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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Reposted by Richard D. Wolff
EU Story: San Francisco Teachers’ Strike Shuts Down 120 Schools
By Charles Fabian
democracyatwork.substack.com
EU Story: San Francisco Teachers’ Strike Shuts Down 120 Schools
democracyatwork.substack.com/p/eu-story-s...
democracyatwork.substack.com/p/eu-story-s...
Did Alberta's Top Judges Just Put a Smackdown on Smith?
When Judges Feel Compelled to Speak, Democracy Is Already at Risk
queergranddad.substack.com
#WolffBites: Alberta province in Canada has a Trump-like authoritarian leader who threatens the independence of courts. Unlike the US Supreme Court, supreme judges in Alberta fight back against authoritarian threats.
queergranddad.substack.com/p/did-albert...
queergranddad.substack.com/p/did-albert...
Amazon, Meta, and Alphabet report plunging tax bills thanks to AI investment and new rules in Washington
The build-out of artificial intelligence data centers along with business-friendly provisions in President Trump's "One Big Beautiful Bill" are combining to make 2025 a banner tax year for Big Tech.
finance.yahoo.com
#WolffBites: Amazon, Meta (Facebook) and Alphabet (Google): 3 megacorps report many $ billions in 2025 tax cuts, part of GOP's "big, beautiful" tax bill. Trump and the billionaires; each keeps other on top.
finance.yahoo.com/news/amazon-...
finance.yahoo.com/news/amazon-...
In or out, DEMs or GOP, neither admits and so cannot solve the decline of the US empire and its capitalist economy. The system is the problem.
The Odds: Are Americans happy with Trump’s economy? | CNN Politics
Over the weekend, the President took ownership of the U.S. economy but how do American voters feel? CNN News Central’s John Berman and Chief Data Analyst Harry Enten dig through the data.
www.cnn.com
#WolffBites: Polls on Trump handling of the economy drop sharply. Declining economy got Trump in and now threatens to drive his party out.
www.cnn.com/2026/02/09/p...
www.cnn.com/2026/02/09/p...
Axios Markets - The cost of babysitting
www.axios.com
#WolffBites: Another reason for decreasing marriages and children is the average US cost of babysitting one child per hour is now $26.24 (rising faster than inflation). Also driving mothers out of the job market.
www.axios.com/newsletters/...
www.axios.com/newsletters/...
The left warned that Starmerism would end like this. Now all of Britain faces the fallout | Owen Jones
Peter Mandelson helped Morgan McSweeney privilege Labour’s reactionary forces to sustain the PM, says Guardian columnist Owen Jones
www.theguardian.com
#WolffBites: The Epstein scandal dissolved the weak glue holding the UK gov't together. As it disintegrates, the UK may perhaps follow the US into a desperate Trump-type authoritarianism equally incapable of stopping western capitalism's further decline.
www.theguardian.com/commentisfre...
www.theguardian.com/commentisfre...
Washington Post cuts one third of its staff | CNN Business
Washington Post contributor Sally Quinn discusses the news that the Bezos-owned newspaper will lay off one third of its staff across all departments, with severe cuts in DC, sports and international c...
www.cnn.com
#WolffBites: Our "Free Press" lets billionaires like Bezos cut and ruin an important newspaper institution however he pleases. Maybe what he saves by crippling the Washington Post helps subsidize the Melania movie.
www.cnn.com/2026/02/04/b...
www.cnn.com/2026/02/04/b...
Record Numbers of Younger Women Want to Leave the U.S.
The percentage of younger women in the U.S. who express a desire to migrate permanently has surged in the past decade.
news.gallup.com
#WolffBites: Gallup Poll shows 40% of US women would like to leave the US to live. Big increase from 2018 and much higher than for other developed economies (OECD). Another angle to view decline of US.
news.gallup.com/poll/697382/...
news.gallup.com/poll/697382/...
Trump, Politics and a Declining US Capitalism in 2026
A year into Trump’s second term clarifies what his presidency aims to accomplish.
open.substack.com
Good Morning friends, please find my latest editorial piece on our current state of affairs and how we got here. via @democracyatwork.bsky.social open.substack.com/pub/democrac...
U.N. Says It’s in Danger of Financial Collapse Because of Unpaid Dues
www.nytimes.com
#WolffBite: Trump proposed to increase funding of the War Department by $600 billion next year, but the US has not paid its debts to the UN (now $2.2 billion). Trump's priorities for war and for peace differ.
www.nytimes.com/2026/01/30/w...
www.nytimes.com/2026/01/30/w...
#WolffBites: Trump closing the Kennedy Center (after most artists cancel shows there) "for renovation" is like a politician quitting (after getting caught in bad behavior) "to spend more time with his family."
Reposted by Richard D. Wolff
Don Lemon, the Authoritarian State, and the End of Dissent as We Knew It
The arrest of journalist Don Lemon in connection with an anti-ICE protest in Minnesota is not just another example of reactionary abuse of power by the Trump administration; it is a warning.
open.substack.com
Don Lemon, the Authoritarian State, and the End of Dissent as We Knew It
open.substack.com/pub/democrac...
open.substack.com/pub/democrac...
