Richard Wolff explains the economy like it is...not (particularly) like we're told it is

[snappyturtle]

I like listening to Wolff's monthly messages....always good, easily understandable, laced with history....well, just very interesting. He also gives his viewpoints on what we're going to need to do the correct problems like inequality of income.

[99th_Monkey]

1. Richard Wolff seriously rocks my world.

My graduate work was studying and writing thesis on the value of worker-owned enterprises
in terms of employment stability, % of profits retained in local economy, etc. as opposed to
"locally owned" (by conventional owners), and also "absentee-owned" companies (where the
locus of ownership/control is more than 50 miles from the plant).

Worker ownership was demonstrably more beneficial to workers and to their local community,
than were the other two classes of ownership. Worker-ownership IS the way to transform
capitalism into a people-friendly & environmentally-friendly phenomenon.

I hope he stays focused on this, and goes BIG with it, asap.. Lord knows we need this change.

[snappyturtle]

2. He rocks my world too! I never have done anything like you have

but I love the way he makes it all so easy and PLAIN to understand....enough
so that I can explain matters to friends, etc. I, too, believe in worker/ownership.
Way to go and to get profits equitably distributed.

When he talks of outsourcing white collar jobs...whoa!....and it's ties with education
I am really worried. I knew about blue collar outsourcing but never realized the other.
We must do something. Unfortunately, I believe any real change
will take decades but that's better than going down the rabbit hole!

[99th_Monkey]

3. Decades or in the twinkling of an eye

I'll take the change at whatever pace it wants
to happen, sometimes slow, sometimes very
fast. and everything in between, beyond the
rabbit hole.

[snappyturtle]

4. I can't see it happening fast because of the wealth at the top.

The 1% has taken to much out and stuffed it away...far away...but I
hope you're right!

[antigop]

5. some of us on DU have been screaming about white collar outsourcing for a long time.

Thousands of engineering/IT jobs have been shipped overseas. Some of us have experienced this firsthand.

It's not just engineering and IT....any job can be outsourced if it doesn't require you to be physically present.

It's why a lot of us are livid when Hillary says there are "advantages" to outsourcing.

The "advantages" go to the CEOs and shareholders, NOT the working stiffs.

What, exactly, are engineers and IT people supposed to train for after their jobs have been outsourced?

[snappyturtle]

6. I know...I guess we have but for some reason this morning re-listening

to the video, it really HIT me. Wolff talked about folks going to foreign countries
to be treated by doctors, some of whom have been trained in the states, for much
cheaper rates on medical procedures. Sorry, if I offended you...

[antigop]

8. Richard Wolff does a really good job. Thanks for posting the video! nt

[zeemike]

7. That was the first time I heard him.

But he is great and I think did a great job of framing the problem and the solutions...
But I fear he will not be listened to by many...expecialy those in power, and the system will have to collapse first before such things are considered...but I can hope not.

[snappyturtle]

9. Oh...I think he's heard by many....if you like what you heard...

there are many of his videos on Youtube....this one is a particular
favorite of mine. He's VERY concerned about the economy and yet
hopeful...at least he isn't giving up.

[zeemike]

10. I intend to look them up.

But they could not be more detailed and complete than that one I think...he really covered it all.

[navarth]

11. wonderful, thanks for posting

he really is a great and persuasive speaker.

I was unaware of Wolff having 'monthly' messages....can you expand? thanks very much for posting.

[snappyturtle]

12. On youtube to the right of the video will be others listed....just pick

from those or click on the clock face icon to watch later. Voila! He's so good.
Repeats some but that is ok with me...he still leads in and tells things in different
ways that helps my old mind retain it! If you need help, PM me. Glad you enjoyed
the video.

[fasttense]

13. I discovered Richard Wolff about 8 months ago.

You didn't know he was missing, did you? Just kidding

But really he explains economics in such a way that even I could understand it. He takes economics back down to the people level. It's not just numbers and made up words to hide real information. He uses normal words and numbers only when he needs to.

[snappyturtle]

14. He's a great teacher. You're right, he 'takes economics back

down to the people level' without talking down....I like that.

[navarth]

15. kicking this again. needs visibility. nt

[snappyturtle]

16. Thanks navarth! It does need visibility....hope all can listen

or bookmark for later.

[navarth]

19. I'm hooked. I love this guy.

Also I get a kick out of the fact that Wolff reminds me very much of Vincent Gardenia, one of my favorite character actors.

[progressoid]

17. That sounds great but

He stops short of how to democratize capitalism.

The %1 aren't going to freely give their power to the people.

[blackspade]

18. I love Richard Wolff