Economist Richard Wolff speaks about capitalism, socialism & democracy (FULL EVENT)

[@soularddave2]

As a carpenter with this Union, I'm happy to find this video available. I couldn't attend from St. Louis, but I follow Dr. Wolff religiously. The other guys in my shop are typically indifferent, and I can't understand why - this isn't complicated. I think most just don't understand how it affects them. I find it VITAL to know WHY I'm angry, and to KNOW there are solutions.

[@MalcH]

Kansas citian here. Solidarity, comrade!

[@jonathanschweiss316]

Solidarity from northwest Illinois!

[@4dhumaninstrumentality789]

soularddave2 I feel you man. I’ve basically become a pariah in my former social circles for having interest beyond sports, entertainment, and money in general but don’t let me bring up politics, get this guy out of here. Frankly I’m starting to believe many don’t care simply because they believe these issues don’t directly affect them even though they clearly do. I can’t even explain to my brother that he’s not middle class he’s working class. He just wants to feel safe in his bubble of wage slavery. We have to start surrounding ourselves with likeminded individuals. Not for the sake of creating an echo chamber, but to help us galvanize our thoughts into real tangible actions. The internet is a great tool but we have to start meeting IRL. I’m from Atlanta, GA personally and I’m just starting to actively seek out people in my general area who feel the passion about this as I do. Keep fighting the good fight.

[@rudolphrocker8963]

Solidarity from the U.K., bothers. Power to the people

[@victortatevosyan4001]

Christ was a carpenter also and was anti corruption and for helping the poor people

[@lisakukla459]

I can't get enough of this guy. His message gives me hope. Bravo, Professor! Bravo!

[@martinko4086]

Lisa KUKLA , Wolff message for what ?? .... GULAGS ??

[@oatmealeater7711]

@@martinko4086 gulag is happening in north america, its called the amazon warehouses

[@martinko4086]

@@oatmealeater7711 IN gulags people has NO option to leave !! Are you telling me that you CANNOT leave from your Amazon job ?? You do not see any other options living in the country of opportunities. Nice try, IDIOT !! You are fired !! Get your unemployment BENEFITS, something you do not get in Socialism .

[@oatmealeater7711]

@@martinko4086 They had the option to leave, they had to chose death. It was an option, wasn't it ?

[@kurt.wilkinsongardendesign]

@@oatmealeater7711 the difference is you are not forced to work there, whereas gulags are on a completely new level of shitshow, lol! Are you therefore pro socialism and gulags because Amazon is a 1000th as bad, but in your mind it is the same. Why are you not simply for the current shitshow corrupt mixed economy cronyism if you are happy and proud with socialist gulags?

[@TheNeilDarby]

If civilization manges to stay even remotely civilized in the coming decades the work of this man will have a lot to do with it.

[@bekahharlowe9119]

Haha it didnt

[@martinko4086]

the deathless face.. aka fucked up mind ... you are sophisticated IDIOT who believe in this Marxist religion , which enslave millions of innocent people in Socialist countries like CUBA . USSR , Vietnam , Cambodia, Eastern Europe etc Millions of people ESCAPE from this socialist countries and many of them came to the USA and STAY here , like me . IF you want to know the true about Marxism and socialism , you need to look for person like me .

[@samanwaysanket12345]

@@martinko4086 ok FBI agent. How's everything going with the paycheck???

[@samanwaysanket12345]

@@martinko4086 the real captives are you who think socialist country enslaves people. The people are the government there. What democracy you delivered in Japan, Korea, Libya, Yemen, Kuwait, Iran, Iraq, Afghanistan, Mozambique, chile, Venezuela, cuba, are not hidden from the world. Keep your fake democracy for yourself 🤣🤣🤣

[@martinko4086]

@@samanwaysanket12345 Socialist countries DO enslaves people , who has NO choice but to work for Collectives= socialist government who owns everything and you do not own anything . Collectives control your freedom of speech , your travel , you cannot own your own business or be self employed , ACCORDING to socialist LAW there is NO welfare check , No unemployment benefits , and you HAVE TO 'find work in 30 days otherwise government will put you in PRISON or FORCE you to TAKE a JOB they offered to you . Socialist government live for them self and enslave all country for theirs own selfish benefits . What socialist country did you live in ?? Second , USA is NOT democracy , but constitution republic . Learn the difference between Democracy and REPUBLIC . So keep YOUR FAKE democracy for your self !!

[@RichardRoy2]

In my own lifetime, I'd been struggling to understand economics and the political systems we live in. I'd always had trouble with the constructs that were offered on what Socialism, Communism, Fascism, Capitalism, Feudalism, Monarchism, Imperialism were. Professor Wolff pulled on an intellectual thread and put everything into clear focus. I owe him a great debt. Thank you Professor Richard Wolff.

[@martinko4086]

Richard Roy 2 , Professor Richard Wolff owe you a great deal , for teaching you a bunch of BULLSHIT !!

[@RichardRoy2]

@@martinko4086 I'm glad those I've studied offer more, even those who have confused me. Your response is not confusing. It reveals who you are clearly.

[@martinko4086]

@@RichardRoy2 Yes, take it from ME , who lived in real socialism for 22 years . IF you like socialism , MOVE to Socialists' CUBA , government pays workers $ 25 / a month , than YOU will see CLEARLY what i am talking about .

[@RichardRoy2]

@@martinko4086 It is your impression of what socialism is. That doesn't mean there is only one iteration of it, any more than there was ever only one iteration of capitalism. I've seen enough attempts at claiming to be representative of it to know it isn't always identified correctly. But point to one you don't like and use it as an iteration, but dismiss others that don't express the negative elements, and those are often ignored. I live in a country that is often accused of being socialist. I prefer it to the one that claims to be the epitome of capitalism.

[@martinko4086]

@@RichardRoy2 IT is NOT my impression what socialism is . There is a " definition " of socialism as economic system , here it is . " Socialism is COLLECTIVE ownership of means of production in the country or state . " Anything else is a FAKE misrepresentation . CO-OPS are capitalist , BUT NOT socialist . Social programs are NOT socialism . Unions are not socialism , government tools of operation , like police , army etc are NOT socialism ....... DO you understand what definition means ??

[@etcetraetcetra3173]

Thank you for uploading the video. It was 2 hours of free and excellent education.

[@sonnypruitt6639]

I found it to be boring angry Marxist dribble.

[@myronhelton4441]

Thank you for uploading this video. I was 2 hours of a free education of a wolf in sheep's clothing. Listen to the crowd.s loud applause to a wolf in Sheep's clothing. TRump has signed great trade deals all over the world & the economy is booming. Anyone says otherwise dont know what the sam hill they are talking about. What kind of bs!

[@sonnypruitt6639]

@@myronhelton4441 High-5 2 U

[@martinko4086]

endless stupidity from BAD Wolff .

