Wolff Responds: Great Replacement Theory - A Critique

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RichardDWolff

RichardDWolff

2 жыл бұрын

In this Wolff Responds, Prof. Wolff critiques the “Great Replacement” Theory that is becoming more mainstream in right-wing ideology. Wolff argues that Republicans are partially correct-there has been a replacement-but they have the wrong targets. Since the 1970s, capitalists have been replacing expensive white, christian male workers in order to maximize profits by automating, moving production overseas, and exploiting immigrant workers. The right-wing, in order to protect capitalism, have made immigrants, women, people of color, and any minority group into scapegoats for white Americans’ anger. Both Democrats and Republicans need to stand up against capitalist interests and speak out about what’s really going on.
Wolff Responds is a@democracyatwrk production. We provide these videos free of ads. Please consider supporting our work. Visit our website democracyatwork.info/donate or join our growing Patreon community and support Global Capitalism Live Economic Update with Richard D. Wolff at / gcleu .
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Пікірлер: 489
@jjetta264
@jjetta264 Жыл бұрын
Everyone needs to hear this message. The TRUTH well spoken. Awesome message!
@joncumberbatch852
@joncumberbatch852 Жыл бұрын
@@PoliticalEconomy101 I think you should start asking yourself "am I wealthy enough to say that?" because I'm guessing your not unless you're a bored multi millionaire who if they have no interest and truly believe socialism is a crock of bullshit then your not showing much in the way of confidence and your wealth clearly isn't enough to bring you contentment
@bigman3274
@bigman3274 Жыл бұрын
@@joncumberbatch852 you're x2***
@robertbrandywine
@robertbrandywine Жыл бұрын
Dr. Wolfe completely neglected the fact that some Jews wanted to make other Whites a minority in this country because they feared the rise of a new Hitler. They often said so. Some older Jews still have this fear.
@jamiecaldwell4043
@jamiecaldwell4043 Жыл бұрын
Jetta, You're right. Everyone should hear this. But you can count on this: the Right Wing bots will scream that Richard is an evil communist, out to destroy America. Bernie Sanders is one of the few who are genuinely out to help people, and look how the Right has managed to demonize him. It's truly shouting into the wilderness.
@jamiecaldwell4043
@jamiecaldwell4043 Жыл бұрын
@@resonate9815 WHAT does that have to do with this vid?
@MrDayinthepark
@MrDayinthepark Жыл бұрын
Proff Wolff, hits the nail right on the head. In high tech, the H-1b was used to supercharge immigration to replace us, but he's absolutely correct, they have moved to using labor abroad, more than the H-1b now. Labor abroad is even cheaper. We now add employees from abroad, more rapidly than hire H-1bs.
@CynicalBastard
@CynicalBastard Жыл бұрын
Labor moves abroad...but then bourgeois come to the west. How do "marxists" not understand this?
@EvolutionWendy
@EvolutionWendy Жыл бұрын
right!
@melelconquistador
@melelconquistador Жыл бұрын
Remote work has been further normalized too.
@johnsmith-cw3wo
@johnsmith-cw3wo Жыл бұрын
@@EvolutionWendy you just need to work harder... PULL YOURSELF UP BY YOUR BOOTSTRAPS !
@NF-ru8on
@NF-ru8on Жыл бұрын
It's important to note: all those H1B workers in tech (in US) are treated like shit. Always working under the threat that they'll get let go and have there visa sponsorship taken away by the company. The 'off-days' are meaningless to them.
@Artak091
@Artak091 Жыл бұрын
Mr Wolff brings facts to the debate and immediately disarm "both sides" of the debate with the common sense solution.
@jtjurje357
@jtjurje357 Жыл бұрын
Agreed. Wolff has an extraordinary capacity for efficiently clearing away all the BS that's used to keep working people divided, and doing so in language that is accessible to just about anyone. This 8-minute segment will be required viewing before I waste another second arguing with colleagues and friends about China, "illegal immigration" or any other related topic.
@egbutler114
@egbutler114 Жыл бұрын
In a system were everything is for sale, our gov't has to work for the capitalist and wealthy classes. It's a built in structural flaw of Capitalism. This system has to go!
@michaeldugger6964
@michaeldugger6964 Жыл бұрын
👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏
@melaniel.s8990
@melaniel.s8990 Жыл бұрын
💯 yes it really has to go .
@distortiontildeafness
@distortiontildeafness Жыл бұрын
It won't go without us working and building a new one. Build dual power
@nicolasm400
@nicolasm400 Жыл бұрын
@@distortiontildeafness Yes build back the labor/coop movement, build back socialist parties from municipal to federal, and build independent media
@averayugen8462
@averayugen8462 Жыл бұрын
@@nicolasm400 Agreed. I love nature but the crickets are overpowering.
