Global Capitalism: Capitalism’s Third World War

In this presentation, Professor Wolff discusses how the first two world wars brought an end to the British, German, and Japanese empires, and how a third would likely bring down the American empire. Specific topics include:

1. The U.S. empire's decline provokes desperate economic policy
2. The U.S. empire's decline provokes resurgent neo-colonialism around Venezuela, Greenland, Cuba, etc, along with the potential U.S. withdrawal from the United Nations and the weakening of NATO
3. A burgeoning political dictatorship in the U.S. that is giving rise to state “command” capitalism, the use of ICE as a special executive-controlled force for domestic control, and the militarization of MAGA versus the rest of us.
4. The emergence of capitalists against Trump is creating a divide among capitalists
5. An American self-imposed isolation from partners and allies while preparing for multiple wars.

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