“I fear we are really heading into a blind tsunami because of the blindness and the denial of the few at the top who are doing well.”
By Julianna Forlano
Julianna welcomes back recurring guest, Marxian Economist Professor Richard D. Wolff, to the show to discuss how Economists are warning Americans that while the recent unemployment numbers were surprisingly positive, the long-term consequences of the pandemic could be severe joblessness for millions of Americans faced with permanent unemployment. And according to Professor Richard Wolff, there has been a widespread understanding among experts that a whole raft of jobs would be disappearing in the next five to 10 years.
Wolff is an American Marxian economist, known for his work on economic methodology and class analysis. He is Professor Emeritus of Economics at the 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.
(Commoner Call photo by Mark L. Taylor, 2020. Open source and fee for non-derivative use with link to www.thecommonercall.org )