Economic Update: The U.S. Economy As An Apartheid System

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  • Опубликовано: 11 янв 2025

Комментарии •

  • @stephen_pfrimmer
    @stephen_pfrimmer 11 месяцев назад +165

    Thank you Dr Wolff for inviting Dr Hudson. We love you both.

    • @simonsadler9360
      @simonsadler9360 11 месяцев назад +1

      Spain a backward country , no way ,last year 93 million visitors , we are now the world's biggest producer of fine wines . VERY anti French we have tinto in cartons €1.05 per litre , our version of Champagne = Cava ,from € 3.50 a bottle , have my full dss pension my Pru pension taxed in Britain .Very cheap healthy food here , & superb coffee .Spanish is my prime language now ,Spanish cooking superb ,when in season we make paellas from rabbit & snails ,am expert making Hungarian Goulash ,Iive in a humble casita in Gaianes ,been here 22 years .

  • @gabrielbruhnr
    @gabrielbruhnr 11 месяцев назад +316

    These elites in tandem with the corrupt government will take this country to it's knees like the fall of Rome, My sympathy goes to anyone approaching retirement, you may have reasonable concerns over your pension and if it'll stretch to cover the rising cost of living, bad regulatory policies, bad energy and insane fiscal policies.

    • @yvesderrick4348
      @yvesderrick4348 11 месяцев назад +2

      Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,

    • @ThistainByrthle
      @ThistainByrthle 11 месяцев назад +3

      No doubt being financially free and not having to worry much about health care and other essentials cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.

    • @valeriejeanmathis874
      @valeriejeanmathis874 11 месяцев назад +2

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @gabrielbruhnr
      @gabrielbruhnr 11 месяцев назад +1

      indeed, most people downplay the roles of financial planners until burnt by there mistakes. Productivity is optimized and keeping up to date strategies and analysis makes it more lucrative. I've been able to navigate the volatilities and scaled up 880k from 220k with professional guidance.

    • @chirstianpeyre5530
      @chirstianpeyre5530 11 месяцев назад +1

      impressive, I'll definitely check it out, I buy the idea of employing the services of a financial advisor because finding that balance between saving and living requires counsel. Who do you work with?

  • @damintten
    @damintten 11 месяцев назад +108

    Would tune in every week for a weekly Wolff/Hudson segment.

  • @Ace1000ks
    @Ace1000ks 11 месяцев назад +153

    In China, the government didn't bail out the real estate speculators. As a result, the price of homes in China are going down. Back in 2008, our government bailed out the speculators, and now homes and rents aren't affordable. People can't start businesses renting commercial real estate, many people can't buy homes at these inflated prices, and rents had gone up a lot.

    • @blondiegreeneyes4802
      @blondiegreeneyes4802 11 месяцев назад +10

      Thanks ! This is extremely interesting.

    • @rsavage-r2v
      @rsavage-r2v 11 месяцев назад +69

      "Houses are for living in, not for financial speculation." -- Xi Jinping

    • @qake2021
      @qake2021 11 месяцев назад +12

      👍👍👍 agree ✌️✌️✌️

    • @danielhealy9725
      @danielhealy9725 11 месяцев назад +20

      And not ONE in jail. They write the laws so they never break any. Disgusting! Over a thousand went to jail for the Savings and Loan scandal.

    • @Ace1000ks
      @Ace1000ks 11 месяцев назад +14

      @@danielhealy9725 Exactly. The only people that are paying for it are the people of the U S. We have a lot more homeless people, more people are under a tremendous amount of stress paying these inflated mortgages, rents, and inflation.
      Some people say my home is paid off so it doesn't affect me. Tell that to my parents who have difficulty paying property tax and homeowners insurance due to property values going up for the past 16 years.

  • @mrclo_l0pz330
    @mrclo_l0pz330 11 месяцев назад +140

    The unbeatable "dream team": Prof. Richard Wolf and Prof. Michael Hudson.
    It DOES NOT get better than this.
    What an amazing privilege!

