Prof. Wolff, I kindly urge you to reach out to Sam Harris to appear on his podcast. As much as I, generally, enjoy his ideas and outlook, I believe he's sorely lacking in the ways of economics, broadly, and socialist economics, more specifically. I've also asked him to reach out to you, but he's so inundated with communications that I thought this conversation more likely to happen if I requested it with both participants. Thanks, Nick
Dear Professor Wolff, I have enjoyed your radio broadcasts immensely, especially the ones concerning worker co-ops and, as an adjunct professor myself, the perils facing our system of higher education. Combining these two issues, I wonder if any significant work has been done on the possibility of applying the democratic, cooperative model of industry to the enterprise of college and university education. Would a college that is run entirely by educators who are not managed and ultimately exploited by overpaid administrators, shareholders, trustees, etc. be viable? Thanks, Justin Harmon
I would like to hear you talk about the military industrial complex and the place of the weapons' industry and war making in the present US economy. It seems to me that instead of producing useful things they have moved to weaons and war making and it is very profitable and this drives the wars in the middle east and the world now.
Dear Professor Wolff, I enjoy your lectures immensely, and applaud your efforts on behalf of the working people. Recalling the 1983 film Trading Places, I ask whether it is possible to beat the speculators at their own game. Also, could a debtors' strike substantially diminish hedge fund value? It seems debt is the most heavily-traded commodity in our economy and I wonder how much longer mathematical trickery can continue to keep this bubble from bursting.
I would lie Prof Wolff to discuss the following in one of his Friday WBAI broadcast French humanist Nobel prize winner Maurice Allais. Globalization, unemployment and the imperatives of humanism, http://www.momagri.org/UK/editorials/Globalization-unemployment-and-the-imperatives-of-humanism_51.html French humanist Nobel prize winner Maurice Allais.
It is said that Trump voters are richer on the whole than Clinton voters, yet Trump voters are said to be stressed out members of the working class. How does this compute? Are most Democratic voters on or below the poverty line?
What forces a country like Canada or US to raise interest rates and put a stop to the insanity of debt fueled inflation?
It seems to me that they are trying to get rid of black money of which there are piles and piles with people who dont declare taxes. India is a highly cash based economy and this withdrawal of currency is not only a huge wealth transfer but might also put the economy in a deflationary shock. It definitely kicks the real estate sector into a bad spot. What is your opinion on this event. To me it seems like a rather extreme reaction by the government. http://www.thehindu.com/news/national/rs-500-rs-1000-currency-notes-to-be-out-of-circulation-from-midnight/article9320594.ece
Why are population and energy/resources never mentioned ? 1) The population in productive societies went from 1 billion in 1980 to 7 billions. It takes time to adapt and grow the economies. 2) GDP growth requires energy and resources. Increasing oil production 7x is impossible. The result of this is the rebalancing of wealth (collapsing middle class in developed countries) as we cannot grow developing countries fast enough. I don't see what socialism and worker coops will change. The global average GDP per capita is lower than a Foxconn worker in China (among the best paid workers in China).
Dr. Wolff, I find your program incredibly interesting. It has shed a lot of light during such a difficult period. A lot of people are currently reacting to the election, believing certain social issues are to blame: racism, sexism, xenophobia, etc. People want change, which is understandable. But they are blinded to the truth that the system itself needs to be addressed. I believe the average person will lack the attention span to even follow the information you present to us. I am part of the small college educated millennial population that can watch a 90 minute video. I see the implications of the information presented. But for your message to affect the masses, I believe your message needs to be condensed. Unfortunately, I am unsure how to go about this, but perhaps I can provide some insights into it. For example, the way Reagan presented trickle-down economics convinced the American people this was the way to go. Trump has made it clear that catch phrases and good marketing will win. Therefore, we need to do the same. What are your current efforts to make this happen? Thank you again for your program and the work that you do. It is up to us now.
Just wondering if Mr. Wolff has a position/opinion on sub-prime auto loans and also the recent trend: securitization of single family rental homes (SFR's) by companies like Blackstone? What's the probability that these type of securities could be mismanaged similar to what occurred with the sub-prime mortgages crisis? Does this likely culminate in another impending crisis? Thanks for your consideration....
Greetings Dr. Wolff, I appreciate your show as it is very informative. I think that a discussion with the leaders of the Cooperation Jackson movement is in order considering the fact that they are organizing a comprehensive cooperative movement in the difficult climate of Jackson, MS. http://www.cooperationjackson.org/ Keep up the good work!
In the 1930s in bleak economic times, the people of U.S. got a New Deal because labor was able to press on the political and industrial classes. Well the system is falling apart again, and you've suggested that the next step is the organized movement of the people to face the government and make change happen for our workplaces, our welfare, and everything else. My question is, this time, in this century, can enough pressure be exerted within this one nation? Do the people of the U.S. have the requisite leverage against corporate regimes or does globalization simply divide and conquer economies without organization and solidarity on a GLOBAL scale? In other, less bumbling words, how can we follow the blueprint of the New Deal while taking into account such a different global economic system?