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Richard David Wolff (born April 1, 1942) is an American Marxian economist, known for his work on economic methodology and class analysis. He is professor emeritus of economics at the University of Massachusetts Amherst and a visiting professor in the graduate program in international affairs of the New School. 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. In 1988 Wolff co-founded the journal Rethinking Marxism. In 2010 he published Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It, also released on DVD. In 2012 he released three new books: Occupy the Economy: Challenging Capitalism, with David Barsamian (San Francisco: City Lights Books), Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick (Cambridge, Massachusetts, and London: MIT University Press), and Democracy at Work (Chicago: Haymarket Books). In 2019 he released his book Understanding Marxism @democracyatwrk . Wolff hosts the weekly 30-minute-long program, Economic Update, which is produced by the non-profit Democracy at Work, which he co-founded. Economic Update is on YouTube, FreeSpeech TV, WBAI-FM in New York City (Pacifica Radio), CUNY TV (WNYE-DT3), and available as a podcast. Wolff is featured regularly in television, print, and internet media. The New York Times Magazine has named him "America's most prominent Marxist economist".Wolff lives in Manhattan with his wife and frequent collaborator, Harriet Fraad, a practicing psychotherapist.

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Time Stamp

00:00:00 Highlight 00:01:08 Introduction 00:03:39 Why Marxism? 00:23:28 Fed interest rate hike 00:40:42 US labor movt 00:50:26 Ukraine war 01:17:00 Rapid fire