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Economic Update with Richard D. Wolff
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Economic Update with Richard D. Wolff

Author: Democracy at Work, 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.
4 Episodes
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Updates on US church membership and its tax subsidies, Toyota and Merkel slam US economic nationalism, 40 US states sue price-gouging pharma firms, Trump ("self-described "tariff man") does not understand that Americans pay all tariffs he imposes, Mothers' Day and the minimum wage, capitalism and politicians' corruption. Interview Neha Mathew-Shah, Pres., Progressive Workers Union.
As ever more people become anti-capitalist and look toward socialist alternatives, it is important to grasp key differences among the alternative kinds of socialism. This program explains those differences among (1) the moderate or "democratic" socialism ( a la Scandinavia), (2) the communist kind of socialism (in the USSR and People's Republic of China, and (3) the new socialism focused on democratizing the work place. Doing better than capitalism will require deciding which of these three kinds of "socialism" (or what combination of them) will be the better economic structure.
This special edition of "Economic Update" is devoted to Understanding Marxism, the title of a short new book just published by Democracyatwork. Today's program, like the book, explains Marxism's systemic insights into capitalism now. We discuss Marxism's basic criticisms of capitalism and also its complex relationship to socialism. Finally, we offer a survey of the last century of Marxism's huge, diverse influences on modern economics, politics and culture around the world.
Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of the 200th anniversary of his birth.
Comments (12)

space_junk

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.

Mar 25th
Reply

Nadim Sarrouh

Awesome podcast! Are you also going to upload the older episodes? I can only see the last five or six

Nov 28th
Reply

Joseph Weeks

love this podcast. Found out about you through Lee camp & redacted tonight. You definitely know how to thoughtfully frame our present day circumstances.

Nov 23rd
Reply

space_junk

But how will we toughen up our children if we cannot beat the shit out of them?

Nov 16th
Reply

Ezra Fickov

thought this was actually about positive economics. it's much more of an opinion driven commentary. biiiig dif.

Oct 18th
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Ezra Fickov

Joseph Weeks erm...see the 1st sentence of your comment, then the entirety of my last, homie. I prefer :more: discussion on what is, as there is always more to know, and less on... to use your words "what should be" as it's can often, not always.. often.. amount to opinion/conjecture... and moralizing. positive economics vs normative economics -or..imo- positive economics>normative economics

Nov 25th
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Joseph Weeks

Ezra Fickov not paying attention? he does talk about what is & the only way to change to what should be is to know how it should not be. which the system currently is, how it should not be as it is destroying the planet for the enrichment of the few. An economic system cannot be positive until it actually serves all living things on the planet & future generations.

Nov 23rd
Reply

nicola dugar

none of the episodes are playing? it says "source file not available"

Oct 4th
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Akshita Batra

Why isn't this working??

Jun 7th
Reply

Kasra Garousi

Akshita Batra what isn't working?

Jul 20th
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