Ask Prof Wolff LIVE, October 2022 - Full Event Recording

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Professor Wolff answered the following questions in this event:
1) 5:07 - Can you discuss the concept of labor markets and how they influence collective power?
2) 11:01 - Fascism is when the state and corporations merge so why isn't the system that China has considered fascist? Is it fascist, is it not?
3) 20:42 - If inflation is a result of employers increasing prices to make higher profits, how does the Fed connect the interest rate as a way to directly control inflation?
4) 31:44 - In a worker cooperative society, what would be the role or major functions of the state?
5) 39:47 - What is the major historical downsides to a deflation? Are price decreases in a specific sector (eg, fuel if hypothetically the shocks to that supply chain end sometime) generally isolated from these?
6) 48:00 - Prof Wolff, I think the condition of public goods is correlated with a society's democratic health. What do you think about this?
7) 56:28 - Is capitalism a religion? Has it become the established religion of the United States?

Regular Ask Prof Wolff questions are selected from submissions from our monthly donors, whose regular support helps us to plan for the long term. If you would like to submit a question for consideration...

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“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”

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You outdone yourself, Prof Wolff ! This is as good as it gets.

subutaibaghatur
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Yay! Go Liz! Glad you are still doing the work with this org. Thank you for being you. Miss y'all in LA!! And as always.... Thank you Prof Wolff... For clarity of reality and sanity. For awareness and not feeling alone. 💜🙏💜

hamidassian
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Richard Wolff magically flows out the right words for the most clear explanation for anything economically and besides.

advandepol
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If we all had Dr. W teaching us in school we would be ruling the world in peace. He is such a good teacher. I just love him.

malenateves
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I do not agree with all of Professor Wolf's ideas, but I love the guy. He is honest, straightforward, offers simple, clear explanations so the common person can understand what's going on. His concern for the common working man is unparalleled. We need more men like him in our society. Thanks professor Wolf.

JG-ztcg
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Incredibly powerful 2 minute bite starting @56:30. Professor Wolff is an orator for the ages.

jplovehaighte
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A very successful format you have started there. A great new way to get the point across.

Jay...
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Signed up for email list & am SOooo appreciative for this community engagement & weekly updates

bcadams
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Great idea for a broadcast. Thank you!

PonyTrotsky
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Thank you prof. wolff for the vision, the clarity and the zeal. Thak you Liz too :)

Yaniv_YT
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This was great… I shared with my family and friends!

Blonde
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A DAY LATE, BUT I ALWAYS GET TIME FOR PROFESSOR RICHARD WOLFF. KEEP US INFORMED AS ALWAYS. SANITY CHECKMATES TRUTH.❤

cheri
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When are you doing another live Q&A? I loved this one but didn’t see anything advertised about this coming up at the time so I missed watching it live. I always try to catch the live special Prof. Wolff does every 2 months.

CodexArgenteus
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This channel delivers a much needed message that cannot be overstated: that despite the Orwellian mantra constantly linking capitalism and democracy, capitalism is in fact the most anti-democratic modern system.

NotAPacifist
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What's exhausting is the way Wolf presents things! I wish he would lean back and take a breath. He makes me feel like he thinks I'm deaf or just stupid. I can understand the words without the slow, plodding and overly emphasized enunciation.

ahagamama
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This was worth a second listen. Richard Wolff's name should be known by every American and it is obvious why the US oligarchy makes sure it isn't.

campsiegrothendieck
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More invaluable help from the Big Good Wolff on the Great NeroLiberal Collective Hallucination. (Thanks, Prof!)👍

geoffreynhill
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How does one deal with small businesses? I own a small landscaping business in SE Florida and it is hard to get other small business owners or employees interested in creating a co-op. Mostly I don't think they understand what it means and what's involved. And that they would benefit in the long run. And they don't really want to understand it seems - it's so different from what they are used to.

We are only 5 people, 2 part-time and 3 full time. We do native landscape design, installation and maintenance as well as interior plant design and maintenance. We all do different jobs but pitch in to help each other when needed. As the owner, I have found that not only is it hard to find people to do the physical labor part of the job (dig holes, hauling plants and materials, loading and unloading trucks, weeding, pruning, mulching, fertilizing, and general landscape maintenance) but getting people to be committed to being reliable or responsible is also difficult. There are so many complexities involved in changing to a co-op that I have found it discouraging.

Any thoughts?

janinegriffiths
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Whenever the next one is, i'd love to ask, "How can labor stay ahead of the game with an ever growing amount of automation, and how will labor strikes look going forward in a nearly fully automated world?"

thejquinn
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Esos detalles, son super ilustradísimos. La mayoría(?) los desconocemos y no impulsamos nuestras sociedades.
Hay casi temor de pensar. Hablo de mi, ( primero). Temor que alguien con odio te diga "comunista", sin que haya razón de decirlo.
Mire Dr., aquí en Perú, Lima, la numerosa poblacion piensa igual, leyendo en diarios de mala calidad, unicamente lo llamativo y vulgar.
Aquí desde que era joven la gente tenía miedo y mucho respeto a USA.
Muchas gracias, nos hece Ud. más humanos.

darioleonfernandez