This episode was recorded in June this year and Professor Wolff explains what deficits are and why the capitalist system enables and invites employers to cause them. He then proceeds to explain how deficits both solve specific problems of capitalism while also causing others. Over time, problems accumulate to undermine the credit of the US […]
The Failure of Global Finance is Systemic
Prof. Richard Wolff – The Decline of the US Empire & Germany’s Economy
Why The European Union Will Fail
Prof. Richard Wolff: Economics of the Ukraine and Gaza Wars & the rise of Artificial Intelligence
Time Bomb in Global Finance – Rob Johnson.