Join Richard Wolff on The Socialist Program as they explore the...

Join Richard Wolff on The Socialist Program as they explore the impact of billionaires like Elon Musk endorsing and financially supporting political campaigns, such as Trump's, with a focus on the changing economic landscape and the tensions between old and new capitalists. They discuss the historical pattern of capitalism that shifts based on profitability, causing conflicts within capitalist groups who seek different government interventions in their favor. The conversation delves into how current political tendencies, like proposing extreme tariffs against China, signify a declining American empire unwilling to adapt to a changing global dynamic. Wolff argues that the U.S. lacks genuine representation for the working class, with both Democrats and Republicans maintaining a system that benefits the wealthy elite at the expense of the majority. The interview concludes by emphasizing the urgent need for the U.S. to acknowledge its declining status and to cooperatively engage with emerging global powers for a sustainable future.https://www.rdwolff.com/trump_and_the_billionaires

yes I've seen his vids before. but I try to avoid socialist as well as conservative views, but all are necessary to find the position of the mean point of view.

I rather like the method used by the RBA to define the trimmed mean - exclude top and bottom values and go to the average of the 60% remaining.