Although the connection between the stock market and the general economy is not as close as it used to be, we are overdue for a recession and so the recent stock market upheaval is a sign of economic danger, says Professor Richard Wolff.
Studio: Will Arenas, Bababtunde Ogunfolaju Production: Genevieve Montinar, Bababtunde Ogunfolaju, Andrew Corkery
Richard D. Wolff
Richard D. Wolff is a Professor of Economics Emeritus at the University of Massachusetts, Amherst, and currently a Visiting Professor of the Graduate Program in International Affairs at the New School University in New York. He is the author of many books, including Democracy at Work: A Cure or Capitalism, and Imagine: Living in a Socialist USA.