@xXREdWInDSXx
@xXREdWInDSXx Жыл бұрын
excellent take prof wolff. ive been trying to find these same words to describe who is REALLY replacing who. I grew up in the midwest, in areas that really got hurt badly once everything started going overseas. And my family and friends in that area are so easily racebaited they just drink the koolaid, without remembering it was some dude just like them that sold them out, not the person that just got to this country
@frankhassle9366
@frankhassle9366 Жыл бұрын
He's using a straw man to prop up his argument. He is correct that the republican party is controlled opposition, one meant to act as a pressure relief valve to ensure that their electorate don't actually find a political movement that would actually work on their behalf. The Third Position rails against the parasitic financial capitalists and this communist sympathizer of a professor, seeing that they are two sides of the same coin.
@rhlopez2694
@rhlopez2694 Жыл бұрын
I've been hearing about the "replacement theory" for at least 35 years by the news sources.
@EvolutionWendy
@EvolutionWendy Жыл бұрын
it's just there's nothing to replace because we are all genetically intermixed with superficial meaningless differences
@nicadi2005
@nicadi2005 Жыл бұрын
@@EvolutionWendy "it's just there's nothing to replace" - *Sure there is, Renee! Haven't you been listening to what Prof. Wolff said in this video (or - even better - spend some time carefully looking all around yourself)? The 'things' being replaced are high-wage workers...*
@pausereflect5911
@pausereflect5911 Жыл бұрын
@@EvolutionWendy White supremacists need to galvanize people, who identify as any shade of White, to fear their demize/replacement. It works and it works best on the poor.
@pierregibson6699
@pierregibson6699 Жыл бұрын
@@nicadi2005 ding ding ding….I have been telling this to people since Ross Perot but aye 🤷🏿…..the First to BE replaced were and is 👋🏿 and it’s all about Labor my $35/hr and my White coworkers $35/hr ARE both EXPENSIVE labor to our white boss
@NuisanceMan
@NuisanceMan Жыл бұрын
@@pierregibson6699 Ross Perot? The billionaire centrist?
@jackkadaka9020
@jackkadaka9020 Жыл бұрын
Just like Warren Buffet said, "there is a class war and we're winning". (Sick that that man didn't receive more flack when Wells Fargo was caught defrauding it's customers. Wouldn't it be nice that if we had a media who shunned criminals instead of glorified their ignobility?)
@nicholausbuthmann1421
@nicholausbuthmann1421 Жыл бұрын
Mixed feelings about Warren Buffet. I think he's way to cynical personally but, not a bad guy. Much like Bernie Sanders has stated.
@agfagaevart
@agfagaevart Жыл бұрын
@@nicholausbuthmann1421 5:44 You didn't see this part?
@0lAllan
@0lAllan Жыл бұрын
It's amazing how short peoples memories can be. I was born in 1980. I've watched my society do nothing but regress. Going through the old town (while always depressing) has do nothing but decay. We have been cutting taxes and deregulating for the 41 years that I have spent in this horrible world. Now I cannot stand to act in accordance with my society under these conditions. Then I get to absorb the blame for my perpetual state of impoverishment. Every time some maggot minded pragmatist blames a kid for living with their folks forever ignoring the social dynamic which hasn't changed in greater than 41 years. My peers are killing themselves by falling in line. I'm blessed to have a good family (good in the sense of the opposite of evil). So I happen to know that "tough love" isn't love at all. The true nature of love is to give not to take. And loveless abuse this nature. My life is over. Thank you for doing what you can to fight the evil tide Prof. Wolff. I wish I could kick something to you because I've watched you videos for years. And I think it good for people to become enlightened. But I'm a white, working poor, nonreligious pantheist . . . not that my race or theism isn't the issue. It's because I'm not ever going to do what they want of me again. Time is life. And I've already sold too much of it to people whom never appreciated it. Godspeed Dr. Wolff.
@robertbrandywine
@robertbrandywine Жыл бұрын
Learn to code! /s
@agfagaevart
@agfagaevart Жыл бұрын
@@robertbrandywine Then AI will take that job away!
@jillzy1182
@jillzy1182 Жыл бұрын
@@robertbrandywine what about those green jobs that were supposed to replace the jobs lost when Biden canceled the Keystone pipeline Did they get scholarships to learn how to code?
@skapunkoialternativeliving6522
@skapunkoialternativeliving6522 Жыл бұрын
You are so right my friend the problem is people are picking one side over the other side the Democrats order conservatives.. what they fail to realize is they are both sides of the same coin..
@tomgnyc
@tomgnyc Жыл бұрын
Companies MUST reduce cost by reducing wages to stay competitive. That's exactly the problem, and why capitalism has to go.
@PoliticalEconomy101
@PoliticalEconomy101 Жыл бұрын
Sounds like you need to learn basic economics because competition produces monopoly and inequality not more firms and equality.
@PoliticalEconomy101
@PoliticalEconomy101 Жыл бұрын
There is a game called monopoly. Just play it and you will find out. The game is modeled on capitalist competition.
@RogerCillion
@RogerCillion Жыл бұрын
@qwert y Lookup us standard oil... And what evil brings with capitalism. It's like the ring of power. One ring to rule them all and in the darkness bind them, only it's labelled money irl. Besides, there is no democracy at work or in capitalism.
