Global Capitalism: April 2015 Monthly Update, Richard Wolff

[mother earth]

Last edited Thu Apr 9, 2015, 12:18 PM - Edit history (1)

http://www.rdwolff.com

http://www.democracyatwork.info/


Edited to add: While Prof. Wolff's updates are always informative and important, I think this one in particular brings home the truth of what the new normal means. There is a distinct deterioration, and desperation and strife are part of that norm. Very potent is the opinion that what is playing out in Greece is part of what is similarly playing out here, and likely to get worst (i.e., Ferguson), social unrest comes with inequality, while the rich prosper during the worst economic times. All we have to do is look around, we see the changes everywhere. We feel the inequality growing, and EVERYWHERE, the root of that inequality is the same, predatory capitalism or feudalism, the serfs vs. the oligarchs.

Reform is unavoidable, and everyone can impact that change. I suspect the upcoming election will be different. Same old, same old does not bode well for our country.

[canoeist52]

1. Economic breakdown is the connnective thread that causes all the World's ills.

His best all-encompassing talk yet.

[mother earth]

4. TY, canoeist52, for your comments. I agree, one of his absolute best. nt

[swilton]

2. In short

he makes the linkages between economic breakdown and social collapse. There are signs of it everywhere.

[mother earth]

3. Quite right. I love his updates because he brings it all out factually, the signs truly are

everywhere.

TY to all those who watched the video.

Prof. Wolff is always enlightening, and so deserving of your comments and recs, and more.