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 the first half, Professor Richard Wolff focuses on the realities of China’s rise, avoiding the Cold War rhetoric. Then, he analyzes the inflation now threatening the U.S. economy. Its causes and consequences turn out to be quite different from mainstream media treatments of the subject.
In this week’s Economic Update, Professor Richard Wolff discusses the reasons why the official United States unemployment rate is currently low in comparison to historic rates; why U.S. restaurants are losing business; the hypocrisy of Treasury Secretary Janet Yellen, in the face of repression of growing American protest movement against Israeli policy in Gaza; and … Continued
Today’s special fund drive broadcast of Economic Update includes an interview with Professor Richard Wolff.
On this weeks Economic Update, Professor Richard Wolff discusses the successful unionization drives that are sweeping across U.S. universities (for example, at Boston University). Then he highlights the facts that disprove Biden’s “great economy” claims and why inflation is much worse in the United States than in China. Finally, Professor Wolff considers what is really behind … Continued
This week in honor of Karl Marx’s birthday this past weekend, Professor Richard Wolff offers a discussion of Marx’s important theory of uneven development as central to capitalism. He shows its widespread existence, using examples of it from past and present, and then concludes by showing how uneven development helps cause key social problems in … Continued
On today’s Economic Update, Professor Richard Wolff dedicates the entire show to the economic developmental achievements of China, together with the historical background that motivated these achievements. He analyzes the uniqueness of both the economic philosophy and the politics of contemporary China.
In this week’s Economic Update, Professor Richard Wolff devotes the program to understanding government spending, specifically how it shapes the larger society. In this discussion, he focuses on two questions: 1) What is the government spending on? and 2) How is that money going to be used, and who benefits? If government spending only flows … Continued
In this week’s show, Professor Richard Wolff examines U.S. spending on war materials for Ukraine and Israel, Chinese Electric Vehicle imports and the U.S.’s protectionist response, the possible convergence of worker cooperatives as part of union negotiating strategies, and the impact of Harvard college workers voting overwhelmingly to join two unions. Finally, we interview author … Continued
In this week’s Economic Update, Professor Richard Wolff discusses how the capitalist political economy can explain the Baltimore bridge disaster; why raising minimum wages helps big versus small businesses; and how cities can lower rents for their citizens, as Kingston, New York just did. Professor Wolff concludes with an Interview with Professor Jared A. Ball … Continued
On this week’s show, Professor Richard Wolff discusses the U.S. Treasury Department’s charge against Apple as a monopoly, Georgia’s state government siding openly with employers against unions, two union members deciding to enter important elections as independent voices in Nebraska and West Virginia, and a critique of the FED’s policy that keeps inflation and interest … Continued
