Economic Update: Injustice, Race and Class

Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives – those of our children, those looming ahead of all of us. I’m your host, Richard Wolff. I want to start today by telling you three little short stories about corporate Continue Reading

The Middle Class Is A Lie │ Means TV

When people today think of class in the United States, they typically envision a division based on income levels. Lower class, middle class and upper class. However this analysis is largely incorrect. Class is actually determined by a person’s relationship to, or ownership of, the means of production. The means Continue Reading

Fingers to the Bone: Child Farmworkers in the United States

We like to think of agriculture as good, clean, outside work. Something healthy and wholesome and outdoors and kids working for their families farms and helping out when they can. Reality is today farm work is something completely different. I started working when I was 11 years old. It feels Continue Reading

Richard Wolff on Corporate Debt and Warnings From the IMF

Let me turn then to a remarkable story about modern capitalism that sort of illustrates the idea that the problems it has force solutions which then create more problems. Let me give you the example that is urgent now. You all know that we had a crash of global capitalism Continue Reading

Richard Wolff on recent Nobel Winners in Economics

The Nobel Committee in Sweden issued the Nobel Prize in Economics to three economists who are specialists in having come up with interesting little ways (they call them incremental solutions) to poverty, particularly in Kenya in East Africa and in India. I take nothing away from these economists. They’re working Continue Reading

Anti-Capitalist Chronicles: Alienation – Part 2

This is David Harvey, and you’re listening to the Anti-Capitalist Chronicles, a podcast that looks at capitalism through a Marxist lens. This podcast is made possible by Democracy at Work. So last week I was talking about alienation in the labor process, and the extension of that alienation given contemporary Continue Reading

Economic Update: Corporate Capitalism in Decline [CLIP]

[WOLFF] Where in the broader picture, of what you see going on in the United States and beyond, is the problem of the economic system? What we talk about on this program? I thought my viewers and listeners would enjoy how it looks from another perspective. From yours, you have Continue Reading

Class Analysis: Pilot

Thanks for tuning in. You’re listening to our first episode of Class Analysis, a podcast where we’re going to be discussing what it means to be a student living through this very strange and interesting moment in our economy’s performance. Unpaid internships, student debt, inequality, and a growing population of Continue Reading

Doha Debates: Capitalism

– [Announcer] Dear World we need to talk. Welcome to Qatar. And welcome to Doha Debates. Where we are searching for solutions to global challenges. (intense music) (crowds protesting) – We have to rethink the wild beast that is capitalism. (techno music) – All you can talk about is the Continue Reading

Capitalism: Doha Debates Asks

Stuff. Oh god, I’m not gonna say “trickle down.” A lot of innovation is derived through capitalism, especially technological innovation. The positive effects of capitalism is that poverty has massively reduced over the last 30 years and the trends in terms of people’s quality of life and access to living Continue Reading