Economic Update – June 21, 2019

Economic Update

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. Click Here to listen to the current episode of Economic Update with Richard D. Wolff.

Upcoming Episode

Economic Update

A New Labor Movement Rising

this episode is no longer available

Updates on US church membership and its tax subsidies, Toyota and Merkel slam US economic nationalism, 40 US states sue price-gouging pharma firms, Trump (“self-described “tariff man”) does not understand that Americans pay all tariffs he imposes, Mothers’ Day and the minimum wage, capitalism and politicians’ corruption. Interview Neha Mathew-Shah, Pres., Progressive Workers Union.


Economic Update

The 3 Basic kinds of Socialism

this episode is no longer available

As ever more people become anti-capitalist and look toward socialist alternatives, it is important to grasp key differences among the alternative kinds of socialism. This program explains those differences among (1) the moderate or “democratic” socialism ( a la Scandinavia), (2) the communist kind of socialism (in the USSR and People’s Republic of China, and … Continued


Economic Update

Understanding Marxism

this episode is no longer available

This special edition of “Economic Update” is devoted to Understanding Marxism, the title of a short new book just published by Democracyatwork. Today’s program, like the book, explains Marxism‘s systemic insights into capitalism now. We discuss Marxism‘s basic criticisms of capitalism and also its complex relationship to socialism. Finally, we offer a survey of the last century of Marxism‘s … Continued


Economic Update

Economic Update – May 24, 2019

this episode is no longer available

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. Click Here to listen to the current episode of Economic Update with Richard D. Wolff.


Economic Update

Economic Update – May 17, 2019

this episode is no longer available

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. Click Here to listen to the current episode of Economic Update with Richard D. Wolff.


Economic Update

Economic Update – May 10, 2019

this episode is no longer available

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. Click Here to listen to the current episode of Economic Update with Richard D. Wolff.


Economic Update

Lawyers vs the System

this episode is no longer available

Updates on US college students as share-croppers for investors, on conservatives’ fake opposition to gov’t intervention in the economy, on deepening inadequacy of retirement savings of US baby boomers, and on how fading US middle class leads many first to blame/scapegoat foreigners, then fellow citizens. Interview Michael Steven Smith on new book, Lawyers for the … Continued


Economic Update

Capitalism versus Socialism

this episode is no longer available

This over 200-year debate and struggle has become confused and confusing. Too many different definitions make honest, balanced discussions and evaluations of these alternative systems difficult. Because socialism is rising yet again to challenge capitalism, the debate now must take account of the terms’ new and different meanings. We do that here in arguing for … Continued


Economic Update

The #MeToo Movement

this episode is no longer available

Updates on Chicago in change, decline of world trade, New York’s “congestion pricing,  IMF on Trump trade war and hi-tech monopolies, 7 states sue Ag Dept over school lunch deregulations, Trump cautions audience “Don’t underestimate “the power of socialism to get a vote.” Interview with Dr. Harriet Fraad on causes of the #MeToo movement.


Economic Update

Economic Update: Venezuela

this episode is no longer available

On this week’s show, Prof. Wolff presents updates on Brexit and Mueller Report, Chicago is new site of labor upsurge, how income shapes education and thus “merit,” why objections to Green New Deal and Medicare for All are mistaken, how a fascistic “punish the poor” mentality rises in US. In the second half of the … Continued