Economic Update: Why Capitalism Demonizes Government
Updates on UK war on "Unexplained Wealth," why capitalism needs yet attacks government, historical reality of low wages in US, cozy deals between...READ MORE
Amazon Gets $3 Billion in NY Tax Breaks While Underfunded Public Transport Enters 'Death Spiral'
Prof. Richard Wolff joins The Real News Network to explain why the $3 billion subsidy for one of the world's largest corporations is a terrible waste of public money.Read more
Economic Update: US Midterm Elections
Prof. Wolff presents updates on how China hits back economically; capitalism surviving in Italy through explosive debt creation; why lotteries have...READ MORE
Global Capitalism: November 2018 Economic Update
The Economic Consequences of the Election - What Can We Expect?
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 November 2018, these issues will include...READ MORE
The Narrowness of Mainstream Economics Is About to Unravel
This article appeared originally at Truthout.org
Recent extreme volatility and sharp drops in US stock markets underscore the instability of capitalism yet again. As many commentators now note, another economic downturn looms. We know that all the reforms and regulations imposed in the wake of the Great Depression of the 1930s failed to prevent both smaller downturns between 1941 and 2008 and then another big crash in 2008. Capitalism’s instability has, for centuries, resisted all efforts to overcome it with or without government interventions. Yet mainstream economics mostly evades an honest confrontation with the social costs of such economic instability. Worse, it evades a direct debate with the Marxian critique that links those costs to an argument that system change would be the best and most “efficient” solution.Read more
Economic Update: Follow the Money
This week’s episode of Economic Update features updates from Prof. Wolff on profits-vs-science and weedkiller “roundup,” most Americans not better off than in 2016, WHO reports bans on corporal punishment of...READ MORE
Economic Update: US "Sugar Arrangements” Industry
On this week's show, Prof. Wolff presents updates on latest foreign and US elections, the CEA document against socialism, growing inequality of billionaires’ wealth, army represses report on...READ MORE
How Capitalism Has Screwed Women Over
This article originally appeared at Huffpost.com.
It’s been one year since the explosion of the Me Too movement that followed allegations against Harvey Weinstein. Since then, the #metoo hashtag has been used around 19 million times to expose and discuss workplace sexual harassment.Read more
Markets ‘Overdue For Correction’ - RT America
With markets in apparent decline, some analysts are worried that we are nearing market-correction or even full-scale recession. Prof. Wolff joins RT America’s Rick Sanchez to share his insights and expertise, arguing that Trump’s fiscal policies amount to “feathering his own nest” and will ultimately damage the economy.
Prof. Wolff on Primo Nutmeg
Prof. Wolff joins Primo Nutmeg to discuss the history of Marxism, political semantics, varieties of socialism, the morality of capitalism, worker co-ops, if a free society would have one economic dogma, and whether or not a coalition between lefitists and libertarians is possible.Read more
Economic Update: Virginia Elects a Socialist
What’s the lottery really all about?
Prof. Wolff talks with Loud & Clear's Brian and John about lottery fever. The multi-state Mega Millions lottery jackpot stands at more than $1.6 billion.Read more
White House Panics Over Socialism’s Popularity
Prof. Wolff joins KPFK's Rising Up with Sonali Kolhatkar to talk about the growing attraction to the ideas of socialism among the American public.Read more
Economic Update: A Deepening Crisis of Capitalism
This week on Economic Update, Prof. Wolff delivers updates on the IMF’s prediction of slowing global growth, Bank of England warnings on accumulation of sub-prime debt, Nordhaus Nobel prize and...READ MORE
Prof. Wolff takes on Jordan Peterson
Prof. Wolff responds to Jordan Peterson's assertions about Marxism.Read more
Economic Update: The Immigration Issue and Capitalism
This week on Economic Update, Prof. Wolff delivers updates on UK's Liberal Democrats advocating serious reduction of wealth and income inequality, Sears CEO blames pensions for Sears' problems, JP Morgan predicts...READ MORE
Global Market Sell-Off Continues
Prof. Richard Wolff joins Boom Bust to talk about markets around the world continuing to fall.Read more
Economic Update: Public Policy, Private Pain
On this week's show, Prof. Wolff presents updates on Bloomberg finds US "among least efficient" providers of health care, Poland's unions demand wealth sharing role, money corrupts US politics...READ MORE
Bezos Worth 10 Billion Times Amazon Worker’s Hourly Wage
Prof. Wolff joins Anya Parampil from RT's In Question to discuss who actually produces the company’s wealth: Bezos or his workers?
NAFTA Replacement USMCA is Mere ‘Theatrics'
Prof. Wolff speaks with Loud & Clear on Radio Sputnik about the latest trade deal agreed upon by the United States, Mexico and Canada.Read more
Economic Update: Black Socialists of America
This week on Economic Update, Prof. Wolff delivers updates on Chicago hotel workers strike and Philadelphia parking lot attendants organizing, Cuomo's centrist, money-dependent campaign for Governor, another...READ MORE
Global Capitalism: September 2018 Economic Update
Economic Nationalism: How Capitalism Tries to Cope With Extreme Inequality
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 September 2018, these issues will include...READ MORE
Richard Wolff on the causes and consequences of the Great Recession
Prof. Wolff joined Alex Whisson of Perth Indymedia to discuss the causes and consequences of the Great Recession.
Economic Update: Launching a New University
This week on Economic Update, Prof. Wolff delivers updates on the 10th anniversary of the Lehman Brothers Bank collapse, helping Alexandria Ocasio-Cortez explain how to finance...READ MORE
“Stealing Intellectual Property” is Fake News
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