Capitalism's Third World War

In this presentation, Professor Wolff discusses how the first two world wars brought an end to the British, German, and Japanese empires, and how a third would likely bring down the American empire. Specific topics include: 1. The U.S. empire's decline provokes desperate economic policy 2. The U.S. empire's decline provokes resurgent neo-colonialism around Venezuela, Greenland, Cuba, etc, along with the potential U.S. withdrawal from the United Nations and the weakening of NATO 3. A burgeoning political dictatorship in the U.S. that is giving rise to state "command" capitalism, the use of ICE as a special executive-controlled force for domestic control, and the militarization of MAGA versus the rest of us. 4. The emergence of capitalists against Trump is creating a divide among capitalists 5. An American self-imposed isolation from partners and allies while preparing for multiple wars. Presented by Democracy at Work and the Left Forum Special messages to our audience: Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more ( Follow Democracy at Work on X (Twitter) and YouTube. Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com. Find direct purchase links on our website ( ), or find them directly on Lulu ( ) Your support helps to produce and distribute these talks. Thank you.

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Capitalism's Third World War is an episode from Global Capitalism: Live Economic Update by Democracy at Work - Richard D. Wolff.

This episode is 59:58 long.

This episode was published on Jan 23, 2026.

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