    • @basook6116
      @basook6116 11 месяцев назад +4

      sad part is USA's economy is declining fast do to self inflicted; less investments, funding more endless wars, thus increasing debt, Americans standard of living is degrading

    • @gregwang8628
      @gregwang8628 11 месяцев назад +4

      @@basook6116Beltway politics are pure American, and voters put these goons in the office to do them over, how sad is that?

    • @basook6116
      @basook6116 11 месяцев назад +3

      @@gregwang8628 corruption ???

    • @janelliot5643
      @janelliot5643 11 месяцев назад

      ​@@gregwang8628sure we put them in office. Sure we have a completely intact democracy. Sure Santa Claus is real

  • @davidluckens3479
    @davidluckens3479 11 месяцев назад +52

    Yep,by the calculus employed by economists a few decades ago,half of us are paying unaffordable rent just to keep a roof over our heads.Thats not only unsustainable ,its gratuitously predatory.I'm thankful for Profs Wolff and Hudson for bringing this up.

  • @NonchalantWalrusParty
    @NonchalantWalrusParty 11 месяцев назад +184

    My two favourite economists having a chat ❤

    • @shomulder6854
      @shomulder6854 11 месяцев назад +6

      💯

    • @darktagmaster1861
      @darktagmaster1861 11 месяцев назад +6

      Hudson does not suffer idiots either. He don’t take no shit.

    • @gfarrell80
      @gfarrell80 11 месяцев назад +3

      Yeah... I don't know what else we could add here... David Harvey maybe?

    • @dylannaenzo9737
      @dylannaenzo9737 11 месяцев назад +6

      Please don't call Hudson "an economist", as he dispises them. He prefers to be called "a futurist" and he's also an anthropologist.... so he knows the past, and he is very good at predicting the future. He's on my dream team dinner/conversation.

    • @l.w.paradis2108
      @l.w.paradis2108 11 месяцев назад +3

      Love all these posts!

  • @a.m.7438
    @a.m.7438 11 месяцев назад +50

    It's more than pay for me. I don't want to work the entirety of a year, every year, with the nonsense excuse that I can have "the weekend," or a holiday here or there. It's absurd we're expected to work our lives away in the manner we do. I'm not living to labor FOR SOMEBODY ELSE for the majority of my adult life.
    We don't have to live like this. Make 4 day weeks the norm, and shrink work hours to 6 hour full time employment days.

    • @michaelandrews4783
      @michaelandrews4783 11 месяцев назад

      Good for you the Capitalists just use and and spit us out to finance a class of lazy rent seeking reprobates,, always scheming to put their fellow countrymen over a barrel for the most basic of life necessities.

    • @0ChanMan
      @0ChanMan 11 месяцев назад

      Start that business bro! Quit exploiting the capitalist system by earning more than you otherwise could buy yourself!

    • @partofme100
      @partofme100 11 месяцев назад +1

      Why don't you become an employer and show us how to do it right.

  • @danielhealy9725
    @danielhealy9725 11 месяцев назад +41

    Economic apartheid is real, and we're LIVING it.

    • @ozanozkirmizi47
      @ozanozkirmizi47 11 месяцев назад +1

      Probably, better term would be "We are suffering in it" rather than "Living in it"

  • @jamessmith1785
    @jamessmith1785 11 месяцев назад +20

    In Italy rent is established by square meter space specifically, a landlord cannot name their own price without regulation even in commercial buildings or office space.

  • @mirziyodm
    @mirziyodm 11 месяцев назад +7

    Well, what do you know - it so happened that I'm reading Hudson's "Killing a host" right now! And it's a great read!

  • @lilithlives
    @lilithlives 11 месяцев назад +28

    I would like you to do a segment on the Gig jobs in America, where "employees" use their own transportation, insurance, gas, insurance, repairs and physical risk, and after all those expenses, many don't even make minimum wage. But many are forced into this horribly exploitative industry where the CEOs are billionaires.

    • @kristiblack4789
      @kristiblack4789 11 месяцев назад

      And Billionaire Bombing Butthead Larry Ellison, sole owner of the stolen Island of Lanai, doesn't allow his employees to even look at him. Not in the face or eyes! Like a right Master/Slave relationship!

