"cut sociology department", hey now, I resemble that comment. Just finished writing an article on defunding education and neoliberal university. Will add this book to the reading list, cheers!
18:00 To understand this financialization of universities, Wolff once explained that Harvard was a stock market investment fund with a "university" dangling off the side of it. It functioned first and foremost as a hedge fund and secondly as a university. Harvard and many others are just schools disguised as hedge funds.
The difference between some authoritarian governments and ours is that some authoritarian state's controlled capitalist institutions, but here those institutions control the State.
@@jamessmith1785 Statutes don't have the "power" to do that...but when you can represent the government as a "democracy" and have people believe you, the purpose and authority of the government is no longer constrained...and is no longer legitimate. The only reason it would be unrecognizable is if the words ceased to have any meaning. One can thank sites like this for that and for perpetuating the moral posturing and the revisionist history that is our present circumstance.
1:16 Consider yourself lucky to be instructed by an acclaimed, accredited professor of economics at the PHD level and all for free. I do. Don’t be late. ⏰
In what way lucky? All of it is FREE and all of it is available, as all the "economists" are given the appropriate accreditation. ( permission slips ) Unfortunately for Wolff, he rejected that education, in both economics and history... by his own admission, and Marx had no such accreditation. So you are advancing an "argument from authority" which has no authority...from a system of education, that is no longer educating.
Thank you all, a great discussion. Asset ownership and the resulting debt of those renting or buying-(renting) an education operates the same as in the retail housing market. Words like interest, fees and so on have the same meaning, it really doesn't matter they all create debt. Asset managers or 'rentiers, or bankers where legislation allows (which is the reason for the class of bankers we now call asset managers) are the scourge of the globe. The hyper-rich or those merely 'pretty well off' love capitalism. This is what neoliberalism has opened up with the deregulation of nearly everything on the planet from labour to anything that can be commodified / financialised. In New Zealand we love it, well those of us who benefit greatly from it do. The remaining 80 percent or so don't, but they don't get a say, and sadly many no longer vote because it's a uniparty parliament eventhough we have MMP. Nothing changed. As with most parliaments in the west we have a shockingly poor level of morality of those (people) working as politicians.
I am not now or ever was a “money maker” type. I completely have no interest in selling and buying and basically conning people one way or another or being dishonest. I think many people are like this and long for a new paradigm that makes sense and doesn’t encourage people to be bad faith actors. So, socialist logic or “cooperative self determination” does fix the current mistakes in capitalism (competitive self determination). The mistakes lie in how the competitive system fosters “participation “. It does so by engendering people to vanity, secrecy, coercion, corruption, anxiety, despair and chance. Cooperating is the very reason why people are engaging each other to address the shortfalls of competing (vanity, secrecy etc).
AS ALWAYS SOB-RING INFORMING / EDUCATING/ENLIGHTENING 🙏. LIFE ALTERING KNOWLEDGE. ONE MILLION THANKS 2 PROF:RICHARD WOLFF n HIS GUESTS 🏅FANTASTIC PROGRAM.
4:56 Wolff taught me the right way to think about economics where before I was completely disinterested, put-off yet curious about all the hoopla surrounding economics’ intrinsically bad, conspiratorial and erroneous logic (e.g. fractional interest). If ever you want to know the dead truth about what’s going on in economics and how to interpret all of it CORRECTLY, stay tuned here and learn.
So much for "economics" being a "science" or a "discipline". One wonders what kind of "interpretation" one would need to understand the presence of "gravity"?
For sure, especially if the company is in a Zionist owned country like the US or Israel they will always make sure that the 'market' is dynamic and available
6:30 this secrecy is a major key to why people don't fully understand the shortcomings of the competitive model. From my analysis, vanity, coercion, overall corruption, anxiety, despair and chance are the other elements of the competitive model that makes it untenable and literally destructive.
