Richard D. Wolff

Prof Wolff joins The Socialist Program to discuss potential new U.S. legislation that could ban TikTok, fueled by anti-China sentiment and a new wave of McCarthyism. He contends that various elements contribute to this movement, including politicians seeking publicity and businesses desiring a competitive edge. Wolff notes that similar restrictions could hurt American businesses abroad and emphasizes China's steady economic rise, suggesting the U.S. is in decline. He also highlights the shortsightedness of the U.S. in failing to invest in education and infrastructure, necessary for sustaining technological growth. Finally, Wolff predicts that the accumulation of political and economic missteps may eventually lead to a significant shift in American politics and public awareness.

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