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Latest Releases

Economic Update: Capitalism Provokes Workers

| This week on Economic Update, Professor Wolff delivers updates on the workers' strikes at the University of California, the debate over privatized fire departments, how and why big money is buying... Read more

Global Capitalism: May 2018 Monthly Economic Update

| Global Capitalism: Linking Trump and Marx’s Critique of Capitalism with Richard D. Wolff Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For May 2018,... Read more

Economic Update: The Contributions of Karl Marx (Part I)

| Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of the 200th anniversary of his birth. Read more

Economic Update: Employees vs. Employers - Endless Tensions

| This week on Economic Update, Professor Wolff delivers updates on German workers who elect almost half of corporate boards of directors, major US corporations with negative... Read more

LEFT OUT: Erik Olin Wright on understanding class—a Marxian perspective

| Left Out, a podcast produced by Michael Palmieri, Dante Dallavalle, and Paul Sliker, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left. In this episode of Left Out, we talk about the importance of understanding class with analytical Marxist sociologist Erik Olin... Read more

Economic Update: Struggling Against the System

| This week’s episode of Economic Update features updates from Professor Richard D. Wolff on teachers' strikes, capitalism abuses facebook, colleges reward... Read more

Puerto Rico Forward: PR’s Economic Crisis (1940-1976)

How did U.S. post-war policies affect Puerto Rico's economic stability? Read more

Economic Update: Distorting Economic Truths

| This week’s episode of Economic Update features updates from Professor Richard D. Wolff on the labor strikes at Disney, home sales and prices drop sharply, Nestle’s approval to profit from privatizing water, UPS and FedEx profit from... Read more

Economic Update: Winds of System Change

| This week on Economic Update, Professor Richard D. Wolff provides updates on big French strikes to protect workers' gains, rising sub-prime loans, students pay more as states pay less for public tuition costs, West Virginia teachers strikes... Read more

Millennials’ retirement plan: socialism?

Millennials may be the largest, best educated, and most diverse generation in U.S. history. But they’re also generation screwed. And many don’t see a future for capitalism. 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.

The Socialist Program: Cutthroat Bankers' New Scheme: Why Banks Are Suddenly Closing Accounts

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... Read more

Dialogue Works: Reversing Roles: When the Tail Leads the Dog

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... Read more

Why Capitalism Cannot Finally Repress Socialism

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.... Read more

Inconvenient Truth of Our Failed Economic System

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... Read more

Zero Hour: Why Not Democratize Big Auto Companies?

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... Read more

Dialogue Works: Proudly Ignorant

In this interview, Professor Wolff discusses the challenges at the United Nations, the historical context of the Israeli-Palestinian conflict, and the need for a global conference involving major powers to find a resolution. He also touches on how capitalism perpetuates global inequality, the obstacles to international agreements, and the significance... Read more

The Socialist Program: $106 Billion for Israel, Ukraine, Taiwan: How War Spending Subsidizes Capitalism

Professor Wolff and Brian Becker discuss President Joe Biden's proposed $106 billion military spending package, analyzing its implications. They delve into the origins of the military-industrial complex in the Korean War and how it has evolved into a taxpayer-funded subsidy for defense contractors. Economic challenges in the United States, such... Read more

G7 Vs. BRICS: Power Struggles are not Class Struggles

Article by Richard D. Wolff "The newly emerging socialist focus challenges both the US and China, the G7 and BRICS, despite the different balances of state and private enterprises among them." Read more

The Socialist Program: Opioid Epidemic & Capitalism: Rite-Aid Goes Under From Opioid Lawsuits But Opioid Overdoses Soar

In this episode of The Socialist Program, the focus is on the bankruptcy of the pharmacy giant Wright Aid, driven by lawsuits related to its role in the opioid crisis. Professor Wolff and Brian Becker discuss the consequences of this corporate collapse and the broader issues related to capitalism and... Read more

Robinson's Podcast: Karl Marx and the Myths of Marxism

Professor Richard D. Wolff joins Robinson's podcast in a conversation that delves into various aspects of socialism, Marxism, and critical perspectives. They address common misconceptions about socialism, emphasizing its diverse interpretations, from social democracy to the Soviet Union and China. 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 →