[S9 E44] Political Strategy for Transition This week on Economic Update, Professor Wolff discusses a political strategy for transition beyond capitalism to an economy based on democratic worker-owned co-operatives. The first half explores…READ MORE Please follow and like us:
Jerome Powell announced yet another rate cut on Wednesday, bringing the tally to three in 2019 as the US economy continues its uncertainty. Prof. Wolff dissects the data and what the move means for markets stateside and around the globe. Please follow and like us:
There is a high risk of ignoring how much money is owed by corporations. If the interest rate rises even by a small amount, many will default. That could bankrupt thousands of businesses and put millions out of work with no income. Bad decisions made when borrowing cheap money will come back to bite when … Read moreWill We See a Crash Before It’s Too Late?
[S9 E43] US’s Profit-Driven Medicine The first half of this week’s episode of Economic Update features updates from Professor Wolff on Berlin, Germany’s law freezing all rents for…READ MORE Please follow and like us:
[S9 E42] On this week’s EU, Prof. Wolff presents updates on costs of NBA offense to China, worsening global inequality, poverty mocks Nobel prize for 3 economists working on…READ MORE Please follow and like us:
Hong Kong and China learn how to live together after a century of separation. Prof. Wolff joins Rick Sanchez to discuss the Hong Kong protests, arguing that “Hong Kong needs China more than China needs Hong Kong.” Please follow and like us:
Countries around the world are rising up against increasing income inequality and lack of economic opportunities, especially for young people. What are the economics behind the protests in Haiti, Lebanon, Chile, Ethiopia, Ecuador, and Iraq? Prof. Wolff talks to Loud & Clear’s Brian Becker. Listen Here Please follow and like us:
Following months of scrutiny by lawmakers across the globe, Mark Zuckerberg faced Congress where lawmakers grilled the social media CEO on the libra digital currency. Prof. Wolff joined Boom Bust to break down the blockchain battle and what it means for the future of FinTech. Please follow and like us:
The U.S. and Chinese trade negotiators are working on nailing down a Phase 1 deal for their presidents to sign next month, U.S. Treasury Secretary Steven Mnuchin has said. Prof. Wolff says, “Trump typically makes tremendous grand deal statements about breakthroughs in talks with China which then turn out not to be the case, afterwards Trump usually … Read moreTrade Deal Turbulence
[S9 E41] The first half of this week’s episode of Economic Update features updates from Professor Wolff on the U.S. housing crisis as a systemic failure using the example of the homeless LA opera singer, Greta Thunberg’s critics, how the Europeans…READ MORE Please follow and like us:
[S9 E40] This week on Economic Update, Professor Wolff examines the structure and functioning of the large capitalist corporation dominating modern economies. He discusses…READ MORE Please follow and like us:
Prof. Wolff discusses the pending “temporary deal” between China and the U.S., Wall Street’s likely reaction and how it could affect Beijing’s meteoric rise. Please follow and like us:
The Feds are controlling the business cycle, or do they just want to make us think they are? Prof. Wolff joins Thom Hartmann to discuss the how the feds have manipulated the business cycle. Please follow and like us:
President Trump and Chinese Vice Premier Liu had a high stakes meeting at the White House in a bid to avoid new tariffs on $250 billion worth of Chinese goods. Brian and John speak with Prof Wolff to discuss the the big picture behind the U.S.-China trade war. This interview is courtesy of Loud & Clear … Read moreWhere is the U.S.-China Trade War Headed?
