
Karl Marx By Pryere - Flickr
I know a number of Firedoggers have been taking Richard Wolff’s online course on Marxist Economics that Southern Dragon has been directing here. Though you would not know this from the MSM (no surprises here) but he has become a bit of a celebrity. And in some rather unusual circles as well. According to this piece from the Guardian.
For Wolff is in very high demand these days. Barely 24 hours goes by without Wolff being interviewed on one or more radio stations in America. He even has his own radio show that broadcasts once a week. He has appeared on TV, including on the conservative Glenn Beck show on Fox. He spends many days on the road visiting universities across the US, giving speeches to students and academics alike in lecture halls that are uniformly packed. This year alone he will have three books published. And through all that prodigious output his message is the same: American capitalism is on the way out.
That is not a message that has historically gone down well in America, where cultural hostility to Marxism, socialism and communism has been the norm. But, Wolff says, the great recession has changed all that. Now his phone never stops ringing, and his schedule has him crisscrossing the country from California to Texas to Maine. He even gets speech invitations from Tea Party groups.
Tea Party Groups ?? Well yes and this has a lot to do with the style and message he is giving. Not one of some wild eyed fanatic preaching “All power to the people.” or “Up against the all”. But one of a practical down to earth examination of what is going on and mixed with the humor of Richard Pryor.
But Wolff, who speaks with a strong New York accent, also serves up his radicalism with humour. “I am an economist. I do apologise,” he said, opening his speech in a packed lecture hall at Columbia College to bursts of laughter.
That was a typical Wolff line. He went on to describe the inherent instabilities of capitalist business cycles with a parallel to a crazy roommate. “If you lived with with a person as unstable as this economic system, you would have moved out a long time ago,” he quipped.
Wolff’s inspiration for his speaking style is the famed comedian Richard Pryor. Wolff was a huge fan, and he studied Pryor’s delivery and technique and how he addressed taboos around race, sex and swearing. Wolff decided he would do the same but by tackling what he says is the true American taboo: the country’s political and economic system.
“What I do is half economics, half performance art. … I say the political sex words, the dirty political words, and they like it. They like a little radicalism. They have been waiting. They want this,” he said.
Wolff’s critique is simple: American capitalism is dying in the face of stagnant wages, fewer jobs, greater debt and larger numbers of Americans being forced to work ever longer hours for ever less money.
And his message is clear. American capitalism is dying and will be replaced by something more equitable.
His answer is simple, too. It’s not revolution. It’s instead a taking over of workplaces – thus controlling the means of production – by workers, who would then organise and have a direct say in running their own companies. Such worker-run businesses, he argues, would eliminate the stock market and boards of directors. On the other hand, they would be unlikely to send themselves to China to reduce labour costs, or pay top executives millions of dollars in bonuses or pollute the environments around their own workplace.
“Have I given you some reason to think that this is a better way to organise a society?” he asked one Chicago audience by way of conclusion. “Come on. You know I have,” he said.
Change that is lasting does not come with a great deal of fanfare or ruckus or at the point of a gun. It comes rather quietly and without much notice.
Seventeen
The very highest if barely known.
Then comes that which people know and love.
Then that which is feared,
Then that which is despised.
Who does not trust enough will not be trusted.
When actions are performed
Without unnecessary speech,
People say, “We did it!” – Tao Te Ching



45 Comments

Cool, C. I loved:
“On the other hand, they would be unlikely to send themselves to China to reduce labour costs…”
You might like this David Korten video.
In this exposure of Wolff he makes the point that without a reorganization of production, we’re doomed to the ‘wash,rinse,repeat’ cycle of capitalism.
And his point about regulations being nothing more than targets for special interests to take aim at is MOST interesting.
Thanks, C! Rick Wolff is a treasure.
Thanks for this Wendy. I especially like what he says about globalization exploiting Africa and other areas. My first thought was how the British insisted on exporting food from Ireland during the potato famine.
You are welcome. The one big concern I have with both what Wolff and Korten suggest is making sure that Washington does not pass any laws making localization illegal to protect Wall Street. A very real possibility.
Thank you, cmaukonen. I heart Richard Wolff.
