Richard D. Wolff

Does Donald Trump – now the official Republican Party presidential candidate – offer anything other than lights, smoke and insults? 

Prof. Wolff joins RT's On Contact With Chris Hedges and discuss capitalism in crisis.  

On this week's episode of Economic Update, Prof. Wolff provides updates on platform contradictions, the VW scandal, CEOs pay explosion, Italian banks crisis, scary US auto loans. Major discussions of...READ MORE

On this week's Economic Update, Prof. Wolff discusses leaders" exposed by crises: Johnson in UK, Dimon in US. Stagnant incomes for most. Interview with...READ MORE

“The Great Emerging Conflict: Capitalism vs Worker Coops”

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 Prof. Wolff analyzes several major economic issues. For July 2016, these will include...READ MORE

In this EconoMinute, Prof. Richard Wolff talks about the decision made by the people of Great Britain to leave the European Union, what the decision means...READ MORE

This article originally appeared at Truth-out.org.

Mark Karlin: Let's start with the a statement from the preface of your book: "Questioning the capitalist system, let alone discussing system change, simply does not occur to mainstream academics and the journalists and politicians they trained. Such discourses are repressed." How is an open public discussion of capitalism stifled?   

On this week's episode of Economic Update, Prof. Wolff provides updates on new Puerto Rico deal, French street battles, German leaders' need humility, fake Cleveland revitalization, selling out national parks. Major analysis of...READ MORE

This article originally appeared at Truth-out.org.

People have always chosen among different co-existing economic theories to understand the world and to act within it. Who chooses which theory, consciously or not, shapes world history. Disagreements over Brexit emerged partly from different ways of understanding the British economy and its relation to Europe. Donald Trump's support grows partly out of economic theories different from those used by supporters of Hillary Clinton or Bernie Sanders. The last century's global politics swirled around quite different theories of the difference between capitalism and socialism. Political struggles often reflect clashing economic theories and political strategies often include making one theory dominant and marginalizing or silencing others.