Dr. Wolff gives an outstanding presentation! He's very effective in explaining things; uses humor when appropriate; easy to understand with an optimistic attitude. Rare qualities for a Leftist intellectual. We need more people on the Left to be like him in every sense of the word. He's a gem.

@MaximC

4 жыл бұрын

Very true, except I would say his qualities are just rare, and not rare for a leftist intellectual. And these qualities are not even that rare as we think they are, plus there are still relatively very few leftists/socialists in general.

@michaelcraig9449

4 жыл бұрын

Not really leftist, more basic common sense.

@bojanstare8667

2 жыл бұрын

We have to stop talking about left and right, conservative and democratic. We should talking ablout democracy, what professor has done. Such system was provided in Yugoslavia in 79-ies and it was called self-management. Part of that system was also voting system of delegates (in Slovene delegati), who can be reejected, if they have done against will of workers.

This is such a revolutionary interview. I’m sure that it will be cherished by future generations.

"The peak for the minimum wage was in 1968....been declining steadily since then" Wasn't 1968 the same year that Martin Luther King famously asked in a speech "In the richest country in the world, why are there so many poor people?" ?? In 1968 Martin Luther King was under active investigation by the FBI and Hoover considered him to be a "subversive". Martin Luther King got a bullet in the brain for his trouble. My stomach turns over listening to Obama talking about now everyone in America has the same chance in life. What a nauseating speech.

@herzwatithink9289

10 жыл бұрын

In think this video is pretty cool for showing how income inequality has grown... /watch?v=6zsXUDQXKuQ

@mathewashley06

7 жыл бұрын

+HerzWatIThink Income inequality has grown because of technology and innovation. The tech industry increased productivity, because robots aren't late, don't ask for raises, and don't disrespect customers. So this investment in technology and innovation, brings more money to the company which invested in said technologies and automation. While the laborers, workers, who are less vital due to being replaced by robots, therefore less labourers in the job market Making an income!! Less labor=less money for said laborers. More technology= less labor, more productivity and less labor costs. We bitch About income inequality while pursuing the goals of technology, innovation, and automation in our economy. They go hand in hand. Maybe these tech companies, like Apple, Boeing, Raytheon, Facebook and Google, among many others should be in higher tax brackets, seeing as they reap 're most reward while utilizing the least labor!!

@herzwatithink9289

7 жыл бұрын

Mathew Sylvia "What will it profit us to teach them sound principles in economics if, hearing the commandments of the Lord, they do all things contrary?" It's time for Frankenstein to devour his master.

@mathewashley06

7 жыл бұрын

Frankenstein in the US are the corporation and military running roughshod over law, the courts and Constitution. The master up until know has been the government, believing they wrote the rules that corporations play by. That's on a policy level. The real issue in America is fractional reserve banking, the federal reserve, and their endless supply of fiat currency we kill each other and ourselves just to collect enough to survive!! Until our banking system is abolished and our CURRENCY is replaced with money- aka something with tangible value like silver, platinum, gold etc.. Our problems our systemic.

@mathewashley06

7 жыл бұрын

And debates over subjects like minimum wage, college finance, or healthcare are useless. The masters control the supply and the value of our currency. Which means as long as we remain a capitalist system based in voodoo economics and finances, the powers control the people as long as we require their currency to survive. We can raise the minimum wage to $100 an hour, and they'll just flood our banks and markets with trillions of worthless dollars, which will skyrocket the price of goods to the equivalent level and therefore negate the effects of any increase in regards to standard of living. We're strung up by our balls and just continue to smile while asking for more!!!

One of the most rational explanations of what is happening to our economy today. Well done! Must watch!!!

@robway888

9 жыл бұрын

Worth watching twice. Thanks

@Tenebrousable

6 жыл бұрын

Everything bad he describes, is done by the government. And even he admits that. Yet you people blame the "free" market. It's mind boggling.

@MaximC

4 жыл бұрын

@@Tenebrousable Nope. If "free" market is so ethical, why then the rich capitalists happen to use government in order to write laws that benefit them? This is the problem, competition based economic system means someone win and the rest lose. Eventually it leads to power concentrating in hands of fewer and fewer individuals (what a coincidence, 62 individuals have same amount of wealth as *3,5 billions* of humans. Economic inequality allows rich have thousands/millions times more influence on government, on economy, than an average worker has. Democracy can't exist without economic democracy/equality. There's no rational reason why means of production and natural resources shouldn't be owned by everyone in equal measure.