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Seren Wintersun, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
When you weaponize and financialize everything and everyone literally from birth to death from a to z how can that not lead to a fatal crash of a society?
Interesting conversation, and as faculty we talk about these topics all the time. As state support continues to shrink, we are becoming more and more like a private university, and this in turn causes administrators to try to be more and more like business managers.
Oh, don't forget the part about how universities then import rich foreigners to pay the full cost of tuition, and who then take seats from citizens, and later on jobs. The whole thing's a real racket.
war is a racket, including economic war where firepower is money and dead those who can't pay debt ...
Місяць тому
Once Upon A Time™, I was a full-time employee at Stanford University in the department which collected housing and dining fees and built residence halls (the largest profit center of the university "business"). Donated buildings worth $20-40 million dollars were being torn down after only 8 years of existence to be replaced with buildings in the range of $50-60 million dollars. This is where the money went and to $150 million failed, under-supervised IT projects completely run by consultants while lacking in university-side management and oversight.
To the extent colleges and universities deserve to be funded by the community or the state or the federal government, the appropriate source of revenue is economic rent. Rent is unearned by individuals and private entities. The private appropriation of economic rent is an unjust redistribution of income and wealth from producers to non-producing rentier interests. A book deserving a wide readership has a theme very pertinent to the overall issue. Mason Gaffney, a long-time professor of economics at the University of California, co-authored the book "The Corruption of Economics," published in 1994. Gaffney detailed how the plutocracy saw to it that economic theory would not challenge the status quo. Examine who endowed the economics departments at the nation's major universities. Richard Wolff is a proponent of offering courses that inform students on theories of governance and economics that challenge conventional wisdom. This is extremely important. That said, there are reasonable concerns over what is offered when public funds are involved. Mainstream economics is not the only discipline that was financially incentivized by become "value free" where moral principles are concerned.
@@nthperson They either identify the source or they don't. I am not aware of any such claim that identifies the source and provides evidence in support of it.
@@jgalt308 No answer I can provide with satisfy your search for what I surmise to be an unquestionable authority. I believe we are born with a moral sense of right and wrong, an instinct to cooperate with one another. Then nurture takes over, which can foster cooperation or foster conflict. John Locke wrote about behaviors that fall either within the realm of liberty or outside of liberty into the realm of license. We think of cooperative behaviors as evidence that we are persons competent to be full members of our society. The trouble is, long histories in societies of laws that foster hierarchical privilege, despotism, corruption and systemic violation of individual liberty continue because people simply get used to be abused and are prevented from aspiring to be competent citizens.
@@BigD4Real.it’s capitalists who jack up prices to increase profits that causes inflation. Most times inflation occurs despite there being no increase in demand.
26:30 "The Chinese are building and investing in universities; that outta be a hint to somebody". Yes. And their jobs market is actually creating employment for University educated people. Somebody could take a hint from that too.
@@robertvanslooten9475 About what? Looks like a "government" created problem, just like every other one. Nothing sneaky about it...except the question of whether or not there is any legitimate authority for the government to actually be involved.
Huh. Sadly, I can't afford the classes. On the other hand, I'm pretty sure my understanding of Capitalism is pretty decent - at least enough to know we have to dump it.
