In this every-other-month presentation, Professor Wolff presents insights and analysis on the decline of the capitalist system as evident in four key periods of U.S. history. From The Legacy of World War 2 from 1945-1974, to the petrodollar boom from 1974 to 2026, the rise of the global south since 1945, and China's relentless rise from 1945 to the present, Professor Wolff shows how these examples are evidence enough that it is time to do better than capitalism. The lecture ends with an overview of the possibilities for a future in which socialism is a viable replacement for the declining capitalism plaguing the world today.

Presented by Democracy at Work and the Left Forum

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