Richard Wolff: The Decline of the U.S. Empire Is Accelerating Fast

Glenn Diesen This video features a discussion between Professor Richard Wolff and Professor Glenn Diesen regarding the accelerating decline of the U.S. Key Discussion Points: Unintended Consequences of Sanctions: The speakers use the metaphor of a dike in the Netherlands to explain how patching one economic hole (such as attempting to manage oil prices through sanctions) leads to ruptures elsewhere in a deeply interconnected global economy ( - ). Shift from Neoliberalism to Economic Nationalism: A major theme is the transition within the U.S. from traditional neoliberal policies to a harsher form of economic nationalism , where the government increasingly intervenes directly in markets and corporations ( - ).