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Professor Richard D. Wolff

@profwolff.bsky.social
14K followers 18 following 626 posts

Professor of Economics Emeritus University of Massachusetts Founder/Director Democracy At Work #WeCanDoBetterThanCapitalism Follow: bsky.app/profile/democracyatwork.bs… website: www.RDWolff.com website: www.DemocracyAtWork.info

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Professor Richard D. Wolff @profwolff.bsky.social · 06/09/2026
#WolffBites: Pres says economy "great." But delinquency rate among sub-prime auto loans is now over 5%. After rising the last 4 years it is now higher than at any time during the last 20 years.
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Professor Richard D. Wolff @profwolff.bsky.social · 04/09/2026
Hello friends please join me as I will be discussing the historic rise and ongoing fracturing of US hegemony at IAI TV's upcoming event RSVP here: t.co/yOrjjaCY8v
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Professor Richard D. Wolff @profwolff.bsky.social · 31/08/2026
#WolffBites: Corporate profits decline from 10% to 8% from 1947 to 1980. Then they rise to over 18% in 2026. Trump especially was very good for profits.
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Professor Richard D. Wolff @profwolff.bsky.social · 10/08/2026
#WolffBites: US working class's DECLINING share of national income follows the decline since 2000 of the US empire. Those at the top gathered around the Trump regime offloading the costs of the empire's decline onto the working class below them.
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Professor Richard D. Wolff @profwolff.bsky.social · 06/08/2026
#WolffBites: Proof US workers are right. US capitalism squeezes them while corporate profits soar (especially under Trump)
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Professor Richard D. Wolff @profwolff.bsky.social · 03/08/2026
#WolffBites: If AI models are our technical future, China has the best and cheapest, not the US. Like electric vehicles, solar panels, batteries, etc.
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Professor Richard D. Wolff @profwolff.bsky.social · 16/07/2026
#WolffBites: Hard threatening faces will scare children. Only a cringing Secretary of the Treasury could put that face on a new US $ 1 gold coin.
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Professor Richard D. Wolff @profwolff.bsky.social · 14/07/2026
#WolffBite: On Bastille Day, celebrating France's 1789 revolution, we are reminded that revolutions happen when people lose confidence in social institutions (see Gallup poll below).
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Professor Richard D. Wolff @profwolff.bsky.social · 29/06/2026
#WolffBites: Americans increasingly cannot afford to buy homes because US capitalism raises home prices much faster than individual incomes. So much for "our great economy."
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Professor Richard D. Wolff @profwolff.bsky.social · 06/05/2026
#WolffBites: US airfares have risen 24% already in first half of this year.....far, far above general inflation. How US airlines pass costs of Iran war onto US consumers.
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Professor Richard D. Wolff @profwolff.bsky.social · 19/03/2026
#WolffBites: US has worst maternal death record in the industrial world. Situation worsened in recent decades. Yet another cost of having a failed profit-profit-driven healthcare system.
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Professor Richard D. Wolff @profwolff.bsky.social · 18/03/2026
#WolffBItes: A changed world economy frustrated (1) collective West-Ukraine war against Russia and (2) US-Israel war on Iran. Will that lesson be learned?
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Professor Richard D. Wolff @profwolff.bsky.social · 04/03/2026
#WolffBites: Latest Gallup poll shows for FIRST time more Americans sympathize with Palestine than with Israel. Result when US colleges/universities punish/repress pro-Palestinian students and faculty.
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Professor Richard D. Wolff @profwolff.bsky.social · 13/02/2026
Hello friends, next month myself alongside @shahramazhar.bsky.social will be presenting “Marxian Class Analysis”, an Online Course. This is part of the Left Education Project organized by @democracyatwork.bsky.social and #LeftForum You may register at: www.eventbrite.com/e/marxian-cl...
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Professor Richard D. Wolff @profwolff.bsky.social · 29/01/2026
#WolffBites: USSR's decline left US empire to reach its peak. World's central banks exchanged gold for US dollar treasuries. As US empire goes into decline after 2000 and China rises.... Those banks shift back from US treasuries to gold.
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Professor Richard D. Wolff @profwolff.bsky.social · 22/01/2026
#WolffBites: The biggest threat to US capitalism is this inequality: 20% richest do 59% of total consumer spending that keeps economy going, but poorest 80% do only 41% of spending. Capitalism keeps producing the inequality that destroys it.
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Professor Richard D. Wolff @profwolff.bsky.social · 08/01/2026
#WolffBites: Job prospects in the US worse today than at any time over the last 12 years (worse even than during the pandemic).
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Professor Richard D. Wolff @profwolff.bsky.social · 03/01/2026
#WolffBites: Americans who can buy foreign passports are doing so in record numbers. Do you wonder why that might be? www.bloomberg.com/explainers/h...
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Professor Richard D. Wolff @profwolff.bsky.social · 24/12/2025
World trade growth remains steady across 2025, but US trade growth declines and falls below 0 at year's end. Rough 2026 ahead. www.bloomberg.com/news/newslet...
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Professor Richard D. Wolff @profwolff.bsky.social · 03/12/2025
Hello friends, This is an important article written by Chris G. Beck - If you are free and in New York Please join myself and Chris at the “People’s Forum” in New York City RSVP Here: shorturl.at/u3pIQ democracyatwork.substack.com/p/mamdanis-s...
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Professor Richard D. Wolff @profwolff.bsky.social · 06/11/2025
#WolfBites: ZOHRAN MAMDANI...
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Professor Richard D. Wolff @profwolff.bsky.social · 27/10/2025
#WolffBites: "Delusion"
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Professor Richard D. Wolff @profwolff.bsky.social · 21/10/2025
