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Economic Update with Richard D. Wolff

Economic Update with Richard D. Wolff

571 episodes — Page 3 of 12

S14 Ep 19Prospects 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 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

May 14, 202430 min

S14 Ep 18Uneven 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 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

May 7, 202429 min

S14 Ep 17The 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 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Apr 30, 202429 min

S14 Ep 16A 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 and explored as a better alternative. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Apr 23, 202429 min

S14 Ep 15A 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 a a regular contributor to Teen Vogue, In These Times, the Baffler, Rolling Stone, and many more, and her first book, FIGHT LIKE HELL: The Untold History of American Labor, is out now via One Signal/Simon & Schuster. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Apr 17, 202429 min

S14 Ep 14The 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 supporting capitalism. Jared A. Ball is a Professor of Communication and Africana Studies at Morgan State University in Baltimore, MD. and author of The Myth and Propaganda of Black Buying Power. Ball is also host of the podcast "iMiXWHATiLiKE!", co-founder of Black Power Media 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Apr 10, 202429 min

S14 Ep 13Resurgent 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 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Apr 2, 202429 min

S14 Ep 12How Capitalism Distributes Power

[EU S14 E12] How Capitalism Distributes Power Updates on resurging child labor in US, colleges athlete vote to join unions, unionization sweeping not-for-profit charities (hospitals, museums, etc) such as MassMoca in western Massachusetts. Major discussion of how capitalism concentrates power in mass media (including social media), in authoritarian internal structures of corporations, and via donations and other controls exercised over two major political parties and over politicians. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Mar 26, 202429 min

S14 Ep 11Patriarchy and Capitalism

[EU S14 E11] Patriarch and Capitalism This week's Economic Update Professor Richard Wolff discusses the UAW union's latest moves. Their organizing drives at auto plants, their efforts to form unions among employed and free-lance journalists. In addition, we will highlight New York Governor Kathy Hochul's decision to deploy national guard troops in New York City subways and what that means for everyday residents. Finally, an interview with psychotherapist Tess Fraad-Wolff on interactions between patriarchy and capitalism, 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 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Mar 19, 202429 min

S14 Ep 10Debris From A Declining Empire

[EU S14 E10] Debris From A Declining Empire This week's episode of Economic Update we discuss we discuss United Kingdom politician George Galloway by-election victory, and the raised minimum wage in UK. We will comment on Elon Musk's lawsuit against the NLRB, as Trader Joe, Starbucks, and Amazon also join to ask right-wing Supreme Court to gut regulation of business. We then look at US protectionism as the Biden administration raises tariffs on Chinese electric vehicles, in an attempt to keep Chinese EV's from US markets. Then in labor news we discuss Starbucks' negotiations with unions and how Michigan's legislature killed "right-to-work" law after 58 years. Finally, we have an Interview Richard RJ Eskow on the current decline of the "US Empire". Richard Eskow is a journalist and host of The Zero Hour. a syndicated radio and television program. A lead writer, speechwriter, and editor for Bernie Sanders' 2016 campaign, he was also a featured columnist at The Huffington Post. He worked for years in the corporate world, with governments and with multinational organizations as the World Bank, specializing in healthcare financing, policy, and information technology. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Mar 12, 202429 min

S14 Ep 9Capitalism, Gender, And A Split Society

[EU S14 E09] Capitalism, Gender, And A Split Society This week's episode of Economic Update we discuss we discuss the underemployed of US college graduates, failed anti-Russian sanctions, the collapsed UK birthrate, and expanding wars in the Middle East, we will dive into the costs and risks in absence of a ceasefire in Gaza. Finally we Interview Dr. Harriet Fraad, host of Capitalism Hits Home and a clinical therapist. Professor Wolff and Dr. Fraad explore the post 1970's deindustrialization in the US, its impact on white males versus other social groups, and resulting US social splits. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Mar 5, 202429 min

S14 Ep 8Breaking Up With Capitalism

[EU S14 E08] Breaking Up With Capitalism This week's episode of Economic Update hosted by Professor Richard Wolff, we discuss the Philadelphia University of the Arts Faculty Union and its struggles; we clarify what declining inflation does and does not mean; we answer the question: as to why sanctions fail. Finally we interview Essence Magazine's senior news & politics editor, author, and lawyer Malaika Jabali. We discuss her newly released book "It's Not You Its 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 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info m

