"late stage capitalism did this"! capitalism can create many problems: brutal boss / worker hierarchies, unfair wages, etc it's up to politicians to make basic regulations to fix that. the proper solution to getting real political representation is to decentralize the government by shrinking and disbanding it, from there it's much easier to force accountability. the more centralization of power = the higher the epidemic levels of corruption. socialists want to control and centralize EVERYTHING. not only would they take over the bloated, corrupt government INCLUDING INTELLIGENCE AGENCIES, but they'd also take over the education system, the monetary system, etc. The UPPER LEVEL SOCIALIST GOVERNMENT (not workers) would control and regulate all businesses. All that centralization of power and it's gonna be some kind of utopia with no corruption huh? LOL!! These systems have been disastrous in the past so why should anyone listen to this unhinged madman Wolff who makes excuses for the war crimes of Mao? If he had his way half your family would be killed or thrown into political prison as "capitalist traitors", "enemy of the state". Be careful what you wish for.
Through all 3 economic crashes since 2000, all the major US industries were, in the end, after the bailouts etc., hardly affected. In fact, CEOs in Wall Street got a bonus after the great recession. Even the military industry - that is least involved with domestic affairs - has performed spectacularly well. Even now, after a 20 yr war - the military is pushing hard to antagonize Russia and China into a conflict, while intending to support Israel against Iran. It even thought of invading Haiti, to say nothing about the ongoing cyber war in Cuba
We need a new system in the United States (US). A system that could represent 100% of US citizens. A system that is genuinely democratic. A system that, above all, democratizes the work place. If it’s broken, fix it. Let’s organize, and make the US work for everybody. If it is not for everybody, it isn’t democracy! It is only democracy when it is for everybody!
Can u tell me how value is added to any economic system on a macro level? Basically what actually creates economic growth? I truly believe most socalists do not know this and it causes a major flaws in their thinking on how to manage an economic system.
@@stuckinthemud4352 money flowing up is MUCH more economically sound than trickle down. it's actually been proven multiple times that trickle down DOES NOT WORK! even the real Gordon Gecko has said this.
@@RKZX2 can u tell me how value is added to an economic system on a macro level just curious? most socalists pay very little attention to how to grow an economy or what leads to an economy shrinking. All yall can think about is its not fair.
@@stuckinthemud4352 True. Socialists think of redistribution vs. growing the economy. Capitalists grow it so there's more for everyone. Socialists just want to move around what's already there.
Every time I listen to professor Wolf it makes me really miss occupy Wall Street. We truly had some of the greatest mines of our generations including Chris hedges, the great Dr Cornell West and many more. The teachings as well as the teachouts were epic. And we always had Ben Cohen to give us some delicious Ben & Jerry's every time we came back from a March. Good times!
All American presidents use keynesian monetary policy to minimize disadvantages of capitalism. Sometimes they shorten taxes, sometimes they raise spendings, but in the end that have the same effect. As a person from Poland I really don't see the difference between Democrats and Republicans... Both are capitalists! I see that for Americans all people who are not super enthusiastic about markets are socialist, that is absolutely ridiculous. Sadly in Poland we also have radical right-wing party that thinks the same. These days capitalists are more scared of losing power than ever!
Socalisum is a utopian idea that has never ever been successful. The road to hell is paved with good intentions. Give me one good example of socalisum working?
Speaking of facts can u tell me how value is added to an economic system on a macro level just curious? most socalists pay very little attention to how to grow an economy or what leads to an economy shrinking. All yall can think about is its not fair.
@@stuckinthemud4352 Look at what Franklin Roosevelt did, the new deal and the Brettton Woods system, that is mentioned by serious socialists as baby steps towards a better society and economy. And there is nothing that would prevent that from working nowadays as well as it did in the past.
@@amyadmirer not sure what your point is? I would love it if our currency was backed by gold but i dont really know allot about the intricacies of the britton system. I dont like the centralized power aspects if it. Honestly i wish all currencies were backed by gold or some other rare mineral. but that's wishful thinking. The new deal was crap and didn't do anything. our economy didn't get better until after the war.Turns out if u bomb all the worlds factories and none of your country's factories get bombed u have a huge economic advantage that creates massive growth. Honestly if u want to discuss economics with me pass the intelligence test. Im not going to waste my time discussing economics with someone who doesn't understand basic economics. Its like trying to explain algebra to someone that doesn't know basic math. Its kinda important to know how value is added or removed turns out that value is important when designing an economy. Can u tell me on a macroeconomic level what adds value and or removes value. If u cant please please please learn.
