Richard D. Wolff

Prof. Wolff talks with Loud & Clear's Brian and John about lottery fever. The multi-state Mega Millions lottery jackpot stands at more than $1.6 billion. 

Prof. Wolff joins KPFK's Rising Up with Sonali Kolhatkar to talk about the growing attraction to the ideas of socialism among the American public.

This week on Economic Update, Prof. Wolff delivers updates on the IMF’s prediction of slowing global growth, Bank of England warnings on accumulation of sub-prime debt, Nordhaus Nobel prize and...READ MORE

Prof. Wolff responds to Jordan Peterson's assertions about Marxism.

This week on Economic Update, Prof. Wolff delivers updates on UK's Liberal Democrats advocating serious reduction of wealth and income inequality, Sears CEO blames pensions for Sears' problems, JP Morgan predicts...READ MORE

Prof. Richard Wolff joins Boom Bust to talk about markets around the world continuing to fall. 

On this week's show, Prof. Wolff presents updates on Bloomberg finds US "among least efficient" providers of health care, Poland's unions demand wealth sharing role, money corrupts US politics...READ MORE

Prof. Wolff joins Anya Parampil from RT's In Question to discuss who actually produces the company’s wealth: Bezos or his workers?

Prof. Wolff speaks with Loud & Clear on Radio Sputnik about the latest trade deal agreed upon by the United States, Mexico and Canada.

This week on Economic Update, Prof. Wolff delivers updates on Chicago hotel workers strike and Philadelphia parking lot attendants organizing, Cuomo's centrist, money-dependent campaign for Governor, another...READ MORE

Economic Nationalism: How Capitalism Tries to Cope With Extreme Inequality

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 September 2018, these issues will include...READ MORE

Prof. Wolff joined Alex Whisson of Perth Indymedia to discuss the causes and consequences of the Great Recession.

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

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.

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.  

Prof. Wolff talks with Jamarl Thomas about the election results in Swedan, immigration, and Modern Monetary Theory.

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.

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

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

This article originally appeared at HuffingtonPost.com

Dissatisfaction with capitalism has reignited a debate about socialism, but people cannot agree on what “socialism” means.

This article originally appeared at Commondreams.org

And why a true transition to socialism requires a wholly different politics.

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

Prof. Wolff joins Boom Bust to talk about financial rates, immigration and more in the Financial Round-Up.

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