Economic Update

US Capitalism and the Family: Myth vs Reality

Updates on Job Quality Index and its US decline, the French activism against President Macron’s effort to cut pensions, Gartman Letter urges investors to sell stocks in face of Trump’s policies deteriorating the economy, Obamas purchase $11.5 million Martha’s Vineyard mansion, and Kansas City cuts public transport fares to zero. Interview with Dr Harriet Fraad … Continued


Economic Update

Understanding Marxism

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 … Continued


Economic Update

Economic Update – December 20, 2019

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 – December 13, 2019

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 – December 6, 2019

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

Fascism: An Analysis for Today

An in-depth analysis of fascism as massive government intervention to protect and save a crashing capitalism. We focus on today’s examples, historical parallels (in Germany and Italy), and how “strong men” leaders push fascist agendas. We discuss how fascism and socialism differ and how nationalism serves as fascism’s social “disguise.


Economic Update

U.S.’ Profit-driven Medicine

Updates on Berlin, Germany’s law freezing all rents for 5 years, overindebted corporations threaten world economy, prisoners’ slave labor in Los Angeles, French inequality and yellow vests, Bernie’s push to put workers on corporate boards. Interview with Dr. Michael Magee on US medical-industrial complex.    


Economic Update

The Human Agenda

Updates on costs of NBA offense to China, worsening global inequality, poverty mocks Nobel prize for 3 economists working on “incremental solutions” to poverty, why Google donated to global warming deniers, and latest crisis in defaults on US auto loans. Interview Richard Hobbs, Human Agenda Director, San Jose, CA, expert on worker coops.”


Economic Update

The Capitalist Corporation

This program examines the structure and functioning of the large capitalist corporation dominating modern economies. We discuss their basic economics and influence on politics. We criticize rationales for corporate profits such as “risks” and “entrepreneurship” and explore parallels between corporate structures and monarchies.