Economic Update: The Socialism Issue

[@liviahollmayer4981]

What great professor Mr. Wolf !!! Eloquent , knowledgeable, polite and respectful , helpful, accessible, and caring , inspiring and engaging.

[@Smittumi]

Thanks for touching on issues here in the UK. Our failure to face up to the true position is incredibly damaging.

[@michaeldavis8103]

Perhaps, but historically you will still do better than the USA... We still have the commonwealth, at least an alliance of nations. The USA has only enemies. I say this as an Aussie...

[@Jay...777]

Damaging for the people of the UK that's for sure. For a hundred years and more, the UK was always a short term financial trickster. As the Empire faded the establishment decided to make The City the centre of Britain's Second Empire based on dirty money flows through their last remaining bits of Empire, like the Cayman Islands. Now British politics only serves The City Laundromat. Brexit was done to block EU financial regulations for The City. Everything is a rich mans trick.

[@jgalt308]

@@michaeldavis8103 So are you gonna give back those submarines????

[@mikehayne538]

Even in United States not knowing much when British said they were going to leave European Union, it sounded like a weird idea!

[@Gunni1972]

@@jgalt308 None has been delivered yet. Do you think they grow on trees?

[@Tom-Travels]

I got my $7.25/hour pay check from Dollar Tree. It was 2 hours short. "Hey, what's this?!?" I cried to my boss. He said, "You were 5 minutes late on two different days. If you are late 5 minutes, you don't get paid for the entire hour." So, that means I spent 110 minutes hand unloading a corporate semi truck for nothing. Oh, my aching back.

[@cbrindle91]

Bruh the fuck!? "5 minutes late, you loose the whole hour" is a fuckin lie. Thats corporate time theft and it is illegal.

[@marygard4608]

If you are already late and you don't get paid for the hour anyway, why not just run personal errands or something, and go in on time for the next hour?

[@rogersmith7396]

My response would be then I won't show up at all. They are the ones who can't get employees. Those jobs are a dime a dozen.

[@laserbrain7774]

Hopefully your rent is like $400/mo or less.

[@ancomarzio8190]

in a word: global capitalism

[@wooyyeah]

That second half explaining Socialism is the best by far explanation of the historical and factual understanding of how civilisation has progressed throughout the 19th and 20th century.

[@robertbalanchi537]

I appreciate Your knowledge, honesty and decency Dr. Wolff.

[@ccpj0eyb319]

🤣😂🐑📺🐑📺🐑🐑📺📺🇨🇳🇨🇳🇨🇳🇨🇳

[@Grumpy-Pants]

Thanks for doing these videos, Professor Wolff. I look forward to watching them every week!

[@foodparadise5792]

I am in my 20s. I am honored to witness the decline of capitalism.

[@laurajames7809]

Now, Honestly, This has to be the most positive Point of view I have ever heard. I am 53. I have watched the decline my whole life. The novelty wears off. There will come a point where you will say to yourself that further amazement is futile. I really like your attitude

[@l.w.paradis2108]

@@laurajames7809 What a great comment!

[@l.w.paradis2108]

I admire your spirit. It is inevitable, but it will not be pretty.

[@marygard4608]

May the Fates protect you as you move into a brave new future.

[@ishtlutz1261]

I actually didn’t realize we were watching the decline of capitalism… I was kind of under the impression that we were watching the decline of our nation… due to the over-abundance of capitalism. But hey what do I know.

[@josephshatrowsky]

Richard wolff, I’ve watched many of your explanations of socialism and I think this best articulates your world view. It’s an awesome clip I will show to anyone who is confused about socialism. Thank you.

[@jgalt308]

So you are going to present evidence to those who are confused about socialism, by someone who is obviously confused about socialism? And in the same presentation attempts to claim that because a german Party, using "socialism" in its name won an election is proof that "socialism" is gaining in popularity...when he has no idea which version of socialism they represent, if any. Worse, that "socialism" ( undefined ) is an alternative to "capitalism"...when he has never known what capitalism is...and still doesn't.

[@vg7985]

Lol, Galt. So you're carrying name of imaginary character from fictional book and criticizing someone who's studying real history? Ayn Rand never wrote anything except fairy tales, but some people believe that they explain society.

[@foodparadise5792]

Richard Wolff and Noam Chomsky were my number 1, until I learned about Michael Parenti, LOL.

[@jgalt308]

@@vg7985 well the actual name is stated in the book, which by being fiction is in fact "imagined" and in this case a cross between science fiction and alternative history. Fairy tales would also be fiction...and it certainly is not what people rely on to "explain society"...or her philosophy and the reasoning pertaining to it. So thanks for sharing your irrelevant ignorance and fallacies...which are a non sequitur to what has been written.