@ggggloveking9419
@ggggloveking9419 Жыл бұрын
@@PoliticalEconomy101 When you play Monopoly, it's the lack of competition that creates the Monopoly
@PoliticalEconomy101
@PoliticalEconomy101 Жыл бұрын
False. The point of competition is to paradoxically eliminate the competition. Monopolies do not occur under cooperation
@rickb3650
@rickb3650 Жыл бұрын
When Fiorina took over HP, I saw the writing on the wall and moved on. The person who replaced me was replaced by someone in India for 2% of my old salary. HP was a great company and a great company to work for. It made superior products and paid its employees well while it made substantial profits. After that "Great Replacement", it made garbage products with a demoralized workforce and huge profits. When I started working for them it was almost impossible to get in because everyone worked there forever and they did their jobs better than anyone else in the industry. Within a couple years after I left, everyone worked there for a year or two as a temp/contractor before the next subcontractor fired everyone, and no one cared how they did their job.
@thekaxmax
@thekaxmax Жыл бұрын
That's what happens when profit-seekers treat all workers as fungible no matter the origin or background.
@rickb3650
@rickb3650 Жыл бұрын
@@thekaxmax I think this is what happened. Prior to the '80s/'90s, profit was the consequence of building a good business. Sometime in that time period, profit became the objective of building any business. When the goal is to build a good business, the people who work in that business are essential. When the goal is simply profit, the people who do the work are inconsequential. We have been sold on a fantasy system where the business itself is meaningless. You can make the shittiest widgets on earth, but if you can keep your share price high and going up, the widgets don't matter. You can even lose money making your shitty widgets so long as that share price keeps climbing.
@es-yy2cm
@es-yy2cm Жыл бұрын
HP did really make a lot of great stuff. Especially Scopes :)
@rickb3650
@rickb3650 Жыл бұрын
@@es-yy2cm HP was the gold standard before we took that hard right turn to stupid in the '80s. My dad & grandfather both made wish lists of instruments they might someday be able to justify (rationalize) buying. That era of nerds was probably why I switched from biology/medicine to computers in the first place. They were also probably why I took the job at HP in the first place. What's the old saying? Never meet your heroes.
@thekaxmax
@thekaxmax Жыл бұрын
@@rickb3650 check on the effect of the statement by Milton Friedmann regarding the primacy of the shareholder over all other entities involved in business. Evonomics is a good site to start in.
@billfrenger8955
@billfrenger8955 Жыл бұрын
Thank you Professor Wolff. They have also Replaced Government.
@JasonLastName
@JasonLastName Жыл бұрын
The way Wolff helps connects dots is paramount!
@corysimmons8995
@corysimmons8995 Жыл бұрын
“Western civilization is dying because it's tied into an economic system that was decadent a hundred years ago. This System was certainly the calculated creation of a specific minority class. The rise of the manufacturing class was not spontaneous. It is perpetuated beyond the stage of decadence in spite of fits of outrageous disorder. Its seemingly remarkable ability to return from crisis is not proof of natural durability. Rather it is proof of a destructive will to power at any cost.” George Jackson ‘Blood In My Eye’ (1972)
@EPaige-vq5yx
@EPaige-vq5yx Жыл бұрын
the folk that watch this channel aren't ready for George Jackson, lmao.
@corysimmons8995
@corysimmons8995 Жыл бұрын
@@EPaige-vq5yx exactly why I posted lol. This quote has been sobering to observe even now in this very moment
@jonas7510
@jonas7510 Жыл бұрын
I've been following prof. Woolf for years now , partly because of his usual polite, mellow tone . this angry , rapid fire tone is new to me (from him ) . but i guess it's fitting for a subject that has infuriated so many of us . and about nancy peloci's "we are all capatalists now" well in some asian languages , they have the decency to distinguish between an exclusive "we" and an inclusive one . . .
@thedopestshow5504
@thedopestshow5504 Жыл бұрын
Yeah lol he yells a lot on this channel
@Nine-Signs
@Nine-Signs Жыл бұрын
The words Pissed off and BullShit are no strangers to the good Professor my friend. Indeed I can only imagine the conversation that could be had regarding the stupidities of this world, if it were possible to have gotten Prof Wolff and George Carlin in a room together. Best wishes, x.
@jvcyt298
@jvcyt298 Жыл бұрын
Pelosi is a Corporate Democrat, she wouldn't be where she is otherwise.
@jonas7510
@jonas7510 Жыл бұрын
@@Nine-Signs oh yes, he"ll swear alright . but i think i sense a new level of anger , that's what i meant . i'm from the netherlands - foul language doesn't make an impression in and of itself .
@NF-ru8on
@NF-ru8on Жыл бұрын
"I'm gonna use a *technical term now" ~ proff wolf
@joeharsch4055
@joeharsch4055 Жыл бұрын
Wolff is a consummate "teacher"! Teaching facts as they are; allowing his "students" to teach what THEY learn.
