This week on Economic Update, Professor Wolff delivers updates on politicians' "blame game" of scapegoating to avoid blaming capitalism, middle class squeezed by prices, limits of...Read more
[S9 E32] Working Class History and the 2020 Election
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This week on Economic Update, Professor Wolff explores the historic parallels of the U.S. working class and politics in the U.S. He begins by exploring how and why the Great Depression of the 30’s married the U.S. working class to FDR's Democratic Party and then explains how...Read more
Updates on economics of 2 million home health aides, extreme Uber inequalities, Alaska universities 41% budget cuts, Michigan governor during Flint Water Crisis says his critics are...Read more
This week on Economic Update, Professor Wolff delivers updates on Trump as a distraction vehicle, more of French President Macron's corruption, how the global coffee price collapse is driving...
This week on Economic Update, Professor Wolff brings updates on the deprivation of non-white students, how fast food is made worse for profit, Wayfair workers’ demand for power, more scapegoating of immigrants and...Read more
20th century socialism is now behind us. Socialists continued to evaluate both its achievements and failures via extensive self-criticism. A changed socialism has emerged, focused on a transition of workplaces from top-down...
This week on Economic Update, Professor Wolff delivers updates on "regulatory capture" in the U.S. vs E.U., the IMF report on the U.S. economy finds major negatives and how Trump's desperation for re-election shapes his aggressive policies towards the Federal Reserve, China and Mexico.
In the second half of the show, Professor Wolff interviews John Duda from the Democracy Collaborative and one of the founders of Red Emma's Book store Coffeehouse, a 30-member worker cooperative in Baltimore.Read more
This week on Economic Update, Professor Wolff delivers updates on pay inequalities for CEOs VS average workers, the economics of mega-mergers, billionaires' idea of “charity”, the economic consequences of...
This week on Economic Update, Professor Wolff follows up with part two of his in-depth analyses of the USSR and anti-capitalist governments by providing (1) an overview of China's economic...Read more
This week on Economic Update, Professor Wolff goes beyond the simplistic, sterile Cold War debates of demonizers vs celebrants of the USSR as he delivers an in depth analysis of the USSR's strengths, weaknesses, successes and...Read more