[@scottclute7443]

A true Blue American genius!!!!

[@Kritiker313]

Beautiful presentation Dr. Wolff! I was captivated and loved every minute of it. Keep on doing what you do so well because America needs your help seeing what's possible.

[@spacemonk420]

Looking back in history we can clearly see what is possible when people adopt communism, it never ends well yet stupid people still fantasize about it for some reason...

[@Kritiker313]

@@spacemonk420 It's always the uneducated who introduce false narratives because they're not smart enough to stay on topic. This presentation is not about communism. I would suggest that you should get an education then maybe we can have an intelligent conversation. Ironically, you're able to communicate with me here because of something called the Internet, which was invented by the US military, a socialist organization. But how could you possibly know that.

[@spacemonk420]

@@Kritiker313 wolff is a marxist who promotes marxist ideas, every presentation this clown does is about communism champ. Your inability to see or acknowledge this simple fact speaks volumes about your intellectual honesty. You have confused education with indoctrination. I have lived in the real world long enough to know that what some elite professor (wolff) is promoting is nothing but snakeoil that fails as soon as you add people to the mix. The military is not a socialist system you silly liar, it is a meritocracy with a pay scale. The internet we are using was built by capitalism. Man you marxist pigs are a real dishonest and blind group of clowns aren't yous...

[@spacemonk420]

@@jimbodriver1015 China is doing well at enslaving its population. People like you are the first to be sent away child. The countries you list as better places than the USA are all capitalist countries, they are not socialist societies. Thanks for coming out and playing the fool champ!

[@ruialbertobasiliodealmeida6247]

Dr. Richard Wolff is a proven friend of the working men and women. As a marxist is does not only gives us a scientific explanation of the constraints of capitalism but as an activist he does his utmost to utterly change it in favor of the imense majority of the american people!

[@Nine-Signs]

For the majority of all people friend, not just Americans. From Coventry England: you.38degrees.org.uk/petitions/democracy-at-work

[@martinko4086]

Rui alberto ... da , YOU belong UTTERLY to the immense stupid majority . YOU need to experience ' DEMOCRACY " in your own restroom .

[@MrBighairyass]

Rui Alberto Basilio de Almeida "A scientific explanation of the constraints of capitalism "? Oh my, you are a special type of stupid...

[@normankeena]

FN ye know quite well ' An explanation of the restraints capital puts on the working family

[@Barskor1]

LOL! so many Useful Idiots.

[@johnkendal5562]

What a blessing it is to have a man such as this sharing his wisdom with us and for free. He speaks as a favourite grandpa would to us as kids, with excitement and humour. If only there were more like him our lives would be so rich and worthwhile.

[@tjk9263]

@Janusha He is the highlight speaker. He has a team of people that work for him. And since Marxism is still being pushed as this evil communist socialist big government control bad guy BS, its going to be hard to get it as a mainstream idea but its breaking through in a movement highlighted by Richard Wolf, Bernie Sanders and others

[@fredk3859]

People think he's a cuddly grandpa, but he's actually that very weird grandpa who wants to play with your private property.

[@fredk3859]

@Janushalmao ... I'm paranoid but you don't see anything in the US that is in working order? How about the fact that you get to actually have a good standard of living and freedom to learn, do and say basically whatever you like? Do you think everyone in the world has that right? Why don't you live in North Korea or Cuba for a while and try the starvation diet and criticize the government a bit (you'll only be able to do that one once)... you know ... have a bit of real socialist fun.

[@fredk3859]

@Janusha A good standard of living compared to every other country in the world and in any time previously in history. European countries by the way are free enterprise capitalist countries with generous social programs ... they are NOT socialist or Marxist. And I have been to Europe many times and have many cousins there ... they have a similar lifestyle and many of the same complaints ... it is not a paradise. I don't know how old you are but from the way you speak I'm guessing pretty young with limited experience and never worked in a large business to see how free enterprise actually works. The education system and media have been teaching you to hate everything about your country, be jealous of anyone that has more than you, always identify a group at fault and pretend to care about people who have less. As if life can be perfect in a world with real constraints. If you go into life as an entitled pampered idealist, you'll be useless as a force of change or a force of good in the world. I will admit I'm wrong if you spend a good part of your time volunteering to help the less fortunate ... but I'm guessing that you don't. You are probably mostly concerned about yourself. Don't you ever ask yourself why so many people are trying to get to the western countries (including the US) if it's so horrible with nothing good at all? You don't even value education, saying that it's nothing. Wow, the ingratitude is astounding. Some day you'll hopefully mature enough to appreciate what you have and understand that you should work to improve it not destroy it. If we ever do become Socialist you'll get a true education ... for however long you survive.

[@fredk3859]

@Janusha You have much more education and travel experience than I would have guessed based on your comments and arguments. That's very good. But any degree of wisdom seems to be lacking so I'm guessing that your degree is not an advanced practical one from Cambridge or Oxford. Very few people are saying that America or capitalism in general does not have major problems and should not be improved. What they are saying is that replacing it with completely discredited ideological Marxist garbage is not a sane solution. By the way, what country do you think funds more of the UN budget than any other? You guessed it ... the United States. Yes ... the UN is almost entirely funded by capitalist countries to help out mainly socialist and totalitarian ones ... funny that. Try to absorb this reality .... free enterprise systems pay for social programs. And also you might not have guessed ... I'm not an American, I'm a Canadian.

[@TracieSmithpomeranian]

I have learned so much because of Dr. Richard Wolff. He has helped me open my mind to criticizing capitalism. At 47 I am considering voting for a Democratic-Socialist. I have ordered books by Trotsky, Marx and G. Edward Griffin.

[@rutessian]

That evil shit doesn't know what capitalism is. He shrugged of the millions killed by communists as "some mistakes".

[@martinko4086]

Tracie Smith , Trotsky was killed by Stalin in Mexico . . CAROL Marx was the greatest divider in history of civilization . His simple , but stupid equation ; Rich are BAD people and poor are good hard working drug addicts . Edward Griffin and his brother English Muffin swindle millions of taxpayer's money and buying multiple huge houses in Florida USA .

[@rutessian]

@@jimbodriver1015 In a Michael Brooks interview he says something along the lines of Lenin, Trotsky and Stalin being very smart men making some mistakes in a first attempt at socialism. He also states that it went pretty well for a first try.

[@rbeast70]

Those that seek power seek ultimate power. Socialist and Communist systems Have caused more death than any other system in history. Capitalism has helped lift more people and improved life for more people than any system in history. Its not perfect but government corruption has ruined EVERY system of government EVER. Capitalism though at least has never become Authoritarian such as Communism and Socialism.

[@nilecrocodileRobyn]

Huge respect for this man; and all the workers uniting.