@@stuckinthemud4352 It depends a lot on what sort of economics you were taught. Ignoring economic justice is a great mistake in my opinion, since those in power, as poticial power is accumulated more and more through wealth accumulation, start to change economic policy in ways that generate the problems we are now discussing, which is not only a growth problem, but a wealth redistribution problem as well. If you havent already, take a look at Yanis Varoufakis's analysis, and his new book, another now. If you dont think its a good critique and suggestion, then well.. we might have a difference in our political philosophies
@@amyadmirer lol this is not a philosophical question or a question specific to any type of economy. Im asking you if u actually know how value is added or removed from the system as a whole forget justice or capitalism vs socalisum lets start with the basics. HOW IS VALUE ADDED OR REMOVED.
As Obama said, there really isn't much difference between Republicans and Democrats, we agree on most things...keeping the money flowing to the wealthy
If you really understood MMT, you would know that the size of the federal deficit isn't as big a problem as what it is used for. If you understood the Fed, you would know that the President has little control over it. Back to MMT, the debt of currency users is a problem, whereas the debt of a currency issuer needs to be judged by completely different standards. (You have to be kidding us with that hat :-)
Since capitalism requires production and by your own admission, actual U.S. production has decreased by 75% since its peak (1950 ) from 40% of the economy to 10%...while all of the "socialist demands" made to FDR have produced adverse consequences and have failed miserably ( social security, min wage, Medicare, Medicaid, welfare ) while increasing government bureaucracy and public sector unions, while the fiat/inflation which began in 1933, made all of it "inevitable"...it is clear that "socialism" is responsible for the present, and that the idea of "central planning" ( by the government ) is NOT the solution. BTW China became aware of the error of "collectivism" thru the revolt of "peasant farmers" who decided to assign themselves "individual holdings" ( private property ) which allowed them to reap the fruits of their own labor...rather than the fruits of their "collective efforts"... and since this "system" ended up producing far more as a result...this began China's transition to a "productive economy". Marxism runs contrary to "human nature"...and while the "exploitation" myth is emotionally appealing...capitalism did not produce the worker revolt, Marx had predicted or expected, since the standard of living of the "exploited" constantly improved. Collectivism, like government, requires FORCE.
Thank you so much professor wolf I have family members that don't speak to me because of Obama in my opinion did absolutely nothing more bad than good just my opinion thank you
The debt load is too great. CB can’t even play with their ponzi scheme usi;g interest rates to “manage the money suppply” rates which make no sense in “inflation” which is supply side driven. Investment to expand capacity is needed. Raising interest rates is nonsensical. Global supply chains can only be altered with huge investment and takes a decade to deploy. The US a in particular needs coordinated national action to grapple with domestic supply chains. Not gonna happen. Everything is split over municipally run ports and logistics split over a dozen services.
Forbes updates their list of billionaires - a record 2,755 on the planet this year - daily. On September 1, 2021, Elon Musk was worth $190.7 billion. Today, November 4, 2021, Musk has assets of $316.5 billion. His wealth increased these past two months by $125.8 billion. Did your financial situation improve? Mine, neither. What do you suppose Mr. Musk is going to do with his big wad o' dough? Live austerely (simple and unadorned)? P. S. Der Hut hab' ich gern.
sounds like you're jealous because you don't have Tesla stock. but don't cry about it. in America, everyone can rise up and do well for themselves, you included.
@@VivaCatatumbo973 sounds like you're jealous too. I don't care what billionaires and I'm not sure why you do. I care about what I have. If you don't have enough, you can sit and cry/gripe or go out and make more money.