@Tenebrousable

4 жыл бұрын

@@MaximC The law isn't written because of the capitalist. It isn't written 'for' him. He very does't 'need' it. It's written because of the 'jobs', to promote 'public good'. In a foolish attempt to 'fix' the economy that the artificial boom generated by fiat currency, artificial money, generated by law, crashed. Dimwits somehow think that things getting more expensive makes them more rich. Thats inflation caused by government deficit spending and money printing. The rich do benefit, they have assests that appreciate. They have debts that deappreciate. The poor and the middle class have wages, wich purchasing power is only destroyed in inflation. The poorer he is, the faster inflation eats his livelyhood. Only ethical way to live, is to own what you make and build and buy. Labour, material, product, tools. Government fights this every step of your life. And it has law and guns to do it. Capitalist only has money, goods and services, to offer.

@MaximC

4 жыл бұрын

@@Tenebrousable Listen, without the government (and I'm against it, I'm for anarchism) you now wouldn't have any worker's rights whatsoever. Look how capitalists treated the workers some hundred years ago, before worker's rights were established. I don't care if capitalists use excuses like "oh, I write laws in order to create jobs", 1) it's bs, the objective of a capitalist business is to make profits, not to create jobs, 2) I can't write laws, so no one else should be able to do that, politicians are chosen to do that (write laws), *not* billionaires. Billionaires should've not existed in the first place, there must be democracy at workplace, and the workers would've never vote for giving to few of them billions and millions and to the rest of them - just enough money to pay the rent and buy food.

Bill Moyers is an exceptional interviewer. One of the best if not THE best ever. He poses a question and lets his guest answer it. I've watched Richard Wolff many times and not only is his grasp of the capitalistic situation extraordinary but as a human being he is a perfect example of how we should be. He listens to criticism and doesn't just respond in anger. I do disagree with him on one point. I do believe that greed is the issue.

@sassy0010

5 жыл бұрын

James Travers, you are spot on! Total agreement on Bill Moyers as an interviewer and Prof. Wolff on his grasp of what's going on, especially now that we're stuck with Trump. This interview occurred back in '13 and this is still amazingly accurate today. And yes, I also agree that greed is the problem. Excellent.

@paulbillingham6769

4 жыл бұрын

Yes thank you James.

@palpaloma4426

4 жыл бұрын

Greed can be civilised, I mean that all impossible human dispositions can be controled by education: this is the civilisational aim of our humanity. We can not let bankers and entrepreneurs to destroy civilisation in cultivating greed

This video has given me a better understanding of the political situation the US is in today. Thank you.

Never thought I would be a marxist... until Richard Wolff

thank you richard. i was talking to ancaps all day and was beginning to hate humanity

@trevorsanso32

7 жыл бұрын

Just tell them that we basically already live in an unregulated "free market" given that said regulations are up for auction to the highest bidder(s)! :D

@Tenebrousable

6 жыл бұрын

Everything bad he describes, is done by the government. And even he admits that. Yet you people blame the "free" market. It's mind boggling.

@LibertarianRants

5 жыл бұрын

Exactly this.

@toxendon

5 жыл бұрын

@@Tenebrousable Really? What was the cause of the crash in 08?

@Tenebrousable

5 жыл бұрын

@@toxendon Everything bad he describes, is done by the government. And even he admits that. Yet you people blame the "free" market. It's mind boggling.

How sad it is that Professor Wolff had to wait until retiring from the faculty at the University of Massachusetts before being able teach a version of economics that attempts to describe the real world rather than the world according to the neoclassical "two-factor" model. I have spent some time reading what he has written and listening to his lectures and interviews. He is certainly correct that the causes of income and wealth concentration are systemic. Where there is great room for discussion and debate is over the exact nature of the systemic problems. His guide is Karl Marx. My primary guide is Henry George. Henry George did a remarkable job of analyzing and correcting the analytical contradictions in the works of his predecessors (e.g., Smith, Ricardo, Turgot and even John Stuart Mill) in order to develop a closed system of how wealth is produced and distributed back to the factors of production, as well as what systemic laws and policies are required to lead to a full employment society with a just distribution of wealth. Edward J. Dodson, Director School of Cooperative Individualism www.cooperative-individualism.org.

