General Discussion

Yorktown

(2,884 posts)

20. With all undue respect, Richard Wolff is an ass

Wed Dec 23, 2015, 01:03 PM

Dec 2015

1- Capitalism is the default position. It can -and should- be regulated, but there is no known substitute for private ownership to make things work

2- The current downturn is classic Kondratieff. Richard Wolff probably knows it, but he's too busy selling his economic pet pipe dreams.

3- If the current downturn was to be blamed on something other than Kondratieff, it would be on excess social programs (Freddy Mac and Fanny Mae terms), hardly something Richard Wolff would acknowledge.

Anyway, all this overlooks the fact the planet's economy is still growing, the zones having enjoyed excessive weight (US, Europe) being slowly brought back to size.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

88 replies

= new reply since forum marked as read

Highlight:

Prof. Richard Wolff: Capitalism - Not China - Is to Blame for the Current Global Economic Decline [View all] marmar Dec 2015 OP

Richard D. Wolff-everyone's favorite self avowed Marxist redstateblues Dec 2015 #1

And? marmar Dec 2015 #2

Marxism was a failure in the 20th century redstateblues Dec 2015 #3

Perhaps you should read his critiques. marmar Dec 2015 #4

The Soviet Union bastardized Marx's ideas. Marx didn't call for state control of anything. He saw Ed Suspicious Dec 2015 #10

There was a political movement in the late 1890s and early 1900s like that. Igel Dec 2015 #52

"Marxism" wasn't really tried in the 20th Century TransitJohn Dec 2015 #11

The U.S.S.R. was socialist in name only. TIME TO PANIC Dec 2015 #24

And how exactly is that relevant to the problems of capitalism? Bubzer Dec 2015 #35

Marxism EdwardBernays Dec 2015 #41

Marx was right about the capitalism end-game, even if his solution wasn't. n/t lumberjack_jeff Dec 2015 #77

DURec leftstreet Dec 2015 #5

HUGE K & R !!! - THANK YOU !!! WillyT Dec 2015 #6

No, Wolff, we've no interest in communism LittleBlue Dec 2015 #7

Neither does Richard Wolff. marmar Dec 2015 #8

He's just another Marxist hack who had to modify his position after the fall of the soviets LittleBlue Dec 2015 #12

Worker co-ops are "totalitarian" ? marmar Dec 2015 #15

It's not going to work LittleBlue Dec 2015 #17

Nothing has killed more people than the capitalist exploitation of this planet.... marmar Dec 2015 #19

Wrong! LittleBlue Dec 2015 #21

Like Greece, Spain, Portugal and the other capitalist basket cases? marmar Dec 2015 #23

They're far, far wealthier than any communist nation LittleBlue Dec 2015 #25

Who's advocating communism? It's not the only alternative to capitalism. marmar Dec 2015 #28

That's where Marxism leads LittleBlue Dec 2015 #29

"because it's the only one that can exist without totalitarian force" marmar Dec 2015 #32

Nope. Every country in the world has already adopted capitalism because it proved the best LittleBlue Dec 2015 #33

Huge steaming pile. Ed Suspicious Dec 2015 #49

Yet nothing to prove Blue wrong, huh? 7962 Dec 2015 #57

Your posts in this thread are a grossly inefficient failure... AOR Dec 2015 #59

What does that refute? Primitive societies were primitive LittleBlue Dec 2015 #63

It refutes without a shred of doubt... AOR Dec 2015 #64

Then why have we been capitalist since the fall of hunter gatherer societies? LittleBlue Dec 2015 #69

Ha!Yet none of them LIVE in one of those paradises either do they? 7962 Dec 2015 #72

They should try a few days in North Korea LittleBlue Dec 2015 #74

You are truely lost and it makes me more than a "little blue" to have to explain... AOR Dec 2015 #75

Maybe you should research how changing to capitalism saved the colonists. 7962 Dec 2015 #73