Professor Wolff, can you please research & advocate for full intellectual property (IP) abolition? This is the most important activist aim for working class people! A just economy (& most leftist projects) has very little chance without first abolishing IP. IP is the most severe & oppressive tool of the rich & powerful. Please see the work of Stephan Kinsella, Michele Boldrin, & David K. Levine. These are the best experts on intellectual property in the world. Everyone who cares about seriously improving things for humanity needs to know what IP abolition is about.
IP laws make no sense from either left or right politics. The ‘property’ in intellectual property is a false term used for propaganda purposes. Intellectual property is not property in any sense. It’s monopoly. IP actually stifles innovation & creativity. IP also is the main component of cultural control, propaganda, and advertising. And IP seriously screws up our economy & stacks it for the rich & powerful more than any other tool (especially IP with digital tech and the internet). IP abolition is the most important aim to liberate artists, programmers, inventors, etc. and make them all better off financially.
The 2008 economics book ‘Against Intellectual Monopoly’ and the 2001 essay ‘Against Intellectual Property’ are both as important as Marx’s ‘Capital’! Each has nearly flawless argumentation. All leftists need to read both (free online). If you can’t read them now, then write down both titles so you can tell others so they can read them
NOTICE: To the extent I have any copyright in the comments in this thread, I relinquish those rights to the public domain according to the CC0 license-Signed, /s/ PN. ->Before we abolish IP, everyone use the CC0 license for all types of works (including software) when you’re not in need of money or there if there are no buyers for your copyright-monopoly. Also, as the author you can always ask for donations with crowdfunding even if you no longer have the copyright-monopoly
Wrong lol it is the people as a whole that keep the system in tact year after year. Base and super stucture works hand in hand. So, you can quit the blame game while not mentioning the society as a whole.
Yeah, you can say that by ignoring propagandistic PR and advertising assault on the American people. You're ignoring an entire multi-billion dollar industry whose prime purpose is to manipulate how we think.
Maybe it's time we try Independents. But I don't think I will ever hear that solution and support out of the wolf man's mouth. We all know what the problems are we need real supported solutions. Independents HQ USA.
Heres a list of things yall should know before you even remotely try and have a conversation about designing any economic system. it blows my mind how many socialists are uniformed on basic economics and taxation. Do me a favor read the list and learn about all that stuff before you listen to someone like Richard wolff. How value is subtracted from an economic system on a macro level. How value is added to an economy on a macro level. How Progressive tax systems actually works. ie how income is actually Taxed How corporations are taxed and the difference between a type c and type s corp ( corporate taxation) How when and why stock market gains are taxed ( capital gains ) How countries like Denmark actually tax people How countries like Denmark tax buisneses The difference between wealth and income World GDP per capita What GDP actually represents Seriously if yall don't know about these things you cannot even remotely make an informed decision on how to run an economic system. Or even remotely grasp what is actually happening with taxation. seriously if u cant look at a tax bracket chart and have a rough idea of what people pay in taxes shut the fuck up about taxes. If u cant understand what and how capital gains are taxed shut the fuck up about taxes. If u cannot tell me what percentage of your income taxes u paid last year shut the fuck up about taxes. If you dont know how value is added to an economic system shut the fuck up about how to design an economy. It amazes me how many of yall will jump on the bandwagon without even understanding basic economics and taxation. Obviously I'm looking for a conversation with a socialist but I would like to argue with someone who is informed not a child that just thinks the world isn't fair.
System fails whether you believe in capitalism Socialism or communism.. they all failed and successful at the same time depending on who you talk to not to mention people have benefited from all three systems was it what you agree with it or not..
Actually capitalism does look and so does socialism.. whether you like it or not both systems are intertwined each other in America.. become get rid of one without the other it's that simple..
lol you and your simple simon comments. Nowhere in USA is capitalism entwined with a system (socialism) which gives common ownership of the means of production or returns all surplus value back to the people who created it, the workers. Bro, do you even watch Wolff? "Socialism is when the government does stuff" is one of the biggest memes of all time.
@@krex9853 you got it wrong my friend there is socialism that's the point of making socialism is an American whether you like it or not it is here just like capitalism both entwined yes..
Yep, U.S. President is putting most energy into saving the system that rewards the rich. It's increasingly obvious to all. (Great Cap!)
