Richard D. Wolff

Economic Update: A Deepening Crisis of Capitalism

Economic Update: A Deepening Crisis of Capitalism

October 22, 2018

This week: Updates on the IMF’s prediction of slowing global growth; Bank of England warnings on accumulation of sub-prime debt; Nordhaus Nobel prize and market ideology; Dutch unions and others against corporate tax evasion; signs of labor militancy in Marriott strike and profit-sharing demands of steelworkers; interview with Chris Hedges on his latest book: America:…

Economic Update: The Immigration Issue and Capitalism

Economic Update: The Immigration Issue and Capitalism

October 16, 2018

This week: Updates on UK’s Liberal Democrats advocating serious reduction of wealth and income inequality; Sears CEO blames pensions for Sears’ problems; JP Morgan predicts next financial collapse in 2020; failure to deal with opioid crisis; G-20 meeting in Argentina evades real issues; Europeans clash with U.S. over trade with Iran; and a trivial SEC…

Economic Update: Black Socialists of America

Economic Update: Black Socialists of America

October 7, 2018

This week: Chicago hotel workers strike; Philadelphia parking lot attendants organizing; Cuomo’s centrist, money-dependent campaign for Governor; another socialist wins an election; McDonald’s workers strike in 10 cities against employer’s failure to stop sexual harassment; interview with Z and Sean, two leaders of the new Black Socialists of America

Economic Update: Launching a New University

Economic Update: Launching a New University

September 25, 2018

This week: Updates on on the 10th anniversary of the Lehman Brothers Bank collapse; helping Alexandria Ocasio-Cortez explain how to finance socialist projects; Colin Kaepernick’s ad for Nike and more contradictions of capitalism; Professor Michael Pelias on the rationale and goals of launching a new Left University in New York City

Economic Update: Capitalism Invites Deepening Criticism

Economic Update: Capitalism Invites Deepening Criticism

September 8, 2018

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…

Economic Update: Capitalism’s Problems Provoke Opposition

September 2, 2018

This week: Updates on Missouri vote for union position; the irrationality of student debt; economic sanction of Iran isolates and costs U.S. for Trump political gains; Monsanto puts profits over cancer risks; Louisiana legislature punishes big banks for lending to assault rifle producers; special guest: Troy Walcott, a Spectrum Cable technician on strike in New…

Economic Update: Capitalism, Changed by its Contradictions

August 27, 2018

This week: Updates on the growing poverty rate in California; the epidemic of childhood obesity in the U.S; and the economic fallout of Trump’s steel tariff; special topic: Professor Wolff’s explanation of how politics in the United States has sustained capitalism and what the politics of change will require

Economic Update: One Big Push Against Capitalism

August 21, 2018

This week: Updates on the social costs of criminalizing marijuana; U.S. food outlets being taken over by foreign conglomerates; the capitalist spawned labor conflict in India; Trump and the Signature Bank swamp; and New Zealand mandates 10-days paid leave for victims of domestic violence; Interview with Matt Christman and Will Menaker of the Chapo Trap…

Economic Update: Hidden Failures of Capitalism

August 13, 2018

This week: Updates on Europe’s higher labor force participation; NY Governor Cuomo’s campaign is faking “small donations;” U.S. restaurants decline as pinched incomes force home delivery of food; how the “market” housing system causes homelessness; and how the U.S. educational system fails to overcome a racial wealth gap; Interview with Dr. Harriet Fraad on the…

Economic Update: Millennials for Revolution

July 23, 2018

This week: Updates on how Trump’s tariffs are affecting Americans jobs; shifting capitalist alliances don’t change the system; the Irish parliament’s decision to stop investing in fossil fuels; how Washington state forced fast food employers to stop rigging labor market against employees; why Germany’s “dependence” on Russia is less that the U.S. dependence on China;…