"This Is WAY Worse Than I Thought…" | Richard Wolff

#finance #financement

America's greatest economic reversal hasn't been a crisis—it’s been a deliberate rollback. In this powerful lecture, Richard Wolff dissects the 75-year campaign to dismantle the New Deal reforms that once defined U.S. economic progress. Under pressure from organized labor and leftist movements, Roosevelt's policies forced the business elite to fund social programs that benefited the working class. But as Wolff details, those same elites quickly mobilized to take it all back.

From the gutting of Social Security and the stagnation of the federal minimum wage to the quiet war on public employment and state intervention, this video lays bare how both political parties have silently agreed to protect capitalism’s hierarchy while distracting voters with superficial reforms. Wolff argues that the division between reform and revolution—cemented after the Great Depression—has paralyzed political imagination. The result is a system in crisis, unable to offer even the modest protections it once did, and increasingly vulnerable to extreme, performative solutions.