Economic Update: A Deepening Crisis of Capitalism
This week on Economic Update, Prof. Wolff delivers updates on the IMF’s prediction of slowing global growth, Bank of England warnings on accumulation of sub-prime debt, Nordhaus Nobel prize and...READ MORE
Prof. Wolff takes on Jordan Peterson
Prof. Wolff responds to Jordan Peterson's assertions about Marxism.
Read moreEconomic Update: The Immigration Issue and Capitalism
This week on Economic Update, Prof. Wolff delivers updates on UK's Liberal Democrats advocating serious reduction of wealth and income inequality, Sears CEO blames pensions for Sears' problems, JP Morgan predicts...READ MORE
Global Market Sell-Off Continues
Prof. Richard Wolff joins Boom Bust to talk about markets around the world continuing to fall.
Read moreEconomic Update: Public Policy, Private Pain
On this week's show, Prof. Wolff presents updates on Bloomberg finds US "among least efficient" providers of health care, Poland's unions demand wealth sharing role, money corrupts US politics...READ MORE
Bezos Worth 10 Billion Times Amazon Worker’s Hourly Wage
Prof. Wolff joins Anya Parampil from RT's In Question to discuss who actually produces the company’s wealth: Bezos or his workers?
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NAFTA Replacement USMCA is Mere ‘Theatrics'
Prof. Wolff speaks with Loud & Clear on Radio Sputnik about the latest trade deal agreed upon by the United States, Mexico and Canada.
Read moreEconomic Update: Black Socialists of America
This week on Economic Update, Prof. Wolff delivers updates on Chicago hotel workers strike and Philadelphia parking lot attendants organizing, Cuomo's centrist, money-dependent campaign for Governor, another...READ MORE
Global Capitalism: September 2018 Economic Update
Economic Nationalism: How Capitalism Tries to Cope With Extreme Inequality
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 September 2018, these issues will include...READ MORE
Richard Wolff on the causes and consequences of the Great Recession
Prof. Wolff joined Alex Whisson of Perth Indymedia to discuss the causes and consequences of the Great Recession.
Economic Update: Launching a New University
This week on Economic Update, Prof. Wolff delivers updates on the 10th anniversary of the Lehman Brothers Bank collapse, helping Alexandria Ocasio-Cortez explain how to finance...READ MORE
“Stealing Intellectual Property” is Fake News
This article originally appeared at CommonDreams.org
Trump uses the fake news of “intellectual property theft” to justify his tariff war on China. He boasts that he is going to stop the Chinese stealing that victimizes Americans. In yet another way, he will be the savior of Americans’ economic future, a savior who needs/deserves their votes and donations. He takes his cues from the televangelists.
Read moreThe Great Crash 10 Years Later: No Recovery for Millions of Americans
Prof. Wolff joins Brian Becker and John Kiriakou on Loud & Clear to discuss the effects of the 2008 crash on American taxpayers and where we are a decade later.
Swedish Election Results, Immigration, & MMT
Prof. Wolff talks with Jamarl Thomas about the election results in Swedan, immigration, and Modern Monetary Theory.
Read moreCapitalism Is Not the “Market System”
This article was originally published at Truthout.org
With the Democratic Socialists of America now counting 48,000 people within its membership and socialist candidates such as Alexandria Ocasio-Cortez pushing for free universities and Medicare for All, Americans are once again discussing capitalism versus socialism. Fortunately, they are not doing so in the old Cold War manner of uncritically celebrating one while demonizing the other. Rather, it’s a debate over the choice Americans must make now between keeping capitalism or changing the system to some form of socialism. As debates often do, this debate awakens us to problems and differences in how we understand its basic terms. For clarity and to make progress in this important debate, we need to stop conflating “capitalism” with the market. This is done far too often and on all sides of the debate.
Read moreEconomic Update: Capitalism Invites Deepening Criticism
Updates on new approach to Labor Day, DNC accepts fossil fuel donations, Turkey's crisis as typical capitalist instability, collapse of Genoa toll bridge, exploding gap between...READ MORE
Economic Update: Capitalism's Problems Provoke Opposition
This week on Economic Update, Prof. Wolff delivers updates on Missouri vote for union position, the irrationality of student debt, economic sanction of Iran isolates and costs U.S. for Trump political gains, Monsanto puts profits...READ MORE
Socialists Need To Fight For Economic Change — Not Just Another Version Of Capitalism
This article originally appeared at HuffingtonPost.com
Dissatisfaction with capitalism has reignited a debate about socialism, but people cannot agree on what “socialism” means.
Read moreHow US Politics Sustains US Capitalism
This article originally appeared at Commondreams.org
And why a true transition to socialism requires a wholly different politics.
Read moreEconomic Update: One Big Push Against Capitalism
In the latest episode of Economic Update, Prof. Wolff provides updates on the social costs of criminalizing marijuana, U.S. food outlets being taken over by...READ MORE
Economic Update: Hidden Failures of Capitalism
In this week's episode, Prof. Wolff presents updates on Europe's higher labor force participation; Cuomo campaign fakes "small donations"; US restaurants...READ MORE
Trickle Up Theory: A "New Deal" Casts off Austerity Measures For Portugal
Professor Wolff joins The Thom Hartmann Program to discuss Portugal's successful removal of Austerity measures and the start of a trickle up economy, whats going to happen when the people realize that we can take care of each other without the morbidly rich stepping in?
Read moreWorker Self-Directed Enterprises and Socialism
Prof. Wolff joins The Sensible Socialist to talk about worker cooperatives and socialism.
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