"[We] can handle a decline. We're a rich country. But you have to be ready to admit it in order to solve it. We are a declining economic power and that either gets faced and managed in a humane way or it drives us crazy into political and moral dead ends."
This is the trailer for "Economic Update: What Capitalism's Decline Means," in which Prof Wolff explores the passage of US capitalism from its birth, through its state-supported growth and expansion, to its global peaking from 1945 to 2000. He presents the causes of its ongoing decline this 21st century, and then offers a conclusion on the right, center and left political responses to decline.
Watch the full episode: [ Ссылка ]
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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," that came out mid-September, on our books page:
www.democracyatwork.info/books
"Indeed, his book is so thorough, so comprehensive in its insightful analysis, that it is a practically a one-stop center for anyone who wants to understand why the year 2020 has been such a dumpster fire." - SALON
Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism"
[ Ссылка ]
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