Economic Update

 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, Mothe...

Blurb: 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" so...

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...

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 differen...

Updates on the US "bribing for college admission" scandal, how lobbyists reflect and worsen inequality, So. and No. Carolina teachers strike for better education, how NDAs (non-disclosure agreements) reflect and worsen workplace inequalities across globa...

Updates on 60 megacorps who paid no 2018 Federal taxes, GM's CEO gets $29.1 million while GM fires thousands, wrecks communities, etc., Notre Dame tragedy exposes French inequality as billionaires suddenly find money for a church, not for people, rising ...

 Updates on US college students as share-croppers for investors, on conservatives' fake opposition to gov't intervention in the economy, on deepening inadequacy of retirement savings of US baby boomers, and on how fading US middle class leads many first ...

This over 200-year debate and struggle has become confused and confusing. Too many different definitions make honest, balanced discussions and evaluations of these alternative systems difficult. Because socialism is rising yet again to challenge c...

Updates on Chicago in change, decline of world trade, New York's "congestion pricing,  IMF on Trump trade war and hi-tech monopolies, 7 states sue Ag Dept over school lunch deregulations, Trump cautions audience "Don't underestimate "the power of sociali...

On this week's show, Prof. Wolff presents updates on Brexit and Mueller Report, Chicago is new site of labor upsurge, how income shapes education and thus "merit," why objections to Green New Deal and Medicare for All are mistaken, how a fascistic "punis...