this page last updated: Monday 28 August 2017
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Professor Richard Wolff on Sen. Elizabeth Warren’s push to change the direction of the Democratic Party, the wealth distribution crisis in the US and universal basic income.
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Economist and Democracy at Work founder Richard Wolff joined Fox Business to debate with Stuart Varney about socialism, capitalism, and taxes.
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How elites on both sides of the political spectrum have undermined our social, political and environmental commons.
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Greg Palast, The Best Democracy Money Can Buy. Donald Trump's new tax plan means only one thing — that voodoo economics are back — bigly.
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The US faces a disunited future with a polarising new president. As Trump takes office, we trace the historical trajectory that has exposed the myth of the American Dream. The American people’s lack of faith in and disillusionment with the US establishment is greater now than at any other point in history. The institutions that served US citizens are increasingly regarded as self-serving and the people increasingly divided, increasingly polarised along racial and economic lines. As new President, Donald Trump, enters the White House on a wave of populism, The Big Picture explores just how America has become so fractured, and how for many, the American Dream has been lost. We chart the history of that mythic dream to show its power and the ways in which, throughout the last 70 years, it has been undermined by the powerful and shattered for those who still believe in it as truth.
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Marx Reloaded comprises interviews with leading thinkers on Marxism, including those at the forefront of a popular revival in Marxist and communist ideas. The film also includes interviews with leading sceptics of this revival as well as light-hearted animation sequences which follow Marx's adventures through the matrix of his own ideas.
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Economist Dr. Richard Wolff, Capitalism's Crisis Deepens: Essays on the Global Economic Meltdown joins Thom. In just a few weeks, Britons will take a vote on whether or not they want to remain part of the UK. Could this set off a continent-wide secession movement?
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The Cayman Islands. It is a Caribbean paradise of sun, sea and cocktails, but there is something else going on. Big money, big corporations... and seemingly no one paying a penny of tax. Now Jacques Peretti travels to Cayman in search of the truth about this controversial British tax haven, and uncovers some shocking revelations for what this sun-drenched island means for everyone back in Britain.
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Unscrupulous landlords are getting millions of pounds from the taxpayer for housing people in cramped and poor quality accommodation. These housing benefit kings make big profits from the system, while their tenants live very different lives. Reporter Alys Harte investigates some of the offenders — including the slum landlord who had 40 people living in one house and the businessman who hides his properties behind front companies and false names.
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Economist Richard Wolff joins Thom Hartmann to discuss America's taboo subject... Marxism. The combining of corporations and government, ie fascism, is also discussed.
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Wolff opens this month's update with an account of his recent appearance on Real Time with Bill Maher. Other topics covered, include: development in Africa; inequality and the fading ‘American Dream’; the DeMoulas Market Basket family feud and employee protests; alternatives to markets; and the internal economic tensions of Republicans and Democrats.
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Greg Palast joins Thom Hartmann to discuss Paul “The Vulture” Singer, a major funder of the Republican party. Hedge fund CEO Singer acquires sovereign debt at knock-down prices and then seeks to get them paid in full, often with additional interest. He targets poor countries, where money that should have gone to help the residents ends up paying off the debt he acquired.
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On 21 June, a national demonstration was held in London to protest the austerity being forced onto people by the coalition government. It started outside the BBC HQ and ended in Parliament Square. Here's a playlist of the speakers, produced by Fourman Films.
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Ever since the stock market crashed, the name Goldman Sachs has been appearing everywhere: in the collapse of the financial system, the Greek crisis, the plunge of the euro, and the campaign to prevent regulation of financial markets. The investment bank, created in New York in 1868, has carved out its reputation and success by working silently behind the scenes. But today GS stands accused of myriad charges: playing a key role in the subprime loan fiasco, pushing several of its competitors into bankruptcy, helping countries like Greece hide their deficits before speculating on their downfall, precipitating the fall of the euro, and influencing the consumer price index. And yet GS has come out of this latest crisis richer and more powerful than ever.
