Economic Update: Noam Chomsky on Fragile US Empire
155,374
Published 2022-08-08
In this week’s show, Prof. Wolff gives updates on US freight workers strike preparations; progressives and labor targeting municipal government; Chipotle store-closing to stop unionizing, and Occupy Wall Street's "Debt Collective" $5.8 billion student loan forgiveness win. In the second half of the show, Prof. Wolff interviews Noam Chomsky on the decline and fragility of the US empire, the role of US military, and the rise of fascism as a coping mechanism.
**Economic Update with Richard D. Wolff is a @democracyatwrk production. We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: www.patreon.com/economicupdate and help us spread Prof. Wolff's message to a larger audience. Every donation counts!
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About our Guest: Noam Chomsky was born on December 7, 1928 in Philadelphia, Pennsylvania. His undergraduate and graduate degrees are from the University of Pennsylvania. He joined the staff of the Massachusetts Institute in 1955, retiring as Institute Professor after 60 years, and taking a position as Laureate Professor at the University of Arizona. He is a member of many professional societies in the US and abroad and has received many awards and honorary degrees. He has written and lectured widely on linguistics, philosophy, intellectual history, contemporary issues, international affairs and U.S. foreign policy, and has been engaged with many activist movements in the US and abroad.
Latest book out August 30: The Withdrawal Iraq, Libya, Afghanistan, and the Fragility of U.S. Power published by New Press
Website: chomsky.info
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NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: www.lulu.com/
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly www.lulu.com/spotlight/democra...
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SOURCES FOR SHOW SEGMENTS:
1. Freight rail workers: www.nbcnews.com/business/rail-strike-why-freight-w…
2. Municipal government: capitalandmain.com/in-the-face-of-federal-inaction…
3. Chipotle: finance.yahoo.com/lifestyle/chipotle-closes-store-…
- www.foodandwine.com/news/chipotle-child-labor-sett…
All Comments (21)
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60% spike in deaths in workplace should be grounds for jail time for the CEO, I'm at loss for words. This is basically manslaughter if not 2nd degree murder...
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When I recommend this program, I always say, “Come for the Marxist analysis, stay to hear Wolff pronounce ‘chipotle.’”
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Both of these men are living icons. Major respect.
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The U.S. has invaded or bombed dozens of countries and supported nearly every single right-wing dictatorship in the world since the end of World War II. It has overthrown or attempted to overthrow dozens of foreign governments since 1949 and has actively sought to crush nearly every single people’s liberation movement over that same period. It has also meddled in scores of elections, in countries that are allies and adversaries alike.
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If you are going to strike, just strike until you run the company. The company will play rough... as they are in the habit of doing in US history. But if you hang in and win, you change the rules for the entire workforce. Not just train people. This is precisely how the USA got a forty hour work week by statute.
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So we're going to spend $700b to solve the inflation problem....? You have to respect the audacity to name a bill with $700 Billion of new spending the "inflation reduction act"
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"America's ultimate problem is its neoliberal post-industrial economy", Michael Hudson. He explains how, under this economy, American labor cannot compete even if they worked for free because of our current 'rentier' economic structure.
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Does ANYONE ever Ask Norm Chomsky how HE IS DOING??? I GREATLY APPRECIATE HIM AS MILLIONS OTHERS DO AS WELL.💯
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Appreciate both Prof Wolff and Chomsky an incredible amount, I hold both in the highest esteem and aim to emulate both in their consideration, dignity and honesty. Thank you sooo much Prof Wolff. With Love and respect from Australia.
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lmao the way he read "chipodul"
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I'm a simple man. I see Noam Chomsky, I hit the like button. Also, lol at Wolff's pronunciation of Chipotle
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Noam Chomsky. I studied Mathematics of Language by Noam Chomsky. My Professor was a Fan of Noam Chomsky. Late 70s. I never forgot Noam Chomsky and his mathematics. And now I meet Noam Chomsky Again. Thank you dr Wolff. Did not know he still is active. Good Work.
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Great to see a conversation with Noam Chomsky. I wish it were much longer. 👏
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Wow! That's a worthwhile 30 minutes. So much stuff that makes sense of what we see and what we don't see... Thank you.
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Please have him back to explain in more detail. Great show.
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Noam Chomsky speaks the Truth again 👍 at 21:45
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Thanks Richard
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I can't believe these two haven't had a closer history working together. Both are great together.
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Noam Chomsky is one of the very few great men of both the 20th and 21st centuries. Thanks for presenting him.
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I love Wolff's idea of using eminent domain to create worker coops. Probably won't happen in the current system but it's a great idea.
