Prof. Wolff on Tavis Smiley

Prof. Wolff joins Tavis Smiley on KBLA to lay out the 200-plus-year history of capitalism and explain how we got to this point.

Listen to the interview with Tavis Smiley.

 

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  • Nikola Miljevski
    commented 2021-08-08 22:53:46 -0400
    I found misusing a word in my previous comment. Since I can’t find a way to edit the comment, here is my clarification.

    It should be “strive to take or capture the government from current rulers” instead of “strive to overtake the government”. I am sorry for that. English is not my native language.
  • Nikola Miljevski
    followed this page 2021-08-08 22:48:42 -0400
  • Nikola Miljevski
    commented 2021-08-08 19:42:16 -0400
    As professor Wolff explains, the textbook rule above all other rules for employers is that they should strive for as large profit as possible. He brilliantly explains the most important consequences of this textbook rule for all of us.

    There is, I believe, a similar textbook rule for politicians. The textbook rule above all other rules for them is, I guess, that they should strive to overtake the government and after that to strive to stay in the government as long as possible.

    If so, it would be very important for all of us the consequences of this rule to be understood and to find possible connection between the two rules. I guess that they historically appeared roughly in the same time.

    If there is strong connection between them, my guess is that it would be impossible, not just in practice, but maybe even in theory, to change the one rule without changing the other.
  • Richard Wolff
    published this page in Updates 2021-08-05 17:33:31 -0400

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