Economic Update

On this week's show, Professor Wolff explains where the government is respected and empowered, nations have effectively contained the Covid-19 pandemic. He gives examples including New Zealand, Taiwan, South Korea, Cuba, Vietnam, and China. Alternately, ...

This week, Professor Wolff gives updates on President-elect Biden's economic advisor "team", how Argentina's women's movement leads the defeat of the government and Roman Catholic Church oppositions to win legalized abortion and now targets other basic s...

 This program introduces the economic concept of "externalities." Those are the real costs of employers' business decisions that employers do not pay for or take into account: costs "external" to businesses' profit/loss calculations. Examples include cos...

This week's show features updates on the continuing lessons from 2020 at the year's end: the economics of US policing and the 'defund' campaign, building a Cold War against China, and lessons from the 2020 election about political monopoly. In the second...

 This week's show features a survey of the major economic events of 2020 that were poorly covered by mainstream media: the twin crises of viral pandemic/capitalist crash; protesting right-wing regimes (France, US, India, Poland); how the US Census Survey...

On this week's show, Prof. Wolff discusses Biden's 'new economic team,' big US banks falling short in key stress tests, India's 250-million-strong general strike, and lastly, huge chunk of US relief funds aimed at small and medium businesses grabbed inst...

 On this week's show, Prof. Wolff discusses the immense social waste of US unemployment now, Trump ban on investing in Chinese companies, new global organization for worker co-ops, higher education cuts in UK and US. The second half of the show features ...

 This week's show is dedicated to a discussion of the signs of US capitalism's decline. US history as the passage of US capitalism from its birth, through its state-supported growth and expansion, to its global peaking from 1945 to 2000. Wolff presents t...

On the first half of this week's show, Prof. Wolff discusses labor's gains in Florida and Maine and losses (the tragic Prop 22 in California), and the refutation of the claim that China's spectacular economic growth is a product of capitalism, not social...

  On this week’s show, Prof. Wolff presents the following short updates: Inspire Brands buys Dunkin Donuts, as big firms grow while medium and small firms die; private US capitalism is now on "life-support" financial dependence on US gov't; and pre-Covid...