@nthperson

Жыл бұрын

@@Jj-gi2uv Michael and I both worked in the financial sector but in different capacities. Our different experiences causes him to be more cynical about the role of the finance sector than I am. He views all (or nearly all) revenue taken in by banks from loans as rent, as essentially unearned. The source of his conclusion rests I think on the fact that banks are permitted under law to extend loans to people or entities without actually being required to have the cash on hand. My view is that this is legalized fraud and needs to be legislated or regulated away so that banks serve as financial intermediaries. They would then need to raise case with which to make loans. Profit would depend on the spread between their cost of funds, plus other costs necessary to operate the business. Any income would be, by definition, earned.

*How does brilliance like this only have 118k views in seven years? THIS is what the algorithm should be recommending. KZread won't ever do it, but millions of people seeing this would actually change the world.*

I miss Bill Moyers so much, one of the last great journalists who only cared about offering unbiased information and letting you decide. Who else gave Richard Wolff an open, honest forum discussing Capitalism and how it truly does not work for anyone else but the wealthy.

@coopsnz1

3 жыл бұрын

It works for middle class and upper class aawell , he lying

@walkerwayz5039

3 жыл бұрын

@@coopsnz1 Who's lying, Trump? Yeah and he's pos human being also.

Wolff nails it.

@Tenebrousable

6 жыл бұрын

Everything bad he describes, is done by the government. And even he admits that. Yet you people blame the "free" market. It's mind boggling.

@spacemonk420

3 жыл бұрын

He nailed the point home that he knows nothing about the real world. His opinions lead to the misery of the entire population and nothing more. I won't contribute to a system that enslaves people but you sure seem like the type of clown that does not care about others...

American economic history: Capitalism 1670-1775, Central Bank capitalism 1776-1912, Reserve Bank capitalism 1913-62, Plutocratic corporatism 1963-2007, Kleptocratic neo-feudalism 2008-

@SoulRippster

8 жыл бұрын

Spartaculus Jones Democratic Socialism 2016 - We can always hope.

@jmitterii2

8 жыл бұрын

Spartaculus Jones To be more specific on the prior years the 1670-1775, I'd say 1400 to 1800 was mercantilism with the birth of some very rich family dynasties like the Medici, Strozzi, Borgia, Pazzi, etc. who married into royalty. And 600 to 1400 was Feudalism. Prior to 300 CE in Europe is patronage feudalism mixed with some mercantilism complicated mess. Complete feudalism took over fully in the dark ages around the 600 CE as Rome collapsed. But all your other time periods and terms as I know them, are about right.

@misterfunnybones

8 жыл бұрын

Spartaculus Jones or inverted totalitarianism

@DaiQibao

8 жыл бұрын

Spartaculus Jones "American economic history" *The USA is substantially a socialist economy. It's economic shortcomings are directly related to that socialism being dysfunctional. In 2014 the socialist US government took $51 trillion from an economy that produced $7 trillion.*

@chrisepperson5597

8 жыл бұрын

Would Pantheistic Oligarchy work?

The sheer common sense of RW shines like a beacon on the Dark Dark world of the Koch Brothers and their Financial Racism

Capitalists seem to be convinced that their system is perfect, there are 0 valid criticisms, and we will have capitalism forever. The problem is history shows us every economic system is eventually upended, and there's no reason to think capitalism won't be as well.

@lepidoptera9337

2 жыл бұрын

You sound kind of rejected, Genosse. :-)

@GlassesAndCoffeeMugs

2 жыл бұрын

@@lepidoptera9337 I simply look at history and make the observation that no economic system is permanent. Capitalism is not immune to history.

i just discovered prof wolf this year... i love his clarity and easily understandable insights.

@Jglabel262

2 жыл бұрын

You should watch Milton Friedman who’s ideas shit on wolfs bs.

Thank you Professor Wolff. I enjoy listening to you.

