Prof. Richard Wolff - Crises of US Capitalism: Pandemic, Crash, and Secular Decline

The Oxford Economics society is delighted to host Richard D. Wolff, Professor of Economics Emeritus, University of Massachusetts, Amherst, and a Visiting Professor in the Graduate Program in International Affairs of the New School University, NYC. He is the founder of Democracy at Work and host of their nationally syndicated show Economic Update. His latest book is The System is the Sickness: When Capitalism Fails to Save Us from Pandemics or Itself and is available with his other books Understanding Socialism and Understanding Marxism at . The US today faces the most serious challenge to capitalism’s hegemony since the 1930s Great Depression. Failures to prepare for or contain Covid-19 and the crash, deepening inequalities of wealth and income, and a dysfunctional politics make millions question the system as a whole. Basic social problems – systemic racism, misogyny, ecological destruction – become more acute and more socially unacceptable. Social explosions and social changes