New Global Currency Born As Dollar Dies, Capitalism ‘Abandons’ Declining U.S. Empire

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Richard D. Wolff, author, economics professor, and Founder of Democracy At Work, discusses the decline of the American Empire, the gradual process of de-dollarization around the world, and the faults of capitalism in our society.

*This video was recorded on May 31, 2023

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0:00 - Intro
2:20 - Is U.S. becoming more Marxist?
8:22 - Marxism and dictatorship
18:20 - De-dollarization
35:10 - Why is American Empire declining?
40:30 - Migration
22:10 - AI and UBI
48:45 - Entrepreneurship and capitalism
53:30 - "Democracy At Work"

#economics #capitalism #communism