Latest Releases

Economic Update: Fighting the System

[S9 E09]

This week’s episode of Economic Update features updates from Prof. Wolff on the economics of immigration, France's yellow vests join union-called general strike, demonstrations against Sackler family's profiting from...

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Anti-Capitalist Chronicles: The Geopolitics of Capitalism - Part 2 of 2

Prof. Harvey continues his discussion of the...

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Economic Update: Fantasy, Comedy, Tragedy: Delivering the News Today

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...

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Capitalism Hits Home: Sugar Arrangements: Intimate Personal Connection For Sale - Part 1

[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...

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Anti-Capitalist Chronicles: The Geopolitics of Capitalism - Part 1 of 2

[S1 E09]
Prof. Harvey explores the geographical movement of capital over time and...
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Puerto Rico Forward: PROMESA, part 3

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

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Economic Update: Economics of Conflicted Mothers

This week on Economic Update, Prof. Wolff delivers updates on the government shutdown's very important lessons, U.S. teachers oppose a declining capitalism imposing its costs on the people, and firing the big...

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Economic Update: Police & Policing in the US

[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...

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Capitalism Hits Home: Sexual Assault

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...

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Economic Update: Socialism from Past to Future

On this episode of Economic Update, Prof. Wolff begins with an overview of socialism's history, especially in the U.S. where it was widely discussed up to 1945, then repressed in the Cold War and now...

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Anti-Capitalist Chronicles: The Conditions of Labor in China

S1 E08

Prof. Harvey continues his discussion of the exponential growth of the Chinese economy and particularly its effect on the labor force. 

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David Harvey on China's influence

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Prof. David Harvey argues that China's expansion saved capitalism after the 2008 crash...

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PRF Review: Trump wants Puerto Rico to fail

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Andrew reviews recent articles providing evidence of the Trump administration's desire to see the Puerto Rican economy fail.

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Economic Update: Yellow Vests and Tax Reform

[S9 E4]

This week on Economic Update, Professor Wolff delivers updates on the "yellow vests" spread to the United Kingdom, Jeffrey Pfeffer’s book Dying for a Paycheck, the “bail-in” scam, the gentrification of...

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Capitalism Hits Home: A Movement for Women - A Movement for All

S1 E12

In this episode, Dr. Fraad talks about the re-emergence of the Women’s Movement. Unlike the 1960s and 1970s, the need for basic economic change applies to both men and women together rather than...

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Economic Update: Politicians Faking it

This week on Economic Update, Professor Wolff delivers updates on Luxembourg making all public transportation free, how Europe is evading U.S. sanctions on Iran, Saudi Arabia sleaze deals with Trump, Deutsche Bank’s...

 

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Anti-Capitalist Chronicles: The Significance of China in the Global Economy

The Chinese economy is now the 2nd largest in the world. 

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Puerto Rico Forward: PROMESA, part 2

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A continued look behind the purpose and creation of the PROMESA Act...

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Economic Update: Ecosocialism

[S9 E2]

On this week’s episode of Economic Update, Professor Wolff delivers updates on the New York City council’s vote on a minimum wage for ride-hailing drivers (Uber, Lyft, etc.), 85% of the goods made for the Trump store are made abroad, charter school teachers...

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Global Capitalism: January 2019 Economic Update

Huge Risks for Economy and Politics: What We Can Expect

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 Prof. Wolff analyzes several major economic issues. For January 2019, these issues will include...

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Capitalism Hits Home: Patriarchy, A crippling Legacy for Men and Women

S1 E11

In this episode, Dr. Fraad answers what patriarchy is and what it means for American men and women.

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Economic Update: Capitalism: Slow-Motion Implosion

This week on Economic Update, Professor Wolff delivers updates on Canada cutting corporate tax rates in a race to the bottom, Macron pleases big business while outraging the French people, Italy's new gov't budget...

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Anti-Capitalist Chronicles: Does Socialism Affect Freedom?

Does socialism require the surrender of individual freedom? The realm of freedom begins when the realm of necessity is left behind. Is freedom of the market...

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Economic Update: What Elections Hide

[S8 E26]

This week on Economic Update, Professor Wolff delivers updates on LA’s vote on public bank; contradictions of Trump's “nationalism," big business’ criticism of tariffs and how...

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Capitalism Hits Home: Kavanaugh

S1 E10

Dr. Fraad explores the abuses of Brett Kavanaugh, and the economic and emotional cultures from which this son of the elite emerged.  What does his...

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Puerto Rico Forward: PROMESA, part 1

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A look behind the purpose and creation of the PROMESA Act...

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Economic Update: Cooperation Jackson: A Closer Look

[S8 E25]

This week on Economic Professor Wolff delivers updates on a massive international study of profit-driven food production, the huge costs of contemporary loneliness, the police raid of Deutsche Bank, falling house prices, Belgium...

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Anti-Capitalist Chronicles: The Value of Everything

[S1 E05]

Prof. Harvey talks about Mariana Mazzucato's new book "The Value of Everything: Making and Taking in the Global Economy."

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Economic Update: The Great American Purge

[S8 E24]

This week’s episode of Economic Update is a little different from the usual program. Professor Wolff begins by explaining the economics behind the great U.S. anti-leftist purge (“McCarthyism”) after 1945. It then shows...

