A patron asks: "Do markets exist in a socialist society? The market system under capitalism has...

By Richard D. Wolff

U.S. capitalism solved its instability problem by making cyclical downturns afflict chiefly a minority subpart of the whole working class... 

[S10 E25] New

On this week's show, Prof. Wolff argues that preparing and coping with the Corona pandemic was inadequate...

A patron asks: "Hello Professor Wolff! I work for a grocery delivery company that has been staying afloat during this time of crisis...

[S2 E13] New

On this episode of ACC, Prof. Harvey talks about the integration of race and class. He argues that wealthy elites in the US have...

A patron asks: "Dear Professor Wolff, My husband and I worked for years to save up and then we started our own...

In this short video, Zoe Sherman talks about two kinds of surveillance carried out by private actors. Neither is new; both have deepened in the COVID-19 era...

The coronavirus has shown us that meaningful change is indeed possible through collective action, and that power ultimately lies with the people...

[S10 E24] New

On this week's show, Prof. Wolff presents updates on why US record on Covid-19 so much worse...

[S2 E10] New

On this part 1 of 2, America is a powder keg waiting to explode from 50 years of a class war in which we became...

The Rochdale principles should really be seen as a set, they all intertwine and relate to one another creating a web of interlaced necessities. What would an economy look like that would embody these principles in all businesses?

[S10 E23] New

On this week's show, Prof. Wolff presents updates on mismanaging Covid-19 and US system's crash; reactions to... 

[S2 E12] New

On this episode of ACC, Prof. Harvey talks about the recent events in Minneapolis, the assassination of George Floyd...

A patron asks: "A question for Prof Wolff: how did America get out of the Great Depression? What roles did the New Deal vs the World war have ?"

[S10 E22] New

On this week's show, Prof. Wolff explores what a socialist response to COVID-19 would have...

A patron asks: "Hi Dr. Wolff, I took action this past summer to try to implement the Marcora Law here in the US. Is emailing our representatives an effective strategy to get these ideas into the congressional discussion? What are your thoughts?"

[S2 E09] New

Dr. Fraad explores the question of values. Do we value the lives of the workers who...

What really sets co-ops apart from traditional businesses is that instead of the bottom line, they have a wider vision. But can this go too far?

[S10 E21] New

On this week's show, Prof. Wolff presents updates on how pandemic and capitalism are combining to...

[S2 E11] New

In this part 2 of 2, Prof. Harvey talks about the totality of our capitalist economy. He contends...

[S2 E08] New

In this part 2 of 2, Dr. Fraad continues her discussion of the way the Corona Virus is managed in the US and...

One of the most common refrains in the cooperative community is the need for a cooperative ecosystem. But how do we set this up?

[S10 E20] New

A special program: interview with Kali Akuno, leader of Cooperation Jackson in Mississippi. As a leader of national May Day actions...

[S2 E10] New

In this episode, Prof. Harvey talks about the totality of our capitalist economy. He contends...

[S10 E19] New

On this week's show, Prof. Wolff criticizes unemployment - as a specifically capitalist irrationality - and advocates...

[S2 E07] New

On this show, Dr. Fraad talks about the way the Corona Virus is managed in the US and the terrible hardship it has caused...

How can cooperative societies provide meaningful education and training to their members and the public about the nature and benefits of co-operation? How does ATC fit in?

[S10 E18] New

[S2 E09] New

In this episode, Prof. Harvey argues that we cannot survive this viral crisis without a...

[S10 E17] New

Capitalism's recurring unemployment problem was never solved and makes the system fundamentally unstable. 

How can a cooperative control itself and not be beholden to anyone else? Can it?

This essay was written by Prof. David Harvey

When trying to interpret, understand and analyze the daily flow of news, I tend to locate what is happening against the background of two distinctive but intersecting models of how capitalism works. The first level is a mapping of the internal contradictions of the circulation and accumulation of capital as money value flows in search of profit through the different “moments” (as Marx calls them) of production, realization (consumption), distribution, and..

[S10 E16] New

Today’s episode features an analysis of how, why capitalism failed to prepare for or cope with a virus thereby enabling it to trigger another...