Trade negotiations between the U.S. and China are set to resume this week, but now the fight has spilled over into a new realm…the basketball court. Prof. Wolff joins RT’s Boom Bust to break down what the spat means for negotiations. Please follow and like us:
[S9 E39] In the first half of Economic Update this week, Professor Wolff discusses how and why socialism changed from what it meant in the 19th and 20th centuries (public enterprises…READ MORE Please follow and like us:
[S9 E38] This week on Economic Update, Professor Wolff delivers updates on California events (LA Times labor union, 80,000 Kaiser workers to strike, new state public banking law), gross inefficiency of private…READ MORE Please follow and like us:
Prof. Wolff pens an article challenging both Republicans and Democrats to admit their policies’ failures and to open the public and professional discussion on capitalism’s recurring recessions and to systemic critiques and solutions involving systemic change. This article appears courtesy of Truthout. Please follow and like us:
The power of the U.S. dollar has been the dominant player in the financial world for decades, but could that be on the verge of changing? Prof. Wolff joins Boom Bust to break down what the future has in store for the greenback around the globe. Please follow and like us:
[S9 E37] This week on Economic Update Professor Wolff delivers updates on the ICE raid in Mississippi, global comparisons of gun violence and conservatives’ reactions to…READ MORE Please follow and like us:
Prof. Wolff joins Eugene Puryear and Sean Blackmon to talk about how U.S. Presidents, the World Bank and IMF use economic sanctions and aid to coerce foreign leaders, the state of the global and US economy, and the ongoing trade war between China and the U.S. This interview can be heard courtesy of Sputnik Radio. Please … Read moreWorld Bank and International Monetary Fund Global Coercion
The Federal Reserve has cut rates yet again, as demanded by President Trump, but what will this move mean for markets? Prof. Wolff appears on Boom Bust to break down the future for the Fed. Plus, Amazon’s algorithm is under a harsh spotlight today as recent reports allege the company’s search tool favors the company’s … Read moreFederal Reserve Cuts Rates
[S9 E36] This week on Economic Update Professor Wolff delivers an analysis of the state of the U.S. economy at summer’s end, 2019 and it’s a decidedly mixed picture. In the second half of…READ MORE Please follow and like us:
A constructive debate on neoliberalism, capitalism & socialism. In addition, Prof. Wolff is questioned about the underlying principles and methods of socialism and whether a reformist or revolutionary approach is required in order to improve the system. Watch the discussion here with Zain Raza on acTVism Munich Please follow and like us:
Prof. Wolff joins ActTVism Munich to talk about neoliberalism, capitalism & socialism. In addition, Prof. Wolff is questioned about the underlying principles and methods of socialism and whether a reformist or revolutionary approach is required in order to improve the system. Please follow and like us:
Prof. Wolff talks with The Hill on what the latest GM strike means for the labor movement overall. Please follow and like us:
Banks are supposed to hold a percentage of every dollar in reserves, which means they have a large pile of money. What happens if the government wants to stimulate the economy, by telling the banks they can lend out part of their held deposits or all of it? The last time the banks were able … Read moreThe Last Time Banks Did This, They Caused A Financial Crash
[S9 E35] The first half of this week’s episode of Economic Update features a discussion by Professor Wolff on the parallels of declining capitalism in the UK and the U.S. and how the…READ MORE Please follow and like us:
Attorneys general for 50 U.S. states and territories announced an antitrust investigation of Google. It will be a wide-ranging review of the tech giant, just one that has come under fire in recent years for practices that threaten competition, consumers and the continued growth of the web. This is hardly the first time Silicon Valley … Read moreWhy Do Tech Giants Get Away With Hurting Consumers?
Prof. Wolff joins Julianna Forlano on Waking Up with Julianna Forlano on WBAI to discuss the impact decisions made by giant tech companies have on our lives. Please follow and like us:
The US-China Trade Wars: Causes, Prospects, Risks with Richard D. Wolff Co-sponsored by Democracy at Work & Judson Memorial Church In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the September 11th, 2019, event…READ MORE Please follow and like us:
Since the mid-20th Century, every major recession in the United States has been preceded by an inversion of the bond “yield curve,” a key indicator of the health of the economy. In August, the curve inverted once again, leading to widespread alarm that a significant economic downturn is imminent. This article appears courtesy of The Globe … Read moreWhy is the US Economy so Prone to Crashes?
As U.S. schoolchildren return to the classroom, teachers across the country are asking for help from the public to bridge the gap between funding and need through a new viral campaign that is putting renewed focus on the woefully insufficient funding of U.S. public schools. This article appears courtesy of Common Dreams. Please follow and … Read more#ClearTheLists Puts Focus on Insufficient School Funding