PODCAST

Economic Update

Progressive Radio Network

Richard D. Wolff, a weekly TV and radio show and podcast

news & politics

All Episodes

29:00

Economic Update: Class Struggles Worldwide

Economic Update ·

2024/12/21

In this week's episode of Economic Update, Professor Wolff analyzes key global developments, including President Trump's looming tariff wars, the collapse of Emmanuel Macron's government in France, and massive strikes by Volkswagen workers in Germany. He also examines the fall of governments in South Korea and Syria and its implications, along with the public reaction to the assassination of a prominent healthcare CEO. Professor Wolff concludes by analyzing how these events collectively highlight

29:00

Economic Update: The Persistence of Socialism

Economic Update ·

2024/12/14

In this week’s episode of Economic Update, Professor Wolff dives deep into why socialism remains a popular and successful economic system. Professor Wolff highlights new laws passed by the government of Spain that punish airline companies who employ 'unjustified' airline passenger fees. We then debunk the unsubstantiated and nonsensical myth we hear so often that: 'Socialism has never worked,' and finally we juxtapose the history of the last capitalist collapse (1930s Great Depression) when the US

29:00

Economic Update: The US Capitalist Class and the...

Economic Update ·

2024/11/30

In this week’s episode of Economic Update, Professor Wolff discusses how US foreign aid serves the interests of corporations and their profits. We highlight how San Juan County in Washington state handled its fiscal crisis by cutting its employees' work week to 32 hours. We update you on workers of Wells Fargo Bank who are currently conducting a unionization drive, which could lead to other US banks doing the same. We provide a quick analysis of the history of settler colonialism in New Zealand and

29:00

Economic Update: The Dangers and Opportunities of...

Economic Update ·

2024/11/23

On this week’s episode of Economic Update, Professor Wolff discusses how major pharmaceutical companies (CVS, United Healthcare, Cigna) are complicit in the opioid crisis in the United States. We highlight a successful food co-op in Minneapolis and explain the inauthenticity of mainstream discourse on the US economy. Finally an interview with Richard "RJ" Eskow, Bernie Sanders' speechwriter, an expert on AI and the basic social issues its spread now raises.

29:00

Economic Update: The Global Movement for Cooperatives:

Economic Update ·

2024/11/16

On this week’s episode of Economic Update, Professor Wolff discusses U.S. Universities and Politicians' repression of student protesters, the continued global demands of indigenous people for liberation from colonialism's legacies, and Harvard's corporate administration sacrificing its students' and faculty's freedom of expression to pander to some of its donors. Finally, Professor Wolff interviews Professor Jerome N. Warren, editor of the newly published Routledge Handbook of Cooperative Economics

29:00

Economic Update: The Economics of US Labor Struggles...

Economic Update ·

2024/11/09

In this week’s episode of Economic Update, Professor Wolff discusses the economic repercussions of Western sanctions and how the retaliations they provoke. We then turn to the latest labor strikes and wage & benefit gains achieved by unions at Boeing and East Coast dock workers. We highlight China's dominance of the global energy markets; and U.S. spending on military and police. Finally, we close with an economic analysis of Israel's ongoing violence in Gaza.

29:00

Economic Update: The Missing Economics of the 2024 US...

Economic Update ·

2024/11/02

On this week’s episode of Economic Update, with the 2024 U.S. Presidential Election only 8 days away, Professor Richard Wolff explores the shared refusal of both major candidates and their parties to face and debate solutions to the grave problems facing US capitalism in 2024: (1) inequality, (2) instability and (3) a declining empire. Instead, we are witnessing both Trump and Harris compete to be the "cheerleader in chief" for capitalism. Missing from the discourse is a genuine opposition party

29:00

Economic Update: Puerto Rico Crises and Left...

Economic Update ·

2024/10/26

This week's Economic Updates focuses on CA Gov Newsom signs law banning "legacy and donor" favoritism in private college admissions to foster a "merit system," as well as analyzes the Milei regime in Argentina imposing austerity on Argentina: masses suffer to pay off debts that enriched the few in classic ways. Interview with economics Professor Ian Seda-Irizarry, City University of New York on conditions provoking rise of political left and left unity in Puerto Rico.

29:00

Economic Update: Flint: The Water Crisis Persists

Economic Update ·

2024/10/22

On this week’s episode of Economic Update, Professor Richard Wolff discusses how FED Chair Jerome Powell admits capitalism's intrinsic instability, a Tennessee plastic plant won't let workers leave before storm Helene hits, we examine new drugs for obesity (Ozempic and Wegovy) which highlights the failures of for-profit medical care. Finally, we interview Jordan Chariton on his new book "We, the Poisoned: Exposing The Flint Water Crisis Cover-up and the Poisoning of 100,000".

29:00

Economic Update- Emergency Workplace Organizing...

