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About Richard Wolff

Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, where he taught economics from 1973 to 2008. He is the author of the books "Democracy at Work: A Cure for Capitalism, " "Capitalism's Crisis Deepens: Essays of the Global Economic Meltdown," "Contending Economic Theories: Neoclassical, Keynesian, and Marxian," and "Capitalism Hit the Fan: The Global Economic Meltdown and What to Do About It." His work is available at rdwolff.com and at democracyatwork.info.

Cruel hoax: the political economy of anti-immigration

March 2, 2025 By Richard Wolff

The deep contradictions of anti-immigration are not overcome by hiding them under the veneer of slogans like ‘America First’

Filed Under: Columnists Tagged With: anti-immigration

Settler Colonialism: “It Ends With Us” in Palestine and Israel

March 2, 2025 By Richard Wolff

My birth emerged from European capitalism’s fascistic catastrophe in the 1920s–1940s. That catastrophe also produced Israel’s experiment with settler colonialism in Palestine.

Filed Under: Columnists Tagged With: Settler Colonialism

Settler Colonialism: ‘It Ends With Us’ in Palestine and Israel

February 13, 2025 By Richard Wolff

My birth emerged from European capitalism’s fascistic catastrophe in the 1920s–1940s. That catastrophe also produced Israel’s experiment with settler colonialism in Palestine. This article refers to both these incidents to analyze the current Palestine-Israel catastrophe. My reasons or qualifications to write such an article start with the fact that my maternal grandmother and grandfather were […]

Filed Under: Columnists Tagged With: Africa, Africa/Kenya, economy, europe, Europe/United Kingdom, History, Human Rights, Middle East, Middle East/Israel, Middle East/Palestine, North America/United States of America, Opinion, Politics, social justice, Time-Sensitive, Trump, War

A Reformist Program on Immigration (or What Harris Might Have Said)

December 1, 2024 By Richard Wolff

The immigration issue has split and/or weakened both center and left parties and movements across many nations in recent years.

Filed Under: Columnists Tagged With: 1, 2, 3, Democratic Party, economy, GOP/Right Wing, immigration, Labor, Opinion, Politics, Presidential Elections

U.S. and China Why Not a Deal?

October 19, 2024 By Richard Wolff

An old theme within social theory holds that societies with very unequal distributions of wealth can sustain their social cohesion so long as total wealth is growing.

Filed Under: Columnists Tagged With: Asia/China, economy, History, Labor, North America/United States of America, Opinion, Politics

The Decline of the U.S. Empire: Where Is It Taking Us All?

September 8, 2024 By Richard Wolff

The evidence suggests that empires often react to periods of their own decline by over-extending their coping mechanisms.

Filed Under: Columnists Tagged With: Asia/China, economy, Europe/United Kingdom, History, Labor, North America/United States of America, Opinion, Politics, Social Benefits, War

Why Poverty Reduction Under Capitalism Is a Myth

September 4, 2024 By Richard Wolff

From its beginnings, the capitalist economic system produced both critics and celebrants, those who felt victimized and those who felt blessed.

Filed Under: Columnists Tagged With: Asia/China, book, economy, Europe/Russia, History, Labor, North America/United States of America, Opinion, Politics, UBI, Universal Basic Income

Capitalism’s Unequal Distribution Deprives You of True Freedom

August 16, 2024 By Richard Wolff

As the French economist Thomas Piketty most recently exposed, capitalism, across time and space, has always tended to produce ever-greater economic inequality.

Filed Under: Columnists Tagged With: book, economy, History, Labor, Opinion, Politics

Capitalism, Mass Anger, and 2024 Elections

August 16, 2024 By Richard Wolff

In the wake of his huge defeat on June 30, 2024, when 80 percent of voters rejected French “centrist” President Emmanuel Macron, he said he understood the French people’s anger. In the UK, Conservative loser Rishi Sunak said the same about the British people’s anger, as Labor leader Starmer now says as the anger explodes.

Filed Under: Columnists Tagged With: economy, Europe/France, Europe/United Kingdom, GOP/Right Wing, Labor, news, North America/United States of America, Politics, Presidential Elections, Time-Sensitive, Trump

Tariffs Don’t Protect Jobs. Don’t Be Fooled

July 17, 2024 By Richard Wolff

Both Trump and Biden imposed high tariffs on imported products made in China and other countries. Those impositions broke with and departed from the previous half century’s policies favoring “free trade”

Filed Under: Columnists Tagged With: biden, economy, Opinion, Presidential Elections, Trade, Trump

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