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...

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. 

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...

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

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...

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...

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...

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...

Economic Nationalism: How Capitalism Tries to Cope With Extreme Inequality

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... 

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...

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.

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

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...

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.

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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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...

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

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

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

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...

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...

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...

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

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

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... 

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...

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...

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...

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...

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...

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

What was the real intent behind IRS Section 936?

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...

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...

Global Capitalism: Linking Trump and Marx’s Critique of Capitalism

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... 

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

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...

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.

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

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

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...

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...

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.

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...

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...

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.

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

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

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...

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...

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.

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.

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.

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...

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...

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

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...

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...

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

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...

Why do Americans turn to opioids and die?

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...

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.

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.

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.

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...

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.

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...

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

Professor David Harvey defines Neoliberalism in less than six minutes. 

Audio and excerpt:

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...

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.

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...

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

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... 

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...

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.

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

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...

(Photo: Andrew Lichtenstein / Corbis via Getty Images)

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.

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.

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...

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...

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...

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."

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...

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...

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.

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...

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.

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...