Professor Richard D. Wolff
@profwolff.bsky.social
Professor of Economics Emeritus University of Massachusetts
Founder/Director Democracy At Work
#WeCanDoBetterThanCapitalism
Follow: https://bsky.app/profile/democracyatwork.bsky.social
website: www.RDWolff.com
website: www.DemocracyAtWork.info ..
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Professor of Economics Emeritus University of Massachusetts
Founder/Director Democracy At Work
#WeCanDoBetterThanCapitalism
Follow: https://bsky.app/profile/democracyatwork.bsky.social
website: www.RDWolff.com
website: www.DemocracyAtWork.info
Richard David Wolff is an American Marxian economist known for his work on economic methodology and class analysis. He is a professor emeritus of economics at the University of Massachusetts Amherst and a visiting professor in the graduate program in international affairs at The New School. Wolff has also taught economics at Yale University, City College of New York, University of Utah, Paris 1 Panthéon-Sorbonne University, and The Brecht Forum in New York City. .. more
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The kids aren't alright – Economic health of Gen Z
Unemployment is rising and wage growth is declining for young adults, which could have a long-term scarring impact.
www.oxfordeconomics.com
#WolffBites: Gen Z (born from 1997 to 2012) suffer heavy economic distress. American dream unattainable. US capitalism hugely disappointing. Oxford economics presents the economic statistics proving it.
www.oxfordeconomics.com/resource/the...
www.oxfordeconomics.com/resource/the...
Belgian airports warn of 'major disruption' amid nationwide strikes
Three days of industrial action planned by unions in Belgium are set to affect public services and transport across the country.
www.bbc.com
#WolffBites: Belgium shows what's coming to us in "the West:" gov't austerity to satisfy nation's creditors = cuts in social welfare. These lead to union strikes then to general strike. How "decllne of the west" plays out.
www.bbc.com/news/article...
www.bbc.com/news/article...
Wolff Response: "The National Debt Disaster" dated November 19, 2025
YouTube video by RichardDWolff
www.youtube.com
Wolff Response: "The National Debt Disaster" dated November 19, 2025
www.youtube.com/watch?v=g5Z3...
www.youtube.com/watch?v=g5Z3...
Reposted by Phillip Baker
Ultra-processed food is global health threat, experts warn
It is increasing our risk of a range of chronic diseases, including obesity and depression, a major review says.
www.bbc.com
#WolffBites: Ultra-processed foods are very profitable so they get produced and increasingly eaten despite serious dangers to our health. Another contradiction between how capitalism works and what people need. The system is the problem.
www.bbc.com/news/article...
www.bbc.com/news/article...
Lowe's stock pops, CEO says Americans will renovate homes instead of moving
Lowe's CEO Marvin Ellison expects home renovations to ramp up in lieu of homeowners taking on new homes because of still-high mortgage rates.
finance.yahoo.com
#WolffBites: Loews CEO predicts rising demand because homeowners can borrow more to renovate their homes. A wobbly US economy living on ballooning credit for decades wiil go further down its debt hole.
finance.yahoo.com/news/lowes-s...
finance.yahoo.com/news/lowes-s...
Food stamps are back, but millions will soon lose benefits permanently
Even though the shutdown is over, the GOP’s signature tax and spending law is poised to kick people off the nation’s largest anti-hunger program.
www.politico.com
#WolffBites: Despite gov't shutdown over, millions of the US poorest will be thrown off of food stamps (SNAP) because of Trump's "big, beautiful" tax bill. SNAP payments now average $6 per day for 42 million people.
www.politico.com/news/2025/11...
www.politico.com/news/2025/11...
How Apollo Turned Americans’ Nest Eggs Into Wall Street’s Hottest Trade
Apollo’s widely copied playbook is shepherding billions to Bermuda affiliates, losing US guarantees
www.bloomberg.com
#WolffBites: US insurance firms and pension funds seek more profits by moving hundreds of $ billions to less-regulated places (Bermuda, etc.), So their safety erodes. In contrast, China invests more in wealth-generating industrial production.
www.bloomberg.com/graphics/202...
www.bloomberg.com/graphics/202...
