Economic Update

Economic Update – September 15, 2023

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

Profit & Inequality: Two Driving Forces of Capitalism-Economic Update – September 8, 2023

Updates on economists favoring rent control, leading global capitalists resent/resist US China-bashing, urgent drug shortages in US and a public pharma industry. Major discussion of causes of rising US economic inequality since the 1960s and its socially explosive political effects. Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally … Continued


Economic Update

Rebuilding Families Amidst a Crumbling Economy- Economic Update – September 1, 2023

Updates include how US labor rediscovers the general strike as WGA and SAG-AFTRA strikes merged in LA and allied with hotel workers,’ teamsters’, and teachers unions; drug-producing firms’ profiteering cause shortages of needed medications; new research proves affirmative action for “legacy” students from rich, white families at Harvard, Yale and other elite schools, US domestic … Continued


Economic Update

Capitalism Versus Socialism (Repeat)-Economic Update – August 25, 2023

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

Economic Update – August 18, 2023

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 – July 28, 2023

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 – July 21, 2023

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

CHINA: CAPITALIST, SOCIALIST, OR WHAT? – Economic Update – July 14, 2023

On this week’s episode, Prof. Wolff talks about the Chinese economy. China is run by a Communist Party but describes itself as socialist, while the employer/employee structure of its enterprises is capitalist. We examine what this means for (a) its place in the world economy, (b) its place in the transition from capitalism to socialism/communism, … Continued