Pages tagged "Economic Update"
Economic Update: The Harm Done by Economists
[S12 E37] New
This week on Economic Update, Prof. Wolff talks about the unionization drive among minor league professional baseball players, high poverty rates among US families working full-time year round, and the economics of discrimination against pregnant women. In the second half of the show, Wolff interviews Prof. George DeMartino...
Read moreEconomic Update: Rising Labor, Faltering System
[S12 E36] New
This week on Economic Update, Prof. Wolff talks about the prospects for a labor-union-worker co-op alliance; megacorp stock buybacks; why and how US/UK sanctions on Russia failed so far; the financial abuse of US retirees; and lastly...
Read moreEconomic Update: Record Homelessness Defies US "Solutions"
[S12 E35] New
In this week’s show, Prof. Wolff gives updates on China's changed global economic strategy, California's struggle over higher minimum wages, Boston Mayor siding with Starbucks' strikers, and “regulatory capture" issue again as Philip Morris hires top FDA tobacco scientist. In the second half of the show, Wolff interviews Rob Robinson...
Read moreEconomic Update: What is Communism?
[S12 E34] New
This program covers the origins, evolution, and current significance of "communism." After a brief history of communism as a utopian ideal of community, we treat Marx's presentation in the Communist Manifesto, and then communism's subordination to "socialism" to World War 1. That War changed everything. It split socialists everywhere into a Socialist Party and a Communist Party with key differences but also commonalities. When most European communist parties collapsed...
Read moreEconomic Update: Loneliness - Capitalism's Collateral Damage
[S12 E33] New
In this week’s show, Prof. Wolff presents updates on record homelessness in New York City, rapidly rising US household debt as recession looms, Washington retreats from globalization to economic nationalism, and 2.2 million in the US lacking running water. In the second half of the show, Wolff Interviews Dr. Harriet Fraad...
Read moreEconomic Update: Recession - Capitalism's Failure Invites System Change
[S12 E32] New
In this week's show, Prof. Wolff defines recession and shows its relation to inflation and stagflation in their respective roles within capitalism's inherent instability. Rooted in the structure of capitalism, recessions represent both costly burdens on employers and employees alike and also strong incentives to question, challenge, and go beyond...
Read moreEconomic Update: The Deepening Fragility of US Power
[S12 E31] New
In this week’s show, Prof. Wolff presents updates on successful unionization at Trader Joe’s, lottery tickets as disguised regressive taxation, gasoline inflation brings record profits to big oil companies, and pharmaceutical industries' ad campaign to...
Read moreEconomic Update: Noam Chomsky on Fragile US Empire
[S12 E30] New
In this week’s show, Prof. Wolff gives updates on US freight workers strike preparations; progressives and labor targeting municipal government; Chipotle store-closing to stop unionizing, and Occupy Wall Street's "Debt Collective" $5.8 billion student loan forgiveness win. In the second half of the show, Prof. Wolff interviews Noam Chomsky...
Read moreEconomic Update: Marianne Williamson on US Politics
[S12 E29] New
In this week's show, Prof. Wolff presents updates on the decline/fall of Boris Johnson and the parallels with Trump; the Sri Lanka collapse and its lessons; Match Corp secretly funding sides in "culture wars" to keep customers, and the latest from UK's Conservative party. In the second half of the show, Wolff talks with Marianne Williamson...
Read moreEconomic Update: Twin Upsurges - Unionizing and Left Politics
[S12 E28] New
In this week's show, Prof Wolff discusses the unionization efforts by post-doc medical researchers vote union, central bankers mislead on inflation, rising economic footprint and power of...
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