I'm 63 now 2018. I really feel I'm living the 30s depression in my second half of my life lately

An excellent interview, 'Democracy at Work' is a must read.

My man Bernie hard at work even back then... :)

Thanks for the great interview; one of dr. wolff's very best talks. I will def be watching more of Moyers' work as well.

Thank you for posting this. appreciate it greatly.

Bill Moyers is simply the best. Prof Wolff presents a perspective that has been suppressed for a long time.

This was 5-6 years ago, .. today the real economy is even much more difficult.... EVERY AMERICAN SHOULD AND MUST LISTEN TO THIS Oh Boy! ... We Must elect BERNIE SANDERS........... This is really serious........

The professor is right. That is what happened to Cuba. It was 100% Capitalist with no social program to help the lower masses so that is how the Cuban Revolution broke in 1959 on July 26.. I pray that will never happen in the USA but if the elite get greedy o they open the door to revolt. The same happened to the French in 1789.

@coopsnz1

7 жыл бұрын

Socialism fucked the country , you parasite

@remasteredzero4076

6 жыл бұрын

Ben Chesterman the us embargo fucked Cuba, not Socialism

@AvNotasian

5 жыл бұрын

+Remastered Zero The embargo was a result of socialist policies of stealing american business investments, play stupid games win stupid prizes.

@joevignolor4u949

5 жыл бұрын

It's also what happened in Germany during the 1920's. And we all know how that turned out.

@coopsnz1

4 жыл бұрын

Big government kills middle class, it happen in Australia 30 yrs

Great conversation. Bill Moyers, possibly like most upon hearing it put this way, seems quite surprised at 14:22.

GREAT SHOW THANKS

Very interesting points about the separation of economics and business schools

Good discussion, good host.

It is now September, 2022, and Richard's words ring so true. His optimism appears to be a bit misplaced in my opinion, but otherwise an excellent 45 mins. Thanks!

@ralphfinklea7855

9 ай бұрын

Right, things have only gotten worse and Americans are still not doing anything, being lead down the road to disaster by politicians and corporations.

Thank you Mr. Moyers!

Love Richard Wolff!

Its so true about that we are working to death. My husband and I have 3 businesses and my husband is literally worn out.

@coopsnz1

7 жыл бұрын

Bernie sanders doesn't care about small business

@larrysbrain1627

6 жыл бұрын

Denise Thuman- Simple, hire people to help you... Then, pay them adequately, so they don't have to work three jobs to feed their families. Capitalism's tendency to overwork is another problem.

@Tenebrousable

6 жыл бұрын

It happens when to government spends half our product.

@coopsnz1

5 жыл бұрын

@@larrysbrain1627 high consumption tax is the problem for high cost of living in Australia

@coopsnz1

4 жыл бұрын

@@user-vq3eu5xe5c no politican does

Half of all the 155 million U.S. workforce live in poverty. Another 102 million able-bodied, work-age Americans are "no longer in the work force." That's an unemployment rate of 40% with the employment rate now down to 59%.

@evadd2

8 жыл бұрын

+Spartaculus Jones Debunked. those numbers are thoroughly debunked.

@TheRev1269

8 жыл бұрын

+Spartaculus Jones Lmfao. Poverty. Nobody In America knows what true poverty is unless they sleep in a fucking alleyway.

@evadd2

8 жыл бұрын

***** So you're taking the non factual position.

@evadd2

8 жыл бұрын

***** Per capita? Base numbers? As a whole? The US is just a big piece of dirt...am Iw wrong? No but it means nothing without context. Average wages and standard of living might be a good place to start. And what the hell is "OECD report asshole." Anything like a faceless penis.

@TheRev1269

8 жыл бұрын

***** Oh my god no its not. Poverty in the US means having an iphone 5 instead of 6.

Excellent interview.

Another great excerpt: 13:03 to 13:34

I'am learning so much from Professor Richard Wolff, one is most including myself, hear "cliches" and believe them...because they sound right or good, but fail to learn and search out what is really happening and is true.

Your best yet, Mr. Wolff!

Mr Richard Wolff is right on.