All the major problems in the world, and most of the smaller problems, are perpetrated & perpetuated by (a)the authoritarian, wealthy-class knaves & their corrupt RW-politics, and by (b)the ignorant, working-class dupes who are dumb enough to support the wealthy-class authoritarians & their corrupt RW-politics. And that includes the politics of Capitalism. All RW-politics are inherently corrupt & authoritarian politics -- Monarchism, Feudalism, Capitalism, Corporatism, Cronyism, Fascism. They are just systems of slavery, with different names, in which a populace-minority of wealthy-class people rule & reign over the populace-majority of working-class people. And those authoritarian systems of enslavement are perpetrated & perpetuated by the corrupt wealthy-class & their corrupt RW-politics. And, all throughout history, we've seen that every time a significant portion of working-class people become aware of, and stand up to oppose, their enslavement by the corrupt, authoritarian knaves of the corrupt wealthy-class, the wealthy-class has then used their wealth to fund & fabricate wars, in which they incite working-class people to commit violence (and worse) against other working-class strangers. Only the dumbest working-class people volunteer to participate in, or give lip-service in promotion of, these needless & unnecessary conflicts. And no matter what name is given to a system of RW-politics, that RW-system ALWAYS devolves into more & more corruption being committed by the indecent people in the wealthy-class, and worse & worse enslavement of the decent people in the working-class by the indecent people in the wealthy-class. And, as long as they are allowed to go unchecked, the corrupt, authoritarian, & indecent wealthy-class knaves will NEVER willingly give up their lifestyle-addictions & they will NEVER willingly seek treatment for their mental-illnesses, and they will burn the entire earth to the ground before they do. The authoritarian wealthy-class & their corrupt RW-politics need to be brought to heel, along with the working-class dupes who support them, in the very same way that the corrupt, authoritarian, RW-Confedrates&RW-N@z!s were brought to heel.
I'd be interested discussion and analysis about the dearth of collective bargaining, solidarity, unionization, labor protections, and worker-owned co-ops of American white collar knowledge workers. It seems unwise and/or lacking in personal courage that this demographic hasn't done more to protect and defend its own interests.
There is simply too much debt all across the board. This is unsustainable. Something must be done. I am afraid this could limit the scope of American entrepreneurialism and innovation.
Higher studies/programmes, (entailing funding/loans, long repayment without, ensured Income) are open ended academics.Society,Institutions , Systems need to preview, how to keep ends converging to point of better life first & returns later.
Very much looking forward to this discussion of how, just like public pension funds, privatizing the financing of these crucial public institutions has been done to exploit two generations of americans by keeping them tied to debt slavery that benefits the investing class; & has severely degraded the quality & global competetiveness of our higher education institutions.
REALLY? But people still come from round the world to go to those universities. In America and here in Australia . That's profitable too. Squeeze the world. But they still come because they perceive some unique value of degrees from those places, even though their own countries you'd think, had perfectly good universities.
a lot of rich people who are m nares don’t even listen to politics sounds foolish to some of them they don’t want to talk about they don’t need to or feel so they to deal the issue or it’s confronts them in there denials
Gee Professor, I hate to break this to you but Debt arises with Civilization itself as explained again by Graeber and Hudson...and even you have acknowledged Debt Jubilees as an element of these early civilizations. ( although as with most of your rhetoric, you do this only when convenient, and ignore it when it is not. ) As for the Grapes of Wrath...it was a search for work, not housing...and that was caused by the FED...and the thousands of Bank failures that it was supposed prevent...but these Banks were not included. Then you got FDR who gave you fiat and socialism ( by commies ) and unions and "capitalism" was doomed. BTW no one "owns" anything in the UNITED STATES...but you do have a criminal government... just like all the other "criminal governments" except that in the U.S. the Constitution clearly makes this "criminality" obvious...except for those who think "government" is actually a solution, when it has always been the problem, Your ignorance of economics and history is beyond belief...which is why you have so few followers and none of them can read.