    • @kylezo
      @kylezo 11 месяцев назад

      there are a few dozen stories on this topic in the archives, also take a look over at More Perfect Union which does great pieces on those issues as well

    • @SimonFranck100
      @SimonFranck100 3 месяца назад

      Some "gig"

  • @JohannCABJ
    @JohannCABJ 11 месяцев назад +39

    The collab I always wanted. Waited 5 years for it.

    • @ansa336
      @ansa336 11 месяцев назад +2

      Yes!!! I could not agree more.

    • @BrentMedia
      @BrentMedia 11 месяцев назад +1

      They did an interview together on another channel a few days ago. Def recommend it if you haven’t watched.

    • @PogoTheC1own
      @PogoTheC1own 11 месяцев назад

      There is plenty of Richard Wolff and Michael Hudson vids here on youtube!

    • @jgalt308
      @jgalt308 11 месяцев назад

      @@PogoTheC1own There are only two serious ones...the rest are segments of those two
      and they're both new. Anything earlier is a waste of time.

  • @marycollins8215
    @marycollins8215 11 месяцев назад +6

    Thank you. I am 64 and like your intro music very much. It is uplifting and also not something that I don't want to hear even once. Dr. Wolfe you are being authentic and I value you so much! I care about our planet home and our future generations, and I don't want to age in a warehouse that takes away everything we own. We need a new, new deal approach.

  • @kennethhancock2433
    @kennethhancock2433 11 месяцев назад +17

    Two of the absolute best.

  • @dylannaenzo9737
    @dylannaenzo9737 11 месяцев назад +7

    Michael Hudson = genius, socialist, overall great human being. He is an American Hero can make very complex ideas, concepts, easier to comprehend. I pray for his continuing good health. I love Wolff, too, for helping us all understand what's happening all around us for decades, on RUclips. Many thanks to both wonderful intellectuals.

  • @johnnynelson3361
    @johnnynelson3361 11 месяцев назад +1

    Thanks!

  • @Sakhara256
    @Sakhara256 11 месяцев назад +3

    I'm getting a great education on national and global economics by listening to this channel.

  • @seanpenfold4374
    @seanpenfold4374 11 месяцев назад +14

    Great episode, I'd certainly like to see Dr. Hudson on again.

  • @kp6215
    @kp6215 11 месяцев назад +26

    Waiting for his next book 😊

  • @fredtan1506
    @fredtan1506 11 месяцев назад +10

    I remember, in the 1960s, American leaders bragged about letting the Japanese (paraphrase) “make Sanyo or Panasonic washing machines, fridges for us while we dominate outer space”.

    • @kristiblack4789
      @kristiblack4789 11 месяцев назад +1

      And the only dependable thing that we've got to show for those MIA Trillions are NASA Space Panties!

  • @kp6215
    @kp6215 11 месяцев назад +17

    Back to several people sharing residence rented to pool their income to pay the rent same as 1895.

  • @DarkVader-jj4dt
    @DarkVader-jj4dt 11 месяцев назад +18

    Thank you Professor Wolff for explaining how economics and democracy work, things are a whole lot clearer to me now.

    • @Nemesisnxt
      @Nemesisnxt 11 месяцев назад

      Whoa, hold on there. You really need to study other sources of information. The professor’s statements are heavily skewed towards pro-communism. Balance this out with Hillsdale’s economics 101. Then you will have a better understanding of how it works.

  • @johnqueripel2001
    @johnqueripel2001 11 месяцев назад +4

    Exactly the same in Australia. Sydney is the second most expensive city in the world for real estate. Young people have virtually no hope of getting into real estate.

  • @thomasduggan8755
    @thomasduggan8755 11 месяцев назад +27

    Best wishes from Manchester Old England great show everybody keep up the good work ❤️👍 just follow the money 🤑

  • @waxon2
    @waxon2 11 месяцев назад +3

    Love and Respect to the Yemeni people for bravely enforcing the Israel boycott/embargo. Free Free Palestine.

