- Published on February 11, 2014VIDEO
Updates on major economic developments since December: Obama's minimum wage policy, the Federal Reserve's "tapering policy" and the new Janet Yellen leadership, slowdowns in China and the emerging markets, and Thomas Piketty's new book Capital in the 21st Century on capitalism and inequality. Major discussion of the chief causes and social effects of increasingly unequal wealth and income distributions, and the myth of returning manufacturing jobs in the US.
- The growing disconnect between the Fed's policies and people's lives means we need to start exploring economic alternativesPublished on February 4, 2014
This article orginally appeared at theguardian.com
(A banner reading 'Capitalism isn't working' at an Occupy protest. Photograph: Oli Scarff/Getty Images)
- Published on January 21, 2014VIDEO
Today is the 90th anniversary of the death of Vladimir Lenin - the man credited with changing the course of history for Russia, and the world. His body is on public display in central Moscow, and just like him the ideas he launched a revolution for are not exactly buried. For Russians, 70 years of the Soviet Union left most people indifferent towards Lenin's legacy. Hovewer, the socialist ideas he fought for have gained some traction in the West. Economist Richard Wolff joins RT for a detailed look at socialist ideas.
- Published on October 27, 2013VIDEO
Professor Rick Wolff explains why growth has become a focus of our modern political system. He describes how inequality is created by the way our enterprises are organized.
- Published on October 6, 2013AUDIO
Professor Wolff joins Grant Reeher on The Campbell Conversations and argues that our economic recovery has so far been a “fiction,” unless you’re in the top one percent, and he further claims that this problem reflects something much more fundamentally wrong with our modern system of capitalism. He finds a solution to the problem in a reconsideration of the way we govern the workplace.
This article originally appeared at The Guardian.
From President Obama on down, defenders of the status quo insist that the US economy has "recovered" or "is recovering". Some actually see the world that way. They inhabit, imagine they inhabit, or plan to soon inhabit the world of the infamous top 1%. Others simply seek security in life by loyally repeating whatever that 1% is saying.
- Published on September 27, 2013VIDEO
The Cambell Public Affairs Institute hosted Professor Wolff as part of its annual State of Democracy Lecture Series. Professor Wolff discussed Economic Democracy in the face of the current Economic Crisis.
- Published on September 20, 2013VIDEO
Professor Wolff joins Danny Schechter to discuss the narrow coverage of economics in media, our fictional economic recovery, Occupy Wall St., and the structural problems that perpetuate a vast disparity of wealth.
- Published on September 14, 2013AUDIO
Update on fast-food CEO pay, lost output from Great Recession, US healthcare overcharging explained, Treasury Secretary Paulson explains his deference to bankers, and the 1% US poorest. Major discussions on differences and conflicts between big and small businesses in capitalism and how Marxian economics differs from Neoclassical and Keynesian economics.