Such a bright mind and truthfulness..

this is exactly why we need to vote for bernie sanders in the primary. this is INSANELY important. we can't just keep voting for the lesser of two evils, because they're the same thing, both bought by the billionaires. he want's college to be free, free health care, raise minimum wage, tax the rich, etc. etc. and he isn't bought. check him out now and join the revolution going on.

it's 5 yrs later than this show. USA still going drain faster since

@thomasholaday674

3 жыл бұрын

yup

@paradigm2002

3 жыл бұрын

Seems to get worse every year

Ceri. This is fascinating ❤

Dr. Wolff you are a true revolutionary because you speak truth to power. You are also and example to those of us who hate the system of economic, and, by extension, political tyranny that shrivels our souls.

Thanks Mr Wolff for warning us about capitalism, I didn't know.

I appreciate his research and analysis. So often when I listen to experts discuss the contemporary state of COLONIZED America, I am completely bewildered by the way they discuss America as if its social economic and political beginning, since 1619, was not utterly corrupt.

Interview is 9 years old and yet even more relevant today....when will people learn to vote to benefit the country as a whole vs the rich? This JUST MAKES SENSE. America......please open your eyes!

America always seemed to be a land that other nations aspired to be but now I see that our idols had feet of clay

@bojanstare8667

2 жыл бұрын

Don`t be so sure. I don`t like "American way of life". As I know, most of Americans (who has enough money) has psychiatrist.

It's sad when you wake up but, it's necessary and we need change. Education, Healthcare are pillars of society. Capatilism isn't the savior, or the free beacon it claims to be.

These are some powerful arguments

real good report and the truth.

Actually, I think that Wolffe understands capitalism better than most capitalists do.

It's deeper than that. The reason that Wolffe says that the problem is systemic is because it is the system itself that incentivizes such behavior. Whether you have gov. or not, you will still have such behavior regardless. Government is playing the game just as much as corporations are playing the game. The rules are quite simple: Maximize profit, minimize loss. Economic systems influence the ethos of the culture, which is why corrupt business practices are inevitable with or without gov.

Please watch this again. And then again if need be. Then watch Capitalism hits the fan. And watch his other material as well. I'm sure you will eventually get it.

A particularly great section starts at 10:56, and goes for several minutes.

The college industrial complex takes peoples money and in turn these "graduates" get worthless degrees all while getting impossible student loan debt. The student loan should be paid back but the "for profit" banker gratuity should be ridded which would then put more money into the overall economy because a lesser student loan payment would allow a person to spend money elsewhere.

I really like the sound of the interviewer's voice. It sounds so deep, but wise at the same time. Like a wise wizard of some kind.

@helengarrett6378

4 жыл бұрын

So, you like his soothing voice but what about the intellect behind the voice. Here is a lesson: always look for the shallower part of any discussion, never the hard part. That way nothing will change and nobody will challenge the status quo.

Not at all surprised that Jordan Peterson does not want to debate this guy.

Insightful.

I would argue that the effects of a minimum wage on employment levels is especially negligible in our current situation, where wages are low and the workers' marginal propensity to consume the pay increase is so high. Also in our current demand-side liquidity trap the extra consumption is especially critical in terms of stimulus effect. Plus you improve the worker's life and health (human capital) and provide a long-term foundation for better income structure and consumption.

If 10% has all, who are they going to sell something to? Capitaiism should work for all, not a few! Very high minimum wage leads to more efficiency and products and services at a higher level: that is exactly what developed countries need!

prof wolff makes a beatifull presentation credible to those the reality of the real free entreprise system i i am an oconomist i am 9o years of age i spent all my life in theindustry idid business in all the world i knowwhy our sysem has some difficulties and what has tobe done i would like to confront him and othe economists

With respect to Dr. Wolfe, Bill Moyers, and Noam Chomsky it may be said with at least partial truth that "a prophet is not without honour save in his own country."

only $9.00 dollars? the minimum wage should be raised to at lest $15.00 to balance with the inflation.

@mondoinvasion

2 жыл бұрын

Way ahead of your time 👍

The private sector is on a juggernaut to automate, computerize, mechanize and robotize all jobs on this planet. If the federal governments refuse to employ the unemployed then the unemployed must form their own economy and create their own jobs.

Wolff for president! Let's start a new people's party with people like Wolff on the helm and really drain that swamp of ours!

