- We ask if falling US unemployment rates and increased profits for large companies show capitalism can adapt and endure.Published on January 4, 2013VIDEO
originally appeared on Al Jazeera's Inside Story
As unemployment in the US decreases and large companies expand their profit margins, has the capitalist system once and for all proven its ability to endure and adapt?
The jobless rate in the US has dropped to its lowest level in four years. And the economy, which in 2008 appeared to be on the brink of collapse, is said to be recovering.
We’ll discuss what the next phase of the economy should look like after the recovery is over. We’ll debate the value of growth — whether raw economic growth is, in itself, a good thing, or whether a happy, sustainable future with broad prosperity for all is possible without constant growth. And we’ll examine the major battles in Silicon Valley over intellectual property, likely to be one of the bulwarks of the next economy.
Joining Chris at 8 AM ET on MSNBC will be:
- Published on October 23, 2012VIDEOSince 2006 our mission at Black Agenda Report has been to challenge the current crop of black political and cultural misleaders with a vision of a new black politics of struggle, one that takes into account class differences among blacks so as to confont the prison state, and deal with the many other oppressive aspects of everyday black life which our misleaders ignore. On Friday, October 12 most of the Black Agenda Report team gathered at Harlem's historic Riverside Church to celebrate our sixth anniversary. We were joined by Dr.
- Published on October 1, 2012AUDIO
Updates on public pensions crisis and megabanks' massive failures. Interview: NYU Prof. Juan Flores on class warfare in the US. Responses to listeners on federal subsidies of big banks and on varieties of capitalism.
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.
- Published on September 21, 2012VIDEO
This show originally appeared on Aljazeera's website.
"All of this is so much theatre designed to win the election. And what comes later will depend on the pressures and the realities .... Then we are left with a Mr Romney, where we have no idea where he actually is going to go and that may well be because he doesn't either."
- Richard Wolff, a professor of economics at University of Massachusetts-Amherst
- Published on July 14, 2012AUDIOSecure, stable jobs gave way to precarious employment over recent decades - and especially during the crisis that started in 2007. Precarious work has dubious benefits for employers and imposes huge economic costs on society and huge human costs on most working people. Precarity exposes capitalism's irrationality and shows the importance of non-capitalist alternatives like the workers' cooperatives organized in Spain's Mondragon Corporation.
- Published on July 11, 2012VIDEO
Interview originally appeared on The David Pakman show
Richard Wolff joins David Pakman to weigh in on the real differences between President Obama's and Mitt Romney's respective economic policy proposals, and explains the reality of tax cuts and stimulus spending.