 

 

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Capitalism Hits Home: Holy Fathers

 

By Harriet Fraad

Edited by Jean Bond

The global Catholic Church is confronting an extraordinary crisis not faced since the Reformation, which began with sharp criticisms of the Church and ended with a schism out of which emerged the establishment of a...

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Capitalism Hits Home: Holy Fathers - Pt. 2

In part 2 of 2, Dr. Fraad continues her discussion of the 2000 year history of Catholic Church sex abuse. She asks...

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Worker Cooperatives Popular, Will Move America Forward

The United States has for a very long time displayed a facade of the freest society in the world. We seemingly value citizen-run production over government-owned businesses and we prefer our free speech over the Gulags. Unfortunately, these assertions...

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Economic Update: Economic Update: Seattle Firm Converts to Worker Co-Op

[S8 E23]

This week’s episode of Economic Update features updates from Prof. Wolff on Amazon subsidized by New York, Virginia; French people act to limit corporate greed, Sears favors...

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Anti-Capitalist Chronicles: The Brazilian Elections

 

Prof. Harvey talks about the recent Brazilian elections and the growing alliance between...

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Economic Update: Why Capitalism Demonizes Government

 
Updates on UK war on "Unexplained Wealth," why capitalism needs yet attacks government, historical reality of low wages in US, cozy deals between...
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Capitalism Hits Home: Holy Fathers - Pt. 1

In this 2 part show, Dr. Fraad explores the 2000 year history of...

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Economic Update: US Midterm Elections

Prof. Wolff presents updates on how China hits back economically; capitalism surviving in Italy through explosive debt creation; why lotteries have...
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Global Capitalism: November 2018 Economic Update

The Economic Consequences of the Election - What Can We Expect?

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 Prof. Wolff analyzes several major economic issues. For November 2018, these issues will include:

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Anti-Capitalist Chronicles: The Financialization of Power

Financial services become part of GDP in the 1970s and legitimize the power of financial institutions. 

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Anti-Capitalist Chronicles: Contradictions of Neo-Liberalism

The crash of 2008 challenges Neo-Liberalism.

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Anti-Capitalist Chronicles: A Brief History of Neo-Liberalism

Prof. David Harvey's pilot episode. He provides a quick history of...

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Puerto Rico Forward: PR is not a "Commonwealth"

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The term "commonwealth" resembles less an objective definition and more a menu of options...

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Economic Update: Follow the Money

This week’s episode of Economic Update features updates from Prof. Wolff on profits-vs-science and weedkiller “roundup,” most Americans not better off than in 2016, WHO reports bans on corporal punishment of...

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Economic Update: US "Sugar Arrangements” Industry

On this week's show, Prof. Wolff presents updates on latest foreign and US elections, the CEA document against socialism, growing inequality of billionaires’ wealth, army represses report on...
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Capitalism Hits Home: Public Policy, Private Pain

Dr. Fraad talks about how public policies, past and present, serve corporate profits but undermine families, households and personal relationships.

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Economic Update: Virginia Elects a Socialist

 
On this week's show, Prof. Wolff presents updates on political economy of Trump/GOP attacks on China and their long term costs; parallel analysis of attacks on immigrants;  Michelle Alexander on...
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d@w Contributor:
October 29, 2018

Homeless Camps and Urban Revival: The Privatization of an American City and an Ongoing Affordable Housing Crisis

The Department of Housing and Urban Development’s (HUD) 2017 Annual Homeless Assessment Report found for the second consecutive year an increase in the unsheltered homeless population of Hamilton County, OH; 16,518 more people slept on the streets in 2017 than 2016, a 9% jump. Municipal governments routinely compound such crises by...

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Economic Update: A Deepening Crisis of Capitalism

This week on Economic Update, Prof. Wolff delivers updates on the IMF’s prediction of slowing global growth, Bank of England warnings on accumulation of sub-prime debt, Nordhaus Nobel prize and...
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Capitalism Hits Home: What Keeps Americans from Protesting?

American men are in trouble. The male sex role crushes tenderness and sensitivity in little boys. The only emotion they are freely allowed is anger. US males are disparaged for any emotional vulnerability and tenderness. 

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Economic Update: The Immigration Issue and Capitalism

This week on Economic Update, Prof. Wolff delivers updates on UK's Liberal Democrats advocating serious reduction of wealth and income inequality, Sears CEO blames pensions for Sears' problems, JP Morgan predicts...

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Puerto Rico Forward: Paradise is for Millionaires

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Another development has once again placed PR in the middle of the tax-haven debate...

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Economic Update: Public Policy, Private Pain

On this week's show, Prof. Wolff presents updates on Bloomberg finds US "among least efficient" providers of health care, Poland's unions demand wealth sharing role, money corrupts US politics...

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Capitalism Hits Home: The Fertility Rate in the US

The fertility rate in the US is at record lows. What difference does it make?  Why should we care? 

A child is a hope for the future. Having a child shows the confidence in a future in which one can support, nurture and raise a child. A full two-thirds of young Americans expect that they will...

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“Déjà Vu All Over Again.” How Should Coops Respond To The Next Financial Crisis?

Anxiety In DC

My attention was recently drawn to the headline of a column written by Steven Perlestein in the July 29, 2018 Washington Post: The Junk Debt That Tanked the Economy? It’s Back in a Big Way. Perlestein says financial regulators have allowed corporate credit of declining quality to...

