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Jun 5, 2026 59 min

Capitalist Decline in Historical Perspective

from Global Capitalism Hosted by Democracy At Work

In this every-other-month presentation, Professor Wolff presents insights and analysis on the decline of the capitalist system as evident in four key periods of U.S. history. From The Legacy of World War 2 from 1945-1974, to the petrodollar boom from 1974 to 2026, the rise of the global south since 1945, and China's relentless rise from 1945 to the present, Professor Wolff shows how these examples are evidence enough that it is time to do better than capitalism. The lecture ends with an overview of the possibilities for a future in which socialism is a viable replacement for the declining capitalism plaguing the world today. Presented by Democracy at Work and the Left Forum Special messages to our audience: Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube. Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com. Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork ) Your support helps to produce and distribute these talks. Thank you. Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk

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Capitalist Decline in Historical Perspective

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How long is this episode of Global Capitalism?

This episode is 59 minutes long.

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This episode was published on June 5, 2026.

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