Richard D. Wolff

Brian and Prof. Richard Wolff discuss the third bank failure in two months. First Republic collapsed Monday, a sure sign that the financial system is still in huge turmoil. Then JPMorgan Chase bought the bank's assets for a bargain. What does this say about the economic system and what does it mean for the rest of us?

Prof Wolff joins Guerilla History to discuss: the process of dedollarization, its impact on the Petrodollar, and how these play into geopolitics more broadly including the ability of the US to sanction whomever they wish - processes that we need to continue keeping an eye on.  

[S13 E17] New

Four key changes drive a new world economy emerging from the old. First is capitalism's transition from neoliberal,globalizing to nationalistic capitalism. This includes the shift of capitalism's center from western Europe and the US to Asia and the global south and also includes the deepening economic inequality inside most nations. Second is the end of the stale, old debate between private and state capitalism (misnamed as capitalism vs socialism) in favor of private + state capitalism hybrids. Third is the post-peak decline of the US empire. Fourth is the urgent question of what comes next: a new empire, a multipolar world, or a new post-capitalist system that replaces...READ MORE

Prof Wolff joins By Any Means Necessary on Radio Sputnik to discuss House Republicans’ proposal on conditions for raising the debt ceiling and how the debt ceiling political debate demonstrates the unity of both political parties, the ongoing inflation issue and why the assertion that workers’ wage growth is responsible for it ignores price gouging by corporations, and how recent events in the conflict in Ukraine are marking a global shift in the political and economic order.

Prof Wolff joins Zero Hour with RJ Eskow to discuss: The Sickness of 'Artificial Intelligence'? The System. 

Article by Richard D. Wolff

"The emerging new always both frightens and inspires the fading old. History is that unity of opposites. Sharp-edged rejections of what is new clash with enthusiastic celebrations of it. The old gets pushed away even as bitter denials of that reality surge. The emerging new world economy displays just such contradictions. Four major developments can illustrate them and underscore their interactions..."

Brian and Prof. Richard Wolff discuss the recent New York Times research on the bank bailout, stating that the regional banks massive sections of the country depend on were on the verge of collapse. Is this study real or a propaganda piece to cover up that the government spent billions on banks' mistakes?

[S13 E16] New

In this week’s Economic Update, Prof. Wolff discusses US deaths from Covid, poverty in the US labor force, US and Canada cooperate against immigrants, US warfare vs China's peacemaking, Amazon profits from cutting back on "free" shipping. In the second half of the show, Wolff interviews Dr. William Bronston, advocate for single-payer...READ MORE

Brian and Prof. Richard Wolff discuss how economic powerhouses like China, Russia, Brazil and others are moving away from using the dollar, changing its status as the world’s reserve currency. This shift could erode the power that U.S. banks and corporations have relied on for decades.

[S13 E15] New

Prof Wolff joins the Jimmy Dore Show to discuss the private US banking system and why banks are failing now. 

Prof Wolff joins the Project Censored podcast with host Eleanor Goldfield to discuss the myriad ways in which our economy is falling apart, the compounding traumas of living in late stage capitalism, as well as the ongoing shift from the US dollar in international trade

[S13 E14] New

Prof Wolff is interviewed for an Investopedia article titled: Inflation or the Economy: What Will Fed Rate Hikes Break First? by Diccon Hyatt. 

“They're in debt up to the wazoo to build the office towers premised on the marketing which told them every office in that place would be leased at a nice flat rate,” Wolff said. “All that's gone. The offices are empty.”

Prof Wolff joins the Law & Disorder podcast to discuss why the economy was threatened with collapse and what must be done to protect us from the unstable banking system.

Prof Wolff joins Zero Hour with RJ Eskow to discuss: has the revolution started? 

Prof Wolff joins the H3 podcast to talk about US isolationism, the ever-growing defense budget, issues with stock buyback and more.

Prof Wolff speaks with LA Progressive all about Capitalism, joining Dick Price and Sharon Kyle to give an explanation of his theory that capitalists use certain people as a buffer during economic downturns.

Prof Wolff joins the Kim Iversen show to discuss the system on the brink of economic collapse, and the path forward. 

[S13 E13] New

In this week’s Economic Update, Prof. Wolff presents updates on the US banking crisis, plant closing injustice, growing child labor in the US, Biden's budget's tax "proposals," and a new book that shows US homelessness is an economic problem. In the second half of the show, Wolff interviews Prof. Robert Ovetz... READ MORE

Prof Wolff joins Zero Hour with RJ Eskow to discuss: Can economics measure beauty, or love?

Prof Wolff joins KPFA Evening News to discuss the Silicon Valley Bank collapse and more. 

Prof Wolff joins Sputnik News to talk about the pattern and structure of the world's economy as it appears to be changing, with challenges crashing in on the US from different directions. 

On the Socialist Program, Brian and Prof. Richard Wolff break down what's going on with the collapse of several banks, including how to understand the intentionally complicated economic jargon and why it's vital that we do.

[S13 E12] New

In this week’s Economic Update, Prof. Wolff interviews Prof. Clara Mattei on her new book "Capital Order: How Economists Invented Austerity and Paved the Way to Fascism"...READ MORE