This article originally appeared at CommonDreams.org
Trump uses the fake news of “intellectual property theft” to justify his tariff war on China. He boasts that he is going to stop the Chinese stealing that victimizes Americans. In yet another way, he will be the savior of Americans’ economic future, a savior who needs/deserves their votes and donations. He takes his cues from the televangelists.Read more
Prof. Wolff joins Brian Becker and John Kiriakou on Loud & Clear to discuss the effects of the 2008 crash on American taxpayers and where we are a decade later.
This article was originally published at Truthout.org
With the Democratic Socialists of America now counting 48,000 people within its membership and socialist candidates such as Alexandria Ocasio-Cortez pushing for free universities and Medicare for All, Americans are once again discussing capitalism versus socialism. Fortunately, they are not doing so in the old Cold War manner of uncritically celebrating one while demonizing the other. Rather, it’s a debate over the choice Americans must make now between keeping capitalism or changing the system to some form of socialism. As debates often do, this debate awakens us to problems and differences in how we understand its basic terms. For clarity and to make progress in this important debate, we need to stop conflating “capitalism” with the market. This is done far too often and on all sides of the debate.Read more
Updates on new approach to Labor Day, DNC accepts fossil fuel donations, Turkey's crisis as typical capitalist instability, collapse of Genoa toll bridge, exploding gap between...READ MORE
This week on Economic Update, Prof. Wolff delivers updates on Missouri vote for union position, the irrationality of student debt, economic sanction of Iran isolates and costs U.S. for Trump political gains, Monsanto puts profits...READ MORE
This week on Economic Update, Prof. Wolff provides updates on how Trump's tariffs are affecting Americans jobs, shifting capitalist alliances don’t change the system, the Irish parliament’s decision to stop investing in fossil fuels, how Washington state...READ MORE
Prof. Wolff talks with French media outlet Le Media about what being a Marxist means in the US today.Read more
Prof. Wolff joins The Thom Hartmann Program to talk about Vienna's affordable housing model.Read more
We live in a democracy, right? How is it, then, that we’ve agreed to spend most of our waking hours within organizations that are not at all democratic? We may work within a benign dictatorship if we’re lucky, a tyrannical madhouse if we’re not, or, for most of us, a place that falls somewhere in between. It’s the exception, however, to work within an organization guided by worker-elected leaders toward mutually agreed upon goals--a democracy, in other words.Read more
Global Capitalism: Immigration and Trade War: The Economics of Desperation
These programs begin with 30 minutes of short updates on important economic events of the last month, then Prof. Wolff analyzes several major economic issues. For Julu 2018, these issues will include...READ MORE
Professor Wolff joins The Thom Hartmann Program to discuss the end of U.S. economic dominance and what that will mean for the economy!