Today, Wolff has emerged as one of — if not the number one — most prominent leftist economist in America. In addition to teaching the Big Bad Wolff appears on Free Speech TV, Link TV, Pacifica Radio, does public speaking at the Brecht Forum and other venues, writes books such as Capitalism Hits the Fan, Occupy the Economy and Democracy at Work and has a substantial online presence, arguing there’s a better way to run the economy that’s in the interests of the 99%, instead of the 1%. In this interview, Wolff discusses his vision for changing the capitalist system.
Fundamentally, he poses the question that if America has repeatedly gone to war abroad “to make the world safe for democracy,” isn’t it time that we brought the war home to make the American workplace safe for democracy, too?
Read the interview here.
Meet our April Fan of the Month: Charles Bivona.
Across the history of modern capitalism until recently, three forces often combined to contest for political power as one strategy for basic social change. The three were labor unions, social movements, and, finally, labor, socialist, or democratic parties. The changes they favored often included a transition from capitalism to what they called socialism (usually an economy with more public than private ownership of the means of production and  more central planning than markets as mechanisms for distributing resources and outputs). In practice, what they mostly sought and often achieved was a transition from a largely private, harsh, unstable capitalism to a relatively more state controlled, state-interventionist, mass-welfare-focused capitalism.
Read more of the latest blog entry by Richard Wolff here.
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There’s a lack of genuine democracy in our economy. How do we fix this? Join professor Richard Wolff today at 5pm EST on FireDogLake Book Salon.