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Ask Prof Wolff The True Cost of Sanctions
(00:05) This is Richard Wolff from Democracy at Work, responding to another Ask Prof Wolff question from our Patreon community. Mary asks whether it is sometimes justified to impose sanctions on a country, even when they hurt average citizens, beca...(00:05) This is Richard Wolff from Democracy at Work, responding to another Ask Prof Wolff question from our Patreon community. Mary asks whether it is sometimes justified to impose sanctions on a country, even when they hurt average citizens, beca... -
Western sanctions failing EU imports more Russian gas China beats US tech war
(00:01) We are living through a new Cold War, Cold War II, and in the 21st century, wars like this are often waged through economic means—economic warfare, also known as sanctions. When sanctions are imposed unilaterally by a country without Unite...(00:01) We are living through a new Cold War, Cold War II, and in the 21st century, wars like this are often waged through economic means—economic warfare, also known as sanctions. When sanctions are imposed unilaterally by a country without Unite... -
Prof. Richard Wolff: Economics of the Ukraine and Gaza Wars & the rise of Artificial Intelligence
Prof. Richard Wolff on Ukraine & Gaza Wars, Sanctions Impact, and the Decline of the American Empire [00:06] Sanctions on Russia's military industrial complex are a complete failure. - The impact of sanctions on Russia's economy contradicts the i...Prof. Richard Wolff on Ukraine & Gaza Wars, Sanctions Impact, and the Decline of the American Empire [00:06] Sanctions on Russia's military industrial complex are a complete failure. - The impact of sanctions on Russia's economy contradicts the i... -
Richard Wolff on How Russia Destroyed NATOs Sanctions War and changed Geopolitics FOREVER
Economist Richard Wolff discusses how Russia's successful defeat of NATO sanctions not only saved its economy but also fueled the rise of another: China. [00:01] Russia's response to sanctions changed global automobile exports. - Russia retaliated ag...Economist Richard Wolff discusses how Russia's successful defeat of NATO sanctions not only saved its economy but also fueled the rise of another: China. [00:01] Russia's response to sanctions changed global automobile exports. - Russia retaliated ag... -
Cold War mentality: Chinas Xi denounces abuse of sanctions
Chinese President Xi Jinping, during a BRICS virtual meeting, urged opposition to unilateral sanctions and criticized countries seeking to maintain political and military dominance, indirectly targeting the U.S. and its allies over the Ukraine confl...Chinese President Xi Jinping, during a BRICS virtual meeting, urged opposition to unilateral sanctions and criticized countries seeking to maintain political and military dominance, indirectly targeting the U.S. and its allies over the Ukraine confl... -
China scrambles for cover from Wests financial weapons
The Western-led freeze on Russia's gold and foreign exchange reserves following its invasion of Ukraine alarmed China, highlighting the potential vulnerability of its own foreign reserves. With over half of its $3 trillion in reserves held in U.S....The Western-led freeze on Russia's gold and foreign exchange reserves following its invasion of Ukraine alarmed China, highlighting the potential vulnerability of its own foreign reserves. With over half of its $3 trillion in reserves held in U.S.... -
Bidens Russian roulette may kill dollar dominance
In the 1960s, French Finance Minister Valéry Giscard d’Estaing described the U.S. dollar's role as the world's reserve currency as giving the U.S. an "exorbitant privilege." Recent actions by President Joe Biden have demonstrated this power mor...In the 1960s, French Finance Minister Valéry Giscard d’Estaing described the U.S. dollar's role as the world's reserve currency as giving the U.S. an "exorbitant privilege." Recent actions by President Joe Biden have demonstrated this power mor... -
Matt Duss on Ukraine Crisis & How U.S. Shock Therapy Enabled Putin
Matt Duss, a Bernie Sanders and a first generation immigrant from Ukraine discusses the consequences of sanctions and diplomacy to end the assault on Ukraine. He mentions that according to some reports Russia has lost 7000 troops, an number that exce...Matt Duss, a Bernie Sanders and a first generation immigrant from Ukraine discusses the consequences of sanctions and diplomacy to end the assault on Ukraine. He mentions that according to some reports Russia has lost 7000 troops, an number that exce... -
Sanctions Did notHelp Cubans, Iranians or Venezuelans. They Will not Help Afghans.
The Biden administration has ended the U.S. military presence in Afghanistan, but economic sanctions are set to continue impacting the country severely. The U.S. has frozen Afghanistan's financial reserves, the IMF has cut off its Special Drawing Ri...The Biden administration has ended the U.S. military presence in Afghanistan, but economic sanctions are set to continue impacting the country severely. The U.S. has frozen Afghanistan's financial reserves, the IMF has cut off its Special Drawing Ri... -
Economist Jeffrey Sachs: U.S. Sanctions Have Devastated Venezuela & Killed Over 40,000 Since 2017
[00:00] Economic sanctions on Venezuela are collective punishment - Economic collapse in Venezuela is catastrophic - The Trump administration's goal is to overthrow Maduro [01:18] US sanctions caused a social and humanitarian crisis in Venezuela - S...[00:00] Economic sanctions on Venezuela are collective punishment - Economic collapse in Venezuela is catastrophic - The Trump administration's goal is to overthrow Maduro [01:18] US sanctions caused a social and humanitarian crisis in Venezuela - S...
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