Richard D. Wolff

Richard Wolff joins Watching The Hawks to break down the good, the bad, and the ugly of the Biden Covid-19 Stimulus.

"I believe Nancy Pelosi was the one who referred to it (or at least one of the leaders in the congress) as a 'transformative' bill. That's what it isn't and that has to be understood or else we're going to be in a very, very dangerous position in which promises are made or implied and will not and cannot be kept."

Richard Wolff joins RJ Eskow on The Zero Hour to discuss the new stimulus bill and why it is not the transformative action that we need.

"A 'stimulus' carries with it the implication that the basic structure and the basic organization of what you're trying to stimulate is not the problem... I don't believe it for one minute. I don't think we're at that point. I think what the economy needs is a radical transformation."

Food lines, growing prices, and widening inequality are all leading to global unrest. Economist Richard Wolff warns that it will only get worse. 

What is the relationship between rising food prices and social unrest? Prices have increased by 2.4% in just February. What does this mean for the economy? What does that mean for the world's hungry? Professor Richard Wolff joined The Thom Hartmann Program to discuss how healthy the economy is for food and whether there is trouble on the way.

Why are super-rich democrats called "moderates" when they wage class war vs. low-income workers? Professor Wolff joins Brian Becker on The Socialist Program to discuss the "moderate" label, as well as the new $1.9 trillion stimulus as bill.

The $1.9 trillion stimulus bill has made its way through both houses of Congress and is on the way to President Biden's desk. Prof Wolff joins Boom Bust to lend his analysis and forecasts about the potential efficacy of the programs within the bill.
"Will it give a boost to the economy? In the short run probably yes... For me what's the key issue here is the sustainability of whatever boost it gets and I don't think it's enough, and I think it's very late in the day. So I'm very worried that the promises and the great hopes that have been generated here will not see fruition beyond that initial boost."

[S11 E09] New

On this week's EU, Prof. Wolff presents updates on worsening US inequality, universities borrowing more, billions earned by hedge funds in 2020, Bezos...READ MORE

The coronavirus pandemic, the deepening economic crash, dangerously divisive political responses, and exploding social tensions have thrown an already declining American capitalist system into a tailspin. In this video the economist Richard D. Wolff discusses how capitalism works and doesn't work as he describes his new book from Democracy at Work "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" and Douglas Lain tries to set up a conversation on State Capitalism and Workers Co-Ops for the parrot room.

Increased social media and tech censorship must be understood in the wider context of the establishment desperately seeking to hold on to what used to be called "the vital centre", a US-based author and economist tells Sputnik. Professor Wolff explained why such behaviour by internet giants must be understood as part of a wider collapse of the economic system, and the attempts of those who already hold power to reaffirm and consolidate their ever weakening position.

Cuba, Venezuela and Iran are all facing sanctions from the United States. Many of these sanctions are hurting innocent people, but the government's of those countries are not changing. Do Sanctions work or do they just hurt people? Sanctions are not working. Richard Wolff joins The Thom Hartmann Program to explain.

In the wake of fresh US sanctions, Russia has vowed to retaliate. Prof Wolff joins Boom Bust to look at the impact of sanction efforts around the globe."This is political theater, this is not to be taken seriously."

On this edition of Your Call, we’re speaking with economist Richard Wolff about his latest book, The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself. He argues that in order to address the failures of capitalism, we can’t "return to normal.”

He says we must transition toward a new economic system that works for everyone, including workplace democracy. He says we can do better than capitalism. What changes would you like to see?

Brian Becker and Prof. Wolff discuss how intellectual property rights are used by capitalists to stifle innovation and hold back progress while protecting their profits. They focus especially on how this phenomenon is playing out when it comes to the Coronavirus vaccines.

[S11 E08] New

On this week's show, Prof. Wolff discusses Amazon's profits; New York state's eviction crisis and capitalism's reproduction of poverty and inequality; New York's stock...READ MORE

The Editorial Board of the Arthashastra Economics Society in India interviews Prof. Richard D. Wolff

Julianna Forlano welcomes back Professor of Economics Richard D. Wolff to ActTV, to discuss how as disasters pile up in the US, like the recent deep freeze in Texas, wildfires, rapidly intensifying hurricanes, droughts, floods, tornadoes, heat waves, not to mention related pandemics... Will there come a point when the US economy won’t be able to handle it? And how close are we to a tipping point?

What are Bond yields, and why should you care about them? The Bond market is where people loan money and provide an interest on the repayment. It is used by governments and corporations. This all sounds very business related, but it does affect you – it really does. Prof Wolff joins Thom Hartmann to explain why.

Richard Wolff joins In Question to weigh in on the tragic situation in Texas, and explain the economics of the Texas power distribution system.

While the pandemic has thrown everything into flux, global supply chains are being revisited as transpacific ties are at their lowest in years. Professor Richard Wolff and Boom Bust's Ben Swann join the program to examine the state of Chinese trade and the semiconductor supply chain.

Brian Becker and Prof. Richard Wolff discuss the terrible storm in Texas and elsewhere in the south that has caused death, destruction and a near total breakdown in infrastructure. What does this say about the capitalist system?

Richard Wolff discusses capitalism & more in an appearance on Politics Done Right with Egberto Willies. Professor Wolff did not mince his words about capitalism, COVID, and more with the release of his ebook, The Sickness is the System.

[S11 E07] New

The extreme economic inequalities of both global and US capitalism are not new or exceptional. Capitalism reproduces inequality and repeatedly blocks or reverses redistribution...READ MORE

Richard Wolff joins The Barricades to answer many questions within the field of economics, economic ideology, wealth inequality, worker co-ops, left strategy to transition beyond capitalism and more. 

China became the EU's biggest trading partner in 2020, overtaking the US, according to data released this week by Eurostat. The fast pace of the economic recovery in China has meant an increase in the country's demand for European goods. Richard Wolff joins Boom Bust to discuss.

Article by Richard D. Wolff

The blunt truth of modern economic development is this: capitalism is leaving its old centers and relocating to its new centers. About this leaving we can and should borrow the phrase: this changes everything.

Brian Becker and Prof. Richard Wolff discuss how deeply dependent big banks and corporations are on government assistance, the rise in speculation on "junk bonds", the organizing drive by workers at an Amazon warehouse in Alabama, and more.