Feb 27, 202429 min

S14 Ep 7Capitalism and Tax Injustice

[EU S14 E07] Capitalism and Tax Injustice This week's episode of Economic Update hosted by Professor Richard Wolff, we discuss Germany's recession, California fast-food workers unionize, How the war in Ukraine boosts US stock market, corporate stock holdings, while hurting most wage/salary incomes, In addition we ask what lessons from the protest/revolt of European farmers? Finally, the ongoing exposing of major injustices of the US federal tax system (tax exemptions for schools, churches, hospitals, and charities and social security's flat tax system) If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Feb 20, 202429 min

S14 Ep 6The U.S. Tax System: Designed For Economic Injustice

[EU S14 E06] The U.S. Tax System Designed For Economic Injustice This week's episode of Economic Update hosted by Professor Richard Wolff, we will be discussing the increasingly more common corporate threats to force remote workers back to working onsite. We then turn to Ukraine war economics, U.S. vs BGI as anti-Chinese economic nationalism, US's escalation of war in the Middle East, and finally a critique of the US tax system's injustices. If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Feb 13, 202429 min

S14 Ep 5The US Economy As An Apartheid System

****************************************************************************** [EU S14 E05] The US Economy As An Apartheid System ****************************************************************************** This week's episode of Economic Update hosted by Professor Richard Wolff, we will be discussing the continuing decline of US manufacturing; a 29,000 person strike at California State Univ.; the Houthis disrupt Red Sea shipping in move against Israel; and Texas refuses to obey US federal government's rules in struggle over immigration and white supremacy. In addition we have a special Interview with leading economist Prof. Michael Hudson on basic crises facing US capitalism. If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: democracyatwork.info And as always, we thank for your attention, support and solidarity. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Feb 6, 202429 min

S14 Ep 4US Capitalism At The Crossroads

****************************************************************************** [EU S14 E04] US Capitalism At The Crossroads ****************************************************************************** This week's Economic Update Professor Richard Wolff discusses the special dimensions and qualities of the US labor movement's current dynamism; Thomas Piketty's analysis showing how capitalism generates widening wealth and income gaps leading to crashes or simmering, divisive, and domestic resentments. Leading to the system itself becomes destabilized. If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Jan 30, 202429 min

S14 Ep 3As The Empire Crumbles

****************************************************************************** [EU S14 E03] As The Empire Crumbles ****************************************************************************** In this week's episode of EU, Prof.Wolff delivers updates on the mass closing of Greyhound bus stations around the U.S., the escalating strengths of Russian obstacles in Ukraine, the choice the UK faces between paying for the bombing of Yemen or funding their National Health Service, how Boeing's safety debacle propelled China into the lead of global automotive exports and how Israel has also been aversely affected by the shifts and changes of the world economy caused by the decline of U.S. dominance. If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Jan 23, 202429 min

S14 Ep 2Corporations vs Democracy

****************************************************************************** [EU S14 E2] Corporations vs Democracy ****************************************************************************** In this weeks show, Prof. Wolff analyzes the corporation. It stands as a basic institution blocking real democracy in our society. The corporation's structure and operations empower and enrich a tiny social minority at the expense of the people's wealth and democratic power. Like the critiques of slave plantations and feudal manors that preceded the disappearance of those systems, the growing critique of capitalism reflects but also informs critical social movements now. If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Jan 16, 202429 min

S14 Ep 1The U.S. China Decoupling Myth

****************************************************************************** [EU S14 E1] The U.S. China Decoupling Myth ****************************************************************************** Happy New Year! For our first Economic Update of 2024, Professor Richard Wolff discusses the myth of the current narrative of the United States disconnecting itself economically from the Republic of China If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Jan 9, 202429 min

S13 Ep 46Facing The Human Rights Crisis

****************************************************************************** [EU S13 E46] Facing The Human Rights Crisis ****************************************************************************** This week's episode of Economic Update features updates on an analysis of Philadelphia, PA's extreme income inequality, the number of workers on striker per year since 2017 in the U.S., the UAW organizing a strike at the VW plant in Tennessee plus other UAW unionization drives and the 400k public employees on strike in Quebec that are heading towards a general strike. In the second half of, Prof. Wolff interviews Rob Robinson, formerly homeless advocate/fighter for homeless housing rights, housing, official of Human Rights Network and Chairman of The Left Forum. If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Dec 19, 202329 min

