capitalism
Economic Update: Capitalism Invites Deepening Criticism
This week: Updates on new approach to Labor Day; DNC accepts fossil fuel donations; Turkey’s crisis as typical capitalist instability; collapse of Genoa toll bridge; exploding gap between CEO and average worker pay; Gallup Poll on capitalism vs socialism in US; and Professor Wolff interviews Dr. Harriet Fraad on why U.S. workers don’t rebel more…
Revolution and the Third World: Exploring the Radical Ideas of Anti-Imperialist Economist Samir Amin
Samir Amin revolutionized economics by centering the Global South. TRNN’s Ben Norton explores the radical legacy of the Egyptian-French anti-imperialist Marxist with scholar Ali Kadri
Andre Vltchek: “Revolutionary Optimism, Western Nihilism”
By David William Pear. A Book Review of Andre Vltchek’s new book: “Revolutionary Optimism, Western Nihilism”, by David William Pear: How can I write a review of Andre Vltchek’s new book Revolutionary Optimism, Western Nihilism? I am damned if I do, and damned if I don’t. Andre himself says that: “There is nothing to add…
Behold, Socialism!
By Andrew Levine / Counterpunch. The news is out: “millennials” hold socialism in high regard. The Sanders campaign seems to have brought the idea, or at least the word, back in from the margins and made it appealing. Two years on, with midterm elections looming, others have picked up the ball and are running with…
Emmanuel Macron in Africa
Economic Update: Criticizing Capitalism
This week with Richard Wolff: Updates on Colorado’s laws favoring co-ops; capitalism and suicide continues; rent control on the California ballot; the effects of U.S. foreign trade controls; the French gov’t vs GE; and Ford buys an old train station it helped destroy; interview with Professor David Harvey on Karl Marx’s contribution to understanding capitalism…
Global Capitalism: Linking Trump and Marx’s Critique of Capitalism
In connection with Prof. Richard Wolff’s discussion of the main topic, he also covers the following: Power and potential of public school teachers’ strikes; The 200th anniversary of Marx’s birth and Marxian economics today; Comparing the conditions of the US and Chinese working classes today
Economic Update: Beyond the Political Theater
Economist Richard Wolff says all the posturing and finger-pointing–from the NRA’s anti-government fear mongering to Trump’s Chinese tariffs–are really just an effort to distract from the real issue: ‘It gets you focused on something other than the economic system that is screwing you’
Wall Street Bankers’ Executive Bonuses Highlight Worsening Inequality
Banks are collecting money from every corner of this economy, becoming “the special winner in the capitalist game of our time,” says economist Richard D. Wolff. The bonuses “strike another blow for that growing inequality between the rich and everybody else in the United States”