The Terminal Crises of Global Capitalism
Economic Update with Richard D. Wolff
00:00
The Invasion of Ukraine
There are people who believe that we're at a kind of nodal point. The British Empire is in its final stages of disintegration and apparently taking England with it. And we're looking at what may well be a Chinese Empire coming to the fore. But even if China rises as the new global hedgeomon, this system is in a terminal crisis. Our grandkids won't survive if they make it to the 22nd century if we haven't overthrown it. You know, you have been very generous with your time and your speed in these topics. I'm particularly interested on this interaction between globalization of capitalism on one hand and these empires that can't be what they were in the past
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