Why is the US Economy so Prone to Crashes?

Since the mid-20th Century, every major recession in the United States has been preceded by an inversion of the bond “yield curve,” a key indicator of the health of the economy. In August, the curve inverted once again, leading to widespread alarm that a significant economic downturn is imminent. 

This article appears courtesy of The Globe Post.

 


#ClearTheLists Puts Focus on Insufficient School Funding

As U.S. schoolchildren return to the classroom, teachers across the country are asking for help from the public to bridge the gap between funding and need through a new viral campaign that is putting renewed focus on the woefully insufficient funding of U.S. public schools. 

This article appears courtesy of Common Dreams.

 


Greed and Hype as New Hurricane Reality

Discussion of destructive potential of Hurricane Dorian, why it has dominated the establishment news and the ominous possibility that the U.S. may be incapable of dealing with hurricanes. 

Read more

Are We at Risk of Another Recession?

Prof. Wolff talks to KPFA about the risk of another recession and the absurdity of Trump’s trade war with China.

This interview appears courtesy of KPFA in the San Francisco Bay area.


State of the U.S. Economy

Donald Trump is proudly claiming that the U.S. economy has never been better, but what is the reality of the state of the economy in the United States? This interview appears courtesy of Sojourner Truth With Margaret Prescod


Economic Update: Homelessness in the U.S.

[S9 E34]

This week on Economic Update, Professor Wolff delivers updates on politicians' "blame game" of scapegoating to avoid blaming capitalism, middle class squeezed by prices, limits of...READ MORE


Socialism in 2019

Prof. Wolff Discusses Socialism in 2019 with Abby Martin on the Empire Files.

Prof. Wolff Talks with Abby Martin: Click Here


How to Move from Capitalism to Co-Op

Richard Wolff Explains Socialism and How to Move from Capitalism to Co-op with Eric Unger and Paul DuPont of Hard Lens Media.

This interview appears courtesy of Hard Lens Media


Prof. Wolff on the State of the Economy

Prof. Wolff Weighs In on the State of the Economy With The Hill's Krystal Ball and Saagar Enjeti.
This interview appears courtesy of The Hill TV: Click Here

How Capitalism Pits Working People Against Each Other

Why are working people fighting each other instead of working together against the billionaire class ruling the country? 
Prof. Wolff joins Thom Hartmann to expose how racism is intrinsic to capitalism and the goal of capitalist. dividing the working class and putting them against each other. How can we stop the rich from dividing the working class?

Exposing How Capitalism Pits Working People Against Each Other: Click Here


Workers' Rights With Jesse Ventura

Prof. Wolff discusses how employment cooperatives may improve the economy with Jesse Ventura. 

Prof. Wolff Discusses Workers' Rights With Jesse Ventura: Click Here


Should Schools Get Rid of Grades?

Prof. Wolff calls the current system of grading students "capitalist."  Sure it sounds popular, but is doing away with grades really a solution to what some call an education crisis? Prof. Wolff talks with FOX News' Lauren Simonetti to answer these questions. 

This interview appears courtesy of Lauren Simonetti and FOX News Radio


Which Is Failing, Capitalism or Trump?

As the US slides closer to a recession sparked at least in part by Trump’s trade war with China, the question arises, is Trump failing capitalism, or is capitalism failing us? Prof. Wolff talks with Sonali Kolhatkar.

This interview appears courtesy of Rising Up With Sonali


We Are Already Overdue for a Recession

Is there a new recession coming? We are already overdue for one of these downturns, according to Prof. Wolff. Trump has launched a trade war, which is bad for both economies with everyone losing thousands of dollars a year due to that. The upswing has been going on too long, so how deep will the next recession be?

Prof. Wolff Says Recession is Overdue: Click Here


How U.S-China Trade War Looks From Within Asia

Prof. Wolff joins Boom Bust to give his latest take on the transpacific trade fight and the near future of the US economy.

Read more

Real Socialism Achieved Through Worker Co-Ops

Prof. Wolff returns to PRIMO NUTMEG to discuss how real socialism can be achieved through worker cooperatives. During this extended interview Primo covers the alternative definitions of "capitalism" and "socialism," as well as how workplace democracy differs from Bernie Sanders' democratic socialism. Also discussed is monetary theory, crypotcurrencies like Bitcoin, the 2020 election, the NeoMcCarthyism of RussiaGate, Noam Chomsky, and the story behind Prof. Wolff's feud with Jordan Peterson.

Read more

Prof. Wolff Talks Recession on Loud and Clear

This Economic System Can't Be Fixed: Millions to Lose Jobs in Recession. Prof. Wolff joins Brian Becker and John Kiriakou on Loud and Clear. 

Fears are spreading around the world as a key recession indicator goes off in the United States and evidence of economic slowdown surfaces in other major global economies. The last economic crisis was an unusually long 11 years ago, raising fears that another major downturn is right around the corner.

This discussion appears courtesy of Radio Sputnik: Loud and Clear


Economic Update: Injustice, Race and Class

[S9 E33]

This week on Economic Update, Professor Wolff delivers updates on the 3 deadly failures of capitalism, the investigation of hi-tech monopolies by the U.S. DOJ, the franchising of...READ MORE


Is China Socialist?

Prof. Wolff has a conversation with Michael Brooks exploring Milton Friedman and socialism in relation to China.

Prof. Wolff Talks to Michael Brooks: Click Here

Read more

Conversation on Worker Ownership with Christian Science Monitor

Who’s the boss? In worker-owned cooperatives, everyone is. This article appears courtesy of 

Christian Science Monitor


Economic Update: Reparations and Forgiving Student Debts

[S9 E31]

Updates on economics of 2 million home health aides, extreme Uber inequalities, Alaska universities 41% budget cuts, Michigan governor during Flint Water Crisis says his critics are...READ MORE


Economic Update: Win Win for Women's Soccer

[S9 E30]

This week on Economic Update, Professor Wolff delivers updates on Trump as a distraction vehicle, more of French President Macron's corruption, how the global coffee price collapse is driving...READ MORE


Economic Update: A Socialist Politician Wins

[S9 E29]

This week on Economic Update, Professor Wolff brings updates on the deprivation of non-white students, how fast food is made worse for profit, Wayfair workers’ demand for power, more scapegoating of immigrants and...READ MORE


Economic Update: Socialism and Worker Co-ops

[S9 E28]

20th century socialism is now behind us. Socialists continued to evaluate both its achievements and failures via extensive self-criticism. A changed socialism has emerged, focused on a transition of workplaces from top-down...READ MORE


What Will Be the Fate of Labor and Manufacturing Workers?

As technology progresses and automation expands, what will be the fate of labor and manufacturing workers across the globe? Prof. Wolff joins Boom Bust to analyze automation and answers who will see the boon from bots in the workforce. See clip here:

Read more

connect