Richard D. Wolff

[S11 E22] New

This program begins by analyzing the political monopoly (aka "The Center") operated by the GOP and Dems in the US: its organization and dominance until the last few years. The monopoly deteriorates as both GOP and Democrat coalitions...READ MORE

There's quite a bit of hysteria about inflation. Are the Fed risking reacting too slowly with inflation ticking up? Richard Wolff joined Thom Hartmann to discuss inflation, the hysteria around it.

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.

Richard Wolff joins Nomiki Konst to discuss the debate between capitalism and socialism and more.

[S11 E21] New

On this week's show, Prof. Wolff comments on how and why "consumerism" matters and on why Biden's "progressive shift" is both like and unlike (far more limited so far) FDR's...READ MORE

Professor Wolff joins Fred Hampton Leftists to talk about the need for a minimum wage, crypto-currency, and the end of capitalism.

Brian Becker and Prof. Wolff continue 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. Today, they discuss what Marxism has to say about the environment. Why and how is capitalism destroying the planet?

And as the United States and many other developed nations are seeing their vaccination rates soar, developing nations are still struggling to inoculate their populations. Richard Wolff joins Boom Bust to speak on vaccine inequity and the rise of new billionaires during the COVID-19 pandemic.

To avoid divisive social conflict over redistribution, the solution is not to distribute unequally in the first place. That can remove the cause and impetus for redistributive struggles and thus the need for endless and so far fruitless efforts to find the “right” redistribution formula or mechanism. The way forward is to democratize the decision about distributing wealth as it emerges from production.

Article by Richard D. Wolff

Prof. Wolff joins Brian Becker on The Socialist Program to continue 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. Today, they discuss the role of finance and the big banks. Why does Wall Street reign supreme in the capitalist system?

Our country is in trouble and it's about a fundamental problem we have as a nation — Inequality. A consumer economy simply can't function when the consumers are too poor to consume and the wealthy refuse. Richard Wolff joined Thom Hartmann to discuss spenders and savers, be they rich or poor. And it all comes down to taxation and the rich. Surprised?

Few things say "The United States economy is broken" more than the idea that while we're in a global pandemic -- with nearly 600,000 Americans dead, almost 10 million jobs lost, and the population of unhoused people higher for the fourth year in a row -- there's at least one billionaire somewhere going, "2020 was a great year!"
In the episode of United Shades of America w. Kamau Bell on CNN, Bell takes a Zoom class with Professor Richard Wolff, a Marxian economist who shared how the leaders of the country thought about wealth back in the day. "In both World Wars I and II, the United States' President and Congress passed what was called an excess profits tax. And here's what it said: If, during a war, when we're asking young men and women to risk their lives, their health, their bodies to fight for this country, it is unconscionable that others who are not risking make money off this war."

[S11 E20] New

On this week's show, Prof. Wolff discusses Congress Bills H.R.51 giving statehood to Washington, DC, and H.R.1 countering GOP efforts to restrict voting; and Biden's...READ MORE

Professor Richard Wolff joins Julianna Forlano to discuss the housing crisis and the conversation, as so often happens when curious and intelligent people get together, goes all over the map! They touch on vaccines, international relations, lost wars and wound up at the military industrial complex.

Richard Wolff joins Lance on The Serfs to talk about the recent date with Destiny, and more. 

Prof. Wolff joins RJ Eskow on The Zero Hour to discuss militarism and capitalism

Brian Becker and Prof. Wolff continue 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. Today, they discuss the theory of surplus value. Why do Marxists believe that anyone who works for a wage is being stolen from by their boss?

What does a weak or strong dollar mean to you? What do those terms mean, and how do these policy differences affect average people? Thom Hartmann & Professor Wolff talk about wage inflation, worker insecurity and rising prices in the context of a weak dollar. The dollar is weak under Biden while Trump professed the the dollar was strong? Why? Professor Richard Wolff joined Thom to take exchange rates, plus buying and selling dollars.

The Biden administration has now declined to place sanctions on the highly-controversial Nord Stream 2 Pipeline project that is set to deliver natural gas from Russia to Germany. Professor Richard Wolff, host of "Economic Update," gives his analysis on the latest decision from the United States and what impact it could have on geopolitical relations.

[S11 E19] New

On this week's show, Prof. Wolff discusses Bernie Madoff's $ 82 billion swindles and capitalism's incentives for swindling, the economics of wars in Iraq and Afghanistan...READ MORE

Brian Becker and Prof. Wolff begin 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. Today, they discuss what a monopoly is, and how there is a natural tendency to monopoly under capitalism.

Professor Richard Wolff joins Jesse Ventura to talk about the state of the U.S. economy one year after the pandemic began.

The GOP wants to sabotage the economy to turn the people against President Biden, and the way they want to do it will make you sick! No matter how hard Rand Paul and his Republican colleagues try, enough of us are vaccinated now that they won’t get America back to those kinds of terrible numbers. But they apparently think they can get the numbers to stay high enough that the economy will remain in crisis and Republicans can use it as a wedge issue to win back the presidency. Professor Richard Wolff joined Thom to shed some light on the GOP's dark plan, and the relationship between the economy and politics.

Professor of economics, Richard Wolff joins Saagar Enjeti & Krystal Ball on The Hill's Rising to discuss the latest jobs numbers. According to the Bureau of Labor Statistics the U.S. economy added 266,000 jobs last month.