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

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

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...

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.

When 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.

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

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

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?

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

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.

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.

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

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.

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

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. 

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

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

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...

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...

“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.

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

"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.

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

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.

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...

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

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

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. 

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...

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...

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...

What most of us have long believed about how the economy works is based on a set of fundamental myths, supported by a series of inappropriate and misleading metaphors, from which it is difficult to escape. The emotional investment we have made in these myths has allowed for levels of unemployment, underemployment, inequality and relative poverty which would have seemed incredible a generation ago.

On this week's show, Prof. Wolff presents updates on Oklahoma cuts funds for public schools, why Americans dont take paid vacations owed them, how coal/oil companies fight solar/wind companies to buy...

Instead of constantly focusing on the symptom, i.e. Trump and his cabal, we need to ask ourselves as philosopher Henry Giroux does, “What kind of society produces Donald Trump?” or more specifically, ‘What kind of person embraces this kind of budget?’ 

Large corporations and wealthy individuals pay far less than their fair share of taxes. Until we democratize the economy, the rest of us—who are not members of the boards of directors of large corporations or wealthy individuals—will continue to be forced to shoulder the burden of paying taxes to finance government services.

On this week's show, Prof. Wolff presents updates on California, Nevada steps toward universal medical insurance, Toronto housing bubble, Air Traffic Controllers and the privatization issue, US, Mexico fight over...

Most Americans have never recovered from the recession of 2008 and the outsourcing, mechanizing, robotizing and computerizing of their jobs. Men’s salaries and working conditions have been deteriorating since the mid 1970s. Women’s salaries have increased to...

On this week's show, Prof. Wolff presents updates on big banks fix rates, IRS checks on churches, CEOs' pay rises fastest to worsen US inequality. On the second half of the show, Prof. Wolff will discuss in more detail...

The largest study comparing worker cooperatives to normal companies shows that cooperatives are more productive.

On this week's show, Prof. Wolff talks about Trump's 2018 budget, Ford's undemocratic decisions, US opioid epidemic, Swiss vote to end nuclear power, Harley-Davidson moving jobs overseas, Canada outlaws...

This article originally appeared at Truthout.org

Capitalism as a system is now increasingly challenged. Critics proliferate and steadily deepen their opposition (alongside, of course, the persistence of capitalism's defenders). Yet capitalism's traditional "other" -- namely, socialism -- has also been widely devalued. It has lost its position as the goal (however variously interpreted) for anti-capitalist social movements. When not simply ignored, socialism...

We didn’t just want to provide multiple Bronx youth with a steady income; we wanted to provide them with real ownership of a cooperative business...

 The emotionally laden term “family values” is a cover for corporate greed.

On this episode of Economic Update, Prof. Wolff discusses Yale grad students hunger strike for a union, US raising interest rates on student loans, 2 new Senate bills on worker ownership of enterprises, and some economic dimensions...

Il Segretario al Tesoro Steve Mnuchin non sembra essere preoccupato...

Global Capitalism: "The US' Position Weakens"
with Richard D. Wolff 
Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church

In this careful and robust examination of all of the evidence currently available, economist Virginie Pérotin compares the performance of worker cooperatives to that of conventional capitalist firms.

...مرة أخرى، تهدد تناقضات وعيوب ونقاط ضعف الرأسمالية الخاصة، تهدد وجود الرأسمالية نفسه. الانهياران العالميان

This week, Prof. Richard Wolff presents updates on courts blocking Trumps attack on sanctuary cities, selling Whole Foods, Jack Ma and blaming technology for jobs collapse, falling department store jobs since 2000, British queen's enterprise award to...

.

The growth of inequality over decades is due to the ability of those at the top and those at the very top to capture a large portion of the growing surplus. But there has also been a change in the nature of that inequality in recent years, at least for those at the top—which is not due to escalating wage inequality, but to a boom in income from the ownership of stocks and bonds. They’ve now joined the ranks of the “coupon clippers,” who are able to use their accumulated wealth to get their share of the surplus.

