Economic Update with Richard D. Wolff
Democracy at Work, 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 production and distribution of the goods and services we all depend on.
Episodes
Mentioned books
Dec 13, 2018 • 29min
Economic Update: Cooperation Jackson: A Closer Look
This week's updates include: massive international study of profit-driven food production, the huge costs of contemporary loneliness, police raid Deutsche Bank, Falling house prices, Belgium follows France in mass street demonstrations, and US economy hurt by poor incomes of Millennials. Interview with Kali Akuno, co-founder of Cooperation Jackson, the Mississippi development project focused on worker coops.
Dec 12, 2018 • 7min
EU Extra: The Great American Purge
Professor Wolff continues his discussion of the economics behind the great U.S. anti-leftist purge ("McCarthyism") after 1945.
Dec 6, 2018 • 29min
Economic Update: The Great American Purge
The program begins by explaining the economics behind the great US anti-leftist purge ("McCarthyism") after 1945. It then shows the economic impacts of that purge over the last half century. Finally, it explains how that history produced a very different political response to the crash of 2008 compared to FDR's response to 1929.
Dec 5, 2018 • 11min
Economic Update Extra: Matthias Scheiblehner
Professor Wolff continues his interview with the founder of the worker owned Metis Construction Company in Seattle, Matthias Scheiblehner.
Nov 29, 2018 • 29min
Economic Update: Seattle Firm Converts to a Worker Co-op
Updates on Amazon subsidized by New York, Virginia; French people act to limit corporate greed, Sears favors bosses in bankruptcy too, Pfizer ups drug prices despite Trump, California fires expose US economic divide. Guest Matthias Scheiblehner discusses why his Seattle construction firm converted into a worker coop.
Nov 29, 2018 • 39min
Economic Update: Economic Realty vs Political Theater
Updates on plant closings, the post-NAFTA agreement, the economic costs of sexual harassment of women, the attack on China, and the failure of corp tax cuts to raise wages. Major discussions of US politics made dysfunctional by capitalism.
Nov 28, 2018 • 15min
EU Extra: Why Capitalism Demonizes Government
Professor Wolff continues his discussion of how capitalism demonizes government.
Nov 22, 2018 • 29min
Economic Update: Why Capitalism Demonizes Government
Updates on UK war on "Unexplained Wealth," why capitalism needs yet attacks government, historical reality of low wages in US, cozy deals between big corporations and credit rating agencies again. Major discussions of capitalism's oscillations between nationalist and internationalist phases (are we now moving backwards to nationalism again?) and once more on the inefficiency and immorality of markets as a mechanism of distribution.
Nov 20, 2018 • 14min
EU Extra: David Harvey
Professor Wolff continues his discussion with Professor David Harvey on the U.S. Midterm Elections.
Nov 15, 2018 • 29min
Economic Update: US Midterm Elections
Updates on how China hits back economically; capitalism surviving in Italy through explosive debt creation; why lotteries have heavy economic costs; and how Grinnell College undergraduate workers successfully organized. Interview with Prof. David Harvey on a Marxist view of the US midterm elections: causes and consequences.
