class" seems to define people who seem to have a large amount of Currency. "Workers" seems to define those who have no disposable income. So if we dispense with the Currency that appears to have lost all support in the last 20 years, we lose the definition of "Class"......................Right?
@mattshriner4897
@mattshriner4897 9 сағат бұрын
​@@danielhutchinson6604 No. Class, as the professor is describing it, has to do with a person's relationship with production. Eg. Some people provide labor to enable production of goods and services, others benefit from the surplus of that production.
@antiwarhawk
@antiwarhawk 15 сағат бұрын
Amazing work as usual Professor.
@MohammedKarimzai
@MohammedKarimzai 23 сағат бұрын
Americans must take the matter under their control otherwise corruption is becoming very high against them.
@danielhutchinson6604
@danielhutchinson6604 10 сағат бұрын
Americans will do what they are told.
@piku5637
@piku5637 Күн бұрын
Free Luigi! Mama Mia!🍄
@luisdavidllense2293
@luisdavidllense2293 8 сағат бұрын
Holy Ravioli! Luigi is our hero!
@justinsullivan1285
@justinsullivan1285 Күн бұрын
Another superb lesson from professor Wolff.
@jgalt308
@jgalt308 4 сағат бұрын
What's the lesson?
@carlonkhan2905
@carlonkhan2905 21 сағат бұрын
I've been listening to you for a long time no a few years well you taught me a lot about life and what's life is like what to expect out of life so it teach me how to do better things in life I just want to tell your thanks very much and continue a good work
@faizalmacho8960
@faizalmacho8960 23 сағат бұрын
LOVE WHAT PROFESSOR SHARED 👍👍👍👍
@NanayPabalate
@NanayPabalate 14 сағат бұрын
Been a fan of yours for some time
@lindaollie
@lindaollie 9 сағат бұрын
❤❤THANK YOU Richard for keeping it real.
@paulsherman51
@paulsherman51 3 сағат бұрын
#RealRichardWolff
@mukeshsharma-iq8dp
@mukeshsharma-iq8dp 18 сағат бұрын
Prof Wolff, you are 100% correct!!👍🏻
@abelnoowe5918
@abelnoowe5918 21 сағат бұрын
Watching from Uganda as always ❤
@hellacooook
@hellacooook Күн бұрын
Thanks Wolff
@dvgadd
@dvgadd 3 сағат бұрын
Thanks for honest reportage.
@shamirizalabdullah6801
@shamirizalabdullah6801 12 сағат бұрын
Thankyou Prof Wolff. From Saudi.
@christinecoghill2679
@christinecoghill2679 3 сағат бұрын
Thank you. So clearly explained and up to date.
@nipichinook
@nipichinook Күн бұрын
delay deny depose
@tobaidi
@tobaidi 22 сағат бұрын
Exceptional analysis prof. I have hope that the economic system has finally started to shift when I see someone like your self who worked with the prestigious universities of Standford and Yale is talking about the existing systems failure!
@ianwilson5358
@ianwilson5358 19 сағат бұрын
Thank you for covering the New Seasons Labor Union-NSLU! 🎉🎉🎉
@JuanCarlosbarquero-f3e
@JuanCarlosbarquero-f3e Күн бұрын
Because of a loophole in SK labor law, workers can be forced to 90 hr per week (Chosun "'90 hours per week' S Korean labor sector emphasizes unrealistic examples" 1 Dec 24) An appendectomy takes 1hr. To have gall stones removed takes 1hr and 45 min. But your insurance covers how much anaesthesia? Thank you, Dr Wolff
@jaypie8
@jaypie8 21 сағат бұрын
Mr Wolf i see you everywhere yet I don't know where to follow you at....Hint hint...I'm glad I found you
@SchkuenteQoostewin
@SchkuenteQoostewin 8 сағат бұрын
Le Revolution, United States!
