Socialism and Workers’ Coops

This article originally appeared at Counterpunch.org.

Actually existing socialisms since the 1917 Soviet revolution leave a rich legacy: aspects to build on, aspects to reject. Collective consumption (free education, medical care, subsidized housing, transport, etc.) is among the first and party dictatorship is among the second. Those socialisms’ complex histories also leave a legacy of what went missing from them. Identifying and evaluating missing elements can provide today’s socialist movements with better means to surpass capitalism than earlier socialist movements had.

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What is class?

There is an entire body of political science thinking that has been unavailable in this country for many years because of its association with socialism and the left that have been demonized. Prof. Wolff joins Richard Eskow of The Zero Hour to talk about the insight that literature could offer us.

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Trade War Truce on the Horizon? & Bad News for Bitcoin

As Trump ramps up his rhetoric against China, one of the nation's top officials will visit Washington to talk trade. Professor Richard Wolff joins RT's Boom Bust to sift through the shipping stalemate and search for hope on the horizon.

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Global Capitalism: May 2019 Economic Update

Rise of Socialism in the US Today

with Richard D. Wolff 
Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church

These programs begin with 30 minutes of short updates on important economic events of the last month, then Prof. Wolff analyzes several major economic issues. For May 2019, these issues will include...READ MORE


Economic Update: Lawyers vs. The System

[S9 E18]

This week on Economic Update, Professor Wolff delivers updates on how U.S. college students have become share-croppers for investors, conservatives' fake opposition to government intervention in...READ MORE


US Unemployment Numbers and Other Ways to Hide the Truth

Prof. Wolff joins "By Any Means Necessary" to break down the good, the bad and the ugly of the latest US unemployment numbers, the media and political manipulation of economic numbers, American capitalism's multi-faceted debt crisis, and why it is time to move past capitalism.

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The Truth About Modern Monetary Theory

What is modern monetary theory? Richard Wolff joined Thom to explain. MMT or Modern Monetary Theory is becoming a point of contention in the Democratic Party,. But what is it and what does it mean? How does a government, or a political candidate use modern monetary theory, Can modern monetary theory help end the debt or the national deficit? What would the effects of modern monetary theory be on the average working person?

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Yes, We Can do Better Than Capitalism

This article originally appeared at CommonDreams.org.

As capitalism drives itself into ever-greater inequality, instability and injustice, its critics multiply. Worried defenders react in two ways. Many dismiss the criticisms. After all, capitalism has been around a long time and weathered ups and downs before. They presume or hope that criticism will fade as little really changes despite the critics, and frustrations set in. It’s just losers who complain. The winners will surely carry the system forward. Some defenders insist that there simply is no alternative to capitalism, so criticism becomes pointless.

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In US and UK, the Working and Middle Classes Are Under Attack

This article originally appeared at Truthout.org

The crises affecting the political economies of the U.K. and U.S. are strikingly parallel. The 2008 capitalist crash hit and hurt both badly. Each arranged government bailouts of their major banks and many large corporations. After 2008, they both imposed real economic suffering — austerity — on the mass of their people. Finally, in both countries, pre-2008 trends toward greater economic inequality accelerated post-2008. Those trends in turn provoked deepening political and cultural divisions.

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Economic Update: Capitalism vs. Socialism

[S9 E17]

This week on Economic Update, Professor Wolff does something a little different. He dives deep into the 200+ year old debate and struggle between capitalism and socialism and looks into how it has...READ MORE



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