Saving US Capitalism with Nationalism Today Won't Work like It Did in the Past - Richard Wolff
"The profit making capitalists have left the United States in huge numbers, and to a remarkable extent they moved to China, and India, and Brazil... Capitalism has become global and in that process the United States (for the capitalists) is less important than it ever was. And so now nationalism has a problem it didn't have before. If you mobilize the American people against China, you're threatening the biggest investments American companies have made in the last 25 years, which are in China... And so suddenly the effort to use nationalism to shore up a shaky, frightened capitalism, doesn't work." - Richard Wolff This is a clip from "Economic Update: How US Capitalism Uses Nationalism" [S11 E17] Watch the full episode: • Economic Update: How US Capitalism Uses Na... ______________________________________________________________________________________ We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: / economicupdate Become a monthly donor via our website: https://www.democracyatwork.info/donate _______________________________________________________________________________________ Learn more about Prof Wolff's NEW BOOK, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" Now also available as an eBook! www.democracyatwork.info/books “A blueprint for how we got here, and a plan for how we will rescue ourselves.” Chris Hedges, American Pulitzer Prize-winning journalist, New York Times best-selling author Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism" http://www.lulu.com/spotlight/democra... _________________________________________________________________________________________ Want to help us translate and transcribe our videos? Learn about joining our translation team: http://bit.ly/2J2uIHH Jump right in: http://bit.ly/2J3bEZR Follow us ONLINE: Patreon: / economicupdate Websites: http://www.democracyatwork.info/econo... http://www.rdwolff.com Facebook: / economicupdate / richarddwolff / democracyatwrk Twitter: / profwolff / democracyatwrk Instagram: / democracyatwrk Subscribe to our podcast: http://economicupdate.libsyn.com Shop our Store: http://bit.ly/2JkxIfy