"late stage capitalism did this"! capitalism can create many problems: brutal boss / worker hierarchies, unfair wages, etc it's up to politicians to make basic regulations to fix that. the proper solution to getting real political representation is to decentralize the government by shrinking and disbanding it, from there it's much easier to force accountability. the more centralization of power = the higher the epidemic levels of corruption. socialists want to control and centralize EVERYTHING. not only would they take over the bloated, corrupt government INCLUDING INTELLIGENCE AGENCIES, but they'd also take over the education system, the monetary system, etc. The UPPER LEVEL SOCIALIST GOVERNMENT (not workers) would control and regulate all businesses. All that centralization of power and it's gonna be some kind of utopia with no corruption huh? LOL!! These systems have been disastrous in the past so why should anyone listen to this unhinged madman Wolff who makes excuses for the war crimes of Mao? If he had his way half your family would be killed or thrown into political prison as "capitalist traitors", "enemy of the state". Be careful what you wish for.
I wish more people would see the obvious but the majority of people worship capitalism and the tyrants that run it.
Through all 3 economic crashes since 2000, all the major US industries were, in the end, after the bailouts etc., hardly affected. In fact, CEOs in Wall Street got a bonus after the great recession. Even the military industry - that is least involved with domestic affairs - has performed spectacularly well. Even now, after a 20 yr war - the military is pushing hard to antagonize Russia and China into a conflict, while intending to support Israel against Iran. It even thought of invading Haiti, to say nothing about the ongoing cyber war in Cuba
We need a new system in the United States (US). A system that could represent 100% of US citizens. A system that is genuinely democratic. A system that, above all, democratizes the work place.
If it’s broken, fix it. Let’s organize, and make the US work for everybody. If it is not for everybody, it isn’t democracy!
It is only democracy when it is for everybody!
Actually 99%. the 1 percent have no problem supporting themselves.
Can u tell me how value is added to any economic system on a macro level? Basically what actually creates economic growth? I truly believe most socalists do not know this and it causes a major flaws in their thinking on how to manage an economic system.
@@stuckinthemud4352 money flowing up is MUCH more economically sound than trickle down. it's actually been proven multiple times that trickle down DOES NOT WORK! even the real Gordon Gecko has said this.
@@RKZX2 can u tell me how value is added to an economic system on a macro level just curious? most socalists pay very little attention to how to grow an economy or what leads to an economy shrinking. All yall can think about is its not fair.
@@stuckinthemud4352 True. Socialists think of redistribution vs. growing the economy. Capitalists grow it so there's more for everyone. Socialists just want to move around what's already there.
The cap - almost a Lenin's cap. Good video as usual.
A few years ago he had a growth removed from the top right of his head.
I suspect he had another removed.
Thank you. I been knowing this since high school
Thank you 🌎✊️🌹🗽
"Watch the money."
"This is Dr Richard Wolff wearing a cap"
He has a booboo on his head, I hope he is okay. I was him on another show just few days ago.
Yeah; I saw him on The Zero Hour show the other day & he had a bandage on his head. I think he’s trying to cover it up.
And tomorrow I hope he will be wearing that yellow vest instead of having it hang on the wall.
Can't focus on anything else
@@jeffbrewer1580 same lol
Excellent analysis, Prof: love the cap❣️👍✌️
The hat totally works on Professor Wolff
Thanks Dr. Wolff! Loved hearing your accurate analysis on Jimmy Dore!
Me as well but you know fuckk Jimmy dore
When did this happen? I would love it!
Great Work Wolff!
Workers of the World Unite! You have nothing to loose but your chains!
-paraphrasing Eugene Debs
I thought that was marx?
@@earlviney5212 Yes, Karl Marx said that. You are right.
Thanks. I appreciate your work so much. Keep up the great work.
Brilliant as always, Prof Wolff.
Could you please share your thoughts on America’s foreign policy as it relates to its market leadership.
always a great commentary Proff Wolff,and i like the peaky blinders look.
Every time I listen to professor Wolf it makes me really miss occupy Wall Street. We truly had some of the greatest mines of our generations including Chris hedges, the great Dr Cornell West and many more. The teachings as well as the teachouts were epic. And we always had Ben Cohen to give us some delicious Ben & Jerry's every time we came back from a March. Good times!
