American Capitalism Has Always Relied On Government
American Capitalism Has Always Relied On Government - Economic Update
Dec. 20, 2022
Democracy At Work - Professor Richard D. Wolff
CAPITALISM HAS ALWAYS BEEN AUTHORITARIAN
Capitalism is often presented as synonymous with freedom, but when the ruling class meets resistance it responds with violence... and exposes the coercion that sustains a deeply unequal system.
Professor Wolff describes the early development of U.S. capitalism and how dependent capitalists were on the British then American government.
"Capitalism was born, and like most newborns, it was weak and wobbly. And it needs a lot of help, and a lot of that help was provided as always by the government: the British government when we were a colony, the American government when we were independent. And first and foremost, it was the government that snatched the land away from those other people who organized themselves in a pre-capitalist, non-capitalist way." ~Professor Richard Wolff
This is a clip from S10 E46 of Economic Update: What "Capitalism's Decline" Means
https://tribunemag.co.uk/2021/03/capitalism-has-always-been-authoritarian
Original: https://youtu.be/FdjMPwmH3d4
Watch the full episode on our YouTube channel at https://youtu.be/pS-eCnCneyA
=
We make it a point to provide the show free of ads. Please consider supporting our work.
Become a d@w Patron: https://www.patreon.com/democracyatwork
Become a monthly donor via our website: https://www.democracyatwork.info/donate
.
Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff!
https://www.democracyatwork.info/books
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly
https://www.lulu.com/spotlight/democracyatwork
.
Want to help us translate and transcribe our videos?
Learn about joining our translation team: http://bit.ly/2J2uIHH
Follow us ONLINE:
Patreon: https://www.patreon.com/democracyatwork
Websites: https://www.democracyatwork.info/economicupdate
https://www.rdwolff.com
DailyMotion: https://www.dailymotion.com/democracyatwrk
Facebook: https://www.facebook.com/RichardDWolff
https://www.facebook.com/DemocracyatWrk
Twitter: https://twitter.com/profwolff
https://twitter.com/democracyatwrk
Instagram: https://instagram.com/democracyatwrk
Subscribe to our podcast: https://economicupdate.libsyn.com
-
LIVE
PudgeTV
23 hours ago🟠 God of War 2018 | A New Life w Kratos and Atreus Ep 011
440 watching -
DVR
The Tom Renz Show
2 hours agoFake Cops Protecting Illegals Assault Citizen Journalist in Chicago & Child Trafficking in Tennessee
7.66K1 -
14:22
DeVory Darkins
13 hours agoCNN Town Hall Voter DROPS BOMB on Kamala
16.7K13 -
1:00:55
The Dan Bongino Show
5 hours agoBongino Takes On Cenk Uygur (Ep. 2358) - 10/25/2024
593K5.39K -
53:00
The Rubin Report
4 hours agoCould Kamala Handle These Questions from Theo Von Like JD Vance Did?
56.4K61 -
33:34
Steven Crowder
4 hours ago2024 Election Exclusive: Why you Shouldn’t be Fooled by the Early Voting Data
199K474 -
41:06
Rethinking the Dollar
2 hours agoBRICS Decoupling From the Legacy Infrastructure
28K2 -
DVR
Midnight's Edge
4 hours agoMore Lord of Rings coming, Robert Downey jr takes on Musk | MEiTM #631
17.5K2 -
1:11:14
The Big Mig™
15 hours agoGlobal Finance Forum From Bullion To Borders Powered By Genesis Gold Group
23.7K4 -
DVR
Film Threat
4 hours agoVENOM: THE LAST DANCE DELIVERS! | Film Threat Livecast
9.76K