This article originally appeared at Truthout.org.
Mainstream economics has always privileged one debate above all others as its most central. Should production and distribution of goods and services be private or public, done by individuals or the state? Mainstream economists likewise keep aggressively projecting this question as the central debate for politics and politicians. Such arrogant self-confidence is the other side of the insular self-absorption that characterizes so much of the mainstream economics "discipline."
On this week's episode of Economic Update, Prof. Wolff provides updates on worker actions by UK's "junior doctors" and Detroit teachers, Flint's poisoned water, Supreme Court struggle. More on US govt subsidy of religion. Interview on worker coops with...READ MORE
Capitalism Delivers the...: Inequality, Instability, Insecurity
Co-sponsored by Democracy at Work, Left Forum, and Judson Memorial Church
These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several major economic issues. For January these will include...READ MORE
This article originally appeared at WorldFinance.org and quotes Prof. Wolff.
Global debt is spiralling out of control and the next financial crisis appears to be imminent. With few lessons learned since the 2008 recession, what will become of the world once it has been consumed by its own losses?Read more
- Cet article a paru au www.humanite.fr -
En octobre dernier, pour la première fois dans l’histoire du Parti démocrate, un débat a opposé les candidats (en l’occurrence Hillary Clinton et Bernie Sanders) sur le capitalisme. Même les ré- publicains reconnaissent que le creusement des inégalités devient un problème majeur pour les États-Unis. Cette critique inédite du système dans le débat public redonne l’espoir de voir renaître et se structurer une gauche.Read more
"Has The Crash of 2016 Now Begun? What Can & Should Be Done?" - Prof. Wolff on The Big Picture with Thom Hartmann
Prof. Wolff goes off on the state of the economy with The Big Picture's Thom Hartmann. What no one is talking about is the fact that that China isn't driving the looming economic crash - what's driving it is the fact that so-called "free market" capitalism and austerity politics are failing at a global scale.Read more
This episode provides updates on economics vs. the "free press," Nevada vs. public education and bikes displacing cars in Europe. We also respond to listeners' questions on the economics of closed ACA health co-ops and on inflation's dangers and impacts. Finally, we have major discussions on the Massachusetts Senate bill to tax rich universities and answering the question: "What is Capitalism?" READ MORE