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Economic Update: Black Socialists of America

This week on Economic Update, Prof. Wolff delivers updates on Chicago hotel workers strike and Philadelphia parking lot attendants organizing, Cuomo's centrist, money-dependent campaign for Governor, another...

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Global Capitalism: September 2018 Economic Update

Economic Nationalism: How Capitalism Tries to Cope With Extreme Inequality

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 Prof. Wolff analyzes several major economic issues. For September 2018, these issues will include... 

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Economic Update: Launching a New University

This week on Economic Update, Prof. Wolff delivers updates on the 10th anniversary of the Lehman Brothers Bank collapse, helping Alexandria Ocasio-Cortez explain how to finance...

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Capitalism Hits Home: American Mental Health

Americans are far too often miserable. If we want to discover why people are upset, anxious, panicked and depressed, we have to see what is happening in their lives that agonizes them.

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Puerto Rico Forward: A Look Behind the Smoke and Mirrors

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Who are the mysterious "third party groups" behind the lobbying firms?

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Capitalism Hits Home: Signs of a Dying Empire

In a dying empire hope atrophies and dies. Our empire is dying. The US has not outright won a war since world War two. Some of the symptoms of our empire’s dying are mass shootings...

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Newschool.coop? Envisioning a Cooperative University

This article originally appeared at publicseminar.org

A cooperative model for The New School is a tangible alternative and a means to create a new, broad-based culture of ownership and democracy.

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Capitalism Hits Home: The Family: Can It Be Saved?

The US white family was based on a kind of household feudalism where Women produced useful unpaid work in cooking cleaning, social outreach, emotional labor and child rearing. White males earned “family wages” that could support dependent women and children. Those wages are no longer given. Capitalists have replaced them with...

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Capitalism Hits Home: What's Going on with American Males?

[S1 E01]

American men are in trouble. The male sex role crushes tenderness and sensitivity in little boys. The only emotion they are freely allowed is anger. Often the expression of their emotional need and vulnerability can only be expressed to their sex partners. Partially, because sex is the only...

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Economic Update: Capitalism Invites Deepening Criticism

Prof. Wolff provides updates on new approach to Labor Day, DNC accepts fossil fuel donations, Turkey's crisis as typical capitalist instability, collapse of Genoa toll bridge, exploding gap between...

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d@w Contributor:
September 03, 2018

Economic Update: Capitalism's Problems Provoke Opposition

This week on Economic Update, Prof. Wolff delivers updates on Missouri vote for union position, the irrationality of student debt, economic sanction of Iran isolates and costs U.S. for Trump political gains, Monsanto puts profits...
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Collective Avenue Coffee, Los Angeles

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Collective Avenue Coffee is Los Angeles’s first worker-owned cooperative cafe...

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Economic Update: Capitalism, Changed by its Contradictions

This week on Economic Update, Prof. Wolff delivers updates on the growing poverty rate in California, the epidemic of...
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Puerto Rico Forward: The Colonial Way of US Citizenship

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How does the definition of "citizenship" change as it applies to Puerto Rico and other US colonies?

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Economic Update: One Big Push Against Capitalism

In the latest episode of Economic Update, Prof. Wolff provides updates on the social costs of criminalizing marijuana, U.S. food outlets being taken over by...
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Economic Update: Hidden Failures of Capitalism

In this week's episode, Prof. Wolff presents updates on Europe's higher labor force participation; Cuomo campaign fakes "small donations"; US restaurants...

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Economic Update: We Can Do Better Than Capitalism

This week on Economic Update, Prof. Wolff delivers updates on a New Zealand firm that succeeds with a 4 day work week, Vienna's public housing successes, Fordham adjuncts' union wins big, Burberry destroys...

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Economic Update: Millennials for Revolution

This week on Economic Update, Prof. Wolff provides updates on how Trump's tariffs are affecting Americans jobs, shifting capitalist alliances don’t change the system, the Irish parliament’s decision to stop investing in fossil fuels, how Washington state...

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Economic Update: Historic Lessons

This week on Economic Update, Prof. Richard D. Wolff gets into another automotive manufacturer caught cheating emissions tests, the reality of Americans’ value on labor unions, how the GOP corporate tax cuts are...

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Puerto Rico Forward: Playing by Their Rules

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What does the Puerto Rico Admissions Act mean for Puerto Rico's possible future, and what does the US stand to gain (and lose)?

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Global Capitalism: July 2018 Economic Update

Global Capitalism: Immigration and Trade War: The Economics of Desperation

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 Prof. Wolff analyzes several major economic issues. For July 2018, these issues will include... 

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Economic Update: Labor Vs. Capitalism

This week on Economic Update, Prof. Wolff gets into the Left victory in Mexico's election, SCOTUS's Janus decision, Trump’s Foxconn fakery in Wisconsin, the GOP’s forced labor for...
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Economic Update: Criticizing Capitalism

In this episode of Economic Update, Prof. Richard D. Wolff delivers updates on Colorado’s laws favoring co-ops, capitalism and suicide continues, rent control on the California ballot, the effects of...
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d@w Contributor:
July 04, 2018

Economic Update: Contradictions Coming Home

In this episode of Economic Update, Prof. Wolff delivers updates on the exploding suicide rate in the U.S., irrational home-building reflects and worsens inequality, VA nurses sue...

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Economic Update: Tariffs In An Unraveling Economy

In the first episode of the new season of Economic Update, Professor Wolff delivers updates on tariffs as political fiction, the Irish state apologizes for the gross exploitation of young women, the continuation of...

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Economic Update: Standing Up

This week on Economic Update, Prof. Richard D. Wolff provides updates on China's growing life expectancy, Ireland's vote on abortion, the reality of unemployment in the U.S., why Amazon offers a...

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Economic Update: Capitalism Makes Few Winners Many Losers

This week on Economic Update, Professor Wolff provides updates on Armenia's Political Spring, banks big profits, Harley-Davidson fires hundreds, unjust criminal penalties, US households' financial distress, Germany banning...

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Economic Update: An Unsustainable System

This week on Economic Update, Professor Wolff delivers updates on the decline of U.S. cities and the potential of “private cities”, the ever-growing freelancers’ economy, why the U.S. Supreme Court...

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Economic Update: The Contributions of Karl Marx

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

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Puerto Rico Forward: PR’s Economic Crisis (1976-2015)

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What was the real intent behind IRS Section 936?

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Economic Update: Another Gilded Age

This week on Economic Update, Professor Wolff delivers updates on Theranos bankruptcy and workers' risks, our second "gilded age," mortgage lenders turning to rich borrowers, Trump on...

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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...

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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, these issues will include... 

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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.

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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...

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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 Wright.

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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...

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

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

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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...

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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...

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Millennials’ retirement plan: socialism?

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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.

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Economic Update: Resistance Economics

This week on Economic Update, Prof. Richard D. Wolff provides updates on the economics of the NRA, Trump’s anti-Chinese tariffs, BMW caught emissions cheating, Brexit's additional lessons, IBM on age discrimination, Tennessee teachers fight and...

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Economic Update: A System Broken

This week on Economic Update, Professor Richard D. Wolff provides updates on doctors in the U.S. getting paid for prescribing fentanyl, why deficits are a non-issue, how tobacco companies perpetuate the cigarette problem, the big corporations battling over...

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The persistence of fiscal stupidity

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Government finances are not like household finances, simply because public spending is so big that it affects the rest of the economy – something which is not true of households.

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Puerto Rico Forward: The Closest There Is To Limitless Power

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This episode sheds some light on Bill Clinton's Executive Order 13183. What did this important document determine about the status of Puerto Rico?

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Buyback this! How Trump's tax bill has already increased inequality

Economist David Ruccio explains why the corporate tax cuts that Donald Trump and his fellow Republicans have supported have already increased inequality. 

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Economic Update: Capitalism Breeds Inequality

This week's episode of Economic Update features updates from Professor Richard D. Wolff on how globalization has worsened inequality from 1980-2016, the YMCA workers strike, UK universities and...

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Global Capitalism: March 2018 Live Economic Update

Global Capitalism: Live Economic Update
CUT TAXES, DEPORT IMMIGRANTS, IMPOSE TARIFFS

What it all means

with Richard D. Wolff 

These programs begin with 30 minutes of short updates on important economic events of the last month...

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Economic Update: Winds of Economic Change

This week's episode of Economic Update features updates from Professor Wolff on the West Virginia teachers strike, Trump’s detrimental tariffs, how and why Germany is...

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The hijacking of economics

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Economic theory has been hijacked. It's been taken into the hands of a few, where it's encrypted, manipulated and fed to us in a distorted and deceiving way.

Marxist economist Lucia Huber explains why.

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LEFT OUT: Stephanie Kelton on MMT and debunking budget deficit myths

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, Left Out speaks with Professor Kelton about Modern Monetary Theory and debunking budget deficit myths. Professor Kelton is a leading American economist and a Professor of Public Policy and Economics at Stony Brook University. She was Chief Economist on the U.S. Senate Budget Committee and Economic Advisor to the Bernie 2016 presidential campaign.

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Stephanie Kelton on women in economics

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Stephanie Kelton is Professor of Public Policy & Economics at Stony Brook University. She was Chief Economist on the U.S. Senate Budget Committee and Economic Advisor to Bernie 2016.

This is a teaser from Left Out's upcoming episode with Stephanie Kelton on MMT and debunking budget deficit myths. Paul Sliker asks Professor Kelton to reflect back on her academic career in economics—a field with only 13% women economists in the U.S.

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Trump's Budget: Fiddling as Capitalism Burns

This article originally appeared at Truthout.org.

The Trump budget proposal now before Congress mostly consists of the classic GOP wish list accompanying the usual heavily ideological silences. Logically and consistently, it follows December's massive tax cuts, which will chiefly benefit...

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Economic Update: A System Rigged Against Us

This week on Economic Update, Professor Richard D. Wolff provides updates on how Democrats helped destroy their party by backing campaigns against labor and the left after 1945, jobs created under...

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Puerto Rico Forward: How to Solve PR's Status Problem

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This episode focuses on solutions to Puerto Rico's commonwealth status problem. Is independence or statehood the key?

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Economic Update: Karl Marx, 1818-1883

This week on Economic Update, Professor Richard D. Wolff delivers updates on global capitalism's extreme inequality (Oxfam report), Victoria's Secret's billionaire owner, why immigration is a “weapon of political distraction”, how the GOP...

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Economic Update: Capitalism's Excuse: Blame Govt

On this week's show, Professor Richard D. Wolff delivers updates on on capitalist fishing industry self-destructs, how malls mirror US capitalism, blaming government self -destructs in Oklahoma, renationalizing...

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Wall Street vs Workers: Minsky, Marx, and Capitalist Crisis

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What Hyman Minsky and Karl Marx can teach us about the recent fluctuation in global stock markets, speculative finance, capitalists and their workers.

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Democratizing the Workplace through “Worker Self-Directed Enterprises”

This article originally appeared at artsforum.ca

Contemporary capitalism no longer “delivers the goods” (which is understood as a rising standard of real wages) to the majority of people.  That classic defense of its instability (e.g. recurrent bouts of unemployment), its deepening economic, political, and cultural inequalities, and its attendant injustices is no lon­ger plausible.  In the U.S. since...

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Opioid Addiction in the USA: Where Capitalism Meets Health Care

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Why do Americans turn to opioids and die?

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Economic Update: The System's Unwanted Results

This week on Economic Update, Professor Richard D. Wolff delivers updates on economic data hype vs reality, big capitalists gearing up to take on the healthcare capitalists, profit-driven housing rip-offs, why Saudi Arabia is...

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LEFT OUT: Steve Keen on if mainstream economics can save us from another financial crisis

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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, Left Out speaks with Professor Steve Keen about his latest book, Can We Avoid Another Financial Crisis?, as well as the failure of mainstream economics.

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LISTEN: Stephanie Kelton on how cancelling student debt would benefit the larger economy

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In a new study out of the Levy Economics Institute, The Macroeconomic Effects of Student Debt Cancellation, Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum examine the macroeconomic impacts of an outright cancellation on all outstanding student debt, public and private.

The report set out to answer a simple question: What if all of the $1.4 trillion in U.S. student debt went away? In this special audio clip from our upcoming episode with Stephanie Kelton on Modern Monetary Theory and budget deficit myths, we ask Professor Kelton to walk us through the findings. Check back for the full episode in the coming weeks.

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Steve Keen: China's private debt bubble is the biggest in the history of capitalism

 

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Professor Steve Keen, the first economist to predict the 2008 financial crisis, explains the economic situation in China, whose credit bubble is easily the fastest growing in the history of capitalism.

 

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Economic Update: Democratize The Enterprise

This week on Economic Update, Professor Richard D. Wolff delivers updates on corporate tax savings not being used for bonuses or wage increases to employees, why U.S. tariffs will fail to rescue jobs, how UK and...

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On The Ground Radio Interview with Prof. Wolff

Prof. Richard Wolff joins host and creator of On The Ground Radio -Voices of Resistance from the nation's capital Esther Iverem on WPFW 89.3 FM.

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Economic Update: Marxism's Contribution

This week on Economic Update, Professor Richard D. Wolff delivers delivers updates on New York City's suit against big oil and dumping $5 billion in fossil fuel investments, fast-rising US consumer debt, further attacks on...
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Puerto Rico Forward: PR's Legal Limbo

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This episode of Puerto Rico Forward focuses on Puerto Rico's complicated legal status as it's own nation as well as a US commonwealth...

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Utopia—without classes

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According to mainstream economics, there are no class struggles and capitalism can never fail.

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David Harvey defines Neoliberalism

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Professor David Harvey defines Neoliberalism in less than six minutes. 

Audio and excerpt:

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Economic Update: Knowledge, Class & Economics

This week on Economic Update, Professor Richard D. Wolff delivers updates on problems and solutions for workplace discrimination, China's ascending economy, capitalism's cycle of income and wealth inequalities, the winners and the...

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LEFT OUT: Kali Akuno on Worker Cooperatives, Economic Democracy, and Black Self-Determination

In this episode of Left Out, we sat down with Kali Akuno — the co-founder and co-directer of Cooperation Jackson. We discuss the emerging network of worker-owned cooperatives and the people behind it building an alternative, solidarity-based economy inside the majority-black and impoverished city of Jackson, Mississippi.

We then diver deeper into the different types of worker-owned cooperatives that makeup Cooperation Jackson; the importance of developing cooperatives with clear political aims; and the need for a nationwide network of cooperatives and solidarity economic institutions as a viable alternative to the exploitative nature of our current economic, social, and environmental relations.

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Economic Update: Capitalism & Addiction: The Opioid Epidemic

On this week's show, Prof. Richard D. Wolff delivers updates on UN report on poverty in the US, Oreos produced in Mexico, US households with zero or negative net worth, Germany's negative utility prices...

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Coop Profile: Streetwise Ink

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Streetwise Ink is Memphis’ only screen printing cooperative organized and operated exclusively by individuals with experiences of homelessness.
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Global Capitalism: January 2018 Monthly Economic Update

Global Capitalism: "The GOP/Trump Plan for 2018: CUT SOCIAL SERVICES AND PROGRAMS

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 January 2018, these issues will include... 

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Economic Update: The Economy, 2017-2018

On this week's show, Prof. Richard D. Wolff delivers updates on net neutrality, workplace sexual harassment, bitcoin, worsening global inequality, Europe's recovery and...

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Puerto Rico Forward: Pilot

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This is the pilot episode of Puerto Rico Forward where we explore the archipelago though it's colonial history and economic relations, both domestic and international.

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EconoMinute: Consumerism

In this EconoMinute, Professor Richard D. Wolff talks about the pitfalls of consumerism and...

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Economic Update: Public Service Vs. Private Profit

This week on Economic Update, Prof. Richard D. Wolff delivers updates on Economic Threats: Corbyn vs Morgan Stanley, cars for super-rich, information vs profit, Fed chair Powell's over-reach, why regulations...

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The Truth About Power and Capitalism: A Socialist Response to the Tax Bill

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This article originally appeared at truthout.org.

In response to the passage of the GOP tax bill, many voices are now offering variations on the theme of "speak truth to power." It's true enough that tax overhaul, coming after 30 years of widening inequality, widens it further. It is likewise yet another exercise in trickle-down economics, the policy promise that direct economic help to corporations and the rich will eventually lift up the rest of us. The GOP and Trump conveniently disregard the countless economists who have shown that trickle-down is a false promise.

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LEFT OUT: Christian Parenti on Taking Power in a Climate of Chaos

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In this episode, we sat down with Christian Parenti to discuss climate change and our current political and economic landscape.

We asked Parenti what it was like to straddle the realm between academia and journalism; prospects of climate catastrophe; climate change and climate justice; and the role of both politics and the state in any real solutions for a way forward.

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Economic Update: Different Economics, Different Policies

On this week's show, Prof. Richard D. Wolff presents updates on UK company's parental leave policies, Citibank fined for abusing student borrowers, US tobacco companies...

 

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Global Capitalism: December 2017 Monthly Economic Update

Global Capitalism: "What the tax “reform” bill means to us all"
with Richard D. Wolff 
These programs begin with 30 minutes of short updates on important economic events of the last month...
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Economic Update: Revolt Against Sexual Abuse

On this week's show, Prof. Richard D. Wolff provides updates on the international response to Trump’s tax plan, the impact of the GOP tax plan on U.S. graduate students, foreclosure stats and the...

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Economic Update: Which Way For US Economy

On this week’s episode of Economic Update, Prof. Richard D. Wolff covers updates on Uber’s corrupt profiteering, the immoral cancer research conducted and sponsored by the sugar industry, the conflict of...

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The Orwellian doublethink of GOP tax "reform"

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Like with most of the rhetoric that characterizes the Trump agenda, George Orwell’s concept of “doublethink” is particularly exemplified in the recent passage of the GOP's tax plan under the guise of "reform."

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Economic Update: Capitalism, Corporations and Media

This week on Economic Update, Professor Wolff delivers updates on the corrupt Congressional "tax reform," how giant corporations continue to abuse power, the GE CEO who wasted millions of dollars, the role the corporate structure plays in...

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Economic Update: How People Change Economies

This week’s Economic Update features updates on Maine’s progressive economic changes, the documentation by the U.S. Senate on how the wealthiest abuse the estate tax, how Nestle is profiting from...

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Liberal Superman theory: epistemological certainty and the universal agreement that never existed

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Mainstream liberals and their cherished "facts" simply haven’t been persuasive to a large and perhaps growing part of the population.

And the rest of us are suffering the consequences.

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Economic Update: Socialism Past, Present and Future

On this week's episode, Prof. Richard D. Wolff elaborates on his critique of Uber and the gig economy, discusses US Senators endorsing inequality, Norway’s recent decision to pay male and female athletes equally, why corporations...

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Global Capitalism: November 2017 Monthly Economic Update

Global Capitalism: "China’s Economy Now, Its Growth and Global Impact"
with Richard D. Wolff 
  
These programs begin with 30min of short updates on important economic events of the last month...
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LEFT OUT: David Harvey on Marx, Capital, and the Madness of Economic Reason

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Left Out, a monthly 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, we speak with David Harvey about his latest book, Marx, Capital, and the Madness of Economic Reason, as well as what the Left most focus on to effectively organize for a better economy and society.

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Economic Update: Morality and Economics

On this week's show Prof. Richard D. Wolff presents updates on mostly low-paid service jobs in US future, Senate deregulates banks, college spending per student reinforces income inequality, US loneliness a factor in...

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Haunted by surplus

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Inequality in the United States is now so obscene that it’s impossible, even for mainstream economists, to avoid the issue of surplus.

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Economic Update: How Economies Change

On this week's show, Prof. Richard D. Wolff discusses privatized probation, how New Zealand is rejecting austerity, how the rise in electricity service disconnections prove there is no "recovery," why more and more...

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Meet the socialist city council candidate who is fighting for economic justice

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Less than two week's out from NYC's local 2017 elections, Jabari Brisport — a DSA-endorsed, Green Party candidate for Brooklyn's 35th District — has a real shot to become the only socialist candidate on New York's City Council.

We caught up with Jabari to discuss his bold ideas for the city, why he wants a "worker-owned economy," and much more.

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Measuring the impact of the cooperative sector

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After a decade of crisis and another decade of growth the cooperative sector is finally being given the attention it deserves. But its impact does not reside purely in the numbers that mainstream economic analysis provides.

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Economic Update: Success of NY Worker Coops

On this week's show, Prof. Richard D. Wolff presents updates on the passage of CA Disclose Act; Monarch Airlines fails; Equifax, Yahoo, and Johnson & Johnson are...

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Economic Update: Transition Beyond Capitalism

On this week's show, Prof. Richard D. Wolff focuses on the economic benefits of refugees in the US, the rise of the BRICS nations, the privatization of US public libraries, and...

 

 

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What's up with divestment, anyway?

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After a great summer victory, representatives of the group #DivestLA sat down with Democracy at Work - Los Angeles, and laid out plans for a future that involves everyone.

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Global Capitalism: October 2017 Monthly Economic Update

Global Capitalism: "Trump’s/GOP’s Tax Plan and a Changing US Economy"
with Richard D. Wolff 
  
These programs begin with 30min of short updates on important economic events of the last month...
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Nobel economics: the behaviorism of economic decisions and its secret

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Richard Thaler’s work and the work of most behavioral economists focuses on the limits to individual rationality and not on the perverse incentives and structures that plague contemporary capitalism

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Beware of ribbon cutting: corporate welfare vs. job creation

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Subsidizing Corporate America has been a policy of both parties, at every level of government, for decades. If politicians really cared about the livelihoods of working people, they would support enterprises that are owned and democratically-governed by their members.

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Economic Update: Economics, Psychology and Mass Murders

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On this week's episode, Prof. Richard D. Wolff presents updates on Trump/GOP tax plan, Americans having "trouble paying bills," post-1989 Russia more unequal than USSR, Eastern...

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Economic Update: Strikes and the Labor Movement Today

On this week's episode, Prof. Richard D. Wolff talks about the closing of 6,400 retail stores in 2017, decline in US housing starts, 800 major corporations oppose Trump on...

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From highway to master: how modern mainstream economics corrupted the 'invisible hand'

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It should be clear to all that finance has been fundamentally transformed since Adam Smith’s day, from a highway that was supposed to serve us into a master that we serve.

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Will New York’s cable strike revitalize the labor movement — or kill it?

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Charter/Spectrum is already a bloated cable behemoth building toward monopoly. Now it wants to crush the union.

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Economic Update: Capitalism, Revolution and Socialism

On this week's show, On this week's episode, Prof. Richard D. Wolff focuses on major capitalist failures, buying senators on health care, opioid addiction's effects on insurance and on...

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How hurricanes demonstrate the need for shelter cooperatives

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An alternative to depending on state or federal help is membership in a Shelter Cooperative, which provides for people’s needs before the disaster. 

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SEPTEMBER: $30,000 Challenge Grant

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All contributions made via our website in September are matched by the Lannan Foundation, up to $30,000. Help us reach our goal; donate today!

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Economic Update: Corporate Capitalism in Decline

On this week's episode, Prof. Richard D. Wolff talks about capitalism and its impact on recent hurricanes, the business of drug addiction and overdose, how poverty has caused...

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Мы упускаем суть роботизации Американского труда

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This article by David F. Ruccio was originally published in English. Эта статья Дэвид Ф. Руччо в оригинале была опубликована на Английском.

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Global Capitalism: September 2017 Monthly Economic Update

Global Capitalism: "Capitalism and Nature: Hurricane Harvey’s Lessonswith Richard D. Wolff 
  
These programs begin with 30min of short updates on important economic events of the last month...
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d@w Contributor:
September 14, 2017

Nos estamos equivocando con la robotización de la fuerza obrera en los EE.UU.

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El Secretario del tesoro podría no estar preocupado. Pero el resto de nosotros lo estamos; o deberíamos estarlo...

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Феномен Правого Популизма: Интервью с Биллом Флетчером-младшим

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This article by Natascha Uhlmann was originally published in English. Эта статья Ната́ша Ульман в оригинале была опубликована на Английском.

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Economic Update: Capitalism's (Uncounted) Health Costs

On this week's episode, Prof. Richard D. Wolff presents updates on Wonderwoman, Archbishop's critique of UK economic system, a US Labor Day comment, McDonald's workers strike in UK, economics of hurricanes, and...

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Economy & Psychology: Siamese Twins

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Unmistakable signs point to the fact that the mass of US citizens are economically and psychologically in bad shape. These conditions are intimately connected as siamese twins.

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Bosses enrich themselves with no obvious benefit to the rest of us

Blog-_Against_High_CEO_Pay.pngWhen so-called free marketeers try to defend bosses’ pay, they do the cause of free markets a huge disservice by encouraging people to equate free markets with what is in effect a rigged system whereby bosses enrich themselves with no obvious benefit to the rest of us.

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Economic Update: A Tale of Two Crises

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This week's episode explores US working conditions in 2017, the reality of a looming recession and upcoming negative interest rates...

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Economic Update: Human Rights v. US Water Economics

This week's episode focuses on Trump’s tweets about Amazon over taxes, provides updates on why Americans are dying younger, reviews how Monsanto...

 

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Surplus Hoarders: how those at the top are pulling away

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In a new book, Richard V Reeves worries that the top echelons of the U.S. middle class—those earning over $120,000—are separating from the rest of the country, and pulling up the drawbridge behind them. But Reeves needs to take another look at what’s going on: what about the people who produce but do not share in the surplus—or, for that matter, have any say in what happens to the surplus?

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Economic Update: Economics as Deception

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The first half of this week’s show provides updates on the growing income gap between Millennials and Baby Boomers...

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d@w Exclusive: Michael Hudson on Junk Economics | Full Transcript and Audio

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In this exclusive for Democracy at Work, Paul Sliker and Dante Dallavalle talk with Michael Hudson, one of the world’s six economists who accurately predicted the 2007-2008 financial crisis.

Check out the full transcript and audio.

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10 years after: Neoliberalism - the Break-Up Tour

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The failure to imagine alternatives to neoliberalism’s coda of self-interest, individualism, private ownership, unmanaged markets and exorbitant privilege given to finance is odd, because successful beacons of different approaches already exist and are emerging everywhere.

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Economic Update: Faith & Labor Fight Inequality

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The first half of this week’s show provides updates on...

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We need community to stop gentrification

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A rational society would not permit the amount of money one has to spend for housing to be the criterion for access to housing. The fight against gentrification as rents soar in Boyle Heights, Los Angeles shows us why affordable housing should be provided for all.

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Economic Update: Collective Action for Change

On this week's show, Prof. Wolff interviews Dr. Harriet Fraad...
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Global Capitalism: Capitalism vs Socialism Today [August 2017]

Global Capitalism: "Capitalism vs Socialism Today"
with Richard D. Wolff 
Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church

These programs begin with 30min of short updates on important economic events of the last month...
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Why work eight hours a day?

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The crazy greed of business enterprises to earn profit has turned the human species from Homo sapiens to the slavery status of Homo employees, whose lives mean nothing more than a bare survival. 

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Prof. Richard Wolff debates Fox's Stuart Varney

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Economist and d@w co-founder Richard D. Wolff joined Fox Business to debate with Stuart Varney about socialism, capitalism and taxes.

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Economic Update: Economics of Socialism

On this week's show, Prof. Richard D. Wolff presents updates on Russia sanctions, medical companies' failures, cable company monopolies, CEO pay...

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Beyond the Minimum Wage Debate: Let's Move Toward a System That Works for All

Once more with feeling, the old debate rises into the headlines and the talk show circuit: Should governments -- state, federal or local -- raise the minimum wage or not? Employers of minimum-wage workers weigh in to say "no." But that raises a PR problem: It looks bad to advocate keeping...

 

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Economic Update: Economics Taught Badly

On this week's show, Prof. Wolff presents updates on United Airlines' profits from customer abuse; bankster blames government; China's rapid economic growth; and worker coop news from...

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Workplace dictatorship and stolen time

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“Time theft” is an ongoing problem of contemporary capitalism, both within the dictatorship of the workplace and in the seeming democracy of our lives outside of work.

Economist David Ruccio responds to Elizabeth Anderson and her recent article for Vox about workplace dictatorship.

 

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Economic Update: Capitalism's 'Leaders'

On this week's show, Prof. Richard D. Wolff presents updates on dueling health bills, cutting minimum wages, Pope on...

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The Tory campaign relies entirely on your economic ignorance

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"A sovereign currency issuer like the UK Government (or the US Government) has no physical limits on how much money it can create and spend. This is by definition and not a matter of opinion."

Patricia Pino explains how the UK general election exposed the ignorance of politicians and the general public around the subject of macro-economics.

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Global Capitalism July 2017 Monthly Economic Update

Global Capitalism: "Evaluating 6 Months of the Trump Economy"
with Richard D. Wolff
Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church

These programs begin with 30min of short updates on important economic events of the last month...

 

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How Capitalism Exploits Us (And What We Can Do About It)

Our friends at Sustainable Human recently created a short video featuring Professor Wolff, where he compares capitalism to feudalism and slavery, and explains how a more democratic economic system is possible.

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Economic Update: Addiction, Capitalism, and 12 Steps

On this week's show, Prof. Wolff provides updates on car loans, sales showing falsity of "recovery" claims, airline profits vs service, the G-20 meetings coordinate global austerity, July 4 and capitalism, and the...

 

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Talks at Google: "Democracy at Work: A Cure for Capitalism"

Professor Wolff presents current events and draws connections to...

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Economic Update: Capitalism's Shadow: Poverty

On this week's episode, Prof.Wolff presents updates on European sanctuary cities, McDonald's automation, Travis Kalanic, and...

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Mass Murder is Capitalist Misery: Economy Meets Psychology

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Unmistakable signs point to the fact that the mass of US citizens are economically, socially, and psychologically in bad shape. Dr. Harriet Fraad breaks down the economic, social and emotional conditions, and how they relate to each other. 

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Economic Update: Capitalism's Self-Destruction

On this week's show, Prof. Wolff presents updates on declining Cal State University system, Trump vs coal industry realities, Hudson Yards for mega-rich vs New York's social needs, lotteries' and legalized...

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LEFT OUT: Cleveland, A New Model?

In this episode we’re going to Cleveland, Ohio to explore the Evergreen Cooperative Initiative.  Launched in 2008 as part of the broader University Circle Initiative, the three cooperatives that make up the Evergreen network are tied together by a non-profit organization called the Evergreen Cooperative Corporation.  The utilization of...

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LEFT OUT: Philanthro-Capitalism

In this episode of Left Out, we interview Professor Linsey McGoey Professor at the University of Essex who recently published a book, "No Such Thing as A Free Gift: The Gates Foundation and the Price of Philanthropy"on new trends in philanthropy, namely the giving of...
 
 
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LEFT OUT: The Trans Pacific Partnership (TPP)

This episode takes a critical look at the The Trans Pacific Partnership (TPP), a trade deal involving 12 countries, encompassing nearly 40% of the global economy. Though lauded by the U.S. government as a deal  “ that will help increase Made-in-America exports, grow the American economy, support well-paying American jobs, and strengthen the...

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