Status Coup News: "Bidenomics" Propaganda, Obama Warns Biden

Prof. Wolff joins Jordan Chariton to discuss the economic reality facing Americans, and to discuss Obama's warning for Biden.

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The Socialist Program: "Bidenomics"?? The Real Record of Biden’s Policies for the Working Class

Walter Smolarek and Prof. Richard Wolff discuss "Bidenomics", Biden's real economic record, and why his policies are so harmful. What has "Bidenomics" meant for the working class?

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MOATS: The US Hegemonic Rule Is Part of The Past

Prof Wolff joins the Mother of All Talk Shows with George Galloway to discuss the unattainable goal of favoring the East through economic shifts, while also highlighting the disastrous consequences of engaging in a war with China, which could potentially lead to nuclear conflict.

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KPFA Special: The Economy and the Current Political Landscape

Prof Wolff joins a KPFA special episode on Letters & Politics with Mitch Jeserich to discuss the economy and the current political landscape.

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The Socialist Program: Affirmative Action for Lazy, Bored Rich Kids

Brian and Prof. Wolff discuss the new study showing that elite schools enroll wealthy students far more than the rest of us.

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Zero Hour: If the Economy’s So Good, How Come I Feel So Bad?

Prof Wolff joins Zero Hour with RJ Eskow to discuss the juxtaposition between the reported positive state of the economy and people's negative experiences.

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The Left Lens: China, BRICS, and the Decline of the American Empire

Prof Wolff joins the Left Lens program with Danny Haiphong to discuss the rise of China, BRICS, and how an emerging new world economy is putting an end to the delusions of the US empire.

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Is Capitalism Leaving the U.S. in Search of Profit?

Article by Richard D. Wolff

"The contradictions of China-bashing in the United States begin with how often it is flat-out untrue. The Wall Street Journal reports that the “Chinese spy” balloon that President Joe Biden shot down with immense patriotic fanfare in February 2023 did not in fact transmit pictures or anything else to China. White House economists have been trying to excuse persistent U.S. inflation saying it is a global problem and inflation is worse elsewhere in the world. China’s inflation rate is 0.7 percent year-on-year. Financial media outlets stress how China’s GDP growth rate is lower than it used to be. China now estimates that its 2023 GDP growth will be 5 to 5.5 percent. Estimates for the U.S. GDP growth rate in 2023, meanwhile, vacillate around 1 to 2 percent."

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It’s Hard for Americans to Engage in China-Bashing Without Tripping on Contradictions

Article by Richard D. Wolff

"The contradictions of China-bashing in the United States begin with how often it is flat-out untrue. The Wall Street Journal reports that the “Chinese spy” balloon that President Joe Biden shot down with immense patriotic fanfare in February 2023 did not in fact transmit pictures or anything else to China. White House economists have been trying to excuse persistent U.S. inflation saying it is a global problem and inflation is worse elsewhere in the world. China’s inflation rate is 0.7 percent year-on-year. Financial media outlets stress how China’s GDP growth rate is lower than it used to be. China now estimates that its 2023 GDP growth will be 5 to 5.5 percent. Estimates for the U.S. GDP growth rate in 2023, meanwhile, vacillate around 1 to 2 percent."

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Market Fundamentalism’ Is an Obstacle to Social Progress

Article by Richard D. Wolff

"A changing world order, a shrinking U.S. empire, migrations and related demographic shifts, and major economic crashes have all enhanced religious fundamentalisms around the world. Beyond religions, other ideological fundamentalisms likewise provide widely welcomed reassurances. One of the latter—market fundamentalism—invites and deserves criticism as a major obstacle to navigating this time of rapid social change. Market fundamentalism attributes to that particular social institution a level of perfection and “optimality” quite parallel to what fundamentalist religions attribute to prophets and divinities."

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The Debt Ceiling Debate Is A Massive Deception Against The Public

Article by Richard D. Wolff

"Future historians will likely look back at the debt ceiling rituals being reenacted these days with a frustrated shaking of their heads. That otherwise reasonable people would be so readily deceived raises the question that will provoke those historians: How could this happen?"

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The Critical Hour: Weekly News Wrap Up

Richard Wolff joins Garland Nixon and Wilmer Leon on The Critical Hour to discuss the economic stories for the week. Americans are using "buy now pay later" apps to purchase groceries. US consumerism is struggling against the neoliberal impoverishment of the working class.
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Zero Hour: Consumerism, Fetishism, and the Opiate of the Masses

Prof Wolff joins Zero Hour with RJ Eskow to discuss: Consumerism, Fetishism, and the Opiate of the Masses

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The Socialist Program: Imperialism, China, and the World Economy

Brian and Prof. Wolff discuss the decline of the U.S. world order and economic domination, as BRICS economies overtake those of the G7.