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
Stacy Lynn Staples is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
"Democracy at Work"...in what sense? Formed in 2014 as a 503(c) non-profit with Wolff as president, how is it a democracy? Who gets to vote, and how many voters are there? What does it or has it produced...and what value does it have to those willing to support it financially? As indicated in this video, its activities are "donation" dependent and according to Wolff, he "wouldn't have it any other way." Why not? There is a revenue stream available from youtube, so why not take advantage of it, however large or small it may be? If your concern is "inequality," why would you not take advantage of every available option to reduce the costs to those people your message is concerned with? Why do you not read and respond to the questions asked on your "free website"? Why do you require someone to "pay you" for the slight possibility that you might answer their question? Who receives the revenue from the sale of your books? Who owns the copyright...you or Democracy at Work...and if it is YOU, why are you using your corp to launder it? Why are you using a "just in time" publisher, which increases the cost by multiples, while you are still "profiting" between 250% to 300% on each sale? Why aren't your books available in every public library? If, as you say, employees outnumber employers by 97 to 3%, why did you choose to become an employee and remain one, for your entire life, at a "public university" funded by "a state" which you are now criticizing, because " we can do better" but you didn't and haven't, but want to keep talking about it, yet clearly have no idea what any of the words mean or know what the actual history is...and neither does your audience? Why are you attempting to insinuate that China and the BRICS are an "alternative" to the U.S. when the facts clearly indicate that the level of "inequality" is already equal to that of the west and the developed economies? They are employing the same tactics that you criticize the U.S. for...they are exploiting labor, they are engaged in colonial resource extraction, and they provide minimal services to the public, all of which the West can no longer afford because "socialism" requires the profits of "production" to fund these programs, and neither the government nor the rent-seeking sectors of Finance, Insurance or Real Estate are souces of this production? None of these facts are altered in the slightest by adding the words..."with Chinese characteristics." Your economic and historical ignorance is profound and you understand nothing and have explained nothing...and neither can youir followers. You are both a distraction and a divider and it this capiacity you serve the interests of the "status quo" that you claim to be in opposition to. We will return you now to your REGULAR PROGRAMMING!!!
@@TikTokToo1 I suppose we should be grateful that his lack of real-world experience and his single-minded narcissism have made him inept and inefficient in marketing his peculiar bubble-constrained vision.
![Global Capitalism: West in Turmoil 2024: Big Elections, Big Social Changes [September 2024]](/img/n.gif)
Our favorite economist, thanks so much.
Thank you Richard Wolff love your videos. Been a fan of yours for years. 😊
Thank you very much for this talk. Learn something new
What was that?
"cut sociology department", hey now, I resemble that comment. Just finished writing an article on defunding education and neoliberal university. Will add this book to the reading list, cheers!
Great stuff!
18:00 To understand this financialization of universities, Wolff once explained that Harvard was a stock market investment fund with a "university" dangling off the side of it. It functioned first and foremost as a hedge fund and secondly as a university. Harvard and many others are just schools disguised as hedge funds.
We live in a constitutional Wall Street Monarchy!
Could you cite that part of the constitution that provides the evidence for your claim?
ITS MORE LIKE A MAFIA MONOPOLY.
NOTHING CONSTITUTIONAL ABOUT IT.
The difference between some authoritarian governments and ours is that some authoritarian state's controlled capitalist institutions, but here those institutions control the State.
@@jgalt308 The constitution has been redefined and stepped on with some many new statutes that it is unrecognizable
@@jamessmith1785 Statutes don't have the "power" to do that...but when you can
represent the government as a "democracy" and have people believe you, the purpose
and authority of the government is no longer constrained...and is no longer
legitimate.
The only reason it would be unrecognizable is if the words ceased to have any meaning.
One can thank sites like this for that and for perpetuating the moral posturing and the
revisionist history that is our present circumstance.
I would like to know more about debt collectives. How to start one, and how they work.
Excellent guests and discussion.
1:16 Consider yourself lucky to be instructed by an acclaimed, accredited professor of economics at the PHD level and all for free. I do. Don’t be late. ⏰
You have excellent taste and we concur.
In what way lucky? All of it is FREE and all of it is available, as all the "economists"
are given the appropriate accreditation. ( permission slips )
Unfortunately for Wolff, he rejected that education, in both economics and history...
by his own admission, and Marx had no such accreditation.
So you are advancing an "argument from authority" which has no authority...from a system
of education, that is no longer educating.
