Brian Becker and Prof. Richard Wolff continue a discussion on the Marxist understanding of the housing market, today focusing on the system of rent and the current crisis resulting from soaring rents. This episode is also part of a series of discussions about the basics of Marxism — a method for understanding and changing the world used by many of the great revolutionaries of modern history.Read more
The economy is in a precarious position at the moment. Signs are pointing to possible runaway inflation. The GOP is threatening to not raise the debt ceiling which would close the government, furlough workers, undermine the US global economic standing and basically tank the economy at home. Biden’s response has not been robust enough to really address the crisis, and then there’s the looming specter of the Delta variant. Richard Wolff joins act.tv to give an overview of just how precarious a position we are in and the economic threat posed by the Delta variant.Read more
[S11 E25] New
On this week's show, Prof Wolff talks about the social effects of inflation and the lack of accountability on the part of employers. Capitalist employers set prices with the only motive of maximizing. Employees, the vast majority, must live with inflation but...READ MORE
Richard Wolff joins RJ Eskow on The Zero Hour to discuss the Florida condo collapse and how it is a tragic warning for all of us.
Richard Wolff joins Fault Lines to break down the dynamic between the IRS and the wealthy in the United States of America, and give a deep analysis into taxes on major corporations.
Brian Becker and Prof. Richard Wolff discuss the Marxist understanding of the real estate market and how the speculative nature of this capitalist market leads to tragedies like the deadly Miami condo collapse. They also discuss the concept and experience of social housing as an alternative to private capitalist housing.Read more
As the Biden administration's infrastructure deal has changed since its presentation, the battle for "Human Infrastructure" additions in the bill are underway. Professor Richard Wolff joins Boom Bust to break down the iterations of the bill and what measures he believes are necessary.Read more
Today Prof Wolff and Brian Becker discuss the Marxist understanding of the role played by stock markets in capitalism. How has the function of stock markets evolved over the years, and how do they contribute to today’s exploding wealth inequality?Read more
The Debt Ceiling limits the total amount of money the Federal government can borrow. In the past 20 years, the deficits have been much higher, and the government has had to bail out private businesses. With Covid, borrowing is higher than ever. The only way the government can pay back their debt, is to borrow more. Professor Richard Wolff joined Thom Hartmann to explain that it is catastrophic to increase the debt ceiling, and how taxes might have to increase dramatically.Read more
Article by Richard D. Wolff
Slowly, the realization dawns that maybe it never was appropriate to center analytical attention and doctrinal disputation on the private versus public sectors of capitalist economies.Read more
Prof Wolff joins Boom Bust to discuss a shocking report that shows the Covid-19 pandemic has bred millions of millionaires.Read more
President Biden’s budget proposal would cost taxpayers a whopping $6 trillion. Some are calling it the New Deal 2.0, but is pumping federal dollars a surefire way to get the economy back on track? Richard Wolff joins The Big Picture to weigh in on whether record-high government spending can offset a mass exodus of service workers across the country. As Americans regain their financial footing after a calamitous year in lockdown, what will tomorrow’s labor market look like?Read more
[S11 E23] New
In this week's show, Prof Wolff presents updates on the efforts to finally add dental, vision, and hearing coverage to Medicare, the effects of Trump's tariffs on China, and the contradictions between capitalist profiteering...READ MORE
Are money market finds at risk? And, if so, what should Americans do? Is the stock market about to Crash?
Prof. Richard Wolff joined The Thom Hartmann Program to discuss the government spending beyond tax income. At what point does someone scream “STOP”?
Professor Wolff joins RJ Eskow on The Zero Hour to discuss the climate crisis.Read more
Brian Becker and Prof. Wolff discuss Karl Marx's theory of classes. Politicians of all stripes love to talk endlessly about their devotion to the middle class, but what does that even mean? What are the unique insights from Karl Marx about the real class structure of society?
Richard Wolff joins Boom Bust to discuss a new report that has shown records of how the wealthiest citizens in the nation have dodged paying taxes for years.Read more