Professor of Economics, Author, Radio Host, Speaker

Richard D. Wolff

Crisis – It’s How Capitalism Works

Richard Wolff
posted by | 14224pt
October 23, 2016

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Speak Out Now Revolutionary University hosted 2 days of presentations and discussions on current world problems and possible solutions.  Prof. Wolff addressed the instability of capitalism. Its cyclical downturns, which occur every 4 to 7 years, are responsible for the collapse of businesses and the loss of millions of jobs.  

Revolutionary University video instability Oakland

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  • Joseph A. Mungai
    commented 2016-10-27 10:14:40 -0400
    Karl Marx reports: “Twitter layoffs come atop surprisingly strong profit…It will cut up to 9 percent of its work force, with many of the charges related to the layoffs likely to occur in the fourth quarter…Revenue was $616 million, up 8 percent, and better than analysts’ estimates of $608 million…The profit news and the layoffs were greeted warmly by investors. Shares rose 4.6 percent to $18.08 in premarket trading…” https://www.cnet.com/news/twitters-earnings-mixed-bag-include-layoffs-surprisingly-strong-profit-third-quarter/
  • Joseph A. Mungai
    commented 2016-10-25 16:35:53 -0400
    “Stop the Trans-Pacific Partnership (TPP)”: http://action.citizen.org/p/dia/action3/common/public/?action_KEY=13333
  • Joseph A. Mungai
    commented 2016-10-25 16:10:23 -0400
    Fewer jobs, less service, more expensive — “Pending AT&T/Time Warner merger, and where the two major presidential candidates, Donald Trump and Hillary Clinton, stand on that issue.” (17:09) https://www.youtube.com/watch?v=QOz7lpkQdL4

    “Tell Washington Policymakers to Block the AT&T/Time Warner Merger”: http://act.freepress.net/sign/consol_att_tw_merger/
  • Joseph A. Mungai
    commented 2016-10-25 03:29:13 -0400
    SPEAK OUT: The commander-and-chief defines “instability” and “free market capitalism”? (9:55) https://www.youtube.com/watch?v=7s2lDKoihLk
  • Joseph A. Mungai
    commented 2016-10-25 03:28:55 -0400
    Thank you Julian Assange (6:13) https://www.youtube.com/watch?v=q07VPmPO_g0
  • Joseph A. Mungai
    commented 2016-10-24 16:23:36 -0400
    “Vera Negri Zamagni , PhD: Professor of Economic History, University of Bologna. Former Vice President of the Emilia-Romagna regional government; co-founder (and co-editor, 1997-2001) of the European Review of Economic History; Scientific Board Member, il Mulino; former Secretary General of the Italian Economic History Society; Trustee of the Bologna branch of the Bank of Italy; Doctor Honoris Causa, Umeå University, Sweden (2001); Laurea in history and philosophy, Catholic University of Milan; PhD, Economic History, University of Oxford…” https://www.sais-jhu.edu/vera-negri-zamagni
  • Joseph A. Mungai
    commented 2016-10-24 16:13:08 -0400
    19 minute documentary “WEconomics: Italy — The Emilia-Romagna region in northern Italy has one of the highest concentrations of cooperative businesses in the developed world. The capital, Bologna is an industrial powerhouse, where prosperity is widely shared, and cooperatives of teachers and social workers play a key role in the provision of government services.” [ Call for “Home us only” pricing] http://www.bullfrogfilms.com/catalog/wecoi.html
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Richard D. Wolff is Professor of Economics Emeritus at UMass Amherst and a visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Richard Wolff is also a co-founder and active contributor of his non-profit: Democracy at Work

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