Thank you all, a great discussion. Asset ownership and the resulting debt of those renting or buying-(renting) an education operates the same as in the retail housing market. Words like interest, fees and so on have the same meaning, it really doesn't matter they all create debt. Asset managers or 'rentiers, or bankers where legislation allows (which is the reason for the class of bankers we now call asset managers) are the scourge of the globe. The hyper-rich or those merely 'pretty well off' love capitalism. This is what neoliberalism has opened up with the deregulation of nearly everything on the planet from labour to anything that can be commodified / financialised. In New Zealand we love it, well those of us who benefit greatly from it do. The remaining 80 percent or so don't, but they don't get a say, and sadly many no longer vote because it's a uniparty parliament eventhough we have MMP. Nothing changed. As with most parliaments in the west we have a shockingly poor level of morality of those (people) working as politicians.
I know Eleni - she is an organizer with The Debt Collective.
I am not now or ever was a “money maker” type. I completely have no interest in selling and buying and basically conning people one way or another or being dishonest. I think many people are like this and long for a new paradigm that makes sense and doesn’t encourage people to be bad faith actors. So, socialist logic or “cooperative self determination” does fix the current mistakes in capitalism (competitive self determination). The mistakes lie in how the competitive system fosters “participation “. It does so by engendering people to vanity, secrecy, coercion, corruption, anxiety, despair and chance.
Cooperating is the very reason why people are engaging each other to address the shortfalls of competing (vanity, secrecy etc).
Got democracy?
@@astralab-d1 life support approaching closing time
AS ALWAYS SOB-RING INFORMING / EDUCATING/ENLIGHTENING 🙏.
LIFE ALTERING KNOWLEDGE.
ONE MILLION THANKS 2 PROF:RICHARD WOLFF n HIS GUESTS 🏅FANTASTIC PROGRAM.
4:56 Wolff taught me the right way to think about economics where before I was completely disinterested, put-off yet curious about all the hoopla surrounding economics’ intrinsically bad, conspiratorial and erroneous logic (e.g. fractional interest).
If ever you want to know the dead truth about what’s going on in economics and how to interpret all of it CORRECTLY, stay tuned here and learn.
So much for "economics" being a "science" or a "discipline".
One wonders what kind of "interpretation" one would need to understand the presence of "gravity"?
You can know some things...for instance arms manufacturers are always a good bet.
and never sleep again. what the hell. who needs sleep?
For sure, especially if the company is in a Zionist owned country like the US or Israel they will always make sure that the 'market' is dynamic and available
6:30 this secrecy is a major key to why people don't fully understand the shortcomings of the competitive model. From my analysis, vanity, coercion, overall corruption, anxiety, despair and chance are the other elements of the competitive model that makes it untenable and literally destructive.
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Seren Wintersun, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
SHE IS ON TELE GRAM.
@Serenwintersun
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Nice, I was just hodling before I found Wintersun. In my opinion she is the very best out there.
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
The problem is part of deindustrialisation involving disinvestment in an educated workforce as well as in factories and shrinking employment.
Educated in what sense?
When you weaponize and financialize everything and everyone literally from birth to death from a to z how can that not lead to a fatal crash of a society?
And this originates from what source?
Corporate Totalitarianism
@@jgalt308 The Zionists that control the world, via the Western Plutocracies disguised as 'democracies' while feeding us their Hasbara propaganda
Interesting conversation, and as faculty we talk about these topics all the time. As state support continues to shrink, we are becoming more and more like a private university, and this in turn causes administrators to try to be more and more like business managers.
Well, maybe as faculty, you ought to start asking who and why this abuse is occurring.
@@breft3416 Oh, we know why. Problem is mobilizing for action. I belong to AAUP, yet we have many faculty who are reluctant to do anything.
Oh, don't forget the part about how universities then import rich foreigners to pay the full cost of tuition, and who then take seats from citizens, and later on jobs. The whole thing's a real racket.
war is a racket, including economic war where firepower is money and dead those who can't pay debt ...