S13 Ep 45Politics, Economics & Chocolate: Capitalism's Flaws & Failures

****************************************************************************** [EU S13 E45] Politics, Economics & Chocolate: Capitalism's Flaws & Failures ****************************************************************************** This week's episode of Economic Update features updates on the economic crises in Argentina and Germany, the graduate student unionization wave happening across U.S., how & where the chocolate industry is using child labor, a critical analysis of what "profit" means and a departed Kissinger. If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. 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: / 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Dec 12, 202329 min

S13 Ep 44Economic Update: The U.S. Military Machine & What It Costs

We hope you all enjoy this week's episode of Economic Update featuring updates on Tesla vs the Swedish Unions, a teachers strike in Portland, Oregon, "food insecurity" in the U.S. today, how the King of Britain has been secretly profiting from assets of the dead and a Michigan "entrepreneur" failed in effort to buy electoral defeat of Rachid Tlaib. In the second half of this week's episode, Prof. Wolff interviews Norman Solomon on his latest book, "War Made invisible: How America Hides the Human Toll of its Military Machine". If you haven't already, please subscribe to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team **************************************************************************** [EU S13 E44] The U.S. Military Machine & What It Costs **************************************************************************** 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 key economic events happening around the world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Dec 5, 202329 min

S13 Ep 43Economic Update: American's Self Image VS Reality

Economic Update is now back to its regular programming schedule with a new episode released every Monday. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find on our website and as a Patreon audience member. So stay tuned, make sure you've subscribed to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team ****************************************************************************** [EU S13 E43] American's Self Image VS Reality ****************************************************************************** Updates on the closing of a Florida plant that should be converted to worker co-op, oil company profits VS the social damage they do, how mega-corporations (Walmart, Amazon) are taking over the grocery business and the social purpose and the meaning of the "middle class". In the second half of this week's episode, Prof. Wolff interviews Jared Yates Sexton. The discussion focuses on his latest book, "Midnight Kingdom" and how the U.S. practices social control by spinning stories the public sees and hears. 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 world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Nov 28, 202329 min

S13 Ep 42When Labor Movements Rise

Economic Update is now back to its regular programming schedule with a new episode released every Monday. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find on our website and as a Patreon audience member. So stay tuned, make sure you've subscribed to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team ********************************************************************************* [EU S13 E42] Economic Update: When Labor Movements Rise ********************************************************************************* "Updates on U.K.'s King Charles in Africa, the unionization struggles at Starbucks, a growing strike against Musk's Tesla and the Bangladeshi women's labor strike. An analysis of the economic concept of "surplus" and how capitalism makes it possible."

Nov 21, 202329 min

S13 Ep 41Inequality Undermines Health & Healthcare in the U.S.

Economic Update is now back to its regular programming schedule with a new episode released every Monday. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find on our website and as a Patreon audience member. So stay tuned, make sure you've subscribed to our channel, follow us on social media and of course be sure to sign up on our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team ********************************************************************************* [EU S13 E41] Inequality Undermines Health & Healthcare in the U.S. ********************************************************************************* "Updates on risks to UAW strike victories, realtors fined for collusion on real estate commissions, Bangladeshi strikes for higher minimum wages for clothing workers, China outmaneuvers Malaysia and US in rubber glove business, UN vote isolates US, Israel, Ukraine over Cuba embargo. Interview with Dr. Stephen Bezruchka on how economic inequality connects to stress, health problems, and inadequate healthcare."

