Rick-Wolff-74x74
Capitalism’s Personal Costs

Updates on Italy's general strike, opera economics, Miami baseball, and Argentina loans. Responses to listeners on economics of US children and on a new political party. Interview on personal and psychological costs of capitalism with Dr Harriet Fraad. More

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LANGUAGE: English

Rick-Wolff-74x74
Extreme Capitalism

Updates on low Irish taxes on corps, interns fight back, thriving opium, VW brings new labor relations to US, big banks caught cheating again. Replies to questions on domestic outsourcing and democracy of workers self-directed enterprises. Major discussions of college sports, the business oligarchy in the US and forgiving countries' debts. More

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LANGUAGE: English

Rick-Wolff-74x74
“Elections but no Democracy”

Updates on election results, Ebola, mortgage rules, China limits execs' pay, and whose got the wealth. Responses to listeners on changes at Costco, so-called "non-profits", why ever more billionaires, and Piketty's problem. Major topics discussed: election economics, child poverty, Capitalism and Democracy. More

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LANGUAGE: English

Rick-Wolff-74x74
Hostages to Profits

Updates on destroying public higher education, labor actions, Vermont labels GMO food, workers doing without days off. Major discussions of municipal bonds and how profits drive Capitalism. Response to listeners on PO banks and history of economic systems. More

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LANGUAGE: English

Rick-Wolff-74x74
Capitalism, Inequality, and Martin Luther King

Updates on Detroit's water shutoffs, corporations prioritize profit at people's expense (4 big examples), US Senators making money, economics of ebola, and hedge funds pay fines with pensioners' money. Interview: Dr. Obery hendricks, Jr., on Martin Luther King, Jr.'s lifelong criticism of capitalism and preference for democratic socialism. Response to listeners on (1) economics of the disabled (productivity and wages) and (2) reduced 2014 deficit in US. More

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LANGUAGE: English

Rick-Wolff-74x74
Economic Realities

Updates on Walmart shifts medical insurance costs onto US, payday loans, US child poverty, Obama versus workers' needs, profits and death from opioids. Major discussions of medical-industrial complex, manufacturing "renaissance" fantasy, and "socialism's" different meanings. Response to listeners on remarkable economics of US securities industry. More

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LANGUAGE: English

Rick-Wolff-74x74
“Why Economics so Poorly Understood”

Updates on GM recalls, Cuba's investment in medical training, Germany's end all tuition requirements. Major discussions of why economics education so poor and report from Santa Fe movement for public banking. Response to listeners on why no recovery from the crisis and how to think about transition to worker coop based economy. More

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LANGUAGE: English

Rick-Wolff-74x74
“The Economics of Corporations”

Updates on economics of migrants, choosing not to go to college, corporate tax dodges and their effects. Major discussions of (1) the economics of insurance, and (2) the basic economics of capitalist corporations. Responses to questions on (1) Rockefellers selling their fossil fuel holdings and (2) the economics of "mutual" companies. More

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LANGUAGE: English

Rick-Wolff-74x74
“How Capitalism Works”

Updates on why efforts against obesity fail, Cadillac moves to New York, Atlanta Symphony lockout, subprime auto-credit, bank economics. Major discussion on the economics of climate change. Responses to questions on Jamestown in US history, minimum wage struggles now, and economics of insurance. More

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LANGUAGE: English

Rick-Wolff-74x74
“Big Economic Changes”

Updates on new census data, Kentucky town goes "socialist," big wage theft, Maine workers coop, economic insecurity. Major discussions on "gentrification", Yellen worried, tax consequences on inequality, and global economic of beer. Responses on min wage struggles, corporate "persons" and BRICS bank. More

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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