On this week's episode of Economic Update, Prof. Wolff provides updates on more VW sleaze, Irish bankers to jail, US public pension economics, Yale worker wins back job, Yale exposed. Interview with...READ MORE
Economic Update: The System Exposed
On this week's episode of Economic Update, Prof. Wolff provides updates on Olympic economics, mass transit, productivity truths, labor weakness and political parties, golden parachutes...READ MORE
Economic Update: Economics of Worker Coops
On this week's episode of Economic Update, Prof. Wolff provides updates on Macy's closing 141 stores, Clinton campaign economics...READ MORE
Economic Update: Psychology, Economics, and Orlando
On this week's Economic Update, Prof. Wolff provides updates on minimum wage raises, economics of prisons, evidence that notions of "economic recovery" are myths for most of world. Interview with Dr Harriet Fraad on...READ MORE
Economic Update: What Brexit Means
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
TRNN: "French Labor Law, Brexit, and Greek Austerity: Class War Against European Workers"
Prof. Wolff joins The Real News Network to discuss the class war waged on workers in Europe and the growing number of protests sweeping the continent, from France to Greece.
Read moreEconomic Update: Small Victories, Big Lessons
On this week's episode of Economic Update, Prof. Wolff provides updates on victories (1) over US sugar industry and (2) in reducing Sweden's 40-hour workweek to 30 hours with no pay cut. Major analyses of jobs moving south...READ MORE
Richard Wolff on the Changing Tides of Capitalism and Socialism
This article originally appeared at Truthout.org
Nearly 30 years ago, many capitalists were celebrating what political scientist Francis Fukuyama called the "ultimate victory of the VCR": where consumerism sank communism. However, they failed to calculate the effects of this consumerism on the environment. They also failed to predict how the public would start to tire of a situation in which a very small percentage of capitalists are reaping all the benefits while the rest of us are sinking deeper and deeper into debt, poverty and powerlessness.
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Economic Update: Pro-environment, anti-capitalist
On this week' episode of Economic Update, Prof. Wolff. provides updates on fossil-fuel divestment, Zika virus economics, product recalls , and payday loan scandal. Interview with...READ MORE