Richard Wolff

Economic Update: Why Capitalism Demonizes Government

Economic Update: Why Capitalism Demonizes Government

November 27, 2018

This week: updates on UK war on “Unexplained Wealth;” why capitalism needs yet attacks government; historical reality of low wages in US; cozy deals between big corporations and credit rating agencies again; discussion of capitalism’s oscillations between nationalist and internationalist phases (are we now moving backwards to nationalism again?) and once more on the inefficiency…

Economic Update: Contradictions Coming Home

July 1, 2018

Updates on the exploding suicide rate in the US, irrational home-building reflects and worsens inequality, VA nurses sue because of overwork required but not paid for, Uihlein family gives extreme right wing candidates (including Roy Moore), mocking claims that this is a one-person-one-vote democracy, Interview with Eli Campbell on the exploding student debt issue and…

Global Capitalism: Linking Trump and Marx’s Critique of Capitalism

Global Capitalism: Linking Trump and Marx’s Critique of Capitalism

May 14, 2018

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: Employees VS Employers

Economic Update: Employees VS Employers

April 30, 2018

This week: German workers who elect almost half of corporate boards of directors; major US corporations with negative tax rates; Kentucky governor maneuvers against black-lung victims; involuntary part-time employment; epidemic of U.S. evictions; Trump’s tariffs on China

Economic Update: Struggling Against the System

Economic Update: Struggling Against the System

April 23, 2018

This week’s topics include: Updates on teachers’ strikes; capitalism abuses facebook; colleges reward privilege and reproduce it; Shell Oil knew about fossil fuels and global warming for last 50 years; UK housing size shrinks; Sinclair Broadcasting traps employees

Economic Update: Beyond the Political Theater

April 9, 2018

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’

Economic Update- Capitalism Breeds Inequality

March 29, 2018

Since 1980, the income of the top .001 percent went up by six hundred percent, but the bottom fifty percent saw no income increase at all, says economist Richard D. Wolff

US Government Shutdown

October 15, 2013
Richard Wolff explains the history behind the Tea Party