Prof. Wolff on Loud and Clear. Are we headed toward recession?

This interview originally aired on Radio Sputnik Loud and ClearProf. Wolff joins Loud and Clear. Big tech firms were under fire at a high profile Congressional hearing conducted by the House Judiciary Committee on July 16, raising the spectre of serious anti-trust action against Amazon and other tech giants. Meanwhile, negotiations between the major U.S. automakers and … Read moreProf. Wolff on Loud and Clear. Are we headed toward recession?

Prof. Wolff on Thom Hartmann Show to discuss Trump forcing the Fed to keep interest rates low

Prof. Wolff joined Thom Hartmann to discuss whether or not Donald Trump is forcing the federal reserve to keep interest rates low, to ensure he is re-elected in 2020. The Government in a capitalist system is the lender and spender of last resort. When things are going well, business will tell you how wonderful things are. … Read moreProf. Wolff on Thom Hartmann Show to discuss Trump forcing the Fed to keep interest rates low

Prof. Wolff joins Rick Sanchez to share insights on Deutsche Bank’s mass Layoffs

Prof. Wolff joins Rick Sanchez to share his insights on Deutsche Bank plans to lay off 18,000 employees over the next three years, along with other changes to its business model. He argues that Deutsche Bank’s announcement of the layoffs three years in advance may have been a mistake. https://youtu.be/ahqQcAQByYE   Please follow and like … Read moreProf. Wolff joins Rick Sanchez to share insights on Deutsche Bank’s mass Layoffs

Evet, Kapitalizmden Daha İyisini Yapabiliriz

This article originally appeared at CommonDreams.org. Special thanks to Aydın ÖRDEK, member of Executive Board of Mulkiye Center for Education, for providing the Turkish translation. Çeviri: Ekin Keskin* Kapitalizm kendisini sürekli olarak daha büyük bir eşitsizliğe, istikrarsızlığa ve adaletsizliğe sürüklerken, kapitalizmi eleştirenler çoğalıyor. Kapitalizmin endişeli savunucuları iki şekilde tepki veriyor. Birçoğu eleştirileri önemsemiyor. Ne de olsa, … Read moreEvet, Kapitalizmden Daha İyisini Yapabiliriz

American History and the 2020 Election

This article originally appeared at Counterpunch.org Whatever distractions candidates promote to win voters, some underlying issues will wield their influence on 2020 election outcomes in any case. The biggest of these are the historically accumulated anger and betrayal felt by millions of working class Americans. Since the 1970s, their relative position within income and wealth … Read moreAmerican History and the 2020 Election

Socialism and Workers’ Coops

This article originally appeared at Counterpunch.org. Actually existing socialisms since the 1917 Soviet revolution leave a rich legacy: aspects to build on, aspects to reject. Collective consumption (free education, medical care, subsidized housing, transport, etc.) is among the first and party dictatorship is among the second. Those socialisms’ complex histories also leave a legacy of … Read moreSocialism and Workers’ Coops

What is class?

There is an entire body of political science thinking that has been unavailable in this country for many years because of its association with socialism and the left that have been demonized. Prof. Wolff joins Richard Eskow of The Zero Hour to talk about the insight that literature could offer us. Please follow and like us:

Global Capitalism: May 2019 Economic Update

Rise of Socialism in the US Today with Richard D. Wolff  Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church 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 May 2019, these issues will include…READ MORE Please … Read moreGlobal Capitalism: May 2019 Economic Update

The Truth About Modern Monetary Theory

What is modern monetary theory? Richard Wolff joined Thom to explain. MMT or Modern Monetary Theory is becoming a point of contention in the Democratic Party,. But what is it and what does it mean? How does a government, or a political candidate use modern monetary theory, Can modern monetary theory help end the debt or the national deficit? … Read moreThe Truth About Modern Monetary Theory

Yes, We Can do Better Than Capitalism

This article originally appeared at CommonDreams.org. As capitalism drives itself into ever-greater inequality, instability and injustice, its critics multiply. Worried defenders react in two ways. Many dismiss the criticisms. After all, capitalism has been around a long time and weathered ups and downs before. They presume or hope that criticism will fade as little really … Read moreYes, We Can do Better Than Capitalism

In US and UK, the Working and Middle Classes Are Under Attack

This article originally appeared at Truthout.org The crises affecting the political economies of the U.K. and U.S. are strikingly parallel. The 2008 capitalist crash hit and hurt both badly. Each arranged government bailouts of their major banks and many large corporations. After 2008, they both imposed real economic suffering — austerity — on the mass … Read moreIn US and UK, the Working and Middle Classes Are Under Attack