The owners of capital at the very top are mirroring the structure of inequality last seen during the first Gilded Age.

This week: Updates on United Airlines' flier abuse, Cuomo's flawed "free college" plan, what to do as self-drive vehicles end millions of jobs, and big investors plan to cash in on Trump infrastructure plans...

Professor Richard Wolff talks with acTVism Munich about public debt, the process of printing money, the role that corporate banks play...

Global Capitalism: "Trump’s Big Economic Plans Fade"
with Richard D. Wolff 
Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church

On this week's Economic Update, Prof. Richard Wolff presents updates on Citibank says it favors the rich, French presidential elections, US college admissions favor the rich, injustice of...

Treasury Secretary Steve Mnuchin may not be worried, but we should be. Workers will continue to suffer unless and until they have a say in how robots and the resulting surplus are utilized.

The earlier Women’s Movement did not usually engage broad economic issues. It focused more on problems of women versus men. Only by addressing class barriers to women’s inclusion in the labor force and the barriers to men’s full participation in the family can we address the pay differentials between women’s and men’s paid work as well as women’s greater freedom to pursue careers.

D@W's Paul Sliker and Dante Dallavalle talk with Michael Hudson, one of the world’s six economists who accurately predicted the 2007-2008 financial crisis. His new book, J is for Junk Economics, reveals how the mainstream economic vocabulary has been turned around in an Orwellian way to mean just the opposite of what words used to mean. Michael explains how the media and academia use well-crafted euphemisms to conceal how the economy really works, the economy under Obama vs. Trump, and what might be coming next. 

On this week's Economic Update, Prof. Richard Wolff presents updates on major troubles (Brexit, Trump, etc.), student debt penalty, New York billionaires ask to be taxed, Trump's job fantasies, Seattle's official renters commission, age discrimination...

 Trump is Obama’s Legacy. Will this break up the Democratic Party? One of the world's leading economists explains.

Parte del objetivo de Coop Talk es explorar la información más reciente sobre la investigación académica que estudia las cooperativas bajo el control de los obreros...

On this week's Economic Update: updates on Puerto Rico, slave labor in the cocoa fields, worsening UK inequality, leaders imposing austerity on others, Canada's Girl Guides among tourists to shun US...

“I’ve been dreaming of this since I’ve been...drinking out of kegs.” This statement was brought to you by House Speaker Paul Ryan at a National Review conference. The reverie Mr. Ryan has been musing since his youthful fraternity days at Miami University has been to dismantle healthcare for millions of those who rely on programs such as Medicaid, Medicare, and now it’s recent expansion under the Affordable Care Act.

But it seems that Mr. Ryan isn’t the only dreamer. Under the new Trump regime the GOP may well come closer to realizing this morbid dream.

Residents of the West Bank village of Kafr Ein have established a modest olive oil cooperative to solve immediate economic problems.

On this week's Economic Update, Prof. Wolff provides updates on FED and interest rates, new US and China inequality data, BLS on wage stagnation...

Bill Fletcher Jr è stato un’attivista politico sin dagli anni dell’adolescenza...

On this week's Economic Update, Prof. Wolff gives updates on Caterpillar tax evasion, Obamacare, slave labor for immigrants...

Global Capitalism: "Is Capitalism Fading? Is System Change Underway?"
with Richard D. Wolff
Co-sponsored by Democracy at Work, Left Forum & Judson Memorial Church

Mientras el capitalismo global se tambalea penosa, desigual y peligrosamente después de su colapso en el 2008, sus críticos se dividen en 2 grupos.

On this week's episode of Economic Update, Prof. Wolff provides updates on Takata airbags and auto company misdeeds, Trump's defense spending, deepening inequality, why capitalism provokes...

...بە درێژایی سەدەی ڕابردوو، سیستەمی سەرمایەداری خراپترین نیەتەکانی خۆی نیشانداوە لەنێوانیشیاندا داڕمانی گەورەی ساڵی

Cooperatives can emerge as an important part of a different economic order, an alternative to an establishment order of insecurity and poverty for the many and privilege and wealth for the few. 

