Economic Update: Private Profits vs Public Treasure with Eleanor Goldfield

[ S13 E35 ] New

In this week's Economic Update episode, topics include the successful unionization efforts at Starbucks stores across the U.S., challenges within the British university system, the United Auto Workers (UAW) gearing up for negotiations, and the vital importance of preserving the Redwood forests, featuring an interview with filmmaker and activist Eleanor Goldfield. These discussions shed light on workers' rights, education, labor solidarity, and environmental conservation. Read More

AI: Profit vs. Freedom

Article by Richard D. Wolff

"Artificial Intelligence (AI) presents a profit opportunity for capitalists, but it presents a crucial choice for the working class. Because the working class is the majority, that crucial choice confronts society as a whole. It is the same profit opportunity/social choice that was presented by the introduction of robotics, computers, and indeed by most technological advances throughout capitalism’s history. In capitalism, employers decide when, where, and how to install new technologies; employees do not. Employers’ decisions are driven chiefly by whether and how new technologies affect their profits."

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Project Censored: Empowerment Beyond the Strike

In this interview with Prof Wolff on the Project Censored radio show, the discussion focuses on two-tiered worker systems in various industries, the implications for both corporations and workers, and recent strikes and labor union tactics. The conversation also touches on the potential for worker cooperatives to empower employees and reshape workplace dynamics.

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The David Lin Report: The Great Capitalism Vs. Socialism Debate - Arthur Laffer & Richard Wolff

Prof Wolff debates Arthur Laffer on the David Lin Report in a discussion comparing capitalism and socialism in the context of the U.S. economy. They explore topics such as economic performance, income inequality, taxation, and government intervention. Wolff emphasizes the need to question the organization of workplaces, while Laffer advocates for low taxes, sound money, and free trade as solutions to economic challenges. The debate centers on the role of government and the effectiveness of different economic systems.

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The Backstory: Auto Worker Strike and the Fight for Fair Wages

Prof Wolff joins The Backstory in a discussion about the ongoing auto worker strike, highlighting income inequality, economic crashes, and rising inflation as key concerns. Workers are demanding cost-of-living pay raises, reflecting a broader movement for change in the capitalist system.

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The Socialist Program: Inflation and the Next Crash

Prof. Wolff and Brian Becker discuss the criminal inaction of the White House and Congress against inflation and the rising costs of basic goods we need to live.


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Dialogue Works: Obsolete Notions of Capitalism and Socialism

Prof. Wolff joins Dialogue Works to discuss the evolving concept of socialism in the 21st century, emphasizing the shift away from traditional definitions. Instead, the focus is on transforming workplaces into democratic communities, where every worker has an equal say in decision-making. This vision of socialism, centered on workplace democracy, is gaining traction as the defining aspect of socialism in the future, irrespective of geographical boundaries.

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Dialogue Works: China's Hybrid Economic System and Its Achievements

Prof. Wolff joins Dialogue Works to delve into the intricacies of China's economic evolution, delving into the multifaceted nature of China's socialist-inspired, market-driven economic model. Examining its historical roots, unique blend of state intervention and private enterprise, and its global impact, Prof. Wolff provides valuable insights into the dynamics shaping the future of socialism and the complex backdrop of China-U.S. relations in a rapidly changing world.

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Zero Hour: A Radical Rethink of the Housing Crisis

Prof Wolff joins Zero Hour with RJ Eskow to discuss the ongoing housing crisis in the United States, shedding light on the systemic issues plaguing the housing market and advocating for a government-led approach to address the issue.

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Dialogue Works: The G20 Summit Dominated by the Presence of an Absence

Joining Dialogue Works, Prof Wolff delves into the G20 Summit's outcomes and missed opportunities, as well as the absence of the leaders of Russia and China.

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The Socialist Program: STRIKE! Autoworkers Are Ready!