Labor wages are determined by free markets and they are totally fair given existing wealth distribution. Wealth distribution is what needs to be changed (by very high inheritance and moderate wealth taxes instead of income tax). Simply mandating minimum wages above market without changing wealth distribution you just build wall between wealthy employers and poorer employers. Essentially making it harder to have your own employees if you're not wealthy enough

!! Great..!!

In “Occupying Chairlifts” a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! Here’s a fair way to transition forward to where we’re rewarded for cooperating and creating instead of competing and conquering. It's something specific we can demand. If this isnt the best answer, at least we’re thinking about what might be. Are we really just this close to having it work right? Oh yeah, it's a Ski movie! “Occupying Chairlifts” on KZread!

35:55 he hits it on the head. Warren Buffet said on CNN that Warren should be less violent. If things don't change diplomatically, these oligarchs will learn the definition of what violent means intimately.

@DaiQibao

8 жыл бұрын

jmitterii2 "these oligarchs..." *The oligarchs are the government. The function of government is to take. The people obey government.*

@jmitterii2

8 жыл бұрын

Dai Qibao Not a democratic government. A democratic government is of, for, and by the people. Not just Lincoln explained this, but that is the advantage of a constitutional democracy. To ensure the people rule over themselves. Not a set few by decry or by their wealth. A government is necessary for any civilization to function. Anarchy is idiotic. You like anarchy take trip to Libya right now. The vacuum of chaos segments the population into many different appointed governments aka as tribalism. Government is an inherent emergence to human nature in the face of scarcity and human interaction. Where a standard official government doesn't exist vacuums are filled with many often brutal governments from war lords to gangs to theocratic and ethnic tribes. No rights or laws exist without a government and with no rights or laws complexities that allow economies to function optimally for everyone can't exist.

@DaiQibao

8 жыл бұрын

jmitterii2 "Not a democratic government. A democratic government is of, for, and by the people" *Do you want government to borrow more every year? The oligarchs borrow every year. Therefore you assertion is objective untrue. Government is oligarchic It's function is to take.* "Not just Lincoln explained this: *160 years ago, that's the best they could do. That's a low hurdle for 2015.* "A government is necessary for any civilization to function." *How is it necessary that the US government take $51 trillion from a economy that produced $7 trillion in 2014?* *The substantiation of government is the insubstantiation of the people and the US government is absurdly more substantial than the people.* "Government is an inherent emergence to human nature in the face of scarcity and human interaction" *Dominant authority backed by violence is an inherent emergence to human nature? No thanks. Good luck with that.* "Where a standard official government doesn't exist vacuums are filled " *False. Where a vacuum is created a vacuum exists. Don't create a vacuum, create an aside.* "Where government doesn't exist...war lords to gangs to theocratic and ethnic tribes." *Government is organized unlimited state war lords, state gangs, and state theocrates in dominant authority backed by violence, therefore a lack of that is LESS of that.* "No rights or laws exist without a government and with no rights or laws complexities that allow economies" *1) Government enact laws it doesn't obey, but others must. Therefore government is lawlessness.* *2) Civil law is peoples law.*

@bojanstare8667

2 жыл бұрын

@@DaiQibao You don`t know what you want, until youget someworse.

As you know corporate structure is a regulation that allows business to dodge liability. Fractional banking system is a regulation that allows banks to multiple their deposit resets is a regulation which had a huge impact on the housing bubble. I could go on about sub prime mortgage, Fannie may and Freddie mac all of which are government run firms. As the old saying goes when government gets close to business business gets close to government. It wan't the 1% it was the state.

Smith and Smythe; how these two words are pronounced sir? Frances Smythe and Gaillard Ravenel: A Personal Museum.

Unregulated capitalism is a king-maker with an end game.

@coopsnz1

3 жыл бұрын

Regulations increased 30 yrs liar

How about giving CEO's 349 x the wages of their average worker instead of 350x?

1:47 Wolff doing the Kubrick stare lmao

There's few people I respect more than Richard Wolff. Read him , see Democracy in the Workplace.

