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The REAL reason behind the housing crisis
 In this video, Garys Economics breaks down the root causes of the UK housing crisis and examines why housing growth has stalled. He discusses the structural and economic issues at play, and hints at potential paths forward for a healthier housing m... In this video, Garys Economics breaks down the root causes of the UK housing crisis and examines why housing growth has stalled. He discusses the structural and economic issues at play, and hints at potential paths forward for a healthier housing m... -
Capitalism Is Failing - What’s Next?
(00:00:00) Every regime has its legitimizing story. Let’s look at capitalism. The story was that nobody likes capitalists, but if you have the market, and the market is competitive, and you have the butcher, the baker, and the brewer - the three pr...(00:00:00) Every regime has its legitimizing story. Let’s look at capitalism. The story was that nobody likes capitalists, but if you have the market, and the market is competitive, and you have the butcher, the baker, and the brewer - the three pr... -
The Bullshit Stinking Up Silicon Valley
(00:00) We haven't had a new hypergrowth market in tech for about 12 to 15 years. Cloud computing and smartphones were the last big ones. Big Tech is no longer run by people who create technology. The people leading these companies are focused enti...(00:00) We haven't had a new hypergrowth market in tech for about 12 to 15 years. Cloud computing and smartphones were the last big ones. Big Tech is no longer run by people who create technology. The people leading these companies are focused enti... -
Meet the EVIL Billionaire Couple That Controls Californias Water
(00:04) You’ve written a fascinating article called “Oligarch Farmers and the Fires in Los Angeles.†Natural disasters are unavoidable, but how we intervene in natural landscapes and the societal decisions we make can either exacerbate or miti...(00:04) You’ve written a fascinating article called “Oligarch Farmers and the Fires in Los Angeles.†Natural disasters are unavoidable, but how we intervene in natural landscapes and the societal decisions we make can either exacerbate or miti... -
Class Struggles Worldwide
(00:01) Welcome to another edition of Economic Update, a weekly program about the economic dimensions of our lives and those of our children. I’m your host, Richard Wolff. Today, we’ll discuss topics that may seem disconnected but are deeply lin...(00:01) Welcome to another edition of Economic Update, a weekly program about the economic dimensions of our lives and those of our children. I’m your host, Richard Wolff. Today, we’ll discuss topics that may seem disconnected but are deeply lin... -
The Dangers and Opportunities of Artificial Intelligence
(00:01) Welcome, friends, to another edition of Economic Update, a weekly program focused on the economic aspects of our lives and those of future generations. I’m your host, Richard Wolff. Today, we’ll discuss three key topics: the opioid cris...(00:01) Welcome, friends, to another edition of Economic Update, a weekly program focused on the economic aspects of our lives and those of future generations. I’m your host, Richard Wolff. Today, we’ll discuss three key topics: the opioid cris... -
Yanis Varoufakis on his vision for a Socialist Society
(00:00) Yanis Varoufakis: What really appalls me about the world we live in is that most people's capacities and talents are being squashed by a regime of exploitation and oppression. This system doesn’t allow the little Mozarts, Einsteins, or Do...(00:00) Yanis Varoufakis: What really appalls me about the world we live in is that most people's capacities and talents are being squashed by a regime of exploitation and oppression. This system doesn’t allow the little Mozarts, Einsteins, or Do... -
Global Capitalism The U-S- Election and Trump 2-0 in Historical Perspective
(00:01) Welcome to another edition of Global Capitalism, brought to you by the Left Forum and Democracy at Work. Today’s presentation focuses on the recent U.S. presidential election, won by Donald Trump. We will discuss how the election unfolded...(00:01) Welcome to another edition of Global Capitalism, brought to you by the Left Forum and Democracy at Work. Today’s presentation focuses on the recent U.S. presidential election, won by Donald Trump. We will discuss how the election unfolded... -
MAGA DOUBLES DOWN on Springfield Claims as CHAOS Falls Upon Town
**(00:00)** I want to talk more about the Haitian migrants in Springfield, Ohio, and less about the coverage of cats, dogs, geese, and ducks. There's been limited and poor-quality information about the migrants—how they arrived in Springfield, an...**(00:00)** I want to talk more about the Haitian migrants in Springfield, Ohio, and less about the coverage of cats, dogs, geese, and ducks. There's been limited and poor-quality information about the migrants—how they arrived in Springfield, an... -
The Unspoken Economic Realities Of Elections - Part 3