@concerned_2023
@concerned_2023 21 сағат бұрын
All of what we're seeing is about the destruction of competitors and the seizure of wealthy minerals
@mikeryan8099
@mikeryan8099 20 сағат бұрын
Every corporate manta, Socialize expenses, privatize profits.
@lesmar234
@lesmar234 8 сағат бұрын
OUTSTANDING! THANK YOU MR. WOLF.
@AnAngelineer
@AnAngelineer 18 сағат бұрын
By piloting globalization and most of the means of communication, America has basically transferred all of its problems to the whole world. ...Thanks, America.
@danielhutchinson6604
@danielhutchinson6604 10 сағат бұрын
The ability to operate a World Empire costs a lot.
@jaysphilosophy1951
@jaysphilosophy1951 Күн бұрын
Tax what and who? The majority of Americans don't have anything to tax....
@OptimusPrime-x9x
@OptimusPrime-x9x Күн бұрын
Inflation the invisible tax
@bubbastill2040
@bubbastill2040 23 сағат бұрын
Reminds me of the old Geezinslaw song "I Wish I Had A Job To Shove"
@joshanderson7358
@joshanderson7358 11 сағат бұрын
Thank you Professor Wolff. 🙏👏👍💯🌹🔊
@CrazyTimelikeYouTube
@CrazyTimelikeYouTube 20 сағат бұрын
Blue Shield has made me wander from doctors to doctors, from hospital to hospital, from Pharmacy to pharmacy trying to cut costs within a year difference. I am going to try another insurance to know if there is any difference between them.
@danielhutchinson6604
@danielhutchinson6604 10 сағат бұрын
Look at the financing they have available. It indicates how much they are capable of sharing. The US system of Capital is fading fast.
@mauriziomoretti5392
@mauriziomoretti5392 7 сағат бұрын
The anesthesiologist is not just administering anesthesia to the patient. She’s also responsible of the patient overall conditions, she’s the one telling the surgeon when to carry on a when to stop, in contrast to the narrative proposed in the movies and tv series, she’s the actual boss of the operation room. She’s also the one who decides beforehand if a patient is fit for the surgery procedure. On top of that, at least in Europe she’s the responsible of the Intensive Care (ICU), she’s the specialist in “resuscitation”, in managing the artificially induced coma. Anesthesiology is one of the highest intensity medical branches. Anesthesiologists were those at the frontline (together with nurses, infectivologists and ER specialists) of the pandemic emergency.
@henriquebayma817
@henriquebayma817 21 сағат бұрын
Great comments Prof!
@BlomeEndresen
@BlomeEndresen 10 сағат бұрын
I'm 67 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@cathNguyen-m8o
@cathNguyen-m8o 10 сағат бұрын
I hear you, and it's certainly a tough period for many. It must be incredibly challenging to see your hard-earned savings slowly dwindle with the rising cost of living. It's difficult to not feel disheartened and discouraged. I definitely agree that the current events and economic situation can feel like a crooked system, especially after you've worked so hard for so long. The most important thing now is that you're not alone in this.
@cathNguyen-m8o
@cathNguyen-m8o 9 сағат бұрын
Many are going through the same thing and there's strength in unity and mutual support. It might be worth considering speaking to a financial adviser to help navigate this tricky time if not already doing so. They can provide tailored advice for your situation.
@BlomeEndresen
@BlomeEndresen 8 сағат бұрын
@@cathNguyen-m8o This is very thoughtful of you. Thanks a bunch! I have had not so good experiences working with financial advisors. Could you recommend while I do my personal researches.
@cathNguyen-m8o
@cathNguyen-m8o 8 сағат бұрын
@@BlomeEndresen I’ll recommend Sophie Kathryn Jones, well seasoned and most importantly, she’s a SEC and FINRA licensed expert.
@cathNguyen-m8o
@cathNguyen-m8o 8 сағат бұрын
@@BlomeEndresen She takes the time to understand her clients' long-term objectives, whether it's saving for retirement, funding a child's education, growing wealth for future generations, or diversifying 401k and IRA. She works closely with her clients to help them diversify their portfolios, reducing the risk of significant losses in any one asset class.