China’s Deflationary Spiral Hurts Economy Harder Than Official Numbers Suggest
Bloomberg analysis shows deflation on the ground feels more pronounced than official data show, with prices of everyday goods plunging and the share of loss-making companies at a 25-year high.
www.bloomberg.com
#WolffBites: Bloomberg bashes China again. Says its economy in deflation, its gov't lying. Fact: In recent years China's inflation rate kept near zero. Embarrassingly crude China bashing = sign of weakness and desperation.
www.bloomberg.com/graphics/202...
www.bloomberg.com/graphics/202...
US Companies Announce Most October Job Cuts in Over 20 Years
US companies announced the most job cuts for any October in more than two decades as artificial intelligence reshapes industries and cost-cutting accelerates, according to data from outplacement firm ...
www.bloomberg.com
#WolffBite: Good economy? US companies this October announced the largest job cuts in 20 years. No wonder Americans find socialism ever more appealing.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Catherine Connolly sworn in as Ireland’s president on day of pomp and celebration
New president pledges ‘all voices’ will be heard and vows to promote climate action, tolerance and a Gaelic revival
www.theguardian.com
#WolffBites: Zohran Mamdani has a parallel new leader in Caterie Connolly, Ireland's newly elected President. How the political winds are shifting!
www.theguardian.com/world/2025/n...
www.theguardian.com/world/2025/n...
China Consumer Prices Unexpectedly Rise on Holiday Demand
The consumer price index rose 0.2% from a year earlier, after a 0.3% decline in September, according to data released by the National Bureau of Statistics on Sunday. The median forecast of economists...
finance.yahoo.com
#WolffBites: China's inflation from October 2024 to October 2025 was 0.2%. The US inflation over the same time was 3%. Thus US inflation was 15 times worse than Chinese. A repeated difference in recent years.
finance.yahoo.com/news/china-c...
finance.yahoo.com/news/china-c...
#WolffBites: Zohran Mamdani: another American mostly inside his "new country" yet also partly outside so he sees not only how nations differ but also how capitalism and socialism do.
US’s top 10 wealthiest are $700 billion richer under Trump: report
The president’s own personal wealth allegedly grew by $3.4 billion during his two terms in office
www.independent.co.uk
#WolffBites: American capitalism 2025: the already obscenely rich get even richer by shifting income and wealth from the rest of an overcharged and underpaid people. It's how capitalism works.
www.independent.co.uk/news/world/a...
www.independent.co.uk/news/world/a...
Axios AM - 🎓 College students pick socialism over capitalism
www.axios.com
#WolffBites: US poll of college students shows that 67% view socialism as either positive or neutral, while only 40% feel that way about capitalism. Capitalism's performance produces the yearning for something better.
www.axios.com/newsletters/...
www.axios.com/newsletters/...
www.newsnationnow.com
#WolffBites: Mississippi police officers arrested for drug trafficking. No risk of death penalty if convicted. US military executed over 60 people in South American boats over recent weeks, called them "drug traffickers." Trump team cheers.
www.newsnationnow.com/crime/missis...
www.newsnationnow.com/crime/missis...
Who is paying for Trump's tariffs? So far, it's US businesses.
President Donald Trump promised during his recent campaign to impose steep tariffs on other countries, assuring voters that the cost would be paid by foreign sellers, not Americans. In September 2024,...
www.piie.com
#WolffBites: Yes, so far US businesses either pay Trump's tariffs or pass them on in higher prices for consumers. But remember, before his tariffs, Trump extended earlier tax cuts for corporations and the rich plus added new ones. US consumers got no offsetting tax cuts.
www.piie.com/blogs/realti...
www.piie.com/blogs/realti...
US kills 14 in strikes on four alleged drug boats
Mexico's navy is searching for the sole survivor of the latest attack on boats the US says were carrying drugs in both the Pacific and Caribbean.
www.bbc.com
#WolffBites: 57 people killed in boats on open seas in recent months. US Chief Executive has taken on the extra job of Chief Executioner. No evidence, lawyers, juries, or judges....just straight to execution.
www.bbc.com/news/article...
www.bbc.com/news/article...
