Boom Bust: The Chinese housing sector
The Evergrande saga has seen a new development as it has met a crucial debt deadline, but has the move assuaged investors? Professor Richard Wolff offers his analysis of the Chinese housing sector on Boom Bust.
Read moreAJ+: Why The Stock Market Is NOT The Economy
Prof Wolff joins a video for AJ+: Ever wonder how billionaires got so much richer during the pandemic while you and people you know struggled? Well, chalk it up to the stock market. Just 10% of Americans own 90% of stocks – so it's easy to see why the vast majority of people don't benefit from the market's gains when it performs well. So how exactly does the stock market work, who controls it and who wins out?
Read moreUnderstanding the Basics of 21st-Century Democracy, Autocracy, and Capitalism
Article by Richard D. Wolff
"If we define capitalism in terms of the employer-employee internal structure of its enterprises—what Marx termed their “social relations of production”—most socialisms to date have not yet accomplished transitions beyond capitalism. To do that, they would have to change the prevalent internal organization of their enterprises to democratic worker cooperatives. Indeed, that has now become the task for 21st-century socialism."
Read moreNews with Rick Sanchez: Richard Wolff rages at Dems' tax 'gift' to the rich
Democrats in Congress have proposed a drastic revision to President Biden’s original tax reform proposal, with a capital gains tax rate of 25 percent instead of 40 percent. Professor Richard Wolff joins Rick Sanchez to share his thoughts. He calls the change a “pathetic caving-in of the Democratic Party” and says that it proves the super-rich and corporations dominate both major US political parties.
Read moreInQuestion: HUD sells houses in flood zones
In a recent investigative report, NPR found that the Department of Housing and Urban Development (HUD) knowingly sold homes to the poor and working class in known flood zones. Places like Florida, Louisiana, Mississippi and even Hawaii where flooding is a real threat. HUD sold homes without proper disclosure to the buyers of the risk. For an agency intended to assist low-income buyers in achieving the so-called American dream of home ownership, the government has failed these buyers.
Read moreThe KPFA Evening News (Sunday) – September 12, 2021
Prof Wolff joins KPFA Evening News.
Read moreThe Socialist Program:Grand Theft Banks: How the Government Funds Wall Street
On this episode of The Socialist Program, Prof Wolff joins to discuss one of the key ways that the biggest capitalist enterprises receive huge government assistance -- quantitative easing. This policy, carried out by central banks, has been the subject of major debate in recent weeks. What is quantitative easing, and is it going away any time soon?
Read moreEconomic Update: Occupy Wall Street: Analysis and Legacy
[S11 E35] New
This program is devoted to Occupy Wall Street (OWS) on its 10th anniversary. Prof. Wolff discusses OWS as a historic turning point, as legacy for the US left, and his personal experience. Wolff presents OWS's 4 basic causes...READ MORE
Thom Hartmann: Why There Is Nothing New or Liberal about Neoliberalism
Neoliberalism is not what it sounds like, it is much worse. Thom and Prof Richard Wolff discuss neoliberalism and what can be done to undo the damage from it.
Read moreBoom Bust: China's Search for Alternative Aluminum
In the wake of Guinea's unrest rocking aluminum markets, could we soon see China looking elsewhere for its supply? Professor Richard Wolff joins Boom Bust to discuss the possibility of a new era of relations with Australia.
Read moreThe Socialist Program: Socialism or Capitalism: Millions of Unemployed Workers Lose their Benefits
Brian and Prof. Wolff discuss the state of unemployment in America. Politicians and the media talk constantly about the post-COVID economic recovery, but last month’s weak jobs report suggests that workers are still in the midst of crisis. And despite this dire situation, the unemployment relief programs passed at the onset of the pandemic have now expired. On The Socialisti Program with Brian Becker.
