The world according to Richard Wolff

[odysseus2000]

Some interesting economic commentary from Richard Wolff in conversation with Lex Fridman

How the rich steel from the poor:

https://youtu.be/RP-k7uRILYY

Why capitalism fails:

https://youtu.be/XthLoLZZKbM

Americans are being lied to:

https://youtu.be/Mngtboc_i28

Regards,

[RockRabbit]

This Richard Wolff - the Ivy League Marxist who appears to see everything in life in terms of the failures of capitalism? The global economy may be screwed but I don't think Marxist academics have any solution to offer us.

https://www.counterpunch.org/2022/04/14 ... n-ukraine/

[odysseus2000]

Interesting article!

I am not sure if there will ever be a solution to the relentless series of wars we have seen throughout recorded history.

From a human perspective one can hope that there will be no nuclear wars, but it seems that no ideology yet invented can control the human instinct for geopolitical power & with it the danger that in the by and by one side will believe it can win such a war or that not to fight it is to be wiped out anyway.

One can use which ever ideology one wants to “understand” the mechanisms that create conflict, but stopping such conflicts is an altogether more difficult task. Still always interesting to peruse various belief systems & Wolff is a good spokesperson for what he believes & the pod cast brought out some interesting view points that will guide various forces & provide potential investment opportunities. As Charlie Munger likes to argue, one should know the arguments for both sides at least as well as those who hold them.

Regards,