Global Capitalism: Live Economic Update is a series of live lectures by Richard D. Wolff in New York City. Programs begin with 45 minutes of updates on recent events, then a Q&A session with the live audience. We hope to develop all participants’ understanding and ability to explain current economic events and trends to others.
In this every-other-month presentation, Professor Wolff explains how the events unfolding between Europe and Russia look increasingly like soft warfare. He presents several key points as evidence for this reality, including the role of the war in Ukraine, class conflict in both Europe and Russia, and the growing enemization between the two driven by rising nationalism across much of both regions. He ends the discussion by looking at what new world order might emerge from an escalated war between Europe and Russia.
In this every-other-month presentation, Professor Wolff presents insights and analysis on the decline of the capitalist system as evident in four key periods of U.S. history. From The Legacy of World War 2 from 1945-1974, to the petrodollar boom from 1974 to 2026, the rise of the global south since 1945, and China's relentless rise from 1945 to the present, Professor Wolff shows how these examples are evidence enough that it is time to do better than capitalism. The lecture ends with an overview of the possibilities for a future in which socialism is a viable replacement for the declining capitalism plaguing the world today.
Presented by Democracy at Work and the Left Forum
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Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
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Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
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In this every-other-month presentation, Professor Wolff presents insights and analysis on six key topics leading up to, and lasting beyond, the current war on Iran; including: the history of U.S. military involvement in Korea, Vietnam, Afghanistan, and Iraq, the economic trends throughout U.S. history that lead up to war, the role of oil and natural gas as an excuse for conflict, the relevance and importance of the Straight of Hormuz, the reality of the U.S. empire's decline and Israel's gamble, and the prospects and consequences of renewed global conflict.
Presented by Democracy at Work and the Left Forum
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
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Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
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In this presentation, Professor Wolff discusses how the first two world wars brought an end to the British, German, and Japanese empires, and how a third would likely bring down the American empire. Specific topics include:
Presented by Democracy at Work and the Left Forum
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
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In our capitalist economy, employers pay wages and set prices that together determine whether a decent life is affordable. Employers' goal is to maximize their profit. But employees – the vast majority of us – have different goals. One of them is basic affordability. In this presentation of Global Capitalism, Professor Wolff discusses the factors at play in determining our cost of living, and ways we can and should get involved in affecting them.
Presented by Democracy at Work and the Left Forum
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Follow us on X (formally known as Twitter) at:
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We are thrilled to share the replay of Democracy at Work and The Left Forum's special live, in-person Global Capitalism event, held last Wednesday at Women Building Up (WBU). Professor Wolff gave a special "May Day" Global Capitalism Lecture on the impact of President Trump’s economic policies and how they are ultimately an attack on working people
We would like to thank Susan Shah, Kim Westcott and all the remarkable people at Women Building Up for hosting Democracy At Work and The Left Forum.
Presented by Democracy at Work and the Left Forum
Presented by Democracy at Work and the Left Forum
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
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Professor Wolff will present four key points that reveal the emergence of a new Cold War the U.S. has embarked upon in response to the rise of global alliances from which it is being excluded and that challenge the near century-old American economic dominance.
I. The Old Cold War Targeted Communism in the West and the USSR as its Source II. The New Cold War Targets China and the BRICS III. Trump/Musk Target the US Working Class and its Allies IV. Europe’s Decline Deepens
Presented by Democracy at Work and the Left Forum
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Follow us on X (formally known as Twitter) at:
@ProfRDWolff
@DemocracyAtWrk
We are thrilled to share the replay of Democracy at Work and The Left Forum's special live, in-person Global Capitalism event, held this past Saturday at Women Building Up (WBU). Professor Wolff gave his thoughts and analysis on what the new Trump Presidency means and how we may react.
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Follow us on X (formally known as Twitter) at:
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The U.S. Election and Trump 2.0 in Historical Perspective
Topics Include:
Co-sponsored by Democracy at Work and Left Forum
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Follow us on X (formally known as Twitter) at:
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@DemocracyAtWrk
West in Turmoil 2024: Big Elections, Big Social Changes
Topics Include:
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Co-Sponsored by The Left Forum
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate
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The Decline of the US Empire
Topics:
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Co-Sponsored by The Left Forum
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate
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A Marxist Critique of Capitalism for 2024 - Core Issues: Labor, Surplus, Exploitation - Inequality and Injustice - Instability: Cycles and Crises - Alternatives to Capitalism Co-sponsored by Democracy at Work and Left Forum Special messages to our audience: Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work.
