Richard Wolff on Aljazeera: "I have never seen the American economy in worse shape... I think the system is shaking. Whether it will disappear or not, I dont know. But if you say to me, is this is the first time that you've imagined that it's possible, the answer is yes."Read more
We are at the apocalyptic stage in the economy and a huge dive could be on the way. Commercial rents have not been paid by shops or offices and now the commercial landlords are taking them to court or going bust themselves. Unless something radical happens, the US is heading towards being like a third world country. Richard Wolff joins Thom Hartmann to discuss employment...Read more
With a possible 100,000 new Covid-19 cases per day according to Anthony Fauci, and half of US population without a job. the US has embraced on a crisis far beyond anything we have seen in our lifetime and in American history. Prof. Wolff joins Loud & Clear's Brian Becker to discuss.Read more
[S10 E25] New
On this week's show, Prof. Wolff argues that preparing and coping with the Corona pandemic was inadequate...READ MORE
Professor of Economics Richard Wolff explains the dire direction our economy is headed towards as unemployment continues to skyrocket.Read more
Prof. Wolff joins Thom Hartmann to discuss how the business sector has borrowed so much money at low rates of interest, among them crooks and speculators who borrowed for dubious investments.Read more
Richard Wolff weighs in on the International Monetary Fund's (IMF) issuing of a grim outlook for global growth in the wake of the novel coronavirus pandemic. "My hat goes off to the IMF for being able and flowing to correct their own now we can see rosy projections and to take into account how serious this is."Read more
Trump's new executive order suspends H1B work visas until December. Indian nationals make up about 70% of these visas, followed by Chinese nationals. Richard Wolff weighs in on what this means for American business, the world perception of the US, and the affects on US workers.
"For those people that believe that all of these jobs will stay here but now they will go to Americans, that's just silly. The history doesn't show that. Most of the hiring will now move aboard. The same people who complained about these folks, these immigrants, getting these jobs will not complain that the jobs are over there and they should be here... For most capitalist it really doesn't matter all that much whether you employ them over there or here. So my bottom line is, this is more theater from Mr. Trump."
Julianna welcomes back recurring guest, Marxian Economist Professor Richard D. Wolff, to the show to discuss how the eyes of the world are on racial inequities in the United States right now, and while we hope outside pressure will help bring justice to Black communities, Americans need to stay focused on what we can do from the inside. And how one way we can do that is through our labor unions, who often successfully win power back to their workers. How can they join the fight for Black communities? Professor Wolff is here to answer that question!Read more
Richard D. Wolff joins Fault Lines to talk about America's industrial policy and how outsourcing impacts the black community in America, as well as the nature of the worldwide economic underclass and why Wolff believes it's an inevitability of the cyclical economic crises endemic to capitalism.Read more
Has the Fed bailout gone beyond a bailout? Are the Fed buying stock in companies that are in serious trouble? The Fed is buying in the private market using money they have printed, which nobody else can do. Richard Wolff joined Thom Hartmann to discuss whether the Fed are doing the right or wrong thing.Read more
The United States has eased some pressure on Huawei in the name of uniform 5G standards, but will the country cede ground in this ongoing fight? Richard Wolff joins Boom Bust to analyze the latest law regarding the Chinese telecom giant, and what major emerging economy has become the new front in the fight for 5G supremacy.Read more
A shorter work week would not only make for a better work/life balance it would also increase overall productivity and the ability of citizens to more meaningfully participate in democracy, says economics professor Richard D. Wolff.
Richard Wolff joins Loud & Clear to talk about our new economic crisis and the reactions to it.Read more
Is capitalism run completely off exploitation? Richard Wolff answers this on Thom Hartmann by pointing out who does the policing. How are we going to handle capitalism's dirty little secret?Read more
Richard Wolff joins Brian Becker on Loud & Clear to discuss the commercial rent crisis. Only 50% of commercial rents were paid in April and May and many landlords have already filed lawsuits against their tenants. "We are now in a phase of the economic downturn where everybody is on their own."
But what happens to society if the landlords don't get their rent?
[S10 E22] New
On this week's show, Prof. Wolff explores what a socialist response to COVID-19 would have...READ MORE