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Economic Update with Richard D. Wolff

Economic Update is a weekly nationally syndicated radio program produced by Democracy at Work and hosted by Richard D. Wolff. The program explores complex economic issues and empowers listeners with information to analyze their own financial situation as well as the economy at large. By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, and profits - the program explores alternative ways to organize markets and government policies.
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Economic Update with Richard D. Wolff
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Feb 15, 2018
Updates on capitalist fishing industry self-destructs, how malls mirror US capitalism, blaming government self -destructs in Oklahoma, renationalizing in UK, Mulvaney says interest rate spikes coming (how tax cuts hurt us). Interview with lifelong unionist Charles Fabian on decline and potential of US labor movement.
Feb 8, 2018
Updates on economic data hype vs reality, big capitalists against health capitalists, profit-driven housing rip-offs, Saudi Arabia taxes its own super rich, London top male execs abuse women they hire, and US vs UK homelessness. Interview with Dr. Harriet Fraad on "Capitalism and Mental Health."
Feb 1, 2018
Updates on corp tax savings not used for bonuses or wage increases, why tariffs fail to rescue jobs, UK and US universities react to economic change, Trump's solar panel tariffs are political theater, and Ursula LeGuin's critique of capitalism. Interview with Mary Douglas, Exec. Director of Democratize the Enterprise.
Jan 25, 2018

Updates on New York City's suit against big oil and dumping $5 billion in fossil fuel investments, fast-rising US consumer debt, further attacks on labor and living standards in Greece, collapse of Carillion Corp exposes failure of privatization in UK, and how CVS' touch-ups of beauty images expose economics of advertising.  Interview with Prof. Bertell Ollman on Marx's distinctive contributions to analyzing capitalist society, past and present.

Jan 18, 2018

Updates on problems and solutions for workplace discrimination, China's ascending economy, capitalism's drive to income and wealth inequalities, economics of immigration's winners and losers, US capitalism and African-Americans. Interview with co-author Prof. Richard McIntyre on new book: Knowledge, Class and Economics: Marxism Without Guarantees.

Jan 12, 2018
Updates on UN report on poverty in the US, oreos produced in Mexico, US households with zero or negative net worth, Germany's negative utility prices, Germany's bold labor strikes, Iceland law on equal pay for equal work, the myth of US economic "recovery," and Canada's Tim Horton sabotages rising minimum wage. Interview with Dr. Harriet Fraad on US opioid epidemic: psychology and capitalism.
Jan 4, 2018

Updates on net neutrality, workplace sexual harassment, bitcoin, worsening global inequality, Europe's recovery and instability, and using prison labor to fight fires. Major discussions of consumerism, gathering revolt against capitalism, and the economics of alternative populisms.

