Richard Wolff: Western Capitalism Is Killing Itself

Video Description

Capitalism, by design, concentrates power and wealth in the hands of a small minority—about 3% of the population—leaving the remaining 97% to serve a system that does not serve them. In this urgent and unsparing lecture, Richard Wolff unpacks how profit-maximization isn’t a side effect of capitalism—it is its core logic. And that logic, he argues, is fundamentally exploitative. Workers produce the goods, but capitalists extract the surplus. The result? A system that breeds inequality, social unrest, and political manipulation. Drawing from the insights of Karl Marx, Wolff explores how capitalism’s internal contradictions—its need for perpetual growth, technological upheaval, and global dominance—lead it toward its own destabilization. From colonialism to corporate control of elections, he traces how capital seeks not just profit, but protection: against the democratic majority it fears. Wolff also highlights the systematic erasure of Marxist thought from elite institutions, based on personal experience in America’s top universities, and challenges students and citizens alike to reclaim critical inquiry. Turn on notifications to stay updated! 🔔🔔🔔 Here, we transform original content from interviews, lectures, podcasts, and keynotes featuring Richard Wolff to provide viewers with a more immersive and engaging experience. Our goal is to educate and inform as many people as possible about Richard Wolff’s unique economic insights and critiques of global capitalism. We also strive to make Richard Wolff’s ideas more accessible to individuals with hearing impairments by providing professional transcriptions for the majority of our videos. By enhancing the original content with cinematic editing, improved clarity, and added context, we aim to amplify Richard Wolff’s message and help more viewers understand the economic and social issues he addresses. Fair Use Disclaimer: 1. The videos have no negative impact on the original works. 2. The videos we create are for educational and commentary purposes. 3. The videos are transformative in nature. 4. We primarily use audio components and only minimal video footage when necessary. Copyright Disclaimer: Under Section 107 of the Copyright Act of 1976, allowance is made for “Fair Use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. Fair use is permitted by copyright statutes that might otherwise be infringing. All rights remain with the original copyright holders. Disclaimer: • Content Context: This video contains discussions of theoretical perspectives and unverified information sourced from public discourse and various news outlets. It is presented solely for educational and informational purposes and should not be regarded as conclusive fact. • Intention of Content: We do not intend to defame, slander, or discredit any individuals or organizations mentioned. The content is designed to foster thoughtful discussion and critical thinking. • Non-Endorsement of Violence: We do not condone or encourage any form of violence described in the content. References to such actions are provided only for historical or analytical context. Our channel is not affiliated with Richard Wolff or any of his organizations and is purely made for entertainment and educational purposes. The content we share is based on facts, public commentary, and interpretations and should not be taken as financial or medical advice.