Richard Wolff on Regulatory Capture

I want to begin today with a problem of the American capitalist system. It is the capture by business of the government agencies that are supposed to regulate them. The term in economics is called “regulatory capture,” when an industry or an enterprise that’s supposed to be supervised and controlled Continue Reading

Richard Wolff and Lee Carter on what’s it’s like to be an elected socialist in American government

[CARTER] Well, you know I am the only socialist elected to the Virginia General Assembly. The chamber I’m in has a Republican majority. Tt’s the narrowest of Republican majorities. It’s a 51/49 chamber. But what I found is that my name is a party line issue. You know, every every Continue Reading

Anti-Capitalist Chronicles: Alienation – Part 1

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 for this week’s topic I want to take up the question of alienation. Now alienation is a concept that Continue Reading

Richard Wolff on the Auto Industry

Let me turn now to the automobile industry, a topic we return to often because so much of the last century of American history has been shaped around the private automobile. Let’s begin this way: the private car is the largest single cause of air pollution in our society. What Continue Reading

Economic Update: A Growing US Left [Trailer]

[WOLFF] The car companies used their profits early in the 40s and 50s to get rid of Street Railways. Even more efficient, it would be, to have public transportation. But we would have to defeat the profit-driven private car companies beyond what we have done so far. [BROOKS] There’s so Continue Reading

Richard Wolff and Michael Brooks on the growing audience of left media and international news

[BROOKS] You know, anecdotally, so many people just tell me if I interact with the audience through social media, or they call the show, or I meet them at these live shows we do, there’s so many narratives that either go back to 2008 that that crisis hit them and Continue Reading

Economic Update: Virginia Elects a Socialist [Trailer]

It pays to spend billions because the rate of return on those billions, if you get your friendly politician into office, must be very high, to risk all of that you must get a really good return, which they do. He decided towards the tail end of the campaign that Continue Reading

Heart of Capitalism: Harvey Weinstein

This is Harriet Fraad talking about the Heart of Capitalism. Today I’m going to address the heart of capitalism and Harvey Weinstein. Harvey Weinstein is a wonderful illustration of what’s at the heart of the matter here. It’s a confluence of gender, capitalist power, and the uses of money in Continue Reading

Capitalism Hits Home: Revelations, Cover-ups: Round Up of the Epstein Case – Part 1

Hello, this is Dr. Harriet Fraad on Capitalism Hits Home, an interpersonal update. This is a show about the intersection of capitalism, class, and our personal lives. This is my third podcast on Jeffrey Epstein, and my final one, I would imagine. I should emphasize to you that everything that Continue Reading

Economic Update: Capitalism in Denial

[music] Welcome, friends, to another edition of Economic Update, a weekly program that you’re quite familiar with by now, and you’re also familiar with me. I’m your host, Richard Wolff. I want to talk today in the beginning of our program about two parallel economic developments, one in the United Continue Reading