EXPLOITATION IS A UNIVERSAL FEATURE OF CAPITALISM
Richard Wolff: How You Are Being Exploited
https://www.youtube.com/watch?v=2mI_RMQEulw&ab_channel=TheGravelInstitute
At the very heart of capitalism is a system of exploitation. That is not a pejorative label: it’s an objective definition of what work actually means. In order for capitalists to make a profit, their workers have to earn less than the value they produce, and that extra value has to go to their bosses. You’re being robbed – and it’s the system called capitalism that’s doing it. Professor Richard Wolff, the Founder of Democracy at Work, explains.
#RichardWolff #How #you #are #being #exploited #profit #is #exploitation #culture #universal #capitalism
#richardwolff #how #you #are #being #exploited #profit #is #exploitation #culture #universal #capitalism
Richard Wolff's commentary on the protests in #France and the state of #French #Capitalism and #labour #unions
#france #french #capitalism #labour #Unions #richardwolff #macron #uprising
"This is another crash of the private #capitalist system in the United States ... There are efforts to make it small, don't be fooled. This is a breakdown in the basic part of the #economy ... The risks here are economy-wide." Banks are in the business to make money for investors in that bank. The problem with #SVB is that over six months deposits in #SiliconValley shrank ... at the same time government #bonds were falling in value ... fewer deposits coming an and a lowering of the banks' holdings ... the reforms adopted after 2008-9 were relaxed by #Trump but the Democrats did nothing to alter these reforms and fix things ... What will the consequences be? ... Nothing, it is all a piece of theatre ... this is a catastrophe for high-tech startups ... Silicon Valley Bank is the second largest bank to collapse is US history ... everyone else is wondering, where else in the #American banking system are deposits shrinking? ... The #FederalReserve has been trying to control this disaster, by 'limitlessly' making money available ... to allow private banks whose first priority is to make a profit is nuts."
https://www.yewtu.be/watch?v=n8aaIq8Aa4w
#RichardWolff #RichardDWolff #Capitalism #Marx #Banksters #Banks #BankingCrisis #HighTech #HighTechSector #SiliconValleyBank #BankingSystem
#capitalist #economy #svb #siliconvalley #bonds #trump #american #federalreserve #richardwolff #richarddwolff #capitalism #marx #banksters #banks #bankingcrisis #hightech #hightechsector #siliconvalleybank #bankingSystem
Richard Wolff on the American Welfare Queen!
#anticapitalism #abolishcapitalism #richardwolff
#anticapitalism #abolishcapitalism #richardwolff
Capitalism vs Technology
#richardwolff #anticapitalism #abolishcapitalism #technology
#richardwolff #anticapitalism #abolishcapitalism #technology
New Video is up. 20 min
As much as I admire Richard Wolff, his reasoning why US wealth has been exploiting us is remarkably bad. I break down the flaws and describe what I understand happened to bring us to today's circumstance. What motivated US wealth and business to see prosperity as a threat and the steps they have taken in response.
#richardwolff #china #us #economics #politics #history
@JohnKal I share your reluctance towards that logic.
"Democracy" and "freedom", despite being loaded terms that mean different things to different people, have a rather positive connotation in people's minds.
So in that regard I am more inclined to follow #RichardWolff with his "democracy at work" idea: https://www.democracyatwork.info/ This reframes socialism into terms that people can understand, and in my eyes is a very effective first step towards dismantling the capitalist system.
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Proud founding member of https://IndieNews.Network - a collaborative network of independent content creators who challenge narratives
Music: “Redpilled” by Jesse Jett https://jessejett.bandcamp.com
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Going Beyond Capitalism with Richard Wolff
https://youtu.be/pA3RRfZKxHk
#richardwolff #moneylesssociety #capitalism #tzm #thezeitgeistmovement #resourcebasedeconomy #rbe
#richardwolff #MoneylessSociety #capitalism #tzm #thezeitgeistmovement #resourcebasedeconomy #rbe
Antonio Moore BEEN warning us about problems with the #automobile industry.🤷🏿♀️
#usedcars #economy #RichardWolff
#automobile #usedcars #economy #richardwolff
In a bid to introduce more people to Mastodon I wrote my newsletter on how the experience of joining sent me back to my first joyful experiences of the internet, the alienation of online experience since then, and why the fediverse feels different.
https://tansyhoskins.org/muskageddon-vs-mastodon/
#twitter #labor #labour #birdsite #mastodon #twittermigration #newsletter #essay #writing #author #alienation #marx #karlmarx #richardwolff #work #surveillancecapitalism #capitalism #profit #data #napster
#twitter #labor #labour #birdsite #mastodon #twittermigration #Newsletter #essay #writing #author #alienation #marx #karlmarx #richardwolff #work #surveillancecapitalism #capitalism #profit #data #napster
WARNING: Prof #RichardWolff is doing the rounds conflating #Bitcoin and #memeCoin.
Like we didn't guess someone would.
He's also spreading #disinfo about #cryptoCurrencies saying the govt can't track them without mentioning basic #chainAnalysis and #Cloudflare control of #exchanges etc.
Didn't figure #RichardDWolff as a #FiatCurrencyApologist but there you go. We were always a bit lukewarm about him and now we see why.
If you follow him a least you've been warned.
#richardwolff #bitcoin #memeCoin #disinfo #cryptocurrencies #chainanalysis #cloudflare #exchanges #RichardDWolff #FiatCurrencyApologist
@olivia
We weren't sure if you were talking about the same #RichardWolff till you said this.
He's okay. Sometimes we think he's opportunistic with his takes. Like a #haveCakeAndEatItToo kind of opportunist.
#richardwolff #haveCakeAndEatItToo
https://www.thesohoforum.org/richard-wolff-vs-gene-epstein-bio
https://www.youtube.com/watch?v=vTqZOQtbtzQ
#RichardWolff #Tankie #IamSean90
Richard Wolff Is A Monster & Fraud
#richardwolff #tankie #IamSean90
Richard Wolff Responds: Capitalism's Awful Solutions to its Crises
https://youtu.be/3d-r0YgCQCE
'Responding to the statistic from the Pew Research Center survey that 42% of American households report that their income in December of 2020 was lower than before the Covid crisis hit in February and March, Prof Wolff argues that true recovery for the majority of people won’t be possible in a capitalist system. He says the conservative tactic is to shift the cost of getting back on track onto the working class. Liberal alternative isn’t that different, mostly softening the blow to the working class while continuing to leave the private capitalists to decide to revive the economy.'
#capitalism #richardwolff #video
#RichardWolff on #socialism and #workerscoops co-ops. (Via Tim Schermerhorn)
https://www.counterpunch.org/2019/05/10/socialism-and-workers-coops/
#workerscoops #socialism #richardwolff