Once Upon A Time™, I was a full-time employee at Stanford University in the department which collected housing and dining fees and built residence halls (the largest profit center of the university "business"). Donated buildings worth $20-40 million dollars were being torn down after only 8 years of existence to be replaced with buildings in the range of $50-60 million dollars. This is where the money went and to $150 million failed, under-supervised IT projects completely run by consultants while lacking in university-side management and oversight.
Where will the class take place? Via YT or the content website?
Follow the directions.
I knew it! Im YOLOing all my money on short expiration OTM Tesla calls, just like Richard said.
To the extent colleges and universities deserve to be funded by the community or the state or the federal government, the appropriate source of revenue is economic rent. Rent is unearned by individuals and private entities. The private appropriation of economic rent is an unjust redistribution of income and wealth from producers to non-producing rentier interests.
A book deserving a wide readership has a theme very pertinent to the overall issue. Mason Gaffney, a long-time professor of economics at the University of California, co-authored the book "The Corruption of Economics," published in 1994. Gaffney detailed how the plutocracy saw to it that economic theory would not challenge the status quo. Examine who endowed the economics departments at the nation's major universities.
Richard Wolff is a proponent of offering courses that inform students on theories of governance and economics that challenge conventional wisdom. This is extremely important. That said, there are reasonable concerns over what is offered when public funds are involved. Mainstream economics is not the only discipline that was financially incentivized by become "value free" where moral principles are concerned.
What moral principles? What is their source? Where is the historical evidence
that supports these principles?
@@jgalt308 A good start would be Henry George's book, "Progress and Poverty" or Thomas Paine's book, "Rights of Man".
@@nthperson They either identify the source or they don't. I am not aware of any such
claim that identifies the source and provides evidence in support of it.
@@jgalt308 No answer I can provide with satisfy your search for what I surmise to be an unquestionable authority. I believe we are born with a moral sense of right and wrong, an instinct to cooperate with one another. Then nurture takes over, which can foster cooperation or foster conflict. John Locke wrote about behaviors that fall either within the realm of liberty or outside of liberty into the realm of license. We think of cooperative behaviors as evidence that we are persons competent to be full members of our society. The trouble is, long histories in societies of laws that foster hierarchical privilege, despotism, corruption and systemic violation of individual liberty continue because people simply get used to be abused and are prevented from aspiring to be competent citizens.
I'm pretty sure Capitalism doesn't want to fix housing for the good of the employee class.
Capitalism doesn’t cause inflation, the government does it by sending more than it takes in.
@@BigD4Real. That is not the lesson of Wolff's understanding of capitalism.
@@BigD4Real.it’s capitalists who jack up prices to increase profits that causes inflation. Most times inflation occurs despite there being no increase in demand.
Obviously
Are more young people asking whether education is worth having at this price? If I was young now I would question it.
❤
👍
Well, screw the stock market. You have to have disposable income to play in that sandbox.
12.25 error Prof Wolff the Govt never brought down wages. You are welcome my teacher
26:30 "The Chinese are building and investing in universities; that outta be a hint to somebody". Yes. And their jobs market is actually creating employment for University educated people. Somebody could take a hint from that too.
Another example of sneaky corruption.
The corruption of what? By whom?
@@jgalt308 Think.
@@robertvanslooten9475 About what? Looks like a "government" created problem,
just like every other one. Nothing sneaky about it...except the question of whether or not
there is any legitimate authority for the government to actually be involved.
@@robertvanslooten9475 Government created? Or Government demanded?
@@jgalt308 Government sanctioned.
How many poor americans are denied education that could nurture great skills that would then help overall society?
You mean like Wolff's great skills?
Please create a video for the current Port Strike. Invite one of the members of the union.
