Wolff Responds: Supply Chain Disruptions...a BS Excuse

In this Wolff Responds, Prof. Wolff challenges the widely used explanation for inflation: supply chain disruptions. Supply chain disruptions happen all the time and businesses deal with them on a daily basis, with specific purchasing teams whose role is entirely based on expecting and anticipating these disruptions. Instead of blaming the supply chain, we must face the harsher reality—companies are jacking up prices to make up for losses from the last two years, and the system cannot handle it. This is a systematic breakdown, a decline of the capitalist order, and it’s time to look for real, sustainable solutions.

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“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”

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Видео Wolff Responds: Supply Chain Disruptions...a BS Excuse канала RichardDWolff