Preview Mode Links will not work in preview mode
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 production 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. 
 
The subscription plan will give you access to all back catalogue and bonus episodes and interviews. We are committed to bringing you quality content with distinguished guests and the latest economic news that impacts all of our lives.  All our shows are free of ads.  The subscription service helps us pay for the costs of production. Please consider subscribing today.

 

  1. All Episodes
  2. Declining Global Inequality And Socialism

Declining Global Inequality And Socialism

Sep 21, 2023

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the next few days/weeks we will be releasing episodes of EU we were unable to share with our community of subscribers throughout the summer.

 

You can find out more about why we were unable to deliver EU to you here on YouTube by going to our website: https://www.democracyatwork.info and signing up for our newsletter that is scheduled to resume weekly distribution next week. Remember to check back here regularly as we continue to resume delivering the content and work we enjoy sharing with you and the rest of the world. Thanks as always for your attention & support,

 

The d@w Team

*********************************************************************************

[ S13 E 26] 

*********************************************************************************

This week's updates focus on the ridiculously low ranking of the U.S. among OECD nations, why & how mega-corps get richer faster than we do, the palpable solidarity between the Labor Unions and the writers' strike in the U.S, the UPS teamsters 97% vote to strike beginning on Aug 1, and how Pfizer fails to maintain supplies of penicillin. The major topics of discussion include why global inequality among nations is now falling, and why the phrase "socialism does not work" is flat out wrong.

Economic Update with Richard D. Wolff is a @democracyatwrk production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: https://www.patreon.com/democracyatwork Every donation counts and helps us spread Prof. Wolff's message to a larger audience.