@Aviator61972
@Aviator61972 10 сағат бұрын
Extremely thorough analysis.
@chestyp0311
@chestyp0311 6 сағат бұрын
Love the intro music, I feel like I’m about to watch a street fight on World Star😂
@patricialongo5870
@patricialongo5870 3 сағат бұрын
The aggressive, violent and anti social American working class made my solidarity with workers a thing of the past.
@paulsherman51
@paulsherman51 3 сағат бұрын
the only thing anti-social is workers' use of anti-social digital social media, like FB IG TT X etc., but there is little choice and alternative now to get messages across. Need to work on that. Workers, amd everyone else, need to detox from the smartphone.
@patricialongo5870
@patricialongo5870 3 сағат бұрын
@paulsherman51 workers build the weapons used by Israel. That's what I meant by anti social. They're all just conservative.
@lukeyboy1589
@lukeyboy1589 6 сағат бұрын
A double whammy on the German energy economy is the fact that they cut their nuclear energy program as well. The economic stress from the ban on russian oil could’ve been much negated had that not happened.
@ellentewkesbury5936
@ellentewkesbury5936 12 сағат бұрын
Such a wonderful speaker. The very best. Economics - a puzzling subject for me - made absolutely clear and relevant to my life here in the UK. Thank you!
@garyjackson1218
@garyjackson1218 6 сағат бұрын
Thank you!
@yveqeshy
@yveqeshy 7 сағат бұрын
We might actually achieve class consciousness globally & can finally do something about it. Covid was a pivotal point for many of us to see just how different things can be and I hope we pick up the pace in changing how society functions everywhere
@avSamikkannu
@avSamikkannu 15 сағат бұрын
A very powerful take on the seemingly unconnected developments in the world! Thanks a lot, the esteemed Professor!
@miguelvelasco2097
@miguelvelasco2097 3 сағат бұрын
Richard Wolf, people should be listening to you! The NATO countries may be anything but democracies. South Korea just had an attempt to start in power. Zelenski is a dictator. Sorry that most people love to be fooled.
@AnimalJusticeEmergency
@AnimalJusticeEmergency 12 сағат бұрын
Wonderful❤❤❤
@adtiamzon3663
@adtiamzon3663 15 сағат бұрын
🤫 Thanks for the update on the economic realities of business decision-making. Best wishes and love to all. 💞🕊🌞
@paulkal4909
@paulkal4909 8 сағат бұрын
the tariff to import a car from america to germany is 24% but from germany to usa is 2.5 % MAKE THIS MAKE SENSE!
@jgalt308
@jgalt308 4 сағат бұрын
Stop asking for the details...he doesn't give details...
@AlmaMercer
@AlmaMercer 20 сағат бұрын
Thank you I appreciate that
@josephcoleman3635
@josephcoleman3635 8 сағат бұрын
Insurance companies don't need to squeeze the anesthesiologists. They recover all costs via ruinous malpractice insurance premiums slapped onto every doctor.
@the_only_Tripp
@the_only_Tripp 4 сағат бұрын
😂 Prof Wolff, ❤ but I can't handle your pronunciation of Oregon
@paulsherman51
@paulsherman51 3 сағат бұрын
It's a NY thing. Same way Chicago can't handle that love of cardboard-like neopolitan pizza.
@childofthemosthigh8874
@childofthemosthigh8874 19 сағат бұрын
Hi Richard, There is another prong to this. When the benefit provider - UHC, BCBS, or Aetna, etc have paid medical benefits they will submit a lien letter if a suit is filed by the patient against the physician or hospital and they request that a portion of the benefits they were paid out be reimbursed. So, in essence, not only are they collecting premiums but also being paid back a portion of whatever medical benefits were paid for the treatment or services the patient was provided.
@gauravpawar7146
@gauravpawar7146 19 сағат бұрын
Whatever has the nature of arising has the nature of ceasing.
