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Latest Releases

This week on Economic Update, Professor Wolff delivers updates on employers that are blocking, delaying, and opposing improvements on general social welfare, the Trump administration putting an end to "affirmative action" for veterans (including those disabled), and how the Trump tariffs are worsening uncertainty with very serious negative consequences. In... Read more

In this week's episode of Capitalism Hits Home, Dr. Harriet Fraad points out how the Left has turned away from the love of community that helped fuel the movements behind leaders like MLK and Che and explains why this has turned out to be a huge mistake. She then explains... Read more

In this week's episode of Economic Update, Professor Wolff critiques the DOGE practice of firing federal civilian employees, analyzes the Trump tariff program, and shows how both are presented as ways to solve deep economic problems in the U.S. but are actually an assault on the working class. The second... Read more

Do you feel tired, alienated, bored, and powerless at work? Do you feel exploited? This episode of Dialectic at Work provides an economic theory that could explain your daily experiences at the workplace. It builds on the discussion with Professor Richard Wolff in the previous episode and dives into the... Read more

This week on Economic Update, Professor Wolff explores the last 150 years of largely uncritical celebrations of "the market" as if it were a perfect institution that must be protected from the intrusion of other institutions such as the government, labor unions, and popular organizations. We compare a historical example... Read more

This week on Capitalism Hits Home, Dr. Fraad discusses how the profit motive that defines capitalism is that no one hires you unless they make more money from your work than they pay you. That is simply considered good business, and Dr. Fraad explains how compassion and empathy remain variables... Read more

In this week's episode of Economic Update, Professor Wolff discusses certain minimum wages by the Trump administration, the costs of Germany's rearmament, and how Trump's tariffs and deportations have hit central America with economic catastrophe. The second half features a detailed discussion of the historical blaming of foreigners for the... Read more

Professor Richard Wolff’s co-author, colleague, and friend, the late Stephen Resnick, would tell his students about his discussion, as a student at MIT, with Paul Samuelson. He asked Samuelson: “What is there in Marx that is both valid and absent in neoclassical theory”? To this, Samuelson responded: “Class analysis.” In... Read more

In this week's episode of Economic Update, Professor Wolff discusses how Marx's class analysis presents a solution to today's inequality and the challenges to overcoming it we have faced throughout history. In short, since the early existence of human society, people lived in tribes, clans, and villages that exhibited equality... Read more

In this week's installment of Capitalism Hits Home, Dr. Fraad delves into the historical evolution of the concept of family. She challenges the common misconception that parenthood is an innate or naturally inherent trait in humans. Additionally, she explores how marriage and partnerships intersect with and shape this dynamic, shedding... Read more

Essential Reading

Understanding Capitalism Hardcover Preview

Understanding Capitalism - Limited Hard Cover Edition

This elegantly redesigned version of Understanding Capitalism with a new forward from Professor Wolff does the text justice. We chose to create this version of Professor Wolff’s most succinct and wholistic explanation of what capitalism is, what it is not, and why it can be difficult to understand to better...

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Understanding Capitalism

Understanding Capitalism aims to answer the question: 'Why capitalism fails us'?. It explores the different definitions of what capitalism is and is not – showing why definitions matter. It dissolves the many myths that make it hard to understand the system. Readers acquire tools needed to engage basic economic...

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Understanding Marxism

If you want to understand capitalism in order to make society better, then understanding Marx’s analysis is fundamental in drawing your attention to capitalist production’s core conflict: class struggle. It is everywhere, and it influences everything and everyone in our society. Marx is the theoretician who...

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The Sickness is the System

The coronavirus pandemic, economic crash, political divisions, and social tensions have plunged the declining American capitalist system into chaos. In this collection of over 50 unique essays, Prof. Wolff argues that a mere return to normalcy is inadequate to tackle the accumulated problems of US capitalism.

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Understanding Socialism

Understanding Socialism tackles the taboos and unveils the often hidden histories of socialism, but most importantly it offers a way forward: a socialism built on democracy in the workplace. A blend of history, analysis and opinion, Understanding Socialism is an honest and...

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