The idea of workers self directed enterprises is that the workers displace and replace the capitalists with themselves. This has to be the next step in the process of transformation.
Professor Richard Wolff speaks at the Rosa Luxemberg Foundation in Berlin on November 5th 2011.
Professor Wolff and guest, Matt Renner of Truthout.org and Occupier, discuss the past week of events at Liberty Park, "business drag" as a strategy of protesters, co-operation with the Labor Unions, the repeated destruction of the People's Library, and the impact of this revolution.
The 99 percent offered criticism of the 1 percent. They exposed and made clear what most Americans know. They struggled peacefully to inform and mobilize public opinion. They won huge numbers of hearts and minds. The 1 percent in the US did what their counterparts in Tunisia, Egypt, Bahrain, and so on did earlier this year. First, they tried to deny the 99 percent the media access needed to reach the people. That failed. Then, they tried scattered police intimidation and pressure to stop the criticism. That failed.
Updates focused on the Harvard students walkout of their economics class, the labor union victories in Ohio elections and building bridges to the Occupy Wall Street movements, and the deepening Greek and Italian economic crises. Featured interview with Christina Towne - Part 2 - discussing her activities in and her thoughts about the future of Occupy Wall Street: a real insider's perspective.
Richard Wolff joins host Mitch Jeserich on Letters and Politics for a primer on the Italian and Green Economic Crisis, as well as discuss the students of California beginning Occupations on campuses across the state.
Over the last 10 days, Harvard students twice stopped business as usual at this richest of all US private universities. An Occupy Harvard encampment of tents followed a large march of many hundreds through the campus protesting Harvard's complicity in the nation's extreme inequality of income and wealth. A week earlier some 70 students walked out in protest of Harvard's large lecture course in introductory economics. They too explained that they were acting in solidarity with Occupy Wall Street (OWS) movements.
In this fifth year of economic crisis, as the 99% bear its mounting costs, a new movement is rising to confront and change the system in crisis. What strategy should we pursue, what choices must we make to realize the historic potential of our movement?
Richard Wolff speaks by the central fountain in Washington Square Park.
The political movements of the left that I have participated in over many decades were almost always focused on or prioritized particular issues (wars, civil liberties, civil rights, poverty, collective bargaining, etc.) and/or particular subsections of the population (African-Americans, women, gay people, immigrants, etc.). The authorities almost always took advantage of that focus to separate and isolate the movement from society generally. They were often successful.
These Tuesday evenings will each begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We will focus on the evolving global capitalist economic crisis and its consequences. We will examine topics such as
Broadcast Date: 30 Oct. 2011 Watch on YouTube
Thousands of Americans have been occupying Wall Street for weeks. Is this the start of the American revolution?
They say they are defending the 99 percent of Americans against the wealthiest 1 percent who control 50 percent of America's wealth.
Since the 2008 financial crisis, which was caused by the financial sector, the US economy has been in and out of recession. Thousands of people have lost their jobs, real wages are declining and benefits have been cut.