@GhostOnTheHalfShell
@GhostOnTheHalfShell Жыл бұрын
One of the deepest ironies of US capitalism is that they have only focused on crushing wages and not even though of the cost of living in the US. Health care, education, food and housing prices set the cost of labor all made possible through global trade. This consideration was never made when promoting global trade, that business and the rich lost all incentive to give one fig over their own nation.
@jonas7510
@jonas7510 Жыл бұрын
maybe that's one of those "intrinsic contradictions" we keep hearing about ?
@michaelandrews4783
@michaelandrews4783 Жыл бұрын
This is the failure of Neoconservatives and Capitalists being allowed to offshore their labor while privatizing all government monopolies so the rich could get their hands on them cheap. Leaving the rest of us paying more for basic services with worse employment prospects
@thekaxmax
@thekaxmax Жыл бұрын
'Tragedy Of The Commons' is the term for this. 'Our profits, your costs'. Those complaining about 'Globalists' are railing against the wrong people.
@spoonikle
@spoonikle Жыл бұрын
Don’t forget the worst offender of all, Transportation. Your locked into your car, you need it to work and live. Insurance, registration, taxes, loans, fuel, repairs. tens of thousands a year down the drain to operate a death trap that chokes our cities and makes suburban “life” a desert - not a child in sight, nobody playing, nobody living, just rows of identical housing and a 30 min drive (3.2 hour walk) to the nearest grocer or farmers market.
@jimcrelm9478
@jimcrelm9478 Жыл бұрын
Education and housing got more expensive not because they got better quality, or became more expensive to produce. No, they got more expensive because of debt and surplus capital, two sides of the same coin. Prices are what the market will bear, what people can borrow, not what a fair price would be or what they cost fundamentally to provide. Even Adam Smith didn't regard land as a legitimate commodity. Healthcare costs, which are among the highest in the world often for poor outcomes, are another symptom of rentier capitalism and of markets which do not serve the people; also of financialisation and ever-growing debt. In other words, prices simply max out our ability to pay, with little relation to the actual costs of production of goods and services, if those costs are all traced back to actual tangible work.
@user-em6ie2be7x
@user-em6ie2be7x Жыл бұрын
Thanks for Laying out the Facts Professor Wolff.
@suzanneharris8339
@suzanneharris8339 Жыл бұрын
This video needs to be seen by all American high school students. For starters. Like, share, subscribe!
@taramaclaird9633
@taramaclaird9633 Жыл бұрын
Capitalists are so good at eating their own that their dinner doesn’t even realize whose menu they are on.
@hankreardon2764
@hankreardon2764 Жыл бұрын
Hear, hear!
@etep878
@etep878 Жыл бұрын
Beautiful breakdown. I wish was a UMass student so that I would have been able to take one of your classes.
@thekaxmax
@thekaxmax Жыл бұрын
take Robert Reich's free classes on youtube he's just released, same solutions from a moderately similar viewpoint. kzbin.infonj_hvlOvTfc
@Ted...youtubee
@Ted...youtubee Жыл бұрын
It gets better. My former company outsourced control centres to overseas. These people were, largely, very incompetent. Not all, but the majority. As a reasonably paid worker, they got rid of many local staff. Now they are bringing the jobs back onshore but at reduced wages. A brilliant employer strategy to circumvent redundancy rules.
@johnsmith-cw3wo
@johnsmith-cw3wo Жыл бұрын
you just need to work harder... PULL YOURSELF UP BY YOUR BOOTSTRAPS !
@canadiancitizen2732
@canadiancitizen2732 Жыл бұрын
Whenever I think life is getting too muddled and confusing, I listen to the good professor. It's the economic system that is the problem. End of story.
@corysimmons8995
@corysimmons8995 Жыл бұрын
George Jackson also pointed this out in ‘Blood In My Eye’ (1972): “Western civilization is dying because it's tied into an economic system that was decadent a hundred years ago. This System was certainly the calculated creation of a specific minority class. The rise of the manufachuring class was not spontaneous. It is perpetuated beyond the stage of decadence in spite of fits of outrageous disorder. Its seemingly remarkable ability to return from crisis is not proof of natural durability. Rather it is proof of a destructive will to power at any cost.”
@TheWindGinProject
@TheWindGinProject Жыл бұрын
Thank You! I have been thinking the same; the US worker / middle class was replaced long ago. HA!
@marywest6844
@marywest6844 Жыл бұрын
And they will be very happy to have people compete with the artificial intelligence models. They do not need to eat either. Thus on the way to we own nothing and they will be very happy.
@shadrackchabedi3447
@shadrackchabedi3447 Жыл бұрын
Thank you for taking the time to make this video.
@justmyopinion9883
@justmyopinion9883 Жыл бұрын
Thank you, Professor Wolff. Your wisdom is always appreciated.
@NikkyKnowsUNzs2001
@NikkyKnowsUNzs2001 Жыл бұрын
An austrian economist fan!1Thank you Rich for your economic work!Your knowledge is needed for a well rounded education in Sound "Thinking" economics!!!
