Video & Multimedia
Related: About this forumU.S. Workers Returning to Labor Force in Part-time Jobs with Stagnant Wages
Published on Mar 8, 2015
Economist Richard Wolff discusses the latest unemployment figures, and says the raising of interest rates by the Federal Reserve during a weak recovery would be disastrous for our heavily indebted society
turbinetree
(24,683 posts)And any trade deals to further under cut the middle class, working poor, and the migrant workers, we are so screwed, because they just don't like us
uhnope
(6,419 posts)Or is Wolff not a Trotskyite per se, just as an old-school Marxist, pre-USSR-style?
I saw one of his videos. He seemed to be simply proposing a Marxist plan for reorganizing the American workforce.
Or are his views more moderate? Do employee-owned and run businesses, like the insurance giant USAA that doesn't have shareholders, get the OK from Wolff?
Listen, anyone who would put this on his website has something really wrong with him:
http://rdwolff.com/content/eu-1-big-scam-ukraine-its-next-victim
The date on this video is March 25, 2014--this was after the Russian puppet government collapsed and fled to Russia with a substantial amount of the national treasury. This was when Euromaidan was still new, the victory was fresh.
Wolff pretty much equates Soviet dictatorship with what Ukraine has experienced since the collapse of the USSR. It's bullshit. Economically Ukraine remained bad, but other freedoms were greatly expanded. The freedom to travel, for example, which was nonexistent for most under Soviet Communism.
At 9:30, Wolff goes into total utopian views of some kind of violent revolution he thinks is going to happen when the greedy and corrupt will no longer rule. WTF?
I also despise the rise of corporate and 1% power, the stagnant wages and other concerns in this video but when I look into Wolff's proposals etc he kind ends up sounding like a kook. A harmless one, I suppose.
marmar
(77,047 posts)Do you even believe the bullshit you post?
uhnope
(6,419 posts)Response to marmar (Reply #3)
Corruption Inc This message was self-deleted by its author.
marmar
(77,047 posts).... are familiar with this particular sideshow. It's kind of funny in a sad, pathetic way.