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Žižek discusses what's wrong with the European Union and the current discontent with it amongst European voters. He argues that the logic of global capitalism — not immigration — is causing the ‘anti-europe’ sentiment, and that voters should have chosen leftist parties over right-wing nationalist ones. He goes on to suggest that global capitalism has reached the point where global regulation or oversight is needed to correct its injustices, and if this doesn't happen a form of undemocratic Chinese capitalism will arise.
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Updates on major economic developments since December: Obama's minimum wage policy, the Federal Reserve's “tapering policy” and the new Janet Yellen leadership, slowdowns in China and the emerging markets, and Thomas Piketty's new book Capital in the Twenty-First Century on capitalism and inequality. Major discussion of the chief causes and social effects of increasingly unequal wealth and income distributions, and the myth of returning manufacturing jobs in the US.
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A thriller about a genius algorithm builder who dared to stand up against Wall Street. Haim Bodek, aka The Algo Arms Dealer, who discovered ‘order types’ in US financial markets that he says gave unfair advantage to high-frequency traders.
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November's update focuses on austerity and alternatives that are rarely mentioned, ie taxing those that (1) caused the financial mess in the first place, and (2) can afford it. Wolff also compares the minimum wage across several countries and explains why many ‘socialists’ today are apologists for capitalism.
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Using state-of-the-art 3D graphics and the timing of a stand-up comedian, world-famous statistician Professor Hans Rosling presents a spectacular portrait of our rapidly changing world. With seven billion people already on our planet, we often look to the future with dread, but Rosling's message is surprisingly upbeat. Almost unnoticed, we have actually begun to conquer the problems of rapid population growth and extreme poverty. more »
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The government says it is cracking down on tax avoidance and evasion, but does the tough talk really stand up to scrutiny? Private Eye and Panorama go undercover in the City to investigate the truth about UK tax policy. The programme discovers how London is still home to the tax avoidance industry and how new laws could allow big companies to avoid billions in tax.
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Max Keiser interviews author, journalist and filmmaker, Greg Palast about the Larry Summers' secret ‘End Game’ memo and the decriminalisation of what were once financial crimes.
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We feel instinctively that societies with huge income gaps are somehow going wrong. Richard Wilkinson charts the hard data on economic inequality, and shows what gets worse when rich and poor are too far apart: real effects on health, lifespan, even such basic values as trust.
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Abby Martin remarks on the 31st anniversary of the President Ronald Reagan's Economic Recovery Act, and speaks to Richard Wolff about why ‘Reaganomics’ is not a cure-all for the US economy's fiscal woes.
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We are witnessing a revolt of the world's middle classes. How does that bode for global capitalism? Has the system actually reformed itself since the 2008 slump? And, does the world have the resources to accommodate the demands of the rising middle class? CrossTalking with Mark Levine and Richard Wolff.
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Wolff returns to the show and this time answers questions sent in by viewers, diving further into economic inequality, the limitations of industry regulation, and the widening gap between a booming stock market and a population that increasingly lives in poverty.
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With Italy having just gone to the polls, Bill Emmott, former editor of The Economist and a man with a special passion for Italy and Italians since his teenage years, asks where has Italy gone wrong and examines the good sides about Italy as well as the disasters.
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Wolff joins Bill Moyers to discuss the disaster left behind in capitalism's wake, and the fight for economic justice, including a fair minimum wage.
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This is a film based on the book Death of the Liberal Class by journalist and Pulitzer prize winner, Chris Hedges. It charts the rise of the corporate state, and examines the future of obedience in a world of unfettered capitalism, globalisation, staggering inequality and environmental change.
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In this month's update, professor Wolff discusses bailouts, recovery, tax havens, financial transaction taxes in Europe and the US, falling wages, so-called ‘progressive’ income tax rates, off-shoring and its impact on the quality of higher education, austerity, democracy vs capitalism, the general rip-off that is being executed on the people, and how Marxism was never really implemented in Soviet Russia or China.
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In this month's update, professor Wolff breaks down the ‘fiscal cliff’ — how it was arrived at and its implications for the American people in the coming months.
