- Published on August 24, 2015VIDEO
Prof. Wolff talks to The Big Picture's Thom Hartmann about Monday’s historic lows in the financial markets. Prof. Wolff breaks down China’s economy and if the devaluation of the yuan is the root to this market meltdown. Then Prof. Wolff and Thom take a look at the U.S. economy and review wage growth, inequality, and pensions.
- Published on August 16, 2015AUDIO
Updates on China's currency moves, UK'S Corbyn like US Sanders, adjuncts unionize, Pepsi and Coke offer self-serving health advice, Rand Paul's misunderstanding of economics. We answer questions about what happened to US real wages from 1974 to 2014. We analyze why no consensus about global warming, what are toxic effects of rising inequality, and role of psychologists in advertising.
- Published on July 28, 2015VIDEO
A conversation about capitalism with two brilliant minds, Cornel West and Prof. Wolff, together in a rare joint appearance.
- Published on July 27, 2015AUDIO
Updates on Coke vs Pepsi war, price gouging on cancer drugs, Corwyn good for UK Labor Party, and new Pope's strong anti-capitalist speeches. We respond to listeners' questions on guaranteed basic income and on why public employees are not an economic negative. Major attention is given to supporting countries that refuse to pay certain govt debts and especially to Greece in a review of is dramatic recent struggles.
- Published on July 12, 2015AUDIOContinuing our new format experiment: two in-depth analyses. In the show's first half: The New Deal was both a victory and a defeat. Both offer crucial lessons for today. In the show's second half, a critical review of labor's short and long-run goals, labor's defensive decline, and a new strategy built on lessons of that decline.
- Published on July 5, 2015AUDIO
We begin our 3-week experiment with a new format: two in-depth analyses, one in each half of the show. We begin by considering the different meanings of class, class analysis and class struggle across human history and why those differences matter so much now. Today's second half explores how socialism evolved from a basic alternative to capitalism into a state capitalism not so different from private capitalism.
This article originally appeared at Truthout.org
Regulated private capitalism. State capitalism. Socialism. These three systems are entirely different from each other. We need to understand the differences between them to move beyond today's dysfunctional economies. With confidence waning in whether modern private capitalism can truly be fixed, the debate shifts to a choice between two systemic alternatives that we must learn to keep straight: state capitalism and socialism.
- Published on May 14, 2015VIDEO
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.