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Occupy Wall Street has already weathered the usual early storms. The kept media ignored the protest, but that failed to end it. The…
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.
Republicans and conservatives have done us a service by describing federal policies in terms of "class war." But by applying the term…
Last week, Democratic Governors in New York and Connecticut repeated the austerity politics of Greece's Prime Minister Papandreou and Portugal's Socrates. In…
Standard and Poor's downgrades US debt, stock markets gyrate around the world, Sarkozy and Merkel perform yet another empty summit, the Chinese…
The President, Senators, Congresspersons, media representatives, and many ordinary people speak often, these days, about Washington "learning to live within our means." …
The political posturing around the debt ceiling "crisis" was mostly a distraction from the hard issues. The hardest of those — underlying…
JUAN GONZALEZ: After weeks of infighting, Republicans have agreed to vote on a budget plan they say will cut the deficit $917 billion over…
Throughout its history, capitalism never succeeded in preventing recurring economic cycles or crises. However, they were usually contained within the system. Economic…
The double dip of this crisis is upon us. The latest data agree: the housing market has been in full double-dip mode…
The current capitalist global crisis began with the severe contraction in the housing markets in mid-2007. Therefore welcome to Year Five. This…