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Co-Sponsored by The Left Forum
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate
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Today we offer a very special Global Capitalism special in honor of “May Day” Today's May Day Special, a collaborative effort with long-time contributor Charles Fabian, opens with the major causes for why May Day 2024 is so special. These include the fact that the great crash of global capitalism in 2008-2009 shook the world in ways that include shocking a declining US labor movement back to life and growth.
We saw that in 2011 when the Occupy Wall Street movement shook the US and beyond again. Then the "Fight for $15" swept across low-wage America as it still does. Then a socialist named Bernie Sanders rose to prominence and changed how millions of Americans viewed the economy and could see the need to vote for a direct challenge to capitalism. Nor did the pandemic slow down the growth of an anti-capitalist left that shows up these days as a 70% approval rating for unions in the Gallup poll and for hugely successful unionization drives in low-wage areas like Amazon and Starbucks, in auto plants in the US south, in militant new union leaderships elected in the Teamsters and the UAW. May Day - the international celebration of the working class - has much to cheer for in 2024. And the international context is special too. The US-led, formerly dominant G7 no longer presides over world capitalism unchallenged. The BRICS - China and its allies - are a new alternative leadership of the world economy with a much more ambiguous relationship to capitalism. May Day 2024 welcomes nothing less than a new world economy and one far more favorable to working-class struggles than we have seen in years.
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Co-Sponsored by The Left Forum
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate
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February's Lecture Outline: Europe 2024: Disunity, Decline, Despair * Ukraine + Sanctions = European De-industrialization * Fascism’s Resurgence/Immigration * Caught Between: China Up, US Down * Euro-farmers’ Protest: Europe’s Future * UK: Conservative and Labor Collapses
Co-sponsored by Democracy at Work and Left Forum
Thank you for being an integral part of our community. Your engagement and support fuel our mission to foster critical discussions and insights. Together, we're building a more informed, equitable, and united world. Stay connected, and let's continue this journey towards understanding and change.
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on X (Twitter) and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Co-Sponsored by The Left Forum
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate
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Democracy at Work in conjunction with The Left Forum Presents:
Global Capitalism Live Economic Update with Professor Richard D. Wolff
Socialism in Today’s World: the 4 Kinds
3 Kinds of State Role in Economy
1 Kind of Workplace Revolution
Saving Capitalism from Itself
Socialism, Fascism and Capitalism’s Decline
Co-sponsored by Democracy at Work and Left Forum
Special messages to our audience:
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate).
Follow Democracy at Work on Twitter, Facebook, Instagram and YouTube.
Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork )
Your support helps to produce and distribute these talks. Thank you.
Co-Sponsored by The Left Forum
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate
Follow us on X (formally known as Twitter) at:
@ProfRDWolff
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Democracy at Work in conjunction with The Left Forum Presents:
Global Capitalism Live Economic Update with Professor Richard D. Wolff
Presentation Topic: A Resurgent U.S. Labor Movement
Updates will include analyses of:
Starbucks, Doctors, Autoworkers, etc.
Why Labor Resurgence Now?
Labor’s Goals and Tactics
Alliances with Political Parties
Between Capitalism and Socialism
Co-Sponsored by The Left Forum
Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more www.democracyatwork.info/donate
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Capitalism Turns to the Authoritarian State
· Why Private Capitalism Makes That Turn
· Why State Capitalism Makes That Turn
· Will the Authoritarian State Save or End Capitalism? (United States vs. China)
· Socialism and the Authoritarian State.
Co-sponsored by Democracy at Work and Left Forum
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Our four Democracy at Workbooks, three written by Richard Wolff (Understanding Marxism, Understanding Socialism and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) and our latest by Robert Hennelly (Stuck Nation:
Can the United States change course on our history of choosing profits over people?) are for sale.
Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork ).
Your support helps to produce and distribute these talks. Thank you.