In these Trump times of ours, the case for cooperatives is only likely to become more evident and gather steam. The cooperatives movement can emerge in the eyes of an increasing number of people as a way to stop depending on boss and elite classes and to start taking their security and prosperity into their own hands.

Economist Antonio Callari discusses the 'why now,' the 'how' and the 'so-what' of such a movement. 

In this interview with acTVism Munich, Prof. Wolff talks about an instrument of exchange that we use in our society on a daily basis called money.

The Berkeley City College Students for Socialism Club and the Jerry L. Adams Endowment Fund present "Trump's Economy: Talk vs. Reality" with Prof. Richard Wolff. 

On this week's Economic Update, Prof. Wolff provides updates on the exploitation of adjuncts that weakens US higher education and on US's extreme wealth inequality. Major discussion of...

In this interview with acTVism Munich Prof. Wolff answers...

On this week's Economic Update, Prof. Wolff provides updates on stock market bounce, Swiss voters stop corporate tax giveaway, why public are better than private schools, billionaires party...

Worker-owned enterprises as a key feature of a socialist transition from capitalism.

While Wall Street celebrates yet another stock market record—surpassing 20,000 on the Dow Jones industrial average—most Americans have little reason to cheer. That’s because they own very little stock and therefore aren’t sharing in the gains. A much better alternative for American workers would be to look toward a radically different model: enterprises that are owned and managed by their employees.

The Greek workers of VIOME took-over their old factory, fought off evictions and collectively occupied auction houses to stop the sell-off of the land they work on. In doing so, they are not just creating a better way of doing work, but also offering hints at more supportive and integrated communities and stronger, less-fractured societies. And they are not alone.

A detailed analysis on charter schools published by the Economic Policy Institute noted that, “Numerous analyses have found chartering to lead to an imbalanced distribution of students by race, income, language proficiency, and disability status.” Furthermore, “pension and health care costs are systemwide concerns that cannot be ignored by shifting students and public dollars across sectors.” Charter schools seem to bring up more questions than they answer.

On this week's Economic Update, Prof. Wolff provides updates on Vermont brewery becoming a worker coop, profitability proves nothing, Trump knocks "fiduciary rule," immigration reduces crime, Pelosi...

Professor Thomas Lambert chats with us about U.S. worker-owned cooperatives and their decision-making structures. His research, which surveyed about 50 co-ops across the country (there are an estimated 200 to 300 worker-owned cooperatives in the United States) sheds light on some of the underexamined aspects of co-op structures, such as the ratio of managers to workers, and the criteria considered in making investment decisions.

On this week's Economic Update, Prof. Wolff provides updates on NFL's income redistribution, big bucks for Starbucks CEO, US health data, pension benefits cut, Goldman Sachs in...

In the face of social and ecological peril, there's a movement that continues to build and resist. This podcast will take you into the heart of it.

An interview with racial justice and labor activist Bill Fletcher Jr. on the phenomenon of right-wing populism, and what it means for an anti-racist left.

This article by Tomás Rotta was originally published in English. Este artículo por Tomás Rotta fue publicado originalmente en inglés.

This article by Harriet Fraad was originally published in English and is also available in Spanish. Questo articolo di Harriet Fraad è stato originariamente pubblicato in inglese e spagnolo.

Prof. Wolff joins a panel of leading experts: Edward Snowden, Srecko Horvat, Jeremy Scahill and Paul Jay in a discussion about freedom and democracy.

On this week's Economic Update, Prof. Wolff provides updates on Basic economy airfares, Trump-May delusions, drop in US union membership, Trump's attacks on Mexico and TPP, elite colleges vs state schools. Major discussion of...

This article by Harriet Fraad was originally published in English. Este artículo por Harriet Fraad fue publicado originalmente en inglés.

On this week's Economic Update, Prof. Wolff provides updates on Trump advisors, small fines for big corps, wages 1980-2015 by race, gender, and class, real poverty data, bits from Davos. Interview with..