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The Socialist Program: Capitalists Wage War on Nature

Brian and Prof. Wolff discuss the massive wildfires in Canada that blanketed the East Coast in a haze of smoke for days. As the climate crisis intensifies, hazardous conditions are set to become more and more common in every part of the world. But for the capitalists, the only thing that matters is that their employees keep coming in to the job, regardless of the severe health dangers. Without workers working, the capitalists make zero profits.

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Guerrilla History: Sanctions & Dedollarization + Cornel West Chat

Prof Wolff joins Guerilla History to continue their discussions about the process of dedollarization and specifically focusing on how this process will impact the United States's ability to sanction anyone they see fit as they see fit, as well ass have a brief discussion of Cornel West's Presidential bid.

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The David Lin Report: New Global Currency Born As Dollar Dies, Capitalism ‘Abandons’ Declining U.S. Empire

Prof Wolff joins David Lin to discuss the decline of the American Empire, the gradual process of de-dollarization around the world, and the faults of capitalism in our society.

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The Socialist Program: Biden & Republicans Unite Against the Poor and the Environment

Brian Becker and Prof. Richard Wolff discuss how Joe Biden and Speaker of the House Kevin McCarthy have unveiled a “debt ceiling” agreement involving major attacks on workers and the environment. The two are now racing to push through Congress a deal that would see stepped up production of fossil fuels, cuts to food stamps, and the rollback of vital services – all while making it easier for the rich to evade taxes and exempting the Pentagon from any spending limits.

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The World Economy Is Changing—the People Know, But Their Leaders Don’t

Article by Richard D. Wolff

"The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies grew faster than the G7 economies. Now a third of total world output comes from the BRICS countries while the G7 accounts for below 30 percent. Beyond the obvious symbolism, this difference entails real political, cultural, and economic consequences. Bringing Ukraine’s Zelenskyy to Hiroshima to address the G7 recently failed to distract the G7’s attention from the huge global issue: what is growing in the world economy vs. what is declining..."

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The Socialist Program: First Republic Bank Rescue & Secret Collusion Between the Government and Wall Street's Biggest Banks

Brian and Prof. Richard Wolff discuss the third bank failure in two months. First Republic collapsed Monday, a sure sign that the financial system is still in huge turmoil. Then JPMorgan Chase bought the bank's assets for a bargain. What does this say about the economic system and what does it mean for the rest of us?

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Guerilla History: Dedollarization & the Petrodollar

Prof Wolff joins Guerilla History to discuss: the process of dedollarization, its impact on the Petrodollar, and how these play into geopolitics more broadly including the ability of the US to sanction whomever they wish - processes that we need to continue keeping an eye on.  

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Economic Update: The Emerging New World Economy: A New Empire, a Multipolar World, or a Post-Capitalist System

[S13 E17] New

Four key changes drive a new world economy emerging from the old. First is capitalism's transition from neoliberal,globalizing to nationalistic capitalism. This includes the shift of capitalism's center from western Europe and the US to Asia and the global south and also includes the deepening economic inequality inside most nations. Second is the end of the stale, old debate between private and state capitalism (misnamed as capitalism vs socialism) in favor of private + state capitalism hybrids. Third is the post-peak decline of the US empire. Fourth is the urgent question of what comes next: a new empire, a multipolar world, or a new post-capitalist system that replaces...READ MORE


By Any Means Necessary: US Empire Declines as Contradictions of Capitalism Intensify

Prof Wolff joins By Any Means Necessary on Radio Sputnik to discuss House Republicans’ proposal on conditions for raising the debt ceiling and how the debt ceiling political debate demonstrates the unity of both political parties, the ongoing inflation issue and why the assertion that workers’ wage growth is responsible for it ignores price gouging by corporations, and how recent events in the conflict in Ukraine are marking a global shift in the political and economic order.

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Zero Hour: The Sickness of 'Artificial Intelligence'? The System.

Prof Wolff joins Zero Hour with RJ Eskow to discuss: The Sickness of 'Artificial Intelligence'? The System. 

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The Emerging New World Economy

Article by Richard D. Wolff

"The emerging new always both frightens and inspires the fading old. History is that unity of opposites. Sharp-edged rejections of what is new clash with enthusiastic celebrations of it. The old gets pushed away even as bitter denials of that reality surge. The emerging new world economy displays just such contradictions. Four major developments can illustrate them and underscore their interactions..."

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