Economic Update

On this week's show, Prof. Wolff present updates on global supply chain slow-downs; student costs/debts in US, UK far higher than in most peer nations; FED adds inflation to the ways its policies worsen income and wealth inequalities; and lastly, higher ...

20th century socialism is now behind us. Socialists continued to evaluate both its achievements and failures via extensive self-criticism. A changed socialism has emerged, focused on a transition of workplaces from top-down hierarchical capitalist struct...

This program is devoted to Occupy Wall Street (OWS) on its 10th anniversary. Prof. Wolff discusses OWS as a historic turning point, as legacy for the US left, and his personal experience. Wolff presents OWS's 4 basic causes, its anti-capitalist economics...

On this week's show, Prof. Wolff presents updates on the complexities of anti-vaccination movements, the long decline of religion in US capitalism, Disneys’s shift to serve the richest, lessons from AFL-CIO chief Richard Trumka's leadership, and failures...

On this week's show, Prof. Wolff presents updates on Alabama miners' strike, how China's focus on reducing inequality affects competition with the US, and the economics of the "right to repair" consumers' movement in the US. The second half of the show f...

 This week on Economic Update, Prof. Wolff discusses the new US program for monthly child benefits; why Covid strengthens some and divides other nations; the myth of "labor shortage;" the real cost of ultra-luxury cruises; Uber and sexual assaults; and l...

On this week's show, Prof. Wolff provides updates on two small labor victories (Vermont's AFL-CIO and 4000 pork-processing meat cutters in Sioux Falls), how global capitalism became even more unequal during the pandemic, Iceland's move to the 4-day work ...

On this week's show, Prof. Wolff discusses the election of a socialist, African-American woman as new mayor in Buffalo, NY; US unemployment insurance's meager support for jobless; Teamsters target Amazon workers for union drive; veterans' suicides and th...

On this week's show, Prof. Wolff presents updates on "The Friends" reunion and what it teaches, how China outmaneuvers US tariffs, etc., and how Yellow Vests plus French unions defeated Macron "reforms." On the second half of the program, Wolff interview...

 On this week's show, Prof. Wolff talks about Chipotle Mexican Grill blaming its price increases on its workers, economist Arthur Laffer's claims that many poor, minority workers are "not worth $15/hour." and false claims that lower taxes help economic g...