This Op-ed originally appeared at Truthout.org.

After the dot-com crash in 2000, economic policy aimed to “get us back to normal.”

[S2 E08] New

In this episode, Prof. Harvey argues that this crisis has afforded us an opportunity for significant...

[S10 E15] New

[S2 E06] New

On this show, Dr. Fraad talks about the Corona Virus tragedy in the US...

This article was produced by Economy for All, a project of the Independent Media Institute.

What is expected of worker-owners, and what is given to them? What does it mean to "contribute equitably to, and democratically control, the capital" of a cooperative and what is done with surpluses?

[S10 E14] New

[S2 E07] New

Prof. Harvey talks about the areas of economic and daily life affected and disrupted by the Coronavirus outbreak...

[S10 E13] New 

This program focuses on the #MeToo examples of Weinstein and Cosby and also in the failed response to the Corona virus crisis...

[S2 E05] New

On this part 2 of 2 shows, Dr. Fraad talks about what sex is, the different forms of it both positive and negative, and the emotions associated with it. Sexual interactions...

Cooperatives must be democratic, but what does that mean? What form of democracy is best, and how do workers transition from mere workers and into democratic owners?

[S10 E12] New

On this week's show, Prof. Wolff presents updates on capitalism's failures exposed by the Coronavirus; Sanders and the re-entry of socialism...

[S2 E06] New

In this episode, Prof. Harvey talks about the factors and conditions that enables COVID-19...

[S10 E11] New

On this week's episode of EU, Prof. Wolff presents updates on Vancouver, BC, taxing its richest; JP Morgan Chase recognizes climate change threat and market's...

[S2 E04] New

On this part 1 of 2 shows, Dr. Fraad talks about what sex is, the different forms of it both positive and negative, and the emotions associated with it.

What does it mean to be a voluntary organization, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political, or religious discrimination?

[S10 E10] New

[S1 E01] Repeat

Prof. David Harvey's pilot episode. He provides a quick history of the rise and growth of Neo-Liberalism.

[S10 E09]

This week on Economic Update, Professor Wolff presents updates on how air-bnb reflects workers' falling living standards, price-gouging anti-virus masks, purpose of Trump's record deficit, end of...

Democracy at Work is hiring a Communications & Media Coordinator.

Who were they, from where did their principles come, and why does it matter?

[S10 E08]

This week on Economic Update, Professor Wolff responds to a criticism aimed at how d@w focuses too much on the transition from capitalist firms to worker co-op firms with too little attention paid to...

[S10 E07]

In this week’s episode of Economic Update, Professor Wolff delivers updates on Trump's 2019 $1 trillion plus deficit, the burden of debt on poor countries, Amsterdam’s forgiveness of...

Epstein: A Capitalist Saga - Capitalism Hits Home Special Live Event

with Dr. Harriet Fraad and Julianna Forlano

Dr. Fraad talks about what happened with Jeffrey Epstein, how and why it could happen and the question of justice.

[S2 E04]

In this episode, Prof. Harvey breaks down how capitalism works and why it is important to examine the long-run evolution of capital and the long-run pressures placed on capital that inevitably make it unsustainable.

Are we really built for democracy at work?

[S10 E06]

This week’s episode of Economic Update features an introductory discussion by Professor Wolff on capitalism's systematically uneven economic development. From Marx's original criticism of capitalism for producing and...

[S2 E03]

[S10 E05]

Richard Wolff's piece in YES! Magazine lays out 10 points on socialism from our latest book, Understanding Socialism...

An excerpt of our latest book, Understanding Socialism by Richard D. Wolff, was recently published in Truthout...

[S2 E03]

In this episode, Prof. Harvey tackles the question of the relationship between cultural transformations and economic transformations...

What are the different approaches taken around the country and lessons for anyone pursuing cooperative legislation and policy endeavors?

[S10 E04]

This week on Economic Update, Professor Wolff delivers updates on France's successful mass uprisings (Yellow Vests in 2019; mass union strikes in 2020) that forced the French government to...

[S2 E02]

Part 3 of 3

This podcast will define those different class arrangements of Capitalism, Socialism and Communism and how they...

