Host Per Fagereng interviews Professor Wolff, author of the book "Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It." He recently wrote the piece "Austerity: Why and for Whom?"

From Law and Disorder: "We are very pleased to have with us Professor Rick Wolff to update us on where we’re in this ongoing global capitalist crisis.  Austerity has appeared in the titles of many recent articles on the global capitalist crisis. What is it? Rick Wolff writes in his article titled Austerity: Why and for Whom? the efforts to broaden the recovery beyond one year have failed and that failure has cost Washington trillions in borrowed funds from lenders. Those lenders now demand guarantees that those loans will be repaid to them with interest.

Professor Wolff joins Michael Smith on WBAI's Law and Disorder radio show along with National Lawyers Guild Attorney Eric Poulos.  Both have recently returned from Greece. Rick Wolff’s recent articles outline an economic theater playing out in Greece and across the globe. There is no alternative and this is all the worker’s fault, is the mantra from rulers who are cutting wages and pensions in Greece. It’s deceptive and false says Rick Wolff,  and the economic conditions in Greece is an old pattern that is replicating everywhere.

JK Fowler of The Mantle, interviews Professor Wolff.

The key topics include the concepts of "class" and "overdetermination" as they figure in the new kind of Marxian analysis that Wolff applies to the current crisis in capitalism and to answering the question of what can and should be done in response to such crises.

 

Professor Wolff speaks with Kevin Brown on his History for the Future radio show about the origins of the current economic crisis, especially changes in the system since the 1970s, and how we can do better than capitalism.

  From the National Radio Project:   "It’s a time of economic transition, and systems that may have seemed stable over the past few decades are proving to be far from it. But how did we get here? And how can we learn from the past, to build a more fair and just system in the future? While many politicians and pundits claim that no one saw the current economic collapse coming, in fact, we had plenty of warning, depending on who we listened to.

Richard Wolff speaks with Jeff Farias on his radio show broadcasted by Roots Up Radio. As this book shows, we must now ask basic questions about capitalism as a system that has now convulsed the world economy into two great depressions in 75 years (and countless lesser crises, recession, and cycles in between). The book’s essays engage the long-overdue public discussion about basic structural changes and systemic alternatives needed not only to fix today’s broken economy but to prevent future crises.

This disussion between Dr. Harriet Fraad and Professor Richard Wolff focuses on how the continued economic deterioration (credit crisis, rising food and energy prices, falling home prices, looming recession, fiscal crises of states and cities, etc.) is interacting with the psychological stresses and strains of US life today (isolation, loneliness, anxiety, depression, violence, child neglect, etc.). The discussion explores whether a potentially explosive convergence of economic and psychological crises is now under way.

Interview with Steve Gibson of Truth Driven Thinking and WKZO radio