Professor Richard D. Wolff
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
website: www.DemocracyAtWork.info
- #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...
- #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/...
- 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...
- #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...
- #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."
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- #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.
- #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.
- #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/...
- Reposted by Professor Richard D. Wolff[Not loaded yet]
- #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...
- EU Story: Minneapolis ICE Out of Minnesota — General Strike (January 23) via @democracyatwork.bsky.social open.substack.com/pub/democrac...
- #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...
- #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.
- #WolffBites: Many global billionaires see capitalism's global crisis, leading them to call on politicians to tax the rich - like themselves - to cut global inequality rather than just talk about it... Too bad other billionaires have bought those politicians. timetowin.world
- #WolffBites: The biggest threat to US capitalism is this inequality: 20% richest do 59% of total consumer spending that keeps economy going, but poorest 80% do only 41% of spending. Capitalism keeps producing the inequality that destroys it.
- Big US bank CEOs denounce plans to cap credit card interest rates at 10%/year (instead of 22%/year now). If such caps happen, banks threaten to withdraw credit cards from millions. Will we let banks keep ripping us off by blocking caps? www.bbc.com/news/article...
- Query on Greenland: Might Trump fear that Europe, via Denmark, wants a vast, resource-rich Greenland to help Europe regain a powerful place in a world economy otherwise dominated by China and/or the US?
- Good Afternoon friends. I would like to draw your attention to the @democracyatwork.bsky.social Substack. Please subscribe and join our growing community. democracyatwork.substack.com
- #WolffBites: Trevor Slavin, Asset Manager at BlackRock and then Barings, says that 70% of Trump's policy announcements are "just bluster." The financial professionals disregard them. www.axios.com/newsletters/...
- #WolffBites: Germany stopped buying cheap Russian oil and gas to bankrupt Russia and to win the Ukraine war. It failed but also raised Germany's energy prices and thus other prices. Recession followed.. www.youtube.com/watch?v=xGtK...
- #WolffBites: Minneapolis Federation of Labor, AFL-CIO strongly endorses March 23 general strike to protest actions of ICE. A major step in capitalism's deepening crisis. minneapolisunions.org/system/files...
- When Trump uses ancient law against people in Minnesota, we remember a great woman's quote: “What presents itself to us as bourgeois legality is nothing but the violence of the ruling class, a violence raised to an obligatory norm from the outset.” ― Rosa Luxemburg (murdered Berlin 15 January 1919)
- As we celebrate Martin Luther King, Jr., let's not miss noting where he would stand in the battle of ICE versus Minneapolis.
- #WolffBites: SA, SS, and Gestapo all began small “to protect” Nazi Party meetings. Hitler grew them into a big army to terrorize his political enemies including running concentration camps.
- #WolffBites: Will US bankers support independent money-management (the FED) or will short-term competitive greed among bankers dictate subservience to Trump as he tries to subordinate the FED?
- #WolffBites: GOP corporate donors know their cash goes to buy votes of certain masses (evangelical Christians, white supremacists, super patriots, racists, etc.). But what if Trump's policies cost donors (like a 10% cap on credit card interest rates)? Trump gets trounced.
- #WolffBites: When past empires suffered economic decline (as all eventually did) and they lost political power, they often desperately tried military power to reverse the empire's decline. It never worked.
- Wolff Responds: Venezuela: Where Will this End? www.youtube.com/watch?v=jk5x...
- #WolffBites: Job prospects in the US worse today than at any time over the last 12 years (worse even than during the pandemic).
- Wolff Responds: "Venezuela: Where Will this End?" Dated January 7, 2026 youtu.be/jk5xQ79UVuY?...
- Three years ago, Massachusetts imposed a 4% surcharge on personal annual incomes over $1 million. It raised $ 6.4 billion. Now Rhode Island and other states are moving in that direction. Aim is to offset Trump favoring the rich. finance.yahoo.com/news/rhode-i...