[S10 E03] 

This week on Economic Update, Professor Wolff delivers updates on the sale of a co-op craft brewery to a large corporation, U.S. medical costs are...

[S2 E02]

Prof. Harvey examines the role culture plays in war tactics.  A vital part of Trump politics he contends has been...

Right to own gives workers the right to purchase business when they are being sold or closed in order to convert the businesses into worker cooperatives. 

[S10 E02]

Three major criticisms of Economic Update are considered: (1) that we don't praise capitalism for reducing world poverty, (2) that we don't admit that "socialism has never...

The Three Key Economic Issues of 2020

[S2 E01]

Part 2 of 3

This podcast will define those different class arrangements of Capitalism, Socialism and Communism and how they...

[S10 E01] This week on Economic Update, Professor Wolff delivers updates on the Job Quality Index and its U.S. decline, the French activism against President Macron's effort to...

[S2 E01]

In this first episode of season 2, Prof. Harvey talks about the massive economic problems the U.S. was faced with in the late 70s and 80s...

Part 4 of 4 

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

Part 3 of 4 

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

Part 2 of 4 

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

Part 1 of 4

Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of...

[S1 E29] In this episode, Prof. Harvey starts with the protests in Chile and then talks about the unrest emerging all over the globe. Capitalism, particularly Neo-liberalism, is...

A country of around 10 million people, Cuba has more than 5,000 cooperatives. As part of the reform process over the last decade, cooperatives have already achieved a prominent role in the Cuban economy...

[S9 E47] This episode of Economic Update features an exploration by Professor Wolff of how Libertarians defend capitalism by saying its many current flaws/faults flow from...

[S1 E32]

Part 1 of 3

This podcast will define those different class arrangements of Capitalism, Socialism and Communism and how they...

[S9 E46]

[S1 E28]

In this part 2 of 2, Prof. Harvey continues his discussion with CUNY Graduate Center Professor Cindi Katz about social reproduction and...

In this episode, Kevin speaks with Rodney North, a member of the DC Cooperative Stakeholder Group, a co-op consultant, and a former co-op member for many years...

[S1 E31]

Part 2 of 2

Dr. Fraad continues her discussion of the counter revolution in US politics, the revolutions have...

Cinar and Juan Ried of the Tightshift Labor Cooperative in Washington D.C. talk about creating a labor cooperative specifically designed for citizens returning from time incarcerated.

[S9 E44] Political Strategy for Transition

This week on Economic Update, Professor Wolff discusses a political strategy for transition beyond capitalism to an economy based on democratic worker-owned co-operatives. The first half explores...

The Economics of Taxing Wealth

[S1 E27]

Prof. Harvey is joined by CUNY Graduate Center Professor Cindi Katz to discuss social reproduction and...

In Andrew's final episode of Puerto Rico Forward, he says that the initial objective of those who want to raise awareness about the PR issue cannot be to attain a certain political status but rather make PR’s colonial condition relevant within the US political system. This difference, he says, is CRUCIAL.

[S1 E30]

Part 1 of 2

There are two unsung places where revolutions have happened in America. Those places are the home and American personal...

In this episode, Cinar sits down with John Duda from the Democracy Collaborative to discuss successful cooperative economies such as the Emilia Romagna region in northern Italy.

[S9 E42]

On this week's EU, Prof. Wolff presents updates on costs of NBA offense to China, worsening global inequality, poverty mocks Nobel prize for 3 economists working on...

[S1 E26]

In this episode of the PRF Review, Andrew talks about a recent interview with PR congress people Raúl Grijalva, Nydua Velázquez and Joseé Serrano about the PRF status issue and makes an important announcement...

[S1 E29] Bringing Race into the Mix

Racial categories and perceptions are cultural and political fabrications. Race designations exist as an excuse for exploitation. Without the...

In this episode, Kevin and Larry discuss and explore ways in which worker coops and socialist movements can work together to promote freedom, cooperation, and economic justice.

[S9 E40]

[S1 E25]

After 120 years of colonial dominance, Puerto Rico finds itself with less autonomy than it had at the end of the 19th century as a result of being a property of the US.