Nov 14, 202329 min

S13 Ep 40Social & Labor Movements Claim Real Victories

Economic Update is now back to its regular programming schedule with a new episode released every Monday. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find here and on our website. So stay tuned, make sure you've subscribed to our channel, follow us on social media and of course be sure to sign up our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team ****************************************************************************** [S13 E40] Social & Labor Movements Claim Real Victories ****************************************************************************** "Update on Nobel Prize in economics to Harvard Prof. Claudia Goldin; comment on Maine/Halloween shootings, global financial secrecy index and President Biden's pursuit of money for war. Major segments on (i) UAW strike victories at Ford, GM and Stellantis, and (ii) abortion access victory in France." Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience. We want to thank our devoted community of supporters who help make this show possible each week and ask that you too join in supporting the work we do by encouraging others to subscribe to our YouTube channel as well as our website: www.democracyatwork.info

Nov 7, 202329 min

S13 Ep 39What Socialism Needs to Succeed

Economic Update is now back to its regular programming schedule with a new episode released every week. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find here and on our website. So stay tuned, make sure you've subscribed to our channel, follow us on social media and of course be sure to sign up our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team ****************************************************************************** [S13 E39] What Socialism Needs to Succeed ****************************************************************************** "This week's episode features a discussion of (1) the crisis of today's real left; (2) the need to acknowledge, build upon, but also go well beyond the successful socialisms of the 19th and 20th centuries; (3) the macro focus on the state and the omission of a microfocus on the workplace; and (4) democratizing workplaces as 'what is to be done'.

Oct 31, 202329 min

S13 Ep 38American Families Today are Crisis Ridden

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E 38] ********************************************************************************* This week's updates focus on Biden's inadequate student debt relief, Bastille Day and French Revolution, and alternatives to Artificial Intelligence being installed to increase profits and joblessness. Interview with Dr. Harriet Fraad on the crisis of the US family, causes and consequences.

Oct 24, 202329 min

S13 Ep 37Today's Agents of Change: Strikes, Unionization & Labor Militancy

Economic Update is now back to its regular programming schedule with a new episode released every Monday. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find here and on our website. So stay tuned, make sure you've subscribed to our channel, follow us on social media and of course be sure to sign up our website: www.democracyatwork.info And as always, we thank for your attention, support and solidarity. The d@w Team ********************************************************************************* [Economic Update S13 E37] Today's Agents of Change: Strikes, Unionization & Labor Militancy ********************************************************************************* "Updates on how Social Security makes African-Americans subsidize whites, lessons from a new survey of young Americans' politics, the injustice of Europe's central bank raising its interest rates, Taylor Swift publicly supports Hollywood strikers, and Coco Gauff publicly supports climate change activists. Interview Mike Elk, Editor of The Payday Report, tracking the strike wave across America and especially the huge autoworker's strike." Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

Oct 17, 202329 min

S13 Ep 36Corporate Greed VS Labor: The Struggle Intensifies

We are excited to announce that this week's episode of Economic Update is the first episode we have been able to release in the same timeframe as we had been doing for years until the difficulties of this past spring. This means Economic Update is back to its regular programming schedule with a new episode released each Monday. We couldn't be happier, more relieved and more excited to get back to creating the show we all have known, needed and loved since 2011 and to celebrate, we're going to release a few batches of "binge-worthy" episodes you will only find here and on our website. More details to follow and the best to stay in the know and to find out when our batch of EUs are going to drop, go to our website: www.democracyatwork.info and sign up for our newsletter. Be sure to check in here frequently as well, make sure you are subscribed to our channel and as always, we thank for your attention, support and solidarity. The d@w Team The d@w Team ********************************************************************************* [ S13 E 36] Corporate Greed VS Labor: The Struggle Intensifies ********************************************************************************* Updates on writers (WGA) strike, auto-workers (UAW) strike, failure of US Federal Reserve, US govt subsidizes private capitalists. Interview Pete Dolack on his new book "What Do We Need Bosses For? Toward Economic Democracy". Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

Oct 10, 202329 min

S13 Ep 26Declining Global Inequality And Socialism

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E 26] ********************************************************************************* This week's updates focus on the ridiculously low ranking of the U.S. among OECD nations, why & how mega-corps get richer faster than we do, the palpable solidarity between the Labor Unions and the writers' strike in the U.S, the UPS teamsters 97% vote to strike beginning on Aug 1, and how Pfizer fails to maintain supplies of penicillin. The major topics of discussion include why global inequality among nations is now falling, and why the phrase "socialism does not work" is flat out wrong. Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

Sep 21, 202329 min

S13 Ep 35Private Profits VS. Public Treasure - Saving The Redwoods

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E 35] ********************************************************************************* Updates on successful unionization drive against Starbucks' anti-union campaign, UK universities go to 3-day schedule so students can take jobs the other 3-4 days (fallout from a failing capitalism), UAW union prepares for strike against Ford, GM and Stellantis with Detroit community solidarity. Interview Eleanor Goldfield about her new film To The Trees exposing struggle: profiteers vs people protecting giant redwood forests.