[@foodparadise5792]

@@vg7985 People lose credibly when they hurl insults, don't waste your time.

[@johnstefan2840]

I am not English man but Asian and my English is limited but I love listening and following his reviewing and opinion. To me his English is easy to follow and I can understand, love it.

[@ants_in_my_eyes_Wilson]

Thank you so much for this video. It confirmed a lot of my suspicions about the ignorance of drawing black and white borders around socialism and capitalism. As we like to do here in the states at least.

[@tanujSE]

Red salute to Professor Richard Wolff

[@anhedonic-voting]

Thank you 🌎 ✊️ 🌹 🗽

[@melaniel.s8990]

Thank you Prof Wolff for telling it like it really is, instead of saying the economy is booming... Not .

[@sreide1]

Thanks Professor. That's an excellent explanation of the different types of socialism.

[@joeows6537]

The beauty of this discussion and others that professor wolf has had over the last decade is that it starts a discussion something almost unheard of today. Regardless of your political social economic or religious views we all have a voice and we all should be in this discussion. Thank you Dr Wolff. -Occupy All Streets

[@jgalt308]

There is no discussion taking place here nor is there any interest in such a discussion... since the entire point of the followers of this "echo chamber" is to eliminate all dissent, because it is dissent and you have no relevant response to it, or the factual evidence that supports it.

[@joeows6537]

@@jgalt308 I do admire the word salad you have been serving for the last few days. You must be a speech writer for some politician eh. The micro you got the macro tell me all about it stud

[@jgalt308]

@@joeows6537 Censorship is your only refuge...and that seems to be catching on here... which is pretty stupid...since the 2500 paying members of this cult...are hardly a threat to "anyone" ...just another insignificant faction, among many more...that will be disposed of when they serve their purpose. ( not that you will ever pose a threat that needs to be disposed of...but I guess you can dream, )

[@joeows6537]

@@jgalt308 The greatest threat to democracy anywhere on this planet is the government of the United States of America I know that you know that and so does the rest of the world. China will sell the United States every inch of rope it will ever need to hang itself. China has a thousand year plan, simple-minded Wall Street banksters are nearly simple-minded day traders. The United States is out of its League. Welcome to late stage colonial capitalism. The United States is a failed nation. Toodaloo

[@jgalt308]

@@joeows6537 I know that the government of the U.S. is "illegitimate" and thus the greatest threat to "its people" because it's "illegitimate" and the rest of the world through its destructive capabilities... and it is your continued ignorance of the first part, that will dispose of you as necessary... or simply watch as the "democratic factions" destroy one another...since you don't actually have a "faction"...and in your case it's just another word whose meaning you don't understand, and don't want to. As for 1000 year plans, you're lucky if you have five...and you may already be dead and don't even know it...and the world might end with a bang, but that is doubtful also...so if you're lucky, and democracy don't get you...you get to watch it end with a whimper. Enjoy!!!!!!

[@kathryntate6809]

No matter how much one may already know, Dr. Wolff you are always a breath of fresh air.

[@n33wom]

Professor Wolff always cuts through the bullshit like soft butter. He is so proficient at outlining how our problems are caused by our political structures. We can do better.

[@spontaneousmixx]

This is, by far, one of your best videos yet, Richard

[@tedwalker1370]

Very good. Now I understand much more about Socialism. Thank you for clearing that up.

[@adamgorelick3714]

Thank you Richard Wolf for your part in dispelling the truly embarrassing misconceptions about socialism held by most Americans - at least of a certain age. What could be more revolutionary in the United States than workers controlling the means of production?

[@dennisyoung4631]

That last part may be a requirement to 1) fix many of the broken parts of the country, and 2) return manufacturing to this country as well - in addition to the more obvious matters of fairness and Justice.

[@siahiongngie642]

Very nicely presented, very informative and easy English to understand! Thank you very much Mr Wolff!

[@gobeyondaj]

Keep going Prof Wolff! Huge fan!! 🐺

[@sherriinolywa]

What a great segment!

[@givenjust6564]

Interesting presentation by Professor Wolff with humour.

[@moniqueboyke5879]

Great video professor Richard Wolff

[@สํานักหมื่นราตรี]

Spot on!

[@MrPhotodoc]

Capitalism works great for some. Socialism works great for everyone.

[@mischevious]

Socialism doesn’t work any better than capitalism. Both require civilization which itself requires the exploitation of the living world- human habitat. All civilizations collapse. All do so by destroying their own environment- habitat. Regardless of how they’re run.

