Déjà Vu: Germany Tightens Its Economic Power Over Europe

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Germany's leaders herded their European counterparts into imposing harsh austerity on Greece. It was the price, they insisted, that Greece had to pay to...

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Winners and Losers in Today's Shifting Capitalism

Global Capitalism: July 2015 Monthly Update

Co-sponsored by Democracy at Work, Left Forum, and Judson Memorial Church, these programs begin with 30 minutes of short updates on important economic events of the last month. Then Prof. Wolff analyzes several major economic issues. For this July...

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This article originally appeared at Truthout.org

Greece Needs Our Solidarity in Its Struggle Against Austerity

Not for many years has the issue been posed as clearly as it will be on July 5 in Greece's referendum: European capitalists, the political leaders whom the capitalists' money controls, and...

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This article originally appeared at Truthout.org

Socialism Means Abolishing the Distinction Between Bosses and Employees

Regulated private capitalism. State capitalism. Socialism. These three systems are entirely different from each other. We need to understand the differences...

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Critics of Capitalism Must Include Its Definition

Most business leaders, mass media, politicians and academics keep defining capitalism, the main economic system in today’s world, as markets plus private (“free”) enterprises. That definition is wrong...

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