10% Discount Coupon Code: POLITICSDONERIGHT By Richard D. Wolff The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies grew faster than the G7 economies. Now a third of total world output comes […]
Market Fundamentalism’ Is an Obstacle to Social Progress
Social Progress is linked to the Economy
The Debt Ceiling Debate Is a Massive Deception Against the Public
The debt ceiling deceptions favor corporations over individuals and the richest individuals over the rest of us
The Emerging New World Economy
The emerging new world economy displays the unity of opposites and contradictions. Four major developments can illustrate them and underscore their interactions.
The Social Changes We Need, the Class Obstacle We Face
The inflation that plagues the United States and beyond results from a decision made by employers.
The Economic Realities We Face at the End of 2022
U.S. capitalism and its empire are widely perceived as waning. Europe’s role as a U.S. ally and indeed its economic future became correspondingly riskier as a result.
Increasing Desperation as the U.S. Capitalist System Declines
Like all previous economic systems in recorded history, capitalism is on track to repeat the same three-step trip: birth, evolution, and death. The timing and other specifics of each system’s trip differ.
Why Capitalism Was Destined to Come Out on Top in the 2020 Election
No matter who “won” the U.S. election, what will not change is the capitalist organization of the country’s economy.
The Truth About Power and Capitalism: A Socialist Response to the Tax Bill
Capitalism’s critics are increasingly directing those truths to the power of capitalism as expressed in the policies and politics of both Republicans and Democrats.
The Political Economy of Obama/Trump
US capitalism is again careening down blind alleys. Earlier it had crashed into the Great Depression from 1929 to 1933 before lurching into the New Deal.