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Talk about prophetic. This was uploaded in October 2010, three months later, a couple of people gathering to protest in the Middle East would, incredibly quickly, get decades-old dictatorships to crumble.
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Sad the seats aren't all full. At least he braved the weather & crowd to speak at OWS. Thank you Prof. Wolf.
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this should have at least 20 million views... but alas it only has 24 thousand. And that is why we are in the hole we are in: too few people try or even bother to try to understand why and how we all ended up here and what to do?
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actually what he said its the truth..
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I think, that a person can only be 1 idiot not 1.5 idiot.
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42:50!!! Omg George Carlin was right, he was fucking right!
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@Banelion001 actually the starting Union salary for Ford Motors in USA is around 45 USD per hour for each Union Employee. Remember that is the minimum. I agree the workers deserve fair payment for labour. Since USA is communist technically the federal minimum wage should be increased, but that wont happen because it supports the ruling elite, actually a recent consensus shows 1 in 2 people in California are Poor, Cnn news wont tell you this, Just keep watching American Gladiators
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@mstfclk63 Its incredible then how all the economies that outcompete the US in the world are also the ones most highly unionized. Also there is NO worked in the auto industry actually being paid 75$ an hour, get a grip.
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As per Tocqueville who predicted current culture, he claims that a reliance on government, although natural, should be avoided primary because it focuses to much power (without real control by the people) in government. Secondary institutions (community for example) should take care of its citizens, responsability should lie on the people not the government. People need to be more active not government.
Great talk. Woudnt it be great to gather people like Prof. Wolff and Chris Hedges to one huge and better exposed discussion in front of a bigger audience.. maybe even a series of talks?
MarkoKraguljac 1 year ago 37
Bravo, an economist that restores my faith in economists. spot on
ONESNZER0S 1 year ago 35