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This is the Tom Hartman program.

Mom Align with us is a professor Richard Wolf, the economist co-founder of democracy at work.info

The author of numerous books, including the sickness is the system when capitalism fails to save

us from pandemics or itself also available as an ebook and he's the host of economic update with

professor Richard Wolf on free speech TV, Prof. Wolf over on Twitter as well.

First of all, you wrote this fascinating piece over democracy at work.info titled China versus

the US system rising versus system falling new global capitalism lecture. You're talking about how

China has embraced a form of capitalism. America has embraced, you know, we've kind of swung

back and forth over the last century or so between heavily regulated and heavily deregulated

capitalism. You want to give us a brief primer on this? Sure, I'd be glad to. And let me

preface it by saying, I don't mean to scare folks. I'm just calling it as I see it with

designs that are available to everybody, no special information or anything like that.

The world has been a place where empires have come and gone. Everyone that came also went.

Everyone that had a rise up had a calm down. It was much more fun for the people involved

on the way up than it was on the way down. The most recent one that's in people's mind today

...