Articles

  • The Costs of Capitalism's Crisis: Who Will Pay?

     

    Professor Richard Wolff details the problems of capitalism and urges our recognizing its obsolescence and replacing it with institutions that truly serve the people. Talk at Church of All Souls in New York City, January 24, 2012. Camera, audio: Joe Friendly

  • Richard Wolff Speaks at Occupy Marin - January 7th, 2012

    Richard Wolff addresses Occupy Marin on January 7th, 2012 and discusses ideas such as imagining a democratic alternative to police evictions of Occupy encampments across America's cities and towns. What if the decision to evict or not had been made by referendum? Voters could have determined whether to continue the long overdue public debates over inequality, injustice and capitalism that were launched and sustained above all by the Occupy encampments.

  • Global Capitalism - A Monthly Update & Discussion (January 2012)

    Basic prospects for the US economy in 2012 opened this month's update. Most attention focused on analyzing the two main problems now shaking European capitalism: (1) the financial and social costs and implications of European governments' debts and austerity programs aimed to alleviate those debts, and (2) conflicts over Greece's debts and default scenarios. Emphasis was placed on the impact of Europe's crises on the US economy in 2012.

     

  • Economic Update on WBAI Jan 14th, 2012

     

    Updates on PEW polls on shifts to market economies in Lithuania, Ukraine and Russia; on US media consolidation into 6 giant companies; on bankruptcy of Jefferson County, Alabama. Analysis of (1) public enterprises in US and especially community owned-power companies, and (2) economic inefficiency of global capitalist competition (example: excess automobile capacity). Response to questions on Henry George and taxing rents and on growth of pornography.

  • Economic Update on WBAI Jan 7th, 2012

      Updates on latest data for income of top 1%, on low US tax burden relative to other countries, on flaw in two-tier union contracts (example: GM and UAW), and on PEW poll research findings of widespread positive US attitudes toward socialism. Interview with Prof. David Fasenfest, Wayne State Univ., on Detroit's economic decline as emblem of US capitalist development and role of Occupy Detroit movement.
  • The American Dream of the Occupiers

    Published in "il manifesto' on December 31, 2011

    A meeting with the Marxist economist Richard Wolff, one of the inspirers of the movement: "It's the first time in thirty years that there emerges an organized left, wide-reaching and receiving popular consensus."

  • Economic Update on WBAI Dec 31st, 2011

    Updates on (1) "the markets" as fake causes of layoffs and austerity, (2) the SEC deal over Citigroup conflict of interest, (3) China's tariffs on US autos, and (4) US real wage drop in 2011 while labor productivity and thus profits rise. Major interview with Gar Alperovitz on US economic decline and movement toward "socialized capital" and worker owned and directed enterprises.

  • Economic Update on WBAI Dec 24th, 2011

    Updates focus on European and US bank regulations, UK deals allowing major corporate tax evasions, and top 1% comments on OWS protests. Interview psychotherapist Tess Fraad-Wolff on how recent economic changes have affected and changed personal lives, including intimate relationships, partly by expanding the pornography industry and its impact. Listeners' comments addressed: Germany's role in Europe's economy, workers' self-directed enterprises, and Ron Paul's economic proposals.

  • Occupy the Corporation

    Imagine a democratic alternative to police evictions of Occupy encampments across America's cities and towns. What if the decision to evict or not had been made by referendum? Voters could have determined whether to continue the long overdue public debates over inequality, injustice and capitalism that were launched and sustained above all by the Occupy encampments.

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