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What does an education get you? Education is the only way out of poverty, as it has been sold to the Chinese population since ancient times. China's economic boom and talk of the merits of hard work have created an expectation that studying is how to escape poverty. Yet it seems the system only leads to jobs for a few, and debt for all. This film, set in Wuhan in central China, looks at the realities of Chinese (privatised) education through the lives of private college tutor Wang Zehziang, high school graduate and would-be university student Wang Pan, and graduate jobseeker Wan Chao.
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130 million babies are born each year, but the circumstances and country of their birth will determine their life story. Brian Hill travels from the UK to America, Cambodia and Sierra Leone to reveal the shocking lottery of child birth across the globe.
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Keiser interviews Danny Schechter who talks about the government's failure to protect their citizens against financial criminals.
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Academy Award-winning filmmaker Alex Gibney presents his take on the gap between rich and poor Americans. Gibney contends that America's richest citizens have “rigged the game in their favor”, and created unprecedented inequality in the United States.
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Ruschlikon is a village in Switzerland with a very low tax rate and very wealthy residents. There is so much money in the public coffers that the mayor can't spend it all, largely thanks to the contribution from one resident — Ivan Glasenberg, CEO of commodities giant Glencore. However, Glencore's copper mines in Zambia don't generate similar tax windfalls for Zambians. The country has the third largest copper reserves in the world, but 60 per cent of the population live on less than $1 a day and 80 per cent are unemployed. Christoffer Guldbrandsen investigates the dark heart of the tax system employed by multi-nationals and asks how much profit is fair.
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Panorama goes undercover to investigate corporate service providers — the people and companies who sell corporate anonymity and access to offshore tax havens. Undercover reporters discover a world that specialises in secrecy, sells services which bend and breach UK law, is happy to help tax dodgers and even turns a blind eye to crime.
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Under the new health reforms, private firms are being awarded millions of pounds-worth of NHS contracts. One of the major new players is Virgin Care. Morland Sanders examines whether the rapid handover of services to private contractors is really good for the public purse, and good for patient care.
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The Bureau of Investigative Journalism and Private Eye went to Switzerland to investigate how British firms can use Swiss companies and branches to legally avoid billions in UK tax.
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Capitalism in Crisis with geographer David Harvey and economist Richard Wolff.
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97% owned present serious research and verifiable evidence on our economic and financial system. This is the first documentary to tackle this issue from a UK-perspective and explains the inner workings of Central Banks and the Money creation process.
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An undercover report partly filmed in the Channel Islands presents new revelations about tax avoidance.
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A surprise Arab drive for freedom, the West's structural crisis and new hope coming from Latin America. That's the modern world in the eyes of Noam Chomsky and Tariq Ali, two prominent thinkers and this week's guests on Julian Assange's show.
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In the latter part of this month's update, Wolff reports on the Mondragon Corporation in the Basque region of Spain. This unified community of worker cooperatives is now the world's most successful, large scale and long-lasting experiment in workers owning and directing their enterprises. It competes successfully with capitalist enterprises, innovates technologically in systematic ways and operates its own major bank and university.
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This documentary examines the Mondragon Corporation in northern Spain, where a federation of worker cooperatives have proved that an alternative to capitalism can indeed thrive.
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Film about the risks we pose to our own survival in the name of progress, connecting financial collapse, growing inequality and global oligarchy with the sustainability of mankind.
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Professor Wolff gives a talk where he looks at capitalism from a moral perspective, highlighting the struggle between employers and employees. Wolff suggests that democracy within the workplace should become a priority at this critical time of economical crisis. In a true democracy, all employees would equally share the directorship of their enterprises — this being fundamentally different from private or state capitalism, where employees or workers are treated like commodities. more »
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Covered in this month's update are: Europe and Greece's default scenario; the upcoming French and US elections; wealth inequality in the US; the apparent US economic recovery; and an open Q&A session.
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The Greek economist explains why the Euro crisis should not simply be seen through the prism of a famous Aesop fable. more »
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Basic prospects for the US economy in 2012, opened this month's update. Twenty minutes in, Wolff turns to the problems now shaking European capitalism: (1) the financial and social costs and implications of European governments' debts and austerity programs aimed to alleviate those debts, and (2) conflicts over Greece's debts and default scenarios. Emphasis was placed on the impact of Europe's crises on the US economy in 2012.
