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Economic Update with Richard D. Wolff

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Economic Update with Richard D. Wolff

Economic Update with Richard D. Wolff is a weekly nationally syndicated program produced by Democracy at Work and hosted by Richard D. Wolff. The program explores complex economic issues and empowers listeners with information to analyze not only their own financial situation but the economy at large. Beyond focusing a critical eye on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program also explores systemic solutions to our economy's problems including alternative ways to organize production and distribution of the goods and services we all depend on.

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Recent Episodes of Economic Update with Richard D. Wolff


Economic Update (Special Edition): Exclusive interview with Dr. Cornel West

Economic Update (Special Edition): Exclusive interview with Dr. Cornel West

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...

Episode 5 June 2024 30m and 47s


New Energies Organizing Unions

New Energies Organizing Unions

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...

Episode 21 28 May 2024 31m and 6s


Roots of a Surging US Labor Movement

Roots of a Surging US Labor Movement

[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...

Episode 20 21 May 2024 29m and 1s


Prospects for a Political Turn Left

Prospects for a Political Turn Left

[EU S14 E19] Prospects for a Political Turn Left

This week’s Economic Update Professor Richard Wolff discusses the successful unionization drives that is sweeping across US universities (example: Boston University), We highlight the facts that disprove Biden's "great economy" claims and why inflation is much worse in the United States than in China.  Finally we have an exclusive Interview with Jared Yates Sexton, writer and political analyst, on prospects for a left turn in US politics.

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

Episode 19 14 May 2024 30m and 17s


Uneven Development a Key Problem of Capitalism

Uneven Development a Key Problem of Capitalism

[EU S14 E18] Uneven Development a Key Problem of Capitalism

This week in honor of Karl Marx's birthday over this past weekend, Professor Richard Wolff offers a discussion of Marx's important theory of uneven development as central to capitalism. We show its widespread existence, using examples of it from past and present. We conclude by showing how uneven development helps cause key social problems in capitalism.

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...

Episode 18 7 May 2024 29m and 1s


The Phenomenon of China

The Phenomenon of China

[EU S14 E17] The Phenomenon of China

This week’s Economic Update Professor Richard Wolff dedicates the entire show to the economic developmental achievement of China, together with the historical background that motivated that achievement. We analyze the uniqueness of both the economic philosophy and the politics of China.

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.

You can support our work by joining ou...

Episode 17 30 April 2024 29m and 1s


A Critique of Government Spending

A Critique of Government Spending

[EU S14 E16] A Critique of Government Spending

This week’s Economic Update Professor Richard Wolff devotes this program devoted to how to understand government spending. How it shapes the larger society. We will focus on two questions 1) What is the government spending on? and 2) How is that money going to be used, and who benefits? If government spending only flows to capitalist corporations, they will use it to reproduce capitalism including its inequalities and injustices. This is a crucial impact of government spending but rarely examined. The alternative - spending on worker coops - is explained an...

Episode 16 23 April 2024 29m and 1s


A Sea Change In US Labor's Militancy

A Sea Change In US Labor's Militancy

[EU S14 E15] A Sea Change In US Labor's Militancy

In this week’s Economic Update Professor, Richard Wolff examines US spending on war materials for Ukraine and Israel, we will discuss Chinese Electric Vehicle imports and the US's protectionist response, and we will highlight the possible convergence of worker cooperatives as part of union negotiating strategies, and we discuss the impact of Harvard college workers vote overwhelmingly to join two unions. Finally, we Interview author and union organizer, Kim Kelly.

Kim Kelly is a journalist, author, and third-generation union member based in Philadelphia. She is...

Episode 15 17 April 2024 29m and 1s


The Myth of Black Buying Power

The Myth of Black Buying Power

[EU S14 E14] Economic Update: The Myth of Black Buying Power

This week’s Economic Update Professor Richard Wolff discusses how the capitalist political economy can explain the Baltimore bridge disaster, we explain why raising minimum wages helps big vs small businesses. We highlight the recent court rulings in New York and how cities can lower rents for their citizens as Kingston, NY just did, (if tenants mobilize to do so).

Finally an Interview with Professor Jared A. Ball on the myths of black buying power and black capitalism and the role such myths play in...

Episode 14 10 April 2024 29m and 1s


Resurgent Labor Organizing In The South

Resurgent Labor Organizing In The South

[EU S14 E13] Resurgent Labor Organizing In The South

This week’s Economic Update Professor Richard Wolff discusses the US Treasury Department charges Apple as monopoly, Georgia's state government sides openly with employers against unions, two union members decide to enter important elections as independent voices in Nebraska and West Virginia, and a critique of the FED's policy that keeps inflation and interest rates high. Finally we Interview Mike Elk, publisher of the Payday Report, on his views regarding the important UAW fight for union recognition at VW plant Chattanooga, TN.

 

The d@w T...

Episode 13 2 April 2024 29m and 1s

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