(00:01) Welcome, friends, to another Wolff Response. This is the third part of a three-part series about the silence surrounding elections and economics. In the first two parts, I discussed how the two major parties and candidates—Trump and Harris...(00:01) Welcome, friends, to another Wolff Response. This is the third part of a three-part series about the silence surrounding elections and economics. In the first two parts, I discussed how the two major parties and candidates—Trump and Harris... -
Socialism for the Bankers Yanis Varoufakis on What Killed Capitalism
(0:00:00)  So, my hypothesis is that in 2008—well, this isn't a hypothesis; it's a fact, especially here in London—you all deeply understand how the City of London collapsed. Every single bank went bankrupt, including Barclays, which claime...(0:00:00)  So, my hypothesis is that in 2008—well, this isn't a hypothesis; it's a fact, especially here in London—you all deeply understand how the City of London collapsed. Every single bank went bankrupt, including Barclays, which claime... -
Ask Prof Wolff How Capitalism Distorts The Immigration Issue
(00:05) This is Richard Wolff from Democracy at Work, responding to another Ask Prof Wolff question from our Patreon community. This one comes from Theo. Theo asks about immigration and the frequent opposition of working-class people to immigration,...(00:05) This is Richard Wolff from Democracy at Work, responding to another Ask Prof Wolff question from our Patreon community. This one comes from Theo. Theo asks about immigration and the frequent opposition of working-class people to immigration,... -
Is China the Final Phase of Capitalism
(00:00) There was a very interesting development in the socialist movement of the 19th and 20th centuries. To everyone's surprise, socialists became steadily more powerful. They gained influence through trade unions, intellectual movements, and vari...(00:00) There was a very interesting development in the socialist movement of the 19th and 20th centuries. To everyone's surprise, socialists became steadily more powerful. They gained influence through trade unions, intellectual movements, and vari... -
The 7 Lies of Wage Slavery
(00:02) Recently, I received a comment saying that I come from a privileged, entitled generation and that I should be grateful to have a job. This person also suggested that I get a "reality check." Great idea, let's do that. (00:22) In 20 years, t...(00:02) Recently, I received a comment saying that I come from a privileged, entitled generation and that I should be grateful to have a job. This person also suggested that I get a "reality check." Great idea, let's do that. (00:22) In 20 years, t... -
China Dumps US Debt Fearing a Capitalist Armageddon
(00:50) Capitalism has always had financial problems the way the system works produces financial problems here in the United States we have a governmental system that works as follows on the one hand you have corporations and the rich they are a m...(00:50) Capitalism has always had financial problems the way the system works produces financial problems here in the United States we have a governmental system that works as follows on the one hand you have corporations and the rich they are a m... -
US DECLINE Massive Bank Crashes Economic Downturn Accelerates Prof- Richard Wolff Part 1
(00:55)Â Â Professor welcome back it's so great to see you again thank you I'm very glad to be here so the US economy appears to be on the brink of a major let's just say event domestically the economy continues (01:26) to weaken while the entire...(00:55)Â Â Professor welcome back it's so great to see you again thank you I'm very glad to be here so the US economy appears to be on the brink of a major let's just say event domestically the economy continues (01:26) to weaken while the entire... -
How Capitalism Becomes Feudalism Severance and Technofeudalism
(00:00) You shovel 16 tons and what do you get another day older and I'm deeper in debt.. St Peter don't you call me, cuz I can't go easy, because I owe my soul to the company store.In the late 19th century as the Second Industrial Revolution rapidl...(00:00) You shovel 16 tons and what do you get another day older and I'm deeper in debt.. St Peter don't you call me, cuz I can't go easy, because I owe my soul to the company store.In the late 19th century as the Second Industrial Revolution rapidl... -
Economist Joseph Stiglitz on Pro-Palestine campus protests, Trump and rethinking freedom
Economist Joseph Stiglitz Challenges Neoliberalism and Advocates for Progressive Capitalism amid Campus Protests on Freedom of Speech [00:02] Freedom of protest vs freedom to learn - The conflict arises when students occupy buildings for protests...Economist Joseph Stiglitz Challenges Neoliberalism and Advocates for Progressive Capitalism amid Campus Protests on Freedom of Speech [00:02] Freedom of protest vs freedom to learn - The conflict arises when students occupy buildings for protests... -
