Capitalism Has ’Abandoned’ The U.S. | Richard Wolff

Richard D. Wolff, author, economics professor, and Founder of Democracy At Work, discusses the decline of the American Empire, the gradual process of de-dollarization around the world, and the faults of capitalism in our society. *This video was recorded on May 31, 2023 FOLLOW RICHARD D. WOLFF: Richard Wolff website: Twitter (@profwolff): Democracy At Work: @democracyatwrk FOLLOW DAVID LIN: Twitter (@davidlin_TV): TikTok (@davidlin_TV): @davidlin_tv Instagram (@davidlin_TV): For business inquiries, reach me at david@ *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 2:20 - Is U.S. becoming more Marxist? 8:22 - Marxism and dictatorship 18:20 - De-dollarization 35:10 - Why is American Empire declining? 40:30 - Migration 22:10 - AI and UBI 48:45 - Entrepreneurship and capitalism 53:30 - “Democracy At Work“ #economics #capitalism #communism