In this interview, our founder and supporting editor, Zain Raza, speaks with Richard D. Wolff, Professor of Economics, about the growing economic pressures facing Germany and Europe. The discussion examines Germany’s stagnating economy, job insecurity, pension reform, and the striking disconnect between a booming stock market and weakening conditions for workers and industry.
The conversation also explores Europe’s response to the war in Ukraine through sanctions and frozen Russian assets, placing these developments within a broader economic and historical context. Wolff offers a systemic analysis of how policy choices, financial markets, and geopolitical tensions are reshaping Germany’s economic model and Europe’s future.
To read the transcript of this video: Ukraine, Germany’s Decline and Europe at a Breaking Point | Prof. Richard Wolff
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Richard D. Wolff is the founder of Democracy at Work and host the show Economic Update. He is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. Earlier he taught economics at Yale University and at the City College of the City University of New York. Wolff was also a regular lecturer at the Brecht Forum in New York City. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York City.
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