This week on Economic Update, Professor Wolff delivers updates on the nationwide Starbucks strikes and on the results of Trump's tariffs: facts and fakery. The second part of the show features an interview with journalist and podcast host John Fugelsang about his new book: Separation of Church and Hate: A...
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This week on Capitalism Hits Home, Dr. Harriet Fraad discusses how the saga of the release of the Epstein files is producing a "falling out among the thieves" in the current administration and the political party behind it. The ghost of Epstein is effectively haunting not only the men who...
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The totality of today's Economic Update is devoted to exploring (1) the multiple ways that capitalism imposes class warfare on its people, and (2) how class warfare shapes the capitalist system's impact on employers and employees. Specific examples show (1) what kind of class struggle is involved in tariffs such...
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In the 1960s, Louis Althusser imported the concept of 'overdetermination' from Sigmund Freud into the domain of Marxian analysis. In the 1980s, Richard Wolff and Stephen Resnick developed this idea into a Marxian Critique of Political Economy in their seminal book Knowledge and Class. Yet, many of the premises of...
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In our capitalist economy, employers pay wages and set prices that together determine whether a decent life is affordable. Employers’ goal is to maximize their profit. But employees – the vast majority of us – have different goals. One of them is basic affordability. In this presentation of Global Capitalism,...
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The totality of today's Economic Update is devoted to exploring (1) the multiple ways that capitalism imposes class warfare on its people, and (2) how class warfare shapes the capitalist system's impact on employers and employees. Specific examples show (1) what kind of class struggle is involved in tariffs such...
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In this episode of Capitalism Hits Home, Dr. Harriet Fraad explores how rape and mass murder become some men's reactions to their reduced status as providers for dependent women and children. Men who never recognized the life-sustaining care they received from women are lost and angry. Vulnerability and emotional need...
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On this week’s episode of Economic Update, Professor Wolff’s updates include the 60+ people killed by the U.S. military in what it claimed were "narco boats," Socialist Catherine Connolly wins the Presidency in Ireland, Canada hit with nationwide postal workers strike alongside a strike of the entire public workforce (51,000)...
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Zohran Mamdani was declared the winner of the New York City mayoral election on November 4th, 2025. He ran as a Democratic Socialist. He ran as an immigrant. He ran as a Muslim. He ran on a platform of affordability, and he ran without taking a dime from corporations. He...
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On this week’s episode of Economic Update, Professor Wolff delivers updates on the Italian dockworker unions refusing to load or unload Israeli cargo, the broadened national general strikes in Italy demanding the end of the Italian government's support for Israel because of Gaza, and a discussion of the return of...
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Essential Reading
This elegantly redesigned version of Understanding Capitalism with a new forward from Professor Wolff does the text justice. We chose to create this version of Professor Wolff’s most succinct and wholistic explanation of what capitalism is, what it is not, and why it can be difficult to understand to better...
Understanding Capitalism aims to answer the question: 'Why capitalism fails us'?. It explores the different definitions of what capitalism is and is not – showing why definitions matter. It dissolves the many myths that make it hard to understand the system. Readers acquire tools needed to engage basic economic...
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...
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.
d@w Schedule