#WolffBites: The FED's job is to limit the inherent instability of capitalism, the costly cycles of inflation/recession/depression that capitalism never overcame. Blaming the FED for capitalism's problem misunderstands economics.
#WolffBites: USSR's decline left US empire to reach its peak. World's central banks exchanged gold for US dollar treasuries. As US empire goes into decline after 2000 and China rises.... Those banks shift back from US treasuries to gold.
Axios Macro - Walking a new trade tightrope
www.axios.com
#WolffBites: The writing is on the wall: Canada and Britain send leaders to Beijing for expanded trade deals with China (as US closes itself off with tariffs). Only political blindness misses what the wall writing teaches us.
www.axios.com/newsletters/...
www.axios.com/newsletters/...
Comedian roasts US Agriculture Secretary’s $3 meal suggestion | CNN Politics
“Have I Got News For You” cast members poke fun at Agriculture Secretary Brooke Rollins’ explanation of affordable, healthy meals for Americans. Stream the full episode on the CNN app.
www.cnn.com
#WolffBites: Trump's Agriculture Secretary tells poor Americans to eat $3 meals if they cant afford more. Like equally clueless Marie Antionette telling France's poor to eat cake if bread is too costly.
www.cnn.com/politics/vid...
www.cnn.com/politics/vid...
Reposted by Richard D. Wolff
Economic Update: The Political Bias of Conventional Economics
Enjoying this ad-free episode of Economic Update? Please consider supporting our work by signing up as a monthly subscriber on our website at https://www.democracyatwork.info/donate, our Patreon commu...
www.youtube.com
New Episode of #EconomicUpdate out today at 4:30PM EST @profwolff.bsky.social joined by Clara Mattei of @freefreeforum.bsky.social to discuss her new book! Watch it then here: www.youtube.com/watch?v=d9UA...
EU Story: Minneapolis ICE Out of Minnesota — General Strike (January 23)
By Charles Fabian
open.substack.com
EU Story: Minneapolis ICE Out of Minnesota — General Strike (January 23) via @democracyatwork.bsky.social
open.substack.com/pub/democrac...
open.substack.com/pub/democrac...
Minnesota workers pressure employers to take action against ICE operations
Target, Delta and Hilton targeted with actions leading up to economic blackout of no work, shopping or school
www.theguardian.com
#WolffBites: Target, Delta Airlines, and Hilton Hotels among mega-corporations whose workers are demanding they take stands against ICE in wake of Minneapolis killing. Labor builds the movement.
www.theguardian.com/business/202...
www.theguardian.com/business/202...
#WolffBites: Russia/China "have" vast Asian portion of Russia to develop economically. A desperate US wants an equivalent (take Greenland and Canada), keep Europeans out. "National security" covers a lot.
Time To Win
timetowin.world
#WolffBites: Many global billionaires see capitalism's global crisis, leading them to call on politicians to tax the rich - like themselves - to cut global inequality rather than just talk about it... Too bad other billionaires have bought those politicians.
timetowin.world
timetowin.world
#WolffBites: The biggest threat to US capitalism is this inequality: 20% richest do 59% of total consumer spending that keeps economy going, but poorest 80% do only 41% of spending. Capitalism keeps producing the inequality that destroys it.
Trump credit card plan would be 'disaster', JP Morgan boss Dimon warns
Jamie Dimon said Donald Trump's interest rate cap proposal would restrict Americans' access to credit.
www.bbc.com
Big US bank CEOs denounce plans to cap credit card interest rates at 10%/year (instead of 22%/year now). If such caps happen, banks threaten to withdraw credit cards from millions. Will we let banks keep ripping us off by blocking caps?
www.bbc.com/news/article...
www.bbc.com/news/article...
Query on Greenland: Might Trump fear that Europe, via Denmark, wants a vast, resource-rich Greenland to help Europe regain a powerful place in a world economy otherwise dominated by China and/or the US?
d@w's Substack | Democracy At Work | Substack
Democracy At Work is a 501c3 organization co-founded by Professor Richard D. Wolff whose mission is to challenge capitalism with progressive, entertaining and educational media. Click to read d@w's Su...
democracyatwork.substack.com
Good Afternoon friends. I would like to draw your attention to the @democracyatwork.bsky.social Substack. Please subscribe and join our growing community.
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Axios Markets - "Buy the dip" comes to the bond market
www.axios.com
#WolffBites: Trevor Slavin, Asset Manager at BlackRock and then Barings, says that 70% of Trump's policy announcements are "just bluster." The financial professionals disregard them.
www.axios.com/newsletters/...
www.axios.com/newsletters/...
'Serious strategic blunder!': Trump’s 2018 warning resurfaces as Merz slams Germany’s nuclear exit
YouTube video by The Economic Times
www.youtube.com
German leaders now blame Recession on ending its nuclear energy program.
'Serious strategic blunder!': Trump’s 2018 warning resurfaces as Merz slams Germany’s nuclear exit
YouTube video by The Economic Times
www.youtube.com
#WolffBites: Germany stopped buying cheap Russian oil and gas to bankrupt Russia and to win the Ukraine war. It failed but also raised Germany's energy prices and thus other prices. Recession followed.. www.youtube.com/watch?v=xGtK...