Economic Update with Richard D. Wolff

Latest Episodes:

Economic Update: Capitalism's Excuse: Blame Government Feb 15, 2018

Show notes

Updates on capitalist fishing industry self-destructs, how malls mirror US capitalism, blaming government self -destructs in Oklahoma, renationalizing in UK, Mulvaney says interest rate spikes coming (how tax cuts hurt us). Interview with lifelong unionist Charles Fabian on decline and potential of US labor movement.

Economic Update: The System's Unwanted Results Feb 08, 2018

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Updates on economic data hype vs reality, big capitalists against health capitalists, profit-driven housing rip-offs, Saudi Arabia taxes its own super rich, London top male execs abuse women they hire, and US vs UK homelessness. Interview with Dr. Harriet Fraad on "Capitalism and Mental Health."

Economic Update: Democratize the Enterprise Feb 01, 2018

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Updates on corp tax savings not used for bonuses or wage increases, why tariffs fail to rescue jobs, UK and US universities react to economic change, Trump's solar panel tariffs are political theater, and Ursula LeGuin's critique of capitalism. Interview with Mary Douglas, Exec. Director of Democratize the Enterprise.

Economic Update: Marxism's Contribution Jan 25, 2018

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Updates on New York City's suit against big oil and dumping $5 billion in fossil fuel investments, fast-rising US consumer debt, further attacks on labor and living standards in Greece, collapse of Carillion Corp exposes failure of privatization in UK, and how CVS' touch-ups of beauty images expose economics of advertising. Interview with Prof. Bertell Ollman on Marx's distinctive contributions to analyzing capitalist society, past and present.

Economic Update: Knowledge, Class and Economics Jan 18, 2018

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Updates on problems and solutions for workplace discrimination, China's ascending economy, capitalism's drive to income and wealth inequalities, economics of immigration's winners and losers, US capitalism and African-Americans. Interview with co-author Prof. Richard McIntyre on new book: Knowledge, Class and Economics: Marxism Without Guarantees.

Economic Update: Capitalism and Addiction: The Opioid Epidemic Jan 12, 2018

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Updates on UN report on poverty in the US, oreos produced in Mexico, US households with zero or negative net worth, Germany's negative utility prices, Germany's bold labor strikes, Iceland law on equal pay for equal work, the myth of US economic "recovery," and Canada's Tim Horton sabotages rising minimum wage. Interview with Dr. Harriet Fraad on US opioid epidemic: psychology and capitalism.

Economic Update: The Economy from 2017 to 2018 Jan 04, 2018

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Updates on net neutrality, workplace sexual harassment, bitcoin, worsening global inequality, Europe's recovery and instability, and using prison labor to fight fires. Major discussions of consumerism, gathering revolt against capitalism, and the economics of alternative populisms.

Economic Udpate: Public Service vs Private Profit Dec 21, 2017

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Updates on Economic Threats: Corbyn vs Morgan Stanley, cars for super-rich, information vs profit, Fed chair Powell's over-reach, why regulations are never enough, and corporate criminality. Interview with David Jette about public vs private banking.

Economic Update: Different Economics, Different Policies Dec 15, 2017

Show notes

Updates on UK company's parental leave policies, Citibank fined for abusing student borrowers, US tobacco companies air self-critical ads, Bezos' obscene wealth, and ideological attack on US higher education. Major topic discussions: Marxian economics and UK Labor Party policy initiatives.

Economic Update: Revolt Against Sexual Abuse Dec 07, 2017

Show notes

Updates on other countries undercut US tax changes, US graduate students: fewer and taxed more, "recovery" myth vs foreclosure stats, Valve Corp: worker coops better for innovation, 2017 Nobel Peace Prize snubbed, Starbucks: not really worker-friendly. Interview with Dr. Harriet Fraad on revolt against sexual abuse.