US Hegemony is Already Over, Most Just Haven't Noticed | Richard Wolff

US Hegemony is Already Over, Most Just Haven't Noticed | Richard Wolff

From WTFinance by Anthony Fatseas

June 12, 2026 · 44 min

About this episode

In this episode, Richard Wolff discusses the decline of US hegemony and its implications for the global economy and geopolitics.

The Mercantilist Restoration - https://anthonyfatseas.substack.com/p/the-mercantilist-restoration-how?r=1ni7opInterview recorded - 10th of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Professor Richard Wolff. Richard Wolff is Professor of Economics Emeritus at the University of Massachusetts Amherst, and has been described as probably America's most prominent Marxist economist. He is the host of Economic Update and the author of Capitalism Hits the Fan. During our conversation we spoke about the current situation in the economy and geopolitics, the uncertainty in the economy, BRICS enemies of the West, the end of the US hegemony and more. I hope you enjoy!0:00 - Introduction3:37 - Current thoughts on economy and geopolitics8:51 - Geopolitical uncertainty linked to economy?15:42 - Iran conflict resolved?22:27 - BRICS enemies of the West33:56 - US hegemony42:03 - 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…

People in this episode

Host: Anthony Fatseas

Guest: Richard Wolff

Topics covered

  • US hegemony
  • geopolitics
  • economy
  • BRICS
  • geopolitical uncertainty

Keywords

  • US hegemony
  • economy
  • geopolitics
  • BRICS
  • Richard Wolff

Mentioned in this episode

Organizations: University of Massachusetts Amherst, Economic Update

Books & works: Capitalism Hits the Fan

Places: Iran, BRICS, United States

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