Economic Update with Richard D. Wolff

Latest Episodes:

Economic Update: Economics and Family Values May 04, 2017

Show notes

On this week's Economic Update, Prof. Wolff presents updates on French election's significance; Obama's $400,000 bank speaking fee; US corp tax cuts; Wells Fargo "saved" by Warren Buffett; why bringing home US corps' foreign profits just helps them. On the second half of the show, Prof. Wolff is joined by Dr. Harriet Fraad who talks about the contradictions of "family values" in the US economy.

Economic Update: Rising Costs of Capitalism's Failures Apr 27, 2017

Show notes

This week, Prof. Richard Wolff presents updates on courts blocking Trumps attack on sanctuary cities, selling Whole Foods, Jack Ma and blaming technology for jobs collapse, falling department store jobs since 2000, British queen's enterprise award to UK worker coop, Suma. On the second half of the show, Prof. Wolff takes on Trump's corporate tax "reform," crisis as millions of new entrants into global job markets find too few jobs, SSDI crudely targeted by Trump budget director, populism as an elite-vs people formatting of elections.

Economic Update: Enabling Worker Coops Apr 20, 2017

Show notes

On this week's episode of Economic Update, Prof. Richard Wolff presents updates on capitalism and Earth Day, Chinese movie industry overtakes Hollywood, small businesses use cooperatives to compete better with big business. On the second half of the show, Prof. Wolff is joined by Richard Bartlett, cofounder of Loomio, powerful software worker-coop facilitating collective decision-making.

Economic Update: US Labor Unions: Past, Present, Future Apr 13, 2017

Show notes

On this week's Economic Update, Prof. Wolff talks about the United Airlines flier abuse, Cuomo's flawed tuition plan, what to do as self-drive vehicles end millions of jobs, how big investors plan to cash in on Trump infrastructure plans. On the second half of the show, Prof. Wolff is joined by special guest Frank R. Annunziato who will discuss the tragedy of US labor unions today, why that tragedy happened, and how to reverse it.

Economic Update: Economics, Psychology and Trump Apr 06, 2017

Show notes

On this week's Economic Update, Prof. Richard Wolff presents updates on Citibank says it favors the rich, French presidential elections, US college admissions favor the rich, injustice of US property tax system. In the second half of the show, Prof. Wolff is joined by Dr. Harriet Fraad who will talk about the economic and psychological causes of Trump's election and Trump's performance to date.

Economic Update: Capitalism in Trouble Mar 30, 2017

Show notes

On this week's Economic Update, Prof. Richard Wolff presents updates on major troubles (Brexit, Trump, etc.), student debt penalty, New York billionaires ask to be taxed, Trump's job fantasies, Seattle's official renters commission, age discrimination. The second half of the show is dedicated to major discussions on (1) the economics of immigration, and (2) how worker coops differ from capitalist corporations on where and how to produce.

Economic Update: Capitalism and Democracy Mar 23, 2017

Show notes

On this week's Economic Update, Prof. Wolff provides updates on Puerto Rico, slave labor in the cocoa fields, worsening UK inequality, leaders imposing austerity on others, Canada's Girl Guides among tourists to shun US. Major discussions: rising US wage inequality; connection and opposition between capitalism and democracy; key differences between capitalist and worker-coop enterprises.

Economic Update: Housing Crisis US Mar 16, 2017

Show notes

On this week's Economic Update, Prof. Wolff provides updates on FED and interest rates, new US and China inequality data, BLS on wage stagnation, Ford and GM build factories in China, more Big bankers join Trump. Interview with Walter South on US housing crisis.

Economic Update: Questions about Capitalism Mar 09, 2017

Show notes

On this week's Economic Update, Prof. Wolff provides updates on Caterpillar tax evasion, Obamacare, slave labor for immigrants, Harvard and slavery, billionaires, Puerto Rico, and Greece. Major discussion: questions about capitalism.

Economic Update: Unfinished Revolution: Women's Paid Labor Mar 02, 2017

Show notes

On this week's episode of Economic Update, Prof. Wolff provides updates on Takata airbags and auto company misdeeds, Trump's defense spending, deepening inequality, why capitalism provokes govt "mandates." Interview Dr. Harriet Fraad on economics, psychology, and injustices of US women doing paid labor.