TheRealNews on Mar 24, 2020
What relief will American workers get after the government poured $2.2 trillion into banks and businesses? Economist Dr. Jack Rasmus explains why the bailout for workers needs to be as big as the bailout for banks.
The global economic crash that we’ve entered into is going to be more disastrous for capitalism than was the case for the Great Depression. This is because now, the system has no way to stabilize itself amid the widespread impoverishment and loss of profits that will ensue. After the Great Depression, the United States and the other core imperialist countries moved towards welfare statism, neutralizing the class conflict that had been arising amid the crisis. But no such fix will come during this even greater shock to the system.
When the World Health Organization announced on February 24th that it was time to prepare for a global pandemic, the stock market plummeted. Over the following week, the Dow Jones Industrial Average dropped by more than 3,500 points or over 10%. In an attempt to contain the damage, on March 3rd the Federal Reserve slashed the fed funds rate from 1.5% to 1.0%, in their first emergency rate move and biggest one-time cut since the 2008 financial crisis. But rather than reassuring investors, the move fueled another panic sell-off.
with Richard D. Wolff
RT America on Mar 9, 2020
Economist and founder of Democracy at Work Dr. Richard Wolff and broadcasting legend Larry King join Rick Sanchez to weigh in on Wall Street’s terrifying Monday plunge, the worst since 2008. They explain the link between oil exploration and extraction and the debt that fuels it. They also discuss the role of the coronavirus outbreak in the economic crisis and its likely influence on US politics.
RT America on Feb 8, 2020
On the show this week Chris Hedges talks to economist Richard Wolff about his new book Understanding Socialism. Wolff explains how in the socialist dream work is something we should want to engage in, that means something to us, that brings us into relationships with other people that we value, that make us better people as we interact with them, “it’s a transformation of life.”
with Abby Martin
Empire Files on Aug 27, 2019
Abby Martin sits down with renowned Marxist Economist Richard Wolff to discuss the growing popularity of socialism under Trump and its historical roots in America, misconceptions about Russia and China’s economic success and Marx’s theory of alienation and monopoly capitalism.
A century ago, Lenin led the world’s first revolution against capitalism that successfully established a new and different government and society, the USSR. Lenin’s work before, during and shortly after that revolution left a legacy of insights, strategies, and programs. This panel aims to highlight and discuss some of the most pertinent aspects for today of Lenin’s life and work. We intend to include time for audience participation and discussion.
The thing about “Cultural Marxism” – Sontag, CIA, Cold War, Deconstruction
Caleb Maupin on May 9, 2019
Caleb Maupin is a widely acclaimed speaker, writer, journalist, and political analyst. He has traveled extensively in the Middle East and in Latin America. He was involved with the Occupy Wall Street movement from its early planning stages, and has been involved many struggles for social justice. He is an outspoken advocate of international friendship and cooperation, as well 21st Century Socialism.
OpenUnivoftheLeft on June 4, 2018
Left Forum 2018, “W.E.B. DuBois: What His Life and Work Can Teach Us Today“. Left Forum, Democracy at Work, John Jay College, CUNY, 6-1-2018, New York City, NY, Richard Wolff, New School, Democracy at Work, Left Forum, Chris Hedges, C. Jama Adams, John Jay College of Criminal Justice.
Democracy At Work on May 28, 2018
This week on Economic Update, Professor Wolff delivers updates on the decline of U.S. cities and the potential of “private cities”, the ever-growing freelancers’ economy, why the U.S. Supreme Court decided to legalize sports betting now, Fiat-Chrysler & Porsche added to the emissions cheating scandal, the new federal jobs guarantee and a Catholic University attacks the concept of tenure.