The Socialist Program: Billionaires Order Mass Layoffs of Tech Workers
Brian and Prof. Richard Wolff discuss the mass layoffs that billionaire CEOs at Meta (formerly Facebook), Twitter, Amazon, and others have begun. More than one hundred thousand workers are projected to lose their jobs this year just in the tech industry.
Read moreWorld Socialism Studies, No. 9, 2022 [in Chinese]
This interview has been published in Chinese in the World Socialism Studies, No. 9, 2022.
Read moreThe Socialist Program: Housing Market Whiplash Locks out Millions of Workers
Walter Smolarek and Prof. Richard Wolff discuss how huge numbers of people are being locked out of the housing market amid soaring interest rates and home prices, marking a dramatic reversal for millions of people who were hoping to buy their own home. With prices spiking for renters as well, the failure of the capitalist market to provide something as basic as affordable shelter is on display.
Read moreEconomic Update: Nomi Prins on the Distorted US Financial System
[S12 E44] New
In this week's show, Prof. Wolff talks about a new Congress report on huge US wealth inequality; Angela Merkel on relying on Russian oil and gas, the irrationality of 20,000 immigrants dumped on NYC, and Harvard exploiting its tax-exempt status. In the second half of the show, Wolff interviews Dr. Nomi Prins...READ MORE
Economic Update: Capitalism vs Socialism is NOT Markets vs Planning
[S12 E43] New
This week on Economic Update, Prof. Wolff shows how the economics of existing capitalist and socialist economies make use of both markets and planning. The opposition of markets and planning is largely false and has worked to distract students and observers of economic systems from better differentiations such as how they differently organize their workplaces: hierarchical in the case of capitalist, democratic...READ MORE
A Deficit Spending Scam Destroyed UK’s Prime Minister—Who’s Next?
Article by Richard D. Wolff
"Most of what passes as “the economic policy we need now” is really pleading by a self-interested employer class. Raising interest rates to fight inflation is the big example these days. Among the forms and fields of class struggle, debunking economic policies’ claims of being class neutral is an ongoing battle."
Read moreStatus Coup News: Biden Should Copy Nixon and PUNISH Corporate Price Gougers
Jordan Chariton talks with Richard Wolff about the Fed increasing interest rates again, and Biden's lack of leadership to fix inflation and an upcoming recession.
Read moreThom Hartmann: Can Nationalizing Corporations Save Our Economy & Planet?
On the Thom Hartmann program: Can we nationalize our oil companies? Professor Richard Wolff explains what that means and why nationalization isn't the fringe idea many thought it was.
Read moreThe Socialist Program: The Reign of King Elon Musk Begins at Twitter
Brian Becker and Prof. Richard Wolff discuss how Elon Musk became the new owner of Twitter. The widely-hated billionaire immediately began to prepare layoffs, reportedly starting with the mass firing of a quarter of all employees at the company. Under the dictatorship of the rich, one of the main ways that people in society communicate with each other can become the private possession of a single ultra-wealthy capitalist.
Read moreMarxism for this Moment - A conversation with Richard Wolff & David Harvey
A conversation with Richard Wolff & David Harvey
Marxism is essential to understanding capitalism- but many don’t know what Marxism is or how it could inspire a better world. To help spread Democracy at Work’s message that we can do better than capitalism, we’re hosting a ticketed fundraising event on November 18th when Richard Wolff and David Harvey will discuss the power of Marxism for this moment.
Read moreEconomic Update: Ana Kasparian on Today's US Crisis
[S12 E42] New
In this week's show, Prof. Wolff discusses US sanctions against Chinese semiconductor chip makers, OPEC+ cuts oil production by 2 million barrels per day boosting inflation, desperate UK conservatives abandon Brexit scapegoat to cozy up to Europe, and what US might do to solve "labor shortages." In the second half of the show, Wolff is joined by Ana Kasparian, host of The YoungTurks...READ MORE
Zero Hour: Britain's Chaos, America's Future?
Prof Wolff joins Zero Hour with RJ Eskow to discuss: Britain's Chaos, America's Future?
Read moreThom Hartmann: Is Fed Chair Driving Workers Into Poverty?
Richard Wolff joins Thom Hartmann to discuss how even owning a car, could become a luxury American workers can't afford.
