Patreon: https://bit.ly/3v8OhY7Richard Wolff is Professor Emeritus of Economics at the University of Massachusetts Amherst and a visiting professor at The New School, where he works on economics in the Marxist tradition. This is Richard’s fourth appearance on Robinson’s Podcast. In episode #127, he and Robinson discussed some of the most profound criticisms of capitalism; in #154, they focused on the myths surrounding Marxism and Marx himself; and in #190 they covered the Israel-Palestine conflict from a Marxist perspective. In this wide-ranging episode, Richard and Robinson talk about the end of the American empire. More particularly they discuss the wars in Russia, Ukraine, Israel, and Palestine, the rivalry between China and the United States, the global interplay between capitalism and socialism, the distinction between socialism and communism, the conflict between the BRICS and G7 nations, and more. Richard’s latest book is Understanding Capitalism (Democracy at Work, 2024).Understanding Capitalism (Book): https://www.democracyatwork.info/understanding_capitalismClass Theory and History (Book): https://a.co/d/ht4trZNUnderstanding the 2024 Elections (Article): https://asiatimes.com/2024/08/capitalism-mass-anger-and-2024-elections/Richard’s Website: https://www.rdwolff.comEconomic Update: https://www.democracyatwork.info/economicupdateOUTLINERobinson’s Website: http://robinsonerhardt.comRobinson Erhardt researches symbolic logic and the foundations of mathematics at Stanford University. Join him in conversations with philosophers, scientists, historians, economists, and everyone in-between.