Should Bernie Sanders stay in the Democratic Party?

Prof. Wolff talks with acTVism Munich about the US political system and Bernie Sander's role in the Democratic Party. 

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Economic Update: Human Nature and Capitalism

On this week's show, Prof. Wolff presents updates on California, Nevada steps toward universal medical insurance, Toronto housing bubble, Air Traffic Controllers and the...READ MORE


How Privatizing Air Traffic Will End Safe Travel

Prof. Wolff joins Thom Hartmann on The Big Picture RT to discuss President's Trump's latest proposal of privatizing air traffic traffic control.

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Left Forum 2017 - Economy and Psychology: A Tale of Two Depressions

Most Americans have never recovered from the recession of 2008 and the outsourcing, mechanizing, robotizing and computerizing of their jobs. Men’s salaries and working conditions have been deteriorating since the mid 1970s. Women’s salaries have increased to...READ MORE


Economic Update: Economic Failures and the Blame Game

On this week's show, Prof. Wolff presents updates on big banks fix rates, IRS checks on churches, CEOs' pay rises fastest to worsen US inequality. On the second half of the show, Prof. Wolff will discuss in more detail...READ MORE


Richard Wolff on The New Socialism - Big Picture RT

Prof. Wolff joins Thom Hartmann on The Big Picture RT to discuss a new kind of socialism. With democratic socialism on the rise all over the Western world right now, how can the resurgent left seize this moment - and the means of production? 

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Economic Update: Worker Coops as our Economic Future

On this week's show, Prof. Wolff talks about Trump's 2018 budget, Ford's undemocratic decisions, US opioid epidemic, Swiss vote to end nuclear power, Harley-Davidson moving jobs overseas, Canada outlaws...READ MORE


The New Socialism: Moving Beyond Concentrated State Power

(Photo: Susannah Kay / The New York Times)

This article originally appeared at Truthout.org

Capitalism as a system is now increasingly challenged. Critics proliferate and steadily deepen their opposition (alongside, of course, the persistence of capitalism's defenders). Yet capitalism's traditional "other" -- namely, socialism -- has also been widely devalued. It has lost its position as the goal (however variously interpreted) for anti-capitalist social movements. When not simply ignored, socialism (and even more its derivative "communism") is often treated as utterly passé. When taken seriously, it is mostly a vague rhetorical gesture expressing criticism of the capitalist status quo, not advocacy of a concrete alternative. Socialist parties now mainly support capitalism but with a human face -- i.e. with the social supports and safety nets that their "conservative" counterparts disdain. 

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The Problem with “Reactionary Keynesianism" - Big Picture RT

Prof. Richard Wolff talks to Thom Hartmann on The Big Picture RT about Trump's 2018 budget plan sent to Congress. The "New Foundation for American Greatness" is an all-out assault on poor and working Americans. If the President gets his way - billions will be cut from vital programs - including Medicaid - which candidate Trump promised never to cut. 

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Economic Update: What France's Election Means

On this episode of Economic Update, Prof. Wolff discusses Yale grad students hunger strike for a union, US raising interest rates on student loans, 2 new Senate bills on worker ownership of enterprises, and some economic dimensions of...READ MORE



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