[@kenswanston820]

@@mischevious ...but we homo sapiens are so much more clever than those older civilizations...we will find a way!

[@spreston282]

that background works very well for you mr wolff.

[@marygard4608]

This is the kind of content I love-cuts through the bull s--t. Thank you, Proff.Wolff, I love your daughter's presentations as well.

[@benangel3268]

I didn't know his daughter made videos. Do you have a link?

[@jgalt308]

Cutting through the bullshit with more bullshit simply demonstrates that you have a preference for a particular kind of bullshit, and not that you have the ability to discern what is actually bullshit.

[@marygard4608]

@@jgalt308 What gives you your ability to eqivocate upon the quality of bulls--t? Also, can you tell me which bulls--t is bullsh--t and which is simply propaganda?

[@jgalt308]

@@marygard4608 Yes, as your preferred bullshit ( that disseminated every week here ) is demonstrated as such every week here, and today is no exception...simply scroll down to the bottom past all the other comments praising "this bull shit" to find it. oops, you can't as both posts have been deleted...one of them twice, so you may get your wish...and no dissent will be tolerated by this echo chamber...and I can't be bothered to redo the exposing of today's bullshit...but it seems that I shall have to protect every post, from now on...as well as preface it with the "censorship" which seems to work in keeping it from being deleted but we shall see. I'll just redo the other one which I did save and we'll see if that still works...

[@Krooksbane]

@@jgalt308 Do you have an argument? Or are you just going to poo-poo everything?

[@skaz1504]

I especially loved this summary of the different socialisms, and I feel that we are on the cusp of something special here in the United States.

[@srdjanjovicic8118]

I Just love how explain things in layman terms so everyone understands the issues that rich love clouding up because that is the foundation on which Capitalism sits on……Greed and inequality.

[@RobinHerzig]

Best part is the 2nd half where we get what's been + what's being done today in terms of socialism/capitalism + the omission of workplace democracy. As for the 1st part, Prof Wolff always helps me better understand economics overall, a huge topic that I always tend to struggle with.

[@rouzbehalani6936]

Terrific short summary of Socialism.

[@goodnews8203]

Love your content Mr Wolf keep pushing for us common folks well broke folks lol

[@ccpj0eyb319]

He fights for the elites of the colleges he teaches at 🤣😂

[@LONEWOLF..314-S-T-L]

GREAT TALKING POINTS PROFESSOR WOLFF AS USUAL SIR 💪🏾💯👍🏾

[@nasserrasoly6267]

Thank you professor Wolff. I found your talks very interesting since we had both soicialist and capitalist governments in Afghanistan. The former was backed by Russia in 20th century and the later was backed by the U.S. But none of them I think naturally emerged and evolved in that context.

[@samanwaysanket12345]

socialism in Afghanistan under PDPA was a boon to afghanistan. It will be back. More powerful and more glorious.

[@averayugen1371]

@@samanwaysanket12345 I am an Americcan but free and independent thinking and I PRAY for humanity and justice for your country at last!

[@truthsayer1111]

Thank you so much, Professor Wolff, for your dedication to telling the truth.

[@andrewthurman8836]

Professor Wolff, I agree that the socialism (the 3rd way) would be the best foundation of a future society. The problem I see is, unless borders are gone and the world has finally realized (unfortunately most likely because extreme climate change threatening the survival of all of us) that by working in cooperation we have ample resources to each live (I am going to say different rather than richer because while fuller is more what I mean, I don't know exactly what will be left when our current world, spending obscene wealth on military is finally ended.)

[@Labor_Jones]

*HOW DOES GOODWILL STEAL?* _.... it works this way... 1st you create 2 companies (1 is non-profit)._ *Then the 2nd Company is an AUDIT Company...* _you hire Auditors for $20 bucks an hour_ *.... THEN YOU CHARGE $500 an Hour for the Company! ---> Legal Embezzlement!*

[@Octoberfurst]

I love your analysis of the issues! You sir, are brilliant!

[@GhostOnTheHalfShell]

Our new feudal overlords.

[@rogersmith7396]

Not so new.

[@amilcarfrassi7105]

Don´t forget about Yugoslav case Professor, really nice video by the way. Always interesting and accurate.

[@johnli6782]

Thank you, professor Wolff, for the clear yet full explanation of Socialism.

[@jgalt308]

and all its wonders to behold.

[@pieterv.7158]

I think professor Wolff is a great economist, a responsible public intellectual and a great teacher as well. I salute him from Belgium, a country which politicians are still under the spell of neoliberal dogma despite the many problems this insanity has brought my country. We need someone like Richard Wolff to counter the amazing obsequiousness of Belgian media when it comes to the demands of corporate power.