#WolffBites: Thanks to Trump and Kennedy........................... x.com/dr_andrealov...
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Professor Richard D. Wolff @profwolff.bsky.social · 02/10/2025
#War ...
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Professor Richard D. Wolff @profwolff.bsky.social · 29/09/2025
AI.. www.axios.com/newsletters/...
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Professor Richard D. Wolff @profwolff.bsky.social · 24/09/2025
#WolffBites: This graphic shows the economic decline/isolation of the US relative to the economic rise of China and growth of its BRICS alliance. sonar21.com/the-turning-...
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Professor Richard D. Wolff @profwolff.bsky.social · 16/09/2025
#WolffBites: Desperate inequality: richest 10% now do half of total US consumer spending. No wonder the other 90% are increasingly upset and angry.
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Professor Richard D. Wolff @profwolff.bsky.social · 14/09/2025
#WolffBites: "From the New Deal to the Bad Deal"...
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Professor Richard D. Wolff @profwolff.bsky.social · 15/08/2025
It was liberals - now called "centrists" in both parties - who passed the laws giving presidents the powers now used against them. The centrists aimed to use that power against leftists. Ironically the far right now uses it against the centrists. - Meme credit: @redneckgonegreen.bsky.social
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Professor Richard D. Wolff @profwolff.bsky.social · 23/07/2025
#WolffBites: Inflation of ice cream hits a new high in hurting every family's budget. Meanwhile our "leaders," watching the stock market, celebrate how "good" the economy is. www.axios.com/newsletters/...
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Professor Richard D. Wolff @profwolff.bsky.social · 01/07/2025
Huge tax cuts for corporations and the rich means cuts to programs people need, plus $ trillions more US govt borrowing. Out of control capitalism, driven by the rich to get ever richer. This will end badly.
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Professor Richard D. Wolff @profwolff.bsky.social · 02/06/2025
#WolffBites: Around the world favorable attitudes toward China rise while they fall for the US. Trump's election, inauguration, policies sharply damage US's world reputation.
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Professor Richard D. Wolff @profwolff.bsky.social · 09/05/2025
#WolffBites: A declining US empire leads the rich and corporations to their current attack on Social Security (staff and service cuts plus threats to payments). Yet Americans need social security more than ever.
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Professor Richard D. Wolff @profwolff.bsky.social · 03/05/2025
#WolffBites: Trump's new budget (for 2025-6) shows his real priorities: military, police, ICE. His budget shows biggest cuts for housing, healthcare, and infrastructure. Old GOP priorities on steroids.
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Professor Richard D. Wolff @profwolff.bsky.social · 02/05/2025
#WolffBites: The last many Presidents all promised to return manufacturing to the US. All failed. Trump promises the same but looks likely to fail too. Capitalism is our problem, not our solution. Our presidents dare not admit that. www.bloomberg.com/news/newslet...
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Professor Richard D. Wolff @profwolff.bsky.social · 30/04/2025
#WolffBites: Trump tariff/trade war with China crushes US farmers' markets already in 2025. Another costly bailout for them from US taxpayers? China will get its soybeans from its BRICS partner, Brazil. www.axios.com/newsletters/...
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Professor Richard D. Wolff @profwolff.bsky.social · 24/03/2025
Waiting and worrying as Musk chainsaws jobs, recession looms, and "everybody knows."
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Professor Richard D. Wolff @profwolff.bsky.social · 24/02/2025
#WolffBites: German election shows dramatic rise in support for far left parties (Die Linke and BSW). Together they got 13.75% or 1 in 7 voters. Far right got 1 in 5 German voters but all US media attention. Don't be fooled. www.google.com/search?q=Die...
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Professor Richard D. Wolff @profwolff.bsky.social · 19/02/2025
Systemic US racism fell little since 1980s. Home ownership data show 3 decades of DEI changed little. Trump smashing DEI is mostly fake symbolism for his base, to get them to accept the austerity Trump will dump on them.
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Professor Richard D. Wolff @profwolff.bsky.social · 12/02/2025
#WolffBites: The United States is unique not only its current leadership but also in failing to provide paid maternity leave to its working people. 99% of the rest of the world does provide that. strategic-culture.su/news/2025/01...
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Professor Richard D. Wolff @profwolff.bsky.social · 15/01/2025
I am looking forward to the live #GlobalCapitalism sponsored by @democracyatwork.bsky.social and #TheLeftForum This Saturday, January 18th in Brooklyn I will be joined by Dr. Wilmer Leon Dr. Harriet Fraad and @serena5.bsky.social #capitalism #economics Register here: tinyurl.com/amsbnska
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Professor Richard D. Wolff @profwolff.bsky.social · 12/12/2024
USA today: almost 3 million families headed by single moms live in poverty while a small portion of Elon Musk's wealth would solve their poverty problems many time over. The injustice of inequality.
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Professor Richard D. Wolff @profwolff.bsky.social · 04/12/2024
#WolffBites: Gov't for sale price list. Rich donors pay $ millions for inauguration events plus, of course, influence over what gov't does. Meanwhile children are taught to call this "democracy."
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Professor Richard D. Wolff @profwolff.bsky.social · 28/11/2024
On immigration at Thanksgiving: maybe us European descendants should be thankful that indigenous people did not deport us (yet).
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Professor Richard D. Wolff @profwolff.bsky.social · 22/11/2024
Construction and food employ millions of undocumented immigrants (who pay taxes, contribute to social security, etc.). Deport them and replace with US citizens will raise costs and prices especially there. So deportation worsens inflation. Trump stumped.
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