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.
On today’s show: Updates on Tesla versus the Swedish unions; a teachers strike in Portland, Oregon; “food insecurity” in U.S. today; how the King of Britain has been secretly profiting from assets of the dead; and a Michigan “entrepreneur” tries and fails to buy the electoral defeat of Rachid Tlaib. In the second part of … Continued
Updates on the closing of a Florida plant that should be converted to worker co-op, oil company profits versus the social damage they do, how mega-corporations (Walmart, Amazon) are taking over the grocery business, and the social purpose and the meaning of the “middle class.” In the second half, Professor Wolff interviews Jared Yates Sexton. … Continued
On today’s show: Updates on the U.K.’s King Charles in Africa Unionization struggles at Starbucks A growing strike against Musks Tesla The Bangladeshi women’s labor strike An analysis of the economic concept of “surplus” and how capitalism makes it possible
Today’s show includes: Updates on risks to UAW strike victories Realtors fined for collusion on real estate commissions Bangladeshi strikes for higher minimum wages for clothing workers China outmaneuvers Malaysia and US in rubber glove business UN vote isolates US, Israel, Ukraine over Cuba embargo Interview with Dr. Stephen Bezruchka on how economic inequality connects … Continued
On today’s show, Richard Wolff comments on … Nobel Prize in economics to Harvard Professor Claudia Goldin shootings in Maine and the Halloween rampage global financial secrecy index Biden’s money for wars UAW strike victories at Ford, GM, Stellantis abortion access victory in France
On this week’s show, Prof. Wolff presents an analysis of how and why capitalism is an undemocratic economic system. The first half is devoted to the micro-level, namely to the organization of the enterprise (factory, office or store). Its undemocratic character is exposed using examples and empirical evidence. The second half has a macro-level focus … Continued
From 1945 to 1990 we were told a great struggle pitted capitalism against socialism/communism (chiefly the USSR and China). Yet still today, US leaders demonize Russia and China despite the end of communism in the USSR and a huge growth of capitalist enterprises in China. The explanation lies in US capitalism’s long history of using … Continued
Updates on how Social Security makes African-Americans subsidize whites, lessons from a new survey of young Americans’ politics, the injustice of Europe’s central bank raising its interest rates, Taylor Swift publicly supports Hollywood strikers, and Coco Gauff publicly supports climate change activists. Interview with Mike Elk, editor of The Payday Report, tracking the strike wave … Continued
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
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
