Claim OwnershipEconomic Update with Richard D. Wolff
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Economic Update is a weekly nationally syndicated radio 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 their own financial situation as well as the economy at large. By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, and profits - the program explores alternative ways to organize markets and government policies.
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On this week's show, Prof. Wolff discusses the following: the US is a poor place to raise kids according to a recent Forbes' magazine article, the collapsing restaurant industry, eviction policy (France vs US), Bugatti cars for very rich kids, and Pfizer CEO wants big profits from Covid-19 vaccine. On the second half of the show, Prof. Wolff talks with former Goldman Sachs banker Nomi Prins on how the Fed rigs US money supply in disastrous ways.
1On this week's show, Prof. Wolff discusses corruption of public workers' pensions, capitalist contracts displaced by legal fights, Canada's COVID-19 record vs US, retail apocalypse deepens, and Bezos vs 50 homeless people in Pittsfield. On the second half of the show, Prof. Wolff interviews economist and former UN Assistant Secretary General, Jomo Kwame Sundaram.
On this week's episode, Prof. Wolff presents the following updates: company cutting candy bar size but keeping the same price, Barcelona punishes landlords with empty apartments, Macy's closing stores while giving $millions bonuses to top executives, IMF anti-Covid-19 funds used instead to pay off private loans, health insurer profits because people cannot afford and fear doctor and hospital visits, Amazon profits from pandemic. On the second half of the show, Prof. Wolff interviews epidemiologist Rob Wallace on capitalist agriculture and viral pandemics.
Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of the 200th anniversary of his birth.
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United States
We don't need the government anymore.
To say Marx is the most important critic of capitalism is very Eurocentric and excludes BIPOC critics.
Why the fuck did you bring Dore on? Smfh.
I know you referenced Syndacalism as a brand of Socialism, but I'd really appreciate it if you mentioned Anarchist methods of organizing a Socialist/Communist economy/society.
It might be an incredible interview, but I could not understand anything from it due to very poor audio quality
Thank you❤️
What happened to all the old episodes? I only have 4 showing now.
Amazing! Thorough yet concise, empirical and consistent. Thanks for everything you do, Democracy at Work! <3
outstanding program
I've followed R.D. Wolff for a while and have enjoyed his books, but he is way off on UBI. he frames the argument completely wrong and doesn't seem to understand the underlying justification for it.
the only problem is that this implies that conservative politicians haven't allowed labor disparities and inequality to forment specifically because it makes voters easier to exploit and lie to
outstanding program
His brief history of China is utter dreck.
excellent program
outstanding program
outstanding program
love r.d. wolffe with 2 F's for a double dose of his Fight for Freedom and equality!
Yes daddy's home I've been very naughty please spank me Mr trump. Put a dog collar on me and drag me around Oakland.
Awesome podcast! Are you also going to upload the older episodes? I can only see the last five or six
love this podcast. Found out about you through Lee camp & redacted tonight. You definitely know how to thoughtfully frame our present day circumstances.