Professor Richard Wolff joins Thom Hartmann to show how NYC's Medicare For All could save taxpyers money as well as their lives.Read more
Prof. Wolff joins Boom Bust to talk about global debt levels at the start of 2019.Read more
Can reform fix the problems with monopolies? In the past monopolies would form, create economic catastrophe, worsen inequality all before reformers could take power and put a stop to them by breaking up the monopolies.Read more
This article originally appeared at Huffingtonpost.com
When college student Trevor Hill stood up at a CNN town hall in 2017 and asked House Minority Leader Nancy Pelosi (D-Calif.) if her party might move further left to mark a starker break with right-wing economics, her answer was clear: “I thank you for your question but I have to say we’re capitalist. And that’s just the way it is.”Read more
This article originally appeared at Truthout.org.
Written by Vaios Triantafyllou
Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, where he taught economics from 1973 to 2008. He is currently a visiting professor in the Graduate Programs in International Affairs at the New School University in New York City. In this interview, Wolff discusses how market-based economies have had their critics since the times of Plato and Aristotle, how both major US political parties have become subservient to the gospel of capitalism and how technology isn’t always constructive. This interview has been edited for clarity and length.Read more