Economic Update

The extreme economic inequalities of both global and US capitalism are not new or exceptional. Capitalism reproduces inequality and repeatedly blocks or reverses redistribution efforts.Inequality stems from capitalist enterprises' internal organization: ...

On this week's show, Prof. Wolff presents updates on the radical policies of Berlin's city gov't and its Die LInke Party; why raising minimum wage to $15/hour is too little, too late; how bans on evictions and utility shut offs fight Covid-19; and lastly...

On this week's show, Prof. Wolff evaluates capitalism by how it deals with Covid-19 and talks about Boeing's latest fatal crash. The second half of the show is dedicated to a major discussion of the causes of Hitler in Germany as offering clues to the ri...

On this week's show, Prof. Wolff presents short updates on theEconomic Plans of the Biden administration and US economic inequality and why raising minimum wage to $15/hour is insufficient to deal with US economic inequality and its social consequences. ...

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...