Apr 28, 2026
In response to questions about Marx's relevance today, this program explains how Marx's criticism of capitalism was unique (more micro-focused than macro-focused analysis). It shows how Marx's critique of capitalism differs from his critique of slave and feudal class systems, on the one hand, and from...
Apr 21, 2026
On this week’s episode of Economic Update, Professor Wolff provides updates on the 3 major teachers’ unions struggling with the LA Unified School District, rising electricity costs in the U.S., and corrupt utility commissions, and on the extreme redistribution of wealth from the lower 99% to the richest 1% in the...
Apr 14, 2026
This week on Economic Update, Professor Wolff discusses the 3800 Colorado meatpackers on strike before diving into a presentation on how the war on Iran and the closure of the Strait of Hormuz have disrupted the production and transportation of oil and gas sufficiently to drive up oil and gas prices globally, while...
Apr 7, 2026
On this week’s episode of Economic Update, Professor Wolff presents updates on European turmoil that include how the French municipal elections are revealing Macron’s weaknesses, Germany’s opposition of the war on Iran, the UK waffling on Iran and helping the U.S., and Europe's deepening subordination to the U.S....