[S9 E39]

In the first half of Economic Update this week, Professor Wolff discusses how and why socialism changed from what it meant in the 19th and 20th centuries (public enterprises...

In episode 4 of All Things Co-op, Kevin and Larry discuss the potential benefits of the Main Street Employment Act...

[S9 E38]

This week on Economic Update, Professor Wolff delivers updates on California events (LA Times labor union, 80,000 Kaiser workers to strike, new state public banking law), gross inefficiency of private...

[S1 E24]

In this part 2 of 2, Prof. Harvey continues his discussion of...

Sen. Sanders and Rep. Ocasio-Cortez signed a letter with other Democrats demanding the end of the Financial Oversight and Management Board's control over economic decisions of Puerto Rico. While the letter has some good points, Andrew discusses why it misses the mark... 

[S9 E37]

This week on Economic Update Professor Wolff delivers updates on the ICE raid in Mississippi, global comparisons of gun violence and conservatives’ reactions to...

[S1 E28]

In this part 2 of 2, Dr. Fraad continues her exploration of the Jeffrey Epstein case and what lessons have been learned from it.

In this episode, we speak with Michael Peck, the US representative of Mondragon—the largest worker co-op in the world...

In this episode of our podcast, Cinar chats with Ben Winter of Pedal People—a worker owned co-op in Northampton Mass that uses bicycles to transport goods and provide services.

Democracy at Work is excited to announce a new podcast: All Things Co-op!

[S9 E36]

This week on Economic Update Professor Wolff delivers an analysis of the state of the U.S. economy at summer's end, 2019 and it’s a decidedly mixed picture. 

In the second half of...

[S1 E23] Alienation - Part 1

Prof. Harvey talks about alienation of labor and capital and their relevance in helping us...

Beyond the common arguments for Puerto Rico's statehood that touch on economic or security issues, there are human and civil rights violations as a basis to justify this claim...

[S9 E35]

The first half of this week’s episode of Economic Update features a discussion by Professor Wolff on the parallels of declining capitalism in the UK and the U.S. and how the...

[S1 E27]

Jeffrey Epstein's Case Reveals the Combination of Depraved Sex Abuse and Capitalism that allows...

The US-China Trade Wars: Causes, Prospects, Risks

[S9 E34]

This week on Economic Update, Professor Wolff delivers updates on politicians' "blame game" of scapegoating to avoid blaming capitalism, middle class squeezed by prices, limits of...

[S1 E22]

Prof. Harvey continues his discussion of rate and mass of surplus value. He argues that the emergence of the Equalization of the Rate of Profit (ERP) in the 1980s has been responsible for...

President Trump's joke to trade Puerto Rico for Greenland is closer to reality than you might think...

[S9 E33]

This week on Economic Update, Professor Wolff delivers updates on the 3 deadly failures of capitalism, the investigation of hi-tech monopolies by the U.S. DOJ, the franchising of...

[S1 E26]

Part 2 of 2

This episode discusses the seamy means by which a working class Jeffrey Epstein accumulated $550,000,000 by providing more than his tax and money market expertise to...

[S9 E32] Working Class History and the 2020 Election

**We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: https://www.patreon.com/economicupdate

This week on Economic Update, Professor Wolff explores the historic parallels of the U.S. working class and politics in the U.S. He begins by exploring how and why the Great Depression of the 30’s married the U.S. working class to FDR's Democratic Party and then explains how...

[S1 E21]

Prof. Harvey talks about the rate and mass of surplus-value and explores why capital is more interested in the mass of surplus-value.that. It...

The Boricua Awakening movement that seeks to oust any government official soiled by corruption or mismanagement (most recently Gov. Rosselló-Nevares) is not new...

[S9 E31]

Updates on economics of 2 million home health aides, extreme Uber inequalities, Alaska universities 41% budget cuts, Michigan governor during Flint Water Crisis says his critics are...

[S1 E25]

Part 1 of 2

This episode discusses the seamy means by which a working class Jeffrey Epstein accumulated $550,000,000 by providing more than his tax and money market expertise to...

