In Question: US dollar faces tough times

Major countries like China and Russia are steadily pulling their support from the US dollar- raising questions about where it will stand in the years to come and how its continued decline will impact the American people. Professor Richard Wolff weighs in.

Read more

How Capitalism’s Dogged Defenders and Propagandists Defend It From Criticism

Article by Richard Wolff

"For defenders, placing adjectives before the word “capitalism” removes its core “relations of production” from criticism. The focus of analytical attention becomes the adjective, not the noun."

Read more

Economic Update: The Economics Lesson Taught by the Pandemic

[S11 E03] New

On this week's show, Professor Wolff explains where the government is respected and empowered, nations have effectively contained the Covid-19 pandemic...READ MORE


Jacobin Weekends: Biden Economics

Richard Wolff joins Ana Kasparian and Nando Vila on Jacobin Weekends to discuss economics for the Biden era.

Read more

The Zero Hour: The Hatred of Government - and How to Fight It

Prof Wolff joins RJ Eskow on The Zero Hour to discuss the curated hatred of the American government and how to fight it.

"There is a fundamentalist economic belief that somehow everything done by the private sector is good productive profitable and efficient and everything done by the government is the opposite. This is total nonsense, has always been nonsense, and is refuted both theoretically and empirically. But as we know with fundamentalism in other areas, evidence and factuality don't really make much difference if there's a need to believe it. And the private sector in this country has been able to develop a hostility to the government that allows them to be deregulated in ways that are very very profitable for them." - Richard Wolff

Read more

Thom Hartmann: Radical Idea To Supercharge Economy

Prof Wolff joins Thom Hartmann to discuss his ideas to help Americans and the American economy: (1) a federal jobs program, (2) a wealth tax on stocks and bonds, (3) the development of a worker cooperative sector in the US.

Read more

Boom Bust: Will Biden's "American Rescue Plan" be enough?

What kind of impact could a Biden administration have on markets and individual sectors in the coming years? Richard Wolff joins Boom Bust to analyze what could lie over the horizon.

Read more

Bad Faith Podcast: The Red Green w/ Professor Richard Wolff

Prof Wolff recently joined the Bad Faith Podcast with Briahna Joy Gray & Virgil Texas.
After briefly walking us through the history of contemporary economic systems from feudalism to capitalism, Marxist Economist Richard Wolff explains why we must move past capitalism before it's too late, and how to achieve that transition. He weighs in on the importance of third party candidates, the #forcethevote debate, his former classmate Janet Yellen's ideology, the efficacy of an "inside/outside" strategy, and how Bernie disappointed him.

Read more

Economic Update: Noam Chomsky on Prospects and Tasks as 2021 Begins

[S11 E02] New

This week, Professor Wolff gives updates on President-elect Biden's economic advisor "team", how Argentina's women's movement leads the defeat of the government and Roman Catholic Church oppositions to win legalized abortion and now targets other basic social changes, and how the deepening inequality of US wealth and income cause and reflect the growing gap between stock market prices and the depressed Main street US economy. The second half features an interview with Noam Chomsky on political and economic realities and possibilities facing us in 2021.

 

Read more

Boom Bust: Big Biz Cutting Trump Ties

In the fallout from the Capitol Hill riot that left five people dead, many major corporations have begun to cut ties with President Trump. Professor Richard Wolff of the Economic Update joins the Boom Bust to lay out the recent corporate decisions and what it could mean for Donald Trump after his term is over.

Read more

The Socialist Program: Economics and the Rise of Fascism

On this week's episode of The Socialist Program's regular segment "Capitalism in Crisis" with Prof. Richard Wolff, we discuss the role played by economic factors in the growth of fascist movements. Brian and Prof. Wolff discuss how the core features of capitalism provide fascism with an opportunity to rise and take power.

 

Read more

Ron Paccone: Interview with Richard Wolff

Prof Wolff joins Ron Paccone to answer the questions: what is capitalism, why is the idea that capitalism has reduced poverty a myth, and more.

Read more

Jimmy Dore Show: Capitol Insurrection Caused by Capitalism Failure & Rapacious Donor Class

Prof Wolff joins The Jimmy Dore Show to talk about how the Capitol insurrection was caused by the failure of capitalism and more. 

Read more

Economic Update: Externalities and Capitalism's Inefficiencies

 

[S11 E01] New

This program introduces the economic concept of "externalities." Those are the real costs of employers' business decisions that employers do not pay for or take into account: costs "external" to businesses' profit/loss calculations.... READ MORE

Read more

Boom Bust: US Bars Some Chinese Tech Transactions

Prof Wolff comments on the ongoing China delisting saga as the New York Stock Exchange changes course yet again. US President Donald Trump signed an executive order banning transactions with eight Chinese apps.

Read more

The Socialist Program: Why Karl Marx Is Still Right

Prof. Richard Wolff speaks with Brian Becker on The Socialist Program about Marx and the Marxist analysis of the fundamental features of capitalism. Marx's assessment of the laws of capitalism were written more than 150 years ago, but they are spot on in their description of modern day capitalism and explain why millions of people are turning toward socialism with a renewed interest in Marx.

 

Read more

Global Insight: Inequality will get far worse if post-COVID economies keep capitalism

Prof Wolff joins the South Korean TV program Global Insight to discuss how inequality will get far worse if post-COVID economies keep capitalism.

Read more

Boom Bust: US Role in Trade Outside RCEP Deal

And as the global supply chain has been rattled by the coronavirus outbreak, several Asian nations have banded together in the world's largest trade agreement. Professor Richard Wolff analyzes the RCEP trade deal and what it means for both Asia and across the Pacific.

Read more

Boom Bust: EU's Investment Sagas

With a fresh post-Brexit trade deal sealed with the United Kingdom, the European Union has also secured a major flow of investment from China as the year winds to a close. Professor Richard Wolff offers insight on the measure, and break down China's path to being the world's largest economy.

Read more

Mother Of All Talk Shows: Trump is not gone yet

Prof Wolff joins The Mother Of All Talk Shows to talk about Donald Trump and the right wing populism he has built is not gone yet, and what the new Biden administration will look like.

Read more

The D.C. Political Monopoly Just Does Not Get It

An article by Richard D. Wolff

Read more

Economic Update: Growing Independent, Progressive Media

 

[S10 E50] New

This week's show features updates on the continuing lessons from 2020 at the year's end and an interview with David Pakman... READ MORE

Read more

Boom Bust: Trump Slams Congressional Stimulus Bill

Prof Wolff joins Boom Bust to comment on Congress finally passing a coronavirus relief package, and that the executive branch could throw a curve ball.

Read more

By Any Means Necessary: COVID Relief Package Hits Wall

Richard Wolff joins By Any Means Necessary to discuss Donald Trump's suggestion that he won't pass the COVID-19 mitigation deal unless the checks sent out are increased from $600 to $2,000, the priorities demonstrated by the numerous issues in vaccine distribution, and why the US response to the pandemic is so underwhelming in comparison to China's.

Read more

Status Coup: "Unspeakably Inadequate" Stimulus

Richard Wolff blasts "unspeakably inadequate" stimulus on Status Coup and suggests that a general strike is likely.

Read more

connect