@acedjgaming6779
@acedjgaming6779 Жыл бұрын
don't forget nafta also led to moving production overseas to east asia and mexico for cheaper labor. this led to the rust belt, etc . also, what do you think of ubi as a solution to automation?
@sonja4164
@sonja4164 Жыл бұрын
Exactly
@kevinschmidt2210
@kevinschmidt2210 Жыл бұрын
You can still hear that "great big sucking sound" echoing throughout America.
@thekaxmax
@thekaxmax Жыл бұрын
It's largely what it's for, apart from the social uses.
@BriarLeaf00
@BriarLeaf00 Жыл бұрын
As someone who lives beside a working waterfront this could not be more true. I've seen and heard of people being turned away from shipwork because, while they wouldn't work such a dangerous job for anything but a decent (not good, just decent) wage, central American immigrants are willing to do the same dangerous jobs for LESS than minimum wage. I want to be clear, this is an EMPLOYER problem not a worker problem. The failure of the labor movement to incorporate immigrants has allowed employers to essentially take exploitation to its furthest tolerable limits while pitting workers against each other using racism and xenophobia as two of thier main offensive weapons against the working class.
@randommetalfish
@randommetalfish Жыл бұрын
Well gollie this was fire 🔥 Thank you Dr.Wolff
@TheWindGinProject
@TheWindGinProject Жыл бұрын
Labor Party Now! Please! Labor Unions / Citizens standing together is the only chance for real change. What would be a better name than Labor Party? Maybe; The Citizens Party?
@ccpj0eyb319
@ccpj0eyb319 Жыл бұрын
🤮🤮🤮
@jamesoffer6758
@jamesoffer6758 Жыл бұрын
@@ccpj0eyb319 Thanks for the comment and view. Works well for Richard's algorithm 👍🏻. Appreciate the support!
@ccpj0eyb319
@ccpj0eyb319 Жыл бұрын
@@jamesoffer6758 glad to hear! Now more people can see how entitled losers without jobs want to steel even more money from taxpayers!
@ccpj0eyb319
@ccpj0eyb319 Жыл бұрын
How am I not surprised that the entitled loser thinking the world owes him something deleted my post 😂🤣😂 James can’t handle the truth or have a cohesive response
@emhu2594
@emhu2594 Жыл бұрын
Green party. Honestly you people are so ignorant. No need to reinvent the wheel. Just stop ignoring the obvious alternative
@reforest4fertility
@reforest4fertility Жыл бұрын
Smash the like button hard on this one & share widely, as oft' said on live streams. Thank You so much, Richard, from me, a CDN.
@drphilgood05
@drphilgood05 Жыл бұрын
Great analysis Prof Wolf!
@galaxybounce82
@galaxybounce82 Жыл бұрын
As an IBEW UNION local 332 member I have to second this.
@TexasRiverRat31254
@TexasRiverRat31254 Жыл бұрын
“Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power” ― Benito Mussolini. From a man that would know a little about it. Divide and rule has always worked well.
@thekaxmax
@thekaxmax Жыл бұрын
Yup. It's capitalists outsourcing govt cos it's not cost-effective for them to run the state themselves.
@linzierogers5024
@linzierogers5024 Жыл бұрын
Preach on brother Wolff. Slay them with the truth. Money in politics is the problem and the right wing has been accepting it, as well as many Democrats, while deflecting the blame elsewhere.
@georgekostaras
@georgekostaras Жыл бұрын
Thanks for your clarification
@antsleepless
@antsleepless Жыл бұрын
It just amazes me that most Americans don't realize the two political parties are virtually the same. The only real difference is when it comes to social issues, I understood that back in early high school. Thankfully more & more people are realizing it but it might be too late.
@johnsmith-cw3wo
@johnsmith-cw3wo Жыл бұрын
yes... republicans want to murder black people, democrats only want to exploit them...
@Octoberfurst
@Octoberfurst Жыл бұрын
Spot on commentary as usual! I wish every American would watch this video!
@victorsempiana7590
@victorsempiana7590 Жыл бұрын
Mr. Wolff I would be very happy as your on line student, I must say,, you have open my eyes since 2015 when I first was introduced to D@W hear your lecture on socialist for dummies,, I am 61,, anyway I would love you to interview Prof. John Mearsheimer on political science how his American Hegemony relates to economics
@b.d.hampton
@b.d.hampton Жыл бұрын
As always, great content. By the way, your looking good and healthy, Professor. 👍
@Rossion64
@Rossion64 Жыл бұрын
Totally correct. Thank you!
@elainegoad9777
@elainegoad9777 Жыл бұрын
Prof Wolff you are the best teacher !!!!
@kcottone
@kcottone Жыл бұрын
Democrats should be repeating this stuff 24/7 every time they're on TV or being interviewed. Of course that would actually involve the democrats supporting working people and not being bought and paid for by corporations so I'm not holding my breath.
@terriej123
@terriej123 Жыл бұрын
And it would require them to denounce capitalism, which they’re definitely not going to do.
