Economic Update: Imagining a Different Economy
[S11 E44] New
On this week's show, Prof. Wolff presents updates on his recent debate with Ayn Rand Institute on capitalism vs socialism, inflation in Europe, an analysis of right vs left splitting in US today, and real vs fake causes of...READ MORE
Thom Hartmann: If Interest Rates Go Up - Will the World Economy Be Destroyed?
Prof. Wolff on the Thom Hartmann program: No matter what happens to near-term inflation and growth - is the world is too indebted for rates to rise much higher?
Read moreBiden hails autonomy of the Federal Reserve
Prof Wolff on Boom Bust: The United States continues to grapple with the dueling crises of inflation and supply chain shortages, because of this President Biden has reiterated the need for the autonomy of the Federal Reserve.
Read moreThe Socialist Program: Biden Backs Fed Chair Powell: How the Ruling Class Rules
Walter Smolarek and Prof. Richard Wolff discuss the Biden administration's announcement that Federal Reserve chairman Jerome Powell would be renominated for a second term. Powell, a former finance capitalist who has headed the Fed since 2018, was the Wall Street favorite for the job. What role has Powell played in the management of U.S. capitalism?
Read moreWhat China Learned From U.S. Capitalism’s Development
Article by Richard D. Wolff
"The superiority of the recent Chinese record over that of the United States is persuasive evidence for China to continue its policy. China learned from the United States how to outperform U.S. capitalism."
Read moreZero Hour: The Truth About Inflation
On Zero Hour with RJ Eskow: The Truth About Inflation.
Read moreHartmann: Why Financialization Damages America
How does Financialization Damage America and what is it anyway?
Read moreEconomic Update: Chris Hedges & US Prisons
[S11 E43] New
On this week's show, Prof. Wolff presents updates on South Dakota leads US to become world's #2 "tax haven," pandemic's economic shock cut by very uncapitalistic means, why employers want the govt to pay workers to go back to work, and how libertarians...READ MORE
The KPFA Evening News (Sunday) – November 14, 2021
Prof Wolff joins the KPFA Evening News to discuss inflation.
Read moreEconomic Update: Germany Shifts Left
[S11 E42] New
On this week's show, Prof. Wolff presents updates on Biden's and Democrats' fading tax reforms, German and Austrian politics shift left, Yale sells out to rich donors, product shortages...READ MORE
Economic Update: A Story of War
[S11 E41] New
On this week's show, Prof. Wolff discusses how Amazon rips off small business and squeezes workers, US and China's military tactics, top mainstream economists grasp the deepening critique of capitalism, and how strikes at Nabisco and Kellogg expose capitalism's classic contours of...READ MORE
WHMP: Why the Troubled U.S. Empire Could Quickly Fall Apart
Buz talks to Professor Richard Wolff, who discusses his latest article, Why the Troubled U.S. Empire Could Quickly Fall Apart
Read moreRT America News: States eye child labor to fill jobs
Some states intend to weaken child labor protections as a direly needed solution to the hiring shortage as millions of Americans strike for better pay and conditions. Bills under consideration will allow younger workers to work longer hours. Critics of the policy point to research demonstrating the adverse impact of child labor on academic performance and behavior. So are America's youth standing at the threshold of new opportunities, or at the brink of exploitation? RT America's John Huddy reports. Then Prof. Richard Wolff, host of "The Economic Update" weighs in. He calls it "shameful," exploitative, historically retrograde and "downright perverse."
Read moreThe Socialist Program: Guilty! 100 Corporations are Responsible for 71% of Climate Change Emissions
Prof Wolff on The Socialist Program with Brian Becker:
World leaders are gathered in Glasgow, Scotland for a major United Nations conference on climate change. But beyond the false promises and hollow phrases, what will it really take to pull the planet back from the brink of total disaster? What can prevent the capitalists from killing the planet?
Read moreImperial Abyss (with Yanis Varoufakis and Richard Wolff) | The Internationalist
It has been one year since Joe Biden came into office. While he is at COP26 making weak and unconvincing commitments on the climate, the collapse of the world order as we know it — from environment to geopolitics — seems imminent. In this episode, Richard Wolff and Yanis Varoufakis examine Biden’s first year in office, and share their perspectives on the current political and economic order and its future, from techno-feudalism to the new Cold War on China. They also speak about the ongoing pandemic and the profound transformations taking place in our time.
Read moreJimmy Dore Show: Workers Rebelling Against Vaxx Mandates
Prof Wolff joins the Jimmy Dore show.
Read moreEconomic Update: China and Inflation: Real Analyses, not BS
[S11 E40] New
The program's first half focuses on the realities of China's rise and not the Cold War rhetoric. The second half analyzes the inflation now threatening the US economy. Its causes and consequences turn out to be quite different from...READ MORE
Shelter and Solidarity
Prof Wolff joins Shelter and Solidarity for a discussion on Covid-19 and capitalism.
Read moreWhy the Troubled U.S. Empire Could Quickly Fall Apart
Article by Richard D. Wolff
"When empires decline, they can slip into self-reinforcing downward spirals. This downward spiral occurs when the rich and powerful respond by using their social positions to offload the costs of decline onto the mass of the population."
Read moreZero Hour: Coping with Left Despair
The Zero Hour with RJ Eskow discuss coping with despair on the left.
Read moreThe Socialist Program: Why Federal Reserve Bankers Should be Arrested for Corruption
On this episode of The Socialist Program, Brian Becker and Prof. Richard Wolff discuss how the Federal Reserve has been forced to announce new ethics rules after a scandal over financial trading conducted by high-ranking officials led to the resignation of two regional bank presidents. But will this really prevent Fed officials from using their positions of power to get rich?
Read morePraxis Peace Institute: Is the Sun Setting on the American Empire?
Joining the Praxis Peace Institute, Prof Wolff offers a presentation on the state of the US economy: Is the Sun Setting on the American Empire?
Read moreThe KPFA Evening News (Sunday) – October 24, 2021
On KPFA Evening News, Prof Wolff discusses social spending in the human infrastructure package.
Read moreRising up with Sonali: Understanding ‘Striktober’ and ‘The Great Resignation’
On Rising Up with Sonali on KPFK 90.7 FM, Prof Wolff discusses the latest Bureau of Labor Statistics report has shown that a record 2.9% of the American workforce quit their jobs in August, which is equivalent to 4.3 million resignations. Economists are calling this The Great Resignation. At the same time, an estimated 100,000 union workers across the country were either on strike or threatened to strike over contract negotiations, leading analysts to dub this month “Striketober.”
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