The Truth About Power and Capitalism: A Socialist Response to the Tax Bill

This article originally appeared at truthout.org.

In response to the passage of the GOP tax bill, many voices are now offering variations on the theme of "speak truth to power." It's true enough that tax overhaul, coming after 30 years of widening inequality, widens it further. It is likewise yet another exercise in trickle-down economics, the policy promise that direct economic help to corporations and the rich will eventually lift up the rest of us. The GOP and Trump conveniently disregard the countless economists who have shown that trickle-down is a false promise.

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Looting on a Grand Scale by Ultra Rich: Republican Tax Plan's Real Goal

Prof. Wolff joins Brian Becker and John Kiriakou of Loud & Clea to talk about the Republican Tax Plan which could be signed into law as early as next week. 

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Economic Update: Different Economics, Different Policies

On this week's show, Prof. Richard D. Wolff presents updates on UK company's parental leave policies, Citibank fined for abusing student borrowers, US tobacco companies...READ MORE

 


Global Capitalism: December 2017 Monthly Economic Update

Global Capitalism: "What the tax “reform” bill means to us all"
with Richard D. Wolff 
These programs begin with 30 minutes of short updates on important economic events of the last month...READ MORE

Prof. Wolff on CPR News

Prof. Wolff speaks with Don DeBar of Community Public Radio about Trump's tax plan.

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Economic Update: Revolt Against Sexual Abuse

On this week's show, Prof. Richard D. Wolff provides updates on the international response to Trump’s tax plan, the impact of the GOP tax plan on U.S. graduate students, foreclosure stats and the...READ MORE


Is Libertarianism compatible with Capitalism?

In this educational video Professor Richard D. Wolff talks to acTVism Munich about whether libertarianism is compatible with capitalism.

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Economic Update: Which Way For US Economy

On this week’s episode of Economic Update, Prof. Richard D. Wolff covers updates on Uber’s corrupt profiteering, the immoral cancer research conducted and sponsored by the sugar industry, the conflict of...READ MORE


Trump Best Organizer I Can Ever Have!

Prof. Richard D. Wolff joins The Jimmy Dore Show and talks about the Trump and his administration.

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Solution For Capitalism's Brutalities

Solution For Capitalism's Brutalities Easier Than You Think with Prof. Richard D. Wolff and Jimmy Dore of The Jimmy Dore Show.

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Establishment Politics Failing Worldwide

Establishment Politics Failing Worldwide with Prof. Richard D. Wolffand Jimmy Dore of The Jimmy Dore Show.

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Wealth Inequality Most Severe Since Ancient Egypt

Prof. Richard D. Wolff discusses wealth inequality in the US most severe since Ancient Egypt on The Jimmy Dore Show.

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Prof. Wolff on The Jimmy Dore Show

Prof. Richard D. Wolff joins The Jimmy Dore Show and explains the ever growing wealth inequality in the US.  

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Economic Update: Capitalism, Corporations and Media

This week on Economic Update, Professor Wolff delivers updates on the corrupt Congressional "tax reform," how giant corporations continue to abuse power, the GE CEO who wasted millions of dollars, the role the corporate structure plays in...READ MORE


acTVism Munich: Is the Solution Reform or Revolution?

Professor Wolff talks with acTVism Munich about whether the solutions to today’s socio-economic problems lie within reform or revolution.

 

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Economic Update: How People Change Economies

This week’s Economic Update features updates on Maine’s progressive economic changes, the documentation by the U.S. Senate on how the wealthiest abuse the estate tax, how Nestle is profiting from...READ MORE


Economic Update: Socialism Past, Present and Future

On this week's episode, Prof. Richard D. Wolff elaborates on his critique of Uber and the gig economy, discusses US Senators endorsing inequality, Norway’s recent decision to pay male and female athletes equally, why corporations...READ MORE


Global Capitalism: November 2017 Monthly Economic Update

Global Capitalism: "China’s Economy Now, Its Growth and Global Impact"
with Richard D. Wolff
Co-sponsored by Democracy at Work, Left Forum, and Judson Memorial Church

These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several of today’s major economic issues. For November 2017, these will include...READ MORE

 


American Hyper-Capitalism Breeds the Lonely, Alienated Men Who Become Mass Killers

This article originally appeared at Truthout.org

Economically, he was one of the growing millions without a secure, meaningful, socially approved, well-paid job. He had previously amassed money by buying and selling real estate, but had no ongoing job. He lacked the relationships that flow from working with others to accomplish a shared goal where each person has a part to play. The stability of a daily job and the people to whom that job connects you are bulwarks against loneliness and mental instability.

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Economic Update: Morality and Economics

On this week's show Prof. Richard D. Wolff presents updates on mostly low-paid service jobs in US future, Senate deregulates banks, college spending per student reinforces income inequality, US loneliness a factor in...READ MORE


Economic Update: How Economies Change

On this week's show, Prof. Richard D. Wolff discusses privatized probation, how New Zealand is rejecting austerity, how the rise in electricity service disconnections prove there is no "recovery," why more and more...READ MORE


La política económica de Obama/Trump

This article originally appeared at Counterpunch.org.  The Spanish version can be found at sinpermiso.info

El capitalismo estadounidense vuelve a precipitarse a un callejón sin salida. Ya se había estrellado en la Gran Depresión, desde 1929 hasta 1933, antes de sacudirse con el New Deal. Después de 1945 se concentró en hacer retroceder el New Deal hasta convertirse bruscamente al neoliberalismo y al "globalismo" en la década de 1970. Esto proporcionó la reconfortante ilusión de unas décadas de "próspera normalidad". Cuando en 2008 ocurrió el segundo gran derrumbe en 75 años se puso de manifiesto la realidad deudo-dependiente de esas décadas. Que además llevó al capitalismo a una nueva depresión seguida por un devastador régimen de austeridad. El derrumbe económico provocó el político: su centro sistémico no pudo sostenerse.

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Economic Update: Success of NY Worker Coops

On this week's show, Prof. Richard D. Wolff presents updates on the passage of CA Disclose Act; Monarch Airlines fails; Equifax, Yahoo, and Johnson & Johnson are...READ MORE


Economic Update: Transition Beyond Capitalism

On this week's show, Prof. Richard D. Wolff focuses on the economic benefits of refugees in the US, the rise of the BRICS nations, the privatization of US public libraries, and...READ MORE


Global Capitalism: October 2017 Monthly Economic Update

Global Capitalism: "Trump’s/GOP’s Tax Plan and a Changing US Economy"
with Richard D. Wolff 
  These programs begin with 30min of short updates on important economic events of the last month...READ MORE


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