Richard Wolff: Real wages in China quadrupled while real wages in the US stagnated

Follow us on X/Twitter: Watch the full video here: The Community Church of Boston: A Peace and Justice Congregation Since 1920: “We are living through a fast-changing world economy. The dominance of the US since 1945 is now ending and being replaced by a Chinese-led multi-polar world. This in turn changes the nature of capitalism and the prospects for socialism. This talk explores the links among all these developments.“ Richard Wolff is a Professor Emeritus of Economics, University of Massachusetts, Amherst. He is currently a Visiting Professor at the New School University in New York. He is also a co-founder of and its weekly radio and TV show “Economic Update.“ See also and .