[@kurt.wilkinsongardendesign]

How many workers coops has he set up, it must be hundreds as he has been banging on about it for decades? I think he has set up zero co-ops, that is not very impressive for someone who seems to believe his own bs.

[@oatmealeater7711]

@@kurt.wilkinsongardendesign I am a business owner do you want 1$/hour ?

[@kurt.wilkinsongardendesign]

@@oatmealeater7711 yes, if I was only worth $1/hr, and especially if I had no other alternative and wanted to survive. But I would then proceed to learn as much as possible as quickly as possible b4 asking for a raise by demonstrating i was worth more to the business owner. If this was not successful I would be pursuing another job elsewhere as soon as possible, with the new skills acquired, for more money. You have no idea how the world works, hence you are a socialist begging for free stuff, lol. Have you ever had a job other than a wage slave? I would love to hear comrade👍

[@kurt.wilkinsongardendesign]

@@oatmealeater7711 are you part of one of the amazing successful coops he has set up, do tell? You must have an amazing life that you can prove how wrong I am, what is the name of your coop and how much an hour do you all get paid? Presumeably, because you believe socialism is awesome, you are also living the dream in a similarly awesome commune, what is the name of that bad boy. What's it like to be so awesome that you are able to demonstrate to the world that socialism works because you are living it, successfully everyday of your life, just like Wolff. That's right, Wolff has never had a real job, but only ever a parasite feeding of taxpayers, like a true socialist academic. When is Wolff sharing his income, or millionaire socialist Bernie Sanders and his 3 houses. How many houses does a socialist need, how many houses do you have? Or Hassan Piker and his new 3 million dollar house, it is almost as though socialists are hypocrites and don't actually do or believe what they preach as they manipulate their follows for power, influence and financial gain, lol. Keep up the fight comrade✌.

[@oatmealeater7711]

@@kurt.wilkinsongardendesign I think you don't understand what socialism is and how it works. Stop making yourself more ignorant and keep asking more questions. They want you to be their tool.

[@scottclute7443]

This man is a brilliant beautiful easy listening speaker, tells it like it is truthfully.

[@coleray1413]

Lol that one comrade holding up their fist in the foreground

[@Matamick]

Personally I'm in favor of democracy, which means that the central institutions in the society have to be under popular control. Now, under capitalism we can't have democracy by definition. Capitalism is a system in which the central institutions of society are in principle under autocratic control. Thus, a corporation or an industry is, if we were to think of it in political terms, fascist; that is, it has tight control at the top and strict obedience has to be established at every level -- there's a little bargaining, a little give and take, but the line of authority is perfectly straightforward. Just as I'm opposed to political fascism, I'm opposed to economic fascism. I think that until major institutions of society are under the popular control of participants and communities, it's pointless to talk about democracy." ― Noam Chomsky

[@Barskor1]

Sure democracy until you are the minority in any decision.

[@tjk9263]

@Y T Maybe because America isnt the greatest country in the world. We used to be but we have lost our way. This country is run by meritocracy and oligarchy so if you arent born into a rich family.....sorry but you cant be part of the club. Perfect example is Jared Kushner. Daddy payed 2.5 million for him to go to Harvard and now he has power running foreign policy in Moron 45's white house and he is only there because he is Ivanka's husband....he has no business being there. There are so many more qualified and experienced people that should be working in our government but now your qualifications just have to be who your mom and dad no matter how ignorant you are to how are government works

[@tjk9263]

@Y T Actually i take care of 2 children by myself fulltime. I made 150,000 dollars last year being a master plumber and i have to work side jobs on the weekends to still pay my bills.....im raising 2 children which is the ultimate responsibility. You have the gal to call me a loser when i worked my ass off to get where i am....seems like i struck a nerve when i mentioned Moron45 and his idiot know nothing jack ass moron in law.....you worship those scumbags all you want FUCKHEAD.

[@bunangst8415]

Taking profit out of healthcare and education doesn’t mean SOCIALISM! What Chomsky and Wolf are actually denouncing is CORPORATE SOCIALISM- too big to fail parasites like centralized banks and socialist terrorists in the corporate lobby are drunk on the power that sucks sovereignty from the populace in a CORRUPT SUBSTANTIATED PATTERN of boom, bust and war cycles imposed by ruling class Masonic occultist scum cowards who always rely on citizenry to bail them out so they can remain profitable. These narratives hand us socialism as a Hegelian solution. True American Capitalism guarantees sovereignty to the people under law of our Constitutional Republic. We need to permanently restore an honest money system and interstate commerce of regional farming practices. Start with getting rid of Monsanto and the Federal Reserve. Corporate socialism is to blame for the failures of true American capitalism.

[@skunk12]

Too bad for Noam, America is a constitutional republic.

[@haroonrasheed2568]

The real speech ever heard in my life 😭, god bless you ❤️

[@brandonsimpson1617]

Richard Wolff the visionary!!!

[@spacemonk420]

The fantasy that you clowns adore is directly responsible for the suffering and death of people unmatched by any other system.

[@kurt.wilkinsongardendesign]

Of a socialist hell on earth presumeably, lol

[@ralfkluin6387]

Thank you for sharing your research and economic philosophy.

[@gabbyvaz4911]

Oh my God, was he right about trump or what? Geez , that was scary. Thank you for the upload and insight. Very informative.

[@martinko4086]

Richard is WRONG on many issues, but uneducated misinformed individuals like YOU are great material for his BULLSHIT religion .

[@calvyncraven1141]

@@martinko4086 honestly, you sound more uneducated and is spouting bullshit.

[@martinko4086]

@@calvyncraven1141 Honestly, you are ONLY a student who still have a LOT to learn . I am MORE educated than your Richard Wolff with his diplomas on this subject . I lived in socialism , he did NOT. HE is teaching a same crap what i was learning while living and studding in socialist schools . NOTHING NEW to ME !! 1989 socialism COLLAPSED in eastern Europe and 1991 socialist Soviet union , BECAUSE of Marxist IDIOTS like Richard Wolff. Collective / democratic / ownership of means of production FAILED !! Democracy in workplace FAILED !! You can succeed in your classroom , but with WRONG ideology YOU will FAIL in LIFE .

[@calvyncraven1141]

@@martinko4086 no doubt the socialism you have lived innfailed but socialism is an evolving ideology. By assuming socialism failed just because you have lived in a failed state doesnt mean it will fail now or in the future. There are successful democracy at workplaces based of the co-op model. Eg. Huawei. Its a employee owned company. The owner only owns 0.8% of the company and the other 99.2% is owned by its 120K employees. And China too is a very successful socialist country. And there are many many other social democracies.

