Richard Wolff On Why Manufacturing Jobs Aren't Coming Back

We can mitigate the negative effects of it, but we can't stop it.

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An excerpt from the "Economic Update", a weekly program hosted by Richard Wolff. Learn more: https://www.youtube.com/user/democracyatwrk

Full episode: https://www.youtube.com/watch?v=NRa8ruB5mMk

Links:

1) https://fred.stlouisfed.org/graph/?graph_id=347814&rn=3405#0

2) The long, rough ride ahead for 'Made in America'
http://www.reuters.com/article/us-usa-manufacturing-suppliers-idUSKBN17J0SY

Richard David Wolff is an American Marxian economist, well known for his work on Marxian economics, economic methodology, and class analysis. He is Professor of Economics Emeritus, University of Massachusetts, Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, University of Utah, University of Paris I (Sorbonne), and The Brecht Forum in New York City.

In 1988 he co-founded the journal Rethinking Marxism. In 2010, Wolff published Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It, also released as a DVD. He released three new books in 2012: Occupy the Economy: Challenging Capitalism, with David Barsamian (San Francisco: City Lights Books), Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick (Cambridge, MA, and London: MIT University Press), and Democracy at Work (Chicago: Haymarket Books).

I'm sorry for being a bit late today.

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