Global Capitalism: October 2016 Monthly Economic Update

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Global Capitalism, Monthly Economic Update
"A Looming Crisis: Major Candidates Ignore It"

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 October 2016, these will include...READ MORE


Economic Update: Capital for Worker Coops

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On this week's episode of Economic Update, Prof. Wolff provides updates on US workers' productivity rising while wages flat since 2009, US corps evading taxes, Gallup Poll on poor US job picture, wealth of  billionaires enough, if redistributed, to change...READ MORE


How Capitalism Perpetuates Immigration

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This article originally appeared at Truthout.org

Capitalism has a long, ugly history of scapegoating immigrants. The pattern has been repeated often. For example, British capitalism's drive to empire helped force the Irish, as colonial subjects, to emigrate. Miserable colonial conditions, including horrific famines, drove many Irish to labor for capitalists in England at wages lower than English workers had won. English workers raged against and clashed with the Irish immigrants more than they struggled against the colonial system that had brought them.

 

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Economic Update: Economics and Red States: Arlie Hochschild

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On this week's episode of Economic Update, Prof. Wolff provides updates on Corbyn's victory in UK, Uber drivers unionize, state retirement systems sued for threatening pensions, hard facts about...READ MORE


The Greylock Glass Growl: RICHARD WOLFF ON THE TPP AND VANISHING HIGHER ED CAREERS

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Prof. Wolff joins The Greylock Glass's Growl Podcast to discuss the TPP and the ever vanishing higher education careers.

 

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Economic Update: Higher Ed Class Struggles

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On this week's episode of Economic Update, Prof. Wolff provides updates on top Corp leaders and top government officials as tight partners, British wages and...READ MORE


Prof. Wolff on TRNN: "Don't Celebrate Just Yet: Median Household Income In a 20-Year Decline"

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Recent statistics from the US Census Bureau show improvement from 2014-2015, but in reality, wages are in a real decline and no mechanisms have been put in place to prevent another crash, says Prof. Wolff.

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The Contradictions of Finance

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This article originally appeared at Truthout.org and Roar Magazine.

Like much else in economies, finance both enhances the economy's growth and development and undermines it. The balance between these contradictory effects depends on all the other aspects of an economy and society and how they all influence financial contradictions. From its first entrance into the economy -- that part of society concerned with the production and...READ MORE


Economic Update: Worker Coops Vs. Capitalism

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On this week's Economic Update, Prof. Wolff provides updates on declining US incomes, parental leave policies, rising medical deductibles...READ MORE


Global Capitalism: September 2016 Monthly Economic Update

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Global Capitalism, Monthly Economic Update:
"Labor Day: The Condition of the Working Class & Labor's Strategy"

These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several major economic issues. For September 2016, these will include...READ MORE

 


Prof. Wolff on The Big Picture RT with Thom Hartmann

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Prof. Wolff joins The Big Picture RT's Thom Hartmann to discuss whether the FED has created a "False Economy."

 

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Economic Update: Economics for Labor Day

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On this week's episode of Economic Update, Prof. Wolff, provides updates on dark money, Mylan drug scandal, air lines concentrating, capitalism and...READ MORE


Rosa Remix: 100 years of capitalism’s global relocation

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This article originally appeared at Roarmag.org

Rosa Luxemburg’s great work displays extraordinary merits. First, she explained key dimensions of the capitalism of her time in an exemplary application of Marxian economics. Second, she integrated foreign trade and imperialism into economic theory further and with more insight than most economists including Marx had yet done. Third, she showed the powerful insights available by using Marx’s basic value and price concepts: a remarkable testimony to the usefulness of the labor theory of value. Finally, she linked her theoretical work to the strategic concerns and debates of the workers’ movements of her time. She took sides with an open honesty rarely equaled since among economic theorists who sell themselves instead by pretending to be “scientists above politics.”

 

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Prof. Wolff on District Sentinel Radio's "Unanimous Dissent"

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On this episode of "Unanimous Dissent," Prof. Wolff joins the show to discuss Hillary Clinton and Donald Trump’s economic solutions--or the woeful lackthereof. “Trickle-up” is needed, he says, not “trickle down.”

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Prof. Wolff on BBC's Business Matters

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Prof. Wolff joins BBC World Service's Business Matters to discuss capitalism, Marxism and worker co-ops.

 

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Economic Update: Puerto Rico's Crisis is Systemic

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On this week's Economic Update, Prof. Wolff provides updates on US income inequality vs rest of world, Europe exposes Apple Corp's tax evasion; TTP and...READ MORE


Economic Update: Capitalism's Craziness

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On this week's episode of Economic Update, Prof. Wolff provides updates on universities, politicians, and grad student unions, Bill Gates obscene wealth, Harley-Davidson' illegal pollution and...READ MORE

Prof. Wolff on Redacted Tonight with Lee Camp

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Prof. Wolff joins Lee Camp on Redacted Tonight to discuss his latest book and the current crisis facing capitalism.

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Economic Update: The System Exposed

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On this week's episode of Economic Update, Prof. Wolff provides updates on Olympic economics, mass transit, productivity truths, labor weakness and political parties, golden parachutes...READ MORE


Economic Update: Economics of Worker Coops

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On this week's episode of Economic Update, Prof. Wolff provides updates on Macy's closing 141 stores, Clinton campaign economics...READ MORE


Global Capitalism: August 2016 Monthly Economic Update

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“Economics of this Presidential Campaign”


These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several major economic issues. For August 2016, these will include...READ MORE


When Systems Crumble: Looking Beyond Global Capitalism

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This article originally appeared at Truthout.org.

As global capitalism staggers painfully, unevenly and dangerously in the wake of its 2008 collapse, its critics divide into two broad camps. One commits to fixing or reforming a capitalism that has somehow lost its way. The other finds capitalism irreparably inadequate and seeks transition to a new and different system. The two camps see many of the same faults: how capitalism relentlessly deepens inequalities of income, wealth, power and access to culture; capitalism's instability (those socially costly cycles it never managed to prevent); and its consequent injustices. Sometimes the two camps can ally and work together. However, at other times -- such as now -- the camps become more wary of, disaffected from, and competitive with one another. Adding complexity these days, the critics favoring system change are also redefining -- for potential recruits and for themselves -- the new system they seek.

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Economic Update: Profits, Families & Sex

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On this week's episode of Economic Update, Prof. Wolff provides updates on more VW sleaze, Irish bankers to jail, US public pension economics, Yale worker wins back job, Yale exposed. Interview with...READ MORE


Prof. Wolff on News.Markets: "Clinton's Historic Moment"

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Prof. Wolff joins New.Markets to discuss a historic moment in US history.

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Economic Update: Economic Crisis, Fascism & History

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On this week's Economic Update, Prof. Wolff provides updates on India's inequality, Philly's poverty behind DNC front, new initiatives from unions, Starbuck's profiteering, gutting federal estate tax. Interview with...READ MORE



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