Global Capitalism

Global Capitalism (GC) is a live virtual event featuring Richard D. Wolff. These programs begin with short updates on important economic events of the last months, then Prof Wolff examines a larger topic. Through this series, we hope to develop all participants’ understanding and ability to explain current economic events and trends to others.

An Economic Analysis of the War On Iran 03/16/2026

Capitalism’s Third World War 01/23/2026

Why So Much Costs Too Much and What to do About it 11/19/2025

On This May Day 05/08/2025

The Old Cold War Fades, A New One Expands 03/14/2025

What Trump 2.0 Means 01/23/2025

The U.S. Election and Trump 2.0 in Historical Perspective [November 2024] 11/21/2024

West in Turmoil 2024: Big Elections, Big Social Changes 09/12/2024

The Decline of the US Empire [July 2024] 07/11/2024

A Marxist Critique of Capitalism for 2024 [May 2024] 05/09/2024

A May Day 2024 Special [May 1st, 2024] 05/03/2024

A May Day 2024 Special [May 1st, 2024] Today we offer a very special Global Capitalism special in honor of “May Day” Today's May Day Special, a collaborative effort with long-time contributor Charles Fabian, opens with the major causes for why May Day 2024 is so special. These include the fact that the great crash of global capitalism in 2008-2009 shook the world in ways that include shocking a declining US labor movement back to life and growth. We saw that in 2011 when the Occupy Wall Street movement shook the US and beyond again. Then the "Fight for $15" swept across low-wage America as it still does. Then a socialist named Bernie Sanders rose to prominence and changed how millions of Americans viewed the economy and could see the need to vote for a direct challenge to capitalism. Nor did the pandemic slow down the growth of an anti-capitalist left that shows up these days as a 70% approval rating for unions in the Gallup poll and for hugely successful unionization drives in low-wage areas like Amazon and Starbucks, in auto plants in the US south, in militant new union leaderships elected in the Teamsters and the UAW. May Day - the international celebration of the working class - has much to cheer for in 2024. And the international context is special too. The US-led, formerly dominant G7 no longer presides over world capitalism unchallenged. The BRICS - China and its allies - are a new alternative leadership of the world economy with a much more ambiguous relationship to capitalism. May Day 2024 welcomes nothing less than a new world economy and one far more favorable to working-class struggles than we have seen in years. Special messages to our audience: Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more (www.democracyatwork.info/donate). Follow Democracy at Work on X (Twitter) and YouTube. Our four Democracy at Work books, three by Richard Wolff (Understanding Marxism, Understanding Socialism, and The Sickness is the System: When Capitalism Cannot Save Us from Pandemics or Itself) are for sale on Lulu.com. Find direct purchase links on our website ( www.democracyatwork.info/books ), or find them directly on Lulu ( www.lulu.com/spotlight/democracyatwork ) Your support helps to produce and distribute these talks. Thank you. Co-Sponsored by The Left Forum Please help sponsor Global Capitalism by becoming a monthly donor to Democracy at Work. Go to our website to learn more Follow us on X (formally known as Twitter) at: @ProfRDWolff @DemocracyAtWrk /episode/index/show/globalcapitalism/id/31104633