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Capitalism and War

Updates on UK elections, crisis's long-term effects, Kansas demonizes the poor, and the mustard-ketchup economic war. Responses to listeners on child-support economics and car production moving to Mexico. Major discussions: capitalism and war - a history, new stages of Cuban socialism and US Cuba-policy, the high stakes of Greece's economic situation. More

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Honest Economics

Updates on Bernanke's new big-bucks finance job, GM avoids billions in victims' claims for faulty ignitions, Seattle capitalist raises all workers to minimum $70k/yr, Americans' self-delusion on inequality, private profit trumps public policy, and anti-student-debt activism. Responses to listeners: impact on China if capitalism's relocation stopped. Major discussions of economics of wages and prices, narrowness of economics education, and basic global economic development issue. More

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The Worker Coop Alternative

Updates on inadequate unemployment insurance, Ted Cruz's campaign money, law giving domestic workers real benefits, and demonizing the poor. Responses to questions on California drought and US medical system's experiments on people. Interview with Yochai Gal on TechCollectives he organized: two successful worker coops. More

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Economic Change and Personal Life Crises

Updates on car parts industry, German courts cut Uber, Russia's economy grows despite sanctions, no recovery in declining teaching positions for new US PhDs in humanities, and huge Mexican strikes against Driscoll berries produced for US. Responses to listeners on (1) countries' currency manipulations and (2) role of unions in workers' coops. Interview Dr. Harriet Fraad, mental health counsellor, on how capitalism's changes since 1970s have disrupted the personal lives of US men and women and creative solutions. More

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LANGUAGE: English

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System Change: Then and Now

Updates on Trans-Pacific Partnership secrets, the Heinz-Kraft merger, the overly costly, underperforming US medical care system, fines for Graco selling faulty child car-seats, China's real-estate bubble, and estate tax repeal by Republican House. Response to listener on property: private versus public. Major discussion of how system change happened in the past and and how in capitalism today. More

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Economics of Corruption

Updates on Yellen press conference,"Blockupy" protests in Europe against ECB and austerity, New York mayor DiBlasio signs bill for worker coops, and important fight over closing Sweet Briar college. Interview with veteran reporter Bob Hennelly on economics of US political corruption with special focus on his native New Jersey. More

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Housing, Cities, Suburbs

Updates on pizza politics, changing currency values, and tax-cutting politicians' wild claims. Responses on workers coops' competitiveness and on 'unfree' agricultural markets. Interview Walter South on economics of housing and dangerous economics of US cities and suburbs. More

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LANGUAGE: English

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Economic Decline and Growing Resistance

Updates on taxis vs Uber vs driver coops, an apology on Detroit, International Womens Day, and cutting workers' compensation. Response to listeners on the economics of debts, past and present. Major discussions of (1) resisting economic decline: Minnesota governor, Emma Thompson and Pope Francis, (2) Wisconsin governor presides over economic decline, and (3) extremes of economic inequality. More

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It’s the System

Updates on German anti-capitalism, student debt default, credit card economics and unregulated chemicals. Response to listeners on pension scandals and Harvard economic research. More

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LANGUAGE: English

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Free Enterprise System Defects

Updates on Europeans' struggles against austerity policies. Response to questions on how workers' self-directed enterprises solve various problems (especially financing and different skill levels). In depth critical discussion of 'free enterprise' and the free enterprise system. More

LOCATION: Europe, Global
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LANGUAGE: English

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About Ecomomic Update

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Wolff focuses on wages, jobs, taxes, and debts – and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.

Economic Update is in partnership with Truthout.org