Algorithmically Inconvenient

Armando Vega
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  1. Imperialism, Capitalism, & Revolution w/ Dr. Richard Wolff

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    Imperialism, Capitalism, & Revolution w/ Dr. Richard Wolff

    "It is a system based on an incredible level of what psychologists call: denial. We don't have to have rising interest rates. We don't have to have rising prices. Why do we give three percent of our people, the employers, the ability to raise the prices whenever they feel like, for their profit, at our expense. That's not democracy it's the opposite." Inflation Explained 20:25-3:40:16 What is inflation? Why does it happen? 3:31 Greedflation explained: 6:06:02 - 9:56:10 President Roosevelt response to WW2 inflation 15:39 What pressure do rising interest rates place on working people in the developed world? 16:48 What are the consequences for developing countries? 24:50 "It is a system based on an incredible level of what psychologists call: denial. We don't have to have rising interest rates. We don't have to have rising prices. Why do we give three percent of our people, the employers, the ability to raise the prices whenever they feel like, for their profit, at our expense. That's not democracy it's the opposite." 26:50 How does Dr. Richard Wolff view United States empire collapse? 28:47 "As of 2023 the G7 total economic output fell to 29%. The BRICS countries total economic output has risen to 33%. China and its allies are a bigger economic force, richer in terms of total output of goods and services than the United States and its allies" 33:52 The economic collapse of the United States 38:15 How does a global economic empire collapse look like in a world with nuclear weapons? 47:52 "In England when they had a civil war there weren't have nuclear weapons. In England when they had a civil war they had muskets and swords and stuff; awful ways to die. War is an awful crime. My concern today is... now nuclear weapons are in play." 48:38 "We are already fully engaged in that part of a decline of a system that involves the hysterical scapegoating period". 53:20 How to fight fascism & capitalism 59:18 Richard Wolff Commendation 1:02:32 Dr. Richard Wolff is a Marxist economist at the New School in New York City. He's been building the movement for justice for working people for over 50 years. He founded the organization, Democracy at Work. I'm grateful that he sat down with me to talk about the *real* impact of the Federal Reserve interest rate hikes. Right wing libertarians swear that the Federal Reserve's manipulation of interest rates is merely interference from government that causes the immiseration of working people. As Dr. Wolff correctly points out, it is the employer class that manipulates prices across the globe, but especially here in the United States where there are virtually no limitations on prices. This manipulation of prices is for nothing more than profit. Richard Wolff: Twitter: https://twitter.com/profwolff Website: https://www.rdwolff.com/ Democracy at Work: https://www.democracyatwork.info/

    1 ч. 4 мин.

  2. ТРЕЙЛЕР СЕЗОНА 3

    Pax Americana

    America has never experienced a fall in power, influence, or wealth. We've only ever grown & ascended. First across the continent, then the hemisphere, the globe, & into space. The Pax Americana is known as the "long peace". The major world powers haven't directly waged war against each other since the end of WWII. In 1945, the United States owned half of the world's wealth & one of every two dollars of investment. We fantasize about the "good ol' days" the way Reagan's "Morning In America" ad illustrates. When fair wages were as abundant as fair work. When the patriarchal family reached its zenith. When everyone could own a home. When everyone could afford a new car. When everyone could retire at a reasonable age. When the world made sense. We hope that in clinging to the America of yesterday, today's problems will just go away. COVID destroyed the economy that Obama built of low wage, part time, precarious work. In order to cope with it, it sapped the last of the interest negative economy of easy money from the Fed that allowed the tech economy to thrive. As Russian forces entered Ukraine in February 2022, it's largely considered that the Pax Americana has come to an end. What was it like to live in an era where nuclear annihilation was a constant public panic? What was it like to live under the thumb of American capitalism? What's become of the United States? This is Season 3 of Algorithmically Inconvenient.

    4 мин.
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Making the news you might have missed.

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  • Автор
    Armando Vega
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    57
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    3
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