Economic Update: Dark Times Hard Truths

Economic Update: Dark Times Hard Truths
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[S10 E23] Dark Times, Hard Truths

**Economic Update is a @Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Donate one time or become a monthly donor by visiting us at democracyatwork.info/donate or become a patron Economic Update on Patreon: https://www.patreon.com/economicupdate. Your contributions help keep this content free and accessible to all. Now more than ever, sharing Prof. Wolff’s message is critical.

On this week’s show, Prof. Wolff presents updates on mismanaging CIOVID-19 and US system’s crash; reactions to economic decline; sharing gains of firms profiting from the virus; the mistake of “dominating;” mass joblessness = class war. Interview with comedian and host Jimmy Dore on today’s crises and roles of GOP and Dems.

Read the full transcript here: https://www.democracyatwork.info/eu_dark_times_hard_truths
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Learn more about Prof Wolff’s new book, “The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself” released in September 2020. Available as a paperback now!
www.democracyatwork.info/books

“Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” – Chris Hedges

Check out Prof. Wolff’s other books “Understanding Socialism” and “Understanding Marxism”
http://www.lulu.com/spotlight/democracyatwork
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32 Comments

  1. With all these theatres and dirty games behind the scene, don't you think we have to think about a benevolent global authority. Every good things even those seem impossible begin with sincere ideas of those with pure motives

  2. WHATS WRONG WITH,????? ALL OF THIS WAS KNOWN A YEAR AGO ……. NOW JUST LOOK HOW FAR ITS GONE ! AND WE HAVE ANOTHER 3 YEARS OF ,,,,,,GOD ONLY KNOWS WHATS GOING TO HAPPEN BECAUSE OF THESE GREEDY ,,,,POWER MONGERS. ILL TELL WHAT,,,,,THEIR GOING TO THROUGH AMERICA TO THE DOGS ,,,,,AND THEN RUN TO ANOTHER PART OF THE WORLD WHERE THEY CAN DO THE SAME THING OVER AGAIN .,,,,,,THERE NEEDS TO BE A BOUNTY ON THESE CROOKS,,,!!!!

  3. trump is a solipsistic psychopath. to him, other people are just npc's in his video game. protesting imaginary wrongs to trump is expected, but protesting anything he does not want to change means he gets points for murdering you, as he did to michael reinhoel, a literal murder for hire by the marshals trump bragged about sending on national tv.

  4. we don't test, and also suppose someone has it who lives alone. ok, have a nurse see that person if they can stay at home. the nurse can bring their groceries, and if they need to be hospitalized, the nurse will know. of course keep their bills paid. contact trace, etc. but we have a finance oriented plutocracy in which anything useful doesn't pay.

  5. Wow. How the fuck have I never heard of Jimmy Dore before… I mean he honestly sounds exactly like my inner monologue. Which I'm a big fan of, but also infuriated by at the same time. Hella cognitive dissonance…

  6. The system no longer functions on the Law; instead, the system functions on coercion.

    So, what now? The People's Party — ???.
    It requires – not just coherence, of everyone working as one – but, the willingness to lose a couple elections in order to win later. The Peoples' focus must no longer be about the election cycle , singularly; rather, multiple election cycles, continuing to siphon away voters from the Red and Blue teams. That's pretty much all they amount to anyway. There are no real policy differences. Let NO ONE tell you any different!!! You will get push back on this — that's because it's true and effective! The Establishment does not want a true populist movement/revolution.

  7. Dore's stupidity shines bright. Thanks for setting him up. It's easy to agree with his surface level observation that "something is wrong." Where it gets embarrassing is when he tries to identify what and analyze literally anything. He's like a bad joke, and his anti-left dumdum * brings nothing but counter progress to the table. Wolff appreciates anti-reformist revolutionary sentiment, and Dore somehow managed to pass off as that type. Very bad call from democracy at work. Listening to Dore makes workplace democracy harder to achieve.

  8. This isn't an erudite discussion at all. I mean, a hack blowhard allowed to bloviate his diatribe without any rejoinder or rebuttal? This is like Fox News, then. Surprising for a Prof Wolff video.

  9. It’s easy to see what interests the corporate politicians represent during a global pandemic and their inability to handle this national disaster is plain for every American to see

  10. I would argue we got Trump because there was a blk man in the White House and Trump was the birther king. Let’s not forget that.

  11. He really lays the smack on the people who haven't done what they promised. Progressives and bernie are a falure and joe biden is a demented walking death rattle.

  12. YouTube just now recommended this to me, even though I normally watch every economic update, at least it wasn’t another Jordan Peterson video 🤢

  13. Man thank you for the update and for Jimmy Dore richard Wolff you're my hero I love learned so much from you 😻💞 I am very grateful for the gift of knowledge from you..

  14. In capitalism people don't have to know what they are doing although they live their life.feel lifted up and so excited.

  15. i’ll admit i have a huge soft spot for bernie since he was the one who initially introduced me to the left but jimmy dore is 100% spot on. it hurts so much to see him endorse someone like joe biden. same with the squad. i just wish anyone in government actually cared about us, but i don’t think this system will ever work in favor of the american people.

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