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: Professor Wolff updates an analysis of Philadelphia, PA’s extreme income inequality, we consider the number of workers on strike per year since 2017 in the U.S., the UAW organizes a strike at the VW plant in Tennessee and conducts other unionization drives, and 400k public employees go on strike in Quebec, which … Continued
On today’s show: Professor Wolff updates an analysis of Philadelphia, PA’s extreme income inequality, we consider the number of workers on strike per year since 2017 in the U.S., the UAW organizes a strike at the VW plant in Tennessee and conducts other unionization drives, and 400k public employees go on strike in Quebec, which … Continued
On today’s Economic Update, we bring you a special holiday fund drive broadcast. Economic Update will resume its usual programming on December 22, 2023.
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