To solve the greatest challenges of our time, climate change and inequality, we need an economic system that serves us better. However, beyond identifying and agreeing upon the problem we often stop short at imagining solutions.

The re-imagination of the economy is already in motion. Now it's time for the climate movement to get on board with organizing for a democratically managed and collectively owned economy.

On this week's episode of Economic Update, Prof. Wolff provides updates on people forming coops in Detroit and Fridley, Minn; VW's guilty plea and Cuomo's fake numbers; real reason for...

This article by Lucas McGranahan was originally published in English. Este artículo por Lucas McGranahan fue publicado originalmente en inglés.

On this week's episode of Economic Update, Prof. Wolff interviews Dr Harriet Fraad on emotional labor.

This article originally appeared at Truthout.org 

Over the last century, capitalism has repeatedly revealed its worst tendencies: instability and inequality. Instances of instability include the Great Depression (1929-1941) and the Great Recession since 2008, plus eleven "downturns" in the US between those two global collapses. Each time, millions lost jobs, misery soared, poverty worsened and massive resources were wasted. Leaders promised...

This article by Richard Wolff was originally published in English. Dieser Artikel von Richard Wolff wurde ursprünglich in Englisch veröffentlicht.

Wieder einmal gefährden die Widersprüche, Fehler und Schwächen des Kapitalismus‘ seine eigene Existenz...

On this week's episode of Economic Update, Prof. Wolff provides updates on mistreated homeless, keeping millions from voting, 'I, Daniel Blake,' 3000 water systems like Flint, Trump's foreign employees, unequal retirement USA, Sen Whitehouse on anti-science. Major discussions of...

During the recent presidential campaign, Donald Trump promised to revitalize American manufacturing—and bring back “good” manufacturing jobs. So did Hillary Clinton.

As long as workers have no say in how production is organized—including the technologies that are used and the surplus that is created—we can expect both manufacturing production and profits to increase while leaving workers and their jobs behind.

How do we build an alternative while people are suffering now? Though single payer healthcare is touted as the obvious fix, the world can’t wait until it’s politically feasible, much less as the incoming Trump administration ramps up its assault on state-funded care.

Worker-owned cooperatives present a coherent vision of what a radically new medical system could look like.

On this week's episode of Economic Update, Prof. Wolff provides updates on politicians lying about economics, fines for big banks, Maine votes left, int students come less to US, Pebble Mine struggle, fading American dream. Major discussions of...

Inequality in the United States is rising because people are paying more to work. When people pay more to work, the share of national income that goes to the top 0.1% increases. The solution does not lie in a global tax on wealth but rather in workers not paying to work.

On this week's Economic Update, Prof. Wolff provides updates on US defense spending,  French vs US capitalism, Ikea's US paid family leave, Trump's economics. Interview with...

New York City has hosted worker cooperatives for years and is moving to provide additional support for WSDE development.  New York City’s Cooperative Home Health Care (CHCA) is the largest worker cooperative in the United States.  Given its expanding cooperative economy, Democracy at Work recommends that New York City commit more resources to this sector, such as grant funding for start-up and operation of WSDEs, tax abatements, and a dedicated agency that oversees training and funding, like the Small Business Administration.  

Global Capitalism:
"Trump's Ideas for Jobs, Taxes, Trade: What Those Plans Mean For Us"

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 December, these will include:

Today's excluded populations, particularly the formerly incarcerated and disadvantaged workers, suffer repeated exclusion from the workplace or exploitation when employed, which only serves to increase recidivism. WSDEs are a viable solution especially since all employees are included in the democratic decision making of the company. Workers also benefit from the experience of solidarity while working within a structure committed to equality and mutual support.

This article originally appeared at Truthout.org

Once again, private capitalism's contradictions, flaws and weaknesses threaten its own existence. Two major global collapses -- first in the 1930s and more recently, since 2008 -- plus periodic downturns every few years have underscored the instability that haunts the system. At the same time, deepening inequality has