Richard D. Wolff: Socialists cannot win now if they keep advocating solutions for capitalism’s predations that have already proved unsustainable and thus temporary.
Richard D. Wolff: From its ascending Thatcher-Reagan couple to its descending Trump-Johnson imitation, neoliberal capitalism replaced Keynesian capitalism. Private corporate capitalists funded effective campaigns to celebrate neo-liberalism.
Richard D. Wolff: What do we mean when we talk about “socialism”? Here are ten things about its theory, practice, and potential that you need to know.
Richard D. Wolff: The same politicians who facilitate tax reductions for banks, big corporations, and the wealthiest individuals likewise then facilitate government borrowing money from them.
Richard D. Wolff: Marx was a social critic for whom capitalism was not the end of human history. It was just the latest phase and badly needed the transition to something better.
Richard D. Wolff: Market capitalism has mechanisms of self-healing alongside the mechanisms that make it sick. Those who live in capitalist systems repeatedly suffer through both mechanisms so long as that system prevails.
Richard D. Wolff: He keeps the spotlight on himself. He postures as serving America at foreigners’ expense: the bully, tough guy working for our side.
Richard D. Wolff: Making the transition to worker coops a central part of socialist objectives brings the reality of socialism to the immediate micro-level of every working person’s daily life on the job.
Richard D. Wolff: By democratizing our workplaces, we can supplant the dominant economic system which cannot escape its intrinsic exploitation of labor
Richard Wolff: As capitalism’s dysfunctionality for the mass of the people continues to come to a head, the continued rise of socialist criticism, ideals and movements is highly likely.
Richard D. Wolff: Public opposition to Amazon was stunning not only in the speed of its formation and growth, but also in its implications.
Richard Wolff: Mr. Trump, the biggest single cause of Americans interest in socialism is because the economy, the capitalist economy you represent, hasn’t worked real well for the majority of people.
Richard D. Wolff: Capitalism’s fundamental political problem is its class division between a small number of people who are employers and the majority who are employees.