On July 15, 2020 Professor Richard Wolff was interviewed by Julianna Forlano, Senior Correspondent for act.tv and host of the Progressive Movement Coverage. Economists are warning Americans that the long-term consequences of the pandemic could be severe joblessness for millions of Americans faced with permanent unemployment.
Prof. Richard Wolff says that, along with climate change and covid, we are going through an economic trauma like the Great Depression and this trauma will shape the 21st century just as profoundly as the Depression of the 1930s did. He lists in detail solutions of the New Deal that would be of great benefit today but are not implemented.
Richard Wolff is Professor Emeritus of Economics at the University of Massachusetts Amherst, and currently a Visiting Professor in the Graduate Program of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, University of Utah, University of Paris I (Sorbonne), and The Brecht Forum in New York City.
His most recent books are Understanding Socialism (2019) and Understanding Marxism (2018). and he is a frequent guest of Chris Hedges, Thom Hartmann, George Galloway, Abby Martin and on Democracy Now and even Fox. And you may be familiar with his own syndicated weekly radio and TV show Economic Update.
Podcast: Play in new window | Download (Duration: 29:00 — 19.9MB)