Prof Wolff and Brian Becker engage in a discussion about the impending possibility of a massive strike. The contract for approximately 150,000 United Auto Workers (UAW) members is scheduled to expire this Thursday, and the union members are steadfastly demanding fair compensation and protection against mass layoffs. However, the Big Three auto giants – Ford, General Motors, and Stellantis – have yet to reach an agreement with the UAW, intensifying concerns about a potential labor action.

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Economic Update: Profit & Inequality: Two Driving Forces of Capitalism

[ S13 E34 ] New

Updates on economists favoring rent control, leading global capitalists resent/resist US's China-bashing, urgent drug shortages in US and a public pharma industry. Major discussion of causes of rising US economic inequality since 1960s and its socially explosive political effects. Read More

Dialogue Works: The US Economic War on China and BRICS

Prof Wolff and Dialogue Works discuss the ongoing economic conflict between the United States and China, offering valuable insights into the global implications, China's unique economic system, and the need for fresh approaches in today's evolving world.

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The KPFA Evening News – August 27, 2023

Prof Wolff joins the KPFA Evening News to weigh in on federal reserve chairman Jerome Powell's speech at Jackson Hole.

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The Socialist Program: How Can the Labor Movement Keep up the Momentum?

On this episode Walter Smolarek and Prof. Wolff mark Labor Day with a discussion on how workers are fighting back with intensity not seen in many years. From UPS to academic workers to writers and actors, major labor struggles have been erupting nationwide in a revolt against mounting inequality and corporate greed. And the next major fight on the horizon is a potential strike at the Big Three automakers.

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Twenty-First Century Socialism: What It Will Become and Why

Article by Harriet Fraad and Richard D. Wolff

The real left is not the caricature crafted by the U.S. right. Alongside parallel right-wing political formations abroad, that caricature tries hard to revive and recycle Cold War demonizations no matter how far-fetched. Nor is the real left what Democratic Party leaders and their foreign counterparts try hard to dismiss as tiny and politically irrelevant (except when electoral campaigns flirt with “progressive” proposals to get votes). The real left in the United States and beyond are the millions who at least vaguely understand that the whole system is the core problem. As those millions steadily raise their awareness to an explicit consciousness, they recognize that basic system change is the needed solution.

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Dialogue Works: This is a Historical Shift

Prof Wolff joins Dialogue Works to discuss global economic shifts.

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The Socialist Program: BRICS Expansion Shakes Western-dominated World Order

Prof. Wolff joins Brian Becker to discuss the BRICS summit in Johannesburg, which resulted in the historic expansion of the bloc. With six new members, will the BRICS be able to mount a more formidable challenge to the dominance of Washington and Wall Street over international finance and diplomacy? What does this mean for the working people of the world?

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WBAI: Live on the Fly with Randy Credico

Prof Wolff joins Live on the Fly with Randy Credico for a discussion on the WBAI radio program. 

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Open Magazine: Expansion of BRICS - a huge setback to the world order dominated by the US

Thanks to six new members, BRICS represents more than half of the world’s population and 43% of global oil production

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The Socialist Program: Debt Is Crushing U.S. Workers

Prof. Wolff joins Brian Becker to discuss the alarming pace of rising defaults on auto loans as hundreds of thousands of consumers face mounting bills amid surging new car prices.

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Zero Hour: What Can the Trump Drama Teach Us?

Prof Wolff joins Zero Hour with RJ Eskow to discuss the Trump phenomenon in a larger, historical perspective: what does it mean?

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Dialogue Works: How did the Sanctions on Russia work?

Prof Wolff joins Dialogue Works to discuss the effects of the sanctions on Russia.

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Robinson's Podcast: What's Wrong With Capitalism?

Robinson and Prof Wolff discuss his criticisms of capitalism. They begin with why mainstream economists dismiss Marx and then move on to the basics of economics, the problems of our capitalist system, and the myriad social issues we face today.

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The Critical Hour: Trump Indictment, US Credit Rating

Richard Wolff joins Garland Nixon and Wilmer Leon on The Critical Hour to discuss this week's important stories. Former President Donald Trump has been indicted, the US credit rating has been lowered, and most Americans cannot cover a 400-dollar bill.
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