[@jgalt308]

Nobody else does.

[@Flinkmo]

I believe that people have one of two base line service orientations: service to self and service to others. Capitalism afflicts as a result of service to self. Socialism glows with the potential power of a society practicing service to others. Also, I would very much prefer working in a worker cooperative.

[@pamelastrandquest3276]

At the end of Dubyah''s victory speech in 2004, he chuckled and declared " Now we're going to turn this into a Ownership Society". He wasn't talking about you and me.

[@JoseLopez-ys2oz]

Capitalism breeds inequality, because its goal is the make as much capital as possible for the capitalists. This competition creates a class struggle between the employer and the employee. As the majority of the people experienced that inherent inequality of capitalism, they began to criticize that economic system. Thus, socialism was founded as a criticism and an alternative to capitalism. Socialism is an attempt to better meet the needs of all the people. The majority of United States (US) citizens today are disgusted with the representation that they have received from both the Democratic and the Republican Parties. The people are convinced that the system is broken for them. Socialism may provide that hope that we are looking for. Will US citizens save ourselves, or will we follow the same path that British people took 100 years ago? Let’s see if knowing a little history helps. Common sense dictates changing what doesn’t work!

[@jgalt308]

Life breeds inequality.

[@lastnamefirstname2390]

Definitely getting that book

[@jgalt308]

Why...all of Marx's works are available for free online...that you would require a separate book to understand Marxism would suggest that it was "incoherent" on its own...and if that were true, no amount of explanation would make it "understandable".

[@tenmanX]

@@jgalt308 Boo!

[@jgalt308]

@@tenmanX ✔✔😎😎👍👍

[@janolthof2487]

@@jgalt308 Looks nice, on a bookshelf

[@aptorres01]

Great wrk guys thank you

[@ramonng7054]

You have a way of connecting the dots, and making them easily understood as human speech...it is almost poetic...

[@herbertyoung540]

Insightful, that we should understand history ...

[@kenswanston820]

Herbert Young - but only if you've been taught it and are willing to think about it and, hopefully, understand most of why it happened...to be able to apply it to today's situations.

[@herbertyoung540]

@@kenswanston820 True ...

[@dbarker7794]

The US does have a federal jobs program. It's run by the Defense industry. With a never-ending source of funding.

[@LexiH36]

Exactly this.

[@holleey]

the last kind is the only kind that has a shot at solving the class struggle

[@DonaldAJr]

I shared it with my brother from another mother who is the Ex CEO of the Make-A-Wish Foundation. Granted I sometimes flood him with so much stuff that he can't keep up.

[@TennesseeJed]

I wish I could win. I am livestock on a dying farm

[@marygard4608]

Maybe under a different system, your abilities and knowledge would be used to save the farm.

[@rogersmith7396]

The electric farm of "The Matrix" is the future.

[@KravenTheHaunter]

I really wish Prof. Wolff would discuss would more deeply discuss ideologies like anarchism, libertarian socialism, and anarcho-syndicalism. I think his workplace democracy arguments would hold even more sway if he further connected them to the writings of people like Peter Kropotkin, Emma Goldman, David Graber, or Noam Chomsky. Further still if he more frequently tied in real life successes like the Zapatistas in Southern Mexico or the Murray Bookchin/Abdullah Öcalan inspired communalism of Rojava

[@averayugen1371]

Agreed! Great ideas...

[@Jay...777]

Dickens Oliver Twist - Please Sir, can I have some more?" Capitalist - "MORE!!!" raising his stick to dish out a good bashing. This small scene describes perfectly the dynamic of early Capitalism. When all the little Oliver's got together, Socialism got going.

[@kenswanston820]

...and then the Capitalists got together and put a stop to the little Twists getting together by sowing distrust and isolating them into smaller and smaller groups with encouraging words to promote hate and segregation of THEM.

[@Jay...777]

@@kenswanston820 Yep, divide and rule is how it's done. We now have the most formidable propaganda machine that ever existed to make sure we are all fighting each other - latest = vaxed and anti-vax. Numpties never learn.

[@volta2aire]

*Socialist led countries:* Germany, Portugal, China, Cuba, Bolivia, Chili, Venezuela *Varieties:* 1. public ownership of major enterprises - run by party officials for workers without a vote, 2. worker owned and operated - democratic workplaces run by workers having equal votes, 3. private ownership with public regulation and workers in boardrooms - social democracy. All three coexisting with capitalism to some degree.

[@Guitarpima]

It would appear that feudalism is alive and well in Kalamazoo Michigan. Until you understand that we live in feudalism, and not capitalism, we will have to change the word you say to make sense.

