Global Capitalism: On Labor - A May Day 2024 Special [May 1st, 2024]
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- Опубліковано 21 лис 2024
- Today we offer a very special Global Capitalism special in honor of “May Day”
Today's May Day Special, a collaborative effort with long-time contributor Charles Fabian, opens with the major causes for why May Day 2024 is so special. These include the fact that the great crash of global capitalism in 2008-2009 shook the world in ways that include shocking a declining US labor movement back to life and growth.
We saw that in 2011 when the Occupy Wall Street movement shook the US and beyond again. Then the "Fight for $15" swept across low-wage America as it still does. Then a socialist named Bernie Sanders rose to prominence and changed how millions of Americans viewed the economy and could see the need to vote for a direct challenge to capitalism. Nor did the pandemic slow down the growth of an anti-capitalist left that shows up these days as a 70% approval rating for unions in the Gallup poll and for hugely successful unionization drives in low-wage areas like Amazon and Starbucks, in auto plants in the US south, in militant new union leaderships elected in the Teamsters and the UAW.
May Day - the international celebration of the working class - has much to cheer for in 2024. And the international context is special too. The US-led, formerly dominant G7 no longer presides over world capitalism unchallenged. The BRICS - China and its allies - are a new alternative leadership of the world economy with a much more ambiguous relationship to capitalism. May Day 2024 welcomes nothing less than a new world economy and one far more favorable to working-class struggles than we have seen in years.
Co-sponsored by Democracy at Work and Left Forum
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(Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself)
Robert Hennelly’s
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All work should be unionized. United We Bargain, Divided We Beg.
Brave and Brilliant economist Dr. Wolff. Thanks for always giving your honest analysis 👍
Dr. Wolff :
You are Very Special :
Tks., much appreciative.
Happy May 1st. International Workers Day!🤘🏾
Thank you Professor for your brilliance and your willingness to share such critical economic analysis
With us!❤
Litterally watched your: "the game is rigged" video from ACLU posted 9 years ago last night. You've been accurate in your criticism of capitalism this whole time. Change must be made now.
Too bad capitalism left 4 decades ago...leaving you with the landed aristocracy
and a criminal government that has been in place for 8+ decades.
As a retired teacher who belonged to a union I greatly appreciate your May Day message. Thank you.
Yes
Well done Professor. Good analysis.Good presentation.👏🌹💯
Usa empire is collapsing like all other EMPIRE'S IN HISTORY. A MESSAGE FROM DENMARK. Respect and understanding 🇩🇰✌️🇩🇰✌️
I love Denmark. My friend just moved back to Denmark 😔
Denmark is my favourite Risk tile! 🫡
Old capitalist Biden and old capitalist Putin. Biden said - He is not going to leave Ukraine! Putin is not going to leave silently. Think about it. These scum are preparing a nuclear war. (
Long time listener here and I'm virtually in tears listening to this list. I lived through it and it was disappointment after disappointment but I wasn't seeing the forest for the trees. Those were advances after all! And this couldn't come t a better time.
Your teachings are wonderful, full of love and truth. May people wake up and take your advice to heart.
Truth is always hard to hear but better to understand now than later. A message from Denmark. Thanks for this project
Thank you both Prof. Wolff and Charles! Happy May Day!
Thank you Prof! You're laying bare for Americans and its global neighbors the cold, grave realities abound. Please keep teaching - the world aporeciates and is learning with increasing interests to remedy their declining and tragic circumstances - be it economically, environmentally, politically and socially.
Jolly well told
Happy International Workers Day, everyone & thanks for spreading your wisdom, Prof. Wolff.
Economics advances one death at a time.
happy may day
professor
Thanks yet again,Prof Wolff
Congratulations Charlie!
Good evening from Denmark everyone 🇩🇰✌️❤️
Thank you, Professor and happy belated International Worker's Day, to everyone.
Jay Gorney wrote about what the professor is saying in a song: "I built a railroad, made it run, in a race against time, I built a railroad, now its done, brother can you spare a dime..."
As a new jobber in the tech industry, thank you for your effort and lectures. At the start of my working life i did not have the knowledge to interbalize the feelings i had against the system.
We are the workers, NOTHING happens without us. We are legion and the time of our exploitation will come to an end. Solidarity.
It is may day 2024 and ive just finished working for 11hrs, and only earning what essentially is company script. God bless our struggle.
None are more enslaved than those who falsely believe they are free. Most people who are wage slaves are clueless.
I been listening to you my brother, you right about that it
I hope these lectures are held at the Judson Memorial Church again soon.
I miss it too, the community feel. But the pandemic changed many things, and also time waits for no man, I mean he is in good health and sharp as a tack but at 82 years old I think he's earned the right to work from home ;o)
mind you I say that, look at Anthony Hopkins, he's older and strong as an ox.
