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.
In-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism’s unnecessary production of unemployment because it utilizes technical progress (rising productivity) for profits. The alternative benefits workers’ leisure rather than profits. It is more democratic and avoids splitting people into unemployed vs employed, non-poor vs … 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.
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 striking Oakland school teachers, dangers of declining pensions, bank fined for helping clients evade taxes, in tariff war over black olives US vs EU, stagnant real wages in US explain rising inequality. Interview with Larry Williams, Jr., labor union activist and co-founder of UnionBase.org.
Updates on the economics of immigration, France’s yellow vests join union-called general strike, demonstrations against Sackler family’s profiting from oxycontin, and New York City Council considers giving priority to fast-food workers (majority) over employers (minority). Major discussions of: (1) successful strikes by Mexican workers and their collaboration with progressive new Mexican government, and (2) Trump/GOP’s … 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 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.