Sep 20, 202329 min

S13 Ep 33Rebuilding Families Amidst A Crumbling Economy

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E 33] ********************************************************************************* Updates include how US labor rediscovers the general strike as WGA and SAG-AFTRA strikes merged in LA and allied with hotel workers,' teamsters', and teachers unions; drug-producing firms' profiteering cause shortages of needed medications; new research proves affirmative action for "legacy" students from rich, white families at Harvard, Yale and other elite schools, US domestic food supply chain includes gross examples of forced labor. Part 2 of an interview with Dr Harriet Fraad on new forms of family emerging as working class households react to collapsing traditional households. The family-economy link is a social problem not merely a personal problem.

Sep 20, 202329 min

S13 Ep 32Capitalism's Tools: Bankruptcy, China-Bashing and Gov't Suppor

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E 32] ********************************************************************************* Bankruptcy of Yellow Freight trucking exemplifies US capitalism's undemocratic core, history of US-China relations (from enmity to friendship to enmity), how GOP and Dems do NOT differ in providing governmental financial support to US corporations.

Sep 20, 202329 min

S13 Ep 29The U.S. Tax System: Rigged, Unfair & Fundamentally Unjust

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E 29] ********************************************************************************* This week's update focuses on a systematic overview of federal, state, and local tax systems in the US to show the injustices built into corporate and personal taxation of income, spending and property.

Sep 20, 202329 min

S13 Ep 28Unions and Strikes are the People's Power

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E 28] ********************************************************************************* This week's show brings updates on unionization of Stanford University grad student workers, UPS's 350,000 workers vote and prepare for strike, 2.5 million public employees in Germany strike and win big wage gains, LA sees biggest hotel workers strike in 50 years, win big wage gains at LA's biggest hotel. Major discussion of markets' failures using 2 examples: (1) FDR replacing markets with government rationing in World War 2, and (2) using the market to distribute housing causes gentrification and homelessness. Short concluding discussion of the reform vs revolution debate.

Sep 20, 202329 min

S13 Ep 34Profit & Inequality: Two Driving Forces of Capitalism

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E34] Profit & Inequality: Two Driving Forces of Capitalism ********************************************************************************* Updates on economists favoring rent control, leading global capitalists resent/resist US's China-bashing, urgent drug shortages in US and a public pharma industry. Major discussion of causes of rising US economic inequality since 1960s and its socially explosive political effects. Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience.

Sep 20, 202329 min

S13 Ep 30A Wise American Capitalist Criticizes U.S. Capitalism with Ben Cohen, co-founder/former CEO of Ben and Jerry's Ice Cream

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer. You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support, The d@w Team ********************************************************************************* [ S13 E 30] ********************************************************************************* This week's updates focus on Artificial Intelligence abused by employers as Profiteering Tool; racism in US universities, US-China economic competition, the progressivism of Tony Bennett. Interview with Ben Cohen, co-founder/former CEO of Ben and Jerry's Ice Cream on a capitalist's criticism of US capitalism.

