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Lee Camp talks with Richard Wolff about the myths of the American Dream

Lee Camp talks with Richard Wolff about the myths of the American Dream

CAMP: I don’t think that I ever believed there was a promise of the American dream, but I bristle and I’m upset at the idea of being manipulated, at the idea of how much propaganda we’re fed out of our mainstream airwaves, and from our politicians. And to me, that is kind of a false promise. It is a false truth. And, you know, ever since I discovered (and it maybe took me a little longer than some, but you…

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Capitalism’s failures exposed by the Coronavirus – Richard Wolff

Capitalism’s failures exposed by the Coronavirus – Richard Wolff

So let me begin by indicating what some of the problems are that a capitalist medical system, of the sort we have in the United States, presents to dealing with something as big of an epidemic as the coronavirus already is. 30 million Americans have no insurance, no medical insurance. They have a long history of not going to the doctor when they have something they think is a passing flu, viral or bacterial, because they can’t afford to pay…

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John McDonnell on the Economics of Coronavirus

John McDonnell on the Economics of Coronavirus

The impact of the corona virus pandemic, could be on a scale that impacts upon our economy, in a way that actually I don’t think we’ve ever seen before. This is bigger than the banking crash in 2007-2008, and actually it could be bigger than the 1929-30 crash that we saw, which brought the global economy to its knees. And the reason for that is because corona virus, is spreading right the way across the world. And that means people…

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How depression affects workers and work – Richard Wolff & Tess Fraad-Wolff

How depression affects workers and work – Richard Wolff & Tess Fraad-Wolff

FRAAD-WOLFF: It’s extraordinarily and particularly depressing, I think, for human beings to feel asked to partake in things that have nothing to do with them on a repeated and lengthy basis. I think there’s something terribly wrong when we feel that we have to participate in something that has no regard for us, no regard for our humanity. There’s a splintering of a sense of self, and self esteem, and coherence internally that starts there, and I think it’s very…

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Leaked report by JP Morgan & Chase says fossil fuels are not a profitable investment – Richard Wolff

Leaked report by JP Morgan & Chase says fossil fuels are not a profitable investment – Richard Wolff

My next update has to do with a private report that was leaked. It was a report commissioned and paid for by the JP Morgan Chase Bank and one of the largest banks in the world. The paper explains whether or not, it answers the question, whether or not climate change is something that threatens the world and therefore if JP Morgan Chase needs to, and I quote, “rethink its investments in the fossil fuel industry.” And the conclusion of…

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Laffer: Giving Americans $1,000 checks doesn’t make any sense

Laffer: Giving Americans $1,000 checks doesn’t make any sense

IRRELEVANT. WE WILL DEAL WITH IT ALL. WE WILL DEAL WITH IT ALL. WE WILL START WITH YOUR MONEY. WE WILL START WITH YOUR MONEY. ART LAFFER, FORMER REAGAN ART LAFFER, FORMER REAGAN ECONOMIST, WITH US NOW. ECONOMIST, WITH US NOW. I CALL THIS A SUPPORT AND RESCUE I CALL THIS A SUPPORT AND RESCUE PLAN. PLAN. I DON’T THINK IT’S A STIMULUS I DON’T THINK IT’S A STIMULUS PLAN BECAUSE YOU CAN’T STIMULATE PLAN BECAUSE YOU CAN’T STIMULATE THIS…

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BREXIT THE MOVIE – FIGHT FOR FREEDOM (26 of 26)

BREXIT THE MOVIE – FIGHT FOR FREEDOM (26 of 26)

In the referendum we will be asked to choose. Do we want to be governed by an organisation which we don’t understand, run by people we don’t know and haven’t elected, who have the power to impose on us laws that we haven’t debated, and have little or no chance of blocking or repealing. We need to regain the right for British people to make British laws. If people believe that the best way to strengthen the United Kingdom is…

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Economic Update: Using Unemployment Against Workers

Economic Update: Using Unemployment Against Workers

Welcome friends to another edition of economic update a weekly program devoted to the economic dimensions of our lives jobs debts incomes those of our children and those facing us I’m your host Richard Wolff I want to begin today’s updates by talking about something as old as the human race I’m talking about the problem of maternal death rates women who died in childbirth something that has been a concern for the human community for the life of our…

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Richard Wolff: Three Flaws of Capitalism According to Marxists

Richard Wolff: Three Flaws of Capitalism According to Marxists

Marxism is the notion that we need system change, that capitalism is a system that has fundamental flaws, that those flaws show up in the difficult conditions imposed on the majority of people (the employees as opposed to the employer class) and that Marxism names those flaws, much as the abolitionist in slavery named the fundamental flaw of the system as being what happens if you make a human being into a piece of property like a donkey, or a…

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