Richard Wolff: The Collapse That Will Change A Generation

Richard D. Wolff is an American economist and professor emeritus at the University of Massachusetts Amherst. He is known for his critiques of economic inequality and his advocacy for worker cooperatives as a way to empower individuals and address systemic issues within the economy. Through his books, lectures, and public appearances, Wolff explores topics such as economic democracy and alternative economic models.

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[bradreif]

Not about doing the right thing, its about greed for a small group of people

[morenofranco]

The US as A COUNTRY might have 50x the wealth of Nigeria - but the majority of the US people do not benefit from that. A country's economic wealth is not the same as the peoples' personal economic wealth.

[marilynmonheaux]

It’s crazy that we have 800 military bases but haven’t won a war since World War II. We lost against the Taliban.

[wealthychronicle-iu]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[GregALang]

Humans never learn. We just keep repeating the same mistakes over-and-over.

[doriskeil-shamieh]

The national debt is concerning, and our government is not addressing that issue. Time to tax the mega rich and pay down the debt but we all know that will never happen with the billionaires controlling our government.

[brigitteschauble]

The first sentence is crucial.
To threaten the whole world. How did it come that the world allowed the USA to built these 800 bases? Why was there no stand out against it when they had built the first 20 ?
It’s the MONEY. The money system . This keeps counties poor and then they were bribed and threatened: if you….( allow us a military base in your ground for example) then we give you money so you can buy food to feed your people.
Where comes this money from? Why does USA has immense debts but in the other hand always enough money? They just print it out if thin air?
How could we probably help ourselves? Our only chance is to stick together if we want to fight back and we dearly need to. They will always pick one of us out and state an example of punishment to hold the others in line.

[Kin--]

There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.

[richdiana]

Collapse will change all empires and plutocracies.

[ricf]

Before WW1 the US was in debt. That war made it solvent. Note, this was real due to the gold standard. WW2 made it rich. All other countries were wrecked. Once the US had spent the profits it changed from the gold standard to the ethereal petro dollar. That enabled banks to create money from nothing like an endless IOU note. The worst aspect of this is that people are lent this made up money and are forced to work to pay it back. They are wage slaves. They sign up for a life time of personal debt. And the money isn't real except to them.

[Ekam-Sat]

What I discovered is that everybody is here for the comments; not the video.

[HollyGarwell]

Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024

[fredrichenning]

Those 800 bases are the REAL explanation as to why so many US citizens pay so much in taxes and get nothing in return. Those bases do not produce anything, but they do consume a helluva lot.

[mkay]

WHY HOLD ON TO YOUR CASH? I MISSED THAT PART.

[nemojedermann]

Surely describing Marine Le Pen's party as Left Wing is an error!
Fascist yes! Left Wing no! That's a contradiction of terms 😊😊

[dimatadore]

I keep forgetting that Charles is “king”. Dude is so disliked we’d rather forget about him.

[DiscoveryGlobeLifeDocumentaryY]

Richard Wolff’s analysis highlights the dark side of economic collapse—rising homelessness and financial struggles while many still try to live the American dream. Every country should focus on strengthening its own economy and fostering peace, as wars are costly and those funds could support millions in need.

Every empire has an end, and the U.S. faces challenges after outsourcing much of its productivity. It’s time to rethink priorities and rebuild a more self-reliant and compassionate society

[judithwyer]

No, Taiwan is not unimportant. It is the center of microchip technology which is at the center of US China economic rivalry. The US fears China getting more powerful chips than what the US and Taiwanese produce. It is the key to future digital innovation.

[jerryjohn]

Thank you Lord Jesus for the gift of life and blessings to me and My family $14, 120.47 weekly profit our lord Jesus have lifted up my Life!!!

[AmjadPervaiz-dh]

Every Empire has a END.
And we are moving towards that.