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 moreThe Great Crash 10 Years Later: No Recovery for Millions of Americans
Prof. Wolff joins Brian Becker and John Kiriakou on Loud & Clear to discuss the effects of the 2008 crash on American taxpayers and where we are a decade later.
Swedish Election Results, Immigration, & MMT
Prof. Wolff talks with Jamarl Thomas about the election results in Swedan, immigration, and Modern Monetary Theory.
Read moreCapitalism Is Not the “Market System”
This article was originally published at Truthout.org
With the Democratic Socialists of America now counting 48,000 people within its membership and socialist candidates such as Alexandria Ocasio-Cortez pushing for free universities and Medicare for All, Americans are once again discussing capitalism versus socialism. Fortunately, they are not doing so in the old Cold War manner of uncritically celebrating one while demonizing the other. Rather, it’s a debate over the choice Americans must make now between keeping capitalism or changing the system to some form of socialism. As debates often do, this debate awakens us to problems and differences in how we understand its basic terms. For clarity and to make progress in this important debate, we need to stop conflating “capitalism” with the market. This is done far too often and on all sides of the debate.
Read moreEconomic Update: Capitalism Invites Deepening Criticism
Updates on new approach to Labor Day, DNC accepts fossil fuel donations, Turkey's crisis as typical capitalist instability, collapse of Genoa toll bridge, exploding gap between...READ MORE
Economic Update: Capitalism's Problems Provoke Opposition
This week on Economic Update, Prof. Wolff delivers updates on Missouri vote for union position, the irrationality of student debt, economic sanction of Iran isolates and costs U.S. for Trump political gains, Monsanto puts profits...READ MORE
Socialists Need To Fight For Economic Change — Not Just Another Version Of Capitalism
This article originally appeared at HuffingtonPost.com
Dissatisfaction with capitalism has reignited a debate about socialism, but people cannot agree on what “socialism” means.
Read moreHow US Politics Sustains US Capitalism
This article originally appeared at Commondreams.org
And why a true transition to socialism requires a wholly different politics.
Read moreEconomic Update: One Big Push Against Capitalism
In the latest episode of Economic Update, Prof. Wolff provides updates on the social costs of criminalizing marijuana, U.S. food outlets being taken over by...READ MORE
Economic Update: Hidden Failures of Capitalism
In this week's episode, Prof. Wolff presents updates on Europe's higher labor force participation; Cuomo campaign fakes "small donations"; US restaurants...READ MORE
Trickle Up Theory: A "New Deal" Casts off Austerity Measures For Portugal
Professor Wolff joins The Thom Hartmann Program to discuss Portugal's successful removal of Austerity measures and the start of a trickle up economy, whats going to happen when the people realize that we can take care of each other without the morbidly rich stepping in?
Read moreWorker Self-Directed Enterprises and Socialism
Prof. Wolff joins The Sensible Socialist to talk about worker cooperatives and socialism.
Read moreEconomic Update: We Can Do Better Than Capitalism
This week on Economic Update, Prof. Wolff delivers updates on a New Zealand firm that succeeds with a 4 day work week, Vienna's public housing successes, Fordham adjuncts' union wins big, Burberry destroys...READ MORE
Detente in U.S.-EU trade war
Prof. Wolff joins Loud & Clear with Brian Becker to talk about whether we are on the brink of a trade war with the European Union.
Read moreEconomic Update: Millennials for Revolution
This week on Economic Update, Prof. Wolff provides updates on how Trump's tariffs are affecting Americans jobs, shifting capitalist alliances don’t change the system, the Irish parliament’s decision to stop investing in fossil fuels, how Washington state...READ MORE
The Capitalism/Racism Partnership
This article originally appeared at CommonDreams.org
Revulsion is building towards the smokescreens of hypocrisy, racism, and nationalism barely masking capitalism’s ongoing failure to provide the jobs and incomes people need
Read moreTo be a Marxist in Trump's America: An Interview with Richard D. Wolff
Prof. Wolff talks with French media outlet Le Media about what being a Marxist means in the US today.
Read moreDoes Vienna's Affordable Housing Model Prove Progressive Policies Right?
Prof. Wolff joins The Thom Hartmann Program to talk about Vienna's affordable housing model.
Read moreWork Life Confidential: Democracy at Work?
We live in a democracy, right? How is it, then, that we’ve agreed to spend most of our waking hours within organizations that are not at all democratic? We may work within a benign dictatorship if we’re lucky, a tyrannical madhouse if we’re not, or, for most of us, a place that falls somewhere in between. It’s the exception, however, to work within an organization guided by worker-elected leaders toward mutually agreed upon goals--a democracy, in other words.
Read moreEconomic Update: Historic Lessons
This week on Economic Update, Prof. Richard D. Wolff gets into another automotive manufacturer caught cheating emissions tests, the reality of Americans’ value on labor unions, how the GOP corporate tax cuts are...READ MORE
Global Capitalism: July 2018 Economic Update
Global Capitalism: Immigration and Trade War: The Economics of Desperation
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 Julu 2018, these issues will include...READ MORE
Workers' Rights & Richard Wolff
Prof. Wolff joins Jesse Ventura to discuss the erosion of workers’ rights in America and how employment cooperatives may improve the economy.
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