[@ancomarzio8190]

ikr

[@kenswanston820]

Guitarpima - The command and control structure is exactly the same between feudalism and capitalism...a few at the top passing orders down to the serfs/workers. What Prof. Wolff suggests as a 'fix' to Capitalism is to democratize the workplace by giving every worker in a business/company/corporation/enterprise a single vote (of equal weight to everyone else's) on how that entity is run and the profits shared.

[@Guitarpima]

What Richard Wolf is advocating for, even though he does not realize it, is capitalism. Everyone has capital, how much depends upon your skill set.

[@wisconsieee]

Thank you Professor Wolff!!! 🤟🤟🤟❤❤

[@Labor_Jones]

*THE FEES....* it's the same in the *HEALTH CARE INDUSTRY spends $0.80 Cents of every dollar for ADMINISTRATIVE...*. **_*::::: WHY IS THAT IMPORTANT? ::::_* _Basically, they hire for $20 bucks an Admistrative Worker & THEN CHARGE Hospitals & Patients $450 dollars for the Administrative Cost. IT's 2 Business in other words hiding money._

[@jgalt308]

Well that was a bunch of muddled misrepresentation, and all lumped under the "health care industry"...of which the "private part" only constitutes 20% of the total healthcare costs...and they don't "charge" anyone for "anything"... they pay claims or deny them...and they are billed by the rest of the healthcare industry as is Medicare and Medicaid...the limit on administrative costs cited, is set by law, and that is the per cent of every dollar cited that is legally allowed. The numbers as represented suggest a profit margin of 20%. Its actual profit margin was 3.3% on net earnings of 23.4 billion.....which would represent gross revenue of 772.2 billion, for the private insurance portion of actual healthcare costs, which in 1918, was 17.7 percent of GDP, and totaled 3.6 trillion, or $11, 172 per person.......and these "profits" were close to a full 1% higher than 2017. If you subtract the 23.4 billion, you get 3.5766 trillion, or a savings of $73/ person.....so that cost is now $11, 099/person This would be the savings if private insurance were to be completely eliminated. ( of course, the actual costs would increase dramatically if this were to happen. )

[@rogersmith7396]

I suspect its run by the old Mafia. I am an RN.

[@GaryBetterton]

@@jgalt308 Do you feel better now?

[@jgalt308]

@@GaryBetterton Officially having access to the healthcare system would expose you to the third leading cause of death in the U.S. But the truth is more fun, since it is and has been the leading cause of death for some time. ( 1998 ) The system has been set up to make reporting these deaths( and injuries ) as difficult as possible, as revealed by the recent pandemic. Given the facts, this would suggest that the intelligent response would be to avoid it at all costs and educate yourself as to what constitutes maintaining a healthy lifestyle, and this is true regarding most things especially where the government is involved, as this represents a conflict of interest, and given the choice and the power derived from it, the government will serve its own interests, before it serves yours. I don't know what feelings have to do with it. How do you feel?

[@jgalt308]

@@GaryBetterton The powers that be feel that any factual response by me, to you...requires deletion, and maybe this one too.

[@mahshidmirza8176]

I have always enjoyed and learnt a lot from your well researched and articulated analysis of the US political system: the role of the oligarchy, the social injustices that come about under Capitalism..... In the first part of this programme, your example of the state of affairs in Kalamazoo is so well put across in your unique and entertaining style of delivery that I had to stop and share it with the other members of my family. Thank you Prof and long may you and you invaluable service to the public continue.

[@michaelmcgoldrick7909]

A job is something that is supposed to pay the rent but for many it falls short ✌️

[@mischevious]

Rent shouldn’t be more than 30% of your income and wasn’t until the 80’s. In the 70’s it was still possible to buy a home and raise a family comfortably making only minimum wage.

[@mischevious]

@WTFViewer True, depended on where you lived as it does now. I remember my mom renting my childhood home in Lake Tahoe in 1971, a sweet two story, three bedroom with a massive yard for $350mo. I had the two upstairs rooms to myself and the coolest steepest staircase ever that I could toboggan down in my sleeping bag😁 Wages haven’t budged since then.

[@mischevious]

@WTFViewer Oh they do something! They cave with a smile to their corporate overlords by lowering their taxes to decrease our standard of living and flat refuse to raise the minimum wage or do a damn thing for the people.

