Global Capitalism: Live Economic Update

We are thrilled to share the replay of Democracy at Work and The Left Forum's special live, in-person Global Capitalism event, held last Wednesday at Women Building Up (WBU). Professor Wolff gave a special "May Day" Global Capitalism Lecture on the impact of President Trump's economic policies and how they are ultimately an attack on working people We would like to thank Susan Shah, Kim Westcott and all the remarkable people at Women Building Up for hosting Democracy At Work and The Left Forum. Presented by Democracy at Work and the Left Forum   Presented by Democracy at Work and the Left Forum   Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

Professor Wolff will present four key points that reveal the emergence of a new Cold War the U.S. has embarked upon in response to the rise of global alliances from which it is being excluded and that challenge the near century-old American economic dominance. I. The Old Cold War Targeted Communism in the West and the USSR as its Source II. The New Cold War Targets China and the BRICS III. Trump/Musk Target the US Working Class and its Allies IV. Europe's Decline Deepens Presented by Democracy at Work and the Left Forum   Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

We are thrilled to share the replay of Democracy at Work and The Left Forum's special live, in-person Global Capitalism event, held this past Saturday at Women Building Up (WBU). Professor Wolff gave his thoughts and analysis on what the new Trump Presidency means and how we may react.    Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

The U.S. Election and Trump 2.0 in Historical Perspective Topics Include: The overdetermination of the vote The new government Persistent problems of a declining empire Co-sponsored by Democracy at Work and Left Forum   Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

West in Turmoil 2024: Big Elections, Big Social Changes Topics Include: Harris vs Trump: civil and class struggles converge Western Europe: UK elections = collapse of conservative votes, French elections = death of political center Germany elections = rise of fascist Right and of “Bundnis Sahra Wagenknecht”   Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Co-Sponsored by The Left Forum Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

The Decline of the US Empire Topics: Military Losses: Vietnam, Afghanistan, Iraq, Ukraine Economic Losses: The Rise of BRICS Political Losses: Israel, Sanctions The Decline of US Capitalism: What Next?   Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Co-Sponsored by The Left Forum Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

A Marxist Critique of Capitalism for 2024 - Core Issues: Labor, Surplus, Exploitation - Inequality and Injustice - Instability: Cycles and Crises - Alternatives to Capitalism Co-sponsored by Democracy at Work and Left Forum Special messages to our audience: Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work.   Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Co-Sponsored by The Left Forum Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

  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. Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Co-Sponsored by The Left Forum Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk  

February's Lecture Outline: Europe 2024: Disunity, Decline, Despair Ukraine + Sanctions = European De-industrialization Fascism's Resurgence/Immigration Caught Between: China Up, US Down Euro-farmers' Protest: Europe's Future UK: Conservative and Labor Collapses Co-sponsored by Democracy at Work and Left Forum Thank you for being an integral part of our community. Your engagement and support fuel our mission to foster critical discussions and insights. Together, we're building a more informed, equitable, and united world. Stay connected, and let's continue this journey towards understanding and change. Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Co-Sponsored by The Left Forum Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk  

Democracy at Work in conjunction with The Left Forum Presents: Global Capitalism Live Economic Update with Professor Richard D. Wolff   Socialism in Today's World: the 4 Kinds -       3 Kinds of State Role in Economy -       1 Kind of Workplace Revolution -       Saving Capitalism from Itself -       Socialism, Fascism and Capitalism's Decline   Co-sponsored by Democracy at Work and Left Forum   Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).  Follow Democracy at Work on Twitter, Facebook, Instagram and YouTube.   Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.   Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )   Your support helps to produce and distribute these talks. Thank you.   Co-Sponsored by The Left Forum Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

Democracy at Work in conjunction with The Left Forum Presents: Global Capitalism Live Economic Update with Professor Richard D. Wolff   Presentation Topic: A Resurgent U.S. Labor Movement Updates will include analyses of:   -  Starbucks, Doctors, Autoworkers, etc. -  Why Labor Resurgence Now? -  Labor's Goals and Tactics -  Alliances with Political Parties -  Between Capitalism and Socialism   Co-Sponsored by The Left Forum Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

Capitalism Turns to the Authoritarian State   ·       Why Private Capitalism Makes That Turn   ·       Why State Capitalism Makes That Turn   ·       Will the Authoritarian State Save or End Capitalism?  (United States vs. China)   ·       Socialism and the Authoritarian State.   Co-sponsored by Democracy at Work and Left Forum Special messages to our audience:  Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).    Follow Democracy at Work on Twitter, Facebook, Instagram, and YouTube. Our four Democracy at Workbooks, three written by Richard Wolff (Understanding Marxism, Understanding Socialism and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) and our latest by Robert Hennelly (Stuck Nation: Can the United States change course on our history of choosing profits over people?) are for sale. Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork  ).       Your support helps to produce and distribute these talks. Thank you.  

