that's because he knows he is right, just like Lenin, and Trotsky

Funny how people who nothing about economics automatically associate Marx with Lenin and Trotsky. Can I say psy-op, or discrediting by association?

Probably because he is the trying to educate you, he is trying to convert you.

@gage stdon I wish I was high so I could enjoy this video more than I do now. I'm just poor and can't afford much😔. However that (braindead) guy is just an ignorant daft fool

Homemadebeats Richard is right, Lenin and Trotsky had a very bad way of going about things ‘even’ if they were right

And three years after Covid hit, it's more timely than it ever was.

What is your line of work?

@@notabene7381 HARHARHARHARHAR

I was writing a thought that came to me while I was high watching this but now that I'm getting sober I see how it doesn't make sense because the capitalists can compensate for an inexistent Left just by fabricating a replacement, hell the environmental initiatives and charities etc are run by the rich so of course it would never work. But anyway, maybe there's something of value in what I was writing in this last half hour, so hope you don't mind that I post it as a reply to you instead of in the main thread. So here it is: I think there's an important overlooked sort of subconscious frame that affects virtually everyone (that isn't rich) - even though we're unaware, and I include myself here and everyone that I know - which is that we "the people" continue going about our consumerist little lives rather than rebel against the system because we know that there's a Left. And that this Left, these opposition parties, are buffering capitalism as much as possible - to the extent that greed can be buffered - and therefore keeping the "balance"... We all know what would happen if everyone was as politically informed as Prof Wolff: we would actually gather together democratically to arrive at the big decisions that concern everyone. So it makes sense that the resistance has been trying to educate everyone as much as possible, although we know... we know we can't reach most of those brainwashed people, too busy making TikTok videos. Too busy trying to be the next steroid-filled Hollywood star or the next Jeff Bezos. So we talk about reaching "critical mass" because enough people must be educated and quite frankly PISSED! about what's going on, yet we struggle everyday to try to undo the damages of capitalism. The Left gives the example by opposing the austerities and injustices that capitalism brings about, but in so doing it provides a counter-balancing force for it to lean on. These two action plans - educating as much as we can & opposing as much as we can - raise a question in my mind. Question: what if enough people are educated and thus we no longer need to oppose (because, as we've seen, opposing comes at the cost of counter-balancing)? Crazy notion right? but what if, after a certain threshold of education, any more opposition is actually a *hindrance* to the development of the better economic system? Now imagine what would happen if we stepped out. What if the Left - all the Lefts, all the non-profits, all the environmental organisations, ALL of the anti-capitalists - decided "It's time. We're enough already. Technology is at a point today that we can all communicate and get organised, and we've had it with serving as a buffer that helps keep the public's trust in the system." And so all the anti-capitalists and everyone that sees that capitalism might not be the best we can do would unite under the premise of "a chance to sit down and actually DISCUSS our economic system, as equals". And step number 1 of this plan is, drop out of the political establishment, stop saving the whales, stop fundraising for Africa. Seriously, stop it all. Come together and do it. Do it loudly, make sure the world gets the message that until we don't sit down with the big shots to discuss our collective way forward, none of that is coming back. Make it a national holiday. October 15, the day mankind lost all hope. A grand strike, directed not at bosses, but at the babies that suck on the pacifier called The Left. Us. Yes, YOU and ME and probably almost all the people you know, all of us that hold the cognitive dissonance of both caring for the planet and leading a life of pollution and of directly sponsoring environmental destruction just by living. All of us that wake up every morning torn between the urge to try to save this society and the urge to make the most of it #bestlifeever as if we're playing generational russian roulette before the collapse of our culture, postponing the responsibility of making things right ALL the way to... the next generation.

The best way to deprive everyone of ownership is to make everyone feel Ike they own everything.

You can see the fruits of what you’re asking now. Lots of idiots doing their “revolution” without any idea of what are they really asking or fighting. Only causing havoc and disruption, but, achieving nothing, except destroying the very freedom that allows them to revolt.

I'm happy my husband has helped me have a moment in my life so I can study this. I owe allot to him and Richard D Wolf for this pursuit of knowledge.

