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.
This week on Economic Update, Professor Wolff delivers updates on U.K. PM Starmer’s trade visit to China, the new head of the Federal Reserve, and the escalation of a general strike in Minneapolis and its spread across the U.S. as people gear up against government assaults on cities. In the second half, Professor Wolff interviews … Continued
On this week’s episode of Economic Update, Professor Wolff delivers updates on how 73% of U.S. credit card debt is needed for everyday purchases, the issues with Venezuelan oil, and MAGA splits as Trump panders to the voting masses at the expense of a few giant corporations. The second half features an interview with … Continued
On this week’s episode of Economic Update, Professor Wolff delivers updates on the Pentagon’s investments into private companies, the end of electric vehicle subsidies in conjunction with the arrival of Chinese EVs in the U.S., the growing trade and produce exchange between Canada and China, and the nurses’ strike of NYC private hospitals grows to … Continued
This week on Economic Update, Professor Wolff analyzes topics from Israel and Gaza to Epstein scandals to U.S. neocolonialism to Europe’s failure to seize Russian wealth held in European banks, with a focus on the historical importance of key developments shaping the global crisis emerging today. Economics Professor Richard D. Wolff and guests discuss the … Continued
This week on Economic Update, Professor Wolff devotes the first half to New York’s new Mayor Zohran Mamdani. He discusses how and why he defeated so many efforts to block him, and what he needs to do to succeed, deliver on his campaign promises, and create a lasting legacy of his time in office. The … Continued
On this week’s episode of Economic Update, Professor Wolff delivers updates on the Black Friday strikes against Amazon in Germany and against Zara in Spain, the rapid decline of New School University as an example of a deepening crisis in U.S. higher education, and a new U.S. national security paper that throws Europe under the … Continued
This program begins by analyzing the political monopoly (aka “The Center”) operated by the GOP and Dems in the US: its organization and dominance until the last few years. The monopoly deteriorates as both GOP and Dem coalitions suffer splits and cracks opening opportunities for radical political shifts and perhaps new parties. The context of … Continued
On this weeks episode of Economic Update, Professor Wolff provides an analysis of “globalization” as a fancy slogan to hide a profit-driven, profit-boosting period (1970-2015) that saw US capitalists move factories abroad. It destroyed so many well-paid factory jobs (especially of white, male Christians) that it produced massive suffering among the affected communities. As their … 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.
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.
