The Socialist Program: Inflation Crisis & the March Towards Recession

Brian Becker and Prof. Richard Wolff discuss how fears of an all-out economic crisis are deepening as FedEx announces that it expects a global recession based on a sharp decline in world shipping activity, and a higher-than expected inflation report deepens the federal reserve’s determination to raise interest rates. The capitalist class remains determined to drive the economy off a cliff to eviscerate workers’ living standards and bargaining power.

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Economic Update: Rising Labor, Faltering System

[S12 E36] New

This week on Economic Update, Prof. Wolff talks about the prospects for a labor-union-worker co-op alliance; megacorp stock buybacks; why and how US/UK sanctions on Russia failed so far; the financial abuse of US retirees; and lastly...READ MORE


Zero Hour: How Would a "People's Fed" Behave?

On Zero Hour with RJ Eskow, Prof Wolff joins to discuss: how would a "People's Fed" behave? 

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Thom Hartmann: Recession & Inflation Will Ease

On the Thom Hartmann program: New Data shows that fear of recession and inflation are easing but Economist Richard Wolff warns us, that we still have to worry about the system that creates recession after recession.

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The Socialist Program: Queens, Kings and Capitalism

Walter Smolarek and Prof. Richard Wolff discuss how the corporate-owned media has been consumed with wall-to-wall coverage of the death of the Queen, fawning over the British monarchy. But the lifestyle that’s being celebrated is one based on plunder and empire. While their “subjects” live in poverty, the royals live a life of total luxury – all because they were lucky enough to be born into the right family.

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Economic Update: Record Homelessness Defies US "Solutions"

In this week’s show, Prof. Wolff gives updates on China's changed global economic strategy, California's struggle over higher minimum wages, Boston Mayor siding with Starbucks' strikers, and “regulatory capture" issue again as Philip Morris hires top FDA tobacco scientist. In the second half of the show, Wolff interviews Rob Robinson...READ MORE


Yes! Magazine: The Past, Present, and Future of Work

Prof Wolff is interviewed for the Yes! Magazine article: "The Past, Present, and Future of Work", by Chris Winters. 

“Marx’s point (one of many) was that slavery, feudalism, and capitalism have something very similar in common. In all of those systems, a very small number of people are in the catbird seat,” says Richard Wolff, professor emeritus of economics at the University of Massachusetts at Amherst and a visiting professor at the New School in New York City.

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MintPress News: Inflation & Class War

On MintPress News: As the US and Europe are imperiled by an economic crisis, Lowkey and economist Dr. Richard Wolff discuss the links between the war in Ukraine, inflation and the class war at home.

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The Socialist Program: Sanctions Backfire: Europe Plunged into Energy Crisis

Walter Smolarek and Prof. Richard Wolff discuss how Europe has plunged into an even deeper energy crisis as Russia cuts off imports through the Nord Stream pipeline in response to western sanctions. While US and European leaders pledged that sanctions would quickly bring the Russian economy to its knees, is the reality in fact the opposite?

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The Hill: Rising: WORKING CLASS Suffers Most From Fed Interest Rate Hike As Housing Market TAILSPINS

Prof Wolff joins Rising on The Hill TV to discuss troubling signs the housing market is posing in the U.S. economy, as the Federal Reserve has been raising interest rates.

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Zero Hour: Can the Rust Belt Be Saved?

Prof Wolff joins Zero Hour with RJ Eskow to discuss: Can the rust belt be saved? 

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Thom Hartmann: Will The American Inflation Act Really Stop Inflation & Increase Wages?

Prof Wolff joins the Thom Hartmann program to discuss: Multi-billion dollar factories are being built across the US, helping employment and bringing manufacturing back home. Really? Take that with a huge bag of salt. What will happen? A continuing decline in good jobs and actual manufacturing is more likely.

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The KPFA Evening News (Sunday) – August 28, 2022 – Student Debt Relief

Prof Wolff joins the KPFA Evening News (Sunday) on August 28, 2022 to discuss student debt forgiveness and the economics of the higher education system. 

