{"id":6347,"date":"2020-04-18T03:29:04","date_gmt":"2020-04-18T01:29:04","guid":{"rendered":"https:\/\/www.actvism.org\/?p=6347"},"modified":"2020-11-11T21:21:10","modified_gmt":"2020-11-11T20:21:10","slug":"coronavirus-end-capitalism","status":"publish","type":"post","link":"https:\/\/www.actvism.org\/en\/politics\/coronavirus-end-capitalism\/","title":{"rendered":"Richard D. Wolff &#8211; Is the Coronavirus the end of Capitalism &#038; the Revival of Socialism?"},"content":{"rendered":"<div class=\"container\">\n<div class=\"row justify-content-md-center\">\n<div class=\"col-md-8 pb-3\">\n<p><strong>Richard D. Wolff &#8211; Is the Coronavirus the end of Capitalism &amp; the Revival of Socialism?<\/strong><\/p>\n<hr \/>\n<p>In this interview we have an in depth discussion with Marxist economist, author and co-founder of Democracy at Work Richard D. Wolff about the U.S. healthcare approach to the coronavirus and its economic implications. Furthermore we examine the U.S medical industrial complex, globalisation and the role\u00a0financialization has played on healthcare. We also talk about whether government intervention can lead to distortions in the economy and even authoritarianism. Additionally, we discuss whether the concept of democracy at work can function during imminent crises such as the recent pandemic. Lastly, Wolff provides his opinion on Bernie Sanders endorsing Joe Biden and voting for the lesser of two evils.<\/p>\n<hr \/>\n<h2>VIDEO: Is the Coronavirus the end of Capitalism &amp; the Revival of Socialism?<\/h2>\n<p><iframe loading=\"lazy\" title=\"Richard D. Wolff - Is the Coronavirus the end of Capitalism &amp; the Revival of Socialism?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/eVr9hH6aBg0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<hr \/>\n<p>To watch more of our videos on this topic or with other experts such as Edward Snowden, Noam Chomsky, Abby Martin, Yanis Varoufakis, Glenn Greenwald, Jeremy Scahill, Jill Stein, Daniel Ellsberg, etc, please visit and subscribe to our YouTube channel by\u00a0<a href=\"https:\/\/www.youtube.com\/user\/acTVismMunich?sub_confirmation=1\" target=\"_blank\" rel=\"noopener noreferrer\">clicking here.<\/a><\/p>\n<hr \/>\n<h2>Donate today to support independent &amp; non-profit media!<\/h2>\n<p><a href=\"https:\/\/www.actvism.org\/en\/donate\/\" target=\"_blank\" rel=\"noopener noreferrer\">Click here<\/a>\u00a0or on the picture below:<\/p>\n<hr \/>\n<p><a href=\"https:\/\/www.actvism.org\/en\/donate\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-4434 size-full\" src=\"https:\/\/www.actvism.org\/wp-content\/uploads\/2018\/06\/28_acTVism_Webseite_Donation-Image_EN_700x233px_Future.jpg\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"https:\/\/www.actvism.org\/wp-content\/uploads\/2018\/06\/28_acTVism_Webseite_Donation-Image_EN_700x233px_Future.jpg 700w, https:\/\/www.actvism.org\/wp-content\/uploads\/2018\/06\/28_acTVism_Webseite_Donation-Image_EN_700x233px_Future-300x100.jpg 300w\" width=\"700\" height=\"233\" \/><\/a><\/p>\n<hr \/>\n<div><\/div>\n<div>\n<hr \/>\n<\/div>\n<h2>ABOUT RICHARD WOLFF<\/h2>\n<figure id=\"attachment_2392\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.actvism.org\/wp-content\/uploads\/2016\/10\/wolff1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2392 size-thumbnail\" src=\"https:\/\/www.actvism.org\/wp-content\/uploads\/2016\/10\/wolff1-150x150.jpg\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" srcset=\"https:\/\/www.actvism.org\/wp-content\/uploads\/2016\/10\/wolff1-150x150.jpg 150w, https:\/\/www.actvism.org\/wp-content\/uploads\/2016\/10\/wolff1.jpg 249w\" alt=\"Richard D. Wolff\" width=\"150\" height=\"150\" \/><\/a><\/figure>\n<p><strong>Richard D. Wolff<\/strong>\u00a0is Professor of Economics Emeritus, University of Massachusetts, Amherst. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, and the University of Paris I (Sorbonne).<\/p>\n<p>He is a co-founder and contributor of Democracy at Work, a non-profit organization that promotes democratic workplaces as a key part of a transition to a better economic system. Wolff has published many books and articles, both scholarly and popular. Most recently, in 2012, he published the books Democracy at Work: A Cure for Capitalism (Haymarket Books) and Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick (Cambridge, MA, and London: MIT University Press). The New York Times Magazine has named him \u201cAmerica\u2019s most prominent Marxist economist.<\/p>\n<hr \/>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this interview we have an in depth discussion with Marxist economist, author and co-founder of Democracy at Work Richard D. Wolff about the U.S. healthcare approach to the coronavirus and its economic implications. <\/p>\n","protected":false},"author":1,"featured_media":6349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1,14],"tags":[],"channel":[20952],"class_list":["post-6347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-politics","channel-the-source"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"en","enabled_languages":["de","en"],"languages":{"de":{"title":true,"content":true,"excerpt":true},"en":{"title":true,"content":true,"excerpt":true}}},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Richard D. 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