Economic Update with Richard D. Wolff

Latest Episodes:

Capitalism and Struggle Over Climate Change Jul 16, 2024

Show notes

On this week's Economic Update, Professor Wolff discusses the remarkable bursts of unionization at Starbucks in the US, award-winning New York nurse fired for referring to "genocide" in Gaza, and critique of Paul Krugman's argument that "democracy" is at stake in the 2024 election.

Finally, we close with a major discussion on the tension between the realities of climate change and the profit-driven fossil fuel industry that dominates our global economy

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

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From The Old Socialisms To The New Jul 09, 2024

Show notes

On this week's Economic Update, the entire program is devoted to how old socialism's rapid growth and global spread in the 19th and 20th centuries entailed a focus on the state. Key issues were: (1) would the socialist state limit itself to regulating capitalist enterprises and the market (as in many Western European nations) to enhance the well-being of the employee class or would the state itself own and operate enterprises and replace the market with state planning (as in the USSR), and (2) would the socialist strategy to acquire state power be reformist and electoral or revolutionary and armed. Concrete experiences in and with both kinds of old (i.e. state-focused) socialism led to self-criticisms from which a new socialism has emerged for the 21st century. The new socialism criticizes the state-focus of the old and prioritizes the transformation of the workplace over the social positioning of the state in and for the socialist vision and strategy.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

State Senator And Socialist - Interview with Kristen Gonzalez (NY State Senator) Jul 02, 2024

Show notes

In this week's Economic Update, Professor Richard Wolff discusses the rise of the Chinese car industry, the struggle between employers vs employees over in-person vs remote workplaces, and the US military's anti-vax program in the Philippines as part of the US-China Cold War that is already underway. In the second half of our program, we interview Kristen Gonzalez, New York State Senator, District 59, on progressives winning elections.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Fracking Vs Fossil Fuel Profits Jun 25, 2024

Show notes

In this week's Economic Update, Professor Richard Wolff discusses the latest US and EU tariffs against China's electric vehicles, 27,000 Virginia teachers vote to unionize, and students and workers at all 6 University of California campuses strike against attempted repression of students peacefully advocating a Gaza ceasefire.

In the second half of our program, we interview Oscar-nominated and Emmy Winning writer, director, and anti-fracking activist Josh Fox of the award-winning films GASLAND Parts 1 and 2 on his latest film "The Edge of Nature"

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

The Political Economy Of Tariffs Jun 18, 2024

Show notes

In this week's Economic Update, Professor Richard Wolff devotes the entire program to an analysis of tariffs. We discuss why tariffs are not a worker's issue, why capitalism's continuous swings between free trade and protectionist periods and phases make little impact on workers, and why competing capitalists seek to get workers to support their positions on tariffs.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Labor Vs Capital Struggle in US Intensifies Jun 11, 2024

Show notes

In this week's Economic Update, Professor Richard Wolff discusses The Washington Post's exposure of the corporate rich sponsoring police repression against student protests and how Boeing rewards CEOs while it exhibits the airlines' worst safety record. In addition, the UAW loses union election as German capitalists and southern governors join forces to intimidate workers with job threats. Finally, we highlight why mass public transport is a better alternative to gas-powered vehicles than electric vehicles.

We end our show with an interview David Van Deusen, a socialist and leader of Vermont AFL-CIO.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Economic Update (Special Edition): Exclusive interview with Dr. Cornel West Jun 05, 2024

Show notes

Third Party Politics and Social Change We would like to present a special edition of Economic Update featuring an exclusive discussion between Professor Richard Wolff and Dr. Cornel West. This program was recorded in June, 2023, but unfortunately we were unable to air this important discussion at that time. You will hear Dr. West explain why he undertook the challenge and burden to run for President of the United States. Given the political reality of US politics, as exhausted by the two major parties, we thought it would be a public service to invite Dr. West to be heard in this form. No endorsement is intended.

If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

New Energies Organizing Unions May 28, 2024

Show notes

In this week's Economic Update, Professor Richard Wolff comments on US megabanks once again taking new off-the-books risks, Elon Musk endorsing right-wing undemocratic census proposals and Fossil Fuel industry executives bribe Trump with campaign donations. In addition, we highlight the many US and global labor unions and workers who have joined the movement in supporting of ending the Israeli military actions in Gaza.

Finally, we Interview with Jaz Brisack and Casey Moore, organizers of Starbucks stores and of Inside Organizer School (IOS), a new organization that trains workers how to unionize their workplaces.

The Inside Organizer School (IOS) is a unique program aimed at making inside organizers as effective as possible in motivating and mobilizing their co- workers. The IOS branches off from traditional union organizer training which addresses staff development, focusing its curriculum instead on developing inside organizers who organize from within the workplace.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Roots of a Surging US Labor Movement May 21, 2024

Show notes

[EU S14 E20] Roots of a Surging US Labor Movement

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; We also highlight why U.S. restaurants are losing business. We then turn to the hypocrisy of Treasury Secretary Janet Yellen in the face of repression of growing American protest movement against Israeli policy in Gaza. In addition, we discuss Gabriel Zuckman's report on the economic impact of the dramatic cuts in taxes on billionaires vs rising taxes on the poorer half of the U.S.

Finally, we Interview union activist Steve Early on rising labor militancy and unionization: its roots, momentum, and future. For last 50 years, Steve Early has been a labor organizer, lawyer, free-lance journalist, or union representative. For three decades he was a Boston-based staff member of the Communications Workers of America.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Prospects for a Political Turn Left May 14, 2024

Show notes

[EU S14 E19] Prospects for a Political Turn Left

This week's Economic Update Professor Richard Wolff discusses the successful unionization drives that is sweeping across US universities (example: Boston University), We highlight the facts that disprove Biden's "great economy" claims and why inflation is much worse in the United States than in China. Finally we have an exclusive Interview with Jared Yates Sexton, writer and political analyst, on prospects for a left turn in US politics.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

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