Prof. Wolff joins Brian Becker on The Socialist Program to discuss the Biden administration's next big priority -- passing an infrastructure plan his administration says will create a huge number of jobs. What’s in the proposal, will it pass and what does it mean for the working class?
Professor Wolff joins the Community Church of Boston to discuss capitalism as a problem, and cooperation as a solution.
"Crises accumulate within US capitalism today. They include extreme, growing economic inequality; business cycle instability; mounting climate, viral and other environmental dangers; racial, gender, etc.social divisions and conflicts. Inability to prepare for, contain, or end these crises flows from the basic structure of capitalist enterprises. Restructuring factories, offices, and stores as cooperatives can overcome those crises."
Professor Wolff joins KPFK Evening News to comment on Biden's recent statements that he wants to "start to reward work not just wealth" by taxing wealth. Wolff says when the bar is as low as it is today, anything is a step in the right direction, but that that phrase is already damning with faint its praise.Read more
[S11 E12] New
On this week's show, Prof. Wolff discusses the US coal industry decline, Brazil's Covid disaster, economic surge after Covid, and Elizabeth Warren's wealth tax...READ MORE
In this clip from the Waking Up With Julianna Forlano show, Professor Richard D. Wolff discusses how China is becoming the world economic leader, and what that looks like for the average American, and what happens to US citizens and families as this process continues.Read more
Prof. Wolff joins Brian Becker on The Socialist Program to discuss the Biden administration's new major economic proposal, promising to spend trillions to create huge numbers of jobs and enact policies beneficial to working people. But what is this plan really?
While the United States has had a swift vaccination process so far, Europe is seeing a struggle to deliver doses to its population, causing a rift between the United Kingdom and the mainland. Professor Richard Wolff joins the Boom Bust to discuss the growing fracture and global hesitancy to adopt certain COVID-19 vaccines.
"Unfortunately, this is the way the system works. This is a global pandemic, it needs a global response, and what we have instead is different companies lobbying with different governments to get advantages."
On this the 110 year anniversary of the Triangle Shirtwaist Factory Fire, one of the largest industrial tragedies in our nations history, Professor Wolff speaks with Julianna Forlano on ActTV to answer the question: Is it a tragedy when you lock young women into a fiery death trap or is it something else? Like murder?Read more
[S11 E11] New
On this week's show, Wolff talks about the taxing of CEO pay in the US, the immoral and self-defeating vaccine policy, and LeBron James speaking out on...READ MORE
Prof. Wolff joins Brian Becker on The Socialist Program to discuss inflation. Treasury Secretary Janet Yellen assured the public last weekend that growing fears of rising inflation are misplaced. Is this true? What is inflation? Why does this matter for the working class?
Relations between Beijing and Washington are at a worrying new low as the two superpowers meet in Alaska for a tense, highly-anticipated summit. The Biden administration has just imposed a new round of sanctions of Chinese individuals and entities and referred to its government as "insidious, corrosive and corrupt." Meanwhile, the Chinese economy is set to overtake that of the US in 2028. RT America's Alex Mihailovich reports for the News with Rick Sanchez. Prof. Richard Wolff joins The News with Rick Sanchez to share his insights on this.Read more
Richard Wolff joins The Hill's Rising with Krystal Ball & Saagar Enjeti to analyze the latest relief package. "What really irks me is the comments from some of the Democratic leaders. The other day a statement from Joseph Stiglitz, a Nobel prize winning economist who should know better, this notion that it is 'transformative,' that it's going to eradicate poverty, this is nutty. This is not gonna do that... You're grateful for [the help], but boy is this less than what we need... So comparing [Biden] to FDR does a disservice to one of the few who were willing to think structurally in the history of the Democratic party."
[S11 E10] New
On this week's show, Prof. Wolff presents updates on the Texas energy catastrophe, the 'Robinhood/Reddit' Wall Street incident, college workers organizing, Hollywood's dependency on China, and how New Zealand...READ MORE
Richard Wolff joins Radio Sputnik to discuss the 1.9 trillion dollar COVID-relief package, and gives our hosts his idea of what would be necessary to address both proximate and structural problems in the US economy. Also, Dr. Wolff critiques the economic response to the economic fallout from the pandemic.
"Notice please, that almost everything that is in this bill is a temporary support. That's why the word 'rescue' is appropriate... I appreciate the help and the relief that there will be, but none of this changes the basic structure of the American economy and that's the biggest problem: not even the virus, not even the crash. It's a system that isn't working, not a lack of resources."
Richard Wolff joins Watching The Hawks to break down the good, the bad, and the ugly of the Biden Covid-19 Stimulus.
"I believe Nancy Pelosi was the one who referred to it (or at least one of the leaders in the congress) as a 'transformative' bill. That's what it isn't and that has to be understood or else we're going to be in a very, very dangerous position in which promises are made or implied and will not and cannot be kept."
Richard Wolff joins RJ Eskow on The Zero Hour to discuss the new stimulus bill and why it is not the transformative action that we need.
"A 'stimulus' carries with it the implication that the basic structure and the basic organization of what you're trying to stimulate is not the problem... I don't believe it for one minute. I don't think we're at that point. I think what the economy needs is a radical transformation."
Food lines, growing prices, and widening inequality are all leading to global unrest. Economist Richard Wolff warns that it will only get worse.
What is the relationship between rising food prices and social unrest? Prices have increased by 2.4% in just February. What does this mean for the economy? What does that mean for the world's hungry? Professor Richard Wolff joined The Thom Hartmann Program to discuss how healthy the economy is for food and whether there is trouble on the way.Read more
The Socialist Program: Why are Super-Rich Democrats Called "Moderates" When they Wage Class War vs. Low-Income Workers?
Why are super-rich democrats called "moderates" when they wage class war vs. low-income workers? Professor Wolff joins Brian Becker on The Socialist Program to discuss the "moderate" label, as well as the new $1.9 trillion stimulus as bill.Read more
The $1.9 trillion stimulus bill has made its way through both houses of Congress and is on the way to President Biden's desk. Prof Wolff joins Boom Bust to lend his analysis and forecasts about the potential efficacy of the programs within the bill.
"Will it give a boost to the economy? In the short run probably yes... For me what's the key issue here is the sustainability of whatever boost it gets and I don't think it's enough, and I think it's very late in the day. So I'm very worried that the promises and the great hopes that have been generated here will not see fruition beyond that initial boost."
The coronavirus pandemic, the deepening economic crash, dangerously divisive political responses, and exploding social tensions have thrown an already declining American capitalist system into a tailspin. In this video the economist Richard D. Wolff discusses how capitalism works and doesn't work as he describes his new book from Democracy at Work "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" and Douglas Lain tries to set up a conversation on State Capitalism and Workers Co-Ops for the parrot room.Read more
Increased social media and tech censorship must be understood in the wider context of the establishment desperately seeking to hold on to what used to be called "the vital centre", a US-based author and economist tells Sputnik. Professor Wolff explained why such behaviour by internet giants must be understood as part of a wider collapse of the economic system, and the attempts of those who already hold power to reaffirm and consolidate their ever weakening position.Read more