How Banks Create Money Out of NOTHING - Richard Werner
How Banks Create Money Out Of NOTHING! Richard Werner reveals the magic. The Evolution of Banking Theories - From Financial Intermediaries to Credit Creation, Richard Werner Interview. [00:02] Banks operate under three theories: financial intermedi...How Banks Create Money Out Of NOTHING! Richard Werner reveals the magic. The Evolution of Banking Theories - From Financial Intermediaries to Credit Creation, Richard Werner Interview. [00:02] Banks operate under three theories: financial intermedi... -
How Google ruined search in pursuit of growth
Here is a perfect chronicle that exemplifies the end of capitalism. They story is about how Google, in search for more profit, damaged its Search product, chasing growth and pleasing wall street. The post discusses a series of internal crises and ch...Here is a perfect chronicle that exemplifies the end of capitalism. They story is about how Google, in search for more profit, damaged its Search product, chasing growth and pleasing wall street. The post discusses a series of internal crises and ch... -
Was Israel Going to Nuke Iran as Pepe Escobars Source Claims?
Ray McGovern a former CIA analyst discusses the Israeli strike on Iran and reports that Israel intended to exploder a nuclear bomb over Iran's airspace to neutralize all their digital space. [00:06] Israel's attack on Iran had complexities and co...Ray McGovern a former CIA analyst discusses the Israeli strike on Iran and reports that Israel intended to exploder a nuclear bomb over Iran's airspace to neutralize all their digital space. [00:06] Israel's attack on Iran had complexities and co... -
Why Growth Is Stupid
Rethinking Productivity and Economic Growth: Why the Focus on Growth Might Be Misplaced [00:02] Questioning the narrative of productivity and growth in the economy. - Issues prompted by an article about the collapse of the British economy and pol...Rethinking Productivity and Economic Growth: Why the Focus on Growth Might Be Misplaced [00:02] Questioning the narrative of productivity and growth in the economy. - Issues prompted by an article about the collapse of the British economy and pol... -
The Wrong Lessons From History
Naomi Klein and Yanis Varoufakis examine the Rise of Far Right and Fascism in North America. [00:03] Rise of far-right and spectre of fascism in North America - Discussion on the grim election cycle in 2024 with unfolding genocide in Gaza and Trum...Naomi Klein and Yanis Varoufakis examine the Rise of Far Right and Fascism in North America. [00:03] Rise of far-right and spectre of fascism in North America - Discussion on the grim election cycle in 2024 with unfolding genocide in Gaza and Trum... -
Understanding the consequence of techno feudalism
The speaker exposes cloud capitalism. The contents of this post are an excellent example of the consequence of techno feudalism as described by Yanis Varoufakis. You learn how cloud companies have created monopolies by initially offering below ma...The speaker exposes cloud capitalism. The contents of this post are an excellent example of the consequence of techno feudalism as described by Yanis Varoufakis. You learn how cloud companies have created monopolies by initially offering below ma... -
Game Theory is Broken
Economists have gotten game theory wrong for seventy years. Capitalism today uses game theory to maximize profits, but the problem is that game theory is based on a win-lose ideology and this ideology has broken our society. We need a win-win menta...Economists have gotten game theory wrong for seventy years. Capitalism today uses game theory to maximize profits, but the problem is that game theory is based on a win-lose ideology and this ideology has broken our society. We need a win-win menta... -
Global Capitalism: Europe 2024: Disunity, Decline, Despair
Transcript: (00:01) Welcome friends to another of our monthly global capitalism presentations. As always, this evening  is presented jointly by the Left Forum and by Democracy at Work. We present them as a way of  summarizing and focusin...Transcript: (00:01) Welcome friends to another of our monthly global capitalism presentations. As always, this evening  is presented jointly by the Left Forum and by Democracy at Work. We present them as a way of  summarizing and focusin... -
Capitalism is dead and so are we Yanis Varoufakis interview
(00:00) Mr. Sunak, I understand that, generally speaking, you have less power than Winston Churchill had. But, mate, you have the power to do incredible things—yet you are not using it. The reason you're there is because you're representing the in...(00:00) Mr. Sunak, I understand that, generally speaking, you have less power than Winston Churchill had. But, mate, you have the power to do incredible things—yet you are not using it. The reason you're there is because you're representing the in... -