There's one by Rick Roderick titled "Hegel and Modern Life". Was recorded in 1993. Relevant now more than ever.

"pretty much everything about this is perfection" EXCEPT Mr. Wolff is holding back valuable information that can improve your financial future...… .. Instead leading you on a pleasant diversion. the S&P 500 has gone up 2-1/2 times since 2012 Wolff in an economist he knows better. His niche is selling Marxist BS to people who Don't know better.

Jesus Christ, you’re a blithering idiot if yo I think this shit is ground breaking. It’s the same ol socialist trope. Co-ops ARE NOT SOCIALISM, Socialism doesn’t work as a system. Period. No where has it worked, and before anyone gives me the “no true Scotsman” line of NOT REAL SOCIALISM. It most certainly is real socialism. Problem is, the shit doesn’t work

holophrasm that’s because you’re what Karl would call a “useful idiot”

Hopefully he will be remembered when we have moved to a new better system. If we dont get to barbarism.

@@otakusensei3549 we're headed back to feudalism. It's not going to be pretty.

The fact you people find this discourse convincing is both hilarious and tragic. FREEDOM's the word! Absolutely nothing in a capitalist system impedes the creation of a worker's enterprise, but no one is interested! Fundamentally, communism is about resentment and envy; not fairness.

This guy is a joke, not a “thinker” he’s just rambling the same thing others have rambled over and over with the same results. The very definition of insanity.

You are enjoying the highest standard of living in history. Let that sink in.

@@PathfinderHistoryTravel People who lived under feudalism were also enjoying the highest standard of living in their history as well, yet we found a way to improve on it. Improvement does not signify finality or the best possible option. You point *only* sinks because it can't hold water. Capitalism brought about great things like rapid industrialization and an efficient model to measure the worth of labor, for example. However, to imply that we should ignore and not address glaring, ruinous flaws like an infinite growth model for a finite system, class subjugation, or wage theft being integral to capitalism is shortsighted. Much like with feudalism, if we can improve, we should. Good to see someone who disagrees out here trying to engage with new ideas. Hope that gives you a stronger perspective to engage with them!

@@WiggidyWack Thanks for the thoughtful reply. Wolff suggests everything would be better if all businesses were co-ops. How does he expect that to happen? Does he also want a centrally planned economy like a command economy? Does he want to eliminate private property? What would he do to people who oppose his ideas? These are the questions for Marxists. But they don’t talk about them. Because historically their ides only can be implemented by force and violence. Wolff spends most of his time stirring dissatisfaction and envy. He’s working towards the overthrow of capitalism. If it happens it will be a tragedy of epic proportions. Please read Thomas Sowell’s book Basic Economics. And let me know what you think.

@@PathfinderHistoryTravel No problem on being thoughtful. Socialism requires organization from an understanding of mutual interest. You're venturing into both unfamiliar and what must feel like oppositional territory, so there's going to be tension but also opportunity to reveal that mutual interest. You're more than worthy of thoughtfulness. I can't honestly elaborate on what Wolff's personal beliefs on the methodology of how to best implement socialist/communist structure both economically and socially. There's a wide variety of theory on how best to achieve it, and plenty of disagreement and debate among socialist circles as well. This lecture is more of a basic and simplified means to lay out key critiques of capitalism and list basic examples through historically observed working solutions to replace it. Co-ops exist today, even in the US, so he uses this as an example of a working solution. Maybe see if you could email him and ask about different communist histories and theories on solving issues like property, opposition, or different approaches to economic structures from a Marxist perspective. He might get back to you, never know. Just be thoughtful and genuine like you are now. It also must be stated that Wolff accurately points out throughout history people have fought over the implementation of markets, regardless of the market structure in question. However, that does not mean that these conflicts in ideology always come about through force and violence. There are plenty of examples in history of peaceful revolutions (such as the Carnation Revolution) in which the implementation of these ideas, as well as the fall of the previous status quo, came about through an incredibly peaceful transition of power. Marxists do actually address these matters in an underlying principle: Conditions determine both outcome and solution. As for violent conflict and the use of force itself, all ideologies have a theory of violence. This includes capitalism, which has committed countless historical examples of brutal subjugation, some of which occurred within your lifetime. I think what you should really be asking is why it's okay in your mind if Capitalists utilize force and violence for their ideals, but it's not okay when theoretically Marxists could do the same. Sowell's overall concept of economics was influenced heavily through Milton Friedman, whos economic and social theories I reject outright as a socialist. Are there specific points in the book you find fascinating and want to share to hear a Marxist perspective on? Be more than happy to give you that kind of hands on demo if it would help you understand this side of thinking better. Answered the best I could. Hope it helps.