All American presidents use keynesian monetary policy to minimize disadvantages of capitalism. Sometimes they shorten taxes, sometimes they raise spendings, but in the end that have the same effect. As a person from Poland I really don't see the difference between Democrats and Republicans... Both are capitalists! I see that for Americans all people who are not super enthusiastic about markets are socialist, that is absolutely ridiculous. Sadly in Poland we also have radical right-wing party that thinks the same. These days capitalists are more scared of losing power than ever!
Our Republican party and your Law and Justice party our very similar from whst i've read
Socalisum is a utopian idea that has never ever been successful. The road to hell is paved with good intentions. Give me one good example of socalisum working?
The Hat. And brilliant analysis, of course. But, the HAT. 😎👍
saving on the heating
Prof Wolff, your hat is funny. How is your head? Your words, on the other hand, are always important & serious.
Brilliant!
Well said Prof
The drip though 😂 Prof. Wolffe 🐺 don't fuck around straight spitting facts
Speaking of facts can u tell me how value is added to an economic system on a macro level just curious? most socalists pay very little attention to how to grow an economy or what leads to an economy shrinking. All yall can think about is its not fair.
@@stuckinthemud4352 Look at what Franklin Roosevelt did, the new deal and the Brettton Woods system, that is mentioned by serious socialists as baby steps towards a better society and economy. And there is nothing that would prevent that from working nowadays as well as it did in the past.
@@amyadmirer not sure what your point is? I would love it if our currency was backed by gold but i dont really know allot about the intricacies of the britton system. I dont like the centralized power aspects if it. Honestly i wish all currencies were backed by gold or some other rare mineral. but that's wishful thinking.
The new deal was crap and didn't do anything. our economy didn't get better until after the war.Turns out if u bomb all the worlds factories and none of your country's factories get bombed u have a huge economic advantage that creates massive growth.
Honestly if u want to discuss economics with me pass the intelligence test.
Im not going to waste my time discussing economics with someone who doesn't understand basic economics. Its like trying to explain algebra to someone that doesn't know basic math. Its kinda important to know how value is added or removed turns out that value is important when designing an economy.
Can u tell me on a macroeconomic level what adds value and or removes value. If u cant please please please learn.
@@stuckinthemud4352 It depends a lot on what sort of economics you were taught. Ignoring economic justice is a great mistake in my opinion, since those in power, as poticial power is accumulated more and more through wealth accumulation, start to change economic policy in ways that generate the problems we are now discussing, which is not only a growth problem, but a wealth redistribution problem as well. If you havent already, take a look at Yanis Varoufakis's analysis, and his new book, another now. If you dont think its a good critique and suggestion, then well.. we might have a difference in our political philosophies
@@amyadmirer lol this is not a philosophical question or a question specific to any type of economy. Im asking you if u actually know how value is added or removed from the system as a whole forget justice or capitalism vs socalisum lets start with the basics. HOW IS VALUE ADDED OR REMOVED.
👍😱👍everyone😁 must watch this video👌🙏👌
💪💪💪👏👏👏✌🏻🤞✌🏻
"Distractive news" will soon become a new term
New hat!
Love the hat
Noice hat prof Wolff
that's nice of you, it's really not though. 😂🤣
As Obama said, there really isn't much difference between Republicans and Democrats, we agree on most things...keeping the money flowing to the wealthy
or to people with desire to become wealthy!
Very good analysis of these three awful men.
Love that Elmer Fudd hat🙂
Be wary wary kwi-et
I thought Capitalism has never worked!!!! 😵😱
it has worked very well for the greedy and corrupt rich, not so well for the rest, other species or the planet.
@@mizofan all those americans living their filthy suburban dreams wolff would prefer they live in tin shacks provided by the government.
@@mizofan well said 👏❤️💕
Like that hat!
All Governors of the Bank of England have worked for Goldman Sachs; the Vampire Squid of Wall Street.
Nice cap Richard!
the hat that profesor Wolf had in my country it is call Bolshevik
If you really understood MMT, you would know that the size of the federal deficit isn't as big a problem as what it is used for. If you understood the Fed, you would know that the President has little control over it. Back to MMT, the debt of currency users is a problem, whereas the debt of a currency issuer needs to be judged by completely different standards. (You have to be kidding us with that hat :-)
gr8 hat
Yo dog, that cap got me shook.
