Richard Wolff: There is NO Way Back! How America MISSED Its LAST Chance To Maintain Global Supremacy

The interview with economist Richard Wolff paints a bleak picture of America’s economic and geopolitical position, suggesting that the country’s reign as the dominant global superpower is coming to an end. According to Wolff, the combination of rising inequality, political instability, the ascent of China and other powers, and a failure to adapt to the changing world order have put America in an “uncharted“ and “very difficult“ situation that may already be too late to remedy. Despite occasional acknowledgments of these challenges, Wolff argues that there is a widespread “denial“ and unwillingness among American leaders and the public to fully confront the country’s diminished stature on the world stage. --- Richard David Wolff is an American Marxian economist known for his work on economic methodology and class analysis. He is a professor emeritus of economics at the University of Massachusetts Amherst and a visiting professor in the graduate program in interna