[@martinko4086]

@@calvyncraven1141 Your problem is that Co-ops are CAPITALIST based , NOT socialist . Co-ops compete with other companies and co-ops in capitalist economy . If worker own means of production , he is NOT just a worker anymore , but owner working for his company . Do you understand this transition ?? IT is like student will become a teacher that mean he is NOT a student anymore . . Co-ops are owners working , in certain industry , which is RARE . Democracy is majority rule over minority, NO MATTER what . Minority is oppressed in democracy . I prefer hierarchy with strong and knowledgeable and moral leader

[@tonka787jv]

I need this man as my economics professor ASAP

[@melvinhc]

Dr Wolff is spot on with his break down of the economic problem affecting the lives of the 98 %. During the early 80s my then wife and toddler daughter moved to California's Bay Area where we spent the first few months in Berkeley House-sitting for friends going on an extended vacation. We frequently did our grocery shopping at a Food-corp. Prices were considerably lower than the normal supermarkets and profits I understood went to its members based on shares owned. Though we were not members since we spent only a few months there, I recall the good feeling we experienced from shopping at the coorp, being aware that our support was benefiting the community and members of the corp (a very pleasant memory as I listen to Dr. Wolff's presentation).. Hats off to Dr. Wolff for the exemplary work and contribution he is making.

[@youtuber6185]

I recommend you google the definition of capitalism and socialism and when you see that he gets these small points wrong ask yourself if you want an economics professor that doesn’t even get the basics correct

[@youtuber6185]

@@jimbodriver1015 Webster’s dictionary. Socialism is really an economic system whereby the means of production are owned and controlled by the community. The US , for example has lots of social services such as k to 12 public schools, Medicare and social security. We could even add more like healthcare and college but that would just be adding more social services. The largest employee owned company is Madragon in Spain and they do ok. The key idea of socialism is to get rid of private ownership of companies and make everything community owned. It sounds nice but really doesn’t work on large scale for obvious reasons. If you listen to Wolff talk he speaks about everything I’m saying yet then contradicts himself frequently. 75-% of people have no idea what socialism actually is. Wolff knows but like most socialists he is deluded that it will work. It’s kind of like a cult

[@gnomechimpsky6189]

Thanks for sharing!

[@soubhikmukherjee6871]

Salute to you Richard Salute to you 👏 🙏

[@patiencegoudledieu6951]

If you've never listened to Wolff, you're in for a treat. In his own field, he's another Bernie Sanders - tellin' it like it is. Unfortunately, this is not the best example, as the audio quality is sub-par for his presentations. Much of his same message can be heard in other videos with excellent audio. Your choice.

[@VocalBear213]

Can you share Bernie Sanders " telling it like it is"?

[@kurt.wilkinsongardendesign]

@@VocalBear213 Bernie telling it like it is, is letting the Dems stab him in the back in 2 elections and him going and hiding back under his rock like a little bitch, when the Corporate whores that are the Dems no longer need him. Yeah, rage against the machine Bernie, however very hard to do when you are part of it, lol

[@erichamilton8952]

He's a moron and a professionally useless person. Just like Bernie "Ass clown" Sanders another professionally useless person.

[@kurt.wilkinsongardendesign]

@@erichamilton8952 yeah Bernie really showed those Dems he means business just like the useless Wolff, who has yet to demonstrate the successful application of any m Marxist or socialist garbage he has been spruking for the last 50 years. Did you know he can trace the cult of socialism back through his family to Marx, lol. Presumeably his parents indoctrinated him early on and he never shook it, poor kid, and now he ruins other peoples lives to compesate for wasting his🤣

[@pvphoto1]

Everyone needs to see this!

[@Barskor1]

So they can discover what a self contradicting scam artist Dicky Woof is.

[@LibertarianLeninistRants]

@@Barskor1 self contradiction where?

[@Barskor1]

@@LibertarianLeninistRants The worker owns the product of his labor Except when Dicky and company says he does not. The USA has enacted into law 8 out of the 10 planks of the Communist Manifesto so when Dicky Woof says the system is or has failed and we should try Communism he is just messing with your heads.

[@LibertarianLeninistRants]

@@Barskor1 The stuff in Marx and Engels listed in the manifesto do not describe socialism, but the policies that can be implemented in an alliance of the socialists with the socialdemocracy. Thats what the manifesto argued in the previous chapter - have you even read it? So the manifesto argues what can be implemented by a socialist and/or socialdemocratic government within the capitalist society over night. It's neither a long term policy NOR a description of Socialism and DEFINITELY NOT a description of Communism. Marx explained how Socialism and Communism would look like in more detail in "Critique of the Gothaer Program". You should definitely read that one at least, since Marx argues there AGAINST equal wages ;)

[@Barskor1]

@@LibertarianLeninistRants Not real socialism? Yeah...... now where have we heard that before?

[@allypoum]

An excellent, stirring, and inspirational talk from this emerging leader of a resurgent left in the U.S. Shame about the sound quality.

[@Ndesire]

1:08:40 "If you don't distribute the income unequally, you remove the need to fight each other of getting it redistributed because it's so unfair on how it was distributed in the first place."

[@youtuber6185]

So only companies will have equality of outcome but the NBA , tenor as a professor and actors will all be awarded roles by merit. Is that correct?

[@kurt.wilkinsongardendesign]

Socialists only ever care about money, lol. I suppose if you are too incompetent to make it yourself then e slave someone who can.

[@dantatadangote]

I just became a socialist!!

[@antediluvianatheist5262]

Me too. He did it. Why should nearly everyone suffer for the rich?

[@modemmark421]

Taxes we pay are the price of Admission into any civil society. I've ALWAYS been a socialist... I am a businessman; I like Our socialized (paid for by everyone in Our society) roads, that's how I am able to conduct my business. I like Our socialized (paid for by everyone in Our society) Fire/Police Departments, they protect my family, my home, my business. I like Our socialized (paid for everyone in Our society) military which protects Our interests around the world. I like Our socialized (paid for by everyone in Our society) FDA, DOT, BLM, CDC, EPA, etc etc etc. that develop rules and regulation which facilitate productivity and safety in Our society. I like Our *socialist* society....

[@rutessian]

Are you a genocide enthusiast or a slavery advocate?

[@theresbob8878]

How doo you keep the labour force Fromm revolting? You keep a surplus of unemployed too replace trouble makers.

[@victortatevosyan4001]

Professor Wolf is doing noble work and we should listen to what he has to say because we should look at all points of view and make up our minds what we support

[@spacemonk420]

Anyone that actually understands history, economics, human nature and the work place can easily see how/why this clown is wrong. People like you are suckers that end up ushering in systems that murders its own people on an industrial scale. Congratulations for subscribing to the mother load of bad ideas champ!

[@najamansari246]

Mr Wolff can you please run for the President of USA? I will vote for you.

[@rutessian]

In a few election cycles you might have a chance with AOC.

[@najamansari246]

Good I will wait.