@@WiggidyWack In the United States our constitution is set up so changes in direction big or small are conducted by our elected officials. They can be replaced pretty quickly if most voters don’t like what’s happening. Violence has no place in our politics and should be denounced. Violence in this case is only a tool used by those who want to impose their will on the majority. I don’t often use the term capitalism. I’m merely stating the fact that a decentralized market/price driven economy utilizes limited resources and promotes innovation and productivity better than any way of organizing economic activity humans have ever come up with. It is the reason the human race is thriving with 7 billion people with enough food and shelter to survive. Life expectancy, infant mortality, education, civil rights, standard of living and any other metric you can think of has never been better. The ideas Adam Smith, Hayek, Friedman and Sowell spell out in their writings are the reason why. Not the purveyor of dissatisfaction and envy Marx. There is no reason for a revolution violent or otherwise. We also must align expectations with reality. Marxism doesn’t align with reality because it diminishes the motivation to innovate and produce by taking away the economic incentive. Equality of outcomes is impossible because people are diverse in abilities, interests and energies. There will always be the poor but thankfully market economies and world trade have lifted billions out of poverty in our lifetime. The poor in America live better that the rich 100 years ago. Centrally planned economies (command economies) and eliminating private property have been tried and don’t work. This is fact based on historical evidence. So we need to elect people who protect private property, enforce contracts and limit the size and influence of government. Corporations don’t create gulags, governments do. The reason Wolff and other communists are at a disadvantage is because they are factually wrong. Every company can organize as a co-op but you can’t force them to. Please stop promoting bad ideas. Thanks.

May we all be blessed one day

prof wolff is 100x more qualified than Janet Yellen. his talent would b wasted if he is not in the next Admin

vielbosheit , are you still working yours ass off like poor accountant, or you finally open up your own firm ??

Quit the whole disgusting field

+vielbosheit amen brothet

Nice to know you quit! That's the beauty of capitalism, it gives people freedom to pursue the trade they want!

Agustin Barajas cant tll if serious

same, the way he varies the speed and tone of his voice as he speaks is perfect. He's a good teacher

It would be if not for capitalism interference

Capitalists will do their best to prevent this knowledge from reaching the working class.

This course should be mandatory drama 🎭

If you want to believe in fairytale, lol. He must be shocked that people believe this bullshit. The debates he has with intelligent people he always ends up looking so stupid, Yaron Brook or Gene Epstein are 2 staight off the bat. He really should not do them and only preach to the sheep who can't think for themselves

@Kurt Wilkinson I didn’t knew that you are an expert of people’s intelligences? Btw, are you familiar with using modalities to make inductive arguments look like deductive arguments to fool people into believing that what is being said is a good argument. I’m sure you didn’t. Lastly, Yaron Brook is not an economist by education but an entrepreneur. Nice try!

Right... on your computer... well fed... in a nice environment with nice clothes.... allllll brought to you by capitalism.

@@mutualistaid4332 You have no idea what you are talking about. Did you sat in a line for 3 hours to get 750 gr of bread for a family of 3 under a marxist regime? Because I did.

G Katzirz That's not a redpill, that's opium for the masses. Wolff is an idiot. He have no clue what even marxism is.

G Katzirz It creates Class Warfare by design.

@@andreikovaci1202 What is Marxism, in your view, then? Also, I'm an anarchist, not an a tankie/authCom.

+Ovidiu C i wish this guy was around to help fertilize my garden last spring

bademoxy well, you were there, you could've just rolled on the ground a bit.

