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Capitalism, Mass Anger, and 2024 Elections

August 16, 2024 By Richard Wolff

In the wake of his huge defeat on June 30, 2024, when 80 percent of voters rejected French “centrist” President Emmanuel Macron, he said he understood the French people’s anger. In the UK, Conservative loser Rishi Sunak said the same about the British people’s anger, as Labor leader Starmer now says as the anger explodes.

Filed Under: Columnists Tagged With: economy, Europe/France, Europe/United Kingdom, GOP/Right Wing, Labor, news, North America/United States of America, Politics, Presidential Elections, Time-Sensitive, Trump

Tariffs Don’t Protect Jobs. Don’t Be Fooled

July 17, 2024 By Richard Wolff

Both Trump and Biden imposed high tariffs on imported products made in China and other countries. Those impositions broke with and departed from the previous half century’s policies favoring “free trade”

Filed Under: Columnists Tagged With: biden, economy, Opinion, Presidential Elections, Trade, Trump

A Professor on “Authorities” Who Order Police to Crush Student Protests

June 5, 2024 By Richard Wolff

The Washington Post’s journalists recently exposed what many already suspected or knew. Donors from society’s richest 1 percent pressured university administrators and political leaders to use police and other means to crush peaceful student protests.

Filed Under: Columnists Tagged With: History, Labor, Middle East/Israel, Middle East/Palestine, news, Politics

Empire Decline and Costly Delusions

March 30, 2024 By Richard Wolff

10% Discount Coupon Code: POLITICSDONERIGHT By Richard D. Wolff When Napoleon engaged Russia in a European land war, the Russians mounted a determined defense, and the French lost. When Hitler tried the same, the Soviet Union responded similarly, and the Germans lost. In World War 1 and its post-revolutionary civil war (1914-1922), first Russia and […]

Filed Under: Columnists Tagged With: economy, neoliberal, Richard Wolff

Socialism’s Self-Criticism and Real Democracy

December 13, 2023 By Richard Wolff

Let's win elections by promoting real history to avoid insanity. It's more than the economy.

Democracy is incompatible with class-divided economic systems. Masters rule in slavery, lords in feudalism, and employers in capitalism. Whatever forms of government (including representative-electoral) coexist with class-divided economic systems, the hard reality is that one class rules the other.

Filed Under: Columnists Tagged With: economy, wolff

Why Capitalism Cannot Finally Repress Socialism, by Richard D. Wolff

October 27, 2023 By Richard Wolff

COVID-19 destroyed the old economy. The news economy may be scary to many workers

10% Discount Coupon Code: POLITICSDONERIGHT Socialism is capitalism’s critical shadow. When lights shift, a shadow may seem to disappear, but sooner or later, with further shifts of light, it comes back. Capitalism’s ideologues have long fantasized that capitalism would finally outwit, outperform, and thereby overcome socialism: make the shadow vanish permanently. Like children, they bemoan […]

Filed Under: Columnists Tagged With: Asia/China, economy, History, Labor, Opinion, Politics

G7 Versus BRICS: Power Struggles Are Not Class Struggles, By Richard D. Wolff

October 24, 2023 By Richard Wolff

Let's win elections by promoting real history to avoid insanity. It's more than the economy.

10% Discount Coupon Code: POLITICSDONERIGHT Class struggles interact with but are different from power struggles. The ancient conflicts between city-states Athens and Sparta were power struggles, while within each, slaves and enslavers engaged in class struggles. Britain and France were absolute monarchies in late European feudalism fully engaged in power struggles. At the same time, […]

Filed Under: Columnists Tagged With: BRICS, economy, Richard D. Wolff

Why Capitalism Is Leaving the U.S., in Search of Profit: By Richard D. Wolff

August 19, 2023 By Richard Wolff

Early U.S. capitalism was centered in New England. After some time, the pursuit of profit led many capitalists to leave that area and move production to New York and the mid-Atlantic states.

Filed Under: Columnists Tagged With: capitalism

U.S. Leaders Are Split on China Policy

August 4, 2023 By Richard Wolff

10% Discount Coupon Code: POLITICSDONERIGHT By Richard D. Wolff On the one hand, U.S. policy aims to constrain China’s economic, political, and military development because it has now become the United States’ chief economic competitor and thus enemy. On the other hand, U.S. policy seeks to secure the many benefits to the United States of […]

Filed Under: Columnists Tagged With: China, economy, Richard D. Wolff

 It’s Hard for Americans to Engage in China-Bashing Without Tripping on Contradictions

July 9, 2023 By Richard Wolff

China Donald Trump trade war

10% Discount Coupon Code: POLITICSDONERIGHT By Richard D. Wolff The contradictions of China-bashing in the United States begin with how often it is flat-out untrue. The Wall Street Journal reports that the “Chinese spy” balloon that President Joe Biden shot down with immense patriotic fanfare in February 2023 did not in fact transmit pictures or anything else […]

Filed Under: Columnists Tagged With: China, economy, wolff

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