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
Dr. Professor Richard Wolff joined Thom Hartmann and talked about the economic place we find ourselves in and what may happen in the future. We need reforms – will we see them happen?Read more
Prof. Richard Wolff joins Rick Sanchez to discuss the Trump administration’s enormous stimulus package and whether it can resolve the current financial crisis. He argues that “we are in a situation for which no precedent exists.” He also points out that we are seeing the economic results of failing to prepare for the COVID-19 coronavirus pandemic.Read more
[S10 E11] New
On this week's episode of EU, Prof. Wolff presents updates on Vancouver, BC, taxing its richest; JP Morgan Chase recognizes climate change threat and market's failure to cope; ways money shapes US politics today and why US women's soccer gender discrimination lawsuit helps all soccer players vs profit-driven soccer federation. The second half of the show features an interview with psychotherapist Tess Fraad-Wolff on why our jobs get us depressed and what to do about it. Watch it now.
Prof. Wolff discusses how the U.S. needs public enterprise to create structural changes to the economy for the American working class.Read more
In the face of the Coronavirus/Covid-19 pandemic, the U.S.’ extreme wealth inequality, lack of nationalized health care system, lack of a federal paid sick leave law, and other related issues have shown the nation’s severe vulnerability. In this dangerous new world, we just happen to be in the middle of a critical primary election where one of the two front runners is a self-described democratic socialist who has been touting Medicare-for-All as the central plank of his domestic policy. Is Bernie Sanders the President we need in a pandemic like this?Read more