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. Click Here to listen to the current episode of Economic Update with Richard D. Wolff.
Updates on the government shutdown’s very important lessons, US teachers oppose a declining capitalism imposing its costs on the people, and firing the big banksters leaves our big bank problems unsolved. Interview with journalist Julianna Forlano on economic costs and effects of a working mom in US capitalism today.
Prof. Wolff presents updates on (1) the US public education crisis (teacher strikes, declining quality, insufficient resources) and how it undermines the US’s economic future, (2) the absurdity of the government shutdown over an ineffective wall and a tiny portion of the government’s budget, and (3) how the schools crisis and the shutdown signal a … Continued
On this episode of Economic Update, Prof. Wolff begins with socialism’s history especially in the US: from being widely discussed up to 1945, then repressed in the Cold War, and now vigorously revived since 2008. He then examines socialism’s basic economic criticism of capitalism in the 20th century. And finally, he shows how and why … Continued
Updates on “yellow vests” spread to UK, book Dying for a Paycheck, the bail-in scam, paying for airplane seat assignments, and postal banking. Major discussions of tax reforms needed and deserved and gentrification as a market injustice. With Host Richard D. Wolff.
Updates on Luxembourg making all public transport free, Europe evading US sanctions on Iran, Saudi Arabia sleaze deals with Trump, Deutsche Bank corruption massive, Pompeo’s anti-China strategy contradicts Trump “nationalism.” Interview with journalist Bob Hennelly on politicians betraying workers’ and local citizens’ needs. With Host Richard D. Wolff.
Updates on New York City council votes minimum wage for ride-hailing drivers (Uber, Lyft, etc.), Trump store is 85% goods made abroad, charter school teachers strike in Chicago, contradictions in US-China trade war, VW ends gas car production in favor of electric in evasion of need for mass transit. Interview Victor Wallis author of Red-Green … Continued
Canada cuts corp tax cuts in race to bottom, Macron pleases business but outrages French people, Italy’s new gov’t budget provides for its people, Hillary Clinton joins right in scapegoating immigrants, and how “quantitative easing” policy after 2008 crash made the rich richer. Interview with Dr Harriet Fraad on psychological implications of the US mid-term … 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.
Updates on LA vote on public bank; contradictions of Trump’s “nationalism;” big business criticism of tariffs; corporations like 7-Eleven use immigration crisis for profits. Major discussion: the urgent social issues that elections ignore or hide.