Indeed.. AOR Dec 2015 #76

Ha. What a weak response. But pretty much what i expected. 7962 Dec 2015 #85

Horseshit. Stalin himself is responsible for then of millions killed. 7962 Dec 2015 #56

The tattered ghost of Joe McCarthy would be proud... AOR Dec 2015 #60

The usual; insults but nothing to back it up. Sorry the truth hurts your feelings. 7962 Dec 2015 #70

Well you see... AOR Dec 2015 #78

Finally we agree; you deserve what you get. 7962 Dec 2015 #86

Necessarily so, in practice. Igel Dec 2015 #53

You're using Forbes.com as a credible source? TIME TO PANIC Dec 2015 #27

Keep drinking the red sauce. Capitalism won LittleBlue Dec 2015 #30

Fine, stay in the 20th century and let the rest of the world leave you behind. TIME TO PANIC Dec 2015 #40

I will. And we'll continue to grow LittleBlue Dec 2015 #43

Good luck! TIME TO PANIC Dec 2015 #45

It would be hard to find more reactionary talking points... AOR Dec 2015 #62

I can understand why you feel that way... Wounded Bear Dec 2015 #9

Capitalism has enriched the masses more than any other idea in history LittleBlue Dec 2015 #14

+1 TIME TO PANIC Dec 2015 #46

Capitalism is designed to impoverish the masses, it is working as designed Vincardog Dec 2015 #13

It isn't, actually LittleBlue Dec 2015 #16

This message was self-deleted by its author Vincardog Dec 2015 #22

99.99999% of China was in poverty under communism LittleBlue Dec 2015 #26

This message was self-deleted by its author Vincardog Dec 2015 #34

Because China switched to capitalism LittleBlue Dec 2015 #36

This message was self-deleted by its author Vincardog Dec 2015 #38

Uh no we did it right LittleBlue Dec 2015 #42

Nice job on this thread Yorktown Dec 2015 #88

Capitalism is like a religion to some. TIME TO PANIC Dec 2015 #31

This. Ed Suspicious Dec 2015 #50

Let me know next time you want to take a trip to Newark New Jersey... AOR Dec 2015 #68

That's because you're talking about poverty in relative terms LittleBlue Dec 2015 #71

People are starving to death every day all over the world... AOR Dec 2015 #80

People routinely starved under feudalism. We ended starvation for the vast majority of the world LittleBlue Dec 2015 #87

Thanks for the post. TIME TO PANIC Dec 2015 #18

He has been giving the same lecture for years. Throd Dec 2015 #37

I hope he continues. TIME TO PANIC Dec 2015 #44

I bet most of DU doesn't even know who he is. Throd Dec 2015 #47

With all undue respect, Richard Wolff is an ass Yorktown Dec 2015 #20

Well said LittleBlue Dec 2015 #39

Good work little blue redstateblues Dec 2015 #48

Yes "fine work" indeed... AOR Dec 2015 #65

This message was self-deleted by its author MFrohike Dec 2015 #83

Ah, you're one of those people who feels the west needs to be brought back to reality through Ed Suspicious Dec 2015 #51

I am not judging, merely recording an inevitable fact Yorktown Dec 2015 #66

Capitalism is far from the default position. Igel Dec 2015 #54

Are you suggesting feudalism is an attractive substitute for free markets? Yorktown Dec 2015 #67

This message was self-deleted by its author MFrohike Dec 2015 #82

If Professor Wolff believes that more democracy... meaculpa2011 Dec 2015 #55

He's an academic doing what academics do. Working in academia. Ed Suspicious Dec 2015 #58

Capitalism is a religion to many selfish Americans U4ikLefty Dec 2015 #61

The fact that people on this thread are flogging GDP Ron Green Dec 2015 #79

Private Equity & Holding Cos KT2000 Dec 2015 #81

This message was self-deleted by its author MFrohike Dec 2015 #84