Watch as Professor Richard Wolff breaks down the root causes of today's economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown.
RT TV's Abby Martin interviews Professor Richard Wolff about the recent district court ruling on Detroit's bankruptcy and how it could affect the pensions of thousands of city workers.
A talk delivered at the Joseph S. Murphy Institute for Worker Education and Labor Studies, City University of New York
Professor Rick Wolff explains why growth has become a focus of our modern political system. He describes how inequality is created by the way our enterprises are organized.
Updates on major economic events in the news over the last month. Major attention is devoted to the following:The federal government’s austerity policy, compromises with the Republicans over social security, medicare, Obamacare, etc. The state and local governments’ austerity policies (summary of a major new report on state and local cutbacks) How and why changes in federal, state and local taxes could remove the need for austerity and achieve tax justice.
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Steve Lambert's artwork allows the public to engage in a conversation about Capitalism and its strengths and weaknesses. Professor Wolff and Dr. Harriet Fraad participate in the discussion.
RT TV interview about how governing by crisis and brinkmanship is having a negative effect on the US economy.
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Professor Wolff join Andrew Schmertz at Arise Xchange to discuss the economic impact of the government shutdown.
The Cambell Public Affairs Institute hosted Professor Wolff as part of its annual State of Democracy Lecture Series. Professor Wolff discussed Economic Democracy in the face of the current Economic Crisis.