Dr. Richard D. Wolff - A Critic Of Capitalism. Marxist economist Richard Wolff points out many of the negative consequences of capitalist disease and offers a cure. Democratize the Enterprise, in other words give rights and power to workers and move to a more socially responsible economy that doesn't leave over half of the people in America (The richest country in the history of the world) either poor or low income with historic levels of wealth and income inequality among other cruel and inhuman aspects of capitalism.
Richard David Wolff (born April 1, 1942) is an American Marxian economist, well known for his work on Marxian economics, economic methodology, and class analysis. He is Professor of Economics Emeritus, University of Massachusetts, Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, University of Utah, University of Paris I (Sorbonne), and The Brecht Forum in New York City.
In 1988 he co-founded the journal Rethinking Marxism. In 2010, Wolff published Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It, also released as a DVD. He released three new books in 2012: Occupy the Economy: Challenging Capitalism, with David Barsamian (San Francisco: City Lights Books), Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick(Cambridge, Massachusetts, and London: MIT University Press), and Democracy at Work (Chicago: Haymarket Books).
Wolff hosts the weekly hour-long radio program Economic Update on WBAI, 99.5 FM, New York City (Pacifica Radio) and is featured regularly in television, print, and internet media. The New York Times Magazine has named him “America’s most prominent Marxist economist”. Wolff lives in Manhattan with his wife and frequent collaborator, Dr. Harriet Fraad, a practicing psychotherapist.