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India & Global Left: US Labor Movement, Democrats & politics, Chinese Economy & NYT
Prof. Wolff joins India & Global Left in a discussion about the revival of the Labor movement in the US. The conversation delves into the role of the Democratic party and the state of the new Left in the US, especially in the aftermath of the perceived decline of the Sanders movement post-2020. Additionally, insights are shared regarding Prof. Wolff's perspectives on the reporting by liberal US Western press such as the NYT and FT on the apparent slowdown of the Chinese economy. The video concludes with Prof. Wolff offering his reflections on rethinking socialism in the present day.
More →The Decline of the U.S. Empire and the Emerging Multipolar World
Prof Wolff joins Rachel Blevins to discuss various aspects of U.S. foreign policy and economic challenges. He expresses skepticism about the Biden administration's handling of international conflicts, particularly the focus on foreign funding for conflicts in Ukraine, Israel, and Taiwan. He criticizes the administration's economic approach, highlighting its failure to explore alternative measures to address inflation, such as wage-price freezes and rationing. Wolff also touches on the declining influence of the U.S. in the global arena, emphasizing the emergence of China and other BRICS nations as significant competitors. Throughout the interview, Wolff urges for a more realistic assessment of the changing world order and its implications for the U.S. economy.
More →The Socialist Program: Behind Zelensky's Trip to Washington: The Ukraine War Is Financing US Capitalists
In this discussion, Brian Becker and Professor Richard Wolff explore the symbiotic relationship between the US economy and the military-industrial complex. They emphasize the continuous wars, the escalating defense budget (proposed at $842 billion for 2024), and the monopolistic nature of the military-industrial complex. The conversation draws parallels with the medical-industrial complex and highlights how both have become integral, non-competitive components of the US economy.
More →Dialogue Works: Clowns in Charge
Prof Wolff joins Dialogue Works in discussing various global issues, highlighting the shifting dynamics of capitalism and the emergence of socialist critiques. He acknowledges the significance of figures like Jill Stein, Cornel West, and Mary Ann Williamson, emphasizing the need for a unified left opposition to bring about meaningful change. Wolff points out the failures and mistakes of old capitalism, citing recent geopolitical events and the inability of the ruling class to grasp the unfolding revolutionary situation. The growing labor organizing and alliances between social and labor movements are seen as crucial forces challenging the status quo. Overall, Wolff envisions a revolutionary shift driven by both intellectual figures and grassroots movements, signaling a profound transformation in the socio-political landscape.
More →The Socialist Program: 60% Living Paycheck to Paycheck: Time for a New System
On this episode of The Socialist Program, Walter Smolarek and Prof. Richard Wolff discuss the number of people in the U.S. living paycheck to paycheck and the level of disconnect the elites in government have from the working class.
More →The Socialist Program: Biden’s Economic Policies: Recession in 2024?
Professor Wolff joins Brian Becker to discuss contrasting views on inflation. The Wall Street Journal suggests that a slowdown in inflation, as indicated by the recent report, could lead to the Federal Reserve halting interest rate hikes. However, UBS bank offers a starkly different prediction, anticipating a potential 2.75 basis points cut in interest rates by 2024, citing risks of disinflation and rising unemployment. Professor Wolff criticizes the Federal Reserve's historical failure in achieving both price stability and maximum employment. The conversation also touches on the U.S.-China relationship, exploring how their economic integration is unraveling, partly due to the perception of China as a growing economic threat to the declining American empire. Professor Wolff emphasizes the need for the U.S. to confront economic realities and adapt to the changing global landscape.
More →Bad Faith: How Does the U.S. Pay for TWO Wars?
Prof Wolff joins Briahna Joy Gray to address Treasury Secretary Janet Yellen's attempt to reassure the public regarding America's investment in Israel amid the Gaza siege. Yellen's statement suggested the feasibility of sustaining two wars—the conflict in Ukraine and Israel's actions in Palestine. In this discussion, the focus revolves around the inflationary consequences linked to military expenditure. The conversation delves into alternative strategies to combat inflation, such as implementing a wage or price freeze, and their potential implications for labor-related goals. Additionally, the conversation touches upon the future trajectory of the Cornel West campaign.
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