❤🙏
The whole should have been dedicated to the two authors regarding the financiallzation of higher ed
there is a problem with that idea freeze wages and freeze cost increases how can you keep rent pricess from going up
Where do I sign up for the militi..... Class
Huh. Sadly, I can't afford the classes. On the other hand, I'm pretty sure my understanding of Capitalism is pretty decent - at least enough to know we have to dump it.
It's long gone...as the government got rid of it. Now what are you going to dump?
All the major problems in the world, and most of the smaller problems, are perpetrated & perpetuated by (a)the authoritarian, wealthy-class knaves & their corrupt RW-politics, and by (b)the ignorant, working-class dupes who are dumb enough to support the wealthy-class authoritarians & their corrupt RW-politics. And that includes the politics of Capitalism.
All RW-politics are inherently corrupt & authoritarian politics -- Monarchism, Feudalism, Capitalism, Corporatism, Cronyism, Fascism. They are just systems of slavery, with different names, in which a populace-minority of wealthy-class people rule & reign over the populace-majority of working-class people. And those authoritarian systems of enslavement are perpetrated & perpetuated by the corrupt wealthy-class & their corrupt RW-politics.
And, all throughout history, we've seen that every time a significant portion of working-class people become aware of, and stand up to oppose, their enslavement by the corrupt, authoritarian knaves of the corrupt wealthy-class, the wealthy-class has then used their wealth to fund & fabricate wars, in which they incite working-class people to commit violence (and worse) against other working-class strangers. Only the dumbest working-class people volunteer to participate in, or give lip-service in promotion of, these needless & unnecessary conflicts.
And no matter what name is given to a system of RW-politics, that RW-system ALWAYS devolves into more & more corruption being committed by the indecent people in the wealthy-class, and worse & worse enslavement of the decent people in the working-class by the indecent people in the wealthy-class.
And, as long as they are allowed to go unchecked, the corrupt, authoritarian, & indecent wealthy-class knaves will NEVER willingly give up their lifestyle-addictions & they will NEVER willingly seek treatment for their mental-illnesses, and they will burn the entire earth to the ground before they do.
The authoritarian wealthy-class & their corrupt RW-politics need to be brought to heel, along with the working-class dupes who support them, in the very same way that the corrupt, authoritarian, RW-Confedrates&RW-N@z!s were brought to heel.
👌
Wolf is the blind leading the blind.
I'd be interested discussion and analysis about the dearth of collective bargaining, solidarity, unionization, labor protections, and worker-owned co-ops of American white collar knowledge workers. It seems unwise and/or lacking in personal courage that this demographic hasn't done more to protect and defend its own interests.
Or the criminal organizational system, (secret organizational system).
How can universities borrow if they have accumulated great amounts in endowments?
There is simply too much debt all across the board. This is unsustainable. Something must be done. I am afraid this could limit the scope of American entrepreneurialism and innovation.
I was a green card soldier.
✊🏾✌🏾
Higher studies/programmes, (entailing funding/loans, long repayment without, ensured Income) are open ended academics.Society,Institutions , Systems need to preview, how to keep ends converging to point of better life first & returns later.
✌🏾✌🏾
Very much looking forward to this discussion of how, just like public pension funds, privatizing the financing of these crucial public institutions has been done to exploit two generations of americans by keeping them tied to debt slavery that benefits the investing class; & has severely degraded the quality & global competetiveness of our higher education institutions.
Hint: Ask your congressman and senators. Who, btw, are not answering anybody who doesn't send major dollars to them.
REALLY? But people still come from round the world to go to those universities. In America and here in Australia . That's profitable too. Squeeze the world. But they still come because they perceive some unique value of degrees from those places, even though their own countries you'd think, had perfectly good universities.
a lot of rich people who are m nares don’t even listen to politics sounds foolish to some of them they don’t want to talk about they don’t need to or feel so they to deal the issue or it’s confronts them in there denials
Nothing will happen people will vote same politicians and complain
Like George Carlin said, "Even if new politicians are voted in the new politicians are just as bad as the existing politicians and nothing changes".