@BlackLibertarian
@BlackLibertarian 21 сағат бұрын
This is why Trump got booed and laughed at when he went to the Libertarian Party convention and said that he's a libertarian. 😂
@gamerknown
@gamerknown 14 сағат бұрын
Chomsky: "Anarchism is used for a very wide range of actions, tendencies, beliefs, and so on. There’s no settled definition of it. Those who use the term should be indicating clearly, as clearly as you can, what element in this range you’re talking about. I’ve tried to do that. Others do it. You know, anarcho-syndicalism, communitarian anarchism, anarchy in the sense of let’s get rid of everything, the old kind of primitive anarchism, many different types. And you’re not going to find a definition. Libertarianism has a special meaning predominantly in the United States. In the United States, it means dedication to extreme forms of tyranny. They don’t call it that, but it’s basically corporate tyranny, meaning tyranny by unaccountable private concentrations of power, the worst kind of tyranny you can imagine. It picks up from the libertarian tradition one element, namely opposition to state power. But it leaves open all other forms of - and in fact favors - other forms of coercion and domination. So it’s radically opposed to the libertarian tradition, which was opposed to the master-servant relation." I guess it's enantiodromia.
@BlackLibertarian
@BlackLibertarian 8 сағат бұрын
@@gamerknown I've read that quote from Gnome Chompsky before. He is dead wrong about libertarianism, at least the way the word is currently used in the United States: Libertarianism is based on 3 principles: 1) The non-initiation of force. Sometimes called the Non-Aggression Principle (NAP). The initiation of physical force from one person to another, or the threat thereof, is immoral. The only morally permissible use of force is RETALIATORY force. (i.e. self defense) 2) Respect for property rights. You own yourself, and you own the effects of your actions. "Ownership", in this context, means "the state of having exclusive decision-making rights over something". And property is "anything that is owned". This means that theft, fraud, slavery, etc. are all immoral. You have the right to use your property however you choose, as long as such usage doesn't violate the 1st principle. 3) Freedom of association. You have the right to enter (or not enter) any consensual interaction or relationship that you like, as long as such interaction doesn't violate the 1st or 2nd principles. This means that the Gnome's statement that libertarianism is dedicated to unaccountable power is the EXACT OPPOSITE of what I just described. We believe that every person is equally morally accountable with respect to these 3 things. We also believe that the only way to achieve accountability is to either reduce (or completely eliminate) the state, because the state will NEVER be accountable. Allow me to give an example: You and I have an agreement that you will buy an iPad from me for $500. So, you give me the $500, but I DON'T give you the iPad. Instead, I just laugh at you and I run away with your money. In that situation, I have a moral obligation to either give you what I promised, or give you back the money. If I don't do either one of those, I am a THEIF and I deserve to go TO JAIL. Beside that, you can sue me, garnish my wages, and other things. All these things serve to hold me ACCOUNTABLE. OK, so then a politician comes up and says "give me your tax money, and I promise to do XYZ". So, you give him your tax money, and he makes ABSOLUTELY NO ATTEMPT to do what he promised. In that situation, he has a moral obligation to either give you what he promised, or give you back your tax money. If he doesn't do either one of these, he is a THEIF and he deserves to go TO JAIL. But wait a minute! Politicians never go to jail for stealing your money! Maybe I can sue the politician? Nope! I can't do that because he's above the law. Or perhaps I can garnish his wages? I can't do that, either. There is ABSOLUTELY NOTHING I can do to force him to give me my money back that he stole. This is because the state has a monopoly on law. If it ever does anything evil, it can simply declare its own actions to be legal. Maybe I can refuse to give him my tax money in the first place? HAHAHA! I don't have the right to do that, and I will get put in jail for not letting him steal my money. This is the difference between the state and the free market: The state is unaccountable because it has the legal right to FORCE me to give up my money, and will put me in jail if I refuse. McDonald's has no such right. In fact, I have the right to completely ignore McDonald's and act like they don't even exist. This means that McDonald's actually needs to CARE about whether I have a good experience there, because I have the right to refuse to support them. Conversely, If the state wants to take my money and use it to bail out Exxon-Mobil, I don't have the right to say "no".