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Noted author, political economist and activist, Richard Wolff in conversation with Robert Ovetz PhD at San Rafael CA, on 7 January 2012.
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Professor Varoufakis proposes a decentralized system for europe in order to transform it before the crisis of the system crashes Europe. He studies all the different possibilities of actions that can be taken and explains why his proposal is the best option.
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Three years after the near collapse of global financial markets, America is still struggling with unemployment, debt, and foreclosure. European governments are teetering on the brink of bankruptcy — and the world's billionaires are getting richer faster than ever before. The current situation is not sustainable; but what changes need to be made to overcome this mounting crisis of our world economic system? How radical an adaptation will be required? David Harvey, the brilliant theorist and scathing critic of postmodern society, looks at what the future holds for global capitalism.
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Wolff is Emeritus Professor of Economics at the University of Massachusetts, Amherst, and visiting professor at New School University. He is the author of several books, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. more »
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Palast discusses his new book Vultures' Picnic, corporate collusion, the bought-and-paid-for-media establishment, the role of citizen journalism around the Occupy Wall Street Movement and the value of organisations such as Project Censored.
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The Distinguished Professor at the City University of New York gave a talk to Occupy London protestors.
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Long before the meltdown, one woman tried to warn about a threat to the financial system...
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The story of the bankers who crashed the world, the leaders who struggled to save it and the ordinary families who got crushed. more »
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Max Keiser interviews the ‘News Dissector’.
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Carry on Thinking: the rise of the modern ‘Think Tank’ and how they have made thinking impossible.
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Stacy Herbert and Max Keiser observe the British shock that there is no society, followed by a talk with former bank regulator William K Black about the absence of justice for banking crimes and whether or not the population plays a role in demanding this justice.
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Coalition of Resistance and BARAC public meeting, Central London, 11 August 2011.
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Why are countries having austerity measures imposed upon them? This film provides a comprehensive analysis of the global financial crisis of 2008. Through exhaustive research and extensive interviews with key financial insiders, politicians, journalists and academics, the film traces the rise of a rogue industry which has corrupted politics, regulation and academia.
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Investigative journalist, filmmaker and author, Danny Schechter discusses his latest movie, Plunder: The Crime of Our Time. It features interviews with industry insiders to reveal how the financial crisis was built on a foundation of criminal activity. more »
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New three-part documentary series by Adam Curtis that claims that computers have failed to liberate us, and instead, have “distorted and simplified our view of the world around us”. more »
Part 1: Love and Power
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Part 2: The Use and Abuse of Vegetational Concepts
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Part 3: The Monkey in the Machine and the Machine in the Monkey
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From its extraction through sale, use and disposal, all the stuff in our lives affects communities at home and abroad, yet most of this is hidden from view. This short film looks at the underside of our production and consumption patterns.
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Max Keiser talks to Taki Oldham, director of The Billionaires Tea Party, about tea parties, astroturfing and Ayn Rand. Find out more about Oldham's film here: http://www.billionairesteaparty.com/.
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It's more than two years since the giant banks were bailed out with billions of pounds of tax-payers' money, yet little has been done to reform or regulate these vast institutions. Robert Peston looks at how the international regulators, a little-known and secretive committee that sits in the Swiss city of Basel, have consistently failed to curb the excesses of the giant banks and how new proposals fall short of the root-and-branch reform promised after the crash. more »
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Max Keiser talks to author and documentary filmmaker Greg Palast about whether it is peak oil or oil dictatorships that are the bigger threat to the global economy.
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With more than twenty millionaires in the Conservative cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the coalition. George Osborne says “we're all in this together” but are ministers and top Tories paying the same rates of tax as the rest of us? Barnett visits a number of offshore tax havens around the world still under British control, to find out more about tax avoidance ploys.
