OccuWorld · @OccuWorld
200 followers · 470 posts · Server hear-me.social

EXPLOITATION IS A UNIVERSAL FEATURE OF CAPITALISM

Richard Wolff: How You Are Being Exploited

youtube.com/watch?v=2mI_RMQEul

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

Last updated 2 years ago

Ariadne · @ariadne
877 followers · 209 posts · Server kolektiva.social
Ariadne · @ariadne
734 followers · 147 posts · Server kolektiva.social

"This is another crash of the private 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 ... The risks here are economy-wide." Banks are in the business to make money for investors in that bank. The problem with is that over six months deposits in shrank ... at the same time government were falling in value ... fewer deposits coming an and a lowering of the banks' holdings ... the reforms adopted after 2008-9 were relaxed by 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 banking system are deposits shrinking? ... The 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."

yewtu.be/watch?v=n8aaIq8Aa4w

#capitalist #economy #svb #siliconvalley #bonds #trump #american #federalreserve #richardwolff #richarddwolff #capitalism #marx #banksters #banks #bankingcrisis #hightech #hightechsector #siliconvalleybank #bankingSystem

Last updated 2 years ago

⭐Spartacus · @IAmSpartacus
555 followers · 19062 posts · Server kafeneio.social

#richardwolff

Last updated 2 years ago

Richard Wolff on the American Welfare Queen!

#anticapitalism #abolishcapitalism #richardwolff

Last updated 3 years ago

GhostOnTheHalfShell · @GhostOnTheHalfShell
814 followers · 16187 posts · Server masto.ai

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.

youtu.be/igUPihr_t5Y

#richardwolff #china #us #economics #politics #history

Last updated 3 years ago

Jack of all trades · @jackofalltrades
139 followers · 468 posts · Server mas.to

@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 with his "democracy at work" idea: 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.

#richardwolff

Last updated 3 years ago

IndieLeft.media · @indleftnews
17 followers · 35 posts · Server mastodon.social

Start your week off with a fresh 6-pack of independent videos for 1/2 at indiemedia.today:







@Caitoz

Proud founding member of IndieNews.Network - a collaborative network of independent content creators who challenge narratives

Music: “Redpilled” by Jesse Jett jessejett.bandcamp.com

#thenewatlas #indienewsnetwork #chrishedges #richardwolff #sabbysabs #revolutionaryblackout #SupportIndependentMedia #news #analysis

Last updated 3 years ago

IndieLeft.media · @indleftnews
15 followers · 31 posts · Server mastodon.social
michael centra · @michaelcentra
68 followers · 187 posts · Server mastodon.world
whisperwatch · @whisperwatch
12 followers · 147 posts · Server mastodon.social

Antonio Moore BEEN warning us about problems with the industry.🤷🏿‍♀️

youtube.com/watch?v=oXNhS0bMv9

#automobile #usedcars #economy #richardwolff

Last updated 3 years ago

Tansy Hoskins · @tansy
212 followers · 155 posts · Server mastodon.lol

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.

tansyhoskins.org/muskageddon-v

#twitter #labor #labour #birdsite #mastodon #twittermigration #Newsletter #essay #writing #author #alienation #marx #karlmarx #richardwolff #work #surveillancecapitalism #capitalism #profit #data #napster

Last updated 3 years ago

LPS · @lps
288 followers · 3731 posts · Server masto.1146.nohost.me

WARNING: Prof is doing the rounds conflating and .

Like we didn't guess someone would.

He's also spreading about saying the govt can't track them without mentioning basic and control of etc.

Didn't figure as a 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

Last updated 5 years ago

@olivia
We weren't sure if you were talking about the same till you said this.

He's okay. Sometimes we think he's opportunistic with his takes. Like a kind of opportunist.

#richardwolff #haveCakeAndEatItToo

Last updated 5 years ago

jd in .hu ☑️ · @jd
259 followers · 1278 posts · Server todon.eu

Richard Wolff Responds: Capitalism's Awful Solutions to its Crises
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

Last updated 5 years ago

Matt Noyes · @Matt_Noyes
508 followers · 8571 posts · Server social.coop