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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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...
Trump threatens to cut US aid to Argentina if Milei loses election
US president says ‘we will not be generous’ if leader fails to win key midterms after promising $20bn to prop up struggling economy
www.theguardian.com
#WolffBites: Leaders who buy elections abroad usually learned to do so at home. So Trump tries to buy the election outcome he wants in Argentina's election.
www.theguardian.com/us-news/2025...
www.theguardian.com/us-news/2025...
US strikes another vessel off Venezuela coast, killing six
President Trump said the vessel belonged to "narcoterrorists" and that it was "trafficking narcotics." US officials have not provided evidence to this claim.
www.bbc.com
#WolffBites: Executing people without trial, jury, judge or lawyers for an alleged drug-trafficking crime (NOT punished by execution in the US for a long time). Were the dead Venezuelans? Others? Does it matter? Did anyone check? Will US citizens be next?
www.bbc.com/news/article...
www.bbc.com/news/article...
Urgent calls for debt relief as study shows health and education cuts in developing world
Influential economists want replenishment of funds and new ways to define countries in need before this week’s IMF and World Bank meetings
www.theguardian.com
#WolffBites: Capitalism's decline inside rich nations is matched by gross international failures to end poor nations' underdevelopment. Unspeakable utterly unnecessary suffering while capitalist billionaires amass still more rather than use it humanely.
www.theguardian.com/business/202...
www.theguardian.com/business/202...
Trump tariffs: Swiss companies target alternative export markets
Swiss exporters are looking at new markets after being hit by heavy US tariffs.
www.bbc.com
Trump's tariffs turn Switzerland away from trade with the US. So US further isolated. Tariffs also raise prices of Swiss medical devices for US customers. Similar stories in many nations. Trump's tariffs cost the US economy bigtime.
www.bbc.com/news/article...
www.bbc.com/news/article...
Axios Closer - 1 big thing: Premiums take flight
www.axios.com
#WolffBites: US capitalism's decline further expands the wealth gap. 10% "haves" vs 90% "have much less"... "Premium" (pricier) seats bring profit gains to big old airlines, but cheaper seats and cheaper planes have fewer customers so their profits fall.
www.axios.com/newsletters/...
www.axios.com/newsletters/...
Nigel Farage accuses teachers of ‘poisoning our kids’ on race issues
Exclusive: Reform UK leader’s remarks at event for private US college criticised as ‘grossly irresponsible’ by NEU leader
www.theguardian.com
Using red-baiting to attack teachers' unions, UK's Trump-light Farage revives worst of McCarthyism in speech to Michigan "Christian" school. Another declining capitalism desperately demonizes the "left" and "unions" and "Marxism."
www.theguardian.com/politics/202...
www.theguardian.com/politics/202...
Trends in electric car markets – Global EV Outlook 2025 – Analysis - IEA
Global EV Outlook 2025 - Analysis and key findings. A report by the International Energy Agency.
www.iea.org
#WolffBites: China leads the world in production and use of electric cars. It is far ahead of the US and EU, with the gap between them and China widening.
www.iea.org/reports/glob...
www.iea.org/reports/glob...
Wolff Responds: "Communism, Socialism & How They Differ." Dated October 8, 2025
YouTube video by RichardDWolff
www.youtube.com
Wolff Responds: "Communism, Socialism & How They Differ." Dated October 8, 2025
www.youtube.com/watch?v=IMn7...
www.youtube.com/watch?v=IMn7...
US liquor exports fall by 85% in Canada after Trump sparks tariff dispute
Spirit exports were down 9 percent in the second quarter of 2025, compared to the previous year
www.independent.co.uk
US liquor exports to Canada drop 85% in 2025. Trump never grasped how a declining US empire and economy cannot impose tariffs on the world without all sorts of very costly retaliation.
www.independent.co.uk/news/world/a...
www.independent.co.uk/news/world/a...
#WolffBites: Desperate British Conservative Party leader Badenoch out-trumps Trump: scapegoats immigrants to distract from UK's disastrous economy and total decline of the Conservative Party since Brexit (that she voted for).
www.instagram.com/reel/DPa0tQy...
www.instagram.com/reel/DPa0tQy...