@gamerknown
@gamerknown 33 минут бұрын
@@BlackLibertarian and if McDonalds buys all the roads surrounding your house, what right do you have? It's thief for what it's worth.
@deonrichards841
@deonrichards841 4 сағат бұрын
So appreciative of your insights Mr Wolff ,it has given me a much clearer perspective on all things Geo political, As a South African , I have seen the trend ,the shift to a classist society after having adopted the western capitalist approach
@60zodiak69
@60zodiak69 5 сағат бұрын
Richard your a Great human... wish you the best... And my best to Michael Hudson!
@Noneyo-Bidness
@Noneyo-Bidness 12 сағат бұрын
How the hell do I watch international alternative news, and I haven't heard about a massive strike at "Hitlerwagon".
@Darthtribe
@Darthtribe 13 сағат бұрын
Facts..
@corruptauthor
@corruptauthor 21 сағат бұрын
I would love to hear his opinion on Italy attempting to join BRICs
@ronstephen-wy4ib
@ronstephen-wy4ib 19 сағат бұрын
Send an email. They don't even read yt comments.
@GlobalDrifter1000
@GlobalDrifter1000 18 сағат бұрын
You screw in the strawberry patch you get your ass in the jam
@joseluisaguilaralonzo6374
@joseluisaguilaralonzo6374 2 сағат бұрын
RICHRD D. WOLFF🎉🎉🎉🎉🎉🎉🎉🎉🎉GREAT JOURNALIST. 🎉🎉🎉🎉🎉BILLIONS OF CHRISTMAS 2024 AND BLESSINGS
@BuddyDog9267
@BuddyDog9267 18 сағат бұрын
I betcha Anthems CEO is sleeping woth 1 eye open these days. SOB! 😂😂😂🎉🎉
17 сағат бұрын
And the UHG overall CEO.
@mnm2007
@mnm2007 Күн бұрын
Where do i order a signed copy of your latest book ?. Thank you
@petercasey6938
@petercasey6938 11 сағат бұрын
Tariffs are nothing less than tribute from vassal states to the new caesar
@paulmatolsy4593
@paulmatolsy4593 5 сағат бұрын
Thank you Professor Wolff for your erudite video.🤔
@OptimusPrime-x9x
@OptimusPrime-x9x Күн бұрын
Volkswagen? Over invested in combustion engine cars. They’re getting beat by cheap EVs from China
@Nemesisnxt
@Nemesisnxt 23 сағат бұрын
Toyota is doing great and has largely stayed out of the EV market. 🤔
@bubbastill2040
@bubbastill2040 23 сағат бұрын
As a former owner of both a classic Beetle and Bus,VW is a sentimental favorite,but the reason those classics were popular and high quality was, back then,VW was an innovator.They've stopped that,and now they're getting trounced
@OptimusPrime-x9x
@OptimusPrime-x9x 22 сағат бұрын
@ Being highly successful with combustion engines, that’s where they and others invested. It’s like a company selling CDs then downloading music online came along. In the case of China, 40 years ago only government officials had cars so they weren’t as invested.
@OptimusPrime-x9x
@OptimusPrime-x9x 22 сағат бұрын
@ They’re big on hybrids? If they haven’t invested in infrastructure well it makes sense. It’s really about cost not so much switching to switch. I sure if a person in Japan can buy a $11,000 car instead of a more expensive vehicle, they’ll pick the cheaper car if it’s to save money. Gas is expensive as hell in Europe so they’re pushed towards cheap EVs. EVs simply provide a cheaper alternative and somehow it’s seen as a bad thing.