US Capitalism at a Crossroads: The Labor Movement Upsurge in Recent Years
In this episode of "Economic Update," Richard Wolff discusses the current state of U.S. capitalism, suggesting it is at a critical juncture. He highlights the recent upsurge in labor movements, citing a significant increase in strikes and labor pr...In this episode of "Economic Update," Richard Wolff discusses the current state of U.S. capitalism, suggesting it is at a critical juncture. He highlights the recent upsurge in labor movements, citing a significant increase in strikes and labor pr... -
Yanis Varoufakis Discusses Techno Feudalism and China's Impact on Global Capitalism
Yanis Varoufakis, former Finance Minister of Greece, author, and co-founder of DiEM25, discusses his latest book "Techno-Feudalism," which posits that the global economic system has evolved beyond traditional capitalism. Varoufakis argues that cap...Yanis Varoufakis, former Finance Minister of Greece, author, and co-founder of DiEM25, discusses his latest book "Techno-Feudalism," which posits that the global economic system has evolved beyond traditional capitalism. Varoufakis argues that cap... -
Venture Capital Fuels U.S. Military Support for Israel, Egypt, and Saudis
An interview with Shana Marshall, the Associate Director of the Institute for Middle East Studies at George Washington University, conducted by Talia Baroncelli. The discussion revolves around the role of financial actors, particularly venture capi...An interview with Shana Marshall, the Associate Director of the Institute for Middle East Studies at George Washington University, conducted by Talia Baroncelli. The discussion revolves around the role of financial actors, particularly venture capi... -
China Vs. a Myth of Stolen Technology
Richard Wolff addresses the accusation that China has stolen Western technology or exploited Western greed for its benefit. He argues that the act of countries copying or adopting advanced technology from others to catch up economically is a hist...Richard Wolff addresses the accusation that China has stolen Western technology or exploited Western greed for its benefit. He argues that the act of countries copying or adopting advanced technology from others to catch up economically is a hist... -
The Privatization of Everything: A conversation with author Donald Cohen and Marianne Williamson
"Interview with Donald Cohen about his book 'The Privatization of Everything' and the erosion of American democracy." [00:00] The book discusses the privatization of public goods in America and how it has transformed the country. - The author addre..."Interview with Donald Cohen about his book 'The Privatization of Everything' and the erosion of American democracy." [00:00] The book discusses the privatization of public goods in America and how it has transformed the country. - The author addre... -
The persecution of Jeremy Corbyn with Asa Winstanley
Jeremy Corbyn, former leader of the UK Labour Party, faced character assassination and party purges after championing Palestinian rights. [00:02] The socialist leader Jeremy Corbyn faced character assassination and was eventually driven out of th...Jeremy Corbyn, former leader of the UK Labour Party, faced character assassination and party purges after championing Palestinian rights. [00:02] The socialist leader Jeremy Corbyn faced character assassination and was eventually driven out of th... -
Noam Chomsky on how to stop planetary destruction and move past capitalism
Chomsky discusses workers' control of production and the influence of elites in driving us towards global disaster through capitalism. [00:00] Workers control of production - Should communities be run by the Community Council or by the rich people ...Chomsky discusses workers' control of production and the influence of elites in driving us towards global disaster through capitalism. [00:00] Workers control of production - Should communities be run by the Community Council or by the rich people ... -
Cornel West on capitalism, Ukraine, and his presidential run
Dr. Cornel West is running for president on the People's Party ticket, calling for social and political change. He discusses his candidacy and past political affiliations. [00:34] Dr. Cornel West is running for president on the People's Party ticke...Dr. Cornel West is running for president on the People's Party ticket, calling for social and political change. He discusses his candidacy and past political affiliations. [00:34] Dr. Cornel West is running for president on the People's Party ticke... -
America: The Farewell Tour
