The End of the American Empire with Professor Richard Wolff

Interview recorded - 4th of February, 2026On this episode I have the pleasure of welcoming back Professor Richard Wolff. Professor Wolff is a well-known critic of an alternative contemporary economic system, host of the Economic Update and Founding Director of Democracy at work. During our conversation we spoke about his economic outlook, the Chinese having the reserve currency, conflict between allies, Europe resting on its laurels, the impact of AI and more. I hope you enjoy!0:00 - Introduction0:59 - Current outlook in the economy10:22 - Yuan reserve currency?12:48 - Conflict between allies19:21 - Europe resting on their laurels26:29 - How is this resolved?32:57 - AI impact?40:05 - One message to takeaway?Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City.Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.Prof Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update. Professor Richard Wolff:Democracy at work: https://www.democracyatwork.info/Website: https://www.rdwolff.com/X: https://x.com/profwolffYouTube: @RichardDWolff WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas