Richard D. Wolff | Lightnews

Professor Richard D. Wolff

@profwolff.bsky.social

13K followers 17 following 400 posts

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
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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%

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Professor Richard D. Wolff @profwolff.bsky.social · Nov 14

Hello friends, I am officially on Blue Sky!!!

Professor Richard D. Wolff @profwolff.bsky.social · 2h

#WolffBites: Rubio expands MAGA to advocate for MSGA - make colonialism great again - instead of "managing the orderly decline of the west." Like Don Quixote tilting against windmills, Rubio and Trump aim to reverse world history. Result is disorderly decline.

www.youtube.com/shorts/F5cDf...

Marco Rubio calls for revival of Western colonialism

YouTube video by BreakThrough News

www.youtube.com

Professor Richard D. Wolff @profwolff.bsky.social · 1d

Jesse Jackson was a product of his time. His 1988 presidential campaign was endorsed by Democratic Socialists of America and by Bernie Sanders. He spoke at Hugo Chavez's funeral in Venezuela. He helped prepare for today's rediscovery of socialism in the US.

capitalresearch.org/article/from...

From Jesse to Bernie to Zohran: the lineage of successful socialists

The New York mayoral candidate has been compared to Bernie & AOC. But the success of today’s socialist Democrats traces back to Jesse Jackson in 1988.

capitalresearch.org

Professor Richard D. Wolff @profwolff.bsky.social · 2d

UK, German leaders make a "moral case for rearmament." Hoping to offset very low, declining popularity, both leaders beat war drums, this time against Russia instead of 2 World Wars against one another.

www.theguardian.com/politics/202...

British and German military chiefs press ‘moral’ case for rearmament

Defence leaders write joint appeal urging public on need to be prepared for war with Russia and resulting costs

www.theguardian.com

Professor Richard D. Wolff @profwolff.bsky.social · 2d

#WolffBites: In 2025, Trump gov't tried to incentivize US couples into having more children while deporting immigrants who have more children. So fewer births than 2024. Incoherent policies.

apnews.com/article/how-...

US births dropped last year, suggesting the 2024 uptick was short-lived

U.S. births slightly decreased in 2025. That's according to new provisional data from the Centers for Disease Control and Prevention.

apnews.com

Professor Richard D. Wolff @profwolff.bsky.social · 4d

Hello friends, next month myself alongside @shahramazhar.bsky.social will be presenting “Marxian Class Analysis”, an Online Course. This is part of the Left Education Project organized by @democracyatwork.bsky.social and #LeftForum You may register at:
www.eventbrite.com/e/marxian-cl...

Professor Richard D. Wolff @profwolff.bsky.social · 5d

#WolffBites: We welcome the growing global recognition that basic social needs - like saving the planet from ecological disaster - require challenging capitalism by advocating for the democratization of enterprises.

www.theguardian.com/environment/...

We can move beyond the capitalist model and save the climate – here are the first three steps | Jason Hickel and Yanis Varoufakis

Capitalism cares about our species’ prospects as much as a wolf cares about a lamb’s. But democratise our economy and a better world is within our grasp, say Jason Hickel and Yanis Varoufakis

www.theguardian.com

Professor Richard D. Wolff @profwolff.bsky.social · 6d

#WolffBites: Imagine a political party really confronting our "affordability" crisis by focusing on bringing down grocery prices! Canada's NDP does well what US Democrats fail so badly to do or even to imagine.

youtube.com/watch?v=Hj-n...

You're Paying Too Much for Groceries

YouTube video by Marit Stiles

youtube.com

Reposted by Richard D. Wolff

@charleshb@mastodon.sdf.org @charleshb.bsky.social · 6d

. @democracyatwork.bsky.social "On Socialism: Exploring Theory & Practice with Richard( @profwolff.bsky.social )Wolff" #DemocracyAtWork
www.youtube.com/watch?v=hwwX...

On Socialism: Exploring Theory & Practice with Richard Wolff

YouTube video by Democracy At Work

www.youtube.com

Professor Richard D. Wolff @profwolff.bsky.social · 6d

Wolff Responds: Capitalism and The Epstein Class
open.substack.com/pub/democrac...

Wolff Responds: Capitalism and The Epstein Class

One of the things to come out of the release of the Epstein files is the depravity of many of the world's so called elite.

open.substack.com

Reposted by Richard D. Wolff

Democracy At Work @democracyatwork.bsky.social · 6d

EU Story: San Francisco Teachers’ Strike Shuts Down 120 Schools
democracyatwork.substack.com/p/eu-story-s...

EU Story: San Francisco Teachers’ Strike Shuts Down 120 Schools

By Charles Fabian

democracyatwork.substack.com

Professor Richard D. Wolff @profwolff.bsky.social · 7d

#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...

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

Professor Richard D. Wolff @profwolff.bsky.social · 7d

#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-...

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

Professor Richard D. Wolff @profwolff.bsky.social · 8d

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.

Professor Richard D. Wolff @profwolff.bsky.social · 8d

#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...

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

Professor Richard D. Wolff @profwolff.bsky.social · 8d

#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/...

Axios Markets - The cost of babysitting

www.axios.com

Professor Richard D. Wolff @profwolff.bsky.social · 9d

#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...

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

Professor Richard D. Wolff @profwolff.bsky.social · 11d

#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...

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

Professor Richard D. Wolff @profwolff.bsky.social · 12d

#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/...

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

Professor Richard D. Wolff @profwolff.bsky.social · 14d

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...

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

Professor Richard D. Wolff @profwolff.bsky.social · 15d

#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...

U.N. Says It’s in Danger of Financial Collapse Because of Unpaid Dues

www.nytimes.com

Professor Richard D. Wolff @profwolff.bsky.social · 16d

#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

Democracy At Work @democracyatwork.bsky.social · 18d

Don Lemon, the Authoritarian State, and the End of Dissent as We Knew It

open.substack.com/pub/democrac...

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

Professor Richard D. Wolff @profwolff.bsky.social · 19d

#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.

Professor Richard D. Wolff @profwolff.bsky.social · 20d

#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.

Professor Richard D. Wolff @profwolff.bsky.social · 20d

#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/...

Axios Macro - Walking a new trade tightrope

www.axios.com

Professor Richard D. Wolff @profwolff.bsky.social · 22d

#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...

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

Reposted by Richard D. Wolff

Democracy At Work @democracyatwork.bsky.social · 22d

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...

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

Professor Richard D. Wolff @profwolff.bsky.social · 23d

EU Story: Minneapolis ICE Out of Minnesota — General Strike (January 23) via @democracyatwork.bsky.social

open.substack.com/pub/democrac...

EU Story: Minneapolis ICE Out of Minnesota — General Strike (January 23)

By Charles Fabian

open.substack.com

Professor Richard D. Wolff @profwolff.bsky.social · 23d

#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...

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

Professor Richard D. Wolff @profwolff.bsky.social · 25d

#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.

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