
[S13 E44]
We hope you all enjoy this week's episode of Economic Update featuring updates on Tesla vs the Swedish Unions, a teachers strike in Portland, Oregon, "food insecurity" in the U.S. today, how the King of Britain has been secretly profiting from assets of the dead and a Michigan "entrepreneur" failed in effort to buy electoral defeat of Rachid Tlaib.
In the second half of this week’s episode, Prof. Wolff interviews Norman Solomon on his latest book, "War Made invisible: How America Hides the Human Toll of its Military Machine".

Join this special iteration of "Ask Prof Wolff" where we respond to your questions live! (November 29, 2023)
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[EU S13 E43]
Updates on the closing of a Florida plant that should be converted to worker co-op, oil company profits VS the social damage they do, how mega-corporations (Walmart, Amazon) are taking over the grocery business and the social purpose and the meaning of the "middle class". In the second half of this week's episode, Prof. Wolff interviews Jared Yates Sexton. The discussion focuses on his latest book, "Midnight Kingdom" and how the U.S. practices social control by spinning stories the public sees and hears.
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[EU S13 E42]
Updates on U.K.’s King Charles in Africa, the unionization struggles at Starbucks, a growing strike against Musk’s Tesla and the Bangladeshi women’s labor strike. An analysis of the economic concept of "surplus" and how capitalism makes it possible.
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[S07 E02]
We can support our failing families. We can learn from attempts abroad and from our own history.
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Join this special iteration of "Ask Prof Wolff" where we respond to your questions live! (November 15, 2023)
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[S13 E41]
Updates on risks to UAW strike victories, realtors fined for collusion on real estate commissions, Bangladeshi strikes for higher minimum wages for clothing workers, China outmaneuvers Malaysia and US in rubber glove business, UN vote isolates USm Israel, Ukraine over Cuba embargo. Interview with Dr. Stephen Bezruchka on how economic inequality connects to stress, health problems, and inadequate healthcare.
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[S07 E01]
In this episode of "Capitalism Hits Home," Dr. Harriet Fraad examines the intersection of the faltering American economy and the breakdown of traditional family structures. The discussion challenges narratives placing blame on individuals, particularly critiquing the tendency to scapegoat white men for societal shifts, and emphasizes the systemic issues of corporate greed. Fraad delves into the repercussions for children, highlighting the prevalence of poverty and hunger. Drawing comparisons with France, the episode explores historical factors like anti-communism and an authoritarian family structure as barriers to collective action in the U.S. Despite these challenges, there is optimism in the growing unionization efforts across various sectors, with a vision for a unified movement driving societal change.
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[November 2023] New
In this episode, Professor Wolff discusses the 3 Kinds of State Role in Economy, 1 Kind of Workplace Revolution, Saving Capitalism from Itself, as well as Socialism, Fascism and Capitalism’s Decline.
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Join this special iteration of "Ask Prof Wolff" where we respond to your questions live! (November 8, 2023)
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Prof. Wolff joins RJ Eskow to discuss the legacy of Henry Kissinger. They explore Kissinger's role in shaping U.S. foreign policy during a critical period, including his involvement in the Vietnam War, opening relations with China, and his realpolitik approach. They delve into Kissinger's manipulation of narratives, his pragmatic use of anti-communism, and his focus on power politics. The conversation touches on Kissinger's impact on global geopolitics and the challenges faced by the U.S. during his era. The discussion also reflects on Kissinger's ability to adapt to the changing dynamics of the world stage and the complexities of his role in American history.

Prof Wolff joins Dialogue Works in discussing various global issues, highlighting the shifting dynamics of capitalism and the emergence of socialist critiques. He acknowledges the significance of figures like Jill Stein, Cornel West, and Mary Ann Williamson, emphasizing the need for a unified left opposition to bring about meaningful change. Wolff points out the failures and mistakes of old capitalism, citing recent geopolitical events and the inability of the ruling class to grasp the unfolding revolutionary situation. The growing labor organizing and alliances between social and labor movements are seen as crucial forces challenging the status quo. Overall, Wolff envisions a revolutionary shift driven by both intellectual figures and grassroots movements, signaling a profound transformation in the socio-political landscape.