@johncalla2151
@johncalla2151 Жыл бұрын
Immigrants overwhelmingly vote for Democrats, something like 2-to-1, and the only group that Democrats struggle with are whites. So why would Democrats be against it? There are so many states that are solidly blue now because of demographic changes.
@pwesiti
@pwesiti Жыл бұрын
I absolutely love your content and your perspective on this is apt. Unfortunately as a Jewish person not one person who believes in the replacement theory earnestly will listen to a word you say.
@frankhassle9366
@frankhassle9366 Жыл бұрын
Barbara Lerner Spectre has publicly stated that in order for Europe to survive, it has to undergo a radical, multicultural transformation. And Jews will be at the center of said transformation, and because of it, will face scorn and resentment. Your thoughts?
@jptugagmr
@jptugagmr Жыл бұрын
Simply put. Thanks for the clarification
@merbst
@merbst Жыл бұрын
Thanks, Prof Wolff, for exposing the replacement of workers, but I see a 4th layer of "replacement" besides the 3 you mentioned, which is the replacement of production with non-production of a service based economy or monopoly pricing, corruption, and other market failures!
@josephmercel1146
@josephmercel1146 Жыл бұрын
"They" want us to believe to a "race" struggle when it's a class warfare, a classic divide and rule. *divide et impera, Phílippos II (King of Macedonia 359-336 BCE).
@silverrush3482
@silverrush3482 Жыл бұрын
I agree with this and you in pretty much everything you say Mr. Wolf. Your videos are very well explained. When you present a video, can you add in a recent bill or two that supports your words, or can someone else? That for me would point in the direction of were I can read and explain to others. Thanks.
@Danny-hj2qg
@Danny-hj2qg Жыл бұрын
Remember what the Neo-Nazis were yelling in Charlottesville?
@paulmoore-LPC-LMFT-NCC
@paulmoore-LPC-LMFT-NCC Жыл бұрын
This was so needed!!!
@frank124c
@frank124c Жыл бұрын
Very good video, very good explanation.
@gxulien
@gxulien Жыл бұрын
I believe you misspoke. The shareholders hold a gun to the board and management time maximize shareholder value as you have observed before. In accounting, we call job loss and tax revenue loss to the government that struggles to fund services "externalities".
@user-xq8qx6bg2j
@user-xq8qx6bg2j Жыл бұрын
Enlightening as usual👍❗️
@dorianphilotheates3769
@dorianphilotheates3769 Жыл бұрын
Very well done, as always, Professor Wolff.
@davidwyman8946
@davidwyman8946 Жыл бұрын
Great clarity as always, especially about the (Corporate) Demz
@KD-rv5uo
@KD-rv5uo Жыл бұрын
I find that both parties have sold out for their own benefits and our economy has now become a self hoarding economy. More corruption & power with little to do about future gens or well being to solve for the betterment of humanity.
@vilaintrolltrollinsky8007
@vilaintrolltrollinsky8007 Жыл бұрын
You are so right, we love your works.
@nicholausbuthmann1421
@nicholausbuthmann1421 Жыл бұрын
Thank You As Always There Professor Richard Wolff.......For taking these "DUMMIES" to task !
@unclephil440
@unclephil440 Жыл бұрын
Great stuff !
@victorsempiana7099
@victorsempiana7099 Жыл бұрын
I would love to hear you talk with Mr mirasheimer the political science professor on economic system based on his theory of American hegemony,,
@geraldmeehan8942
@geraldmeehan8942 Жыл бұрын
Excellent analysis from the master, prof Wolff
@alistairkentucky-david9344
@alistairkentucky-david9344 Жыл бұрын
So if the introduction of large numbers of ethnically diverse immigrants blunts labor solidarity, should not the left be opposing this? Should not everything be done which can unite the members of the working classes?
@thekaxmax
@thekaxmax Жыл бұрын
absorb those immigrants into your labour movement, as is done as much as possible.
@johncalla2151
@johncalla2151 Жыл бұрын
I believe it was Amazon that let a cat out of the bag (not sure if it was leaked or what) where they said they encouraged immigration and diversity because it made labor solidarity and unionizing far more difficult. It's true that diversity and unity are contrary concepts by definition, so it does make plain sense.
@Mageroeth
@Mageroeth Жыл бұрын
You finally have a take i agree with mr. Wolfe.
@jsaintclair1
@jsaintclair1 Жыл бұрын
I've agreed with all his takes!
@aromaofhope
@aromaofhope Жыл бұрын
Tell it like it is, brother. Thank you.
@richarderwin2369
@richarderwin2369 Жыл бұрын
Good video.
@shanesambo5633
@shanesambo5633 Жыл бұрын
Wolff is a money God. Thank you for this priceless videos Wolff
@phyllisjackson4322
@phyllisjackson4322 Жыл бұрын
Repeatedly, political and cultural issues need to be examined by the simple adage of "follow the money".
