Economic Update: The Contradictions of 2021

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On this week's show, Prof. Wolff presents updates on Columbia University grad student strike, the contradictions of 2021, Cuba's Covid vaccine, Trump clone and French politics' lesson, why US manufacturing jobs keep vanishing, why capital-labor struggles affect high and low-paid workers alike: the baseball lockout, and Mitt Romney's 100% hypocritical attack on Dalio's China investments.

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Showing 1 comment

  • Benjamin Schroeder
    commented 2022-01-07 11:01:58 -0500
    Deceit and Deception – Trust and Truth
    Deceit – the act of representing as true what is known to be false; deceiving or lying – a dishonest action or trick, fraud or lie
    Deception – the fact or condition of being deceived – something that deceives, as an illusion, or is meant to deceive, as a fraud.
    This past weekend I listened to your program(s) about the Chinese companies coming to America to setup business. Three examples you used were in: Arkansas, Massachusetts and Wisconsin. In all cases it sounded like Jobs, Jobs and Jobs, which sounds good. The Governors, state officials, congress and the former President Trump hailed this to show the American public what a wonderful job they are doing to get American going again. But at what cost to the American people.
    You did well in pointing out what the real costs are going to be. Talk about deceit and deception! Is America that stupid not to see what is going on? I know I was until I heard your recent programs. I have been a listener of your programs for several years
    What is America going to look like when former President Trump finishes his term in office? I believe that if conditions continue, America will become like Venezuela and “all hell” will break loose. I believe, America’s way of life will disintegrate very rapidly. When conditions are ripe, all of America will lose all hope and the rule of the mob will ensue. Then “Marshall Law” will be imposed. Talk about the people that are employed by the various political parties and other organizations to put a “spin” on the news to deceive and shift the truth about what is really going on in the world.
    The news media (most forms of communication) and anything vital to living is being manipulated to deceive. What can the average American do?
    Only the “rich and big monopolies” will rule the world – thus a return to the middle dark ages.
    All I can do is get ready for the worst!
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