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On this episode of The Socialist Program, Walter Smolarek and Prof. Richard Wolff discuss the number of people in the U.S. living paycheck to paycheck and the level of disconnect the elites in government have from the working class.
Explore →Professor Wolff joins Brian Becker to discuss contrasting views on inflation. The Wall Street Journal suggests that a slowdown in inflation, as indicated by the recent report, could lead to the Federal Reserve halting interest rate hikes. However, UBS bank offers a starkly different prediction, anticipating a potential 2.75 basis points cut in interest rates by 2024, citing risks of disinflation and rising unemployment. Professor Wolff criticizes the Federal Reserve's historical failure in achieving both price stability and maximum employment. The conversation also touches on the U.S.-China relationship, exploring how their economic integration is unraveling, partly due to the perception of China as a growing economic threat to the declining American empire. Professor Wolff emphasizes the need for the U.S. to confront economic realities and adapt to the changing global landscape.
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Prof Wolff joins Briahna Joy Gray to address Treasury Secretary Janet Yellen's attempt to reassure the public regarding America's investment in Israel amid the Gaza siege. Yellen's statement suggested the feasibility of sustaining two wars—the conflict in Ukraine and Israel's actions in Palestine. In this discussion, the focus revolves around the inflationary consequences linked to military expenditure. The conversation delves into alternative strategies to combat inflation, such as implementing a wage or price freeze, and their potential implications for labor-related goals. Additionally, the conversation touches upon the future trajectory of the Cornel West campaign.
Explore →In this episode, Professor Richard Wolff and Brian Becker discuss sudden US bank account closures, revealing the profit-driven complexities within the banking system. They explore risk strategies tied to rising interest rates and tighter regulations, highlighting potential economic instability. Comparing the US profit-centric banking with the community-focused approach seen in public banking models in certain European countries and North Dakota, the episode proposes public banking as an alternative solution to prioritize community welfare over profit.
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In this interview, Prof Wolff emphasizes the symbiotic relationship between capitalism and socialism, framing socialism as a response to the failings of capitalism. The fall of the Soviet Union doesn't signal the end of socialism but a shift towards capitalist systems. Dissatisfied employees excluded from decision-making will lead movements for change, aiming to democratize workplaces by erasing the employer-employee divide. A future society with diminished state involvement and power redistributed among workers to serve collective interests is envisioned. Additionally, merging experienced voices with younger generations is advocated to construct a future beyond capitalism.
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Article by Richard D. Wolff
"Socialism is capitalism’s critical shadow. When lights shift, a shadow may seem to disappear, but sooner or later, with further shifts of light, it comes back. Capitalism’s ideologues have long fantasized that capitalism would finally outwit, outperform, and thereby overcome socialism: make the shadow vanish permanently. Like children, they bemoan their failure when, in the light of new social circumstances, the shadow reappears clear and sharp. Recent efforts to dispel the shadow having failed again, the contest of capitalism versus socialism resumes. In the United States, young people especially applaud socialism so much recently that think tanks like PragerU and the Hoover Institute at Stanford University urgently recycle the old anti-socialist tropes."
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The interview with Prof Wolff covers a range of topics, including healthcare systems, capitalism's inefficiencies, inflation, the Israeli-Palestinian conflict, and global geopolitical issues. Various economic concepts, the failures of capitalism in healthcare, government influence on inflation, and the call for a ceasefire in international conflicts are discussed. Dr. Wolff emphasized the need for alternate approaches to problem-solving, beyond the current reliance on military intervention and wars.
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Prof Wolff joins Zero Hour with RJ Eskow to discuss the recent agreement between the Ford Motor Company and the United Auto Workers and how it relates to the larger issues of labor, capitalism, and democratizing workplaces. The conversation delves into the undemocratic nature of corporations, stock market fluctuations, and the challenges of changing the narrative around workplace democracy. They also explore the idea of democratizing companies and the importance of questioning the current hierarchical structure of corporate governance.
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