[@edvinchandra1277]

Never heard this kind of information before.

[@Barskor1]

It is propaganda Dicky Woof ignores the roll of government and fiat currency.

[@Elon_Trump]

This is better than anything on Netflix

[@donrastar1579]

Richard Wolff is my favorite capitalist! I love this guy! He sold socialism all the way to the central bank! $$$$

[@statecraft3603]

Capitalist is anti freedom of life of every worker in the world.

[@elgrek0249]

Do you want nice things? Capitalism is the only way you can have great and not settle for average. In fact you can try this: stop owning a car and take the bus, stop using AC and use a fan and a heater, stop owning cable TV, smart phones and use a basic 25 Mbps internet. Downsize to a smaller house. Congratulations, you don't have to be a slave wage any more and you can experience your socialist dream inside a capitalist society without forcing others to the same lifestyle you have.

[@voxomnes9537]

@@elgrek0249 You're such a bootlicker.

[@gobblelevclass3nuclearsubm393]

@@elgrek0249 many people are already doing this in the capitalist system anyway

[@Rickwmc]

The old refrain is "If nobody has a job, the employers will have nobody with money to sell to." But the employers are ready for this dilemma. The employers, i.e. corporations, will go from country to country selling their goods and services to anybody who has the money to buy it until all the money is drained away from each country as the employers go around the world from country to country like a plague of locusts.

[@rutessian]

That's just stupid.

[@rutessian]

@@jimbodriver1015 Companies hiring people and providing goods and services to society are not ponzi schemes. A ponzi scheme is a fund which pays existing investors with funds from new investors while those administering the fund take a slice in commissions. Social security is an approximation of it taking money from workers (new investors) to pay pensioners (existing investors). Companies on the other hand are not even close to functioning this way.

[@larrysbrain1627]

WHOA... What an awesome, eye-opening, informative, enraging lecture for an Economic Revolution!!! You go, Dr. Wolff!

[@Barskor1]

Hardly Dicky Woof ignores the roll of government and fiat currency.

[@youtuber6185]

You are being sarcastic right? Wolff is a Marxist and an ideologue

[@Alkalite]

Damn, my new hero, right up there with Bernie Sanders, maybe even above.

[@Barskor1]

Promise fools free stuff and they love you.

[@Findaway2day]

I just listened to a PBS series about the ,"Great Depression" and a guy name Upton Sinclair. I heard the term co-op mentioned by Sinclair and realized I had heard it here as well.

[@BKLau70]

Many prefer to belong, and not stand out ... It's the desire to conform that stops many to do what feels to be right ...

[@benodaniel3254]

Communalism versus Capitalism here in Papua New Guinea. Where do we go from here ?

[@jcsrst]

This explains everything I ever believed!

[@spacemonk420]

From the sounds of it you have never worked a day in your life and you expect other people to carry your dead weight.

[@jcsrst]

@@spacemonk420 Haha! Well you'd be wrong 🤣 That's ok, I love you anyway ❤️

[@spacemonk420]

@@jcsrst If working to support other people that don't like you or even hate you is your idea of a good economic system then you are already a lost cause. Have you actually worked out any of this clowns ideas in reality? Or does it just feel right to you?

[@jcsrst]

@@spacemonk420 😘

[@spacemonk420]

@@jcsrst A simple mind with a simple response, imagine my surprise....

[@Spyrit2011]

At some moments, you could hear a pin drop, people are listening.

[@Crescendotron]

Good morning Sir ..

[@bunangst8415]

“DEMOCRACY IS TWO WOLVES AND A SHEEP TRYING TO DECIDE WHAT TO HAVE FOR LUNCH.”

[@rustyscrapper]

leftist progressive democracy is 1000 fleas and a dog voting on whether fleas have rights.

[@michaelhaydenbell]

@@rustyscrapper I'm not sure if you're being serious or are self-aware how ironically idiotic that analogy is. Stick to calling everybody triggered snowflakes.

[@HansJrgenFurfjord]

I fear for his safety. When he's famous enough, they can't kill him, but he's not famous enough yet.

[@spacemonk420]

The only thing to worry about is the system he is proposing killing off millions of people. It is always amusing to see people consumed by the nonsense they helped realize...

[@johnhart5817]

There are far too many people giggling for how serious of a situation we're all in

[@thundersoul6795]

It's the way he presents it. Humor helps comprehend the point, and there's a reason he's compared to George Carlin if he gave a fuck.

[@MsHeaddy]

Have a read, (or listen), to Thomas Sowell, it will be liberating 😊

[@rutessian]

Most of the people here see this ass-clown as some great philosopher, some mind-opening speaker, a great teacher espousing wonderful ideas. Thomas Sowell would be like a glass a fresh cold water after being drowned in gasoline. They've come to love gasoline as it strips their flesh away.

[@xSUBIACOx]

1:08:04 ~ LOVE HOW HE SAID 'REDISTRIBUTE THE WEALTH!" ~ 1:08:04.

[@rutessian]

Would you want to live in a country where a janitor made as much money as a surgeon? Would you trust that surgeon to do his best?

[@Rickwmc]

The money earned by employees goes by armored truck to the bank accounts of the CEO and Board of Directors (BD's). The CEO and the BD's then split up the money as follows: 5% for overhead, 5% for taxes (if they pay taxes) and 5% for employees' salaries. And the other 85%? The CEO and the BD's give it to themselves! - Richard Wolff

[@stacimargheim3934]

That is why people should go on a work strike. Going to work to make someone else rich is called slavery....

[@boyar1978]

why is this a problem. I do not care what the CEO makes.I care what I am getting.If I am offered 5.oo an hour and I am willig to go to work for that than I cannot complain as I agreed to work for that. capitalism is voluntary. No one is holding a gun to your head to work for anyone. you can quit whenever you want. You might not have money to pay bills but you can quit for any reason.

[@boyar1978]

would you really want to be a ceo? if i make a mistake as a cashier I affect myself. If I make a mistake as a CEO I can affect 1000s. This is why a CEO makes more . he has more responsibilities and has spend more of his time to get results for those who have hired him.

[@kurt.wilkinsongardendesign]

If he is going to lie why does he set up such an exagerated stupid lie. He gives Goebbels a run for his money

[@kurt.wilkinsongardendesign]

@@stacimargheim3934 so why don't they go on strike and take over everything. Surely they are all amazing, super intelligent and awesome workers, yet work for the absolute worst crimmanls ever that treat them appealingly and pay them almost nothing. Are you talking talking about socialist countries where it is illegal to strike or question anything, where human rights are not existent. A one party leftist state, socialism sounds like paradise. A little socialism and democracy is good so the more the merrier, right?

[@anthonyrusso7904]

He should run for President. With his knowledge he would decimate any opponent.