Read moreThe Socialist Program: U.S. steps up high-tech economic war with China
Walter Smolarek and Prof. Richard Wolff discuss how demonization of China has gone into overdrive as the country chooses its new leadership, and how a key component of this has been increasingly strident advocacy for so-called “economic decoupling” from China. And in fact, just ahead of China’s Communist Party congress, the U.S. government unveiled a harsh blow to a critical sector of trade.
Read moreRising Up With Sonali: Why Trussonomics Failed
On Pacifica KPFK/KPFA's Rising Up With Sonali, Prof Wolff joins to discuss the reasons behind the resignation of British Prime Minister Liz Truss after a mere 45 days in office.
Read moreThom Hartmann: Could Russia Destroy US Economy?
On the Thom Hartmann program: Enjoy the low gas prices, low rent and low grocery costs while you can. If BRIC countries, Brazil, Russia, India and China join forces to take down the US dollar they might be able to take down the entire US economy.
Read moreEconomic Update: Means TV - An Anti-Capitalist Netflix
[S12 E41] New
In this week's show, Prof. Wolff discusses global capitalism's "perfect storm" (inflation + rising interest rates + reduced production = "stagflation"); 1000 SFO food workers strike and win; FedEx reinforces "stagflation" predictions, and hurricane Ian confirms system's failures to plan for predictable disasters to lessen their costs and impacts. In the second half of the show, Wolff interviews Nick Hayes of Means TV...READ MORE
Mexie: Inflation, Imperialism & Worker Resistance
On with Mexie, Prof Wolff discusses inflation, imperialism, worker resistance and more.
Read moreCapital.com: Could Housing Crash the Global Economy? | Richard Wolff vs. David Woo
Could housing crash the global economy? Prof Wolff discusses with former Wall Street strategist David Woo.
Read moreOrganize Amazon MQY1: Amazon Unionization Drive in Mt. Julien TN
Professor Wolff speaks with those involved in the union drive at the Amazon facility MQY1, located in Mt. Juliet, TN.
Read moreEconomic Update: The Economics of Colonialism Part 2 - The Neo-colonialism Variation
[S12 E40] New
In this week's show, Prof. Wolff presents a brief summary of last week's Part 1 as basis for analyzing how WW2 provoked the political independence struggles that changed colonialism into neo-colonialism; how and why political independence is not, by itself, a break from colonialism; why neocolonialism lasts into the present and positions a rich minority of each former colony as the ally, collaborator, and agent of continued entrapment of...READ MORE
India & Global Left: A Left take on the US economy, and war in Ukraine
Prof Wolff joins the show India & Global Left to discuss 'why Marxism?', the US Fed interest rate hike, the US labor movement, the war in Ukraine and more.
Read moreThom Hartmann: Does CPI Expose How The Rich Profit Off Inflation While You Get Poorer
On the Thom Hartmann program: Are the rich getting richer from causing inflation while most Americans get poorer? Grocery prices are rising, rent, fuel cost and soon inflation will get so bad you many Americans will stop getting loans for cars, loans for college and stop spending much money at all. The Consumer Price Index (CPI) is due this week and the Producer Price Index (PPI) has just been published. These both seem very dull, but the way they affect you can be dramatic. It’s called inflation. The effect on your pension fund could mean that wages are reduced, meaning you may have less to live on in your old age. Say goodbye to retirement. How important it is to keep a watch on the CPI and PPI? Why are employers shifting the blame to wages?
Read moreThe Socialist Program: Bankers & The Fed Push the Economy Toward a Recession—But It's Workers Who Will Feel the Pain
Brian Becker and Prof. Richard Wolff discuss the International Monetary Fund predicting a worse economy in 2023 and the illuminating comments from CEO Jamie Dimon of JP Morgan Chase, the largest US investment bank. Bankers like Dimon and The Fed (made up of majority bankers) are pushing the economy toward the brink, despite the crisis this will cause for workers and families nationwide.
Read moreEconomic Update: The Economics of Colonialism Part 1 - The British Empire
[S12 E39] New
This week's show focuses on an analysis of capitalist colonialism that begins with the passing of Queen Elizabeth as a monument to the passing of the British Empire itself. Wolff discusses the differences between pre-capitalist and capitalist colonialism, the goals of capitalist colonialism, the development of...READ MORE