Economic Update

Corporate Greed VS Labor: The Struggle Intensifies

Updates on writers (WGA) strike, auto-workers (UAW) strike, failure of US Federal Reserve, US govt subsidizes private capitalists. Interview with Pete Dolack on his new book, “What Do We Need Bosses For? Toward Economic Democracy.” Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores … Continued


Economic Update

What Socialism Needs To Succeed

Discussion of (1) the crisis of today’s real left; (2) the need to acknowledge, build upon, but also go well beyond the successful socialisms of the 19th and 20th centuries; (3) the macro focus on the state and the omission of a microfocus on the workplace; and (4) democratizing workplaces as “what is to be … Continued


Economic Update

Socialism and Worker Co-ops – Economic Update – September 22, 2023

20th century socialism is now behind us. Socialists continued to evaluate both its achievements and failures via extensive self-criticism. A changed socialism has emerged, focused on a transition of workplaces from top-down hierarchical capitalist structures into democratic worker cooperatives. The powerful appeal of worker coops as grounding a new 21st century socialism is presented.   … Continued


Economic Update

Economic Update – September 15, 2023

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

Profit & Inequality: Two Driving Forces of Capitalism-Economic Update – September 8, 2023

Updates on economists favoring rent control, leading global capitalists resent/resist US China-bashing, urgent drug shortages in US and a public pharma industry. Major discussion of causes of rising US economic inequality since the 1960s and its socially explosive political effects. Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally … Continued


Economic Update

Rebuilding Families Amidst a Crumbling Economy- Economic Update – September 1, 2023

Updates include how US labor rediscovers the general strike as WGA and SAG-AFTRA strikes merged in LA and allied with hotel workers,’ teamsters’, and teachers unions; drug-producing firms’ profiteering cause shortages of needed medications; new research proves affirmative action for “legacy” students from rich, white families at Harvard, Yale and other elite schools, US domestic … Continued


Economic Update

Capitalism Versus Socialism (Repeat)-Economic Update – August 25, 2023

This over 200-year debate and struggle has become confused and confusing. Too many different definitions make honest, balanced discussions and evaluations of these alternative systems difficult. Because socialism is rising yet again to challenge capitalism, the debate now must take account of the terms’ new and different meanings. We do that here in arguing for … Continued


Economic Update

Economic Update – August 18, 2023

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.