[@youtuber6185]

Unless someone pulled out the dictionary to challenge his definition of socialism and capitalism. The dictionary doesn’t agree with Dr Wolff

[@statecraft3603]

Capitalist is against freedom of life of every worker in the world.

[@youtuber6185]

Actually in capitalism you are free to work for who you like and free to own your individual labor. In socialism the community will vote on your labor and you will get what the community decides as a collective. That’s why Scandinavia is a representative democracy with 90% capitalism... because pure democracy is like two wolves and a lamb voting on what to have for lunch. .... ( or voting on your labor)

[@deweycheatum-howe9000]

I WANT MY SHARE OF THIS GREAT ECONOMY

[@spiralinfinity7660]

Some ideas can only exist within the luxury of much better ideas...

[@MsRuthless777]

Great camera work. Audio: please turn off your phones.

[@jagwa95]

Wow amazing keep up the good work

[@ThePaulchong33]

To grow to progress is to change. Don't be diehards in capitalism & democracy.

[@brianparks2039]

Sanders Wolff 2020!

[@darthjarjarbinkstherealsit6832]

Sanders is to right wing

[@mrzack888]

good to see Dr. Wolff accepting MMT and endogenous theory. Good for him.

[@KznnyL]

mrzack888 - to be fair he has never disputed it, it just not what he focuses on. If you review his older stuff he goes into detail about the fallacies of the working of the monetary system.

[@Alkalite]

mrzack888 - You're so obscenely arrogant to make such an assumption. You must be about 1/4th Richard's age.

[@mrzack888]

i'ts not arrogance, wolff have talked to other heterodox economists in the past. so he knows. He doesnt talk too much of it because MMT and endogenous just describes how things work, while Wolff wants to change the system toward more socialist democracy. MMT and endogenous solutions still operate in an encapsulated capitalist system, that's why wolff doesnt bring up MMT much.

[@KznnyL]

@@mrzack888 - brings it up a lot. He specifically states that he agrees with MMT because it democratizes money, he just focuses on democratizing the workplace. I will post links under Jimbo's question. He says even if you institute MMT but leave Capitalist corporations in place, they will still manipulate the system to take most of the money.

[@ryanchiang9587]

japanese financial system and u.s. economy condition

[@Elon_Trump]

Anyone here in 2022?

[@Davidian1024]

1:30:48 DSA!!! w00t!!

[@youtuber6185]

Go and watch the DSA 2019 convention here on KZbin comrade. I’m sure you will love what the group is all about.

[@yungcommi]

Holy shit

[@garrethoien6666]

Someone ask him if he is a millionaire or not

[@tickle296]

Professor, great lectures of yours making people understand what means what in today's market place.🙏🙏

[@kd-mi4mi]

prof wolff is the man

[@MutatedPizzaBoi]

Someone in my left speaker needs to shut up and listen to Richard Wolff.

[@jo69ma]

CC PLEASE!!!

[@musicalentities]

This guy is great, he describes the problems of Capitalism in great detail. But the way he does it is almost like a stand-up act, he kind of reminds me of Carlin a little bit.

[@martinko4086]

I can describe the problems of socialism in great details , since i live in socialism for 22 years . But the best experience for you is to move to CUBA or N. Korea for 2 years without money from USA .

[@musicalentities]

@@martinko4086 I wouldn't want to move to a socialist country, because they're always crushed by the United States if they can get away with it. No country that was socialist has ever stood or fallen on its own merits without the united capitalists of america fucking with them or straight up destroying those governments, including the ones you've mentioned, like Cuba, socialism is popular in Cuba . Although N. Korea admittedly, I dont know their history quite as much. I've always been interested in the countries that the us messed with. The thing is their are many different types of socialism and the only one I'm pushing for is democratizing the workplace, where not just a few make the decisions and get the profits, but we all do, if you had the choice would you pay your boss an absurd amount of money while you get just enough to come back? In a worker co-op you would have a voice, currently we don't.

[@martinko4086]

@@musicalentities ** YOU ARE WRONG ** as usual , EVERY socialist country FALL from INSIDE !! YOU never lived in socialist country , BUT i did !! Especially CUBA is FALLING from INSIDE , because of Embargo . LEARN what Embargo means . According to your statement .. Socialism is " popular " in CUBA.. so WHY so many Cubans ESCAPE to USA ?? I do not see general population from USA 'escaping " to CUBA . You have some wrong illusion about socialism . GET off the drugs !!

[@musicalentities]

@@martinko4086 and lay off the CAPS LOCK fuck

[@musicalentities]

@@martinko4086 i dont do drugs, that video is something i animated befire going to college. youre torrent of caps lock and no proof on anything youre saying demonstrates you have no actual arguement, i dont care that you say you live in a socialist country.Yes some cubans are leaving because of the embargo, but who placed it there genius? The US did. why? you figure it out. lay off the caps lock and read history. now im done with you.

[@stanleydorsey2884]

Mr.Wolf sense we are in massive debt following your idea can this debt be paid?

[@realitykicksin8755]

The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property. LUDWIG VON MISES

[@Yor_gamma_ix_bae]

You think austrian or german economics has any say on the american system? I got news for you! We are not a export driven economy. Get your head out of your ass and stop comparing apples to oranges.

[@Crescendotron]

Distribution is distributing goods. What about not giving? then there is lack. Lack brings us close to Producing goods on our own when we are not the producers of it. Then is this Lack, Real lack? This is discovery. This is one "gold thinking mine" a treasure.

[@rbeast70]

I am 17 minutes in and I think he is a socialist just by saying he went to Harvard. Am I wrong?

[@Rickwmc]

By the year 2100 A.D. there will be alive 400 million Americans who will have never worked, surviving at an upper lower-class existence by means of state and federal benefits for all their most basic needs of life. It is a future of mind-boggling horror and despair and it is coming, it is coming and nothing can stop it.

[@Crescendotron]

Lets start with the message. What is the message? The message is of Hope but When there is no hope, the message is still there. What is with the message then? We are left with hopelessness. From the hopelessness, if we remove "hope" there is "lessness" Our experience shows that the more is lessness, the more is hope aswell as more is contentment. Our Hope often takes us away from contentment and when the lessness is not, contentment is the message, the Hope. See, Balance comes with practice which is away from lessness. more we practice, more we learn to balance. Remove lessness to practise balance more, it turns out closer to the message. Everything in the message is Balance. More is balance meaning thereby more is our practice towards one same message but message is stable and more we practice, more we go unstable. Here comes the limit. Limit asks us to remain again contented. Conclusion becomes nothing but contentment then. So Why are we prone to error, all the time? We should Stay safe and then practise stable. This is contentment.

[@chagoriver7159]

Audio sucks. do better, this message is important.