[S1 20]

Prof. Harvey talks about the Plastics industry, its impact on the environment, and how the forces of...

[S9 E29]

This week on Economic Update, Professor Wolff brings updates on the deprivation of non-white students, how fast food is made worse for profit, Wayfair workers’ demand for power, more scapegoating of immigrants and...

[S1 E24]

Part 2 of 2

The US has had a class revolution in the household over the last 50 years and the left did not notice, no less champion that revolution. Hot button issues like abortion and birth control rights or family leave are...

Andrew discusses the current protests in Old San Juan...

[S1 E19]  

A study from the National Oceanic & Atmospheric Administration (NOAA) revealed an unprecedented increase in carbon dioxide emissions. Prof. Harvey discusses the implications of the study, what the results mean for our 

[S9 E27]

This week on Economic Update, Professor Wolff delivers updates on "regulatory capture" in the U.S. vs E.U.,  the IMF report on the U.S. economy finds major negatives and how Trump's desperation for re-election shapes his aggressive policies towards the Federal Reserve, China and Mexico.

In the second half of the show, Professor Wolff interviews John Duda from the Democracy Collaborative and one of the founders of Red Emma's Book store Coffeehouse, a 30-member worker cooperative in Baltimore.

Economic Issues of the Upcoming US Elections

[S1 E23]

The US has had a class revolution in the household over the last 50 years and the left did not notice, no less champion that revolution. Hot button issues like abortion and birth control rights or family leave are...

There is at least one glaring void in the “inclusive” landscape of the US voting population: US Citizens living in Puerto Rico...

[S9 E25]

This week on Economic Update, Professor Wolff follows up with part two of his in-depth analyses of the USSR and anti-capitalist governments by providing (1) an overview of China's economic...

Is all the anger and hype over this film worth it?

[S9 E24]

This week on Economic Update, Professor Wolff goes beyond the simplistic, sterile Cold War debates of demonizers vs celebrants of the USSR as he delivers an in depth analysis of the USSR's strengths, weaknesses, successes and...

We're on the search for a Fundraising Manager...

Prof. Wolff talks about why Marxism is appealing to a growing audience...

[S1 E18] 

Prof. Harvey answers the question of production and realization as it relates to today's economy and job market and the contemporary composition of the working class.

[S9 E23]

This week on Economic Update, Professor Wolff delivers updates on U.S. church membership and its tax subsidies, Toyota and Merkel slam U.S. economic nationalism, 40 U.S. states sue...

[S1 E21]

For most of human existence, human societies were hunter gatherer societies. We survived through our ability to cooperate. That changed with the evolution of private property which was left to heirs. Controlling women was...

Is COFINA hurting more than helping?

[S9 E22] 

This week on Economic Update, Professor Wolff discusses the three basic kinds of socialism as anti-capitalist ideologies grow in the U.S. and more people are looking toward socialist alternatives. Prof. Wolff lays out the importance of...

[S1 E17]

Prof. Harvey talks about what is needed to move beyond capitalism, what are the crucial aspects of the social struggle that will take place in the coming years. 

[S1 E20] 

The one class revolution that has happened in America is in the US household. This podcast exposes the class underbelly of revolutionary struggles around abortion rights, paid maternity leave and family leave. Lost abortion...

[S1 E16]

Prof. Harvey argues that contemporary capitalism is heavily inflected towards accumulation by dispossession as opposed to accumulation through exploitation of living labor in production. Large capital...

Is big government to blame for PR's economic development troubles?

[S9 E20]

This week on Economic Update, Professor Wolff delivers updates on the college admissions scandal in the U.S., how lobbyists reflect and worsen inequality, North and South Carolina teachers’ strike for...

This article originally appeared at CommonDreams.org.

As capitalism drives itself into ever-greater inequality, instability and injustice, its critics multiply. Worried defenders react in two ways. Many dismiss the criticisms. After all, capitalism has been around a long time and weathered ups and downs before. They presume or hope that criticism will...

This article originally appeared at Counterpunch.org.

Actually existing socialisms since the 1917 Soviet revolution leave a rich legacy: aspects to build on, aspects to reject. Collective consumption (free education, medical care, subsidized housing, transport, etc.) is among the first and party dictatorship is among the second. Those socialisms’ complex...

