Two trillion dollars. $2t. How real is this money? It is all done at the click of a mouse, creating “money”. The Federal Reserve create the “money”, not the government. Dr. Richard Wolff joined Thom Hartmann to discuss what the Fed are doing and makes some sense of it all.Read more
Richard Wolff talks to Michael Brooks about the current crisis of capitalism during the COVID-19 pandemic.Read more
Today’s episode features an analysis of the social divisions working to undermine the solidarity needed to fight both the Coronavirus...READ MORE
Prof. Wolff joins Jesse Ventura and Brigida Santos to talk about the economic fallout from the Covid-19 outbreak.Read more
Among other topics in this weekly segment, Prof Wolff talks about how the stock market is not an accurate reflection of current events but of desperate herd mentalities which are buying cheap stocks in the hope this crisis will be over soon, which is why the stock market is rising while death tolls are also rising.
Listen to this segment here.
By Richard D. Wolff
"Mainstream policies aim to reestablish pre-virus capitalism. Even if they succeed, that will return us to a capitalist system whose accumulated vulnerabilities will soon again collapse from yet another trigger."
We are entering a depression not seen in our lifetimes. There are almost no government programs in place which are going to cope with permanent loss of jobs, inability to pay home or other loans. Richard Wolff Joined Thom Hartmann to discuss the future of the economy and in may ways, the future of the United States. The massive debt in the US is a bubble waiting to burst. There will now be no income in taxes to pay off the country’s debt.Read more
[S10 E13] New
This program focuses on how the capitalist economic system plays crucial roles in the #MeToo examples of Weinstein and Cosby and also in the failed response to the Corona virus crisis. The organization of capitalist enterprises - power and...READ MORE
Prof. Wolff joins Sean Blackmon and Jacquie Luqman of By Any Means Necessary to discuss why the announcement that the Fed will backstop all US credit markets by guaranteeing to purchase as many US Treasury and mortgage-backed securities as necessary demonstrates the ruling class' main priority yet again is bailing out themselves.Read more
Prof. Wolff joins Loud & Clear to talk about the potential bailout, Coronavirus, the economy, jobs and Trump.Read more