Once upon a time, the word “socialist” wasn’t considered a dirty word. In fact, in 1912, roughly a million people (6 percent of the popular vote), voted for a socialist for president. He is the subject of filmmaker Yale Strom’s new documentary, “American Socialist: The Life and Times of Eugene Victor Debs,” in limited release in New York from April 27 through May 3 and in Los Angeles from May 4 through May 10.Read more
This week on Economic Update, Professor Wolff delivers updates on German workers who elect almost half of corporate boards of directors, major US corporations with negative...READ MORE
This article originally appeared at Huffingtonpost.com.
Donald Trump is hacking away at working-class benefits. We’re in a period of extreme deregulation, deep tax cuts for business and the rich, extreme protectionism, and rising debt, even as the Federal Reserve increases interest rates. Together, these developments leave the working class with lower wages and benefits, higher prices, and reduced government services.Read more
Prof. Wolff joins The Real News Network to discuss worsening inequality in the US.