In this week's episode of Economic Update, Professor Wolff discusses updates on deep political corruption: the Illinois example, final statistics on the 2024 presidential election results did NOT give Trump any mandate, the Canadian government forcing 55,000 striking postal workers back to work despite massive worker opposition. Finally, we have...
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In this week's episode of Economic Update, Professor Wolff discusses the strengths and weaknesses of Senator Elizabeth Warren's new bill "The Accountable Capitalism Act", Elon Musk's recent comments on homeless people, Mitch McConnell's criticisms of Trump for isolationism, and the over 9,000 Michigan nurses voting to join the Teamsters Union....
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In this week's episode, Dr. Fraad discusses what the Trump administration means for the American people. All but the wealthiest American men, women, and children will suffer while billionaires Elon Musk and Vivek Ramaswamy will lead the proposed agency, DOGE( the Department of Governmental Efficiency). They plan to cut government...
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In this week's episode of Economic Update, Professor Wolff discusses the "catalog" of 2024's economic problem areas: (1) Slow growth relative to China/BRICS; (2) the war in Ukraine; (3) the crises in Gaza and the greater Middle East; (4) Biden & Trump tariffs policy; (5) scapegoating immigrants; (6) corporations disinterest...
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This week's episode of Economic Update, Professor Wolff delves into key global developments, including President Trump's looming tariff wars, the collapse of Emmanuel Macron's government in France, and massive strikes by Volkswagen workers in Germany. He also examines the fall of governments in South Korea and Syria and its implications,...
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In this week's episode, Dr. Fraad discusses the prevalence of sexual assault allegations and crimes committed by powerful and wealthy men. The news is filled with the names of famously accused rapists: Donald Trump, Puff Daddy, Weinstein, Cosby, Epstein, etc. The #MeToo movement allows them to be exposed. This podcast...
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In this week’s episode of Economic Update, Professor Wolff dives deep into why socialism remains a popular and successful economic system. Professor Wolff highlights new laws passed by the government of Spain that punish airline companies who employ 'unjustified' airline passenger fees. We then debunk the unsubstantiated and nonsensical myth...
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In this episode, Professors Shahram Azhar and Richard Wolff continue their discussion and analysis of the seminal book Knowledge and Class. Professor Wolff reflects on how he and his friend and co-author Steve Resnick developed their own language and theories around class.
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On this week’s episode of Economic Update, Professor Wolff devotes this week's episode to Labor Unions and Political parties. We explain why US & Western capitalism today provoke labor and unions into more and more social and political action. The latest examples are the recent Canadian Postal Workers strike and...
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In this week’s episode of Economic Update, Professor Wolff discusses how US foreign aid serves the interests of corporations and their profits. We highlight how San Juan County in Washington state handled its fiscal crisis by cutting its employees' work week to 32 hours. We update you on workers of...
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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 The Socialist Program, the discussion focuses on the widespread devastation caused by wildfires in Los Angeles and the role of a profit-driven capitalist system in exacerbating the crisis. Topics include the connections between climate change, real estate development, and government policies shaped by capitalist interests. The conversation highlights the...
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On Global Times, the discussion examines the decline of the U.S. manufacturing sector, focusing on corporate decisions that shifted production to countries like China for lower wages and expanding markets. Topics include the oversimplification of blaming China for this decline, the unrealistic promises of politicians to revive domestic manufacturing, and...
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On Dialogue Works, the discussion covers Donald Trump's recent remarks about colonial ambitions regarding Greenland, Canada, and the Panama Canal, exploring their historical context and potential implications for American colonialism in a shifting global landscape. Topics include the economic challenges faced by European leaders, the growing influence of BRICS nations...
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On Sabby Sabs Podcast, Richard Wolff examines the economy under the Biden-Harris administration, focusing on its approach to key economic challenges. He attributes inflation largely to corporate profit motives in the wake of post-pandemic disruptions, emphasizing the need to address unchecked corporate power. Wolff advocates for democratizing workplaces through worker...
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In a discussion on The Socialist Program, it was emphasized that major health insurance companies like United Health Group prioritize profits over providing quality healthcare. These companies have spent billions on stock buybacks to enrich shareholders, leaving many Americans burdened with medical debt. The flaws of the capitalist system were...
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The show features Professor Richard Wolff discussing the implications of Joe Biden's foreign policy decisions, particularly regarding sanctions on Russia. Professor Wolff highlights the impact of these sanctions on Europe, particularly Germany's reliance on Russian oil and gas. He emphasizes the decline of the American Empire and its consequences on...
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Explore an in-depth discussion on various global issues with Richard Wolff and Michael Hudson on the show. They analyze the situation in Syria, highlighting the broader implications on the Middle East and beyond. The conversation delves into the decline of the American empire, citing examples of societal disintegration and geopolitical...
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The Socialist program welcomes Professor Richard Wolff to discuss the public response following the assassination of United Health Care CEO, Brian Thompson. The interview delves into the profit-driven nature of health insurance corporations and the detrimental impact on individuals' health care coverage, as well as the systemic issues within the...
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Listen to Professor Richard Wolff and economist Michael Hudson on a live stream discussing the decline of the U.S. Empire and the rise of the BRICS nations. They explore the economic roots of the current global developments and geopolitical tensions. The discussion delves into the implications of the conflict in...
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Richard Wolff and Michael Hudson join Dialogue Works to discuss the impact of economic policies, including tariffs and trade restrictions, on various countries and the potential consequences on inflation and supply chains. They analyze how certain sectors, such as healthcare and automobile manufacturing, might face disruptions due to restricted imports...
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Essential Reading
his 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.
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