Jul 30, 2024
On this week’s Economic Update, Professor Wolff devotes the entire program to explaining clearly and accessibly what government deficits are, why they occur, and who benefits from them.
We show how deficits and debts reward corporations and the rich at the expense of the mass of employees. This show will equip...
Jul 23, 2024
On this week’s Economic Update, Professor Wolff discusses a huge victory for Uber and Lyft drivers' struggling for better wages in Massachusetts; we also bring to your attention six United States senators who criticized Jamie Dimon, CEO of JP Morgan Chase for failing to curb fossil fuel investments as he promised....
Jul 16, 2024
On this week’s Economic Update, Professor Wolff discusses the remarkable bursts of unionization at Starbucks in the US, award-winning New York nurse fired for referring to "genocide" in Gaza, and critique of Paul Krugman's argument that "democracy" is at stake in the 2024 election.
Finally, we close with a major...
Jul 9, 2024
On this week’s Economic Update, the entire program is devoted to how old socialism's rapid growth and global spread in the 19th and 20th centuries entailed a focus on the state. Key issues were: (1) would the socialist state limit itself to regulating capitalist enterprises and the market (as in many Western European...
Jul 2, 2024
In this week’s Economic Update, Professor Richard Wolff discusses the rise of the Chinese car industry, the struggle between employers vs employees over in-person vs remote workplaces, and the US military's anti-vax program in the Philippines as part of the US-China Cold War that is already underway. In the...