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America’s decades-long wealth transfer from the working and middle classes to the top has not only hollowed out the nation’s economic core—it has also destabilized its political foundations. In this powerful lecture, Richard Wolff traces the unraveling of the American dream, linking today’s inequality and disillusionment to the rise of authoritarian impulses and historical precedents in Weimar Germany. He explains how declining global influence, failed wars, and inflation have deepened domestic anxiety, setting the stage for reactionary politics. Wolff argues that what is happening in the United States is not merely a cyclical downturn but a structural crisis of capitalism itself. Using China’s hybrid model as a contrast, he explains how different societies have tried to manage capitalist contradictions through varying levels of state control. Yet, he insists that even the most successful capitalist systems—whether in Scandinavia, China, or the U.S.—still preserve the exploitative employer-employee relationship that Marx warned about. The true next step, Wolff suggests, is democratizing the workplace. Just as monarchy gave way to political democracy, he calls for economic democracy to finally challenge the taboo of workplace hierarchy. Turn on notifications to stay updated! 🔔🔔🔔 Here, we transform original content from interviews, lectures, podcasts, and keynotes featuring Richard Wolff to provide viewers with a more immersive and engaging experience. Our goal is to educate and inform as many people as possible about Richard Wolff’s unique economic insights and critiques of global capitalism. We also strive to make Richard Wolff’s ideas more accessible to individuals with hearing impairments by providing professional transcriptions for the majority of our videos. By enhancing the original content with cinematic editing, improved clarity, and added context, we aim to amplify Richard Wolff’s message and help more viewers understand the economic and social issues he addresses. Fair Use Disclaimer: 1. The videos have no negative impact on the original works. 2. The videos we create are for educational and commentary purposes. 3. The videos are transformative in nature. 4. We primarily use audio components and only minimal video footage when necessary. Copyright Disclaimer: Under Section 107 of the Copyright Act of 1976, allowance is made for “Fair Use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. Fair use is permitted by copyright statutes that might otherwise be infringing. All rights remain with the original copyright holders. Disclaimer: • Content Context: This video contains discussions of theoretical perspectives and unverified information sourced from public discourse and various news outlets. It is presented solely for educational and informational purposes and should not be regarded as conclusive fact. • Intention of Content: We do not intend to defame, slander, or discredit any individuals or organizations mentioned. The content is designed to foster thoughtful discussion and critical thinking. • Non-Endorsement of Violence: We do not condone or encourage any form of violence described in the content. References to such actions are provided only for historical or analytical context. Our channel is not affiliated with Richard Wolff or any of his organizations and is purely made for entertainment and educational purposes. The content we share is based on facts, public commentary, and interpretations and should not be taken as financial or medical advice.