Is Trump Killing American Capitalism? The 2026 Economic Breakdown
Richard Wolff and Michael Hudson on Dialogue Works
On Dialogue Works, Richard Wolff and Michael Hudson discuss the economic consequences of a weakening US dollar. Cheaper exports come with higher import costs and complications for foreign investment. Tariffs and nationalist trade policies fail to revive manufacturing, while factory jobs continue to decline. Populist politics undermine business confidence and contribute to economic instability. Foreign firms hesitate to invest amid policy uncertainty and political volatility. Immigrants remain essential to the expanding healthcare sector, yet fear of deportation threatens a workforce the system increasingly depends on.
American capitalism died 100 years ago when it transformed into transnational. Trump can't make deals without blackmail or coercion. 🤣
"Fascism is always the bastard child of a bankrupt liberalism."
- Chris Hedges
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Simply speaking, Fascism is a radical form of Capitalism, its self-defense mechanism. The ugly face it shows in times of inevitable crisis, while maintaining the veneer of "democracy" in between.
youtube.com/watch?v=HpqwDo_2xck