Trump's new executive order suspends H1B work visas until December. Indian nationals make up about 70% of these visas, followed by Chinese nationals. Richard Wolff weighs in on what this means for American business, the world perception of the US, and the affects on US workers.
"For those people that believe that all of these jobs will stay here but now they will go to Americans, that's just silly. The history doesn't show that. Most of the hiring will now move aboard. The same people who complained about these folks, these immigrants, getting these jobs will not complain that the jobs are over there and they should be here... For most capitalist it really doesn't matter all that much whether you employ them over there or here. So my bottom line is, this is more theater from Mr. Trump."
Julianna welcomes back recurring guest, Marxian Economist Professor Richard D. Wolff, to the show to discuss how the eyes of the world are on racial inequities in the United States right now, and while we hope outside pressure will help bring justice to Black communities, Americans need to stay focused on what we can do from the inside. And how one way we can do that is through our labor unions, who often successfully win power back to their workers. How can they join the fight for Black communities? Professor Wolff is here to answer that question!Read more
Richard D. Wolff joins Fault Lines to talk about America's industrial policy and how outsourcing impacts the black community in America, as well as the nature of the worldwide economic underclass and why Wolff believes it's an inevitability of the cyclical economic crises endemic to capitalism.Read more
Has the Fed bailout gone beyond a bailout? Are the Fed buying stock in companies that are in serious trouble? The Fed is buying in the private market using money they have printed, which nobody else can do. Richard Wolff joined Thom Hartmann to discuss whether the Fed are doing the right or wrong thing.Read more
The United States has eased some pressure on Huawei in the name of uniform 5G standards, but will the country cede ground in this ongoing fight? Richard Wolff joins Boom Bust to analyze the latest law regarding the Chinese telecom giant, and what major emerging economy has become the new front in the fight for 5G supremacy.Read more
A shorter work week would not only make for a better work/life balance it would also increase overall productivity and the ability of citizens to more meaningfully participate in democracy, says economics professor Richard D. Wolff.
Richard Wolff joins Loud & Clear to talk about our new economic crisis and the reactions to it.Read more
Is capitalism run completely off exploitation? Richard Wolff answers this on Thom Hartmann by pointing out who does the policing. How are we going to handle capitalism's dirty little secret?Read more
Richard Wolff joins Brian Becker on Loud & Clear to discuss the commercial rent crisis. Only 50% of commercial rents were paid in April and May and many landlords have already filed lawsuits against their tenants. "We are now in a phase of the economic downturn where everybody is on their own."
But what happens to society if the landlords don't get their rent?
[S10 E22] New
On this week's show, Prof. Wolff explores what a socialist response to COVID-19 would have...READ MORE
Hitler was good for the German economy when he came to power and then . . . Trump was good for the US economy when he came to power and now . . . Hitler said that he was the only alternative to socialism . . . Trump says he is the only alternative to socialism . . . Seeing a pattern? Professor Richard Wolff joined Thom Hartmann to discuss the similarities between Adolph Hitler and Donald Trump.Read more
Professor Richard Wolff debates Professor Walter Block on which is a better system to tackling poverty and unemployment: Socialism vs Capitalism.Read more
Today’s episode features Big Other‘s editor John Madera in conversation with Professor Richard D. Wolff. Among the things discussed are capitalism, neoliberalism, socialism, Bernie Sanders, Trump, the two-party oligarchy/plutocracy, voting, democracy, and “disaster socialism.”Read more
Prof Wolff discusses the build up to the US protests. "Anyone that is surprised that some of the most oppressed, some of the most distressed by all of this, might smash a window has to wonder 'where have you been in your thinking about the history of the human race?'... This is the beginning of the reaction of what has been done, and continues to be done, to the American people."Read more
[S10 E21] New
On this week's show, Prof. Wolff presents updates on how pandemic and capitalism are combining to...READ MORE
Prof. Wolff joins Zero Hour to talk about the pandemic, wealth redistribution and whether workers will slip back into a false consciousness as they return to work. Middle and bottom of the US population is paying for the enriching of those at the top.Read more
Richard Wolff sits down with Patrick Bet-David on Valutainment to discuss socialism, capitalism and business.Read more
What exactly does pandemic-era capitalism in the US look like? Richard Wolff joins Sonali Kolhatkar on KPFK's Rising Up With Sonali.
The create crash of 1929 changed the political world and gave rise to far-right politics in Germany. Now, the current crash is going to change US politics and it looks as it will be for the worst. Richard Wolff joined Thom Hartmann to discuss the current global economic crisis.Read more