Join this special iteration of "Ask Prof Wolff" where we respond to your questions live!

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This week's episode of Economic Update hosted by Professor Richard Wolff, we discuss Germany's recession, California fast-food workers unionize, How the war in Ukraine boosts US stock market, corporate stock holdings, while hurting most wage/salary incomes, In addition we ask what lessons from the protest/revolt of European farmers? Finally, the ongoing exposing of major injustices of the US federal tax system (tax exemptions for schools, churches, hospitals, and charities and social security's flat tax system)

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This month's discourse dives deep into the pressing issues facing Europe in 2024, exploring themes of disunity, decline, and despair. From the impact of Ukraine and sanctions leading to European de-industrialization to the resurgence of fascism and immigration challenges, we'll cover a range of pivotal topics. Join us as we analyze the geopolitical shifts with China's rise, the US's relative decline, and the significant protests of Euro-farmers that signal Europe's future directions. We'll also delve into the political landscapes of the UK, examining the collapses of both the Conservative and Labor parties.

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[EU S14 E06]

This week's episode of Economic Update hosted by Professor Richard Wolff, we will be discussing the increasingly more common corporate threats to force remote workers back to working onsite. We then turn to Ukraine war economics, US vs BGI as anti-Chinese economic nationalism, US's escalation of war in the Middle East, and finally a critique of the US tax system's injustices.

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[S07 E06]

Despite the sometimes depressing and unnerving problematic state of affairs we are seeing a growing number of people finding new connections and support systems amongst themselves, binding together and forming supporting systems to help them through these challenging times.

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[EU S14 E05]

This week's episode of Economic Update hosted by Professor Richard Wolff, we will be discussing the continuing decline of US manufacturing; a 29,000 person strike at California State Univ.; the Houthis disrupt Red Sea shipping in move against Israel; and Texas refuses to obey US federal government's rules in struggle over immigration and white supremacy. In addition we have a special Interview with leading economist Prof. Michael Hudson on basic crises facing US capitalism.

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[EU S14 E04]

This week’s Economic Update Professor Richard Wolff discusses the special dimensions and qualities of the US labor movement's current dynamism; Thomas Piketty’s analysis showing how capitalism generates widening wealth and income gaps leading to crashes or simmering, divisive, and domestic resentments. Leading to the system itself becomes destabilized.

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[EU S14 E03]

In this week's episode of EU, Prof.Wolff delivers updates on the mass closing of Greyhound bus stations around the U.S., the escalating strengths of Russian obstacles in Ukraine, the choice the UK faces between paying for the bombing of Yemen or funding their National Health Service, how Boeing's safety debacle propelled China into the lead of global automotive exports and how Israel has also been aversely affected by the shifts and changes of the world economy caused by the decline of U.S. dominance.

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[S07 E05]

What exactly do these terms mean- White Supremacy, Settler Colonialism, Hetero-Patriarchy and Capitalism? These are social divisions that function together. They separate us. They prevent us from uniting for a just socialist society that works for all of us.

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In this edition of Ask Prof Wolff Live, the discussion focuses on what the capitalist class means when they claim to have earned their wealth based on merit rather than exploitation. The session delves into the effectiveness and equality in defining value, exploring whether demand and market evaluation or labor serves as a more accurate measure. Following this, Prof Wolff addresses live questions from the audience.

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In this discussion, Prof Wolff joins Walter Smolarek to explore the reasons behind the significant credit card debt among workers. They delve into this issue amidst news that the financial behemoth Capital One is attempting to acquire another major player, Discover, for over $35 billion.

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Richard wolff joins Martin Haumann to engage in a detailed discussion concerning both American and Danish political landscapes. The conversation aims to dissect the intricacies of the global economy, exploring how economic policies and practices impact societies on a worldwide scale. They also delve into the topic of militarism, discussing its role and consequences in global affairs, as well as the significance of alternative media in today's information ecosystem, examining its influence on public opinion and its capacity to challenge mainstream narratives.

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Prof Wolff joins Dialogue Works to discuss the historical and current European and global politics surrounding Russia and Europe's relationship with the United States. He contends that Europe has often been the aggressor in historical conflicts with Russia and questions the notion of Russia as a contemporary threat. Wolff argues that U.S. policy seeks to make Europe bear the costs of American confrontation with China and BRICS, while Europe risks economic and political stability due to sanctions against Russia. He suggests that Europe must choose its path carefully, potentially finding an independent role or aligning with the U.S. or BRICS, with far-reaching implications for its future. Lastly, Wolff emphasizes that internal opposition in Israel is strong and warns against the endless cycle of violence without resolution.

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In this episode of the New Rules podcast, Professor Richard Wolff explains why you should not believe the media hype about the US economy’s “strong performance." Despite recent upbeat statistics, an economic and geopolitical storm is brewing – one that Biden can’t handle.

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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.

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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 the role of military actions in shaping global economic dynamics. The conversation also touches upon the sanctions imposed on Russia and their unintended consequences on the global automobile industry.

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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 pro-Palestinian views in the United States, and an exploration of how Marx might have approached the resolution of the conflict.

 

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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 potential consequences of the integration of this new technology into the world capitalist system.

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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 capitalism as the most effective system, attributing it to the ideological dominance established by the United States as a global empire. They discuss the evolution of capitalism, noting a shift towards finance capitalism or neo-feudalism and drawing a comparison between the economic approaches of the US and China. The critique extends to the lack of democracy within workplaces under capitalism, highlighting contradictions between employment structures and societal ideals of democracy. Additionally, the rise of the professional managerial class and the potential challenges posed by automatic intelligence are explored.

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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 from feudalism to capitalism. Chernyshevsky, a revolutionary imprisoned by the Czarist government, wrote a novel that was nothing less than a pioneering work of socialist feminism. In it, he also passionately appealed for an urban, industrial economy based on worker cooperatives, a modern and transformed version of Russia’s earlier agrarian communes. An appreciative Lenin entitled one of his most important political pamphlets, published in 1902, 'What Is to Be Done?'"

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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 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 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 →

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