Professor Richard Wolff discusses the decline of the American empire, highlighting how the elite have redistributed wealth from the middle and lower classes to the top 10% over the past 40 years. He details methods like tax code revisions, offshoring jobs, automation, and exploiting cheap labor, alongside the impacts of inflation and rising interest rates. #AmericanEmpire #WealthInequality #EconomicDecline #RichardWolff #GlobalCapitalism
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