Economic Update with Richard D. Wolff

Economic Update with Richard D. Wolff is a weekly nationally syndicated 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 not only their own financial situation but the economy at large. Beyond focusing a critical eye on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program also explores systemic solutions to our economy's problems including alternative ways to organize porduction and distribution of the goods and services we all depend on.

Democracy at Work is a non-profit 501(c)3 that advocates for worker cooperatives and democratic workplaces as a key path to a different, stronger, democratic economic system. Generous contributions made from subscribers like you make our work possible. Economic Update is a collaborative effort, brought to you each week by the hard work and dedication of a team of workers. Your subscriptions fees help cover the cost of salaries and production costs. We are truly grateful for your support.

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How US Capitalism Uses Nationalism

Apr 29, 2021

From 1945 to 1990 we were told a great struggle pitted capitalism against socialism/communism (chiefly the USSR and China). Yet still today, US leaders demonize Russia and China despite the end of communism in the USSR and a huge growth of capitalist enterprises in China. The explanation lies in US capitalism's long...

A Green 3rd Party for the US

Apr 22, 2021

On this week's episode, Prof. Wolff talks about Rolls Royce's $400,000 cars, unionization defeat at Amazon, why Biden boom is just hype, and progressive wins in the New York state budget. On the second half of the show, Wolff welcomes Green Party leader Dr. Jill Stein to discuss the achievements and goals of...

Workers Successfully Take Over their Workplaces

Apr 15, 2021

On this week's show, Prof. Wolff discusses how the US home rental market is failing over 20% of all renters, and the basic flaws in Biden's $2 trillion infrastructure proposal. On the second half of the show, Prof. Wolff interviews Prof. Marcelo Vieta on his studies of workers' success in taking over enterprises...

Marxism's Ongoing Relevance

Apr 8, 2021

After clearing away the Cold War debris that blocked discussion of Marxism's insights since 1945, we focus on Marxism's core contribution to (1) thinking about and (2) changing modern capitalist society. That contribution is class structure and class struggle. Marxism explores how class struggle exists in...

When Economic Systems Fail

Apr 1, 2021

On this week's episode, Prof. Wolff talks about the structural failure of Biden's American Rescue Plan, Nigerian mass workers' movement, private electricity for the US rich, big vs small business struggles, and why opposition to lockdowns only prolongs Covid. On the second half of the program, Wolff interviews...