By Richard D. Wolff, US capitalism is again careening down blind alleys. Earlier it had crashed into the Great Depression from 1929 to 1933 before lurching into the New Deal. After 1945 it concentrated on rolling back the New Deal until it turned sharply to neoliberalism and “globalism” in the 1970s. That provided the comforting … More The Political Economy of Obama/Trump
Edited by Theodore A. Burczak, Robert F. Garnett Jr., & Richard McIntyre. From Routledge: Knowledge, Class, and Economics: Marxism without Guarantees surveys the “Amherst School” of non-determinist Marxist political economy, 40 years on: its core concepts, intellectual origins, diverse pathways, and enduring tensions. The volume’s 30 original essays reflect the range of perspectives and projects … More New Book: Knowledge, Class and Economics – Marxism without Guarantees
Richard D. Wolff & Michael Hudson examine the concept of “Junk Economics.”
Richard D. Wolff joined Fox Business on July 31st, 2017 to debate with Stuart Varney about socialism, capitalism and taxes.
By Richard D. Wolff People have always chosen among different co-existing economic theories to understand the world and to act within it. Who chooses which theory, consciously or not, shapes world history. Disagreements over Brexit emerged partly from different ways of understanding the British economy and its relation to Europe. Donald Trump’s support grows partly … More Richard D. Wolff on Economic Theorists: The High Priests of Capitalism