On WTFinance, Richard Wolff examines the structural decline of the American economy, focusing on the erosion of the middle class and the deepening of wealth inequality. He outlines how policy decisions—like tax breaks for the wealthy and protectionist tariffs—have accelerated economic polarization and weakened long-term stability. The conversation situates these issues within a broader global context, noting how the rise of China and shifting international power dynamics are challenging U.S. dominance. With social unrest looming as a consequence of economic frustration, Wolff stresses the urgency of confronting the systemic flaws of capitalism to respond effectively to growing instability.
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