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PODCAST

Economic Update with Richard D. Wolff

Democracy at Work, 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

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All Episodes

31:52

Union Organizing In Today's U.S.

Economic Update with Richard D. Wolff ·

2025/10/28

This week on Economic Update, Professor Wolff delivers updates on the impending U.S. recession, JP Morgan admits failures of the neoliberal period as it turns nationalist, and the causes of mass shootings in the U.S. In the second half of today's show, Professor Wolff interviews two young U.S. union organizers and their organizing method of "workers inquiry": Alex Pyne of the Blue Bottle Independent Union and Anastasia Wilson of Hobart and William Smith Colleges. The d@w Team Economic Update with

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30:57

An Argument for A New Labor Party

Economic Update with Richard D. Wolff ·

2025/09/12

The left-wing surge of the U.S. working class during the Great Depression of the 1930s compelled the Democratic Party to prioritize serving the working class more than it had before or would again. It was called the New Deal. In response, the US employer class, angry that taxes on corporations and the rich were used to fund government programs for the people, turned to the Republican Party after World War II ended in 1945 and directed it to roll back the New Deal, reducing or eliminating all it had

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31:12

Social Problems Require Social Movement Solutions

Economic Update with Richard D. Wolff ·

2025/09/02

Economic Update returns this week with an all-new episode of updates by Professor Wolff on: Trump ending Housing First Spain exploring the possibility of a wealth tax Trump busting unions within government agencies Protecting yourself in a declining capitalistic system France's upcoming Sept. 10th mass movement against Macron's government Air Canada's strike by flight attendants who defy the government's back-to-work order and win against both the Canadian government and their employer, Air

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31:18

Mamdani's Win in NYC: Causes & Prospects for a...

Economic Update with Richard D. Wolff ·

2025/07/22

This week on Economic Update, Professor Wolff discusses the following about Mamdani's victory in the New York City Democratic mayoral race: (1) how it happened, who voted for him and why; (2) the varieties of socialism and the long history of "municipal socialism" in the US and overseas, (3) possible socialist programs for a Mamdani mayoral administration; and (4) tax revenue possibilities to pay for socialist programs. The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info

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32:03

Resisting Trump's Restoration Project with Kali Akuno

Economic Update with Richard D. Wolff ·

2025/04/29

This week on Economic Update, Professor Richard Wolff examines a major labor strike unfolding in California, where 2,400 Kaiser Permanente mental health workers are fighting for better conditions. Next, we break down how tariffs function as an economic weapon, undermining the living standards of U.S. workers. Finally, Professor Wolff sits down with Kali Akuno, co-founder and co-director of Cooperation Jackson, to discuss Trump’s controversial "restoration" agenda and the growing resistance against

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30:20

Tariffs, the Working Class, and Resistance

Economic Update with Richard D. Wolff ·

2025/04/15

In this week's episode of Economic Update, Professor Wolff critiques the DOGE practice of firing federal civilian employees, analyzes the Trump tariff program, and shows how both are presented as ways to solve deep economic problems in the U.S. but are actually an assault on the working class. The second part of the show features an interview with David Van Deusen, the former head of the Vermont state AFL-CIO and now an organizer of union-based resistance to the Trump program. The d@w Team

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30:35

Unlearning Market Idolatry

Economic Update with Richard D. Wolff ·

2025/04/08

This week on Economic Update, Professor Wolff explores the last 150 years of largely uncritical celebrations of "the market" as if it were a perfect institution that must be protected from the intrusion of other institutions such as the government, labor unions, and popular organizations. We compare a historical example and the present to criticize today's peculiar mix of market idolatry and its rejection in the U.S. The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc

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30:46

Mounting Economic Problems

Economic Update with Richard D. Wolff ·

2025/04/01

In this week's episode of Economic Update, Professor Wolff discusses certain minimum wages by the Trump administration, the costs of Germany's rearmament, and how Trump's tariffs and deportations have hit central America with economic catastrophe. The second half features a detailed discussion of the historical blaming of foreigners for the internal problems of capitalism in the U.S. The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point

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29:59

How Marx's Class Analysis Could Solve Inequality Now

Economic Update with Richard D. Wolff ·

2025/03/25

In this week's episode of Economic Update, Professor Wolff discusses how Marx's class analysis presents a solution to today's inequality and the challenges to overcoming it we have faced throughout history. In short, since the early existence of human society, people lived in tribes, clans, and villages that exhibited equality of wealth, income, and political power among their members. As modern history began to unfold, slavery, feudalism, and capitalism evolved as society as we know it took shape

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33:12

Build and Fight: The Resistance Forms

Economic Update with Richard D. Wolff ·

2025/03/18

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 our Patreon community: https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the

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32:10

Federal Employees Fight Back

Economic Update with Richard D. Wolff ·

2025/03/11

This week on Economic Update, Professor Wolff delivers updates on the firing of government workers by Trump/Musk with an economic analysis showing it to be an attack on the U.S. working class followed by a discussion of Trump's foreign policy of turning against Europe as merely an adjustment to an "American Capitalism First" project that is as old as the U.S. The second half of the show, features an interview with U.S. federal employee Colin Smalley, a sixteen-year member of the U.S. Army Corps of

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30:41

U.S. Policy toward China: A Failing Effort to...

Economic Update with Richard D. Wolff ·

2025/02/25

In this week’s episode of Economic Update, Professor Wolff discusses unionizing Whole Foods workers VS. Amazon and Trump and the contradictions, dangers, and global retaliation of the new administration's tariff program. The show's second half features an interview with political scientist Dr. Wilmer J. Leon III on the China-U.S. competition: its costs, the stakes, and why the U.S. is losing. The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a

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30:27

Trump's Anti-Immigrant Campaigns

Economic Update with Richard D. Wolff ·

2025/01/28

In this week's episode of Economic Update, Professor Wolff explores the economic consequences of the United States threatening Mexico and Canada. We also highlight how worker co-ops are joining forces with unions to strengthen both movements and examine the economics of the illegal drug trade. Additionally, we discuss the significance of Indonesia joining BRICS. 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

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30:48

The US Capitalist Class and the Election

Economic Update with Richard D. Wolff ·

2024/11/27

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

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29:51

The Dangers and Opportunities of Artificial...

Economic Update with Richard D. Wolff ·

2024/11/19

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. The d@w Team Economic Update with

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31:04

The Global Movement for Cooperatives with Jerome N....

Economic Update with Richard D. Wolff ·

2024/11/12

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, an interview with Professor Jerome N. Warren, editor of the newly published Routledge Handbook of Cooperative Economics and

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29:34

The Economics of US Labor Struggles and Gaza

Economic Update with Richard D. Wolff ·

2024/11/05

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. The d@w Team Economic Update with

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30:09

Financializing Public Universities for Wall Street's...

Economic Update with Richard D. Wolff ·

2024/10/01

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

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30:06

Understanding Communism Part Two

Economic Update with Richard D. Wolff ·

2024/09/24

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. 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

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30:24

Understanding Communism Pt. 1

Economic Update with Richard D. Wolff ·

2024/09/17

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. 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

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