Major countries like China and Russia are steadily pulling their support from the US dollar- raising questions about where it will stand in the years to come and how its continued decline will impact the American people. Professor Richard Wolff weighs in.Read more
Article by Richard Wolff
"For defenders, placing adjectives before the word “capitalism” removes its core “relations of production” from criticism. The focus of analytical attention becomes the adjective, not the noun."
[S11 E03] New
On this week's show, Professor Wolff explains where the government is respected and empowered, nations have effectively contained the Covid-19 pandemic...READ MORE
Richard Wolff joins the KPFA Evening News to discuss the issue with Biden's approach to the $1.9 trillion relief package being too little, too late. "What is being proposed doesn't even do something like what Roosevelt did in the Great Depression which didn't have a public health disaster at the same time."Read more
Prof Wolff joins RJ Eskow on The Zero Hour to discuss the curated hatred of the American government and how to fight it.
"There is a fundamentalist economic belief that somehow everything done by the private sector is good productive profitable and efficient and everything done by the government is the opposite. This is total nonsense, has always been nonsense, and is refuted both theoretically and empirically. But as we know with fundamentalism in other areas, evidence and factuality don't really make much difference if there's a need to believe it. And the private sector in this country has been able to develop a hostility to the government that allows them to be deregulated in ways that are very very profitable for them." - Richard Wolff
Prof Wolff joins Thom Hartmann to discuss his ideas to help Americans and the American economy: (1) a federal jobs program, (2) a wealth tax on stocks and bonds, (3) the development of a worker cooperative sector in the US.Read more
What kind of impact could a Biden administration have on markets and individual sectors in the coming years? Richard Wolff joins Boom Bust to analyze what could lie over the horizon.Read more
[S11 E02] New
This week, Professor Wolff gives updates on President-elect Biden's economic advisor "team", how Argentina's women's movement leads the defeat of the government and Roman Catholic Church oppositions to win legalized abortion and now targets other basic social changes, and how the deepening inequality of US wealth and income cause and reflect the growing gap between stock market prices and the depressed Main street US economy. The second half features an interview with Noam Chomsky on political and economic realities and possibilities facing us in 2021.
In the fallout from the Capitol Hill riot that left five people dead, many major corporations have begun to cut ties with President Trump. Professor Richard Wolff of the Economic Update joins the Boom Bust to lay out the recent corporate decisions and what it could mean for Donald Trump after his term is over.Read more
On this week's episode of The Socialist Program's regular segment "Capitalism in Crisis" with Prof. Richard Wolff, we discuss the role played by economic factors in the growth of fascist movements. Brian and Prof. Wolff discuss how the core features of capitalism provide fascism with an opportunity to rise and take power.
Prof Wolff joins The Jimmy Dore Show to talk about how the Capitol insurrection was caused by the failure of capitalism and more.Read more
Professor Richard Wolff of the New School joins us to answer this question. You’ve probably heard that “capitalism has reduced global poverty by 90 percent.” It’s a line frequently parroted by capitalism’s most enthusiastic promoters. But there’s a problem with those claims: they’re either misleading or outright false. Wolff breaks it down.Read more
Prof. Richard Wolff speaks with Brian Becker on The Socialist Program about Marx and the Marxist analysis of the fundamental features of capitalism. Marx's assessment of the laws of capitalism were written more than 150 years ago, but they are spot on in their description of modern day capitalism and explain why millions of people are turning toward socialism with a renewed interest in Marx.
Prof Wolff joins the South Korean TV program Global Insight to discuss how inequality will get far worse if post-COVID economies keep capitalism.Read more
And as the global supply chain has been rattled by the coronavirus outbreak, several Asian nations have banded together in the world's largest trade agreement. Professor Richard Wolff analyzes the RCEP trade deal and what it means for both Asia and across the Pacific.Read more
With a fresh post-Brexit trade deal sealed with the United Kingdom, the European Union has also secured a major flow of investment from China as the year winds to a close. Professor Richard Wolff offers insight on the measure, and break down China's path to being the world's largest economy.Read more
Prof Wolff joins Boom Bust to comment on Congress finally passing a coronavirus relief package, and that the executive branch could throw a curve ball.Read more