New Global Capitalism: As US Capitalism Shakes, US Socialism Renews


Here are some highlights from Richard Wolff's latest Global Capitalism Lecture. 

"I've lived a good long time and I have never seen the American economy in worse shape than it is at this moment. Problems have been kicked down the road. 5 of them are now converging at the same time and we are in a genuine systemic crisis." 

"All pretense that American capitalism was a rising tide that lifts all boats has been smashed."

“We are at a crossroads in the United States more so than I ever anticipated seeing in my lifetime. The stakes are enormous, the danger stupefying. But the possibilities for radical change, insight and transformation are what keep us all going. And I want to be one who celebrates them."


Watch the full July 2020 lecture. 


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  • Liz Phillips
    published this page in Updates 2020-07-10 10:18:32 -0400
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