The Socialist Program: Queens, Kings and Capitalism
Walter Smolarek and Prof. Richard Wolff discuss how the corporate-owned media has been consumed with wall-to-wall coverage of the death of the Queen, fawning over the British monarchy. But the lifestyle that’s being celebrated is one based on plunder and empire. While their “subjects” live in poverty, the royals live a life of total luxury – all because they were lucky enough to be born into the right family.
Read moreEconomic Update: Record Homelessness Defies US "Solutions"
In this week’s show, Prof. Wolff gives updates on China's changed global economic strategy, California's struggle over higher minimum wages, Boston Mayor siding with Starbucks' strikers, and “regulatory capture" issue again as Philip Morris hires top FDA tobacco scientist. In the second half of the show, Wolff interviews Rob Robinson...READ MORE
Yes! Magazine: The Past, Present, and Future of Work
Prof Wolff is interviewed for the Yes! Magazine article: "The Past, Present, and Future of Work", by Chris Winters.
“Marx’s point (one of many) was that slavery, feudalism, and capitalism have something very similar in common. In all of those systems, a very small number of people are in the catbird seat,” says Richard Wolff, professor emeritus of economics at the University of Massachusetts at Amherst and a visiting professor at the New School in New York City.
Read moreMintPress News: Inflation & Class War
On MintPress News: As the US and Europe are imperiled by an economic crisis, Lowkey and economist Dr. Richard Wolff discuss the links between the war in Ukraine, inflation and the class war at home.
Read moreThe Socialist Program: Sanctions Backfire: Europe Plunged into Energy Crisis
Walter Smolarek and Prof. Richard Wolff discuss how Europe has plunged into an even deeper energy crisis as Russia cuts off imports through the Nord Stream pipeline in response to western sanctions. While US and European leaders pledged that sanctions would quickly bring the Russian economy to its knees, is the reality in fact the opposite?
Read moreThe Hill: Rising: WORKING CLASS Suffers Most From Fed Interest Rate Hike As Housing Market TAILSPINS
Prof Wolff joins Rising on The Hill TV to discuss troubling signs the housing market is posing in the U.S. economy, as the Federal Reserve has been raising interest rates.
Read moreZero Hour: Can the Rust Belt Be Saved?
Prof Wolff joins Zero Hour with RJ Eskow to discuss: Can the rust belt be saved?
Read moreThom Hartmann: Will The American Inflation Act Really Stop Inflation & Increase Wages?
Prof Wolff joins the Thom Hartmann program to discuss: Multi-billion dollar factories are being built across the US, helping employment and bringing manufacturing back home. Really? Take that with a huge bag of salt. What will happen? A continuing decline in good jobs and actual manufacturing is more likely.
Read moreThe KPFA Evening News (Sunday) – August 28, 2022 – Student Debt Relief
Prof Wolff joins the KPFA Evening News (Sunday) on August 28, 2022 to discuss student debt forgiveness and the economics of the higher education system.
Read moreEconomic Update: What is Communism?
[S12 E34] New
This program covers the origins, evolution, and current significance of "communism." After a brief history of communism as a utopian ideal of community, we treat Marx's presentation in the Communist Manifesto, and then communism's subordination to "socialism" to World War 1. That War changed everything. It split socialists everywhere into a Socialist Party and a Communist Party with key differences but also commonalities. When most European communist parties collapsed...READ MORE
Behind the ‘Economic Policy’ Façade, It’s Class War
Article by Richard D. Wolff
"Class warfare lies behind how many politicians, mass media, and academics explain the economic problems requiring the solutions that their policies offer."
