#WolffBites: If AI models are our technical future, China has the best and cheapest, not the US. Like electric vehicles, solar panels, batteries, etc.
Профиль
Professor Richard D. Wolff
Профиль VivelyProfessor of Economics Emeritus University of Massachusetts Founder/Director Democracy At Work #WeCanDoBetterThanCapitalism Follow: https://bsky.app/profile/democracyatwork.bsky.social website: www.RDWolff.com website: www.DemocracyAtWork.info
#WolffBites: In capitalist healthcare systems, profits drive firms' ads about drugs, devices, procedures. The public learns to suspect the validity of those ads. Crooks then exploit those suspicions. www.cnn.com/2026/08/02/p...
#WolffBites: Biden used 2022 Chips Act to give US corporations $ millions in grants. Trump gives much more but not grants. Rather investments. When you cant beat China, join em. finance.yahoo.com/markets/arti...
#WolffBites: A.I.'s biggest negative may not be job loss. New research shows A.I.'s bigger impact is to lower wages for already lower paid US workers. How capitalism uses technology. www.axios.com/2026/07/30/g...
#WolffBites: If you can't beat them, join them. Euro car-makers partner with Chinese. US will too. Chinese win the competition. www.independent.co.uk/cars/electri...
#WolffBites: US and EU leaders fight unwinnable, costly wars (Iran, Ukraine), avoid diplomacy to protect tough-guy reputations. thepeacemonger.substack.com/p/western-di...
#WolffBites: President "Forever Wars" just opened another trade war with Canada. Because, he tells us, all his other wars (Iran, Ukraine, Gaza - with Israel) are "huge successes." www.usatoday.com/videos/news/...
#WolffBites: The "Scapegoat-ing President," Trump blames immigrants, Iranians, Democrats, Chinese, Venezuelans, Cubans, and now again Canadians. www.independent.co.uk/news/world/a...
#WolffBites: New, better data on US economy: (1) 53% own their homes (not old 65% data), and (2) for under 35, only 22% own their homes (not old 37% data). Housing crisis deepens. www.axios.com/2026/07/21/h...
Hello friends, please find my latest article "What is to be Done, 2026?" on @democracyatwork.bsky.social democracyatwork.substack.com/p/what-is-to...
#WolffBites: US banking oligarchs profited off of the shift of US manufacturing to China over the last generation. Now they complain that "we" cannot manufacture enough weapons for all the wars we need. Bizarre! www.nakedcapitalism.com/2026/07/amer...
#WolffBites: Careful, Mr. Trump, before you charge Canada for polluting US air. Remember: US is one of our planet's worst polluters. Charging for pollution will cost US dearly. www.reuters.com/business/ene...
Hello friends I would like to invite you to read my latest article on @jacobinmagazin.bsky.social jacobin.com/2026/07/amer...
#WolffBites: Starmer gone as UK leader. He badly damaged his "labor" party, grossly subsidized Zelensky, and wrecked Corbyn's alternative leadership with phony accusations of anti-semitism. No loss. www.bbc.com/news/article...