Understanding Capitalism with RICHARD D. WOLFF - Co-founder of Democracy at Work

Understanding Capitalism with RICHARD D. WOLFF - Co-founder of Democracy at Work

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w/ Economist RICHARD D. WOLFF
Co-founder of Democracy at Work
Author · Host of Economic Update

The position of the United States in the world, economically and politically, is the weakest it has been in my lifetime. I was born in the middle of the 20th century, so I have watched the rise of the American empire and the success of American capitalism in the second half of the 20th century. However, over the last 20 years, I have watched that turn into its opposite—a decline. The decline is visible everywhere. Unless you live in the United States and consume mainstream media, there is a level of denial that will be recorded historically as one of the great examples, not just of a declining empire, which typically has people who cannot face it and who refuse to see it. You can go to Great Britain today and find quite a few people who think we still have the British Empire, even though everyone who isn't crazy knows that is silly. But we are earlier in the decline phase than the British are; they have had to endure it for a century while we have just had to do it for a couple of decades. It is fresh.

DUANE L. CADY - Philosopher, Author of Moral Vision: How Everyday Life Shapes Ethical Thinking & From Warism to Pacifism

DUANE L. CADY - Philosopher, Author of Moral Vision: How Everyday Life Shapes Ethical Thinking & From Warism to Pacifism

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Author of Moral Vision: How Everyday Life Shapes Ethical Thinking · From Warism to Pacifism
Philosopher · Outstanding Educator of the Year · United Methodist Foundation for Higher Education

Warism, taking war for granted as morally acceptable, even morally required, is the primary obstacle to peace. The task for us is to understand how we can get moral visions and then consider the ethics of negotiating between and among them, including collisions between moral visions. So my interest is in the extent to which various forms of reason take part in these different projects. I argue that contemporary technical philosophers tend to avoid this kind of problem. They tend to think of reason as much more narrow, whereas I want to include things like ordinary experience, the arts, theater, and reading a book. All those things can have an effect.