Articles by Richard Wolff

We found 7 results.


The End of the US Empire, the Denial of the US, and the Rise of China and BRICS
Richard Wolff | Community Church of Boston – TRANSCEND Media Service, 18 Nov 2024

12 Nov 2024 – The political crises facing the United States at home and abroad hinge on this question: How will the US manage its decline?

→ read full article

The Role of Capitalism in the War in Ukraine
Richard Wolff | ScheerPost - TRANSCEND Media Service, 18 Apr 2022

14 Apr 2022 – To the motives for war in human history, capitalism added another: profit. Ukraine, per se, is not the issue. It is tragically a war-ravaged pawn in a much larger conflict.

→ read full article

Marxist Economic Theory Easily Explained
Richard Wolff | The Jimmy Dore Show – TRANSCEND Media Service, 3 Jun 2019

Richard David Wolff is an American Marxian economist known for his work on economic methodology and class analysis. He is Professor Emeritus of Economics at the University of Massachusetts and a Visiting Professor in the Graduate Program of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, University of Utah, University of Paris I (Sorbonne), and The Brecht Forum. In 1988 he co-founded the journal Rethinking Marxism. In 2010, Wolff published Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It, also released as a DVD.

→ read full article

The Great Austerity Shell Game: Here’s How the Capitalist Scam Works
Prof. Richard Wolff – TRANSCEND Media Service, 11 Nov 2013

When capitalist economies crash, most capitalists request – and governments provide – credit market bailouts and economic stimuli. However, corporations and the rich oppose new taxes ‘on them’ to pay for stimulus and bailout programs. They insist, instead, that governments should ‘borrow’ the necessary funds. Since 2007, capitalist governments everywhere borrowed massively for those costly programs.

→ read full article

US Politics’ True Bipartisan Consensus: Capitalism Is Untouchable
Richard Wolff – The Guardian, 28 Oct 2013

Democrats like moderate Keynesianism. Republicans favour free markets unfettered. The crisis-ridden system is never challenged. The economic aim of both major US political parties is, in the end, the same: to protect and reinforce the capitalist system.

→ read full article

Recovery Hype: American Capitalism’s Weapon of Mass Distraction
Richard Wolff - The Guardian, 30 Sep 2013

You don’t have to be a Marxist to see how the 1% tries to fool us that we too are sharing in their renewed wealth. But it helps. From President Obama on down, defenders of the status quo insist that the US economy has “recovered” or “is recovering”. Some actually see the world that way.

→ read full article

Yes, There Is an Alternative to Capitalism: Mondragon Shows the Way
Richard Wolff – The Guardian, 2 Jul 2012

There is no alternative (“Tina”) to capitalism? Why are we told a broken system that creates vast inequality is the only choice? Spain’s amazing co-op is living proof otherwise. “We are not some paradise, but rather a family of co-operative enterprises struggling to build a different kind of life around a different way of working.”

→ read full article