[@diogo6050]

24:00 Hey, im portuguese and what you say is true, but there is a little detail that is wrong. The three party coalition is betwen the portuguese socialist party (number 1), the "Bloco de esquerda" or left block (number 2) and the portuguese communist party in association with the ecological party (number 3). So, is a coalition of 4 parties, but the communists and the greens run in an association. Unfortunately, there is a new populist far-right party emerging in Portugal, "Chega" or Enough in english, which yesterday became the third strongest power and the left coalition was dissolved because the portuguese socialist party got the majority of votes and doesn't need to associate it self with the rest of the left. Another new party got to the fourth position: "Iniciativa Liberal" or liberal iniciative, which is a party that wants to remove socialism from the country, via reducing taxes and government intervention. In the end, the smaller left parties got eaten by the big one because the population is becoming polarized and afraid of this two new right wing parties that are becoming stronger and stronger.

[@kenswanston820]

Diogo - Could they be funded by pro-Capitalist interests who want to go back to the good old days? Keep them honest brother!

[@homelessgamerxx9982]

I had a job intell the start of the pandemic, I've been unemployed since

[@rosemaryporter5771]

Thank for a brilliant update!

[@marioscubla6558]

Another master piece by the brave Richard Wolff for telling the truth and educating all of us. The viable post capitalist system is by bringing democracy at work place. Everyone should learn about the most successful and biggest democratic corporation the Mondragon worker cooperative in Basque Spain.

[@jeorge1153]

very informative

[@user-em6ie2be7x]

Thank you for Explaining the concept of Socialism. We need everyone to watch this & finally Destigmatize the word.

[@jgalt308]

You mean the many, many concepts of "socialism"??? ultimately leading to "capitalism"? ( but you missed that part of the explanation, huh??? )

[@cosmicmusicreynolds3266]

@@jgalt308 explain

[@jgalt308]

@@cosmicmusicreynolds3266 I already have...elsewhere here. Simply scroll to the bottom of the comments...you can't miss it...actually there will be two posts, although the second one has been deleted...but I will repost it. ( although only the title is mine on that one.)

[@jgalt308]

@@cosmicmusicreynolds3266 correction, it seems the "explanation" was deleted... as was the other post...going for three on that one...so I guess exposing this B.S. must be having an effect. Time will tell...

[@kenswanston820]

@@jgalt308 - Actually the explanation I heard specified that the various types of socialism (Scandinavian, Russian and Chinese were specifically mentioned if I recall correctly) failed to address the issue of Capitalism that results in the most disparity, but eventually (in their various current forms) all three have included (to some degree) it in their processes. Prof. Wolff's suggested solution for Capitalism's (inevitable?) wealth disparity, as I understand it, was to infuse democracy into the structure of every business, company, corporation and enterprise with each person in the entity having a (single) vote on any and everything needing a (major?) decision including what that entity produces, how it produces it, and how the entity's profits and wages are distributed. The most(?) successful example I've heard him refer to is the Spanish Mondragon CO-OP. P.s. Most of your comments here seem to be somewhat negative and/or derisive of anyone with a positive reception to this CO-OP concept. Any particular reason?

[@joandelur4407]

so good video

[@wilmerwalton5089]

Thank you for the enlightenment on the subject of socialism contrasts. Although I'm familiar with the facts, the tapestry and range of implementation wasn't as apparent as you've made it. You're an educator who makes the complex simple without losing meaning, rather than the simple complex, as other educators in the field.

[@RoyMunson10]

The USSR did do your last example I watched a documentary about it which was made during the time and saw the workers voting.

[@josephyoung6749]

such an interesting program, thank you!

[@mcguerd8]

The Kalamazoo story is sad but surprising considering what happened in Mainz Germany. Also vaccine producer Biontech paid over one billion (with B) tax to Mainz local government just last year. Mainz is much bigger than Kalamazoo but 1 billion Euro is said to be an important amount of money for such a bigger town. Interesting?

[@AlejandroBetancourtweb]

Professor Wolff, what do you think will happen in the USA with it's huge military when the economy absolutely fails (depression, debt, inflation, etc) in a country heading for social collapse?

[@antediluvianatheist5262]

Germany in the 20s.

[@cosmicmusicreynolds3266]

yes and it will affect the members of the working families of the shoulders

[@mischevious]

Turn it on us here at home of course! Duh

[@h0ebart]

YOU’RE THE BEST PROF WOLFF

[@davidluckens3479]

thanks,prof wolff.really probative content,as always

[@thetruthandnobs2]

prof Wolff is the best 🎯📸💯🥇✅👏👍🤓🀄📢🌏

[@peayen5008]

Thank you Professor Wolff for explaining so well. I really feel like I understand it now.