[@russellmiller4467]

Can wolf talk to mark levin

[@bntagkas]

here in greece aswell anarchist communist socialist marxist is all the same, but if you ask definitions and details you wont get any, it has passed as a gut taboo

[@abelsoo5465]

Is Jeff Bezos wealthier than all his employees put together?

[@elchapo132]

No he makes 85k year....

[@youtuber6185]

Occams Razor We should vote to take it away from him and give it all to you and me.

[@sandradedig7263]

Waterboard Jeff Bezos

[@youtuber6185]

Sandra Dedig That’s probably what people say about you in Somalia. Should you be terrorized because you’re in the top1% of the world? You are in the top 1% you know. Above 35k house hold income puts you there.

[@sandradedig7263]

He makes more money every 20 seconds than all his employees put together make a year

[@Johny-Walker]

82 MILLION DOLLARS A WEEK, we're going to have revolution....

[@NCJsport]

A true politician without being one.....a thought...Chris Hedges as President and Mr Wolff as VP, or vica-versa

[@michaelcook3168]

The world population is almost eight billion though.

[@realitykicksin8755]

If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers. LUDWIG VON MISES

[@gibau1000]

"Unionized companies often tend to go out of business, from what I've seen" Is there any truth to that statement?

[@erichamilton8952]

Hostess

[@ryanchiang9587]

1 + 1 = 2 for u.s. economy.

[@OMGAnotherday]

Stupidly I bought shares, all my hard work over my lifetime, I thought I could buy in. £15,000 Guess what, 10 years later my shares are worth Zero! A combination of fraud, fees, mergers and liquidation! No joking, all the letters I got described the process from £15,000 to zero!

[@jacque4697]

I'm not sure he understands anything. The key is to change the tax system. That is the system that is controlled by the rich. The tax system needs to be changed so that workers income is tax free and passive income is taxed.

[@tjk9263]

Yea and if income becomes tax free how do our hospitals get funded, roads, police, fire. If workers income becomes tax free who pays for the government debt? You think the mega rich and the big CORPORATIONS are going to start paying their fair share of taxes. Before anything gets changed big money in politics needs to be outlawed, that before anything.

[@randallblanchard4534]

Have you seen the movie, " Back to the Future II " ? -- Welcome to Biff's 'Murkkka !

[@buckygoldstein9256]

In Dr. Wolff's video "Lecture on Worker Coops: Theory and Practice of 21st Century Socialism" he claim that under socialism, China, between 1991-2016 has "experienced a more rapid economic development and growth than any capitalist country has ever done before." The problem I have with this statement is that starting in 1978 China started moving to a capitalist economy, which is why they "experienced a more rapid economic development and growth". Here is the true story: has "experienced a more rapid economic development and growth than any capitalist country has ever done before." The problem I have with this statement is that starting in 1978 China started moving to a capitalist economy, which is why they "experienced a more rapid economic development and growth". Here is the true story: Between 1958 and 1962, 45 million people starved to death in China as the result of the largest socialist experiment in history. (maybe the reason that the richest 62 people in the world have more money that the lowest half of the world is that the lowest half of the world isn't capitalistic? Certainly before 1978, 1 billion of those poorest people in China weren't capitalistic, they were socialist.) In 1978, Deng Xiaoping was eager to adopt capitalist methods and reforms in order to stimulate economic growth and restore confidence in the party. According to official World Bank figures, the percentage of extremely poor people in China in 1981 stood at 88.3%. By 2015 only 0.7% of the Chinese population was living in extreme poverty. In this period, the number of poor people in China fell from 878 million to less than ten million. In 2018 China had 680 billionaires. The party identifies among its core tasks the advancement of the fundamental interest of the greatest majority of Chinese people. Deng, who famously said poverty is not socialism, interpreted this to mean that it was okay if some people needed to get rich to improve the livelihoods of the masses. Since the introduction of his reforms, more than 700 million people have been lifted out of poverty in China. Of course Jack Ma (the co-founder of Alibaba) is a Chinese socialist? That is why he has a net worth of $41.3 billion (with a B). Jack was born to a poor family in China in 1964, when almost 90% of the Chinese were living in extreme poverty. He struggled to go to college. After graduation he applied ten times to Harvard Business School and got rejected each time. how did he get his start? In his own words: "I went for a job with the police; they said, 'you're no good. I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted. I was the only guy ...". Good thing he didn't get a job because there is no way for workers to work their way up the ladder. Maybe we should have a wealth tax in this country and give it to the poor, like Liberia, Central African Republic, Burundi, Democratic Republic of the Congo and Niger. All of which have an average annual income less than $1,000. Great Chinese Famine en.wikipedia.org/wiki/Great_Chinese_Famine China's Economic Success Proves the Power of Capitalism www.forbes.com/sites/rainerzitelmann/2019/07/08/chinas-economic-success-proves-the-power-of-capitalism/#340c8053b9d7 Why Communist China Is Home to So Many Billionaires fortune.com/2018/11/29/communist-china-billionaires-jack-ma/ I haven't seen this kind of serial liar since Donald Trump.

[@charliec6036]

Bucky Goldstein ok, fair point about China, but just because he may be misguided about China, does not mean he is a serial liar or that the rest of his ideology is untrue

[@buckygoldstein9256]

@@charliec6036 Most of his explanations are over simplefied. He ignores aspects the contradicts his point of view. For instance, in this country, there is nothing stopping "employees" from starting their own cooperative business if they have the resources, and more important, the ability to start and run a business. Wolff claims that the "owners" do nothing to earn their profits, like manage the company (market the product, find financing, arrange for materials and equipment to be purchased and delivered and paid for, deal with repairs on the facilities and in general know how to run a business. By his own definition, Wolff, as an author, is capitalist. He relies on labor to produce his books (print and bind them, the publisher markets them, but he collects a percentage of the profits for doing none of this). I know he had the idea and wrote the books, but Jeff Bazos had the idea and knowledge and put in the work to create Amazon. By the way, Jeff Bazos salary is $81,840, while his lowest paid employee earns $31,000.Do you think the guy who cleans the bathrooms is capable of doing what Bazos does? If he is, nothing is stopping him from starting his own business. No one is forcing him to clean bathrooms at Amazon. If Bezos never created Amazon, what do you suppose most of his employees would be doing instead? Working for another company, be unemployed? How many of them do you suppose would be creating a major corporation on their own? If they were capable of that, why are they working at Amazon? Do you care to take a closer look at a point of Wolff's ideology that you think is correct? I'll be glad to look at and discuss what you have.

[@calvyncraven1141]

Do research on HUAWEI. its a very successful workers co-op. The owner owns 1+% of the company, the rest belongs to Huawei employees.