+bademoxy Please just listen, your flowers and vegetables will grow and you will become educated.

marx called for violent revolution and destruction of societies for the creation of his utopia society where the state is all powerful and there is no private property nor individual rights-only collective rights- like in an insect colony.

@ bademoxy Communism is stateless you fucking idiot. Obviously you haven't read.

The best way to deprive everyone of ownership is to make everyone feel Ike they own everything.

MckennaCountrCulture It really was. I'm use to Prof Wolff chatting about co-ops so his take on our past was enlightening.

+MckennaCountrCulture A good teacher can take any subject and break it down into understandable segments. A poor teacher apologizes for the complexity of their subject. I appreciate Professor Wolff beyond words.

+Josef Princiotta He has a nice style of presentation but he distorts the facts.

Ferdinand Holcapek well then go get some good info from the New York Post or Fox.

"Real world" situations? The man has spent his entire life in academia. He has zero experience in the world that 99% of this country lives in.

Now they seem to believe that the Mental Health System is the cure all!

Marxists, "Socialists", Communists etc are part of the crooked billionaire elite. They direct the blame and attention to wrong directions and deceive the people to fight for their own enslavement. "The attack is aimed, of course, against "capitalism", which means the present government of the world by the gentile. The true capitalists of the world are Jews, who are capitalists for capital's sake. It is hard to believe that they wish to destroy capital; they wish to obtain sole control of it, and their wish has long been in fair way to fulfillment" -Henry Ford

@@HeroesofNovember just because theyre are elites in all ends of the spectrum is doesn't mean that everything about those doctrines is wrong. Just like capitalism isn't perfect either. I mean having all the wealth hoarded away while the middle class pays more in taxes while we wait fo trickle dowm economics can hardly be considered perfect. I'm not Marxist/communist/socialist I'm just saying some of this does make sense.

@@ajcastellon5903 Don't entertain the fellow. He's just pushing the Jewish Conspiracy. The "Heroes of November 1923" is a reference to the Nazis. He's a neo-nazi.

@@HeroesofNovember Dude, are you seriously using Nazi arguments in 2020? You're brainwashed by Nazi propaganda if you think that socialists and communists are a secret Jewish cabal. Grow up and read a book you troglodyte.

Jamar Walker capitalism is feudalism. Belief that capitalism is a decent system for a civilized society is nothing short of ignorant religious zeal.

Jamar Walker let me know when you make your million dumbass.

Jamar Walker, the argument is - Capitalism is a deceptive, clever system that rips off those who work into being reduced to wage slaves themselves while the owners of capital get richer and richer and thereby 'employ' more and more workers and servants (which is almost the same as the master owning more and more slaves). All this is very clear to anyone who goes into the substance of what economics is about. I can't find any credible argument against what I have stated above.

Yes, there is exploitation in capitalism. But with free market, you have freedoms, you have rights, you have choice. The question is not would you like to be exploited or not exploited? The question is would you rather be exploited through the price mechanism or would you rather be exploited through coercion? You know what the alternatives to capitalism are? War. Plague. Collapse. Revolution. So if you are too ignorant to have figured it out, let me tell you, capitalism is better than all of those alternatives. So of course you want to live in a society where wealth always flows from the bottom to the top, because a society where wealth flows from the top to the bottom is one where you are starving to death.

@@goodman528 Are you sure those things that you listed: War, plague, collapse, revolution are the alternatives to capitalism? Let me tell you some examples: War has been made in the Middle East for over a decade, and who is involving it? America, the biggest capitalist in the world. Who supports the Arab Spring, the event that made Syria, Libya, Egypt people to go wild in revolution and collapse? CIA, the agency of America. I don't know about the plague, but I know one thing that cocain - the thing that is worse than some kind of plague - is made by capitalists, who seek profit. Overall, I think what you listed is not the alternatives of capitalism, pfff. They are children of capitalism. Oh, one more thing. Ask yourself: do we have a way to not be exploited? Why a free man has to suffer from exploitation from capitalism? Is that freedom?

I added economics as one of my college majors and finding his channel is a blessing. Same as yourself, now I can plot all together and makes more sense.