GOOD JOB WAY TO GO TELL IT LIKE IT IS BUT HOW DO PEOPLE SOLVE THE PROBLEM

@jc6226

3 жыл бұрын

keep watching dr. wolff and others like him moyers did another interview with wolff where he speaks more directly about solutions with concrete examples (called moyer interviews wolff, march 22, 2013). also search wolff's work further and ted talks about videos about cooperatives/collectives

good max pertinent

The March 1st Texas Primary Shows Massive Suppression Of Voting By Mail. One of the most important rights of American citizens is the “franchise”. It our right to vote. That right has come under fire in Texas by the republican controlled Texas legislature that purposefully made voting more difficult, especially voting by mail. It is difficult to admit, but for the first time since I reached voting age, I did not vote in a primary. I had eye surgery scheduled for that day and it could not be changed. When I tried to order my vote by mail ballot, I became submerged in a confusing and contradictory maze of instructions that I knew were designed to suppress voting by mail. Since Texas has separate primary ballots for democrats and republicans, I chose to entrust the outcome of the democratic primary to my democratic brethren. I made this decision after reading the instructions. It became crystal clear that the new vote by mail guidelines were guaranteed to create massive compliance failures in urban counties and on March 1st, my fears were realized. In Texas, over 23,000 mail in ballots were rejected. In my home county of Harris, almost 7,000 ballots of that total were rejected for technicalities. This is almost 20% of all rejected mail in votes. During the primary election in 2018, the county only rejected 135 mail in ballots out of more than 48,000. This is less than 0.3%. The culprit is Senate Bill 1 which, in addition to other vote suppression schemes, was designed to suppress voting by mail in larger and more liberal counties. This is how a democratic republic is destroyed from within. We now have proof that voter suppression by The Texas Legislature is real, and it’s a harbinger of things to come as more republican controlled state primaries take their toll on the most basic citizen franchise.

Speaking as a victim of Milton Friedman's economics in the 1970's, Richard was extremely lucky to achieve enlightenment post doctorate because there is no way in hell he would have got thru 1st year with his ideas.

Thank God for Moyers

@johnnybizaro1

9 жыл бұрын

Well said.

Government workers wages have grown , why private sector wages haven't grown 30 yrs

I call this kind of discussion millennial enlightenment, which is most desperately we need for our future.

Richard Wolff needs to bring the work of Richard Wilkinson into his conversations.

Well its now been six years since this interview and things have only gotten worse.

Please watch his other videos. Your will have some answers there.

Increase of minimum wage on the jobs is great and all that, but the problem is, you have to have the job in the first place.😱

Being strong or No. 1 is not the answer to social survival as a society. Reducing internal class and social friction increases longevity.

High consumption tax pushes up cost to live , Australia has high consumption tax up to 23% on goods ,up to 51% tax on new cars

@bojanstare8667

2 жыл бұрын

Danmark has more ratioof tax, but it is 5th concurent state on the whole word. It isn`t problem in tax system, but in way of production and managment. Professor has right.

It's not "we" that bailed them out: THEY helped themselves shamelessly while "our" elected leaders conveniently looked the other way or - even worse - made specific political decisions in order for the bailout of the wealthiest to happen, no matter what. So the question arises: are "our"leaders not in fact THEIR very servants? Of course they are! Maybe money should again become what it normally is: a simple means of exchanging value for goods and services. Let's redistribute it among the people!

Nâng lương căn bản lên để người dân có tiền để người dân có tiền mua. Song song đó nó có thể giúp nền kinh tế cải thiện hơn.

I don't see EITHER PARTY talking about raising Social Security UP TO minimum wage!

@taffy2126

2 жыл бұрын

Sorry who will work then for same money they can stay home???

Completely true, but... a movement called "Solidarity", in present-day America? Most Americans don't know the word or the meaning of "solidarity".

IEVER HEARD THE TRUTH SAID SO WELL

Poverty is Wealth, Truth is Lies, Change is Permanence.

I have things very more than i can do That's watching it over

people should be more careful with unaffordable loans. sometimes starting from scratch is the right answer.

28:10

America needs a Lech Walesa to champion the working people in this country. A nationwide strike would be formative and historic.

Capitalism is, win-win, but we don't all win equally. Socialism is state wins, everybody else lose's, but everyone else lose's equally.