In this EconoMinute, Prof. Wolff discusses the debt crisis facing Greece, its causes, the role the Greek government, financial...READ MORE
Economic Theorists: The High Priests of Capitalism
This article originally appeared at Truth-out.org.
People have always chosen among different co-existing economic theories to understand the world and to act within it. Who chooses which theory, consciously or not, shapes world history. Disagreements over Brexit emerged partly from different ways of understanding the British economy and its relation to Europe. Donald Trump's support grows partly out of economic theories different from those used by supporters of Hillary Clinton or Bernie Sanders. The last century's global politics swirled around quite different theories of the difference between capitalism and socialism. Political struggles often reflect clashing economic theories and political strategies often include making one theory dominant and marginalizing or silencing others.Read more
TRNN: "French Labor Law, Brexit, and Greek Austerity: Class War Against European Workers"
Prof. Wolff joins The Real News Network to discuss the class war waged on workers in Europe and the growing number of protests sweeping the continent, from France to Greece.Read more
Prof. Wolff on "Rising Up with Sonali: How Brexit Impacts Greece, Spain, And The US"
Prof. Wolff joins Rising Up's Sonali Kolhatkar to discuss the impact of Brexit.Read more
Economic Update: Small Victories, Big Lessons
On this week's episode of Economic Update, Prof. Wolff provides updates on victories (1) over US sugar industry and (2) in reducing Sweden's 40-hour workweek to 30 hours with no pay cut. Major analyses of jobs moving south...READ MORE
Richard Wolff on the Changing Tides of Capitalism and Socialism
This article originally appeared at Truthout.org
Nearly 30 years ago, many capitalists were celebrating what political scientist Francis Fukuyama called the "ultimate victory of the VCR": where consumerism sank communism. However, they failed to calculate the effects of this consumerism on the environment. They also failed to predict how the public would start to tire of a situation in which a very small percentage of capitalists are reaping all the benefits while the rest of us are sinking deeper and deeper into debt, poverty and powerlessness.Read more
Follow the Money: "Capitalism's Crisis Deepens: A Conversation w/ Prof. Richard Wolff"
Prof. Wolff joins Follow the Money's Jerry Robinson to discuss the widespread popularity of Bernie Sanders among the millennial generation and his thoughts on the global economic crisis.Read more
The David Pakman Show: "Richard Wolff: Capitalism's Crisis Deepens"
Prof. Wolff joins David Pakman to discuss his new book Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown 2010-2014, the fantasy so-called "pure capitalism," and more.Read more
Economic Update: Pro-environment, anti-capitalist
On this week' episode of Economic Update, Prof. Wolff. provides updates on fossil-fuel divestment, Zika virus economics, product recalls , and payday loan scandal. Interview with...READ MORE
Prof. Wolff on The Big Picture RT: "Will the UK Set Off A Secession movement?"
Prof. Wolff joins The Big Picture RT's Thom Hartmann to discuss the UK upcoming vote. In just a few weeks - Britons will take a vote on whether or not they want to remain part of the UK. Could this set off a continent-wide secession movement?
Economic Update: Listen, Prof. Krugman
On this week's Economic Update, Prof. Wolff provides updates on car companies buying ride-share companies, Pope's latest, evidence against Prof. Krugman's rosy view of inequality. Major discussions of...READ MORE
Economic Update: The Idea of Revolution
On this week's episode of Economic Update, Prof. Wolff provides updates on Alabama convicts strike against slavery, Greece's victimization, TTIP exposed, and taxing Yale. Interview with...READ MORE
Economic Update: False Econ Recovery, True Journalism
In this week's episode of Economic Update, Prof. Wolff provides updates on "carry interest tax loophole," Miami's Marlin Park and state subsidies for business, negative interest rates, and banks' "bail-in" versus "bail-out." Interview with reporter Bob Hennelly about...READ MORE
Prof. Wolff on CrossTalk: Social Justice?
Prof. Wolff joins Peter Lavelle on RTTV"s CrossTalk to discuss the question of social justice. As America’s two major parties move toward anointing their presidential nominees, there is a growing sense of disaffection and even insurrection among voters.Read more
Global Capitalism: May 2016 Monthly Update
Crises Deepen: Shifting Socialisms, Exploding Debt, Strange Elections
Co-sponsored by Democracy at Work, Left Forum, and Judson Memorial Church
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 the month of May, these will include...READ MORE
Prof. Wolff on CounterPunch Radio
This interview originally aired on CounterPunchRadio
Prof. Wolff joins CounterPunch Radio's Eric Draitser to discuss capitalism, its inefficiencies, and its discontents. They examine how the US and European economies have evolved in the era of neoliberalism, how financialization has pervaded every aspect of our economic lives, and how debt has become the central pillar of modern capitalism's house of cards.Read more
Economic Update: What Inequality Does
On this week's episode of Economic Update, Prof. Wolff provides updates on rich tax evaders, Takata airbags, equalized wealth data, money in Chicago politics. Major discussions of corporate food scandals...READ MORE
EconoMinute: The Crisis of Puerto Rico
In this EconoMinute, Prof. Richard Wolff discusses the current debt crisis facing Puerto Rico.
Prof. Wolff Lecture on News.Markets: "Why the US needs a Jeremy Corbyn"
Prof. Wolff joins News.Markets and explains why official US jobs numbers don't reflect the real state of the US economy and the average US worker. He believes the US needs a slice of the UK's Jeremy Corbyn to combat extreme inequality.
“The place where most adults spend most of their life is at work, and there is no democracy at work”
This interview originally appeared in the English-language section - The English Corner, of Contexto Magazine.
Prof. Wolff on The Big Picture RT: "More Co-ops Means Less Inequality"
Prof. Wolff joins The Big Picture's Thom Hartmann and discusses the lack of economic democracy in the current economic system. For a large chunk of the American workforce - capitalism is no longer working the way it's supposedly designed to work. Is it time to look for alternatives to the free market? And if so, where? Prof. Wolff offers Worker Self-Directed Enterprises (WSDE) as a solution.Read more
Prof.Wolff on Clearing the Fog: "Building Power for Worker Rights"
Prof. Wolff joins Margaret Flowers and Kevin Zeese on Clearing The Fog to discuss the current situation for workers and how they are building power to lift up wages and worker rights.Read more
Economic Update: Poverty and the US Economy
On this week's episode of Economic Update, Prof. Wolff provides updates on slow US economy, money drives Yale, Chobani workers get profits, more car corps scandal, and Christian/Marxist dialogue. Interview with...READ MORE