Professor Richard D. Wolff
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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 .. more

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

Political science 30%
Sociology 26%
Pinned
Hello friends, I am officially on Blue Sky!!!

#WolffBites: Trump in his own words: "the most anti-war president in history." In fact, Trump bombed 9 nations, more than any other president ever.

www.commondreams.org/news/trump-b...
US Launches Christmas Strikes on Nigeria—the 9th Country Bombed by Trump | Common Dreams
Trump—who calls himself "the most anti-war president in history"—has now bombed more countries than any president in history.
www.commondreams.org

World trade growth remains steady across 2025, but US trade growth declines and falls below 0 at year's end. Rough 2026 ahead.
www.bloomberg.com/news/newslet...

#WolffBites: Europe fights Russia (who might take more than its Ukraine border). But Europe just talks about Trump's actions to "take" Greenland. NATO fails.

www.politico.eu/article/euro...
Europe stands with Greenland as Trump threat returns
Donald Trump’s appointment of a special envoy reignites a fight over the Arctic island.
www.politico.eu

#WolffBites: Suppose a hamster stopped turning the capitalism wheel. The first question she/he would ask: what took me so long?

#WolffBites: The National Security Strategy released Dec 4 admits the US empire has ended. The admission hides among repetitions of "America First." What does America First mean? Killing those 95 people in boats near Venezuela as foreign enemies. Will domestic "enemies" be next?

#WolffBites: New Mexico succeeds with free childcare program for all residents (including immigrants, no matter parents' incomes). Another old socialist program embraced by people who carefully avoid admitting its "socalilst" history.

www.cnn.com/2025/12/13/b...
Free child care for all? New Mexico is putting the theory to the test | CNN Business
The nation’s first universal child care program is rolling out in one of its poorest states — sparking debate about cost, sustainability and who benefits most.
www.cnn.com

Reposted by Lee Jones

#WolffBites: The Global South, China, and the BRICS watch the UK and US revive old colonial attitudes into a new racism aimed at immigrants. But today's racism accompanies the Global North's economic and social decline. Very big difference.

www.theguardian.com/politics/202...
Broadcaster targeted with racist slurs accuses Farage of emboldening ‘toxic environment’ online
Farage is responsible for ‘dangerous’ culture shift, says broadcaster subject to alleged posts from Reform councillor
www.theguardian.com

#WolffBites: China's export surplus hit $1 trillion in November (more than for all of 2024). A 29% drop in exports to US offset by over 29% growth in exports to rest of world. So China's 2025 growth will be much faster than the US.

finance.yahoo.com/news/live/tr...
Trump tariffs live updates: Trump floats 'some' additional tariff carveouts; US unveils $12B farmer bailout
Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
finance.yahoo.com

#WolffBites: How capitalism "tackles" the affordability crisis. Use clever words to hide reduced products for people to buy: hamburger helper instead of hamburger, smaller apartments for the same rent, and now "tiny cars." Don't be fooled.

www.axios.com/2025/12/05/t...
The problems with building "micro cars" in the U.S.
The laws of economics and physics will almost certainly ensure the cars won't happen for the U.S.
www.axios.com

#WolffBites: "Affordability" depends on your income and what it lets you buy. The employer class (3% of US) sets most wages/salaries and likewise sets most prices we must pay. Employees' "affordability" issue is caused by capitalist employers.

Hello friends, This is an important article written by Chris G. Beck - If you are free and in New York Please join myself and Chris at the “People’s Forum” in New York City RSVP Here: shorturl.at/u3pIQ
democracyatwork.substack.com/p/mamdanis-s...

Hilary Clinton calls young people who disagree with her (on Israel vs Gaza) misled by TikTok. They should, of course, rely instead on mainstream medias' "truth." Next she may call to censor one so the other gets a monopoly, what ruling classes do.

www.independent.co.uk/news/world/a...
Hillary Clinton claims TikTok is influencing young people’s views on Israel-Palestine
Former secretary of state complains young Americans being swayed by unreliable media on TikTok, making it difficult to have a ‘reasonable discussion’ about events in the Middle East
www.independent.co.uk

#WolffBites: US = a "Rube Goldberg" capitalism. First you rip off working class parents so they cannot provide adequately for their children. Second, you gather media to celebrate your give back of $250 to the poorest children. The ripoff continues.

www.axios.com/newsletters/...
Axios PM - 1 big thing: $6B for America's kids
www.axios.com

Reposted by Richard D. Wolff

Join us in Sag Harbor on Dec 4, 2025 at 7:30 PM for a screening of "Steal This Story, Please!"

A Q&A with Amy Goodman plus Oscar-nominated, Emmy-winning filmmakers Tia Lessin & Carl Deal follows the film.
Amy Goodman at Hamptons Doc Fest Screening of Steal This Story, Please! | Democracy Now!
In this age of widespread misinformation and increased threats to press freedom, support for independent journalism is more important than ever. Media is
www.democracynow.org

#WolffBites: Right-wing UK leader Thatcher privatized London's water system. Private owners aimed for profits, sacrificed everything else. Now extreme pollution or sky-high costs confront London's water-users. Privatization often fails.

www.theguardian.com/business/202...
People living along polluted Thames file legal complaint to force water firm to act
Residents claim raw sewage and poorly treated effluent as result of Thames Water’s failings are threat to health
www.theguardian.com

#WolffBites: UK teachers quitting because of "crippling" working conditions. No "Labor gov't" plan for pay increases, more hires. Instead, plans to reduce teacher work-weeks. Capitalism's crisis deepens as it undereducated its own.

www.theguardian.com/education/20...
Schools urged to trial four-day week to ease pressure on teachers in England and Wales
Advocacy group tells education secretary ‘working smarter’ can protect staff wellbeing and help students
www.theguardian.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...
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: 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...
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

Wolff Response: "The National Debt Disaster" dated November 19, 2025
www.youtube.com/watch?v=g5Z3...
Wolff Response: "The National Debt Disaster" dated November 19, 2025
YouTube video by RichardDWolff
www.youtube.com

Reposted by Phillip Baker

#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...
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: 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...
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: 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...
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: 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...
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: 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...
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

#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...
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

#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...
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: 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...
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

#WolfBites: ZOHRAN MAMDANI...

#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.

#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...
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