Artificial Intelligence (AI) presents a profit opportunity for capitalists, but it presents a crucial choice for the working class. Because the working…
Richard D. Wolff
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City.
Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.
Prof Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update.
On the one hand, U.S. policy aims to constrain China’s economic, political, and military development because it has now become the United…
Early U.S. capitalism was centered in New England. After some time, the pursuit of profit led many capitalists to leave that area…
The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the…
Yet markets are just one among many social means of rationing. Anything scarce relative to demand for it raises the same question:…
Future historians will likely look back at the debt ceiling rituals being reenacted these days with a frustrated shaking of their heads.…
At the end of July, an economic adviser working for Bank of America wrote a memo that got leaked. It made bluntly explicit the…
“Market mechanisms” and “market solutions”: politicians, bureaucrats, media pundits, and academics like to refer to them as if they were somehow politically…
AMY GOODMAN: This is Democracy Now!, democracynow.org, The War and Peace Report. I’m Amy Goodman, with Juan González. This week, the United States is facing what Politico calls…
As we reflect on our just-completed July 4 celebrations, Amazon’s Prime Day approaches; it’s actually two days, July 12 and 13. Amazon…