Economic Update ·

2024/10/12

On this week’s episode of Economic Update, Professor Richard Wolff discusses the modern political history in the United Kingdom as Conservatives protect UK corporations and the rich by employing 'distractions': first Brexit, and now Ukraine. We then turn to the latest worker uprising this time in Washington state, as workers at Boeing strike and demand better wages and benefits, and state government employees who are legally prohibited from striking are demanding better conditions as well by

29:00

Economic Update- Financializing Public Universities...

Economic Update ·

2024/10/07

On this week’s episode of Economic Update, Professor Richard Wolff addresses the numerous requests for financial planning or investment advice that he receives from many of you. We touch on the truth about investing in the stock and/or bond markets. In addition, Professor Wolff offers a basic understanding of the economics of US capitalism's century-long, profit-driven failure to adequately provide housing to its people. Finally, an interview with Professors Eleni Schirmer and Sofya Aptekar about

29:00

Economic Update- Understanding Communism - Part Two

Economic Update ·

2024/09/28

On this week’s episode of Economic Update, Professor Richard Wolff offers a special episode to continue the previous discussion on communism. We will discuss how socialism's history evolved into separating socialism from communism and creating multiple, different meanings of what is considered communism today.

29:00

Economic Update- Understanding Communism - Part One

Economic Update ·

2024/09/25

On this week’s episode of Economic Update, Professor Richard Wolff offers a special episode discussing the unscary origins of the ideas of communism and socialism before the Cold War demonized them. We will discuss how socialism's history evolved into separating socialism from communism and creating multiple, different meanings of what is considered communism today.

29:00

Economic Update- Yanis Varoufakis on the Changing...

Economic Update ·

2024/09/14

On this week’s episode of Economic Update, Professor Richard Wolff draws attention to the 10,000 hotel workers who recently conducted a strike impacting major hotels across 19 US cities. We highlight the contested merger of the two largest grocery chains in America (Albertsons and Kroger threaten to become the third largest retail giant after Amazon, and Walmart) plus the Canadian government forces 9,000 Canadian railway striking workers back to work, with murmurs of a general strike looming. We

29:00

Economic Update- Labor Day and Abe Lincoln, Honoring...

Economic Update ·

2024/09/07

On this week’s special Labor day episode of Economic Update, Professor Richard Wolff honors both Labor day and President Abraham Lincoln. President Lincoln once said in 1861 that "Labor is the superior of capital." Yet, capital in the United States has only two major political parties, the Republicans and the Democrats who both are currently advocating for capital over labor and essentially operating as a two-party monopoly excluding all others. In today's political discourse, Labor has no party

29:00

Economic Update- Worsening Economic Inequality Yields...

Economic Update ·

2024/08/31

On this week’s Economic Update, Professor Richard Wolff discusses Kate Pickett's and Richard Wilkinson's best-selling study in the book "The Spirit Level" (2009), showing how economic inequality correlates with most of the major social problems of our time.We will juxtapose their latest paper "The Spirit Level at 15: The Enduring Impact of Inequality" Which details how economic inequality has only gotten worse in the past fifteen years, despite government laws and programs aimed to "reduce"

29:00

Economic Update- Capitalism Vs Patriarchy

Economic Update ·

2024/08/24

On this week’s Economic Update, Professor Richard Wolff discusses the growing Labor movement and the nuclear disarmament movements in the United States; we will also examine the economic impacts of people under 50 not having nor wanting to have children; we highlight the UK Conservatives fearmongering claiming Free Speech is in danger from "cancel culture" and how anti "cancel culture" legislation was blocked by the new Labor gov't; We also discuss an Ohio court ruling that favors employers over the

29:00

Economic Update- Capitalism, Today's World Economy...

Economic Update ·

2024/08/17

On this week's program, we question the effectiveness as well as the economics of US sanctions (Economic Warfare), also the American Federation of Teachers (AFT) endorses the United Auto Workers (UAW) plan of setting all union contracts to expire on May 1, 2028, essentially laying the groundwork for a "General Strike". We also highlight the latest rhetoric from the US Chamber of Commerce's declaration of a "labor shortage" which only masks their desire for government help in procuring more workers

29:00

Economic Update- Capitalism Vs. Marriage

Economic Update ·

2024/08/10

This week's new episode features updates on the UK and French elections showing a dramatic shift to the left, contradicting US mass media, US self-induced global economic isolation in pursuit of punishing countries doing business with China, and how Trump and Biden are equally unwilling to solve Social Security's financial problems by taxing the incomes of the rich as Congress could and should do. Finally, Professor Richard Wolff interviews Dr. Harriet Fraad on the global decline in marriage and

29:00

Economic Update- How Deficits and Debts Rip Us Off

Economic Update ·

2024/08/03

On this week’s Economic Update, Professor Wolff devotes the entire program to explaining clearly what government deficits are, why they occur, and who benefits from them. We show how deficits and debts reward corporations and the rich at the expense of the mass of employees. This show will equip our audience to see through the misuse of deficits and debts in the 2024 election campaigns.

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