It takes a lot of time and patience to learn all of this! Im learning new things every day.

Isn't he awesome? 😁

I feel the same!

Get out of America

@@masonblase ???

The best way to deprive everyone of ownership is to make everyone feel Ike they own everything.

CosmicFork and he is full of shit

+tbwil11 is full of shit

Dock Vernct if you are stupid enough to get "ripped off in your job" then you are getting what the market will bring with your intelligence level. The majority of folks understand that to get more for your time, you have to be diligent in expanding your skilset, and theres nothing wrong with that. Those who lament that it isnt handed to them are full of shit, Skippy. Socialism has failed in a big way every time it has been attempted because socialism is inevitably force and control, and this guy is a damned snake oil salesman who probably couldnt make a career in the private sector...Ward Churchill without the stupid ponytail.

***** So do you think the golden rule is full of shit too? Who is in charge of your emotions here - you or Prof Wolff?

Kevin Cody I'm not really sure of your argument in this reply, The Golden Rule is something someone applies to their personal individual actions and interactions and it a term reserved for personal morality. I believe I covered your query in the other conversation above this one that you engaged me on and it was a bit lengthy, so I will decline to expound in this post.

The White Pariah I'm sorry to say that , but Wolff is a qualified idiot. He don't even know ( more like he lie about it) what marxism really is.

@Tyreal567 U mean marxism:)? A radical revolutionary socialist movement/ideology.That's the historically correct (and HONEST!!) definition of it. To me it is the same as nazism. Scientific socialism, my ass! Wolf's barking about the "achievements" of the USSR , places him in the category of the Holocaust denials.So....a nazi. Also his mindset and way of talk ( oh GOD!!) is waay to familiar to me.As to a Holocaust survival the barking of a nazi.

Is he the first professor you've listened to?

Capitalism and Communism are two sides of the same shekel. The International Jewish banking else and Wall Street funded the Bolshevik revolution. Almost all Communist and Bolshevik leaders were Jewish. They encourage to lower-class gentiles to fight against the higher class gentiles so that the Jewry could take all the power to themselves. The Communists have done nothing to stop usury or the criminal finance elite.

lol he is what jordan maxwell is for religious symbolism for marxism and economics.

The best way to deprive everyone of ownership is to make everyone feel Ike they own everything.

God help us that isn't true.

Trevor Sanso Lol. Try the biggest liar I ever seen.

Huey Longs actually. The Delanos made their wealth from the opium trade out of china.

what's cognito disshonesty? I'm so ignorant i need your help

It's not that capitalism is perfect it's that communism is deadly (reference china Russia) even better move to N Korea where the paradise has arrived.

Well, it shows our corporate masters have done a good job of dumbing us down and not teaching us to think for ourselves or understand our own history. Not incurable but takes a bit more work than we're used to. It's amazing that we're so easily brainwashed by the system....but it's their intention so not completely unexpected.

It's not just the US. I don't think you understand the extent of surplus value You pay the bosses through surplus value more than you pay yourself, and not only that, unless it's a new company that hasn't broke even on the initial investment, the workers already payed for the materials that go into production, and the workers already paid for putting money back into the company, and the workers already paid for the tools, the equipment, the gas, etc. All these businesses and the entire capitalist class is paid for by the surplus value taken from the workers labor. CAPITALISM IS INHERENTLY A THIEVERY SYSTEM!

@@Appleriver3 for one thing, "The smartphone-toting proletarian", hahahaha. The smartphone that would never exist under communism. If it did exist, it would be the size of a loaf of bread. Sorry, it's just funny to see people still fantasize about this absurd scenario.

@@mutualistaid4332 Do you have any crack left over for me?

@@dr.nigsopmcchortlefag9544 Lol.

@@Appleriver3 Stop spreading outright lies. Look up how the first cellphone was created who did it. You are a disgrace to the Left.

@@andreikovaci1202 , citation number 1. englishrussia.com/2006/09/18/first-russian-mobile-phone/

+Kyle Williams yes, amazingly funny!