Best wishes.
Thank you so much for bringing the truth and inspiration to the people. In Solidarity
Thank you for respecting the yellow vest movement. ✊💛
Thank you as always, Dr. Wolff. There are people out here (perhaps a fairly small number) who are greatly benefiting from your ideas and will keep such ideas alive into future generations. We will not let capitalism obliterate socialism and worker ownership and control of our own lives. We will not let a complacent and uninformed working-class be sacrificed on the unholy alter of the capitalists' greed and private profit making which is what the capitalists want. They want a complacent, defeated and uninformed public. With your help we will not let that happen. "Workers of the world unite, you have nothing to lose..."etc.
1 fresh hour with prof wolff, nice present for May 1st
RICHARD WOLFE FOR PRESIDENT!!!WE LOVE YOU PROFESSOR !!! EASILY ONE OF YOUR BIGGEST FANS…!!!!
Comrade Wolff is smart and knows what’s what.
What an incredible talk. A solid hour of pure unadulterated truth. Thank you for everything, Prof. Wolff. I first heard of you on The Michael Brooks Show. I will never forget him asking you to explain the labor theory of value while he was waiting for a guest to be ready. Your explanation was clear and concise and I was hooked on you. You have articulated ideas ive held for a long time and am now able to express clearly. Thanks again.
Yet another Tour de force analysis by Prof. Wolff. Super! Tnx
Human ingenuity should belong to all Humans and not monopolized by a few. Technological innovations leading to productivity growth should be enjoyed by Humanity itself and not for the profit of a few. This is so obvious and that's why I love Proff. Wolff.
GREAT AS ALWAYS 👌👌👌👌👌👌👌
thank you!
I appreciate your May Day message. Thank you!
This episode seems to be putting me in a good mood. Power to the labor movement.
M8 I have to say- you've got Big Balls.
Always love your vcontent 💙
Happy first of May!
Union should be applied to subcontractors because they are workers too.
Tax money should be used to improve the living conditions of the majority =the ordinary people=the workers.
Thank you so much for continuing to teach such valuable information. Happy May Day
Class consciousness will be the catalyst for change.
One of your best yet 👏👏👏
Inspiring talk young man
Hi Professor, The speech was great, and we got a good education. Thank you and Thanks!
Unlike that turncoat Bernie, Dr Wolff has stayed strong, refused to sell out, kept his integrity for his entire life. What a great hero to the working class !
Thank you. 🖖🏼
Hard working class deserves higher respect.
Your the best...
Outstanding
Great man
I love the may day presentation
Excelent
I think American can learn how China has combined socialism and capitalism and benefits its citizens. The simple important aspect is how a government can work for its people. The so-called American democracy has failed to do that when the political candidates have to spend millions or 100 millions to win elections.
Respect to Dr. Wolff, while he was attending universities, we were working those unionized industrial jobs. My coworkers were not noble philosophers. The bosses were engineers, the line workers couldn't think their way out of a hat. Tech is making work obsolete. AI, robotics, 3d printing could make capitalism obsolete upending the producer/consumer paradigm. There is a belief that work brings dignity and purpose. No money, no consumers, no need for marketing. There was always something for the serfs to do, working the fields, standing the assembly line, carrying a rifle. Most of them can't learn to code now or in the future. We may need a new Marx who can build his or her philosophy to include the end of fossil fuels, climate catastrophe and mass migration, and the rise of the machines.
Good, thanks.
happy fun day
May Day the true Labor Day around the world except in US😨
The fact that the US is the only place where "May Day" is in Sep. always baffles me
In Canada as well and I'm sure you know why Labour Day is only a sale day.
Not a accident. The story behind the US "labor day" epitomizes the struggle of the worker.
Made American great again in the year 3024
❤❤❤
A penny for the thought: When someone/something gains something, someone/something must lose something. When we suck up water from the ground, the ground loses water i.e. it becomes more hollow.
💯
The professor dismissed Isr*hell war on Innocent Palestinians all together, unfortunately.
#BDS,#BDS,#BDS!!!
#USdefundIsr*hell, NOW !
❤
Doctor Wolf at 1.75x really hits different.
I am starting from ground zero now because of the pandemic
Inflation means money mass increase.originally. due to disbalance of money amount to GDP amount it makes money cheaper.
Wolff knows that too. He's just unwilling to say anything other than capitalism bad...socialism good.
The late Scottish miners leader, Mick Magahey, complained about having a generation of negotiators and not agitators. The agitators are back!
Dr. Wolff, Can you explain Cloward/Piven's theory, and how it is applied in modern America at this present time?
Unions need to support the student protests if they want fellow leaders and believers that workers are the foundation of democracy, not the oligarch class we have now that fed off of workers toil
Share this with status coup!!
