This video by Richard Wolff can be considered a follow-on to the longer Wolff video posted earlier to this community. This defines in general terms what an economic class is. It explains the housing and credit bubbles that burst starting in 2007. An it ends with a suggestion that the term class will be brought back into social discourse when we speak about our current social and economic problems. This has in some areas already happened, and helps explain what is meant by the term class warfare, which is a term coined by the rich and their media puppets to try to paint themselves (the capitalist rich) as good guys, and those fighting to change our current capitalist system, which is failing the working class miserably, as bad guys who are attacking the good guys. Dont let their characterizations fool you - the capitalists are the class who have taken full advantage of the system to the extreme, and the whole capitalist system must undergo drastic changes to be a system everyone can live with in relative comfort and security. Dont let the rich define our struggle for better economic and social conditions as actions of bad actors. Our Class warfare, or class struggle to throw off the chains of a failing and oppressive capitalist system, is the beginning of a nationwide movement to change the nations economic and social systems to benefit all Americans in a fair manner, and not just the rich. https://youtube/watch?v=euH3pAuLuko
Posted on: Wed, 24 Dec 2014 00:50:04 +0000
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