Economic Update with Richard D. Wolff

Democracy at Work, Richard D. Wolff
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Dec 20, 2015 • 59min

Economic Update: Economic Lessons from 2015

Updates on FED's interest rate hike, Peter Drucker on "like a business," gun business, and oil economics. Response to question on whether it is China that is slowing the world economy. Major discussion of Greek and Spanish austerity politics and how major oil, banking and auto corporations proved why we can and must do better than capitalism.
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Dec 13, 2015 • 59min

Economic Update: Transcending Capitalism

Updates on denying bailout for Puerto Rico and gross wealth inequality in US and Wisconsin. Response to listeners on guns and the capitalist profit motive. Interview with Prof. Cathy Mulder on transcending capitalism via worker cooperatives.
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Dec 7, 2015 • 59min

Economic Update: Austerity's Social Costs

Updates on Portugal joins Greece against austerity, US austerity especially in Puerto Rico and Illinois, useless laws for banks, words not action in Paris. Major discussions of Thanksgiving economics, Germany and refugees, France and terrorism, US airlines cheat for profits.
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Nov 30, 2015 • 59min

Economic Update: Why Whites in Trouble

Updates on economics of immigration, economic alarmists, Ireland as tax haven. Response to listeners on role and place for small business in worker-coop based economy. Interview with Dr Harriet Fraad on crisis for middle-aged whites in US today.
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Nov 23, 2015 • 59min

Economic Update: Big vs Small Business

Updates on Japan's Recession, half of New York City economically in trouble, ACA deductibles undermine affordability, Million student March, another crooked capitalist. Response to listeners on private vs public enterprises. Major topics: small vs big business and big ideas not being discussed in campaigns.
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Nov 16, 2015 • 59min

Economic Update: Economic Power Struggles

Updates on Greek and Portuguese austerity struggles, obesity and Coca Cola, importance of U of Missouri, JC Penney's fake sales, and Macy's urgent sales. Response to listeners on politics, economics of TPP. Major discussions of (1) upcoming FED decision on interest rates and (2) economic causes of gentrified US cities.
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Nov 9, 2015 • 59min

Economic Update: How Capitalism Works

Updates on capitalism vs higher education, real costs of apps, how other half banks. In depth analyses of projected economic downturn in 2016, capitalist inequality and housing changes, and how capitalism affects sports.
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Nov 2, 2015 • 59min

Economic Update: Teaching High School Economics

November 1, 2015 Today's episode includes updates on Obama's harshness regarding student debt, how much corporations and the rich abuse tax havens, MIT rejects fossil-fuel divestment and Tylenol's profit over safety practices. Prof. Wolff responds to listeners on where the US economy is now headed and discusses the problems and prospects of teaching economics after the 2008 crisis during an interview with life-long high school teacher Alan Schulman.
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Nov 1, 2015 • 59min

ECONOMIC UPDATE: WHEN PROFITS COME FIRST

Sept 7, 2015 This week's updates cover extreme poverty, workers' victory over tech giants, NFL concussions, Trump's economics analyzed and Oakland for worker coops. Prof Wolff responds to listeners questions on workers who lost out from 2007-2014 and on the injustice of state and local taxes. We close with major discussions of last week's stock market gyrations and the resurgence of socialism.
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Nov 1, 2015 • 59min

ECONOMIC UPDATE: PRECARIOUS WORK = CAPITALISM'S INEFFICIENCY

Sept 14, 2015 This week's updates include the economics of refugees, Ford buys French political wife, LAs homeless, Labor Day history, Seattle Teachers strike and why Japan's jobs are ever more precarious. Prof Wolff responds to listeners on why rising wages need NOT mean rising prices. Interview with Dr. Harriet Fraad, mental health counselor, on the psychological pains, personal suffering, and huge social costs of imposing uncertainty and precarity on job security, hours and days of work, benefits, and wages.

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