How US Capitalism Uses Nationalism_on Economic Update

Every Wednesday at 11am Pacific – 2pm Eastern – 19:00 GMTEconomic Update

How US Capitalism Uses Nationalism
_on ECONOMIC UPDATE with Richard D. Wolff

From 1945 to 1990 we were told a great struggle pitted capitalism against socialism/communism (chiefly the USSR and China). Yet still today, US leaders demonize Russia and China despite the end of communism in the USSR and a huge growth of capitalist enterprises in China. The explanation lies in US capitalism’s long history of using nationalism (i.e. foreign dangers) to justify tax-payer funded government actions to protect, subsidize, and support major capitalists’ dominant position in the US economy.

Each show wraps up with Professor Wolff answering some questions that he receives through his website or on Facebook. Economic Update is in partnership with Truthout.org.


This show was broadcast on May 3, 2021.

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