- Published on March 12, 2012AUDIOUpdates on employment data, income inequality in Washington DC, bankruptcy for Harrisburg, PA, rich exit for NYTimes CEO, socialist victory likely in French presidential elections, and US federal employees' losses. Detailed discussions of (1) auto industry rehiring and "economic recovery" hype, and (2) European austerity vs mass oppositions in Greece, Ireland, and Spain.
- Published on March 10, 2012VIDEO
Richard Wolff appears as a guest on Thom Hartmann's The Big Picture to further discuss the circumstances of Greece and the continuing austerity measures, and how some of this may foreshadow potential impacts in the United States, as well as other places in Europe.
- Published on March 8, 2012VIDEO
These Tuesday evenings will each begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We will focus on the evolving global capitalist economic crisis and its consequences. We will examine topics such as
- Published on March 7, 2012VIDEO
Richard Wolff joins David Pakman to discuss the impact that the President of the United States has, and can have, on the changes in gas and oil prices.
- Published on March 3, 2012AUDIOUpdates on wage theft in US, critique of "US economic recovery" hype with focus on auto industry and bankruptcy of Stockton, CA, and analysis of stagnation in Europe. In-depth critical analyses of (1) claims that the US benefits from free trade despite loss of US manufacturing jobs, and (2) Republicans and Obama on reducing corporate taxes.
- Published on February 25, 2012AUDIOUpdates on workers' sit-in this week at Chicago window factory, French presidential election as a referendum on austerity response to capitalist crisis, and failure of US to prosecute financial crime. Interview with Economics Professor Richard McIntyre, University of Rhode Island, on today's "jobless recovery," comparing workers' militancy in the 1930s to conditions today, questioning "human rights" as the way forward for workers and unions.
- As public anger with bankers remains high, we ask how big a role financiers will play in the US presidential elections.Published on February 25, 2012VIDEO
The Republican Party may have its doubts about Mitt Romney, but when it comes to Wall Street it is a completely different story. Financial executives are throwing their support, and their money, behind Romney's bid for the White House.
Figures released recently show Wall Street has shifted its support toward the former Massachusetts governor and away from Barack Obama, the US president.
- Published on February 25, 2012AUDIOWe discuss how the tiny top and the increased bottom of the US economic system have very differently experienced economic crisis since 2007. We suggest some specific programs urgently needed and also draw some lessons about what basically has to change.
- Published on February 23, 2012VIDEOThis month, I am testing a trial partnership with ForaTV to disseminate widely the Monthly Economic Update I prepare. Fora TV charges $5.95. For three years, all my interviews, articles, lectures, blogs, podcasts and radio programs have been free. Most will continue to be. However, because my team of four devote much time and effort to arrange, tape, process, and post each item to reach the maximum number of people, they need some remuneration.
- Published on February 18, 2012AUDIOUpdates today on the crisis/looming civil conflict in Greece over austerity program, on the real wage decline and productivity growth in US during 2011, and on overcrowded prisons versus "falling" crime rate. Guest interview of Prof. William Strickland, African-American Studies, University of Massachusetts discussing economic crisis and African-Americans, the economic impact of Obama and the legacies of WEB DuBois, Malcolm X, and MLKing.