Global Capitalism: Live Economic Update
Co-sponsored by Democracy at Work, Left Forum, Judson Memorial Church & Individual Contributors
The Economics of Taxing Wealth
- Current proposals by Bernie Sanders, Elizabeth Warren
- How US already taxes wealth (of some, not others)
- How other countries tax wealth
- How US enables/allows wealth to escape taxes
- Redistributing wealth: pros and cons
In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the November 13, 2019, event:
1. The protest movements in Chile, Lebanon and beyond and how they differ from those in Hong Kong
2. The overdue critique of “libertarian” capitalism
These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several major economic issues. Our goal is to develop all participants’ understanding and ability to explain current economic events and trends to others. When time permits, we open the floor to questions and comments.
Requested Fee/Donation: $10 per person. 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 event to help defray costs of producing, video-taping, and distributing these videos. Please contribute via our donate page. Contributions to Democracy at Work are tax deductible (we will gladly provide receipts at the event). For those able to contribute more than $10, our special thanks.
WHEN
November 13, 2019 at 7:30pm - 9pm
WHERE
53 RSVPS
Showing 36 comments
I am one of your readers/listeners of the updates you present each month. Yesterday, I reviewed several of your past presentations (about five plus hours) and came away with a history of the world (Soviet Union, China, England and United States) that develop into a capitalism vs socialism nation to understand how our current economic mess came to be.
Let’s face it, China is the number one Nation who is the powerhouse/leader and presents a different type of leader than twenty years ago. The United States is no longer number one or even in the top five industrial nations today. Too much money floating around at very low or no interest rates. Stock Market is for the top 1%. This top 1% will be out of the market when the recession begins, leaving the average investor wondering what happen! If the world currency changes to not accepting U.S. currency, then big problems will happen when other nations want payback for the U.S. dollars they hold (our debt)!
The debt (student loans, states, cities, towns, etc) in the U.S. is too high and the average person or debtor can never repay unless the government confiscates our savings and we are taxed out of our bank accounts. Our country will come to a standstill about 30 days after the recession starts is my prediction. Much layoff, no more work, companies trying to save, etc. Staples like food will suddenly be hard to get.
Recession could last ten or more years, no matter who is in the White House! Are you ready?
Ben