[@peterjol]

Even with all the extra work we could do with people doing (like repairing the infrastructure) there could never be any such thing as a shortage of jobs or unemployment if it was simply made financially worthwhile for people to SHARE the jobs we need people to do and work LESS....the problem isn't with any need for creating MORE jobs...the problem is with having about 70% of people doing jobs we really DON'T need and getting them doing the jobs we do need.... but they would almost all soon migrate over to doing the jobs we need if it was made financially worthwhile for people to SHARE them.

[@rogersmith7396]

The increasing scale of big business has destroyed competitors and jobs. Managing this scale and bringing more competition could restore large numbers of jobs. The way we are going will produce 100% monopolies, perhaps highly automated with no one having jobs. Its a race to the bottom.

[@yohinomura2966]

Love it, Prof

[@GratefulHippieChic]

America needs to read/listen [to] more books. May I recommend *"Manufacturing Consent"* by Edward S Herman and Noam Chomsky.

[@tomlucking6552]

He is grossly uninformed about Kalamazoo. Bill Parfet does not live in Kalamazoo and his business interests are elsewhere. Greenleaf could never have paid taxes near the amount of donations. A separate citizens board controls the foundation, and neither donor sits on the board. What the hell you want the wealthy to do with their money? Kalamazoo was in a squeeze because the adjacent City of Portage, which is the entity that collects taxes from Pfizer's manufacturing facilities, including vaccine manufacturing, left a situation in which Kalamazoo had the main nontaxted higher Ed and government services and most of the poverty. The donation is what keeps us from spiraling down, much like the City of Detroit after white flight. Thanks to the donations and other factors, such as another donation that gives our public school graduates free tuition at Michigan colleges, we remain a diverse and vibrant community. I am a Kalamazoo resident grateful for that support

[@jgalt308]

Lies of omission are his stock in trade...selling victimhood is hard work, and there is so much competition.

[@rideyorkshire417]

Mr Wolff, you're a legend Sir. Ever considered stand up? Your comedic irony is not wasted. Comedy/tragedy, it's only a matter of time or distance!

[@elainegoad9777]

Bernie sure needed you on his team to explain socialism to the voters ! trump loves the uneducated and now wonder ! People like you are always excluded from the mainstream information outlets. Prof Wolff, thanks for all you do and all I've learned from yoy !

[@Driftbroski686]

I wonder how many empires will have to go threw these “motions” before we as a species finally learn the lessons of these/this consistent failure of great our great societies. I’m having a harder and harder time believing we will not simply go extinct before then 🤷‍♂️

[@rogersmith7396]

Its called the triumph of style over substance. Its an ingrained human failing. It should be widely recognized not suppressed.

[@soggygrogbottom]

Another shortcoming of humanity is being unable to consider the solutions to problems that require more than a single lifetime to address and solve.

[@marygard4608]

@@mischevious You are right that socialism can be damaging to the environment, but it simply cannot compare to the waste and destruction of corporate capitalism.

[@jgalt308]

@@mischevious Give back how?

[@jgalt308]

@@mischevious Interesting claim based on mythology...about primitive cultures that had no alternative and resisted change when they did. ( some of them, anyway ) The interesting thing about "oral histories" is that you can always expunge the bad parts. And depending on which "indigenous people" you are referring to...the stories are all different. You might find that the women have a different take.

[@justcomp1]

Very nice presentation Richard. We clearly are in need of a different economic and financial system. Sure hope the seed you have planted begins to grow and blossom.

[@NapaValleyVegan]

I loved the nod to Fargo when he mentioned the Radisson hotel “don’t ya know.”

[@Damacles9]

Thank you!

[@PalaeoJoe]

This was a good episode, but it is very frustrating that Professor Wolff is conflating Social Democracy and Socialism.

[@marygard4608]

Are we Democratic Socialists or Social Democrats? The first one sounds better.

[@Kobebryantfan24ful]

America is the athlete that doesn’t realize he/she is past their prime

[@rogersmith7396]

Time to hit the booze.

[@Meloniraelewis]

soooo good!! very informative!!

[@mrmuttley1]

Professor Wolff never talks about Quebec which borders Maine, New Hampshire , Vermont, and New York. Our farmers are upper middle class and our private sector, co-operative sector and government sectors are all booming. My Credit Union has 70,000 employees, our publicly operated electric utility contributes 14 billion dollars a year into general revenues and we have peace order and good government and press freedom. We also have the kind of freedom most Americans dream about. We are a democracy. We tell the would be oligarchs what to do.

[@kenswanston820]

Moe Strausberg - You are also a 'have not' province, don't you know? You've been receiving at least 50%+ of the Canadian Equalization Payments/Bribes since...forever...to the tune of $11 BILLION for each of the past three years! ...from a pissed off Wet Coast Canuck!

