
American Capitalism Has Always Relied on Government - Economic Update with Richard Wolff
Published at : December 27, 2022
Prof Wolff describes the early development of U.S. capitalism and how dependent capitalists were on the British then American government.
"Capitalism was born, and like most newborns, it was weak and wobbly. And it needs a lot of help, and a lot of that help was provided as always by the government: the British government when we were a colony, the American government when we were independent. And first and foremost, it was the government that snatched the land away from those other people who organized themselves in a pre-capitalist, non-capitalist way." - Richard Wolff
This is a clip from S10 E46 of Economic Update: What "Capitalism's Decline" Means
Watch the full episode on our YouTube channel at https://youtu.be/pS-eCnCneyA
You can also listen to this show on our website or as a podcast on your favorite podcast player.
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Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff!
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“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
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"Capitalism was born, and like most newborns, it was weak and wobbly. And it needs a lot of help, and a lot of that help was provided as always by the government: the British government when we were a colony, the American government when we were independent. And first and foremost, it was the government that snatched the land away from those other people who organized themselves in a pre-capitalist, non-capitalist way." - Richard Wolff
This is a clip from S10 E46 of Economic Update: What "Capitalism's Decline" Means
Watch the full episode on our YouTube channel at https://youtu.be/pS-eCnCneyA
You can also listen to this show on our website or as a podcast on your favorite podcast player.
______________________________________________________________________________________
We make it a point to provide the show free of ads. Please consider supporting our work.
Become a d@w Patron: https://www.patreon.com/democracyatwork
Become a monthly donor via our website: https://www.democracyatwork.info/donate
_______________________________________________________________________________________
Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff!
https://www.democracyatwork.info/books
“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
http://www.lulu.com/spotlight/democracyatwork
_________________________________________________________________________________________
Want to help us translate and transcribe our videos?
Learn about joining our translation team: http://bit.ly/2J2uIHH
Jump right in: http://bit.ly/2J3bEZR
Follow us ONLINE:
Patreon: https://www.patreon.com/democracyatwork
Websites: https://www.democracyatwork.info/economicupdate
https://www.rdwolff.com
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Facebook: https://www.facebook.com/RichardDWolff
https://www.facebook.com/DemocracyatWrk
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Subscribe to our podcast: https://economicupdate.libsyn.com
Shop our Store: https://bit.ly/2JkxIfy

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