@albertplumer
@albertplumer 19 сағат бұрын
​@@OptimusPrime-x9xand ev requires electric charge, will all taxpayers for the increase need by financing building plant to create electricity, or and the roads will be paid by who, the taxpayers! O well the wealthy stay wealthy by being supported by the taxpayers, who may not use evs.
@loyceschoices8658
@loyceschoices8658 20 сағат бұрын
Workers can unionize or quit and start their own companies
@Gfc22
@Gfc22 11 сағат бұрын
Updates. In France the president Macron has appointed yet another of his own cronies as prime minister. A choice no one supports and will inevitably fail again. Macron refuses to resign. In Germany the government had also now collapsed after a parliament vote of no confidence.
@boknows3841
@boknows3841 7 сағат бұрын
You get a job and the employer tells you that you must join the union. You join the union, they charge you union dues from day one. The day before 90 days the employer decides they are going to lay you off. You go to the union steward. They tell you , they don't know you. You officially don't belong to the union until after 90 days of employment. Not 90 calendar days. So the employer gets all their shit work done cheap. Things that the regular employee deemed too hard or too dangerous, and if you got hurt , they even screwed me out of workman's compensation. And when you do a good job and feel you deserve a raise, they tell you that you are working under contract and everyone gets the same amount of money regardless of how hard they work or how much they produce. Now you tell me what is the incentive to work hard and succeed when no one you work with cares about their job or take pride in doing it well.. The union ruined the country. They have no incentive to create a better workforce or reward a person that does a good job and it protects the employer because now they don't have to bargain with each employee on a individual basis. The only thing it does is protects the gold brick who violates the rules and it gives them a second chance not a get fired when a non productive worker who is not in the buddy club would have been fired a long time ago. Follow the money. The union president, the person who represents you, doesn't pay union dues and he or she is the one who signed the contract for you and they usually earn more money than you. Raises and bonuses for signing the contract and paid Time off for attendance in union meeting and conventions.
@paulsherman51
@paulsherman51 5 сағат бұрын
Very interesting. Reads like a folk song. I commend your perspective and strongly urge you to put it to music! Extra credit with acoustic guitar and harmonica!
@paulsherman51
@paulsherman51 5 сағат бұрын
(and I mean this with all sincerity and comradeship, brother. solidarity!)
@AliciaHicks-wm6mb
@AliciaHicks-wm6mb 19 сағат бұрын
Hospitals and doctors are too expensive too.
@myutube4realz
@myutube4realz 18 сағат бұрын
No, they’re actually not. You just don’t see the real prices because of insurance companies.
@jaimecastrom7521
@jaimecastrom7521 4 сағат бұрын
I love this program
@The_War_Report
@The_War_Report 16 сағат бұрын
Globally situation deteriorating every day. Goodbye civilized world.
@timewaitsfornosl_vê
@timewaitsfornosl_vê 3 сағат бұрын
It's time to learn algiculture, lol... i forgot billionaires brought all the land -sigh- lol. Hmm.... i wonder what they were preparing for?
@TacticalMayo
@TacticalMayo 2 сағат бұрын
I absolutely agree with him this time.
@lewstherintelamon1377
@lewstherintelamon1377 5 сағат бұрын
The thing about protectionist tariff policy is that there have to be domestic industries to protect. How much is still produced in the United States? And I mean fully made in the United States--that is, made with domestically produced components and materials. . .