((cmauk)). Great diary! You are damn right, the MSM is doing its best to disappear Richard Wolff, his message, and the fact that he is in great demand as a speaker.
Recommended, and looking forward to SD’s future classes.
Maybe, Wolf needs to have a talk with his Communist pals in China about how Marxism worked out there. For one thing Wolf knows we don’t have a Capitalist system here either. We have a CRONY Capitalist system and a political plutocracy.
The reason that he can speak widely is because he doesn’t talk about communism, socialism, or even Marxism. He talks about Marx’s book Capital. He talks about capitalism.
That happened a lot between the Civil War and the Palmer Raids. But now the Soviet Union has been gone for almost a generation.
Marxism in China? Where?
Excellent post, cmaukonen. I came across the Guardian piece earlier when I was making up tomorrow’s Diner. Nice vid with the piece, too.
Good question.
x2
Neither Russia (Soviet Union) nor China ever had a communist or socialist system.
Neither does Cuba.
Because apparently a people can’t jump from feudalism to whatever is after capitalism without industry that predisposes the society to capitalism.
Heard Wolff a while back in a setting with just about a dozen folks. Mentioned your efforts in the morning. He was quite surprised and amused.
What surprises me (and maybe it shouldn’t) is I am hearing and reading the kind of thing that Wolff and Korten are talking about from suite and ties that would fit better in a 3 martini lunch.
Lots of middle class folks — who wear a suit and tie — and still have jobs realize that they could be next.
I’ve been exchanging emails with his asst.
Great. Had a long correspondence with Jen myself.
FDR put his reforms through to save American capitalism from itself.
Obama’s lack of any reforms will likely ensure it’s demise.
Ironic…is it not.
It may be very interesting if Hollande wins in France.
IMHO, the danger is that an Obama win will usher in a long period of stagnation with rising corporate profits and rising inequality — a period of gridlock with declining public investments and further fraying in the social safety net. For capitalism to do itself in may take a while. Our generation’s once-in-a-lifetime opportunity to overthrow the system has passed.
But YMMV.
buzz, what was our chance to do that, do you think? Overthrow the system, I mean?
You maybe right. But then how long did it take for the French to get upset enough get rid of their monarchy.
Sometimes I think humanities problem is not a lack of patience but to much.
‘That’s all I can stans, I can’t stans no more !” – Popeye
Well, overthrow the system was a little too strong. But breaking up or nationalizing the TBTF banks, reinstating Glass-Steagall, implementing a federal jobs program, suspending foreclosures and writing down all mortgages would have at least stopped the stealing. We had the worst of the fuckers right where we wanted them. It would have been a start.
And single payer, of course — or a strong public option.
Yeah. Sigh.
But I don’t think that it would have been possible, given our f’ed up congress. Unless public outrage had coalesced around a truly transformational leader who could have used that mandate to force change.
I started reading Marx Capital, but got convinced was reading basically intermediate-level material before I had read the introductory material. Picked up a couple books that the group that meets locally suggested that seemed to get good reviews.
http://www.amazon.com/The-Case-Socialism-Updated-Edition/dp/1608460738/ref=sr_1_1?s=books&ie=UTF8&qid=1334901726&sr=1-1
http://www.amazon.com/The-Meaning-Marxism-Paul-DAmato/dp/1931859299/ref=sr_1_1?ie=UTF8&qid=1334902093&sr=8-1
There’s some new terminology and some terms that get used a little differently that it helps to highlight for better understanding later.
I think it’s pretty apparent to all concerned humanity is way way too tolerant of leaders who treat us badly.
The problem with any socialist or communist govt so far has been their reluctance, for whatever reason, to follow what Marx lays out in Capital, putting industrial production into the hands of the workers. Lenin didn’t do it, Mao didn’t do it, Uncle Ho didn’t do it nor did Castro. What they had was state capitalism. Lenin said as much in 1920 or so. Go to David Harvey‘s site and take his Reading Capital, Vol 1 online course. It’s not about socialism or communism, it’s about capitalism.
The problem with both the capitalist and socialist governments (with one exception… Venezuela under Chavez) they are not democracy. Citizens hold no power in a republic.