  • @l.w.paradis2108
    @l.w.paradis2108 11 месяцев назад +7

    Just checked the statistics --- the largest number of workers in the manufacturing sector, in terms of total workers and not as a percentage of the total labor force, occurred during the Carter administration: roughly 20 million people. So, later than we thought. Pre-Reagan, not coincidentally.
    The purchasing power of the minimum wage peaked about ten years earlier, around 1968 or 1969. Back then, a couple starting out, both working full time for the minimum wage, could afford an apartment anywhere: San Francisco, Denver, Seattle, Chicago, New York, Boston, . . . literally anywhere.

  • @kp6215
    @kp6215 11 месяцев назад +27

    A realtor in 1965 told me about red lining and ask to call my mother when a black child was playing outside to not bring clients because property values were go down that I said that is discrimination and we said NO .

  • @kp6215
    @kp6215 11 месяцев назад +37

    My favorite people 😀👍 Reading Michael his books are my brain learning.

  • @azoteapost8734
    @azoteapost8734 11 месяцев назад +5

    Thanks for having Dr. Michael Hudson !

  • @oramaspilsbury275
    @oramaspilsbury275 11 месяцев назад +4

    I love Michael Hudson! & you too Rick. It’s an honour listen to you both.

    • @tiashannon4614
      @tiashannon4614 10 месяцев назад +1

      A republic strive while a democracy surrender.

  • @d.csiona171
    @d.csiona171 11 месяцев назад +4

    Great show and, conversation between two of the best minds in economics.

  • @TheLeaderr
    @TheLeaderr 11 месяцев назад +7

    I could listen to you two talking for hours without getting bored :D....

  • @gabrielmonopoli7994
    @gabrielmonopoli7994 11 месяцев назад +5

    Excellent information

  • @JohnDoe-xg3rt
    @JohnDoe-xg3rt 11 месяцев назад +2

    Parfait. Un cours d'économie abordable de 30 minutes.

  • @Itharl
    @Itharl 11 месяцев назад +1

    Professor Hudson is phenomenal; he explains these concepts very clearly and succinctly, thank you for bringing his perspective to us.

  • @alvinfrazier4152
    @alvinfrazier4152 11 месяцев назад +7

    Thank you for explaining why America is an apartheid state, Professor.

  • @angelacouncil1092
    @angelacouncil1092 11 месяцев назад +3

    Love the Esteemed Economic teachers,breath live love economics, Great 👍 work .

  • @lady-bug939
    @lady-bug939 11 месяцев назад +1

    Thank you for bringing Michael Hudson on your show. Very informative talk.

  • @johnchan6955
    @johnchan6955 11 месяцев назад +3

    Thank you Dr. Wolff! I wished I had you as my professor in college.

  • @Mj_Billz
    @Mj_Billz 11 месяцев назад +6

    Just your interview on Palistine much respect man, new subscriber happy to have found your channel. From London. Peace and love.

  • @DerekSpeareDSD
    @DerekSpeareDSD 11 месяцев назад +1

    Love seeing Prof Hudson on Economic Update!

  • @vooyas.mp4
    @vooyas.mp4 11 месяцев назад +2

    As always an insightful and though provoking conversation between two great minds!

  • @cheri238
    @cheri238 10 месяцев назад

    Thank you, Professor Richard Wolff, for all your years of educating those who can hear truth, with without hating and the same for Professor Michael Hudson. Superb critical analysis of economics.

  • @adrianmorris5546
    @adrianmorris5546 11 месяцев назад

    Richard Wolff andMichael Hudson two great professors giving no nonsense and brilliant explanations of the whole world situation thank you

  • @patriciaalmaguer7874
    @patriciaalmaguer7874 24 дня назад

    Sir, I appreciate these educating videos as a subject matter expert so much on how the economy works and how it ties in to our current politics and how you explain the historical content with today's relevant issues. Thank you! God bless you, and I pray more people 🙏🏼 would listen. I have shared with many of my acquaintances. My exhusband is a Princeton graduate in economics. I shared your videos with him.

