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.
The left-wing surge of the US working class during the 1930s Great Depression forced the Democratic Party to make the US govt serve the working class more than it ever had before or since. It was called the New Deal. In reaction, the US employer class, angry that gov’t programs for the people were paid … Continued
This week’s updates covers Trump ending Housing First, Spain goes for a wealth tax, Trump disqualifies unions at government agencies, France’s mass movement on September 10th against the Macron government, and Air Canada’s strike by flight attendants who defied the government back-to-work order and won against both the Canadian government and their employer, Air Canada. … Continued
Professor Wolff explains what deficits are and why the capitalist system enables and invites employers to cause them. He then proceeds to explain how deficits both solve specific problems of capitalism while also causing others. Over time, problems accumulate to undermine the credit of the US and bring economic crisis. Modern Monetary Theory (MMT) is … Continued
In this week’s episode of the “Best Of Economic Update Series,” we examine a comparison between the economic failures we face today caused by the same political forces and capitalists that we have encountered before, as well as the causes and effects of economic policies proven to fail. Economics Professor Richard D. Wolff and guests … Continued
This week on Economic Update, we take a look back at some of Prof. Wolff’s guest interviews from years past that still echo in today’s global socio-economic setting. We hope you’re enjoying this “Best Of” series. We will return to regular weekly updates on Labor Day, and as always, we thank you for your attention, … Continued
This week on Economic Update, we revisit two of the most viewed episodes of Economic Update. The first features Professor Wolff’s analysis of the key changes driving the emergence of a new economic world order, and the second provides a look at the causes and effects of China’s economic achievements. Economics Professor Richard D. … Continued
This week on Economic Update, we take a look back at Donald Trump’s first term as president through the lens of psychology with Dr. Harriet Fraad. She explains what could have led people to vote for him instead of the alternative, and provides a backdrop of the socio-economic situation facing his supporters at that time. … 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. Click Here to listen to the current episode of Economic Update with Richard D. Wolff.
On this week’s episode of Economic Update, Professor Wolff provides updates on Medicare advantage and “pre-authorization” as a way to reduce Medicare payments, liberals and radicals split over Mamdani, Trump’s current budget further deepens the inequality of wealth across the US, and Mexico attends the BRICS meeting in Rio de Janeiro. In the second part … Continued
On this week’s episode of Economic Update, Professor Wolff delivers updates on the political theater, of the U.S./Iran hostilities, the political shock of Zohran Mamdani’s Democratic primary win in New York City, the withdrawal of union leaders from the Democratic National Committee, and the rising trade among BRICS crosses the $1 trillion milestone. In the … Continued