/S
💯🙌🏼
Since capitalism requires production and by your own admission, actual U.S. production
has decreased by 75% since its peak (1950 ) from 40% of the economy to 10%...while all of
the "socialist demands" made to FDR have produced adverse consequences and have failed miserably
( social security, min wage, Medicare, Medicaid, welfare ) while increasing government
bureaucracy and public sector unions, while the fiat/inflation which began in 1933, made
all of it "inevitable"...it is clear that "socialism" is responsible for the present, and that the
idea of "central planning" ( by the government ) is NOT the solution.
BTW China became aware of the error of "collectivism" thru the revolt of "peasant farmers"
who decided to assign themselves "individual holdings" ( private property ) which allowed
them to reap the fruits of their own labor...rather than the fruits of their "collective efforts"...
and since this "system" ended up producing far more as a result...this began China's transition
to a "productive economy". Marxism runs contrary to "human nature"...and while the "exploitation"
myth is emotionally appealing...capitalism did not produce the worker revolt, Marx had predicted
or expected, since the standard of living of the "exploited" constantly improved.
Collectivism, like government, requires FORCE.
Thank you so much professor wolf I have family members that don't speak to me because of Obama in my opinion did absolutely nothing more bad than good just my opinion thank you
Copper is being extracted from mines to make floorboards that can shock people. You going to let that happen? Do you want it to happen?
it would be great to see the break down of the infrastructure deal and the social spending deal in term of where the money is going.
It's not capitalism. You just named it before. Fascism
The debt load is too great. CB can’t even play with their ponzi scheme usi;g interest rates to “manage the money suppply” rates which make no sense in “inflation” which is supply side driven. Investment to expand capacity is needed. Raising interest rates is nonsensical.
Global supply chains can only be altered with huge investment and takes a decade to deploy. The US a in particular needs coordinated national action to grapple with domestic supply chains. Not gonna happen. Everything is split over municipally run ports and logistics split over a dozen services.
Forbes updates their list of billionaires - a record 2,755 on the planet this year - daily. On September 1, 2021, Elon Musk was worth $190.7 billion. Today, November 4, 2021, Musk has assets of $316.5 billion. His wealth increased these past two months by $125.8 billion. Did your financial situation improve? Mine, neither. What do you suppose Mr. Musk is going to do with his big wad o' dough? Live austerely (simple and unadorned)?
P. S. Der Hut hab' ich gern.
sounds like you're jealous because you don't have Tesla stock. but don't cry about it. in America, everyone can rise up and do well for themselves, you included.
@@anonymoususer4376 Only someone with your name would say something that absurd.
@@VivaCatatumbo973 sounds like you're jealous too. I don't care what billionaires and I'm not sure why you do. I care about what I have. If you don't have enough, you can sit and cry/gripe or go out and make more money.
If the President and Congress really had the power to change the settings in favor of bottom 50-90%, US democracy would not exist... 😱🇺🇲
That's what Madison thought anyway
It's time. Its past time.
Term limit congress. 2 TERMS and your outta there. Something must be done and before next election.
Nice hat.
Hatty wolff glow up
Professor Wolff, can you please research & advocate for full intellectual property (IP) abolition? This is the most important activist aim for working class people! A just economy (& most leftist projects) has very little chance without first abolishing IP. IP is the most severe & oppressive tool of the rich & powerful.
Please see the work of Stephan Kinsella, Michele Boldrin, & David K. Levine. These are the best experts on intellectual property in the world. Everyone who cares about seriously improving things for humanity needs to know what IP abolition is about.
IP laws make no sense from either left or right politics. The ‘property’ in intellectual property is a false term used for propaganda purposes. Intellectual property is not property in any sense. It’s monopoly. IP actually stifles innovation & creativity. IP also is the main component of cultural control, propaganda, and advertising. And IP seriously screws up our economy & stacks it for the rich & powerful more than any other tool (especially IP with digital tech and the internet). IP abolition is the most important aim to liberate artists, programmers, inventors, etc. and make them all better off financially.
