10:00 AM Pacific Time: Fridays
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores government policies, alternative ways to organize, and markets.
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores alternative ways to organize, markets, and government policies.
The central concept of Marx’s contribution to a critical understanding of the capitalist economic system – the entry point into his distinctive analysis – is “the surplus.” Today’s show is devoted to making clear (1) what the surplus is, (2) how and why the surplus is central to understanding capitalism’s key features, and (3) how … Continued
This week on Economic Update, Professor delivers updates on the so-called Social Security Crisis, the gross inequality of stock ownership in the U.S. today, the exploited and underpaid non-tenure track faculty (“adjuncts,” etc.) who are joining unions, especially the UAW, which won a union election on June 3 at the University of Southern California, which … Continued
This week’s Economic Update is devoted to the why and how of China’s passage from abject poverty and colonial humiliation to become – in unprecedented, record historical time – a superpower economy challenging the US today. Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program … Continued
This week on Economic Update, Professor delivers updates on the big union wins for 40,000 workers in the UC system, the ongoing strike of graduate student workers at Harvard, and basic statistics on the extent of hunger in US households (between 1 in 7 and 1 in 5 households). In the second half, Professor Wolff … Continued
On this weeks episode of Economic Update, Professor delivers updates on why and how worker co-ops are a strategic direction for socialism, and Europe’s deindustrialization. The second half features an interview with Anne McGrew and Will Chaney about the Center for Popular Economics and its work since 1978, teaching economics in ways that neither college … Continued
This week on Economic Update, Professor Wolff briefly discusses two current large strikes by workers fighting back: the British Columbia nurses in Canada and the commuter rail workers in New York (LIRR). The rest of todays episode is an analysis of the 7.4 million Americans who are unemployed today, the causes and effects of that … Continued
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores alternative ways to organize, markets, and government policies.
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores alternative ways to organize, markets, and government policies.
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores alternative ways to organize, markets, and government policies.
This week’s Economic Update focuses on 3 major teachers unions struggling with LA Unified School District, the rising US electricity costs and the corrupted utility commissions that run the power utilities, as well as looking at from 1990 to 2025 there was extreme US redistribution of wealth from lower 99% to richest 1%. Interview with public … Continued
