‘Relentless Worsening Of Inequality’; End Of Capitalism Warns Economist | Richard Wolff
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Richard Wolff, Co-Founder of Democracy At Work, argues that America faces growing inequality and economic problems made worse by unpredictable trade policies and dangerous government interference in private companies and the Federal Reserve.Watch David's last interview with Richard: https://www.youtube.com/watch?v=_lv6LmHD0QQ*This video was recorded on August 28, 2025.Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW RICHARD D. WOLFF:Richard Wolff website: https://www.rdwolff.comaTwitter (@profwolff): https://twitter.com/profwolffDemocracy At Work: https://www.youtube.com/@democracyatwrkFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.1:47 - State of US income inequality10:44 - GDP growth vs. labor market disconnect13:22 - Job security outlook for middle class20:33 - Tariff policy and Smoot-Hawley comparison26:35 - Trump’s removal of Fed Governor Lisa Cook34:12 - Fed Reserve independence38:51 - Government stake in private enterprise45:29 - Comparison to China’s state capitalism49:07 - Trick-up vs. trickle-down economics#trump #economy #geopolitics
United States
