Economic Update with Richard D. Wolff

Latest Episodes:

Economic Update: What Capitalism is Jan 11, 2016

Show notes

On this week's episode Prof. Wolff provides updates on Obamacare scandal, bank errors threaten depositors, public pension looting, subsidizing religion. Major discussion of old vs new meanings of capitalism as an economic system.

Economic Update: Economics and Real Issues Jan 04, 2016

Show notes

This episode provides updates on economics vs. the "free press," Nevada vs. public education and bikes displacing cars in Europe. We also respond to listeners' questions on the economics of closed ACA health co-ops and on inflation's dangers and impacts. Finally, we have major discussions on the Massachusetts Senate bill to tax rich universities and answering the question: "What is Capitalism?"

Economic Update: Capitalism and/or Socialism Dec 28, 2015

Show notes

Updates on Spain's new left government, no NFL money for concussion research, Harvard runs like a business, Fresno research proves widespread hunger. Responses to questions on why corps buyback own shares and why the "new" gig economy is not new. Major topic: comparing old socialism (govt intervenes in economy) to new socialism (democratizing the enterprise).

Economic Update: Economic Lessons from 2015 Dec 20, 2015

Show notes

Updates on FED's interest rate hike, Peter Drucker on "like a business," gun business, and oil economics. Response to question on whether it is China that is slowing the world economy. Major discussion of Greek and Spanish austerity politics and how major oil, banking and auto corporations proved why we can and must do better than capitalism.

Economic Update: Transcending Capitalism Dec 13, 2015

Show notes

Updates on denying bailout for Puerto Rico and gross wealth inequality in US and Wisconsin. Response to listeners on guns and the capitalist profit motive. Interview with Prof. Cathy Mulder on transcending capitalism via worker cooperatives.

Economic Update: Austerity's Social Costs Dec 07, 2015

Show notes

Updates on Portugal joins Greece against austerity, US austerity especially in Puerto Rico and Illinois, useless laws for banks, words not action in Paris. Major discussions of Thanksgiving economics, Germany and refugees, France and terrorism, US airlines cheat for profits.

Economic Update: Why Whites in Trouble Nov 30, 2015

Show notes

Updates on economics of immigration, economic alarmists, Ireland as tax haven. Response to listeners on role and place for small business in worker-coop based economy. Interview with Dr Harriet Fraad on crisis for middle-aged whites in US today.

Economic Update: Big vs Small Business Nov 23, 2015

Show notes

Updates on Japan's Recession, half of New York City economically in trouble, ACA deductibles undermine affordability, Million student March, another crooked capitalist. Response to listeners on private vs public enterprises. Major topics: small vs big business and big ideas not being discussed in campaigns.

Economic Update: Economic Power Struggles Nov 16, 2015

Show notes

Updates on Greek and Portuguese austerity struggles, obesity and Coca Cola, importance of U of Missouri, JC Penney's fake sales, and Macy's urgent sales. Response to listeners on politics, economics of TPP. Major discussions of (1) upcoming FED decision on interest rates and (2) economic causes of gentrified US cities.

Economic Update: How Capitalism Works Nov 09, 2015

Show notes

Updates on capitalism vs higher education, real costs of apps, how other half banks. In depth analyses of projected economic downturn in 2016, capitalist inequality and housing changes, and how capitalism affects sports.

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