+bademoxy Funny how regular working people continue to take the lubeless ass fucking from the ruling class.

William Broderick Elaborate please

+William Broderick Being perceptive to the reality of my surroundings can be tough at times.

+William Broderick Dunno about stupid but, but coming to "Intro to Marxism" video and asking what he means by "working people continue to take the lubeless ass fucking from the ruling class" is some serious lack of basic information on the subject.

Yes it is helpful.

Huzzah!✊ Huzzah!✊ Huzzah!✊

Rouzbeh Modarresi well marx was a professional philosopher and an accomplished writer. intellectually, his approach to analyzing the structure of production was revolutionary. he was the first to truly understand what the underlying forces behind capitalism's methods of production are, or at very least the first to point it out.

+Fightneit 90, Capitalism did not teach you that new sentences begin with an upper-case letter? Or did capitalism teach you to be lazy? Either way, I see the "efficiency" of capitalism.

SASHO.BG vlogs good comment. thanks for your contributions.

***** i "believe in capitalism" because im pragmatic. capitalism has proven to be both resilient and able to be reformed. it's collapsed multiple times, been challenged by half the world, and still survived. i dont believe it's going anywhere, even if id like it to. it's simply too entrenched now to be challenged seriously. that said, i believe the pragmatic way forward is to reform it from within, taking the profit generating effects that capitalism has and neutering it's harmful effects. it's been shown to be possible, it just takes a while. in short, i believe in capitalism because i believe the people operating with the system have the power and the will to defang it.

***** im not Utopian, and believe radical social change is as dangerous as the system of capitalism. i recognize the risks inherent to our current system, and sympathize with your arguments, but the world we live in must be looked at rationally, and with an historical context. the most important lesson of the cold war was that the elites running western capitalism are literally ready to annihilate the world with nuclear arms rather than concede their power. in a power struggle, the most committed win. they are more committed than we are. that's a fact that must be accepted. stability isnt something im that worried about. instability has negatives and benefits. capitalism is extremely resilient. as of yet, noone has found a way to adequately challenge it's power structure. it isnt for the lack of trying. no system on earth, ever has been rebelled against more than capitalism. yet it survives. it's a system deeply entrenched in social consciousness. in my opinion, too deeply to confront without making things much worse. you can kill it with a thousand cuts, but confronting it head on is suicide. it has the capacity to save us from it's destructive nature. the state capitalist system we have in the US is rapidly providing the very technology needed to overt climate disaster. all systems have needed defanging. people are savage, especially when given power. that's not indicative of capitalism, it's a truism. lastly, the left has largely failed to provide a real alternative to capitalism, or at very least build a significant movement to implement any radical change. changing public opinion must come before any radical change can be made. that opinion swing isnt really happening. what the left has been able to do is gradually reform the system from within. that's a lesson we should be aware of.

sorry mate but I am in manufacturing and we produce for aviation industries... this does not happen at all, you just worked for someone awful... the opposite is true, these days the engineer is responsible for making a bulletproof process so you can hire someone as clueless as possible and pay less... if the process cannot be simplified that much then they are going to get a specialist and pay him a lot of money, more than managers some times... in that case he gets paid a lot so he has the responsibility... still they do not point fingers at him... because someone with such high skill can walk out the door at any point if people behave bad at him... so no, nothing of what you said is true...

Jordan Peterson should understand psychology because he doesn't know anything related to Marxism.....

The best way to deprive everyone of ownership is to make everyone feel Ike they own everything.

Capitalism is just monarchy itself...once a gang of people took the power and capitalism is exactly that ...communism was the same a religion gion ruled by a gang of thieves and criminals also coming from a monarch society...the same thieves and burglars together with their favourite prostitutes

@@MartysFadingHand you dont own everything, you own an equal land and resources stake in the state for each newly born person. Production is to be purchased as much qty you need, you don't own it

I suggest the channel Dissident Theory, all his videos so far are on Marx's Capital. I think he may be a Libertarian Communist (aka Anarchist).

What would happend if Communist China, enter into economic disaster, which is the current G-d of Communism ? Some are saying Islamic Economic is better , any comparison ?