Read moreEconomic Update: The Rational and Irrational in Anti-Vaxxers
[S11 E34] New
On this week's show, Prof. Wolff presents updates on the complexities of anti-vaccination movements, the long decline of religion in US capitalism, Disneys’s shift to serve the richest, lessons from AFL-CIO chief Richard Trumka's leadership, and failures of GOP, Dem leaders to stop last 75 years ...READ MORE
The Critical Hour: Weekly News Roundup; Tens of Millions in US Face Loss of Jobless Benefits and Eviction
Thom Hartmann: The Economics of Criminalizing Abortion Exposed
On the Thom Hartmann Program: Outlawing abortion is more dangerous than the GOP wants you to think... Thom and Prof Richard Wolff explore the economics of women not having access to abortions.
Read moreBoom Bust: Zelensky Visits the White House & Biden Touts End of "Nation-Building"
Ukrainian President Volodymyr Zelensky is in Washington D.C. as part of a visit to discuss the Nord Stream 2 Pipeline with U.S. leaders. Boom Bust's Ben Swann lends his insight to the visit and what issues are being covered in the talks. The meeting comes just one day after President Biden has announced that the U.S. is done with nation-building. Professor Richard Wolff analyzes the fallout from the conflict and just how much the U.S. has spent on the war.
Read moreThe Socialist Program: Time to Abolish the Supreme Court? Why “Private Property” Should Not Be Supreme
Brian Becker and Prof. Richard Wolff discuss the Supreme Court ruling overturning the federal eviction moratorium and putting 11 million people at risk of being thrown onto the streets in the middle of a pandemic. The rationale used by the court to issue this cruel edict is the essence of capitalism -- protect property owners’ “right to exclude” at all costs. On The Socialist Program.
Read moreEconomic Update: 20 Years after 9/11, the U.S. is still a "Stuck Nation"
[S11 E33] New
On this week's show, Prof. Wolff presents updates on Alabama miners' strike, how China's focus on reducing inequality affects competition with the US, and the economics of the "right to repair" consumers' movement in the US...READ MORE
Economic Update: Extremes of Rich & Poor in U.S. Capitalism
[S11 E32] New
This week on Economic Update, Prof. Wolff discusses the new US program for monthly child benefits; why Covid strengthens some and divides other nations; the myth of "labor shortage;" the real cost of ultra-luxury cruises; Uber and sexual assaults; and lastly, the outsized US costs of healthcare...READ MORE
Status Coup News: Richard Wolff DEBUNKS Economic Comeback Nonsense
Jordan speaks with Professor Richard Wolff about the propaganda being pushed by corporate media that the economy is roaring back on Status Coup News
Read moreBad Faith: Chris Hedges & Richard Wolff: Have Bernie, the Squad, & the Institutional Left Failed Us?
On this special 100th episode of Bad Faith podcast with Briahna Joy Gray, Chris Hedges and Prof Wolff discuss the "institutional left".
Read moreThe World According to Jesse: Road to Economic Recovery
In this segment on the World According to Jesse, Professor Richard Wolff talks about inflation and the road to economic recovery.
Read moreBoom Bust: Oil, Bitcoin Rally on Optimism & Kamala Harris Visits Vietnam
Boom Bust covers Southeast Asia, where U.S. Vice President Kamala Harris is touring the region. Professor Richard Wolff joins the program to discuss her latest stop in Vietnam and analyzes the state of vaccine diplomacy around the world.
Read moreThe Socialist Program: Hunger Stalks America as Capitalists Cash in: Food, Farming and Capitalism (Part 3)
Prof. Wolff joins Brian Becker on The Socialist Program to continue a series on agriculture under capitalism with a focus on the hunger crisis in the United States. How is it possible that in the richest country ever tens of millions are deprived of something as basic as food?
Read moreTRANSFORM PODCAST: Transforming Capitalism, Part 1
Prof Wolff has a discussion with Marianne Williamson on TRANSFORM PODCAST for part 1 of Transforming Capitalism.
Read more