The Last Time Banks Did This, They Caused A Financial Crash
Prof. Wolff joins The Thom Hartmann Program to illuminate how banks are supposed to hold a percentage of every dollar in reserves, which means they have a large pile of money. What happens if the government wants to stimulate the economy, by telling the banks they can lend out part of their held deposits or all of it? The last time the banks were able to lend out their reserves, we found ourselves in a global financial crash.Read more
Peculiarities of the Chinese Economic System
US-China trade war, peculiarities of the Chinese economic system and what an economic slowdown in China would mean for the global economy.
Watch the discussion here on with Michele Greenstein on News with Rick Sanchez
School Grades as Capitalist Control
Grading teaches meritocracy, which in turn helps deflect blame for capitalism's failures onto its victims. Grades are capitalism in action. Let's get them out of our schools.
See it here on the The Zero Hour with RJ Eskow
Economic Update: Capitalism in Decline
The first half of this week’s episode of Economic Update features a discussion by Professor Wolff on the parallels of declining capitalism in the UK and the U.S. and how the...READ MORE
No One Can Rescue Hong Kong
Discussion the ongoing Hong Kong protests and its effect on the US-China trade war. China "will not negotiate any cost to their sovereignty" and protesters' attempts to entreat US or UK for aid against Beijing is "far fetched."
China Lifts Some Tariffs on U.S. Goods
There has been a small breakthrough in the US-China trade war, after Beijing agreed to drop some of its tariffs on American goods. How much trade-war pain is still in the pipeline for the US economy?
Prof. Wolff on Boom Bust - Watch Here
Why Do Tech Giants Get Away With Hurting Consumers?
Prof. Wolff joins Julianna Forlano on Waking Up with Julianna Forlano on WBAI to discuss the impact decisions made by giant tech companies have on our lives.Read more
Global Capitalism: September 2019 Live Economic Update
The US-China Trade Wars: Causes, Prospects, Risks
Impact of Fannie Mae and Freddie Mac's Return to the Private Sector
Trump's plan to re-privatize the mortgage loan companies Freddie Mac and Fannie Mae opens the door to the factors that caused the 2008 financial crisis.
This story appears courtesy of Real News Network - Listen Here
Why is the US Economy so Prone to Crashes?
Since the mid-20th Century, every major recession in the United States has been preceded by an inversion of the bond “yield curve,” a key indicator of the health of the economy. In August, the curve inverted once again, leading to widespread alarm that a significant economic downturn is imminent.
This article appears courtesy of The Globe Post.
#ClearTheLists Puts Focus on Insufficient School Funding
As U.S. schoolchildren return to the classroom, teachers across the country are asking for help from the public to bridge the gap between funding and need through a new viral campaign that is putting renewed focus on the woefully insufficient funding of U.S. public schools.
This article appears courtesy of Common Dreams.
Greed and Hype as New Hurricane Reality
Discussion of destructive potential of Hurricane Dorian, why it has dominated the establishment news and the ominous possibility that the U.S. may be incapable of dealing with hurricanes.
Are We at Risk of Another Recession?
Prof. Wolff talks to KPFA about the risk of another recession and the absurdity of Trump’s trade war with China.
This interview appears courtesy of KPFA in the San Francisco Bay area.
State of the U.S. Economy
Donald Trump is proudly claiming that the U.S. economy has never been better, but what is the reality of the state of the economy in the United States? This interview appears courtesy of Sojourner Truth With Margaret Prescod
Economic Update: Homelessness in the U.S.
This week on Economic Update, Professor Wolff delivers updates on politicians' "blame game" of scapegoating to avoid blaming capitalism, middle class squeezed by prices, limits of...READ MORE
Socialism in 2019
Prof. Wolff Discusses Socialism in 2019 with Abby Martin on the Empire Files.
How to Move from Capitalism to Co-Op
Richard Wolff Explains Socialism and How to Move from Capitalism to Co-op with Eric Unger and Paul DuPont of Hard Lens Media.
This interview appears courtesy of Hard Lens Media
Prof. Wolff on the State of the Economy
How Capitalism Pits Working People Against Each Other
Why are working people fighting each other instead of working together against the billionaire class ruling the country?
Prof. Wolff joins Thom Hartmann to expose how racism is intrinsic to capitalism and the goal of capitalist. dividing the working class and putting them against each other. How can we stop the rich from dividing the working class?
Exposing How Capitalism Pits Working People Against Each Other: Click Here
Workers' Rights With Jesse Ventura
Prof. Wolff discusses how employment cooperatives may improve the economy with Jesse Ventura.
Prof. Wolff Discusses Workers' Rights With Jesse Ventura: Click Here
Should Schools Get Rid of Grades?
Prof. Wolff calls the current system of grading students "capitalist." Sure it sounds popular, but is doing away with grades really a solution to what some call an education crisis? Prof. Wolff talks with FOX News' Lauren Simonetti to answer these questions.
This interview appears courtesy of Lauren Simonetti and FOX News Radio
Which Is Failing, Capitalism or Trump?
As the US slides closer to a recession sparked at least in part by Trump’s trade war with China, the question arises, is Trump failing capitalism, or is capitalism failing us? Prof. Wolff talks with Sonali Kolhatkar.
This interview appears courtesy of Rising Up With Sonali
We Are Already Overdue for a Recession
Is there a new recession coming? We are already overdue for one of these downturns, according to Prof. Wolff. Trump has launched a trade war, which is bad for both economies with everyone losing thousands of dollars a year due to that. The upswing has been going on too long, so how deep will the next recession be?
How U.S-China Trade War Looks From Within Asia
Prof. Wolff joins Boom Bust to give his latest take on the transpacific trade fight and the near future of the US economy.
Real Socialism Achieved Through Worker Co-Ops
Prof. Wolff returns to PRIMO NUTMEG to discuss how real socialism can be achieved through worker cooperatives. During this extended interview Primo covers the alternative definitions of "capitalism" and "socialism," as well as how workplace democracy differs from Bernie Sanders' democratic socialism. Also discussed is monetary theory, crypotcurrencies like Bitcoin, the 2020 election, the NeoMcCarthyism of RussiaGate, Noam Chomsky, and the story behind Prof. Wolff's feud with Jordan Peterson.