Richard Wolff on the Changing Tides of Capitalism and Socialism

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This article originally appeared at Truthout.org

Nearly 30 years ago, many capitalists were celebrating what political scientist Francis Fukuyama called the "ultimate victory of the VCR": where consumerism sank communism. However, they failed to calculate the effects of this consumerism on the environment. They also failed to predict how the public would start to tire of a situation in which a very small percentage of capitalists are reaping all the benefits while the rest of us are sinking deeper and deeper into debt, poverty and powerlessness.

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Follow the Money: "Capitalism's Crisis Deepens: A Conversation w/ Prof. Richard Wolff"

Prof. Wolff joins Follow the Money's Jerry Robinson to discuss the widespread popularity of Bernie Sanders among the millennial generation and his thoughts on the global economic crisis.

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The David Pakman Show: "Richard Wolff: Capitalism's Crisis Deepens"

Prof. Wolff joins David Pakman to discuss his new book Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown 2010-2014, the fantasy so-called "pure capitalism," and more.

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Capitalism's Crisis Deepens


Economic Update: Pro-environment, anti-capitalist

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On this week' episode of Economic Update, Prof. Wolff. provides updates on fossil-fuel divestment, Zika virus economics, product recalls , and payday loan scandal. Interview with...READ MORE


Prof. Wolff on The Big Picture RT: "Will the UK Set Off A Secession movement?"

Prof. Wolff joins The Big Picture RT's Thom Hartmann to discuss the UK upcoming vote. In just a few weeks - Britons will take a vote on whether or not they want to remain part of the UK. Could this set off a continent-wide secession movement?

 

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EconoMinute: The Greek Crisis

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In this EconoMinute, Prof. Wolff discusses the debt crisis facing Greece, its causes, the role the Greek government, financial...READ MORE 


Economic Update: Listen, Prof. Krugman

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On this week's Economic Update, Prof. Wolff provides updates on car companies buying ride-share companies, Pope's latest, evidence against Prof. Krugman's rosy view of inequality. Major discussions of...READ MORE


Economic Update: The Idea of Revolution

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On this week's episode of Economic Update, Prof. Wolff provides updates on Alabama convicts strike against slavery, Greece's victimization, TTIP exposed, and taxing Yale. Interview with...READ MORE


Economic Update: False Econ Recovery, True Journalism

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In this week's episode of Economic Update, Prof. Wolff provides updates on "carry interest tax loophole," Miami's Marlin Park and state subsidies for business, negative interest rates, and banks' "bail-in" versus "bail-out." Interview with reporter Bob Hennelly about...READ MORE



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