@kingviciousproductions
@kingviciousproductions Күн бұрын
If Americans are outsourcing jobs from other countries & having the goods sent back to America to be sold there should be a tariff on those goods because it wasn't "Made in America" & if the company doesn't decide to move their manufacturing back to America & provide a decent wage to their workers their product needs to be taxed out of existence. Because that's a nasty loophole that Other countries that allow slave labor to benefit from unregulated workplaces that are located outside America. Which is not right regardless 🤷🏾‍♂️
@meagain-y8e
@meagain-y8e Күн бұрын
You still are the slaves in the good 'ol US of A
@sofiaalonzo807
@sofiaalonzo807 Күн бұрын
Good point
@danielhutchinson6604
@danielhutchinson6604 Күн бұрын
As US Currency loses support, and the Money buys less every day, the ability to afford a House to live in becomes more expensive. Taxing the fixtures and interior elements that now arrive at Ports in the USA every day, will make those Homes even harder to afford. "They didn't think it through." .....................Conrad Breen
@pierred.3171
@pierred.3171 Күн бұрын
Yes but taxing all foreign product is not a solution..as even if jobs comeback it will not be cheaper to make in usa..or western world..ie if you think an iPhone for example is expensive now..imagine it made in usa by people making 30$ per hour.. ? Or construction price rising when usa cant import canadian lumber ? real issue is not to stop globalization but to make corporations pay fair share of taxes and actually pay people more out of the billions of profits they make. There is enough $ to go around just need to be split properly not hoarded at the top!
@kingviciousproductions
@kingviciousproductions Күн бұрын
@danielhutchinson6604 That's the great thing about capitalism. As the free market corrects it will crash the businesses that are over leverage with debt (if govt doesn't choose to save them) then you have deflation when other businesses see that no govt intervention is otw then they will adjust their prices down to be more competitive & that will have ripple effects in all other industries that support this industry. Govt intervention & spending is what causes inflation. Therefore, allowing the market to correct somewhat like 2008 will eventually bring housing prices down. Especially if we follow thru with the illegal immigration plan. Trust if wasn't for 2008 I wouldn't be a homeowner @ the age of 24 like I did.
@SOLAOFHADES
@SOLAOFHADES 16 сағат бұрын
I looked at goverments debt and ceo pay rise the result was very interesting.
@bma1955alimarber
@bma1955alimarber 21 сағат бұрын
تعليق على سقوط النظام السياسي في سوريا الآن: 《إن ما يقع الآن من أحداث في الشرق الأوسط و خاصة منذ 1947بعد خروج متسرع من الاستعمار البريطاني من فلسطين، الذي أعقبه تقسيم أممي لفلسطين و إنشاء دولة إسرائيل التي لم تكن معالم اتجاهها الإيديولوجي واضح نتيجة إقحام أمريكا في الصراع الإسرائيلي العربي الفلسطيني رغبة منها في الهيمنة الإقتصادية على المنطقة الغنية بالنفط، تم الثورة الإيرانية الذي أدى إلى قيام دولة إسلامية شيعية هناك. و بالتالي إلى تنافس بل صراع مذهبي بين السنة بزعامة السعودية، من جهة، و الشيعة بزعامة إيران، من جهة ثانية، إلى نوع من الحرب الدينية، أججتها سياسة تدخل الدولة الإسرائيلية التي أصبحت ذات توجه صهيوني ديني منذ مطلع القرن الواحد و العشرين، في ذلك التنافس الذي أصبح نزاع مسلح مذهبي ديني، تجسد أثناء الحرب العراقية- الإيرانية (1980-1988). إسرائيل و من خلفها أمريكا تنتج حاليا منذ 2005، أي بعد حادث الحادي عشر من شتنبر الهجوم على نيويورك سنة2001، سياسة "فرق تسود"، خلقةالبلبلة و النزاعات بين مختلف الطوائف و المذاهب و التيارات السياسية حتى بين الفلسطينيين أنفسهم، مثل منظمة و فتح، و منظمة حماس، من أجل اكتساب السلطة السياسية. و ها نحن الآن نعاين التدخلات القوى الخارجية بعد انهيار النظام السياسي في سوريا يوم 08.12.2024》 م. علي برادة مراكش، 17.12.2024
@MichelleSantore
@MichelleSantore 3 сағат бұрын
Thanks for the analysis! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
@roseannedrysdale2199
@roseannedrysdale2199 6 сағат бұрын
Instead of listening to pundits on the networks Americans would learn so much more by tuning in to Mr Wolff..but unfortunately their downfall will be due to their own ignorance and apathy
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