Z Needs Your Help!
Ratcheting up demonizations of China seems a poor and likely counterproductive response
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.
Today’s declining U.S. capitalism can no longer repeat its previous bland celebrations of private enterprises and free markets
The debate over the minimum wage has been lopsided for a very long time
Raising the minimum wage can and should be one basis for a mutually beneficial alliance between wage workers and small businesses
Deepening U.S. inequality flows directly from this capitalist organization of production—its class system
For both Republican and Democratic establishments, political strategies are similar. Each endorses, privileges, and supports private capitalism
Today’s crisis-ridden capitalist economy is more dependent on credit than at any time in the system’s history
The government mostly does what its constituents with money and power make it do
The effects of Covid are much greater for the poor and even the middle class than the rich. This is not a biological phenomena, but an economic one
Crisis will cut deeper and last longer than many predict