All 4 types of IP must be fully abolished ASAP: patents, copyright, trademarks & trade secrets.
The 2008 economics book ‘Against Intellectual Monopoly’ and the 2001 essay ‘Against Intellectual Property’ are both as important as Marx’s ‘Capital’! Each has nearly flawless argumentation. All leftists need to read both (free online). If you can’t read them now, then write down both titles so you can tell others so they can read them
And Uniquenameosaurus has two excellent and entertaining videos from April 2021 about IP abolition
NOTICE: To the extent I have any copyright in the comments in this thread, I relinquish those rights to the public domain according to the CC0 license-Signed, /s/ PN.
->Before we abolish IP, everyone use the CC0 license for all types of works (including software) when you’re not in need of money or there if there are no buyers for your copyright-monopoly. Also, as the author you can always ask for donations with crowdfunding even if you no longer have the copyright-monopoly
Two things. #1. I like the hat. #2 What's with the hat?
Covers an injury
Bought, paid.
tweedledee vs tweedledum. which one will cause the collapse and hasten a revolution in America? Quo Vadis?
Comments for the Algorithm God
Wrong lol it is the people as a whole that keep the system in tact year after year. Base and super stucture works hand in hand. So, you can quit the blame game while not mentioning the society as a whole.
Yeah, you can say that by ignoring propagandistic PR and advertising assault on the American people. You're ignoring an entire multi-billion dollar industry whose prime purpose is to manipulate how we think.
Hahaha when I first saw Prof Wolff here I cracked up
Maybe it's time we try Independents. But I don't think I will ever hear that solution and support out of the wolf man's mouth. We all know what the problems are we need real supported solutions. Independents HQ USA.
Heres a list of things yall should know before you even remotely try and have a conversation about designing any economic system. it blows my mind how many socialists are uniformed on basic economics and taxation. Do me a favor read the list and learn about all that stuff before you listen to someone like Richard wolff.
How value is subtracted from an economic system on a macro level.
How value is added to an economy on a macro level.
How Progressive tax systems actually works. ie how income is actually Taxed
How corporations are taxed and the difference between a type c and type s corp ( corporate taxation)
How when and why stock market gains are taxed ( capital gains )
How countries like Denmark actually tax people
How countries like Denmark tax buisneses
The difference between wealth and income
World GDP per capita
What GDP actually represents
Seriously if yall don't know about these things you cannot even remotely make an informed decision on how to run an economic system. Or even remotely grasp what is actually happening with taxation. seriously if u cant look at a tax bracket chart and have a rough idea of what people pay in taxes shut the fuck up about taxes. If u cant understand what and how capital gains are taxed shut the fuck up about taxes. If u cannot tell me what percentage of your income taxes u paid last year shut the fuck up about taxes. If you dont know how value is added to an economic system shut the fuck up about how to design an economy.
It amazes me how many of yall will jump on the bandwagon without even understanding basic economics and taxation.
Obviously I'm looking for a conversation with a socialist but I would like to argue with someone who is informed not a child that just thinks the world isn't fair.
Oh Elon, please take me away to Mars and out of this place, for Christ sake. This is crazy.
System fails whether you believe in capitalism Socialism or communism.. they all failed and successful at the same time depending on who you talk to not to mention people have benefited from all three systems was it what you agree with it or not..
Nice solutions there, Captain Nihilist. Meanwhile in China, Laos, Cuba, and Vietnam, where there is no homelessness...
@@krex9853 no homelessness? are you smoking crack?
@@krex9853 Seafood every some homeless people in China but they're not seen in every country in the world is poor people
Actually capitalism does look and so does socialism.. whether you like it or not both systems are intertwined each other in America.. become get rid of one without the other it's that simple..
lol you and your simple simon comments. Nowhere in USA is capitalism entwined with a system (socialism) which gives common ownership of the means of production or returns all surplus value back to the people who created it, the workers. Bro, do you even watch Wolff? "Socialism is when the government does stuff" is one of the biggest memes of all time.
@@krex9853 you got it wrong my friend there is socialism that's the point of making socialism is an American whether you like it or not it is here just like capitalism both entwined yes..