- #WolffBites: New research shows: Trump's tariffs cost mostly the US economy - not foreign economies whose exports to the US saw little price change. Trump tried to make it seem that his tariffs punished others. Wrong: we paid them. www.axios.com/newsletters/...
- The US global empire has declined beyond recuperation. Trump hides a retreat to a western hemisphere empire by war on Venezuela. But just as wars lost in Vietnam, Iraq, Afghanistan, Ukraine did not stop US's empire's decline, wars in Latin America wont stop decline there either.
- #WolffBites: Europe tried to take Russia's money to pay for its war against Russia in Ukraine. It failed. Trump plans to take Venezuela's oil to pay for the US attack on and "running" (Trump's word) Venezuela. How 21st century imperialism tries to finance itself.
- #WolffBites: Americans who can buy foreign passports are doing so in record numbers. Do you wonder why that might be? www.bloomberg.com/explainers/h...
- #WolffBites: Mexico's minimum wage rose 13% on 1 January 2026. Taking into account inflation, the real Mexican wage was tripled over the last 8 years. Mexico's ruling class opposed the increases as bad for Mexico. They were 100% wrong. www.nakedcapitalism.com/2026/01/how-...
- #WolffBites: Trump in his own words: "the most anti-war president in history." In fact, Trump bombed 9 nations, more than any other president ever. www.commondreams.org/news/trump-b...
- World trade growth remains steady across 2025, but US trade growth declines and falls below 0 at year's end. Rough 2026 ahead. www.bloomberg.com/news/newslet...
- #WolffBites: Europe fights Russia (who might take more than its Ukraine border). But Europe just talks about Trump's actions to "take" Greenland. NATO fails. www.politico.eu/article/euro...
- #WolffBites: Suppose a hamster stopped turning the capitalism wheel. The first question she/he would ask: what took me so long?
- #WolffBites: The National Security Strategy released Dec 4 admits the US empire has ended. The admission hides among repetitions of "America First." What does America First mean? Killing those 95 people in boats near Venezuela as foreign enemies. Will domestic "enemies" be next?
- #WolffBites: New Mexico succeeds with free childcare program for all residents (including immigrants, no matter parents' incomes). Another old socialist program embraced by people who carefully avoid admitting its "socalilst" history. www.cnn.com/2025/12/13/b...
- #WolffBites: The Global South, China, and the BRICS watch the UK and US revive old colonial attitudes into a new racism aimed at immigrants. But today's racism accompanies the Global North's economic and social decline. Very big difference. www.theguardian.com/politics/202...
- #WolffBites: China's export surplus hit $1 trillion in November (more than for all of 2024). A 29% drop in exports to US offset by over 29% growth in exports to rest of world. So China's 2025 growth will be much faster than the US. finance.yahoo.com/news/live/tr...
- #WolffBites: How capitalism "tackles" the affordability crisis. Use clever words to hide reduced products for people to buy: hamburger helper instead of hamburger, smaller apartments for the same rent, and now "tiny cars." Don't be fooled. www.axios.com/2025/12/05/t...
- #WolffBites: "Affordability" depends on your income and what it lets you buy. The employer class (3% of US) sets most wages/salaries and likewise sets most prices we must pay. Employees' "affordability" issue is caused by capitalist employers.
- Hello friends, This is an important article written by Chris G. Beck - If you are free and in New York Please join myself and Chris at the “People’s Forum” in New York City RSVP Here: shorturl.at/u3pIQ democracyatwork.substack.com/p/mamdanis-s...
- Hilary Clinton calls young people who disagree with her (on Israel vs Gaza) misled by TikTok. They should, of course, rely instead on mainstream medias' "truth." Next she may call to censor one so the other gets a monopoly, what ruling classes do. www.independent.co.uk/news/world/a...
- #WolffBites: US = a "Rube Goldberg" capitalism. First you rip off working class parents so they cannot provide adequately for their children. Second, you gather media to celebrate your give back of $250 to the poorest children. The ripoff continues. www.axios.com/newsletters/...