[@buckygoldstein9256]

@@calvyncraven1141 That is true. Huawei's employees are share holders and the only way you can own shares is to work there. In a more conventional corporation, many employees get stock options and any employee can purchase stock in the market, the same as anyone. Many of the original employees at Microsoft are now millionaires because of stock options. When I worked at AT&T I heard about factory floor workers that were millionaires because of stock options. They didn't have to work. I guess they just liked their jobs. Oh yes, Huawei is a Chinese company. One of the largest cell phone makers in the world, I believe third after Apple and Samsung. Of course as a Chinese company they are subject to the whims of the People's Republic of China who can promote them or discard them at their pleasure.

[@rutessian]

@@buckygoldstein9256 A lot of chinese economic growth is horseshit, at least in the last few decades. They don't let the economy run and tally it's size at the end of the year, they decide at the beginning of the year what the growth will be and they will achieve if they have borrow, cheat or steal. There are cities of empty buildings, bridges that have been rebuilt several times, to name a few examples.

[@robertcece6972]

I really think "socialism" is more stigmatized now than communism. Because socialism replaced communism, was used more broadly (to discredit anything pro-government) and when you use the word socialism you're almost admitting defeat of communism just by choosing that word instead of the REAL dirty word. Like when Bernie used the word "socialist" the right more or less laughed it off like "what a loser socialist". And I didn't hear any Trump supporters calling Bernie a "communist". But I SAW the left react and eat him alive like he was some evil communist. So really if Bernie comes back he should just say "communism". Stop hiding from communism with the word "socialism". It may sound stupid but I think half the battle is how you frame it & by framing it as communism I think the right would overreact so bad they'd embarrass themselves out of existence.

[@thomasmurphy9429]

Robert Cece I too would love to see the fallout of a Bernie endorsement of Communism

[@fruGOD]

Communism is the final step of socialism but I would label Bernie as a democratic socialist

[@Boozetowne]

Was His cell phone that went off during the talk, a product of Capitalism? Please advise!!!

[@jetlagged3645]

Fun fact, almost every component that makes your phone a phone came from PUBLIC FUNDING. Battery, Microchips, THE FREAKING INTERNET, all came primarily out of the tax payer's wallet. The costs of innovation are socialized, the benefit is privatized. Your parents and grandparents paid tax money to develop the Internet only for you to get endlessly bombarded with ads and have your personal information harvested for profit. Insulin was developed in a university and initially sold at one cent per dose, because it was a critical medicine that keeps people alive. Now it is several hundred dollars per vial, because private companies (aka capitalists) bought the patent and now hold it hostage by making minor changes to the patent that don't fundamentally change the product to prevent other people from making it for less. Capitalism is when iPhone has about the same basis in reality as Communism No Food, that is to say none. Oh and the former have tried (and failed) for to make the latter true for around about sixty years, turns out they can only succeed by overthrowing the government and installing capitalism.

[@luigicorvi1661]

I LIKE THE IDEA OF THE CO OP GREAT IDEA.

[@dinnerwithfranklin]

I think that a top tax rate of 100% would increase the manufacturing in america. Thom Hartman has an example of operating a business that was close to moving up to the next tax bracket (not remotely 100%) and to prevent that he expanded the business and hired more workers. Imagine the number of good jobs that would be added if the ultra wealthy all did that!

[@rutessian]

why not 110%? That would really show those rich bastard that they really need to get the fuck out of this hellhole as soon as possible. Of course, millions of jobs would be lost because production facilities would move with them, but who cares?

[@dinnerwithfranklin]

110% doesn't exist so I hope you were using hyperbole but maybe you are truly the moron you sound like. Labour without capital can labour but capital without labour produces nothing. They can leave but they can't take the facilities and materials now can they genius? Besides there are many avenues for the government to freeze their funds even overseas which I would also support.

[@ElisabethDevyt]

De spreker over de hedendaagse geschiedenis, lispelde over democraten. Hij was eigenlijk tegen dit principe omdat het toch niet bestaat en wou dit hen niet leren. Hij zei: "Zij die zichzelf dom vinden, wel, sta nu recht Eén meisje staat recht. "Wel, jij? vind je dat echt ?" "Ben jij dom?" Maar neen. "Ik vind het zo erg dat jij daar alleen staat.

[@SociallyTriggered]

Good presentation. I hate socialism but worker co-ops can work within a capitalism system. his analysis of Trump was correct in terms of what Trump would do but he was wrong about the outcome. The plans Trump put into play worked he reduced unemployment, increased wages, and at same time made corporations happy. Capitalists can make the world a better place as long as the government gets out of their way.

[@youtuber6185]

In a free capitalist economy you are free to create a Co-op. In a democracy you are not.

[@danclark2013]

The biggest problem with socialism is that people overestimate what their standard of living would be in such a society. People assume it would be equal to 80-100k salaries and free healthcare. When in reality, we would ALL be poor. If you can’t work your way out of a situation, how would you improve yourself? In Spain, OT is ILLEGAL. Opposing bailouts isn’t against the grain. Politicians are the only ones who are pro-bailouts. Capitalism would have removed the resource wasting banks that took horrible risks in lending. Just stating the problems isn’t a reason to go Marxist/Socialist. Every problem he listed was CAUSED by government. The LAST thing you would want is to give the government even more power.

[@gobblelevclass3nuclearsubm393]

the capitalist system would then crash without the banks

[@McFlurry448]

Can people please stop coughing and sneezing geez

[@paulkcormier]

calif success story --everyones leaving and no UHAUL trailers left ....BUILD BACK BROKE LETS GO BRANDON

[@lepidoptera9337]

Apple leaving? Google leaving? Facebook leaving? Not even Tesla is leaving. :-)

[@HansJrgenFurfjord]

80000 views and not a thousand subscribers? There you go having a logo that looks like it's WSJ. That's the whole explanation, that's why I didn't subscribe.

[@clarestucki5151]

People are born with massive inequality - inequality of talent, inequality of skill, inequality of ambition, but he can't understand that all those things inevitably produce inequality of income (productivity). He seeks to achieve equality of income, by forcing the more productive to share the the fruits of their labors with the less prductive, but the more productive are not willing. Greedy bastards, right?

[@raddison3187]

Just why does Prof. Wolff not have "oRganic coffee" somewhere else and get exercise, simultaneously, too?

[@azeton128]

Sorry, I love your videos, but the sound is unbearable.

[@jacobkoenen2319]

You people need to read Aleksandr Solzhenitsyn and then question the founders of your movement the likes of Croly, Dewey, Hegel, and Rousseau and then have a serious conversation amongst yourselves. After that conversation and you still have thoughts that the human race can figure all of this out then it's time to read Orwell, Huxley, Dofstoeske and Nitche. If there is still confusion then go to humanprogress.org

[@fruGOD]

Solzhenitsyn was an embellishment of Soviet history and is not true, you should review your sources before you make assumptions. Even his wife said that she didn't know why her husband word was taken as historical fact. I know why, capitalists are scared of the truth, power to the people