The Economic Crisis

  • Economic Update: Profit-Driven Capitalism

    In this edition of Economic Update, we look at Verizon's purchase of AOL, why Facebook's "contribution" to ending inequality falls so short, how latest $$ gift to Yale increases inequality, how UK elections reflect "scapegoat economics, and why deadly Mediterranean migrations reflect capitalism's globally uneven development. We also respond to listener questions on (1) Americans' attitudes toward income and wealth inequality by our analysis of recent Gallup Polls and (2) whether student debts can lead to reduced Social Security benefits and what that means.
  • Global Capitalism: May 2015 Monthly Update

    “As Capitalism’s Crisis Deepens, Thoughts of Socialism Return Again”

  • Austerity and Neoliberalism in Greece

    Development, Thought and Policy Lecture Series: Austerity and Neoliberalism in Greece, sponsored by the Julien J. Studley Graduate Program in International Affairs, at the Milano School for International Affairs, Management, and Urban Policy.  Professors Richard Wolff and Barry Herman share their insights.

  • The Future of Jobs and Wages: A Conversation with Economist Richard Wolff

    WTO, TPP, NAFTA, CAFTA, and a host of trade agreements are causing America to hemorrhage jobs and the resultant downward pressure on wages. Add the productivity gains realized from automation and technology and the future of jobs in America looks pretty bleak. The government is cutting back on social programs and privatized welfare systems dependent upon the whims of the wealthy didn’t work for Louis the XVI or any other aristocracy throughout history. How will American workers support their families and keep our economy vibrant? There is a way but it will take courage.

  • Economic Update: Children, Capitalism, Family Values?

    Updates on Alberta election, Kansas closes schools early, Gallup polls on unequal US wealth and on average work weeks over 40 hours, Uber and markets, ignorance about USSR economy. Response to listeners on public subsidies to private profits. Interview with Dr. Harriet Fraad on children and families in US capitalism.

  • Economic Update: Capitalism's Other Side

    Updates on May Day holiday, Baltimore uprising, Nepal earthquake/poverty, Varoufakis vs repression, and Bud Light pushing beer by endangering women. Response to listener’s questions on varieties of coops. Interview with Prof. Yahya Madra on Turkey, Capitalism, and Islam.

  • Prof. Wolff on The David Pakman Show: Uber: Innovator or Business Destroyer?

     Prof. Wolff joins David Pakman to discuss ride sharing services like Uber and Lyft and the impact they have on local economies and regulated taxi services.

  • Economic Update: Capitalism and War

    Updates on UK elections, crisis's long-term effects, Kansas demonizes the poor, and the mustard-ketchup economic war. Responses to listeners on child-support economics and car production moving to Mexico. Major discussions: capitalism and war - a history, new stages of Cuban socialism and US Cuba-policy, the high stakes of Greece's economic situation.
  • "Taboo Broken: New Critical Writing About Capitalism"

    The Writers House at Merrimack College presents Richard Wolff

    "Taboo Broken: New Critical Writing About Capitalism"

     

  • Prof. Wolff at UVM - Davis Center March 18, 2015

    Richard Wollf Talk at UVM's Davis Center, March 18, 2015 from John Summa on Vimeo.

  • Economic Update: Honest Economics

    Updates on Bernanke's new big-bucks finance job, GM avoids billions in victims' claims for faulty ignitions, Seattle capitalist raises all workers to minimum $70k/yr, Americans' self-delusion on inequality, private profit trumps public policy, and anti-student-debt activism. Responses to listeners: impact on China if capitalism's relocation stopped. Major discussions of economics of wages and prices, narrowness of economics education, and basic global economic development issue.

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