Creator
Richard D Wolff
Richard D Wolff is professor of economics emeritus at the University of Massachusetts, Amherst.
Economic growth in G7 versus Brics: A reality check
It is imperative that social movements inside both blocs navigate their agenda
Facing up to the damaging and disruptive economic realities of 2022
Economic war rages on as global power dynamics shift.
A deficit spending scam destroyed Liz Truss, UK’s prime minister. Who is next?
UK governments borrow money for deficit spending from corporations and the rich. But the very beneficiaries of the tax cuts Truss proposed were these ‘investors’, who baulked
Behind the ‘economic policy’ façade, it’s class war
Inflation, that ‘problem’ torturing capitalist economies these days, offers us the first example of such policies
It is time to topple the false gods of capitalism
The market is the pillar of capitalist ideology, yet it is just another human institution invented and reinvented periodically across human history
OPINION| China is retooling the capitalist paradigm
The forms of capitalism adopted in the West and in economies such as China are influenced by how early or late those polities were in coming to the game
The role of capitalism in the war in Ukraine
Ukraine, per se, is not the issue. It is tragically a war-ravaged pawn in a much larger conflict: the decline of one capitalist empire and the rise of yet another.
The American political process is disconnected from economic reality
While the Democrats and Republicans use an outdated political playbook, people need protection from the capitalist system itself
US politicians paper over the social problems caused by capitalism
Mainstream American politicians — establishment figures in both major parties — apply the denial and displacement mantra to many problems, especially inflation
How racism is an essential capitalist tool
In the United States, the African American minority is capitalism’s ‘business cycle shock-absorber’