Gee Professor, I hate to break this to you but Debt arises with Civilization itself
as explained again by Graeber and Hudson...and even you have acknowledged
Debt Jubilees as an element of these early civilizations. ( although as with most of
your rhetoric, you do this only when convenient, and ignore it when it is not. )
As for the Grapes of Wrath...it was a search for work, not housing...and that was caused by
the FED...and the thousands of Bank failures that it was supposed prevent...but these Banks
were not included. Then you got FDR who gave you fiat and socialism ( by commies ) and unions
and "capitalism" was doomed.
BTW no one "owns" anything in the UNITED STATES...but you do have a criminal government...
just like all the other "criminal governments" except that in the U.S. the Constitution clearly
makes this "criminality" obvious...except for those who think "government" is actually a
solution, when it has always been the problem,
Your ignorance of economics and history is beyond belief...which is why you have so
few followers and none of them can read.
Aptheker? As in professors Herbert & Bettina?
US, especially, needs generational
continuity-- family tradition! of the left!!!
generational continuity in universities
count me out
So... your parent went here so you MUST be qualified, eh! 🤡🌎
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
impressive gains! how can I get your advlsor please, if you don’t mind me asking? I could really use a help as of now
Stacy Lynn Staples is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
"Democracy at Work"...in what sense?
Formed in 2014 as a 503(c) non-profit with Wolff as president, how is it a democracy? Who gets to vote, and how many voters are there? What does it or has it produced...and what value does it have to those willing to support it financially?
As indicated in this video, its activities are "donation" dependent and according to Wolff, he "wouldn't have it any other way." Why not? There is a revenue stream available from youtube, so why not take advantage of it, however large or small it may be? If your concern is "inequality," why would you not take advantage of every available option to reduce the costs to those people your message is concerned with? Why do you not read and respond to the questions asked on your "free website"? Why do you require someone to "pay you" for the slight possibility that you might answer their question?
Who receives the revenue from the sale of your books? Who owns the copyright...you or Democracy at Work...and if it is YOU, why are you using your corp to launder it? Why are you using a "just in time" publisher, which increases the cost by multiples, while you are still "profiting" between 250% to 300% on each sale? Why aren't your books available in every public library?
If, as you say, employees outnumber employers by 97 to 3%, why did you choose to become an employee and remain one, for your entire life, at a "public university" funded by "a state" which you are now criticizing, because " we can do better" but you didn't and haven't, but want to keep talking about it, yet clearly have no idea what any of the words mean or know what the actual history is...and neither does your audience?
Why are you attempting to insinuate that China and the BRICS are an "alternative" to the U.S. when the facts clearly indicate that the level of "inequality" is already equal to that of the west and the developed economies? They are employing the same tactics that you criticize the U.S. for...they are exploiting labor, they are engaged in colonial resource extraction, and they provide minimal services to the public, all of which the West can no longer afford because "socialism" requires the profits of "production" to fund these programs, and neither the government nor the rent-seeking sectors of Finance, Insurance or Real Estate are souces of this production? None of these facts are altered in the slightest by adding the words..."with Chinese characteristics."
Your economic and historical ignorance is profound and you understand nothing and have explained nothing...and neither can youir followers. You are both a distraction and a divider and it this capiacity you serve the interests of the "status quo" that you claim to be in opposition to.
We will return you now to your REGULAR PROGRAMMING!!!
bait used to be believable
@@TikTokToo1 I suppose we should be grateful that his lack of real-world
experience and his single-minded narcissism have made him inept and inefficient
in marketing his peculiar bubble-constrained vision.
Nothing new, why start worrying now?
Because. capitalists always want to grab ever more profits!
Because capitalists seek to grab more & more profits.
@@samaval9920 The whole history has been like this ua-cam.com/video/T-twlnuvPDA/v-deo.html