Prof. Wolff joins News.Markets and explains why official US jobs numbers don't reflect the real state of the US economy and the average US worker. He believes the US needs a slice of the UK's Jeremy Corbyn to combat extreme inequality.
“The place where most adults spend most of their life is at work, and there is no democracy at work”
Prof. Wolff joins The Big Picture's Thom Hartmann and discusses the lack of economic democracy in the current economic system. For a large chunk of the American workforce - capitalism is no longer working the way it's supposedly designed to work. Is it time to look for alternatives to the free market? And if so, where? Prof. Wolff offers Worker Self-Directed Enterprises (WSDE) as a solution.Read more
Prof. Wolff joins Margaret Flowers and Kevin Zeese on Clearing The Fog to discuss the current situation for workers and how they are building power to lift up wages and worker rights.Read more
Prof. Wolff joins The David Pakman Show to discuss the implications of the Panama Papers leak.
This article originally appeared at Truthout.org
Capitalism's supporters use and benefit from a racism whose practice and consequences should be blamed on capitalism itself.
"Racism" is so often applied to US prison statistics and policing; to data on differences in employment, housing, wealth and income distributions, college enrollments, film awards, and so much more; and to hardening hostilities toward immigration. At the same time, racism is so often condemned -- at least in mainstream media, dominant political circles and most intellectual and academic institutions. Racism's persistence where the capitalist economic system prevails raises the question of the connection between capitalism and racism. READ MORE
Prof. Wolff analyzes the economy of the US from a Marxist perspective.Read more