Read moreEconomic Update: Loneliness - Capitalism's Collateral Damage
[S12 E33] New
In this week’s show, Prof. Wolff presents updates on record homelessness in New York City, rapidly rising US household debt as recession looms, Washington retreats from globalization to economic nationalism, and 2.2 million in US lacking running water. In the second half of the show, Wolff Interviews Dr. Harriet Fraad...READ MORE
DSA International: The War in Ukraine, Impacts and Perspectives: Women, Workers, and Global South
Prof Wolff joined a panel presented by DSA International to discuss the war in Ukraine and its impacts on women, workers, and the global south. Panelists included:
-Olena Lyubchenko (Ukraine)
-Yurii Sheliazhenko (Ukraine)
-Richard Woff (US)
-Sopo Japaridze (Georgia)
-Pawel Wargan (Poland)
-Vijay Prashad (India)
WHMP The Afternoon Buzz: Capitalism and Markets
Prof Wolff joins The Afternoon Buzz on WHMP Radio on 8.22.22 to discuss his latest article: The Truth About Markets.
Read moreBy Any Means Necessary: Biden’s Inflation Reduction Act Is Too Little, Too Late
In this episode of By Any Means Necessary, hosts Sean Blackmon and Jacquie Luqman are joined by Prof Wolff, to discuss the recently passed Inflation Reduction Act and why it is too little and too late to do anything for working and poor people, and more.
Read moreThe Socialist Program: How U.S. Capitalism Buries Students in Debt
Walter Smolarek and Prof. Richard Wolff discuss the student debt crisis. With an announcement expected imminently on the fate of the national freeze on student debt payments, pressure is mounting on the Biden administration to not only extend the moratorium, but also cancel a substantial amount of the crushing debt burden tens of millions of people in the United States are under. How did we end up in a situation where borrowers have accumulated over $1.7 trillion in debt just because they wanted to get an education?
Read moreEconomic Update: Recession - Capitalism's Failure Invites System Change
[S12 E32] New
In this week's show, Prof. Wolff defines recession and shows its relation to inflation and stagflation in their respective roles within capitalism's inherent instability. Rooted in the structure of capitalism, recessions represent both costly burdens on employers and employees alike and also strong incentives to question, challenge, and go beyond...READ MORE
Thom Hartmann: Why The Rich FEAR Unions
StarBucks workers are unionizing, so are Amazon workers, your work place just had a union meeting as you read this. Trade unions are a way for workers to stop exploitative labor practices, fight for better wages or benefits and exercise workplace democracy... so why are capitalists treating unions like the Big Bad Wolff?
Read moreThe Socialist Program: Evictions, rising rents and unaffordable homes: Capitalist housing market a total failure
Walter Smolarek and Prof. Richard Wolff discuss the housing market as the Federal Reserve-induced economic downturn takes shape. The situation is rapidly deteriorating for both renters and prospective home buyers, with evictions on the rise, prices rising and interest rates spiraling out of control.
Read moreEconomic Update: The Deepening Fragility of US Power
In this week’s show, Prof. Wolff presents updates on successful unionization at Trader Joe’s, lottery tickets as disguised regressive taxation, gasoline inflation brings record profits to big oil companies, and pharmaceutical industries' ad campaign to...READ MORE
The Truth About Markets, Pillar of Capitalist Ideology
Article by Richard D. Wolff
"As capitalism sinks into ever deeper trouble, it is time to topple false Gods as part of the process of finding our way to better institutions, and indeed to a better system."
Read moreStatus Coup: Richard Wolff DEBUNKS "Historic" Economic Recovery, Inflation Reduction Act
On Status Coup with Jordan Chariton, Richard Wolff joins to debunk the "Historic" Economic Recovery, Inflation Reduction Act.
Read moreZero Hour: Prof. Richard Wolff on Invisible Crisis – and Rays of Hope
Prof Wolff joins Zero Hour with RJ Eskow to discuss invisible crisis -- and rays of hope.
Read moreThom Hartmann: The Economics Fueling Fascist Unrest
On the Thom Hartmann program: Trump's fascist supporters are pushing for civil war but there is an underlying economic strife behind the fascist civil war plans, Richard Wolff exposes how the economic roots of the oncoming civil war.
Read moreThe Socialist Program: High Prices, Low Wages: The Senate's New Inflation Act Is Class Warfare
Brian and Prof. Richard Wolff analyze the Senate's spending bill entitled the "Inflation Reduction Act" for the effect it could have on inflation. It falls far short of what’s desperately needed to address the overlapping crises causing so much suffering for working people.
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