Richard D. Wolff is Professor of Economics Emeritus at the University of Massachusetts Amherst and a visiting professor in the Graduate Program in International Affairs at The New School. He is also co-founder of Democracy at Work and host of Economic Update. In this episode, Richard and Robinson discuss Donald Trump, socialism in the United States, and Richard’s disagreements with Victor Davis Hanson. More particularly, they talk about Richard’s case against Trump, his criticisms of Hanson’s understanding of socialism, American power, European colonialism, Russia and NATO, and Israel. They also discuss James Talarico and Abdul El-Sayed, the history of American socialism, the minimum wage, money in politics, Thomas Massie, JD Vance’s relationship with Peter Thiel, and Richard’s experience running for city council. Richard’s books include Understanding Capitalism (Democracy at Work, 2024).
Richard’s Website: rdwolff.com
Democracy at Work: democracyatwork.info
Understanding Capitalism: democracyatwork.info/understanding_capitalism
OUTLINE00:00:00 Introduction00:01:03 Republicans Should Vote (About) Trump!!!00:07:05 America Is Getting Weaker!00:11:53 Trump’s America Is Over00:14:14 Trump’s America Has Forgotten Its History00:19:12 Is There Still a Good Case for Trump?00:26:23 Trump’s Promises He Cannot Keep!00:34:53 Recap: Richard Wolff vs Victor Davis Hanson 202600:41:06 The Red Scare in the Cold War00:44:23 Victor Davis Hanson Doesn’t Understand Socialism!00:48:06 Victor Davis Hanson Equates Socialism and Immigrants01:05:01 Trump and Europe’s Colonialism Is Over!01:08:48 Russia Is a Victim of NATO01:11:24 Israel Has Been Bombed01:15:52 Richard Wolff’s Problem with James Talarico01:25:22 Socialists Ruled the United States01:28:28 The Rich Screwed the Poor on the Minimum Wage01:33:08 Why Don’t Socialists Want Trump’s Free $5,000?01:35:18 Why Money Must Get Out of Politics01:44:41 Does Abdul El-Sayed Have “the Gift”?01:48:27 French Socialism vs American Socialism01:54:43 Why Americans Can’t Get into Socialism02:03:16 Richard Wolff Is Struck by Thomas Massie02:04:50 When Richard Wolff Ran for City Council02:09:20 JD Vance Is Funded by Peter Thiel!02:16:53 What Is Democracy at Work?
Robinson Erhardt researches symbolic logic and the foundations of mathematics at Stanford University, where he is also a JD candidate in the Law School.
