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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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Now displaying: July, 2015
Jul 14, 2015
June 14, 2015 Today's updates include an analysis of unemployment numbers to show what they hide as well as reveal. Responses to listeners' questions expose the economics of lotteries and why the largest US corporations have recently used their profits to buy back their shares in the stock markets. The second half of the show features an in-depth interview with Prof. Sohnya Sayres where we explore the end of free college and universities in the US, the rise of administrators dominating students and faculty and what these trends have meant for the quality of higher education in the US.
Jul 14, 2015
June 21, 2015 Today’s show opens with Goldman Sachs’ injustice and then we move on to the 'independent contractor' ploy just busted at FedEx and Uber followed with Wisconsin governor's attack on public universities to lower taxes on corporations and the rich. In the second half of today’s show, we interview Prof Kristin Ross on her new book about the significance of the Paris Commune where workers fought injustice by reorganizing society dramatically and effectively.
Jul 14, 2015
June 28, 2015 Today’s updates begin with the victories of alumna, faculty and students over the autocratic board of Sweet Briar College in Virginia. We then discuss the uniquely awful US record on paid leave for workers and an interesting move by cities (ex: Santa Cruz, CA) to disconnect from corrupt big banks. We have fun with the US gov’t leaving the Waldorf Astoria hotel in New York and we celebrate the rising UK movement against austerity. The second half of the show features an interview with veteran reporter Bob Hennelly on the Pope’s statement about ecology, environment, and a failing economic system.
Jul 14, 2015
July 6, 2015 We are beginning a new 3-week experiment with a new format that includes two in-depth analyses, one in each half of the show. We begin this update by considering the different meanings of class, class analysis and class struggle across human history and why those differences matter so much now. Today’s second half explores how socialism evolved from a basic alternative to capitalism into a state capitalism not so different from private capitalism.
Jul 14, 2015

July 12, 2015 Continuing our new format experiment of two in-depth analyses, the first half of today’s show we discuss how The New Deal was both a victory and a defeat. Both offer crucial lessons for today’s world. In the show’s second half, we’ll dive into a critical review of labor’s short and long-run goals, labor’s defensive decline, and a new strategy built on lessons of that decline.

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