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Forum Post: Great interveiw of Richard Wolff by Bill Moyers

Posted 11 years ago on Feb. 24, 2013, 3:34 a.m. EST by PeterKropotkin (1050) from Oakland, CA
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Economist Richard Wolff joins Bill to shine light on the disaster left behind in capitalism’s wake, and to discuss the fight for economic justice, including a fair minimum wage. A Professor of Economics Emeritus at the University of Massachusetts, and currently Visiting Professor in the Graduate Program in International Affairs of the New School, Wolff has written many books on the effects of rampant capitalism, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It.

“We have this disparity getting wider and wider between those for whom capitalism continues to deliver the goods by all means, [and] a growing majority in this society facing harder and harder times,” Wolff tells Bill. “And that’s what provokes some of us to begin to say it’s a systemic problem.”

http://rdwolff.com/content/moyers-company

7 Comments

7 Comments


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[-] 1 points by Kavatz (464) from Edmonton, AB 11 years ago

It's so great to hear Wolff. I could listen again and again. He proposes solutions too, like do what FDR did, Democracy at Work and raise the minimum wage. But really, how does he expect us to get there? Convince the elite? Vote for someone else?

[-] 2 points by PeterKropotkin (1050) from Oakland, CA 11 years ago

You have to build a social movement around the democratization of work. These things take time though and many of these enterprises will start off small just like capitalist enterprises started small and some of them may fail just like some capitalist enterprises fail. However if you can build a movement around it and it does catch on into the broader culture then there could be some real change. Not just in this country but the world. It will take time but it is a worthy endeavour.

Read this article.

http://rdwolff.com/content/alternatives-capitalism

[-] 2 points by Kavatz (464) from Edmonton, AB 11 years ago

Thanks, that is a good read, and I didn't actually know about the website democracyatwork.info. I'll be spending some time on it for sure.

Problem is though, that we are running out of time too quickly now. It will take too long to penetrate the minds of enough people. People are generally too busy and/or stupid to care.

I'm totally in support of this but it needs to happen fast. Capitalists are choking the planet to death at an alarming rate, and even intelligent people who are caught up in their professions and families will watch the world die and wonder what happened after the fact.

[-] 1 points by PeterKropotkin (1050) from Oakland, CA 11 years ago

http://www.garalperovitz.com/

You might wanna give that site a once over too

[-] 2 points by gsw (3407) from Woodbridge Township, NJ 11 years ago

Minimum wage would be $10.50 - $11 today if it rose with inflation.

How do we get there?

Tell congress 9 is not enough and vote their punk asses out of office.

Obama proposed $9.50 1st inaugural and only $9 second inaugural.

Great video. Watch it everybody who can. This should be viral........

How about a direct democracy amendment? Put power in the people's hands, as was intended.

http://www.famguardian.org/Subjects/Politics/ThomasJefferson/jeff0300.htm

[-] 0 points by Kavatz (464) from Edmonton, AB 11 years ago

If that was possible, don't you think it would have happened by now? Unfortunately too many people think we live in a democracy, that people have some power.

We don't. We are incredibly powerless and plain stupid. We're actually still under the impression that we can tell them what to do and they'll do it.

You call this a democracy? You think most of the population have time to care? That's why Wolff's talks are not viral. What he said in this interview, he's been saying for a long long time, word for word.

When it's necessary, TPTB will assassinate anyone who might come close to really threatening their hold on power. People will be paid off, locked up or "commit suicide".

If we don't have a good plan in place, a vehicle to turn the tables, our only hope might be Anonymous.

Maybe another foolish rant by Kavatz? Maybe. You tell me.

[-] 2 points by gsw (3407) from Woodbridge Township, NJ 11 years ago