Today's episode includes updates on Obama harshness re student debt, how much corps and rich abuse tax havens, MIT rejects fossil-fuel divestment, profit over safety at tylenol company. Prof. Wolff responds to listener on where US economy headed now. Interview life-long high school teacher Alan Schulman on teaching economics after the 2008 crisis: problems and prospects.
This article originally appeared at TheStreet.com
By now, everyone knows that Bernie Sanders calls himself a democratic socialist. What's not nearly as clear is what that actually means.
For voters who lived through the Cold War, the term "socialist" is loaded with baggage, dating to the assassination of the Russian tsar and his family in the early 20th century and Soviet Premier Nikita Kruschev's 1960s standoff with President John F. Kennedy over missiles in Cuba.
Trecho da análise mensal feita pelo Professor Richard D. Wolff - Global Capitalism: Monthly Update - October 2015. Mensalmente, desde Nova York, o Professor faz uma análise conjuntural da economia estadunidense e global. Essas análises estão disponíveis em inglês sem legendas, na íntegra, no canal https://www.youtube.com/user/RichardD... Neste trecho, Prof.
Prof. Wolff opens up the Rosa Luxemburg Conference in NYC on 08-21-2015. Topic of the talk is Rosa Luxemburg.
This article originally appeared at Counterpunch.org
Andrew Smolski interviews Prof. Wolff for CounterPunch.
The interview was conducted over Skype on Oct. 10th, 2015.
A = Andrew Smolski / R = Richard Wolff
A: Marx famously said that “labor power is a commodity; neither more nor less than sugar”. Marx went on to say that a worker sells their labor power to produce a wage in order to live. Dr. Wolff could you explain what Marx meant by labor power and wage?
Saving capitalism, looming economic downturn, Berlin 250,000 against TTIP, US plan to give Puerto Rican taxes to banks. Response to question on planning. Interview: Laura Flanders, independent journalist on coops vs capitalism.
This article originally appeared at Truth-out.org
Volkswagen (VW), we now know, systematically evaded pollution control regulations. Over the last decade it defrauded 11 million buyers of its diesel-engine vehicles, fouled the planet's environment and thereby damaged the health and lives of countless living organisms. Regulation-defeating deception gave VW diesel autos competitive advantages over other companies' diesel products and thereby enhanced its profits, the driving purpose of capitalist corporations.