Economic Update with Richard D. Wolff

Latest Episodes:

ECONOMIC UPDATE: Capitalism's Leaders Jul 14, 2017

Show notes

Updates on dueling health bills, cutting min wages, Pope on labor unions, Seattle taxes the rich. Major discussions of G-20 "leaders ", Detroit's "revival", beer company goes to worker ownership and directorship.

Economic Update: Addiction, Capitalism and 12 Steps Jul 06, 2017

Show notes

Updates on car loans, sales showing falsity of "recovery" claims, airline profits vs service, the G-20 meetings coordinate global austerity, July 4 and capitalism, and the misleading debate over raising minimum wages and losing jobs. Interview with Dr. Harriet Fraad on connections among addictions, capitalism and 12-step programs.

Economic Update: Capitalism's Shadow: Poverty Jul 01, 2017

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Updates on European sanctuary cities, McDonald's automation, Travis Kalanic, and ritzy restaurant rips off workers. Interview with anti-poverty activist Rob Robinson.

Economic Update: Capitalism's Self-destruction Jun 22, 2017

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Updates on declining Cal State Univ system, Trump vs coal industry realities, Hudson Yards for mega-rich vs New York's social needs, lotteries' and legalized pot's same economic motives. Major discussions: politics and economic betrayal, revenge; Trump's new austerity budget; why worker coops deserve govt supports; and worker coops and democracy.

Economic Update: When US govt destroyed a political party Jun 15, 2017

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Updates on Oklahoma cuts funds for public schools, why Americans dont take paid vacations owed them, how coal/oil companies fight solar/wind companies to buy politicians that decide what energy system we must live with. Interview with Lisa E Davis, author of "Undercover Girl" about undoing the New Deal, FBI paid informers and destruction of the CPUSA.

Economic Update: Human Nature and Capitalism Jun 08, 2017

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Updates on California, Nevada steps toward universal medical insurance, Toronto housing bubble, Air Traffic Controllers and the privatization issue, US, Mexico fight over non-free market in sugar, Illinois credit decline. Interview with Dr. Harriet Fraad on human nature.

Economic Update: Economic failures and the blame game. Jun 01, 2017

Show notes

On this week's show, Prof. Wolff presents updates on big banks fix rates, IRS checks on churches, CEOs' pay rises fastest to worsen US inequality. On the second half of the show, major discussions: blaming the poor for poverty and over-crediting the super rich; how superrich oil countries and companies control modern economies; and how Trump's attacks on Germany are more "fake news."

Economic Update: Worker Coops as our Economic Future May 25, 2017

Show notes

On this week's show, Prof. Wolff talks about Trump's 2018 budget, Ford's undemocratic decisions, US opioid epidemic, Swiss vote to end nuclear power, Harley-Davidson moving jobs overseas, Canada outlaws overbooking seats on planes.

On the second half of the show, Prof. Wolff interviews John Curl, author and coop worker, on importance of worker coops.

Economic Update: What France's Election Means May 18, 2017

Show notes

On this episode of Economic Update, Prof. Wolff discusses Yale grad students hunger strike for a union, US raising interest rates on student loans, 2 new Senate bills on worker ownership of enterprises, and some economic dimensions of Mother's Day. On the second half of the show, Prof. Wolff talks with French political activist, Antonin Plarier, on the meaning of the French presidential election.

Economic Update: Why Worker Coops May 11, 2017

Show notes

On this week's show, Prof. Richard Wolff presents updates on Australian government taxes, big banks funding of Dakota Access Pipeline, meaning of French elections, Trump/GOP's plan to end estate taxes, rising role of monopoly in US economy. Prof. Jessica Gordon Nembhard, historian of worker coops and African-American community, joins Prof. Wolff in the second half to talk about "why worker coops" make sense.