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Latest Releases

Ask Prof Wolff: How Socialists Win Rural and Farm Areas

| A patron of Economic Update asks: "I am fascinated about socialist & marxist movements in rural areas, small towns and among farmers... Read more

Global Capitalism: January 2021 Live Economic Update

| US Capitalism’s Decline and Desperate Efforts to Save It with Richard D. Wolff Co-sponsored by Democracy at Work & Judson Memorial Church In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the January 2021 event... Read more

Economic Update: Externalities and Capitalism's Inefficiencies

| [S11 E01] New This program introduces the economic concept of "externalities." Those are the real costs of employers' business decisions that employers do not pay for or take into account: costs "external" to... Read more

Ask Prof Wolff: Recession: Capitalism not Covid

A Patron of Economic Update asks: "The mainstream view is that the pandemic and the recession are linked and constitute a single problem. It is often referred to as the coronavirus recession. What is the evidence that the recession began before and/or independent of the pandemic?" Read more

Capitalism Hits Home: The Capitalist Problem with Sex Education in the US

| [S3 E14] New This is part 2 of a 4 part series on the intersection of sex and capitalism. On this episode of Capitalism Hits Home, Dr. Fraad and Prof. Forlano discuss how... Read more

Ask Prof Wolff: The Political Case for Boycotts

A Patron of Economic Update asks: "Why are there not "any" efforts to organize nationwide citizen boycotts of major corporations and other entities of power?" Read more

AskProfWolff: More Benefits Of Worker Co-ops

A Patron of Economic Update asks: "What are some other benefits of worker co-ops to workers and society at large?" Read more

Economic Update: Growing Independent, Progressive Media

| [S10 E50] New This week's show features updates on the continuing lessons from 2020 at the year's end and an interview with David Pakman... Read more

AskProfWolff: Why Capitalist Inequality Matters

A Patron of Economic Update asks: "I’m wondering if you have a response besides the morality of inequality and a way to convince someone inequality is bad economically." Read more

Economic Update: Lessons From A Crisis Year 2020

| [S10 E49] New This week's show features a survey of the major economic events of 2020 that were poorly covered by mainstream media... Read more

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.

Danny Haiphong: China, Russia, Brics and the Decline of the US Empire

Richard Wolff joins Danny Haiphong to discuss his view on how the last year led to an acceleration in the decline of US hegemony and how economic war on Russia, China, and BRICS is shaping the new world order. Read more

Dialogue Works: Why are China and Russia the US No. 1 Enemy?

Prof Wolff joins Dialogue Works and Michael Hudson to discuss various aspects of socialism, the economic systems in Europe and China, the impact of military interventions on economies, and the consequences of sanctions. They highlight the challenges and contradictions within socialist parties in Europe, the different models of socialism, and... Read more

Robinson's Podcast: A Marxist’s Case For Palestine

In this episode of Robinson's Podcast, Prof Wolff and Robinson delve into the ongoing Israel-Palestine conflict, exploring Richard's perspective shaped by his Marxist training. The discussion revolves around the role of class in the conflict, the influence of ideology, the characterization of Israel as a refugee state, the suppression of... Read more

The Socialist Program: AI Plus Capitalism a Recipe for Mass Unemployment?

On this episode of The Socialist Program Walter Smolarek and Prof. Richard Wolff discuss the dramatic new report from the IMF showing that 40 percent of all jobs in the world could be impacted by the introduction of Artificial Intelligence. Fears are deepening about mass unemployment, exploding inequality, and other... Read more

Dialogue Works: Global Economy's Momentous Shift and Monumental Inequality

Prof Wolff, Michael Hudson join Dialogue Works to discuss economic challenges faced by countries like Argentina due to high levels of debt and inflation. The conversation delves into global movements advocating for debt forgiveness, emphasizing the potential impact on politics and economics. The speakers question the widely held perception of... Read more

What Is to Be Done?

Article by Richard D. Wolff "In 1863, the Russian social critic, Nikolay Chernyshevsky, published a novel entitled “What Is to Be Done?” Its story revolves around a central heroine, Vera Pavlovna, and her four dreams. It brilliantly intertwines her personal life and the social turmoil of Russia’s transition at the time... Read more

Professor Richard Wolff and The Brock Press Discuss Transition to Worker Ownership

Professor Richard Wolff presented and discussed the potential of worker cooperatives with "The Brock Press" - a small Canadian business that recently converted into a cooperative. The conversation covered various aspects of transitioning to a worker cooperative model, emphasizing the importance of advocacy and raising awareness. The discussion touched upon... Read more

Dialogue Works: Neocon Debacle and Declining Empire

Prof. Wolff joins Dialogue Works to discuss the current geopolitical situation, focusing on the conflict in Ukraine. He criticizes the miscalculations made by the Biden administration, citing three major errors in their approach. Wolff emphasizes the failure of sanctions against Russia and the inability to isolate the country, leading to... Read more

The Socialist Program: Don't Believe Everything You Read: Was the 2023 Economy Really As Wonderful As the Capitalists Say?

In this conversation, Prof Wolff and Brian Becker analyze the mainstream's optimistic view of the economy's soft landing in 2023. Wolff critiques the one-sided narrative, emphasizing capitalism's inherent instability, rising inequality, and global challenges. The discussion delves into the Democrats' struggles to formulate a compelling message for Biden's potential reelection,... Read more

Community Church of Boston: A Changing World Economy - G7, BRICS, Capitalism and Socialism

We are living through a fast-changing world economy. The dominance of the US since 1945 is now ending and being replaced by a Chinese-led multi-polar world. This in turn changes the nature of capitalism and the prospects for socialism. This talk explores the links among all these developments. Read more

Essential Reading

Understanding Marxism

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. Buy Here →

The Sickness is the System

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. Buy Here →

Understanding Socialism

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. Buy Here →