Global Capitalism: July 2015 Monthly Update

Winners and Losers in Today's Shifting Capitalism

Co-sponsored by Democracy at Work, Left Forum, and Judson Memorial Church, these programs begin with 30 minutes of short updates on important economic events of the last month. Then Prof. Wolff analyzes several major economic issues. For this July...

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This article originally appeared at Truthout.org

Greece Needs Our Solidarity in Its Struggle Against Austerity

Not for many years has the issue been posed as clearly as it will be on July 5 in Greece's referendum: European capitalists, the political leaders whom the capitalists' money controls, and...

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This article originally appeared at Truthout.org

Socialism Means Abolishing the Distinction Between Bosses and Employees

Regulated private capitalism. State capitalism. Socialism. These three systems are entirely different from each other. We need to understand the differences...

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Critics of Capitalism Must Include Its Definition

Most business leaders, mass media, politicians and academics keep defining capitalism, the main economic system in today’s world, as markets plus private (“free”) enterprises. That definition is wrong...

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Economic Update: Higher Education in Crisis

Today's updates include an analysis of unemployment numbers to show what they hide as well as reveal. Responses to listeners' questions expose the economics of lotteries and why the largest US corporations have recently used their profits to buy back their shares in the stock markets. The second half of the show features an in-depth interview with Prof. Sohnya Sayres where we explore the end of free college and universities in the US, the rise of administrators dominating students and faculty and what these trends have meant for the quality of higher education in the US.

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