In this month's Global Capitalism lecture, Prof. Wolff discusses the following topics:
*Global Capitalism is produced by @democracyatwrk
In this lecture, Prof. Wolff will discuss the following:
In this lecture, Prof. Wolff will discuss the following:
In this lecture, Prof. Wolff will discuss the following:
In this lecture, Prof. Wolff will discuss the following:
In this lecture, Prof. Wolff will discuss the following: 1. Global economic splits: US/UK/Japan/Australia vs BRICS+ 2. US political splits: inflation, interest rates, recession, stock market crash, deepening inequality, Democratic Party self destruction 3. Cultural splits: abortion, Miranda, church-state
In this lecture, Prof. Wolff will discuss the following: 1. Rising US labor militancy: Amazon to Grinnell College 2. Housing and stock market: bubbles and bursts 3. French left unity: a model for the world? 4. McConnell, GOP serve lenders, crush students with debt
In this lecture, Prof. Wolff will discuss the following:
In this lecture, Prof. Wolff will discuss the following:
In this lecture, Prof. Wolff will discuss the following:
In this lecture, Prof. Wolff will discuss the following:
In this month's lecture, Prof. Wolff will discuss the following:
In this month's lecture, Prof. Wolff will discuss the following:
In connection with Prof. Wolff’s discussion of the main topic above, he will also give short updates on: who lost what; who gained what; where is the US economy headed now; and lastly, political fallout: revisiting the January 6 DC assault
Professor Wolff will also give short updates on: the US military intervention in elections; a major political breakthrough in Argentina led by women; the economics of advertising; Trump’s political crash and lastly, Biden’s Economic “Team.”
This is a special post-election Global Capitalism featuring comments from guests Lee Camp, Lee Carter, Laura Flanders, Jessica Gordon-Nembhard, Nomi Prins, and Yanis Varoufakis.
Prof. Wolff presents the following topics: the failures mount: failed preparation for COVID-19; failed containment of COVID-19; failed preparation for 2020 capitalist crash; failed containment of crash’s social effects; failed scapegoating. The social problems explode: systemic racism; State and local budget collapse; unaffordable housing and eviction.
Topics: mass unemployment undercuts US capitalism; Trump vs Biden: neither are solutions, the choice is a symptom of system decline; what old socialist responses to today’s crisis would be; what new socialist solutions to today’s crisis could be. Wolff also covers: why US capitalism has needed racism, and and how it has used it; why US current protests against racism and police violence are so strong.
Prof. Wolff talks about the protests sweeping across the US incited by yet another brutal killing of a Black American, George Floyd. He argues that the capitalist system, with its endless drive for profits over people, is the true culprit and failing Americans. The levels of inequality, massive unemployments, and injustices are symptomatic of a system that is in deep trouble. Divide and conquer, or class war is the tactic capitalists are using to distract Americans from uniting against the common enemy: capitalism.
Topics: why capitalist enterprises & governments failed to prepare for Corona; private unemployment vs gov’t re-employment; pandemic policies worsen inequality, instability of capitalism; how to do better than capitalism during Corona. In connection with Wolff’s discussion of the main topic above, he covers the following issues: Bubonic plague/feudalism dies; Corona virus/capitalism dies; the pandemic and worker cooperative enterprises.
In connection with Wolff’s discussion of the main topic above, he will also cover the following issues:
In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the January 08, 2020, event:
In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the November 13, 2019, event:
- Current wealth tax proposals by Bernie Sanders, Elizabeth Warren
- How US already taxes wealth (of some, not others}
- How other countries tax wealth
- How US enables/allows wealth to escape taxes
- Redistributing wealth: pros and cons- The protest movements in Chile, Lebanon and beyond and how they differ from those in Hong Kong
- The overdue critique of “libertarian” capitalism
In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the July 10th, 2019, event:
In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the July 10th, 2019, event:
In connection with Wolff’s discussion of the main topic, he will also cover the following issues at the May 8, 2019, event:
These programs begin with 30 minutes of short updates on important economic events of the last month, then Prof. Wolff analyzes several major economic issues. For March 2019, these issues will include:
In connection with Wolff’s discussion of the main topic, he will also cover the following issues at the January 9, 2019, event:
In connection with the main topic above, Prof. Wolff discusses: 1. Is another crash coming? 2. The economic and political lessons from young US socialists winning elections 3. The main, different meanings of “socialism” these days.
Economic Nationalism: How Capitalism Tries to Cope With Extreme Inequality
As global capitalism changes, each country tries to grab gains from and shift losses onto others: nationalist hostility becomes the new “spirit of the age” (Brexit, Trump, demonization of immigrants and foreigners, etc.). In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the September 2018, event: Emerging market crises (Venezuela, Turkey, Argentina, Indonesia, etc.) Modern Monetary Theory, how banks create money, and the meaning of today’s record levels of government, corporate and personal debts.
These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For July 2018, these issues will include: :
These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For May 2018, these issues will include: :
Co-sponsored by Democracy at Work and Judson Memorial Church These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For March 2018, these issues will include:
Co-sponsored by Democracy at Work and Judson Memorial Church These programs begin with 30 minutes of short updates on important economic events of the last month, then Wolff analyzes several major economic issues. For January 2018, these issues will include:
Learn more: http://www.democracyatwork.info/media#gc