[S1 E15]

Prof. Harvey talks about how capital came to power, the brutality and the violence with which...

Rise of Socialism in the US Today

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 May 2019, these issues will include...

The United States may well accept PR as the 51st State...

[S9 E18]

This week on Economic Update, Professor Wolff delivers updates on how U.S. college students have become share-croppers for investors, conservatives' fake opposition to government intervention in...

[S1 E19]

Women have been abused for centuries. This podcast examines the sea change in US gender roles that has rendered toxic...

[S9 E17]

This week on Economic Update, Professor Wolff does something a little different. He dives deep into the 200+ year old debate and struggle between capitalism and socialism and looks into how it has...

[S1 E14]

Prof. Harvey discusses Marx's theory of Capital and its relevance today. Consumers have less and less autonomy. Their choices, even how they will...

[S9 E16]

This week on Economic Update, Professor Wolff delivers updates on Chicago in change, the decline of world trade, New York City’s "congestion pricing plan, the IMF comments on Trump’s trade war and the hi-tech monopolies, the 7...

[S1 E18]

Gender struggle highlights the struggle between those holding on to former gender roles with women serving men and children and those recognizing the opportunity that we now have to be equal partners...

Andrew Mercado-Vázquez of Puerto Rico Forward reviews Rep. Soto's recent bill supporting Puerto Rican statehood.

[S9 E15]

This week on Economic Update, Professor Wolff delivers updates on Brexit and the Mueller Report, the new labor upsurge happening in Chicago, how income shapes education and thus “merit", the mistaken objections to...

[S1 E13]

Prof. Harvey talks about rate of growth vs. mass of growth, and argues that the latter, often ignored, is actually...

[S9 E14]

On this week's show, Prof. Wolff presents updates on LA strippers strike, Trump fails to end US trade deficit, UN reports on protests against capitalist inequality and gov't repression of those protests, GM...

[S1 E17]  Part 2 of 2

American men are in serious trouble. Former standards of masculinity as aggression, power, and stoic denial of emotional vulnerability are now widely considered toxic. The economic dominance that...

[S9 E13]

On this week's show Prof. Wolff presents an in-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism's unnecessary...

[S1 E12] Part 2 of 2

Prof. Harvey continues his interview with Chris Caruso, Director of Education at The People's Forum. 

Our final look behind the purpose and creation of the PROMESA Act...

[S9 E12]

On this week's show Prof. Wolff presents an in-depth analysis of fascism as massive government intervention to protect and save a crashing capitalism. We focus on...

[S1 E16]

Part 1 of 2

American men are in serious trouble. Former standards of masculinity as aggression, power, and stoic denial of emotional vulnerability are now widely considered toxic. The economic dominance that white men had with...

US and China: 1 Global Economy, 2 Giants - Tariffs, Competition, Deals: What’s Coming

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 March 2019, these issues will include...

[S1 E11] Part 1 of 2

Prof. Harvey is joined by Chris Caruso, Director of Education at The People's Forum. Chris is popular educator, community organizer, and educational technologist. He has been active for over 30 years in the movement to end...

[S1 E15]

Dr. Fraad continues her discussion of the Sugar Arrangements Industry, a marriage of America's trillion dollar educational debt with...

Prof. Harvey continues his discussion of the...

This week’s episode of Economic Update features updates from Prof. Wolff on the million-person Communist demonstration in India, subsidized "development" by Foxconn and Amazon, merger making big banks...

[S1 E14]

The Sugar Arrangements Industry is a relatively new development in America. Sugar Arrangements are a marriage of America's trillion dollar educational debt with the emotional and sexual labor of...

Our ongoing look behind the purpose and creation of the PROMESA Act...

[S9 E6]

On this episode of Economic Update, Prof. Wolff discusses the public education crisis (teacher strikes, declining quality, insufficient resources) and how it undermines the economic future of the U.S. and the absurdity of...

Sexual assaults have been a perk of male power seemingly forever. This podcasts asks why sexual abuse has been a perk of male power and why...