In this month's Global Capitalism lecture, Prof. Wolff discusses the following topics: France's General Strike March 7, 2023 Women, Unions and Strikes in the US Inflation, Profits, Inequality in the US State versus Private Capitalism: China *Global Capitalism is produced by @democracyatwrk

In this lecture, Prof. Wolff will discuss the following: At an Historical Turning Point Impact on US Impact on Europe Impact on China, India, Russia, BRICS

In this lecture, Prof. Wolff will discuss the following: US mid-term elections US Capitalism: Crises at home US capitalism: Crises abroad

In this lecture, Prof. Wolff will discuss the following: Compare economic performances (GDP growth, inflation, real wages) Ukraine War/Taiwan Provocations as both China-US conflicts US edges closer to civil war and foreign wars at same time: implications

In this lecture, Prof. Wolff will discuss the following: Global economic splits: US/UK/Japan/Australia vs BRICS+ US political splits: inflation, interest rates, recession, stock market crash, deepening inequality, Democratic Party self destruction Cultural splits: abortion, Miranda, church-state

In this lecture, Prof. Wolff will discuss the following: Rising US labor militancy: Amazon to Grinnell College Housing and stock market: bubbles and bursts French left unity: a model for the world? McConnell, GOP serve lenders, crush students with debt

In this lecture, Prof. Wolff will discuss the following: Impact of Ukraine events What the FED can and cannot do about it Solutions for inflation, past and present

In this lecture, Prof. Wolff will discuss the following: US Capitalism's Public Health Disaster: Where Blame Belongs Trying to Shift Blame to Mandates: Desperate Libertarianism Covid, Inflation,“Broken Supply Chains” = Systemic Crisis

In this lecture, Prof. Wolff will discuss the following: Major Chinese Economic Achievements and Problems China-US Interdependence, Competition, and Cold War Is China Socialist? What does “Chinese Socialism” Mean?

In this lecture, Prof. Wolff will discuss the following: Medical (Covid) and military (Afghanistan) defeats deepen social divisions Exploding debt bubbles (gov't, corporate, and personal) Threats of inflation China's rise as a US competitor: its “surprise” strategy

In this month's lecture, Prof. Wolff will discuss the following: China's Economic Growth since its Revolution (1949) China's Economic “Model” and the Global Economy China, Capitalism, and Socialism China versus the US: Options versus Threats

In this month's lecture, Prof. Wolff will discuss the following:  Changes in Government Spending and Taxing Joe Biden and Franklin Roosevelt: Differences and Similarities Historic Decline of US Capitalism: Reality vs Denial

In connection with Prof. Wolff’s discussion of the main topic above, he will also give short updates on: who lost what; who gained what; where is the US economy headed now; and lastly, political fallout: revisiting the January 6 DC assault

Professor Wolff will also give short updates on: the US military intervention in elections; a major political breakthrough in Argentina led by women; the economics of advertising; Trump’s political crash and lastly, Biden’s Economic “Team.”

This is a special post-election Global Capitalism featuring comments from guests Lee Camp, Lee Carter, Laura Flanders, Jessica Gordon-Nembhard, Nomi Prins, and Yanis Varoufakis.

Prof. Wolff presents the following topics: the failures mount: failed preparation for COVID-19; failed containment of COVID-19; failed preparation for 2020 capitalist crash; failed containment of crash’s social effects; failed scapegoating. The social problems explode: systemic racism; State and local budget collapse; unaffordable housing and eviction.

Topics: mass unemployment undercuts US capitalism; Trump vs Biden: neither are solutions, the choice is a symptom of system decline; what old socialist responses to today’s crisis would be; what new socialist solutions to today’s crisis could be. Wolff also covers: why US capitalism has needed racism, and and how it has used it; why US current protests against racism and police violence are so strong.

Prof. Wolff talks about the protests sweeping across the US incited by yet another brutal killing of a Black American, George Floyd. He argues that the capitalist system, with its endless drive for profits over people, is the true culprit and failing Americans. The levels of inequality, massive unemployments, and injustices are symptomatic of a system that is in deep trouble. Divide and conquer, or class war is the tactic capitalists are using to distract Americans from uniting against the common enemy: capitalism.