AI’s Grand Circus
We inflate markets, deflate possibility, and call it progress.
open.substack.com
AI’s Grand Circus:
We inflate markets, deflate possibility, and call it progress. open.substack.com/pub/democrac... via @democracyatwork.bsky.social
We inflate markets, deflate possibility, and call it progress. open.substack.com/pub/democrac... via @democracyatwork.bsky.social
The Peril of a White House That Flaunts Its Indifference to the Law
www.nytimes.com
#WolffBites: A president stretches the law to enhance powers that include killing. It is a desperate gesture trying to offset the decline of the empire and its "rules-based international order." All previous empires declined despite such gestures.
www.nytimes.com/2025/10/24/u...
www.nytimes.com/2025/10/24/u...
Reposted by Richard D. Wolff
Check out this upcoming reading group "Popular #Cultures and Antifascist Care" on Jack Z. Bratich's recent book "On #Microfascism: #Gender, #War, and Death" from
@commonnotions.bsky.social
register here: radicalimagination.info/Popular-Cult...
@commonnotions.bsky.social
register here: radicalimagination.info/Popular-Cult...
Catherine Connolly for President of Ireland
Catherine Connolly will be an Independent President, a voice for peace and defending the welfare of the people and
www.catherineconnollyforpresident.ie
#WolffBites: Zohran Mamdani is not the only socialist now contesting for a major job (Mayor of New York). Catherine Connolly is another; she is contesting to become the next President of Ireland. Political winds are changing, big time.
www.catherineconnollyforpresident.ie
www.catherineconnollyforpresident.ie
Whither Food in the Twenty-First Century? | naked capitalism
A food system that produces ultra-processed foods for the masses at great profit for Big Food and ill-health for the masses is a catastrophe
www.nakedcapitalism.com
#WolffBites: The global food system on which we all depend is bad for us but good for profits. That's why we have it. You know, like the whole capitalist system.
www.nakedcapitalism.com/2025/10/whit...
www.nakedcapitalism.com/2025/10/whit...
Trump’s tariffs are brewing trouble for local coffee roasters | CNN Business
Coffee beans may grow on trees, but the key ingredient to a morning brew isn’t found so easily in the United States.
www.cnn.com
#WolffBites: Imports = 99% of US coffee consumption; 31% from Brazil. Trump's 50% tariff on Brazil is paid by US coffee importers. They in turn raised US coffee prices by 21% since August 2024: 7 times the general inflation rate.
www.cnn.com/2025/10/19/b...
www.cnn.com/2025/10/19/b...
Shein warns on Trump tariff uncertainty after profits slip
Fast-fashion retailer records 20% growth in sales and fees to $37bn but big hit is expected from US changes to import tax rules
www.theguardian.com
#WolffBites: Yet another global company blames its economic woes on Trump's tariffs and the market uncertainties they bring. Growing global pattern of blaming/isolating Trump's US.
www.theguardian.com/business/202...
www.theguardian.com/business/202...
States are cutting Medicaid provider payments long before Trump cuts hit
North Carolina and Idaho have cut their Medicaid programs to bridge budget gaps, raising fears that providers will stop taking patients and that hospitals will close even before the brunt of a new fed...
www.npr.org
#WolffBites: The Billionaire class's capitalism is already cutting back Medicaid for the poor in several states cut their budgets even before Trump's federal cuts kick in. All part of MAGA.
www.npr.org/2025/10/05/n...
www.npr.org/2025/10/05/n...
FAQ: Why America just bailed out Argentina with a $20 billion lifeline | CNN Business
The Trump administration is bailing out Argentina in a move critics are saying has more to do with politics than economics or American interests.
www.cnn.com
#WolffBites: Trump uses our taxes ($20 billion) to bailout extreme right-wing leader Milei in Argentina. Milei cuts taxes on Argentina's rich and corporations and cuts gov't programs for average Argentinians (like Trump in US).
www.cnn.com/2025/10/12/e...
www.cnn.com/2025/10/12/e...
Wolff Responds: "Socialist Candidates" Dated October 15, 2025
YouTube video by RichardDWolff
www.youtube.com
Wolff Responds: "Socialist Candidates" Dated October 15, 2025
www.youtube.com/watch?v=K2VF...
www.youtube.com/watch?v=K2VF...