Economic Theory
KRCL Radio Interview
Published on March 8, 2011AUDIORichard Wolff makes an appearance on KRCL 90.9 FM Radio to speak about who is to blame for the economic crisis and the response.
KRCL: RadioActive! March 8 Capitalism Hits the Fan (2011-03-08)
Prospects for the U.S. Left: Not Bad At All
Prospects for the Left in the United States are far better than they seem to most observers across the political spectrum (excepting those who fantasize imminent revolutionary uprisings spear-headed by 79-year-old sociology professors). The economic crisis has bitten hard and deep. Millions of people have been impacted by high unemployment and home foreclosures, by decreased job benefits and job security, and by the realization that none of these afflictions will end soon. A sense of betrayal is settling into the popular consciousness.
Failed Fiscal Policies in Greece and Ireland
Published on February 24, 2011AUDIOInterview with Athens, Greece based journalist Helen Skopis that aired on the Athens International Radio 104.1FM
Corporations to Government: Give Us More, Tax Us Less
Nothing better shows corporate control over the government than Washington's basic response to the current economic crisis. First we had "the rescue" and then "the recovery." Trillions in public money flowed to the biggest US banks, insurance companies, etc. That "bailed" them out (suggestion of criminality?) while we waited for benefits to "trickle down" to the rest of us. As usual, the "trickle down" part has not happened.
Building A Powerful Left In The United States series on KPFK
Published on February 17, 2011AUDIOBuilding a Powerful Left in the United States" is a special radio series focusing on the questions: How can a powerful left-wing political movement take shape in the United States? What policies and programs would such a “left” promote? How would it articulate and spread its message, so that it gains a critical mass of support across the US population? And how do we build such a movement? Hear prominent authors, intellectuals, and activists in conversation around the big questions for our times.
February 2011 Monthly Update on Capitalism
Published on February 16, 2011VIDEOThese Tuesday evenings 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 focus on the evolving global capitalist economic crisis and its consequences. Topics examined include
The revenge of trickle-down economics
Differences between Democrats and Republicans on the deficit are cosmetic. Both are committed to a broken, corrupt systemPublished on February 15, 2011Appeared in the Guardian "Comment is Free" on February 14th, 2011
President Obama's basic budget for fiscal 2012 is mostly a done deal, supported by the entire political establishment. The hyped choreography of forthcoming battles between Democrats and Republicans is a very secondary sideshow. The battles clothe basic agreement in a disguise of fierce oppositions – perhaps aimed to mollify each party's none-too-discerning militants.
The Myth of Economic Recovery on Redeye Radio
Published on February 10, 2011AUDIOProfessor Richard D. Wolff appeared on Redeye: Vancouver Cooperative Radio to discuss the myth of the economic recovery.
January 2011 Monthly Update on Capitalism
Published on February 8, 2011VIDEOThese Tuesday evenings 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 focus on the evolving global capitalist economic crisis and its consequences. Topics examined include
"US cities face financial collapse" on Russia TV
Published on February 4, 2011VIDEOOverdrawn US cities could face financial collapse in 2011, defaulting on hundreds of billions of dollars of borrowings and derailing the US economic recovery.
But as cities are choosing between devastation and default, analysts say really it’s about the fall of American cities and the coming collapse of the Union.
It’s the reality America cannot escape, news of debt cash-strapped cities and states all over the country. All together it could amount to two trillion dollars and a bill many of them may not be able to pay.