I was referring to the Maoist era pre-Deng China (AKA today’s China.)
Extremely late to your post, C. Sorry, I’ve had some very busy days. We were all ready to start the next set of classes when we discovered that the good Professor’s site has problems.
Could he be a target for censorship? Yeah, I know you all will say, there you go again, Peasant. Always with the conspiracy talk. I’d like to remind people of the Duck, Duck, Goose game.
If it quacks and waddles, then it most likely is.
Never attribute to malice that which can be explained by stupidity.
We often think in terms of whether Joe Average is doing OK or he isn’t. Are there jobs? Are workers being paid fairly? Is the social safety net intact? Is the middle class growing?
We conflate these symptoms with the underlying root cause of the disease.
Wolff gets right to the heart of the matter with a question like: “would workers export their own jobs to China if they were in control of their places of employment?”
The root cause is not “are workers better off or worse off”. The root cause is “are workers empowered to determine their own destinies?”
Corporatism, capitalism or any other label you prefer places profits before people, shareholders and management over workers, and money over all.
We can spend our lives bemoaning the injustices and the suffering we see but, until workers control the means of production, we ain’t going nowhere. For this to happen, we need to radically redefine the corporate entity.
We cannot leave in place a system that literally mandates a corporate obligation to shareholders at the expense of workers. A new corporate charter must be developed that strips stockholders of their voting rights and gives workers full control, with public oversight, of their corporations.
To do otherwise, for example to focus on “handouts” like minimum wage laws instead of truly empowering workers to control their own destinies, is to remain imprisoned by a system that will never allow a middle class to prosper.
Ahhhh…..BINGO !
Having said this, allow me to emphasize the need for public oversight of worker-controlled corporations.
Consider the endless stream of undemocratic abuses currently plaguing us. We have a massive military-industrial complex. We have corporatized mass media. We have greed driven bankers. We have oil companies that won’t recognize climate change because doing so would hurt their bottom lines. At the root of all this perversity is greed.
Would it be any less so if workers controlled their places of employment? Would worker-run corporations put the interests of society ahead of their own interests?
Building institutions that would better distribute the proceeds of productivity is a necessary first step if we aspire to the ideals of equal voice for all citizens. Excessively concentrated wealth is not compatible with democracy or with fundamental, humane justice. Still, greed is greed and even worker-run entities are likely to seek selfish interests over the common wealth.
True vision, then, must see beyond the necessary first step of worker empowerment to ensure that all citizens and all entities are designed and regulated for the benefit of all. Worker empowerment is a means to an end, not an end in itself.
All this of course would require that people change their world view and attitudes.
To quote an online friend: “ahhhh… Bingo!”
Check out my exchange with our good friend wendydavis here and here.
Ultimately, following the maxim of “be the change you want to see”, I don’t believe enough of us are “being” yet to effect radical change. We have been poisoned by a poisoned culture. Overcoming the invasive conditioning we’ve all been subjected to is no easy business. Even as a few of us express ideas like these, the conditioning continues with almost no rebuttal. Hopeful though we are, those of us who purport to teach have not yet broken through.
If I’m understanding wendy’s view correctly, she sees in Occupy and other efforts a significant spiritual awakening. I think Occupy has all kinds of potential but I think its seeds have barely sprouted. I’m very hopeful that the world can awaken before it’s too late; to say that it’s well underway, however, at least from what I can see out of my little window, seems like a dream desperately searching for facts or faith to sustain itself.
We need to keep hope alive but we should never shield our eyes from the truth.
Worse. At the root of all this perversity is lesser-evil righteousness. The collective is not denied it’s condemnation of greed but it os denied it’s condemnation of necessity, the kind you can’t refuse.
The bounty will be hoarded and who are you to take more than I? With piracy in its heart, Capitalism flaunts itself as a necessary and sufficient evil. It is neither.
Really, comrade? Care to recapitulate?
Heh. I originally had the phrase “all institutions and all entities” and meant to modify it to “all systems and all entities”. All I can say is sometimes the fingers have a mind of their own.
Good catch! Thanks…
Comrade Maukonen, Comrade McGoohan salute you!