The introduction provides a brief background of Chris Hedges, his experience as a journalist and author, and his latest book. - Chris Hedges is a Pulitzer prize-winning journalist for the New York Times with 15 years of experience as a foreign co...The introduction provides a brief background of Chris Hedges, his experience as a journalist and author, and his latest book. - Chris Hedges is a Pulitzer prize-winning journalist for the New York Times with 15 years of experience as a foreign co... -
How to Ruin an Economy Some Simple Ways
**(00:00)** Let’s suppose, for some perverse reason, we want to ruin an economy and society. To make it interesting, let’s choose a difficult case—not the Central African Republic, where it could be done easily, but a rich and powerful society...**(00:00)** Let’s suppose, for some perverse reason, we want to ruin an economy and society. To make it interesting, let’s choose a difficult case—not the Central African Republic, where it could be done easily, but a rich and powerful society... -
Prof- Richard Wolff on Global Parasites and New Climate Scam
(00:00) I'm very pleased to be once again speaking with my friend and friend of the program Professor Richard Wolff Richard Wolff is the host of economic update on Free Speech TV he is an economist and economics professor and an economic historian ...(00:00) I'm very pleased to be once again speaking with my friend and friend of the program Professor Richard Wolff Richard Wolff is the host of economic update on Free Speech TV he is an economist and economics professor and an economic historian ... -
Varieties of the Rat Race: Conspicuous Consumption in the US & Germany
In summary, Professor Van Treeck is discussing the differences in economic and social systems between Germany and the United States, specifically in regards to education, healthcare, and income distribution. He references the predictions made by econ...In summary, Professor Van Treeck is discussing the differences in economic and social systems between Germany and the United States, specifically in regards to education, healthcare, and income distribution. He references the predictions made by econ... -
How the war machine took over the Democrats with Dennis Kucinich
(00:02) There was once a wing of the democratic party that stood up to the War Industry J William Fulbright George McGovern uh Gene McCarthy Mike Gravel William proxmire of course Dennis kucinich but that was largely decades ago the new Democrats es...(00:02) There was once a wing of the democratic party that stood up to the War Industry J William Fulbright George McGovern uh Gene McCarthy Mike Gravel William proxmire of course Dennis kucinich but that was largely decades ago the new Democrats es... -
Overpaid FAANG Employees Are Getting A Harsh Reality Check
A great education on how Tech companies compensate their employees with stock options and how this is only sustainable as long as these companies have double digit growth. [00:11] Tech companies are implementing mass layoffs and hiring freezes. - Lay...A great education on how Tech companies compensate their employees with stock options and how this is only sustainable as long as these companies have double digit growth. [00:11] Tech companies are implementing mass layoffs and hiring freezes. - Lay... -
What We Learned from the Fight for Paid Sick Leave for Rail Workers
Senator Sanders reports that everyone but Joe Manchin plus 6 Republicans voted for Railroad workers to get 7 days paid sick leaves, but the measure didn't pass because they needed 60 votes. He also reports that the Railroad industry has been making u...Senator Sanders reports that everyone but Joe Manchin plus 6 Republicans voted for Railroad workers to get 7 days paid sick leaves, but the measure didn't pass because they needed 60 votes. He also reports that the Railroad industry has been making u... -
Thom Hartmann: The Hidden History of the Oligarchy
Thom Hartman talks about how Americans have fought oligarchy multiple times in our history and we the people have the power to change it if we have the political will. This is an incredible important history of the American Democracy, a must listen.Thom Hartman talks about how Americans have fought oligarchy multiple times in our history and we the people have the power to change it if we have the political will. This is an incredible important history of the American Democracy, a must listen. -
Inflation, Europe's energy crisis, and the Fed with Richard Wolff
Dr Wolf criticizes the Federal Reserve for its handling of inflation, points out some alternatives and historic references to LBJ and Richard Nixon on how they dealt with inflation effectively. He also talks about the profiteering of corporations a...Dr Wolf criticizes the Federal Reserve for its handling of inflation, points out some alternatives and historic references to LBJ and Richard Nixon on how they dealt with inflation effectively. He also talks about the profiteering of corporations a... -
Enough Is Enough Rail Workers Decry Bidens Push to Impose Strike-Breaking Labor Deal
