Richard D. Wolff

Economic Update: Seattle Firm Converts to Worker Co-Op

Economic Update: Seattle Firm Converts to Worker Co-Op

December 4, 2018

This week: Updates on Amazon subsidized by New York and Virginia; French people act to limit corporate greed; Sears favors bosses in bankruptcy too; Pfizer ups drug prices despite Trump; California fires expose US economic divide; interview with Matthias Scheiblehner on why his Seattle construction firm Metis converted into a worker co-op

Amazon Gets $3 Billion in NY Tax Breaks While Underfunded Public Transport Enters 'Death Spiral'

Amazon Gets $3 Billion in NY Tax Breaks While Underfunded Public Transport Enters ‘Death Spiral’

November 22, 2018

Prof. Richard Wolff explains why the $3 billion subsidy for one of the world’s largest corporations is a terrible waste of public money

Economic Update: U.S. Midterm Elections

Economic Update: U.S. Midterm Elections

November 20, 2018

This week: Updates on how China hits back economically; capitalism surviving in Italy through explosive debt creation; why lotteries have heavy economic costs; how Grinnell College undergraduate workers successfully organized; Professor Wolff interviews Prof. David Harvey on a Marxist view of the US midterm elections: causes and consequences

Economic Update: Follow The Money

Economic Update: Follow The Money

November 12, 2018

This week: Updates on profits-vs-science and weedkiller “roundup;” most Americans not better off than in 2016; WHO reports bans on corporal punishment of kids and how doing so saves money too; Janet Yellen warns huge corporate debts risk another major economic crash; interview with Riva Enteen, editor of Follow the Money, a collection of KPFA…

Economic Update: U.S. "Sugar Arrangements" Industry

Economic Update: U.S. “Sugar Arrangements” Industry

November 9, 2018

This week: Updates on latest foreign and U.S. elections; the CEA document against socialism; growing inequality of billionaires’ wealth; army represses report on costs and errors of Iraq war; and expose of Maine’s subsidy for corporations by helping indebted students; Dr. Harriet Fraad on the US “Sugar Arrangements” industry.

Economic Update: Virginia Elects a Socialist

Economic Update: Virginia Elects a Socialist

October 29, 2018

This week: Updates on the long term costs on the political economy of the “Trump/GOP” attacks on China; the parallel analysis of increased attacks on immigrants; Michelle Alexander on “The Resistance” today; why record funds are pouring into the U.S. midterm elections; interview with Mr. Lee Carter — a socialist who was recently elected to…

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