Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Thursday, 11 September 2025
Global Capitalism: Evidence and Symptoms: U.S. Capitalism’s Decline Accelerates
Sep 11, 2025 | Trump endlessly boasts about “the great economy” he has delivered. At the same time, increasing masses of Americans experience sharply deteriorating economic conditions. In response to numerous requests, Professor Wolff systematically presents the evidence and symptoms of the accelerating decline of capitalism in the U.S.