@chriswestwood3289
@chriswestwood3289 Жыл бұрын
Unfortunately, only few can think. Politicians won't think and just to make noise
@TheRadicalCentrist.1776
@TheRadicalCentrist.1776 Жыл бұрын
3:17 Well...someone is requiring them to do it: the consumer. Why do anti-capitalists consistently miss the single most imporant actor in the free market? It's the consumer making companies drive down costs. And it's not for profit. The average profit margin is 3%, and in any given year across time, about 1/3 of companies operate at a loss. It's the consumer making the companies do it. The consumer is king!
@thekaxmax
@thekaxmax Жыл бұрын
Garbage. The consumer pays the price the corps charge, because most of them are monopolies or close to it--and when they aren't they collude on prices. If the consumer was in charge the profit margin on car fuel would be 1%, not what it actually is, and it'd cost 2/3 what it does now worldwide.
@claytonfraley1580
@claytonfraley1580 Жыл бұрын
"It's because of the consumer" is just bullshit capitalist corporations feed the working class to shift the blame for their actions.
@D-Havoc
@D-Havoc Жыл бұрын
@@thekaxmax The consumer isn't forced to consumed, their own gluttony does.
@thekaxmax
@thekaxmax Жыл бұрын
@@D-Havoc no, the requirement to be able to travel to work is forcing them to pay the monopoly prices, for fuel. A monopoly price means the supplier is in charge, so it /cannot/ be the gluttony of the consumer.
@Crystal-po9we
@Crystal-po9we Жыл бұрын
Very well explained
@kennytheclown3859
@kennytheclown3859 Жыл бұрын
Richard Wolf telling the truth, as always.
@kantovagrant3194
@kantovagrant3194 Жыл бұрын
I could listen to this guy for hours.
@dorianphilotheates3769
@dorianphilotheates3769 Жыл бұрын
As a white male Christian, I think it’s high time that I was “replaced”. My only gripe is that I won’t be able to move out of my parents’ home by my 75th birthday next month, as planned. Oh, well, maybe at eighty...
@skapunkoialternativeliving6522
@skapunkoialternativeliving6522 Жыл бұрын
So what's happening that turning the poor and working-class against each other and if he's working greatly as you can hear in your comments that certain people are fighting each other for the same jobs.. I'm glad I work on myself working for yourself is the way to go..
@thekaxmax
@thekaxmax Жыл бұрын
worker co-ops, as he's discussed before. Far better if something goes wrong, you have a support mechanism. Working solo, it's really easy to go bust with one thing going wrong.
@skapunkoialternativeliving6522
@skapunkoialternativeliving6522 Жыл бұрын
@@thekaxmax it depends on your business actually if you run your business right you won't have a problem I never had a problem I've been doing it for 20 years
@thekaxmax
@thekaxmax Жыл бұрын
@@skapunkoialternativeliving6522 that's you up to now. What would happen if you were in a car accident and couldn't work for 6 months?
@thekaxmax
@thekaxmax Жыл бұрын
@@skapunkoialternativeliving6522 tell that to the tens of thousands of small businesses in each country that fail every year through no fault of their own.
@BanjoInKorea
@BanjoInKorea Жыл бұрын
Right on, Bro. ;)
@stephenwallace8782
@stephenwallace8782 Жыл бұрын
This is awesome.
@davidbothwell9669
@davidbothwell9669 14 күн бұрын
Great piece on American politics, I would retort though that the "great replacement theory" was actually made for the European stage. What is happening in Europe is that the ancient population of Europe who have lived there since the dawn of time are being ethnically replaced in their homelands by overwhelming waves of mass immigration from Africa and the Middle East. Take the UK as an example....in 1950 London was over 98% white native, a city which can trace its roots and people back at LEAST 1500 years and is now only 35% white British. The same is true for most major cities in England, the native population has been REPLACED by the non native immigrant population from the middle east mainly. This has happened in a shockingly fast time frame, essentially 20 years and if trends continue as they are its highly likely that the native white Brit will be a minority on their own island by 2040. I would argue this has nothing to do with "capitalism" and that there is another force at work here.
@rogerhull5632
@rogerhull5632 Жыл бұрын
Right on.
@paulvandijck6476
@paulvandijck6476 Жыл бұрын
Brilliant!
@yes3443
@yes3443 Жыл бұрын
Blaming poor immigrants is the OLDEST trick in the book.
@thekaxmax
@thekaxmax Жыл бұрын
unless you're the Jews and blame people for inhabiting 'your promised land'. Same with the first American settlers.
@johncalla2151
@johncalla2151 Жыл бұрын
I don't think people are blaming "poor immigrants" though. I think they're blaming the people who are intentionally bringing in massive numbers of "poor immigrants" knowing that it's causing an unworkable, tumultuous situation in the country.
@yes3443
@yes3443 Жыл бұрын
@@johncalla2151 well, it's not so why ponder.
@realpainediaz7473
@realpainediaz7473 Жыл бұрын
Why not? Been blaming blacks for everything wrong under the son for the longest time!
@carolynforge8586
@carolynforge8586 Жыл бұрын
No, blaming African Americans is.
@mikeobrien288
@mikeobrien288 Жыл бұрын
AMEN. Lived the consequences of what your talking about my whole working life.
