Economy and Psychology

Capitalism Works (or Not) for Me

This article originally appeared at Truth-out.

Curators of New York's City's annual arts festival called us a couple of months ago.  Would we be interested in having a public discussion with the artist, Steve Lamber, whose work was a major part of this year's festival?  The festival's title is "Crossing the Line 2013," and Lambert's ;arge neon-lighted installation (9 feet by 20 by 7 feet) says "Capitalism Works for Me."  Observers can respond by pressing either a "True" or "False" button.  

Economic Update: Capitalism's Social Costs

Updates on Obamacare's "penalties," a Parisian suicide, neglect of community colleges, and how inequality worsens itself. Interview with psychotherapist Dr. Harriet Fraad on why US workers don't fight against their economic decline. Response to listener's question on how to prevent socialism from deforming into Stalinism.

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Moyers & Company Part II


Richard Wolff on Capitalism’s Destructive Power

Richard Wolff’s smart, blunt talk about the crisis of capitalism on his first Moyers & Company appearance was so compelling and provocative, we asked him to return. This time, the economics expert answers questions sent in by our viewers, diving further into economic inequality, the limitations of industry regulation, and the widening gap between a booming stock market and a population that increasingly lives in poverty.

Economic Update: Profit, Austerity and Criticizing the System

Updates on profit-driven scandals (horsemeat in Europe and fish in US); how long we work, Correa's anti-austerity victory in Ecuador, and getting public benefits for public investm

Meanings of the Election Results (Podcast)

  Everyone from the candidates to the parties to observers and voters are making their respective senses of what the election results mean. Here we offer a psychological and economic analysis of an election dominated by what people were voting against and how they reacted to remarkably divisive claims made especially by the Romney and Republican forces.

Living Alone

Originally appeared on

Three books. Three eye-opening accounts of tectonic shifts in American life. And one extraordinary analysis of the intimate connections between the new economy, the political power structure and the historic rise of one-person households.

Colorado Killings, Psychology, and Economics (Podcast)

More important than pathologizing the individual who killed is the task of evaluating the social and psychological conditions - changeable by collective action - that can explain why his frustrations and failures should take such a violent turn against others. In other words, why does the US have more such violent, gun-using explosions of extreme personal upset than most other advanced countries combined?

A Cure for Capitalism CA Book Tour

  After five years of deepening crisis, failed "solutions," and aborted "recoveries," millions see our current system no longer serving us. It's time to demand a cure big and bold enough to work. Join Richard Wolff to hear that cure presented, explained, and justified.

This evening will also launch Wolff's latest book, Democracy at Work: A Cure for Capitalism released September 1st, 2012 by Haymarket Publishers. He will gladly sign purchased copies.

Tickets will be $15 in advance and $20 at the door. All funds go to

Economic Update - Interview with Dr. Harriet Fraad

Updates on grim US employment data released June 1, how Europe experiences global capitalist crisis differently in Greece, Spain and Germany, and how "parental leave" in US jobs lags all other advanced countries. Interview Dr Harriet Fraad on fast increase of US adults living alone: causes and consequences economically and psychologically. Responses to questions on Spain, US student debt, economic collapse.

Americans Living Alone: Meanings and Implications (Podcast)

  Over 50 % of today's adults in the US live singly, what a 2012 book by Eric Klinenberg calls Going Solo. We discuss why that happened, the deep loneliness involved, its relationship to modern capitalism, and why basic social change is crucial to overcoming today's isolations.

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