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George Galloway interviews Glasgow University professor Greg Philo, who has an ingenious way to pay off the national debt: privatise it. In a YouGov poll, 74 percent of the population would favour a one-off tax of the wealthiest six million people in the UK. Philo is research director of the Glasgow Media Group. more »
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Moore's latest film comes home to the issue he's been examining throughout his career: the disastrous impact of corporate dominance on the everyday lives of Americans.
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Based on Naomi Klein's bestselling book, The Shock Doctrine argues that America's ‘free market’ policies have come to dominate the world through the exploitation of disaster-shocked people and countries. Both the film and book argue that governments all over the world exploit natural disasters, economic crises and wars to push through radical free market policies. Klein calls this ‘disaster capitalism’. The film concludes that the result is often catastrophic for ordinary people and hugely beneficial to big corporations. more »
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Fraud, corruption, incompetence, cover-up; these ‘banksters’ and their cronies in government should be prosecuted and jailed — that would help restore confidence in the system. Bill Moyers interviews William K Black on what caused the economic meltdown and what can be done to begin solving the crisis. more »
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Investigating the US financial meltdown, this film reveals the ruined lives, crooked banks and the stupidity that brought it all about. Lays bare the bankers' addiction that drove world markets into recession. It was obvious what was happening but Wall Street couldn't stop itself. more »
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A satirical four-part look at the global financial system.
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Originally produced in the mid-1990s, this film remains the most authoritative account of the Crash of 1929, and includes rare testimony from the people who worked on Wall Street at the time.
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As the credit crunch bites and a global economic crisis threatens, Robert Peston reveals how the super-rich have made their fortunes, and the rest of us are picking up the bill.
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This is a story about the money-laundering game involving Russian gangsters, corrupt officials, impoverished South Pacific islands and some of the world's most reputable banks. See how $200-500 billion was looted from the Russian economy through virtual offshore banks.
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Damian Lewis travels to Bolivia to investigate the effects of privatisation in three key markets: water, gas and milk. President Evo Morales's recent victory was fuelled by large-scale protests against water and gas privatisations.
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Pilger examines the policy of First World banks agreeing loans with Third World countries, who are then unable to meet the crippling interest charges, resulting in the systematic stripping of natural resources and a steep rise in poverty.
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Pilger explores the impact of globalisation, taking Indonesia as his prime example, a country that the World Bank described as a “model pupil” until its “globalised” economy collapsed in 1998. Under scrutiny are the increasingly powerful multinationals and the institutions that back them, notably the IMF and The World Bank.
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Forty years ago, a group of economists managed to convince British politicians that they had foolproof technical means to make Britain great again. This film tells the saga of how their experiments led the country deeper into economic decline.
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Italian banker Roberto Calvi was found dead in 1982 in London. Known as God's banker for his links with the Vatican, Calvi was the chairman of Banco Ambrosiano and a central figure in a complex web of international fraud. Did the P2 masonic lodge arrange to have him silenced?
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A BBC report, broadcast on 14 July 1982, with some background to the Calvi case.
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Four-part series that looks at the rise of business and the decline of political power. Adam Curtis reveals massive corruption of the British government by corporations and the global markets.
Part 1: Who Pays Wins
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Part 2: Entrepreneur Spelt S.P.I.V.
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Part 3: Destroy the Technostructure
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Part 4: The Twilight of the Dogs
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What are the forces that shape and propel American militarism? This award-winning film provides an inside look at the anatomy of the American war machine. Is American foreign policy dominated by the idea of military supremacy? Has the military become too important in American life? Jarecki's shrewd and intelligent polemic would seem to give an affirmative answer to each of these questions.
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Unofficial Why We Fight promo:
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Former respected member of the international banking community, John Perkins describes how he helped the US cheat third-world countries out of trillions of dollars.
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Panorama travelled the world to create “The dollar a day dress” — a symbol of how the world trade system harms the poor. Steve Bradshaw travelled from the Sahara to the Andes to discover some of the harsh truths about free trade and its impact on the developing world.
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An account of the April 2000 protests against the IMF and World Bank. Looks into the issues behind the protests such as IMF/World Bank policies and international militarism, ecologically devastating development projects, food production and poverty within the First World.
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A revealing documentary about the international world of private equity banking.
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