Rick Wolff on the Economic Crisis and Socialist Strategy (3)

Noted Author and activist Rick Wolff discusses the Economic Crisis and Socialist Strategy at the Brecht Forum/ NY Marxist School, October 6, 2008

Category:

News & Politics

Tags:

• Marxism
• Richard
• Wolff
• Brecht
• Forum
• Bailout
• Analysis
• Economics

[arzoyan]

@obtree Yes look at the health of the nation physically and mentally they have ballooned and yes we manage the world resources so greatly the whole Earth is fucked.

[arzoyan]

@jamilliscious There are no so called deformed workers state. Capitalism has always been managed by minority for minority and has been given different terms to confuse to dominate the working class, Only a world of cooperation for our common needs and well being in a MONEYLESS,CLASSLESS,STATELESS communities of humanity can we truly evolve as HUMANITY in harmony within and without. Capitalism is legalised organised robbery of immense humanity by criminal gangs of Rulers.

[polygamous1]

@chuckkottke he is right man but why he forgot the fed the Real problem to Most of america's problems If we ever allow private bankers to issue n control out money we will forever be their slaves T jefferson It's an immoral system. You're asking the poor people to bail out the rich. You're asking the innocent people to bail out the guilty. You're asking people to just totally defy the Constitution because there's no place in the Constitution that says that we can do these things.

Ron Paul

[polygamous1]

@arzoyan IN EVERY COUNTRY U EITHER HAVE SOCIALISM OR U WILL END UP WITH BARARISM reminds u guys of any country the Ancient Athenians decided spontaneously one morning WHY work from sunrise till dawn for few rich landowners n they runs they out of town the Fisrt socialist revlution on earth n the birth of Real demogracysadly Nothing like this can happen again today things are devious nasty like in strikes they now go after the leaders n thei families stop the stike to save u r child simple

[chuckkottke]

I think what Richard Wolff is saying is generally correct, but I wonder how we are all to form these worker-owned cooperatives, when the money is concentrated in the hands of a wealthy minority who control even more through campaign cash and the revolving doors between government & corporations. It may take a mass movement to stop the buying of our government, so it will once again be of, by, and for We the People. It seems we are once again faced with the East India Company and their Tea.

[zayets]

Pure drivel.

[obtree]

@SolarJakee Yeah, I know what he is talking about. The census data accounts for inflation. The way he is getting the numbers to say what he wants them to say is by using household wages, which have fallen. This is due to the average household size falling.

If you look at real wages for INDIVIDUALS you find that they have increased significantly across almost all income brackets.

In fact, if I recall correctly a recent study has found that the top incomes have actually FALLEN slightly.

[SolarJakee]

@obtree He's not talking about wages in terms of how many dollars one is paid. He's talking about "real" wages, meaning the amount of goods and services one can actually buy with an hours worth of work, which HAVE stagnated. The data you are using does not incorporate inflation which makes it irrelevant.

[arzoyan]

@obtree You are conditioned in servitude and compliance for a little more.

[obtree]

@arzoyan For you to call scarcity "artificial" tells me that you either live in a fantasy world with no connection to reality, or you are a complete economic illiterate; probably both.

The free market has nothing to do with slavery, and slavery is far older than capitalism. The reality is that slavery can not increase growth. The only thing that can is individuals making choices for themselves, pursuing their own private interests, i.e. capitalism.

[arzoyan]

@obtree The era of European mercantile plundering of Americas and the genocide of million of natives followed by enslavement of tens of milions of Africans for exploitation in plantations and since mechanisation and technological innovaions by scientists in the state sector funded by tax payers we have a reality of potential plenty in harmony, but Market system is all about artificial limits and scarcity for the nomadic rampaging of Profit for a few, Capitalism is evil.