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On this week’s episode of Economic Update, Professor Richard Wolff addresses the numerous requests for financial planning or investment advice that he receives from many of you. We touch on the truth about investing in the stock and/or bond markets. In addition, Professor Wolff offers a basic understanding of the... Read more
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In this episode, the dialectic goes on to explore how Hegel's idea of historical transformation and change in the world of consciousness and thinking can be used to understand the political and economic situation around the world. Drawing upon a host of examples from the past, and the present, from... Read more
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On this week’s episode of Economic Update, Professor Richard Wolff offers a special episode to continue the previous discussion on communism. We will discuss how socialism's history evolved into separating socialism from communism and creating multiple, different meanings of what is considered communism today. Read more
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American women are on a birth strike. The U.S. leads the developed world in reducing the global birth rate. Only well-funded government programs for families and children will change this phenomenon. U.S. women cannot be the national safety net. This week's episode explains why U.S. women are on a birth... Read more
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On this week’s episode of Economic Update, Professor Richard Wolff offers a special episode discussing the unscary origins of the ideas of communism and socialism before the Cold War demonized them. We will discuss how socialism's history evolved into separating socialism from communism and creating multiple, different meanings of what... Read more
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We live at a time when multiple crises surround us. Moreover, we are told that there is no alternative (TINA) so we must all accept the 'lesser of the two evils logic'. This week the dialectic goes to work to critically examine this claim. In particular, we dive into the... Read more
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On this week’s episode of Economic Update, Professor Richard Wolff draws attention to the 10,000 hotel workers who recently conducted a strike impacting major hotels across 19 US cities. We highlight the contested merger of the two largest grocery chains in America. Albertsons and Kroger threaten to become the third... Read more
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On this week’s special Labor day episode of Economic Update, Professor Richard Wolff honors both Labor Day and President Abraham Lincoln. President Lincoln once said in 1861 that "Labor is the superior of capital." Yet, capital in the United States has only two major political parties, the Republicans and the... Read more
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On this week’s Economic Update, Professor Richard Wolff discusses Kate Pickett's and Richard Wilkinson's best-selling study in the book "The Spirit Level" (2009), showing how economic inequality correlates with most of the major social problems of our time. We will juxtapose their latest paper "The Spirit Level at 15: The... Read more
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Family was a mainstay of child development and emotional sustenance for both adults and children. US families are now falling apart. Today's episode asks the question: "What can be done to replace their sustaining power?" Read more
This section is dedicated to D@W appearances, op-eds and articles by our contributors. D@W is not affiliated directly with these organizations, companies or entities.
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David Lin interviews Richard Wolff on the subject of global geopolitics, focusing on the escalating tensions in the Middle East, particularly between Israel and its neighbors. The discussion delves into the role of declining empires and the need for multilateral cooperation to avert global crises. The interviewee emphasizes the limitations... Read more
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On this episode of The Socialist Program, Prof. Richard Wolff and Brian discuss Trump's economic program, including his threats to impose massive tariffs on Deere's farming equipment if they move operations to Mexico as planned. Read more
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The Socialist Program welcomes Professor Richard Wolf to discuss the issues surrounding consumer debt as highlighted in a Wall Street Journal article. Professor Wolf critiques the article for ignoring the fundamental struggle of the working class to meet expenses without accumulating debt. The discussion delves into Modern Monetary Theory (MMT)... Read more
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Prof. Richard Wolff joins the program to discuss his reaction to the massive geopolitical and economic shifts taking place worldwide as a result of the rise of BRICS, the decline of the US empire and the growing influence of Russia and China. Read more
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Richard Wolff joins Law and Disorder to discuss the parallels between the rise of fascism in early 20th-century Germany and the current political climate in the United States. He explains that the defeat of Germany in World War I triggered an economic collapse, hyperinflation, and desperation, creating fertile ground for... Read more
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Letters and Politics interviews Richard Wolff on the subject of economics and the current election. Wolff discusses the false accusations of Kamala Harris being labeled a Marxist by Donald Trump. He explains the concept of tariffs, highlighting the misconception that tariffs are paid by the country imposing them, and emphasizes... Read more
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The evidence suggests that empires often react to periods of their own decline by over-extending their coping mechanisms. Military actions, infrastructure problems, and social welfare demands may then combine or clash, accumulating costs and backlash effects that the declining empire cannot manage. Policies aimed to strengthen empire—and that once did—now... Read more
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In this interview on KPFA's Letters and Politics, Richard Wolff discusses economic issues such as tariffs and price gouging. Tariffs are explained as taxes on imports paid by American importers, not by the countries of origin. He delves into how protectionist measures like tariffs can lead to negative consequences like... Read more
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On the show, economist and professor Richard D. Wolff provides insights on the United States' economic decline and the global geopolitical landscape. Wolff discusses the complexities of assessing an economy and the misleading nature of cherry-picking data. He highlights the historical context of the United States as a post-World War... Read more
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Labor Day is viewed as a significant holiday in the U.S.A. However, its celebration of the contribution of workers to our society has clearly waned since its establishment.  It is socially viewed now as the traditional “end of summer” and while this cultural attitude has not  changed significantly in recent... Read more
Understanding Marxism Preview
Understanding Capitalism aims to answer the question: 'Why capitalism fails us'?. It explores the different definitions of what capitalism is and is not – showing why definitions matter. It dissolves the many myths that make it hard to understand the system. Readers acquire tools needed to engage basic economic and social issues of our time by showing precisely how they depend upon the capitalist system. Then the book shows how and where we can go beyond capitalism to specific alternative systems. Doing that, we argue, can and should be part of solving today’s great issues, of making the world better than we found it. Buy Here →
Understanding Marxism Preview
If you want to understand capitalism in order to make society better, then understanding Marx’s analysis is fundamental in drawing your attention to capitalist production’s core conflict: class struggle. It is everywhere, and it influences everything and everyone in our society. Marx is the theoretician who first explained it systematically. He was a social critic for whom capitalism signified not the end of human history, but the latest phase that badly needed a transition to something better. Buy Here →
The Sickness is the System Preview
The coronavirus pandemic, economic crash, political divisions, and social tensions have plunged the declining American capitalist system into chaos. In this collection of over 50 unique essays, Prof. Wolff argues that a mere return to normalcy is inadequate to tackle the accumulated problems of US capitalism. Buy Here →
Understanding Socialism Preview
Understanding Socialism tackles the taboos and unveils the often hidden histories of socialism, but most importantly it offers a way forward: a socialism built on democracy in the workplace. A blend of history, analysis and opinion, Understanding Socialism is an honest and approachable text that knocks down false narratives, confronts failures, and offers a path to a new socialism based on workplace democracy. Buy Here →

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