Dec 21, 2017
Updates on Economic Threats: Corbyn vs Morgan Stanley, cars for super-rich, information vs profit, Fed chair Powell's over-reach, why regulations are never enough, and corporate criminality. Interview with David Jette about public vs private banking.
Dec 15, 2017
Updates on UK company's parental leave policies, Citibank fined for abusing student borrowers, US tobacco companies air self-critical ads, Bezos' obscene wealth, and ideological attack on US higher education. Major topic discussions: Marxian economics and UK Labor Party policy initiatives.
Dec 7, 2017
Updates on other countries undercut US tax changes, US graduate students: fewer and taxed more, "recovery" myth vs foreclosure stats, Valve Corp: worker coops better for innovation, 2017 Nobel Peace Prize snubbed, Starbucks: not really worker-friendly. Interview with Dr. Harriet Fraad on revolt against sexual abuse.
Nov 30, 2017
Updates on Uber's corrupt profiteering, sugar producers immoral cancer research, Trump's personal business, neglecting New York subways, UK's historic wage decline, and Norway's sovereign wealth fund. Interview with economist Stephanie Kelton, adviser to Bernie Sanders.
Nov 22, 2017
Updates on corrupt Congressional "tax reform," giant corporations' abuse of power, GE CEO wastes millions, corporate structure and sexual harassment/abuse, Detroit's fake "renaissance," dying US malls, unaffordable rents expose fake economic "recovery," and pharma giant Astra-Zeneca shows how capitalism endangers health. Interview of author and broadcaster Laura Flanders on mass media changes in today's capitalism.
Nov 16, 2017
Updates on Maine's progressive economic changes, US Senate documents how the very rich abuse the estate tax, Nestle profits as nearby Flint's water still polluted, poverty and 'social exclusion' in Greece and Europe, Trump/GOP cuts health programs, US profits rise as wage share falls. Major discussions: (1) economics of migration and (2) economics of coalitions between labor unions and worker coops.
Nov 9, 2017
Updates on critique of Uber and gig economy; WI Sen Johnson endorses inequality; Norway to pay male and female athletes same; corporations buy back their own shares; deaths of overworked Japanese; 10% NY school kids homeless; and majority of major US corporations already pay much below official 35% tax rate. Major discussion of changing economics of socialism.
Nov 2, 2017
Updates on mostly low-paid service jobs in US future, Senate deregulates banks, college spending per student reinforces income inequality, US loneliness a factor in illnesses and premature death, Univ of Chicago grad students unionize, Brazilian civil and religious authorities push almost-rotten food for the poor, and costs of pollution. Interview Dr. Harriet Fraad on psychology and economics of sex work industry.
Oct 27, 2017
Updates on privatized probation, New Zealand rejects austerity, electricity cutoffs refute "recovery," declining medical insurance, neo-liberalism attacked, rich funders of fake 'public interest groups.' Interview with two professors (Umberto Lorenzo and Richard McIntyre) on Cuba's socialist economy changing toward worker coops.
Oct 19, 2017
Updates on passage of CA Disclose Act; Monarch Airlines fails; Equifax, Yahoo, and Johnson & Johnson are untrustworthy US corporations, 2 Sisters Food Group is the same in UK, Washington sues big pharma corporations for contributing to opioid crisis; and socially destructive corporate behavior. Interview with Emma Yorra, specialist in the development of worker coops, Sunset Park, Brooklyn.
Oct 12, 2017

Updates on economic costs/benefits of refugees, rise of BRICS nations in world economy (vs US decline), closing and privatization of US public libraries, size of slavery and forced child labor in world economy now, and how the "gig" economy is just another effort to profit by lengthening the working day. Major discussion: what the historical transition to capitalism suggests about transition from capitalism to a worker-coop-based economic system.

Oct 5, 2017

Updates on Trump/GOP tax plan, Americans having "trouble paying bills," post-1989 Russia more unequal than USSR, Eastern now colony of Western Europe, targeting finance vs entire system, closing rural US hospitals, Puerto Rico as US colony. Interview Dr. Harriet Fraad on economics, psychology and mass murders.

Oct 1, 2017

Updates on closing 6,400 retail stores in 2017, decline in US housing starts, 800 major corporations oppose Trump on DACA, US child poverty rates, US to rely on banks' "self-reporting" of their misdeeds, and significance of California Disclose Act. Interview investigative journalist Bob Hennelly on Local 3 strike in New York and its importance to the US labor movement today.

Sep 22, 2017
Updates on major capitalist failures, buying senators on health care, opioid addiction's effects on insurance and on labor force participation, price gouging in emergencies, and US income inequality. Major discussion on 100th anniversary of Russian Revolution in 1917: lessons of USSR economic history for 21st century socialism.
Sep 14, 2017
Updates on capitalism and hurricanes, the business of drug addiction and overdose, with poverty, hookworm too returns to America, and the economics of elite universities' tax avoidance.
Interview with Chris Hedges on a declining, decaying capitalism.
Sep 7, 2017

Updates on Wonderwoman, Archbishop's critique of UK economic system, a US Labor Day comment, McDonald's workers strike in UK, economics of hurricanes, and economics of the Trump/GOP tax cut "reform." Interview Dr. Harriet Fraad: the capitalist system's impacts on health - from stress to death - are mostly unacknowledged or taken account of in its key decisions.  

Aug 31, 2017

Updates on US working conditions 2017, looming US recession and plans for negative interest rates, schools raise funds by shaming poor school children, and the economics of fascism. Major discussion: why FDR's New Deal (successful trickle up economics) was not repeated after 2008 (unsuccessful trickle down economics). Consequences of post-1945 destruction of coalition that produced New Deal.

Aug 24, 2017
Updates on Trump vs Amazon over taxes, Americans dying younger, Monsanto profits at farmers' expense, and economics of homeless school children. SPECIAL GUEST: Activist Ron Robinson on US water crisis.
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