Economic Update with Richard D. Wolff

Latest Episodes:

Private Profits VS. Public Treasure - Saving The Redwoods Sep 20, 2023

Show notes

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer.

You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support,

The d@w Team

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Updates on successful unionization drive against Starbucks' anti-union campaign, UK universities go to 3-day schedule so students can take jobs the other 3-4 days (fallout from a failing capitalism), UAW union prepares for strike against Ford, GM and Stellantis with Detroit community solidarity. Interview Eleanor Goldfield about her new film To The Trees exposing struggle: profiteers vs people protecting giant redwood forests.

Rebuilding Families Amidst A Crumbling Economy Sep 20, 2023

Show notes

The d@w Team

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[ S13 E 33]

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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 food supply chain includes gross examples of forced labor. Part 2 of an interview with Dr Harriet Fraad on new forms of family emerging as working class households react to collapsing traditional households. The family-economy link is a social problem not merely a personal problem.

Capitalism's Tools: Bankruptcy, China-Bashing and Gov't Suppor Sep 20, 2023

Show notes

The d@w Team

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[ S13 E 32]

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Bankruptcy of Yellow Freight trucking exemplifies US capitalism's undemocratic core, history of US-China relations (from enmity to friendship to enmity), how GOP and Dems do NOT differ in providing governmental financial support to US corporations.

The U.S. Tax System: Rigged, Unfair & Fundamentally Unjust Sep 20, 2023

Show notes

The d@w Team

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[ S13 E 29]

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This week's update focuses on a systematic overview of federal, state, and local tax systems in the US to show the injustices built into corporate and personal taxation of income, spending and property.

Unions and Strikes are the People's Power Sep 20, 2023

Show notes

The d@w Team

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[ S13 E 28]

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This week's show brings updates on unionization of Stanford University grad student workers, UPS's 350,000 workers vote and prepare for strike, 2.5 million public employees in Germany strike and win big wage gains, LA sees biggest hotel workers strike in 50 years, win big wage gains at LA's biggest hotel. Major discussion of markets' failures using 2 examples: (1) FDR replacing markets with government rationing in World War 2, and (2) using the market to distribute housing causes gentrification and homelessness. Short concluding discussion of the reform vs revolution debate.

Profit & Inequality: Two Driving Forces of Capitalism Sep 20, 2023

Show notes

The d@w Team

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[ S13 E34] Profit & Inequality: Two Driving Forces of Capitalism

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Updates on economists favoring rent control, leading global capitalists resent/resist US's China-bashing, urgent drug shortages in US and a public pharma industry. Major discussion of causes of rising US economic inequality since 1960s and its socially explosive political effects. Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

A Wise American Capitalist Criticizes U.S. Capitalism with Ben Cohen, co-founder/former CEO of Ben and Jerry's Ice Cream Aug 16, 2023

Show notes

The d@w Team

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[ S13 E 30]

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This week's updates focus on Artificial Intelligence abused by employers as Profiteering Tool; racism in US universities, US-China economic competition, the progressivism of Tony Bennett. Interview with Ben Cohen, co-founder/former CEO of Ben and Jerry's Ice Cream on a capitalist's criticism of US capitalism.

Today's Class Struggles with Chris Hedges Jul 26, 2023

Show notes

THANK YOU FOR YOUR UNDERSTANDING, YOUR PATIENCE, YOUR KINDNESSES, CONCERNS, QUESTIONS, DEVOTION, YOUR SOLIDARITY & MOST IMPORTANTLY,

THANK YOU FOR YOUR SUPPORT.

IT HAS MEANT MORE THAN WE CAN SAY OVER THE PAST COUPLE OF MONTHS THAT WERE RIFE WITH TRIALS & TRIBULATION, BETRAYAL & HEARTACHE, BUT WE CONTINUE TO GET CLOSER TO WHERE WE WERE WITH EVERYDAY THANKS IN LARGE PART TO YOU, OUR FAMILY, OUR FRIENDS & THOSE WHO SUPPORT US STILL.

If you haven't already, connect with us for the latest news from d@w by going to our website:

https://www.democracyatwork.info

There you will begin to see bits & pieces of the old @w as well as a few peeks into some of the exciting new things taking shape as a better version of d@w is on the horizon and we're sure you will enjoy.

And don't forget to sign up for our newsletter so you won't miss any of the rollouts we have planned and here's a wink wink hint - Prof. Wolff's newest book is hitting the presses super soon and will be for sale before you know it.

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[EU S13 E25] Today's Class Struggles with Chris Hedges

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Updates on US small/medium businesses converting to worker coops, strikes at west coast ports and UPS, an employer uses fake priest to get workers' confessions for employers' use, Delaware allows businesses to vote in local elections (alongside individuals). Interview Chris Hedges on class struggles here and now.

Economic Update with Richard D. Wolff is a @democracyatwrk 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

Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

Also, a sincere apology for the continued spotty releases of Economic Update. We're ironing out the last remaining wrinkles and should be back(ish) by mid-August.

Thank you all again, and we'll speak to you next week.

Capitalism's Costly Contradictions Jul 12, 2023

Show notes

WE OWE YOU ALL AN APOLOGY WE OWE YOU ALL AN EXPLANATION WE OWE YOU ALL OUR DEEPEST SENSE OF GRATITUDE THANK YOU FOR YOUR SUPPORT, YOUR UNDERSTANDING, YOUR PATIENCE, YOUR KINDNESSES, YOUR CONCERNS, YOUR QUESTIONS, YOUR DEVOTION, YOUR SOLIDARITY & MOST IMPORTANTLY, THANK YOU FOR YOUR SUPPORT. IT HAS MEANT MORE THAN WE CAN SAY HERE OVER THE PAST TWO MONTHS OF TRIALS, TRIBULATION AND NOW, THE TRIUMPH TO COME.

Please stay connected with us for the latest news from d@w and stay tuned as well as Prof. Wolff explains what's been happening with d@w and the exciting changes to come that we're sure you will enjoy. Sign up for our newsletter for more info and updates as we roll out the next chapter of d@w. https://www.democracyatwork.info/sign_up

************************************************************************** [EU S13 E24] Capitalism's Costly Contradictions **************************************************************************

Updates on real US unemployment problem; Congress betrays students on student debt issue; huge majorities polled support US teachers, increased teachers pay, teachers' freedoms to teach about race, and teachers' power vs boards of education and state governors, importance of ILWU strike shutting down west coast seaports. Major discussions of capitalism's contradictions around (1) capitalists forever "saving on labor costs,"and (2) capitalists celebrating self-correcting markets." Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience. A special thank you to our devoted donor community whose contributions make this show possible each week. ****************************************************************************

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Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop... **************************************************************************** Check out the Hardcover edition of "Understanding Marxism," by Professor Richard Wolff at: https://www.lulu.com/ "Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline."

Varoufakis' Critique of Capitalism Today Apr 27, 2023

Show notes

Yanis Varoufakis, elected member Greek parliament, joins Prof. Wolff on this week's show and offers his original, critical perspectives on (1) the banking crisis, (2) the decline of the US empire and US capitalism, (3) the mass uprisings of the French and Greek working classes in Europe, (4) the collapse of Europe's efforts to shape an independent (from the US and China) economic position, and (5) class struggle inside China.

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