Economic Update with Richard D. Wolff

On this week’s Economic Update, Professor Wolff discusses a huge victory for Uber and Lyft drivers' struggling for better wages in Massachusetts; we also bring to your attention six United States senators who criticized Jamie Dimon, CEO of JP Morgan Chase for failing to curb fossil fuel investments as he promised. In addition, we discuss the unfortunate new law passed by the new right-wing government in Greece extending the working week to six days. 

Finally, we close our program with an Interview with longtime activist Rob Robinson, on the latest Supreme Court decision Grants Pass v. Joh...

On this week’s Economic Update, Professor Wolff discusses the remarkable bursts of unionization at Starbucks in the US, award-winning New York nurse fired for referring to "genocide" in Gaza, and critique of Paul Krugman's argument that "democracy" is at stake in the 2024 election. 

Finally, we close with a major discussion on the tension between the realities of climate change and the profit-driven fossil fuel industry that dominates our global economy

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to prov...

On this week’s Economic Update, the entire program is devoted to how old socialism's rapid growth and global spread in the 19th and 20th centuries entailed a focus on the state. Key issues were: (1) would the socialist state limit itself to regulating capitalist enterprises and the market (as in many Western European nations) to enhance the well-being of the employee class or would the state itself own and operate enterprises and replace the market with state planning (as in the USSR), and (2) would the socialist strategy to acquire state power be reformist and electoral or revolutionary and armed. Co...

In this week’s Economic Update, Professor Richard Wolff discusses the rise of the Chinese car industry, the struggle between employers vs employees over in-person vs remote workplaces, and the US military's anti-vax program in the Philippines as part of the US-China Cold War that is already underway. In the second half of our program, we interview Kristen Gonzalez, New York State Senator, District 59, on progressives winning elections.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads...

In this week’s Economic Update, Professor Richard Wolff discusses the latest US and EU tariffs against China's electric vehicles, 27,000 Virginia teachers vote to unionize, and students and workers at all 6 University of California campuses strike against attempted repression of students peacefully advocating a Gaza ceasefire. 

In the second half of our program, we interview Oscar-nominated and Emmy Winning writer, director, and anti-fracking activist Josh Fox of the award-winning films GASLAND Parts 1 and 2 on his latest film "The Edge of Nature"

The d@w Team Economic Update with Richard D. Wolff is a Demo...

In this week’s Economic Update, Professor Richard Wolff devotes the entire program to an analysis of tariffs. We discuss why tariffs are not a worker's issue, why capitalism's continuous swings between free trade and protectionist periods and phases make little impact on workers, and why competing capitalists seek to get workers to support their positions on tariffs.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

In this week’s Economic Update, Professor Richard Wolff discusses The Washington Post's exposure of the corporate rich sponsoring police repression against student protests and how Boeing rewards CEOs while it exhibits the airlines' worst safety record. In addition, the UAW loses union election as German capitalists and southern governors join forces to intimidate workers with job threats. Finally, we highlight why mass public transport is a better alternative to gas-powered vehicles than electric vehicles. 

We end our show with an interview David Van Deusen, a socialist and leader of Vermont AFL-CIO.

The d@w...

Third Party Politics and Social Change We would like to present a special edition of Economic Update featuring an exclusive discussion between Professor Richard Wolff and Dr. Cornel West. This program was recorded in June, 2023, but unfortunately we were unable to air this important discussion at that time. You will hear Dr. West explain why he undertook the challenge and burden to run for President of the United States. Given the political reality of US politics, as exhausted by the two major parties, we thought it would be a public service to invite Dr. West to be heard in...

In this week’s Economic Update, Professor Richard Wolff comments on US megabanks once again taking new off-the-books risks, Elon Musk endorsing right-wing undemocratic census proposals and  Fossil Fuel industry executives bribe Trump with campaign donations. In addition, we highlight the many US and global labor unions and workers who have joined the movement in supporting of ending the Israeli military actions in Gaza. 

Finally, we Interview with Jaz Brisack and Casey Moore, organizers of Starbucks stores and of Inside Organizer School (IOS), a new organization that trains workers how to unionize their workplaces.

The Insi...

[EU S14 E20] Roots of a Surging US Labor Movement

In this week’s Economic Update, Professor Richard Wolff discusses the reasons why the official United States unemployment rate is currently low in comparison to historic rates; We also highlight why U.S. restaurants are losing business. We then turn to the hypocrisy of Treasury Secretary Janet Yellen in the face of repression of growing American protest movement against Israeli policy in Gaza. In addition, we discuss Gabriel Zuckman's report on the economic impact of the dramatic cuts in taxes on billionaires vs rising taxes on the po...