Aug 16, 202329 min

S13 Ep 25Today's Class Struggles with Chris Hedges

THANK YOU FOR YOUR UNDERSTANDING, YOUR PATIENCE, YOUR KINDNESSES, CONCERNS, QUESTIONS, DEVOTION, YOUR SOLIDARITY & MOST IMPORTANTLY, THANK YOU FOR YOUR SUPPORT. IT HAS MEANT MORE THAN WE CAN SAY OVER THE PAST COUPLE OF MONTHS THAT WERE RIFE WITH TRIALS & TRIBULATION, BETRAYAL & HEARTACHE, BUT WE CONTINUE TO GET CLOSER TO WHERE WE WERE WITH EVERYDAY THANKS IN LARGE PART TO YOU, OUR FAMILY, OUR FRIENDS & THOSE WHO SUPPORT US STILL. If you haven't already, connect with us for the latest news from d@w by going to our website: https://www.democracyatwork.info There you will begin to see bits & pieces of the old @w as well as a few peeks into some of the exciting new things taking shape as a better version of d@w is on the horizon and we're sure you will enjoy. And don't forget to sign up for our newsletter so you won't miss any of the rollouts we have planned and here's a wink wink hint - Prof. Wolff's newest book is hitting the presses super soon and will be for sale before you know it. ************************************************************************** [EU S13 E25] Today's Class Struggles with Chris Hedges ************************************************************************** Updates on US small/medium businesses converting to worker coops, strikes at west coast ports and UPS, an employer uses fake priest to get workers' confessions for employers' use, Delaware allows businesses to vote in local elections (alongside individuals). Interview Chris Hedges on class struggles here and now. Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience. Also, a sincere apology for the continued spotty releases of Economic Update. We're ironing out the last remaining wrinkles and should be back(ish) by mid-August. Thank you all again, and we'll speak to you next week.

Jul 26, 202329 min

S13 Ep 24Capitalism's Costly Contradictions

WE OWE YOU ALL AN APOLOGY WE OWE YOU ALL AN EXPLANATION WE OWE YOU ALL OUR DEEPEST SENSE OF GRATITUDE THANK YOU FOR YOUR SUPPORT, YOUR UNDERSTANDING, YOUR PATIENCE, YOUR KINDNESSES, YOUR CONCERNS, YOUR QUESTIONS, YOUR DEVOTION, YOUR SOLIDARITY & MOST IMPORTANTLY, THANK YOU FOR YOUR SUPPORT. IT HAS MEANT MORE THAN WE CAN SAY HERE OVER THE PAST TWO MONTHS OF TRIALS, TRIBULATION AND NOW, THE TRIUMPH TO COME. Please stay connected with us for the latest news from d@w and stay tuned as well as Prof. Wolff explains what's been happening with d@w and the exciting changes to come that we're sure you will enjoy. Sign up for our newsletter for more info and updates as we roll out the next chapter of d@w. https://www.democracyatwork.info/sign_up ************************************************************************** [EU S13 E24] Capitalism's Costly Contradictions ************************************************************************** Updates on real US unemployment problem; Congress betrays students on student debt issue; huge majorities polled support US teachers, increased teachers pay, teachers' freedoms to teach about race, and teachers' power vs boards of education and state governors, importance of ILWU strike shutting down west coast seaports. Major discussions of capitalism's contradictions around (1) capitalists forever "saving on labor costs,"and (2) capitalists celebrating self-correcting markets." Economic Update with Richard D. Wolff is a @democracyatwrk 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 Every donation counts and helps us spread Prof. Wolff's message to a larger audience. A special thank you to our devoted donor community whose contributions make this show possible each week. **************************************************************************** SUBSCRIBE: EU Podcast | Apple Podcasts | Google Podcasts | Spotify | iHeartRADIO SUPPORT: Join our Patreon community at https://www.patreon.com/democracyatwork or donate on our website at https://www.democracyatwork.info/donate Follow us ONLINE: Facebook: https://www.facebook.com/EconomicUpdate https://www.facebook.com/RichardDWolff https://www.facebook.com/DemocracyatWrk Twitter: https://www.twitter.com/profwolff https://www.twitter.com/democracyatwrk Instagram: https://www.instagram.com/democracyatwrk https://www.instagram.com/profrickwolff Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop... **************************************************************************** Check out the Hardcover edition of "Understanding Marxism," by Professor Richard Wolff at: https://www.lulu.com/ "Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline."

Jul 12, 202329 min

S13 Ep 18Varoufakis' Critique of Capitalism Today

Yanis Varoufakis, elected member Greek parliament, joins Prof. Wolff on this week's show and offers his original, critical perspectives on (1) the banking crisis, (2) the decline of the US empire and US capitalism, (3) the mass uprisings of the French and Greek working classes in Europe, (4) the collapse of Europe's efforts to shape an independent (from the US and China) economic position, and (5) class struggle inside China.