Topics: why capitalist enterprises & governments failed to prepare for Corona; private unemployment vs gov’t re-employment; pandemic policies worsen inequality, instability of capitalism; how to do better than capitalism during Corona. In connection with Wolff’s discussion of the main topic above, he covers the following issues: Bubonic plague/feudalism dies; Corona virus/capitalism dies; the pandemic and worker cooperative enterprises.

In connection with Wolff’s discussion of the main topic above, he will also cover the following issues:  US in decline turns nationalist, drops old allies, targets China  Europe in decline turns toward China, away from US UK and Japan: isolated, in greater decline Other nations desperate to survive amid changing alliances Bloomberg: another billion dollar disaster uses the system Why some mega-corporations are OK with Green New Deal movement

In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the January 08, 2020, event:  How, why US economy is not in “great” shape  How, why US capitalism now struggles between tariffs, trade wars (protectionism) and free trade (globalization)  Tensions, conflicts with China  Class War in France: Macron vs united unions and yellow vests  Class War in the UK: Labor Party defeat, Brexit, and what comes next

In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the November 13, 2019, event: - Current wealth tax proposals by Bernie Sanders, Elizabeth Warren - How US already taxes wealth (of some, not others} - How other countries tax wealth - How US enables/allows wealth to escape taxes - Redistributing wealth: pros and cons- The protest movements in Chile, Lebanon and beyond and how they differ from those in Hong Kong - The overdue critique of “libertarian” capitalism

In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the July 10th, 2019, event: Gainers and Losers Trade Wars and Military Wars A New US Isolationism? Trade War, Recession, and the 2020 Election

In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the July 10th, 2019, event: - US-China Trade War and Tariffs - Immigration, Census Questionnaire, Anti-foreigner propaganda - Student Debt Relief - Federal Reserve and Lowering Interest Rates

In connection with Wolff’s discussion of the main topic, he will also cover the following issues at the May 8, 2019, event: 1. Libertarianism and socialism 2. Anti-capitalism and socialism 3. Democratic socialism: its multiple meanings

These programs begin with 30 minutes of short updates on important economic events of the last month, then Prof. Wolff analyzes several major economic issues. For March 2019, these issues will include: 1. The record US gov’t budget deficit in 2018: causes and effects 2. The record US trade deficit in 2018: causes and effects 3. Unions reviving? Strikes, organizing and the looming strategic decision they face about socialism in the US  

In connection with Wolff’s discussion of the main topic, he will also cover the following issues at the January 9, 2019, event: 1. Historic “yellow vests” movement in France and beyond 2. GOP and Dems face threats, splits, and opportunities 3. Record global debt levels and crises capitalism

In connection with the main topic above, Prof. Wolff discusses: 1. Is another crash coming? 2. The economic and political lessons from young US socialists winning elections 3. The main, different meanings of “socialism” these days.    

Economic Nationalism: How Capitalism Tries to Cope With Extreme Inequality As global capitalism changes, each country tries to grab gains from and shift losses onto others: nationalist hostility becomes the new “spirit of the age” (Brexit, Trump, demonization of immigrants and foreigners, etc.). In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the September 2018, event: Emerging market crises (Venezuela, Turkey, Argentina, Indonesia, etc.) Modern Monetary Theory, how banks create money, and the meaning of today’s record levels of government, corporate and personal debts.

These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For July 2018, these issues will include: : The anti-union Janus decision of the Supreme Court The Obrador election victory of the left in Mexico

These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For May 2018, these issues will include: : 1. Power and potential of public school teachers’ strikes 2. The 200th anniversary of Marx’s birth and Marxian economics today 3. Comparing the conditions of the US and Chinese working classes today

Co-sponsored by Democracy at Work and Judson Memorial Church These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For March 2018, these issues will include:  West Virginia public school teachers strike victory Why 700 Quebec doctors reject salary increases Economics of the US gun industry

Co-sponsored by Democracy at Work and Judson Memorial Church These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For January 2018, these issues will include:  Reviving the “privatization” myth (that private works better) Reviving the “deficit problem” myth (their tax cut caused that deficit) Pushing the bottom 2/3 of Americans into long-term economic decline. Learn more: http://www.democracyatwork.info/media#gc