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Economic Update: What is Communism?

[S12 E34] New

This program covers the origins, evolution, and current significance of "communism." After a brief history of communism as a utopian ideal of community, we treat Marx's presentation in the Communist Manifesto, and then communism's subordination to "socialism" to World War 1. That War changed everything. It split socialists everywhere into a Socialist Party and a Communist Party with key differences but also commonalities. When most European communist parties collapsed...READ MORE


Behind the ‘Economic Policy’ Façade, It’s Class War

Article by Richard D. Wolff

"Class warfare lies behind how many politicians, mass media, and academics explain the economic problems requiring the solutions that their policies offer."

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Economic Update: Loneliness - Capitalism's Collateral Damage

[S12 E33] New

In this week’s show, Prof. Wolff presents updates on record homelessness in New York City, rapidly rising US household debt as recession looms, Washington retreats from globalization to economic nationalism, and 2.2 million in US lacking running water. In the second half of the show, Wolff Interviews Dr. Harriet Fraad...READ MORE


DSA International: The War in Ukraine, Impacts and Perspectives: Women, Workers, and Global South

Prof Wolff joined a panel presented by DSA International to discuss the war in Ukraine and its impacts on women, workers, and the global south. Panelists included:
-Olena Lyubchenko (Ukraine)
-Yurii Sheliazhenko (Ukraine)
-Richard Woff (US)
-Sopo Japaridze (Georgia)
-Pawel Wargan (Poland)
-Vijay Prashad (India)

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WHMP The Afternoon Buzz: Capitalism and Markets

Prof Wolff joins The Afternoon Buzz on WHMP Radio on 8.22.22 to discuss his latest article: The Truth About Markets. 

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By Any Means Necessary: Biden’s Inflation Reduction Act Is Too Little, Too Late

In this episode of By Any Means Necessary, hosts Sean Blackmon and Jacquie Luqman are joined by Prof Wolff, to discuss the recently passed Inflation Reduction Act and why it is too little and too late to do anything for working and poor people, and more. 

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The Socialist Program: How U.S. Capitalism Buries Students in Debt

Walter Smolarek and Prof. Richard Wolff discuss the student debt crisis. With an announcement expected imminently on the fate of the national freeze on student debt payments, pressure is mounting on the Biden administration to not only extend the moratorium, but also cancel a substantial amount of the crushing debt burden tens of millions of people in the United States are under. How did we end up in a situation where borrowers have accumulated over $1.7 trillion in debt just because they wanted to get an education?

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Economic Update: Recession - Capitalism's Failure Invites System Change

[S12 E32] New

In this week's show, Prof. Wolff defines recession and shows its relation to inflation and stagflation in their respective roles within capitalism's inherent instability. Rooted in the structure of capitalism, recessions represent both costly burdens on employers and employees alike and also strong incentives to question, challenge, and go beyond...READ MORE


Thom Hartmann: Why The Rich FEAR Unions

StarBucks workers are unionizing, so are Amazon workers, your work place just had a union meeting as you read this. Trade unions are a way for workers to stop exploitative labor practices, fight for better wages or benefits and exercise workplace democracy... so why are capitalists treating unions like the Big Bad Wolff?

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The Socialist Program: Evictions, rising rents and unaffordable homes: Capitalist housing market a total failure

Walter Smolarek and Prof. Richard Wolff discuss the housing market as the Federal Reserve-induced economic downturn takes shape. The situation is rapidly deteriorating for both renters and prospective home buyers, with evictions on the rise, prices rising and interest rates spiraling out of control.

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Economic Update: The Deepening Fragility of US Power

In this week’s show, Prof. Wolff presents updates on successful unionization at Trader Joe’s, lottery tickets as disguised regressive taxation, gasoline inflation brings record profits to big oil companies, and pharmaceutical industries' ad campaign to...READ MORE


The Truth About Markets, Pillar of Capitalist Ideology

Article by Richard D. Wolff

"As capitalism sinks into ever deeper trouble, it is time to topple false Gods as part of the process of finding our way to better institutions, and indeed to a better system."

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