@liennnamenhab3631
@liennnamenhab3631 Жыл бұрын
Great Replacement Theory is true in so far that in a globalized world eventually there will be no races, only Earthlings. This, I believe, will be a wonderful development in the evolution of our species.
@thekaxmax
@thekaxmax Жыл бұрын
but, as noted, it's still backwards.
@D-Havoc
@D-Havoc Жыл бұрын
Very moronic and destructive of the unique genomes in humans for a blanket homogeneity. Talk about delusional.
@johncalla2151
@johncalla2151 Жыл бұрын
So why do you hate diversity?
@rafaelvazquez7465
@rafaelvazquez7465 Жыл бұрын
preach
@padmanabham.suresham
@padmanabham.suresham Жыл бұрын
Scream sir scream. Scream for us. We dont have a voice at all. I will pray for you.
@GrandmaCathy
@GrandmaCathy Жыл бұрын
Now explain why they opted for low-tech, low-wage outsourcing instead of automation? We could automate almost everything. Oligarchs have chosen not to. Ref. David Graeber.
@GrandmaCathy
@GrandmaCathy Жыл бұрын
@@resonate9815 Returning to the stone age is not the answer. Progress is going to happen one way or the other eventually.
@cockoffgewgle4993
@cockoffgewgle4993 Жыл бұрын
I don't know how relevant "white" and "male" are. Sex and racial equality has existed for decades now. Jews and Asians make more money than whites, and females make at least as much money as men before they drop out of the workforce to have babies. Immigration absolutely drags down wages, which is why corporations and business love it. You should also take about it from a government perspective. Governments love it from an economic perspective as well. An immigrant comes in, usually, at working age (and often leave when they retire)-- whereas people born here have to be supported for 18 years before they start contributing.
@CynicalBastard
@CynicalBastard Жыл бұрын
All this, and high taxes, make for good business. [...]
@user-pq1ik1vo1s
@user-pq1ik1vo1s 11 ай бұрын
He has been speaking on the top of his secrets so we also talk to others in the topic at about themselves adore
@petestanton1945
@petestanton1945 Жыл бұрын
Sounds like everyone agrees that workers were replaced & how, but not about by whom & why
@thekaxmax
@thekaxmax Жыл бұрын
well, yes. The corps don't want you to know who's doing it and how, cos it's them.
@jjbwoy
@jjbwoy Жыл бұрын
FACTS 💯💯💯💯
@angieavery2823
@angieavery2823 Жыл бұрын
PREACH!!!!
@cinemaipswich4636
@cinemaipswich4636 Жыл бұрын
I may point out that the Aboriginal Americans once thought that they could trust the government to honor agreements with them. Nearly all the people of the USA decided to screw them, because greed is good.
@missj.4760
@missj.4760 Жыл бұрын
Combine what is shared in this video with what Barbara F. Walter says on how civil wars began and get terrified about the future.
@cosmicmusicreynolds3266
@cosmicmusicreynolds3266 Жыл бұрын
right on the button professor wolff, lets replace capitaliism soon as we can
@lealyan
@lealyan Жыл бұрын
👍
@ShamanartsFlorida
@ShamanartsFlorida Жыл бұрын
👍👏
@mauibill7233
@mauibill7233 Жыл бұрын
A few years ago, Trump was embarassed by the Chinese, who he invited to set up a high tech factory in Wisconsin or Minnesota, I think. The Chinese backed out of the deal because they said the labor costs were too high. They suggested that the government should subsidize health care, housing and other things like they do in China, so they could pay their workers less. This was an eye opener for me.
@johncalla2151
@johncalla2151 Жыл бұрын
Very interesting point. The public taxpayer should pay for healthcare, etc. so the corporation wouldn't have to pay a living wage. Another angle hardly discussed.
@user-lh7mp4jg4o
@user-lh7mp4jg4o Жыл бұрын
just like marx said, capitalists pay worker neccesary living money
@ComradeJean
@ComradeJean Жыл бұрын
That's a great response prof Wolff. But I would like to know what you think of the great replacement theory that the right-wing is talking about. Does it make sense? Great video.
@kcottone
@kcottone Жыл бұрын
He made it extremely clear what he thinks about that theory. Yes, people's jobs have been and are being replaced. No, it's not a "jewish conspiracy" or a plot by Democrats to import new voters and secure a permanent majority. The driving force was capitalist business owners seeking more profit by any means necessary, so they reduced labor costs through automation, shipping jobs overseas, and (to a much lesser extent) hiring cheaper immigrants. The right-wing version of the great replacement theory was designed specifically to create scapegoats in an effort to deflect the anger of those who were replaced so they go after a relatively powerless group of poor brown people instead of the rich assholes who actually did the replacing.
@ComradeJean
@ComradeJean Жыл бұрын
@@kcottone Thank you for making it clear for me.
@bradbell4022
@bradbell4022 Жыл бұрын
🔥
@michealklee8844
@michealklee8844 Жыл бұрын
Union strong 💪🏽 stand in solidarity ✊🏽🇺🇸
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