DIGITAL ID MUST BE REFUSED AT ALL COSTS.
If it wasn’t for Ⓐctive unions, we’d still be working 80hrs a week, kids would still be mining. NormⒶlize worker co-ops and Ⓐctive unions. Democratize🗳️the workplace☭.🏴🇺🇸
Just as the company board is always seeking to repeal the advantages won by a union Capitalism is always threatening and attempting to take back any social measures it once was forced to roll out. Oops, then you said the same. Yep, I'm a good student. :)
We gave yet to see a cooperative equally owning an enterprise..
The working class is now getting KARMA! The descendants of the slaves are still owed REPARATION!
Could you kindly ecolain the sudden rise of military expenditure in societies?
what we need most is affordable housing and national healthcare for all. Unions only fight for their dues-paying members. we need better government not unions.
Contact centres should unionize
The working class have permanent income. By getting more leisure hours they can spend their time in a money spending to mind enjoying ways.
Justice Brandeis,the Louisville Native,in whose honor the Uof L Law School was named ,observed many years ago,that "we can have large personal fortunes,or Democratic Institutions,but not both.Res Ipsa Loquitur
I guess he was unaware of Athens, as they had both, and then they had neither.
AI improves productivity, which can fund specific taxes to deliver universal income to ALL WORKERS as is being done and practised in certain countries over and above strategies for better cooperative ideas.
I wouldn't hold my breath for the bosses to share their profits just because they don't have to pay employees.
There are robots taking over massage therapists’ jobs 😢
Equinox in NYC has them.
$7.25/hour...Wow! Grab your Boots and Shovels: There remains much Bullcrap to remove from Economic Elite Street, USA.
the history here can hopefully be discribed as "the events that lead to the 3rd American revolution" (the civil war is considered the 2nd in marxist terms)
Few people know that May Day originated in the USA. 🎀
Thier is a case for invoking article 6 at United nations
👍✨♥
Safety conditions ...........
I was expecting to hear about the 35 trillion dollar debt incurred to stave off 2007, instead we didn't ever hear about what will happen to the debt.
Should workers know that they make junk that is designed to become obsolete?
Do economists know? Can they figure it out?
Where is the data on the annual depreciation of automobiles since Sputnik? There isn't even a variable for it in the Net Domestic Product equation.
Please explain the process involved in designing something that will last forever?
The pyramids are still around...but other than being a tourist attraction, they
had little practical use.
@@jgalt308 Silly strawman comeback.
Who said FOREVER? You are like those economists who start talking about titanium.
Do you know what a bathtub curve is or a passive backplane?
@@psikeyhackr6914 So you chose a stupid response to an obvious question?
Was the first spear or cutting tool the best possible tool, or simply the first one
applied for that purpose? Was this planned obsolescence?
Now, take this principle and apply it to every innovation. Now apply it to every improvement
of that innovation?
Now explain at what point did this planned obsolescence become a thing?
Also explain the economics of the price of durability?
Your questions are very impressive...and I'm sure that you can also explain their relevance...
and how they would apply to the questions here.
Your turn.
ChatGPT:
"The average useful life of an automobile in the United States is typically considered to be around 11-12 years, or about 150,000 miles."
Suppose that lifespan could have been doubled since 1960 without increasing prices by eliminating annual model changes? Only change what provided objective improvements. Like in real engineering not marketing psychology.
@@jgalt308
You mean saying FOREVER was not stupid?
America is headed for a situation similar to the French Revolution. I guarantee that a major socio-economic collapse will happen after the 2024 election, providing even more urgency and fuel for the working class to fight for the respect, dignity, and opportunity they have been denied for several decades. It will be painful and scary, but I hope we’ll emerge as a new nation truly dedicated to our founding values.
And what would those values be?
Acknowledge the fear, understand capitalism that it is not favourable for the majority.. The one percent controls the country, and this is not what everyone wants...
Open your mind, think out of the box as China Xi Jipeng said the world is big enough for every country to prosper, but will USA accept that fact...
The USA's people power should rise up now to change for now and for future generation.
Close all oversea military, and divert all these expenditures to build and rebuild the country, and with such huge spending there will be lots of job for everyone and at the same time reducing the huge debt that the country has to settle...
With Nuke bombs, no body wants to start a war, and USA is big for any country that dare not touch and interfere... God bless USA
REASON OVER PASSION
❤❤❤❤❤❤❤❤
Communist Commando says Hi to Richard and his team :)
So Walmart instead of making Making $6,000,000,000 makes $5,000,000,000 wow it's gonna put them out of business.
But if we work less we will make less. Not able to pay the increase in prices.
Profit margins: whatever the market will bear!😂