In this episode of The Source, we talk with Richard Wolff, professor emeritus of economics (University of Massachusetts) and founder of Democracy at Work, about the economics behind the Cold War between the United States and China. We also examine recent socioeconomic developments related to the Ukraine war. Finally, we take a look at the economic factors behind inflation and working class protests across Europe.
For more from Prof. Wolff, subscribe to Democracy at Work on Youtube: [ Ссылка ]
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ABOUT RICHARD D. WOLFF: Richard D. Wolff is 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 books include The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself, Understanding Socialism, and Understanding Marxism, which can be found at www.democracyatwork.info.
Interview topics:
0:00 Introduction
0:49 Economics of US-China Cold War
20:09 Ukraine Economic Developments
30:29 Inflation and Interests Rates
41:11 Working Class Protests in Europe
48:43 France's Pension Reform
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