(00:00) President Biden is warning that a looming rail strike could have devastating Economic Consequences and is called on house lawmakers to vote today to block the strike and force through a contract deal that raises wages by nearly 25 percent b...(00:00) President Biden is warning that a looming rail strike could have devastating Economic Consequences and is called on house lawmakers to vote today to block the strike and force through a contract deal that raises wages by nearly 25 percent b... -
The Austerity to Fascism Pipeline
Political economist Clara Mattei talks about her new book. She explains the invention of austerity politics, how it's been sold to the masses historically, and breaks down a recent Obama interview in which he carries water for what he calls, "inclus...Political economist Clara Mattei talks about her new book. She explains the invention of austerity politics, how it's been sold to the masses historically, and breaks down a recent Obama interview in which he carries water for what he calls, "inclus... -
Intel Report Warned Abraham Accords Would Fuel Violence
President Joe Biden is now pushing for a version of the Abraham Accords on steroids, leaving Palestinians behind. Like Trump, the Biden administration has sought to portray this as a peace agreement. But it is, again, essentially a financial deal in...President Joe Biden is now pushing for a version of the Abraham Accords on steroids, leaving Palestinians behind. Like Trump, the Biden administration has sought to portray this as a peace agreement. But it is, again, essentially a financial deal in... -
FTC Chief Khan blames baby formula shortage, high meat prices on monopoly power
During a Congressional hearing, FTC Chairwoman Lina Khan discussed the role of market concentration in recent shortages and price hikes for baby formula and meat packing. The baby formula shortage was triggered by an Abbott Laboratories recall due ...During a Congressional hearing, FTC Chairwoman Lina Khan discussed the role of market concentration in recent shortages and price hikes for baby formula and meat packing. The baby formula shortage was triggered by an Abbott Laboratories recall due ... -
Waltzing Toward Armageddon with the Merchants of Death
Chris Hedges criticizes the resurgence of Cold War dynamics and the aggressive actions of the United States and its allies, particularly towards Russia. He argues that the decision to antagonize Russia after the Cold War ended was a grave mistake...Chris Hedges criticizes the resurgence of Cold War dynamics and the aggressive actions of the United States and its allies, particularly towards Russia. He argues that the decision to antagonize Russia after the Cold War ended was a grave mistake... -
How We Get Beyond Capitalism
(00:24) I'm your host, Richard Wolff. Today, I want to introduce you to the "Social Progress Index," if you're not already familiar with it. (00:52) You can find out more about it online. It was founded in 2011 by Nobel Prize-winning economists a...(00:24) I'm your host, Richard Wolff. Today, I want to introduce you to the "Social Progress Index," if you're not already familiar with it. (00:52) You can find out more about it online. It was founded in 2011 by Nobel Prize-winning economists a... -
A Critique of Robert Reich
(00:00) This is Richard Wolff for Democracy at Work, responding to another Ask Prof Wolff question from our Patreon community. This one comes from Tom Hall. Tom says he's been looking at Robert Reich's book "Saving Capitalism" (I believe that's the ...(00:00) This is Richard Wolff for Democracy at Work, responding to another Ask Prof Wolff question from our Patreon community. This one comes from Tom Hall. Tom says he's been looking at Robert Reich's book "Saving Capitalism" (I believe that's the ... -
Must-Watch: Cornel West on White Supremacy & Capitalism with Richard Wolff
The episode of "The Laura Flanders Show" features a discussion on capitalism and white supremacy with Dr. Cornel West and Professor Rick Wolff. They explore Karl Marx's critique of capitalism and its failure to deliver liberty, equality, fraternit...The episode of "The Laura Flanders Show" features a discussion on capitalism and white supremacy with Dr. Cornel West and Professor Rick Wolff. They explore Karl Marx's critique of capitalism and its failure to deliver liberty, equality, fraternit... -
Bill Moyers and Chris Hedges on Capitalisms Sacrifice Zones
Bill Moyers talks to Chris Hedges about his book on Capitalism and war. He talks about what unfettered capitalism has done to our society here in the US and how corporations have turned areas of this country into sacrifice zones, where the individual...Bill Moyers talks to Chris Hedges about his book on Capitalism and war. He talks about what unfettered capitalism has done to our society here in the US and how corporations have turned areas of this country into sacrifice zones, where the individual...
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