  • @alexnevermind5963
    @alexnevermind5963 11 месяцев назад +2

    Love listening to Michael Hudson. 😃👍

  • @markstuckey6225
    @markstuckey6225 11 месяцев назад +4

    It would be interesting for Dr. Wollf to do an analysis of effective inflation according to income. Since housing costs are a larger proportion of income for the poor, they must face higher inflation; it would be interesting to see this quantified.

  • @ratnabahadurgurung9850
    @ratnabahadurgurung9850 11 месяцев назад +3

    Nice conversations, thanks both professors,appreciate.

  • @terryhollands2794
    @terryhollands2794 11 месяцев назад +16

    Similar to Canada, there are 2 classes of people, those within the system and those excluded from the system.

    • @stoneneils
      @stoneneils 11 месяцев назад

      oh boy you have no idea to say that.

    • @terryhollands2794
      @terryhollands2794 11 месяцев назад +6

      @@stoneneils what? Do you think opportunity is distributed equally in North America ? I know exactly what I am talking about. I lived in both the USA and Canada. I have personally experienced both inclusion and exclusion.

    • @stoneneils
      @stoneneils 11 месяцев назад +2

      @@terryhollands2794Most workers out ther are immigrants..high and low paying. Maybe Alberta is racist but jesus christ man its 2024 in Canada..if you're qualified and not a whining gen-z demanding 75k at your first job than you're hired like anyone else. Most of my bosses have evern been immigrants. NOT the same in the USA.

    • @stoneneils
      @stoneneils 11 месяцев назад

      @@terryhollands2794 Are you qualiflieid, because you don't mention your career. You're just whining like a typical victim mentalitythat life isn't fair without any details to back it up. I promise you there are MILLIONS of new young immigrants across the usa and canada who surpassed me in IT salary already and i have 30 years experience. Should I blame the color of my skin!? Or might it just be they are BETTER coders.

    • @hlholiday
      @hlholiday 11 месяцев назад

      @@stoneneilsI live in the US. You’re full of crap.

  • @kindaplayerone4128
    @kindaplayerone4128 11 месяцев назад +8

    Professor Richard Wolfe you Rock!

  • @Blueberry-yh6sc
    @Blueberry-yh6sc Месяц назад

    Much appreciated

  • @thomasduggan8755
    @thomasduggan8755 11 месяцев назад +2

    Best wishes from Manchester Old England great show everybody keep up the great work ❤️☺️ Amen

  • @work4yhwh
    @work4yhwh 10 месяцев назад

    Love this coverage!! Thank you all so much!!!

  • @Fatfingertunes
    @Fatfingertunes 11 месяцев назад +2

    Thank you Prof Wolff, and Thank you for Michael Hudson - I've read (a few of) his books!

  • @adwilkin7975
    @adwilkin7975 11 месяцев назад +1

    Get these two their own podcast! Awesome stuff!

  • @Baobabaloo
    @Baobabaloo 11 месяцев назад +1

    Thank you for all your hard work, both of you. Your voices are so important right now.

  • @AymanB
    @AymanB 11 месяцев назад +8

    Longer interviews please with guests of this caliber. Could've done the updates on a no-interview episode and had a 30min interview here.

  • @frizellruckerjr3968
    @frizellruckerjr3968 11 месяцев назад +3

    Dr. Wolff, YOU give the plain truth. Acudos to You, respectfully to You, Sir.

  • @ansa336
    @ansa336 11 месяцев назад +7

    Thank you gentlemen!!!

  • @charleskesner1302
    @charleskesner1302 11 месяцев назад

    Thanks Professor Wolff you and Michael Hudon are my favorite economist. You explain our economic system quite well. As they say if is complicated it crooked.

  • @merry8092
    @merry8092 11 месяцев назад +3

    Wow, the title alone is stunning.

  • @randolphholy-day6400
    @randolphholy-day6400 11 месяцев назад +3

    Very informative!

  • @regrichard4533
    @regrichard4533 11 месяцев назад +4

    Good men, good show.

  • @MegaPapa8888
    @MegaPapa8888 11 месяцев назад +2

    very interesting from another point of view solving our economic problems. Thanks.

