Economic Theory

  • Special Comments - Short Clips

    In this series of short video clips, Professor Wolff discusses Deficits and Debts, Europe's Crisis and Austerity, Tea Party Politics, Social Security, and What Obama's Economic Policy should be. 

    Deficits and Debts - Causes and Cures

     

    Europe's Crisis and Austerity

     

    Major Corporations and Tea Party Politics

     

    The Real Economics of Social Security

     

    What Obama's Basic Economic Policy Should Be

  • Global Capitalism - A Monthly Update & Discussion Oct 2011

    These Tuesday evenings will each begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We will focus on the evolving global capitalist economic crisis and its consequences. We will examine topics such as

  • TO VIMA Interview Questions

     

    Below is a set of answers to a list of questions posed by a reporter for a major Athens, Greece daily paper, TO VIMA. Its Sunday edition for August 14 carried an article based on those questions and answers, although not written in that same form. The link to the original Greek publication is available on this page in the upper right-hand corner.  

    1. Was there anything Barack Obama could have said to prevent the US downgrading?

  • Occupy Wall Street - Richard Wolff Speaks

    Richard Wolff speaks to Occupy Wall Street's Open Forum on Tuesday, October 4, 2011. Speaking in Liberty Square near Wall Street without microphones, Wolff focuses on the economic crisis and the problem of capitalism as a system as they relate to the new social movement being achieved by Occupy Wall Street and all those inspired by it across the country.

  • Occupy Wall Street asks the big economic questions

    Original article, by Ellen Russell, appeared on Rabble.ca on October 6th, 2011

    "We Are The 99 per cent that will no longer tolerate the greed and corruption of the 1 per cent," say the Occupy Wall Street protesters. This grassroots protest started on Wall Street, but is now spreading far and wide among folks who just can't take it anymore.

  • Occupy Wall Street ends Capitalism's Alibi

    Appeared in the Guardian "Comment is Free" on October 4th, 2011

  • Question Capitalism

    Recently the Occupy Wall Street movement has gone international. Many believe that these uprisings are a part of a growing concern for a change of governments. What are the real alternatives to current government systems? Will the Occupy Wall Street movement make Americans question capitalism? Richard Wolff, talk show host at WBAI Radio, digs deeper.

     

  • Welfare to Nofare - Crosstalk

    Much of the developed world is still reeling from the aftermath of the 2008 financial meltdown. Austerity measures have begun to wipe out the foundations of the welfare state while the 20th-century model of social democracy seems to be giving way to capitalist absolutism. In 2009, Newsweek heralded the end of capitalism, saying “We are all socialists now!” But two years later, the left has all but quit the European stage and individualism has become the dominant cultural paradigm.

  • Economic Update on WBAI Oct 1

    Updates this week focus on Bank of America imposing fees for debit cards, on shrinking borrowing and disposable income growth as downward pressure on US economy, on Harvard's and Yale's wealth growth alongside their tax exemptions, and on the transaction tax on financial transactions looming in Europe.
  • Why we need a powerful Left Party

    Professor Rick Wolff discusses some of the reasons why we need a new left party in the United States, including the Democratic Party’s dependence on Wall Street and other big business interests; how this dependence has silenced the voices of the poor and middle class in our current political debates; and how left parties in Europe have contributed both to a stronger safety net and more egalitarian society, along with more widespread and militant resistance to corporate power.

    Part 1 Part 2

  • Richard Wolff with Anthony Arnove

    Richard Wolff spoke about the current economic crisis and its major impacts on our society, and then engaged in an onstage conversation with Anthony Arnove. This event was part of the Lannan In Pursuit of Cultural Freedom series. It occurred on a Tuesday afternoon on September 13, 2011 at the James A. Little Theater in Santa Fe, NM.  

    Richard Wolff, Presentation, 13 September 2011

     

    Richard Wolff in conversation with Anthony Arnove, 13 September 2011

     

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