Updates on resurging child labor in US, colleges athlete vote to join unions, unionization sweeping not-for-profit charities (hospitals, museums, etc) such as MassMoca in western Massachusetts. Major discussion of how capitalism concentrates power in mass media (including social media), in authoritarian internal structures of corporations, and via donations and other controls exercised...
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This week on Ask Prof Wolff Live, we explore anti-inflationary measures implemented by central banks, the rationale behind income caps subject to social security tax, and the potential implications of transitioning from a socialist or communist economy to a wartime footing.
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This week’s Economic Update Professor Richard Wolff discusses the UAW union’s latest moves. Their organizing drives at auto plants, their efforts to form unions among employed and free-lance journalists. In addition, we will highlight New York Governor Kathy Hochul’s decision to deploy national guard troops in New York City subways...
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We need to add to the powerful emerging union movement and unite it with all of our progressive movements whether Climate Justice, Black Lives Matter, the Feminist Movement, or the Sexual Rights Movement. We need one big multifaceted union and a political party that expresses that unity. In solidarity.
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This week's episode of Economic Update we discuss we discuss United Kingdom politician George Galloway by-election victory, and the raised minimum wage in UK. We will comment on Elon Musk's lawsuit against the NLRB, as Trader Joe, Starbucks, and Amazon also join to ask right-wing Supreme Court to gut regulation...
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In this installment, Prof. Wolff discusses the impact on children's autonomy, explores the intersections of class struggle with other forms of oppression, and unravels the intriguing concept of "Scientific Socialism." Following the insightful discussion, Prof. Wolff addresses a range of questions from the audience, providing deeper understanding and perspectives on...
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This week's episode of Economic Update hosted by Professor Richard Wolff, we discuss the underemployed of US college graduates, failed anti-Russian sanctions, the collapsed UK birthrate, and expanding wars in the Middle East, we will dive into the costs and risks in absence of a ceasefire in Gaza. Finally we...
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The time for colonialism and settler colonialism is over! Whether it's in South Africa, America, Europe or Israel. The world is transforming. With the rise of China and the other BRICS nations, the United States have less power. The remaining US wealth is racing towards the billionaire class leaving the...
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This week's episode of Economic Update hosted by Professor Richard Wolff, we discuss the Philadelphia University of the Artist Faculty Union and its struggles; we clarify what declining inflation does and does not mean; we answer the question: as to why sanctions fail. Finally we interview Essence Magazine's senior news...
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This week's edition of Ask Prof Wolff covers a range of topics including the degrowth movement, labor and artificial intelligence, globalization's effects on national economies, and the promotion of worker-owned enterprises. Through historical context and economic theory, the discussion explores capitalism's intricacies, aiming to illuminate transformative possibilities for a more...
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News & Newsworthy
This section is dedicated to D@W appearances, op-eds and articles by our contributors. D@W is not affiliated directly with these organizations, companies or entities.
On this episode of The Socialist Program Brian and Prof. Wolff discuss US attempts to minimize China's production of computer chips, the scale of which is proving to be a big draw for US-based corporations. Is it really possible to ice China out of the global supply chain?
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Prof Wolff joins The Socialist Program to discuss the intensifying U.S. efforts to apply pressure on global financial institutions in the Global South to enforce sanctions against Russia. Despite initial expectations for a quick economic collapse, Russia's economy has proven resilient, and Washington is now targeting banks in countries like...
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Prof Wolff joins The Source to talk about global economic challenges, focusing on the impact of Western sanctions against Russia and the U.S.'s declining influence. Despite sanctions, Russia's economy shows growth, credited to Russia's strengthened ties with non-Western economies like China and India.The sanctions are a failed attempt to control...
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Prof Wolff joins The Socialist Program to discuss potential new U.S. legislation that could ban TikTok, fueled by anti-China sentiment and a new wave of McCarthyism. He contends that various elements contribute to this movement, including politicians seeking publicity and businesses desiring a competitive edge. Wolff notes that similar restrictions...
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Prof Wolff joins The Critical Hour to discuss President Biden's State of the Union address, expressing that Biden's narrative of a strong economy is disconnected from the reality of American inequality and struggles. According to Wolff, the president's optimistic depiction contradicts the actual economic hardships like homelessness, mental health issues,...
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When Napoleon engaged Russia in a European land war, the Russians mounted a determined defense, and the French lost. When Hitler tried the same, the Soviet Union responded similarly, and the Germans lost. In World War 1 and its post-revolutionary civil war (1914-1922), first Russia and then the USSR defended...
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Prof. Wolff joins Black Power Media to discuss socialism, economics, and the transformative power of worker cooperatives. He emphasizes that socialism, for him, involves collective decision-making around production and distribution, democratically controlling the surplus that workers create. Co-ops are seen as a transitional strategy towards socialism but are not a...
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Prof Wolff joins Dialogue Works to discuss current geopolitical tensions, including Europe's involvement in Ukraine, neoconservative influence in US foreign policy, and the shifting balance of power in the global economy. He highlights the West's failure to undermine Russia, European politicians' refusal to admit mistakes, and the risks Europe faces...
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In this episode, Prof Wolff and Brian Becker delve into the reasons behind the concentration of nearly $1 trillion in wealth among just five individuals, contrasting this with the modest one-time awards or cash prizes typically received by inventors, scholars, and celebrated figures in various disciplines. They also explore how...
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Prof Wolff joins Dialogue Works to provide insights on his perspective regarding the interview with Vladimir Putin by Fox News host Tucker Carlson. He discusses the importance of such interviews as opportunities to understand official positions and potentially uncover new information about international conflicts such as the war in Ukraine....
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Essential Reading
If you want to understand capitalism in order to make society better, then understanding Marx’s analysis is fundamental in drawing your attention to capitalist production’s core conflict: class struggle. It is everywhere, and it influences everything and everyone in our society. Marx is the theoretician who first explained it systematically. He was a social critic for whom capitalism signified not the end of human history, but the latest phase that badly needed a transition to something better.
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The coronavirus pandemic, economic crash, political divisions, and social tensions have plunged the declining American capitalist system into chaos. In this collection of over 50 unique essays, Prof. Wolff argues that a mere return to normalcy is inadequate to tackle the accumulated problems of US capitalism.
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Understanding Socialism tackles the taboos and unveils the often hidden histories of socialism, but most importantly it offers a way forward: a socialism built on democracy in the workplace. A blend of history, analysis and opinion, Understanding Socialism is an honest and approachable text that knocks down false narratives, confronts failures, and offers a path to a new socialism based on workplace democracy.
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