Global Capitalism: November 2016 Monthly Economic Update

Global Capitalism, Monthly Economic Update:
“Now What? The Real Economic Issues and the New Government


These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several major economic issues. For November, these will include:

  1. Where is this capitalist system going?
  2. Monopolies, yet again, and deepening economic inequalities
  3. Alternative, non-capitalist economic structures and opportunities
Our goal: To develop all participants’ understanding and ability to explain current economic events and trends to others. We open the floor to questions and comments when time permits. 
If you access the videos of these monthly updates posted on YouTube and our websites, we ask you to join our attendees who contribute at least $10 at each monthly update to help defray costs of producing, video-taping, and distributing these videos. Please contribute by using the "donate" button below. Contributions are tax deductible, and we can gladly provide receipts in person if requested. To those able to contribute more than $10, our special thanks.

Showing 7 comments

  • Sarah Collins
    commented 2016-11-19 23:09:53 -0500
    Hi Richard.

    I have been watching [email protected] for quite some time and absolutely love it. However, in all your great work I have not really seen you address how worker cooperatives would address the continuing injustices of the rentier economy/capatilism. How would cooperatives help redress inequality brought about buy the collection of rents on eg land, resources, communication infractructure(such as bandwith), intellectual property and usury (interest).

    I keep thinking that even if cooperative were to become dominant the cooperatives and the people in them could still be held over a virtual barrel if we do not address the enclosure of the commons that allows a very small minority to charge rent for something that they ‘own’ but didn’t create. (Ultimately these thing we are being charged rent for were lands taken by force, commodified resoureces that were once free or such as water or EM bandwith or monopoly rights like interllectual property. (How do you own a gene?))

    I have been looking a Guy Standings work and find that he raises some critical points in these areas and would like to know how cooperatives intersect on this issue.

  • Stack Sniffer
    commented 2016-11-19 20:47:15 -0500
  • Richard Haynes
    commented 2016-11-15 23:22:03 -0500
    Why was this removed, watched it once and loved it, would like to share with others
  • Paul Cohen
    commented 2016-11-15 21:45:13 -0500
    In reply to the question by Gerardo Perfors B.: do a web search on the phrase “Mondragon University”. I think that will answer your question.
  • RussianDeepStateSock
    commented 2016-11-15 16:40:41 -0500
    Any updates on Wolff’s latest video? It has been removed form youtube for some reason, but I would love to share it!
  • Christian Caporrimo
    commented 2016-11-11 14:55:32 -0500
    Also, Trump promised very little of the things you were listing around 19:40. And most of the educated middle/upper-middle class people I’ve met who voted for him were absolutely voting about immigration and Muslims. I can’t tell you how many times I had to hear about the wall and the exportation of Muslims from these people. Many of them. Educated New Yorkers. So, while I think you are right for many of Trump’s voters, the people who put him over the top are more likely to be voting on the specifics which he spoke, not just some nebulous promise for change.
  • Christian Caporrimo
    commented 2016-11-11 14:49:15 -0500
    He was backed by the KKK the whole time. He is appointing the worst type of Republicans to his cabinet. Newt Gingrich is already trying to create a “House Committee on Un-American Activities”. Please, Dr. Wolff, you are far too smart to think that Trump’s behavior was just some attempt at showing he was “different”. Not to mention, he has to try to deliver on his promises otherwise everyone will know he was just another jerk spouting garbage to get elected.

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