  • @sjoncb
    @sjoncb 11 месяцев назад +34

    the 99%: Housing should be a human right
    the 1%: nope

    • @MrChiangching
      @MrChiangching 11 месяцев назад +5

      Give me your house 😊😅

    • @attieschutte7116
      @attieschutte7116 11 месяцев назад

      How about the right to oragasms? Or lollipops. Can I have your bonus check and daughter for the weekend? No such thing as private property remember!

    • @theprophet489
      @theprophet489 10 месяцев назад

      History as it is white supremacy and colonialism and capitalism slavery

    • @robertburatt5981
      @robertburatt5981 9 месяцев назад +1

      If the average american adult understood-at all-the importance of democracy, american society would be unrecognizable from what it IS today.

    • @Aroncare
      @Aroncare 9 месяцев назад +1

      Even byrds have their nest shelters and they don't have to pay nobody, why we a modern civilized society canot have free housing when even animal have them 😢

  • @alimay1011
    @alimay1011 11 месяцев назад +2

    Great to hear these speakers. Thanks CN

  • @ReginaJune
    @ReginaJune 11 месяцев назад +4

    20:38 by the time I got a house, I was sabotaged at work and I wanted to just die and 2008 mortgage being what they were. I sold my new car and liquidated everything to be homeless in nyc and by the time I was rehoused 2 years, I was informed the foreclosure on my house was finalized just the month prior. Isn’t it ironic- don’t you think?

  • @andrzejkopalnia
    @andrzejkopalnia 11 месяцев назад +1

    Brilliant as ever, both of them ❤️

  • @MR-tn5kv
    @MR-tn5kv 11 месяцев назад +4

    Absolute dream team!

  • @bertbaker7067
    @bertbaker7067 11 месяцев назад +6

    Thinking back about Obama still kinda feels like i was cheated on or something. He was the first politician that I really thought was going to help people. I know he had huge forces arrayed against him, and we had to keep supporting him. I didn't realize it until years later, but when he let the bankers off the hook after bailing them out, and that "beer summit" with the racist cop that arrested Henry Gates in his own house. I didn't say anything at the time, had to keep the faith, but looking back, that was when I started to realize he might be the same as all the rest of the politicians.

  • @Spock_Rogers
    @Spock_Rogers 11 месяцев назад +3

    Thank you! 👍

  • @NoreenHoltzen
    @NoreenHoltzen 11 месяцев назад +3

    Dream team to have Michael and Richard together!

  • @dstr1
    @dstr1 9 месяцев назад +1

    The difference between all other economies and that of China is the interest rates. Workers wages has nothing to do with it. They just claim that its cheap labor why China is wealthy. China is wealthy due to low financing cost in the economy. That's the only reason why everything of equal quality is comparatively cheaper to produce in China than other countries.

  • @marysavage970
    @marysavage970 11 месяцев назад +3

    It’s always awesome to listen to you, Prof. Wolff, and Mr Hudson in conversation…maybe I should contact Charlie and suggest that more of the same ie: you and Michael discoursing…👍👌👍

  • @darrenalevi3006
    @darrenalevi3006 11 месяцев назад

    Love seeing Mr Hudson & Wolffy Team up, Two wise old men, hope we see more of these two team up.

  • @breft3416
    @breft3416 11 месяцев назад +1

    As usual, the truth and the reality. Thaks, Professor!

  • @ReginaJune
    @ReginaJune 11 месяцев назад +3

    8:31 teachers are the actual product that’s being sold at universities and based on student recognition that makes the brand of a university. I didn’t pay $13 a unit at SMC for UCLA teachers by accident. Thank you!

  • @caseycarrier4412
    @caseycarrier4412 11 месяцев назад +1

    Nice work! You are appreciated

  • @rubenrubinos982
    @rubenrubinos982 11 месяцев назад +8

    I have worked 3 jobs to purchase a home and have been unable to buy one at this time I have given up on buying.

    • @1LaOriental
      @1LaOriental 11 месяцев назад +1

      I’m in the same boat.

    • @kylezo
      @kylezo 11 месяцев назад

      same.

