Economic Update with Richard D. Wolff

Latest Episodes:

Economic Update: Capitalism, Revolution, and Socialism Sep 22, 2017

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Updates on major capitalist failures, buying senators on health care, opioid addiction's effects on insurance and on labor force participation, price gouging in emergencies, and US income inequality. Major discussion on 100th anniversary of Russian Revolution in 1917: lessons of USSR economic history for 21st century socialism.

Economic Update: Corporate Capitalism in Decline Sep 14, 2017

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Updates on capitalism and hurricanes, the business of drug addiction and overdose, with poverty, hookworm too returns to America, and the economics of elite universities' tax avoidance. Interview with Chris Hedges on a declining, decaying capitalism.

Economic Update: Capitalism's (Uncounted) Health Costs Sep 07, 2017

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Updates on Wonderwoman, Archbishop's critique of UK economic system, a US Labor Day comment, McDonald's workers strike in UK, economics of hurricanes, and economics of the Trump/GOP tax cut "reform." Interview Dr. Harriet Fraad: the capitalist system's impacts on health - from stress to death - are mostly unacknowledged or taken account of in its key decisions.

Economic Update: A Tale of Two Crises: 1929 & 2008 Aug 31, 2017

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Updates on US working conditions 2017, looming US recession and plans for negative interest rates, schools raise funds by shaming poor school children, and the economics of fascism. Major discussion: why FDR's New Deal (successful trickle up economics) was not repeated after 2008 (unsuccessful trickle down economics). Consequences of post-1945 destruction of coalition that produced New Deal.

Economic Update: Human Rights v. US Water Economics Aug 24, 2017

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Updates on Trump vs Amazon over taxes, Americans dying younger, Monsanto profits at farmers' expense, and economics of homeless school children. SPECIAL GUEST: Activist Ron Robinson on US water crisis.

Economic Update: Economics as Deception Aug 17, 2017

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Updates on how millennials have fallen behind their parents in income wealth, etc., on poor medical outcomes in US despite paying most for health (especially drugs), deepening scandals of German car corps, and why a Chinese t-shirt-maker investment in Arkansas teaches frightening economic lessons. Interview with Prof Michael Hudson on "Junk Economics."

Economic Update: Faith and Labor Fight Inequality Aug 11, 2017

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Updates on how golf courses are economically undemocratic, how US drug corps block much cheaper medicine imports, why US corps neither need nor deserve tax cuts, how Monsanto bought academic research to keep dangerous "Roundup" on the market, and the economics and politics of scapegoating immigrants in the US and Germany. Interview with Joerg Rieger and Rosemarie Henkel-Rieger on their combination of faith and advocating for labor to undo inequality in the US.

Economic Update: Collective Action for Change Aug 07, 2017

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Economic Update: Economics of Socialism Jul 27, 2017

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Updates on Russia sanctions, medical companies' failures, cable company monopolies, CEO pay, battling Marxian economics in Utah. Major discussion of economics of socialism.

Economic Update: Economics Taught Badly Jul 20, 2017

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Updates on United Airlines' profits from customer abuse; bankster blames government; China's rapid economic growth; and worker coop news from Greece, New York, and Massachusetts. Interview with economics professor John Summa on big problems in economics teaching.