[@mrmuttley1]

@@kenswanston820 We were a have not Province. The corporate Press has never said a single good word about Quebec in 50 years. We have put that money to good use. I live near Sherbrooke our Quality of life is higher than Copenhagen. That is the kind of poverty I can live with. I actually talk to my fellow citizens. I don't know why you read Matt Taibbi his bete noir is corporate media. Even for anglophones life in Montreal is richer than life in Toronto. Quebec's most pressing problem if you followed the last Federal election is getting the 200000 people a year needed to sustain our booming economy. I don't know how to get the Toronto media to get their heads out of their rectal cavities but 60 years of anti Quebec propaganda needs to be brought into the sunlight. I moved to Alberta in 1980 because that is where the jobs were. Every day more and more of my Alberta friends are moving back home. If this is have not; Ontario and the USA should be so lucky and even their children are asking their parents why they ever left. Have you ever wondered why French CBC is so optimistic and Toronto CBC is so pessimistic? Why don't you come see for yourself what have not looks like. The new Iphones do a reasonable job of translation. I watched the Federal leaders debate on consecutive nights and they talked not of have and have not but of two different countries. Quebec is a success story and middle Canada sound like our southern neighbour ready to throw away its birthright for a mess of potage.

[@DidierWierdsma6335]

17 Buks an hour is still not enough. Richest country in the world i highly doubt it. So glad that i live here in Europe and not in America America is a disaster it's all about the bottom line over there. If you people over there want a great healthcare and education system come to Europe it's so much better here period. Great video professor Wolff keep it up👍

[@benjaminhenderson7059]

If your not rich or getting married to a foreigner its probably not gonna happen. The US doesn't like losing its slaves. Its in the constitution.

[@rogersmith7396]

Our billionaires are rich. Everyone else is poor. Its government policy.

[@rogersmith7396]

@@benjaminhenderson7059 Exactly so. Seemingly few people recognize this. The system is working exactly like the founding fathers wanted it to. Its just people are waking up to the fact they are fucked.

[@Jay...777]

You do know the neolibs are going to take away your healthcare and pop it in the private sector, don't you? Already well underway in the UK.

[@drunkensailor112]

@@Jay...777 that happens in the UK. UK has nothing to do with Europe.

[@ramazanhoxha4265]

love proff wolff.. 🤝💐🎼🙏🥀🎹

[@petersepall2590]

Democracy itself is a socialist concept.

[@dbarker7794]

@WTFViewer oh lord, the "republic not a democracy" canard. Read some history, bro. You'll see the phrase "democratic republic" often when describing our supposed model of government. Sadly we don't have that either.

[@kobemop]

democracy is in-built within socialism

[@jgalt308]

@@dbarker7794 So which of the founders referred to this as a democratic republic? The history of democracy as grasped by the Founders, drawn largely from the ancient world, revealed that overbearing majorities could all too easily lend themselves to mob rule, dominating minorities and trampling individual rights. Democracy was also susceptible to demagogues-men of “factious tempers” and “sinister designs,” as Madison put it in “Federalist No. 10”-who relied on “vicious arts” to betray the interests of the people. Madison nevertheless sought to defend popular government-the rule of the many-rather than retreat to the rule of the few. American constitutional design can best be understood as an effort to establish a sober form of democracy. It did so by embracing representation, the separation of powers, checks and balances, and the protection of individual rights-all concepts that were unknown in the ancient world where democracy had earned its poor reputation. Of course, the proper description is a "constitutional republic"...but FDR, fiat money and the socialists destroyed that and productive capitalism as well.

[@dodododatdatdat]

@@jgalt308 and Jesus was also born in america

[@jgalt308]

@@dodododatdatdat which Bethlehem?

[@edc3743]

Socialism American Style. That's "worker co-ops" NATIONWIDE THRU AND THRU structuring gov't. Plain and simple and a POWERFUL WAY TO NAME IT. Thank you, Marcello and Sophia😍.

[@GhostOnTheHalfShell]

For any suburban city financial ruin is a chronic risk. Awhile new construction of homes is subsidized because of state and federal subsidies for infrastructure, 25 years on the tax base is insufficient because of low housing density. Only constant home building papers this over.

[@rogersmith7396]

And all you need is an endless supply of millionaires to keep it going. I think Blackrock is going to be stuck with a lot of empty mansions. Hooray!

[@GhostOnTheHalfShell]

@@rogersmith7396 I think it might be black stone (different but blackrock may be involved too). kzbin.info/www/bejne/l3yTd4KZoKupm9E

[@fulanodetal9994]

Thanks prof!

[@magz875]

Professor Wolff, I'm surprised you didn't bring up the great story about the brave Canadian Truckers in this episode.