  • @kateoneal4215
    @kateoneal4215 11 месяцев назад +8

    MICHAEL HUDSON IS AN ADVISOR TO JILL STEIN! ❤

  • @WickedV3ng3nc3
    @WickedV3ng3nc3 11 месяцев назад +2

    LOVE your content, Mr. Wolff! Please allow us to clip your videos to improve shareability.!

  • @vivalaleta
    @vivalaleta 11 месяцев назад +20

    Best guest evah.

  • @dcikaruga
    @dcikaruga 11 месяцев назад +3

    'We study the economy, and then we pretend, like our collegues, that we really understand what's going on.' - That was awesome!!!!!! 😁

    • @kristiblack4789
      @kristiblack4789 11 месяцев назад

      They know exactly what's going on, and not going on in "our" Debt Based Economy. But must pretend like they're super, duper Clueless! Meanwhile they laugh their arses off back at the Lodges!

  • @joecool3332
    @joecool3332 11 месяцев назад +3

    Great show

  • @jcf8
    @jcf8 3 месяца назад

    Thank you for the great episode!

  • @kristiblack4789
    @kristiblack4789 11 месяцев назад +3

    "There never was a democracy yet that did not commit suicide." Samuel Adams!

    • @rais1953
      @rais1953 Месяц назад

      The US is an oligarchy not a democracy. The two factions of the Property Party just have different rhetoric. So, which democracies have committed suicide?

  • @cev12
    @cev12 11 месяцев назад +1

    I like that Michael Hudson has few and actionable solutions. That sounds doable.

  • @lwilly1269
    @lwilly1269 10 месяцев назад +1

    2024 CORNEL WEST PEACE, LOVE, and JUSTICE for the sake of humanity. POTUS

  • @fidomusic
    @fidomusic 11 месяцев назад +5

    "Cape of Good Horn"😃. Richard means the Cape of Good Hope, at the tip of South Africa. Cape Horn is at the tip of South America.

  • @johnstpete1
    @johnstpete1 11 месяцев назад +1

    It doesn't get much better than Richard and Michael chatting :)

  • @merfymac
    @merfymac 11 месяцев назад +8

    Too short!

  • @egbutler114
    @egbutler114 11 месяцев назад +5

    The market economic system is the problem, and no one is addressing it.

    • @kylezo
      @kylezo 11 месяцев назад

      the PSL is addressing it with de la Cruz's presidential campaign but it is not addressed by corporate media. "no one" is horrifically dismissive of those of us that are doing everything we can to uplift these ideas

  • @stevenmedge3479
    @stevenmedge3479 11 месяцев назад +1

    Gotta love wolff and hudsons analysis

  • @kristiblack4789
    @kristiblack4789 11 месяцев назад +2

    It's historically called a Debt Forgiveness Jubilee! Super duper funny that right before vulgarly wealthy Queen Elizabeth died, a product of a vast ancient, absolute Monarchy, had a royals Jubilee in her honor minus the Debt Slavery Forgiveness! What a royal Hoot her majesty was! May she rest in Piece!

  • @conorknapp6764
    @conorknapp6764 11 месяцев назад +3

    Two of the finest minds in modern economic theory, always a pleasure to see the two of you together!

  • @tracyclark7560
    @tracyclark7560 10 месяцев назад

    awesome knowledge. thank you for your service

  • @gD-cp3cg
    @gD-cp3cg 11 месяцев назад +1

    Thank you for your videos guys !!
    It is always subtle to see that policy in France follow the same system as your policy have made in US.
    Toujours intéressant de voir pourquoi il faut standardiser le monde.
    Always interseting to see why it does standardize the whorld.🙃

  • @chuekaothao6329
    @chuekaothao6329 11 месяцев назад +3

    Red sea shipping has the same effect as a tariff for EU and and the west. No matter how long it takes for products to reach Europe, Asia exporters and MiddleEast exporters still gets their priced values. the hiked up prices resulting from the detour are paid by European consumers, so why would Asian exporters do anything about it even if Sullivan spokes until he's foam from the mouth?

  • @JMoroccoMisterBoy
    @JMoroccoMisterBoy 11 месяцев назад +2

    Richard :
    Tks. much.