Apr 27, 202329 min

S13 Ep 17The Emerging New World Economy: A New Empire, a Multipolar World, or a Post-Capitalist System

Four key changes drive a new world economy emerging from the old. First is capitalism's transition from neoliberal, globalizing to nationalistic capitalism. This includes the shift of capitalism's center from western Europe and the US to Asia and the global south and also includes the deepening economic inequality inside most nations. Second is the end of the stale, old debate between private and state capitalism (misnamed as capitalism vs socialism) in favor of private + state capitalism hybrids. Third is the post-peak decline of the US empire. Fourth is the urgent question of what comes next: a new empire, a multipolar world, or a new post-capitalist system that replaces employer-employee workplace organizations (private and public) with democratically run worker cooperative organizations. Economic Update with Richard D. Wolff is a d@w production. We make it a point to provide the show free of ads. Please consider supporting our work.

Apr 20, 202329 min

S13 Ep 16Today's Medicare for All Battle with Dr. William Bronston

In this week's show, Prof. Wolff discusses US deaths from Covid, poverty in the US labor force, US and Canada cooperate against immigrants, US warfare vs China's peacemaking, Amazon profits from cutting back on "free" shipping. In the second half of the show, Wolff interviews Dr. William Bronston, advocate for single-payer health care in the US. Economic Update with Richard D. Wolff is a d@w production. We make it a point to provide the show free of ads. Please consider supporting our work.

Apr 13, 202329 min

S13 Ep 15When We Put People First in US Politics

In this week's Economic Update, Prof. Wolff presents updates on the failures of GOP and Democrats to face or solve major crises; layoffs and stock buybacks by US hi-tech companies; a new study of "food insecurity" in LA county. The second half of the show is dedicated to a discussion of how US history of the 1920s and 1930s shows the possibility of a progressive political shift and upsurge in the US today. Economic Update with Richard D. Wolff is a d@w production. We make it a point to provide the show free of ads. Please consider supporting our work.

Apr 6, 202329 min

S13 Ep 14The Marxist Tradition

In this week's Economic Update, Prof. Wolff discusses the history and diversity of Marxist theories and practices that comprise the Marxist tradition. Wolff also explores why Marxism draws renewed interest globally now. Finally, a detailed examination shows how some basic insights from Marx's work are especially relevant to victims and critics of today's capitalism and especially to those who seek transition to another, better system. Economic Update with Richard D. Wolff is a d@w production. We make it a point to provide the show free of ads. Please consider supporting our work.

Mar 30, 202329 min

S13 Ep 13Why the US Constitution is an Obstacle to Change

In this week's show, Prof. Wolff presents updates on the US banking crisis, plant closing injustice, growing child labor in the US, Biden's budget's tax "proposals," and a new book that shows US homelessness is an economic problem. In the second half of the show, Wolff interviews Prof. Robert Ovetz on how and why the US Constitution blocks social change. Economic Update is a Democracy at Work production, made possible by audience donations. Consider supporting us on Patreon.

Mar 23, 202329 min

S13 Ep 12How Austerity Paves the Way for Fascism

This week, Professor Wolff interviews Prof. Clara Mattei on her new book "Capital Order: How Economists Invented Austerity and Paved the Way to Fascism."

Mar 16, 202329 min

S13 Ep 11Social Security, Ohio Derailment, Puerto Rican Poverty - US Capitalism Provokes

In this week's show, Prof. Wolff focuses on the struggle over Social Security- real versus false alternatives- and the East Palestine, Ohio, derailment tragedy. In the second half of the show, Wolff interviews Alexis Colon about the colonial status of Puerto Rico and Puerto Ricans fighting against it.

Mar 8, 202329 min

S13 Ep 10Establishment Media & Russia with Aaron Maté

In this week's show, Prof. Wolff presents updates on dying empires and climate crisis; mass shootings; fast-food mega-corps fund referendum to slow California plan to raise fast food workers wages and working conditions, and why the debt ceiling debate in Congress is a phony GOP-Dem political theater. In the second half of the show, Wolff interviews Aaron Mate, independent US media critic with special expertise on Russia.

Mar 2, 202329 min

S13 Ep 9Are Mega-Corporations Ruining Our World?

In this week's show, Prof. Wolff presents a critique of monopoly and oligopoly; past efforts and success in popular control over mega-corporations - in US and abroad; the fight back by mega-corporations to nullify reforms and regulations. Finally, some real solutions to the social problem and costs of an economy dominated by mega-corporations.

Feb 23, 202329 min