Economic Update

In this week's Economic Update, Prof. Wolff presents updates on the Twitter-Musk scandals, critique of profit as return to risk, mass European union-led strikes against inflation, economic crisis of 54 poorest nations today, US General Assembly vote ...

 In this week’s show, Prof. Wolff discusses the massive strike of Canadian public employees; economics of the unemployed; business owners,executives and lawyers dominate US state legislatures; and how rising interest rates push the most vulnerable to...

In this week's show, Prof. Wolff presents updates on students' solidarity with workers at Smith College; US car industry manipulates supply/demand to inflate prices, profits; Teamsters strike, solidarity defeat Sysco Systems; Starbucks provokes its 2...

  In this week's show, Prof. Wolff talks about a new Congress report on huge US wealth inequality; Angela Merkel on relying on Russian oil and gas, the irrationality of 20,000 immigrants dumped on NYC, and Harvard exploiting its tax-exempt status. In...

This week on Economic Update, Profl Wolff shows how the economics of existing capitalist and socialist economies make use of both markets and planning. The opposition of markets and planning is largely false and has worked to distract students and observ...

  In this week's show, Prof. Wolff discusses US sanctions against Chinese semiconductor chip makers, OPEC+ cuts oil production by 2 million barrels per day boosting inflation, desperate UK conservatives abandon Brexit scapegoat to cozy up to Europe, and ...

 In this week's show, Prof. Wolff discusses global capitalism's "perfect storm" (inflation + rising interest rates + reduced production = "stagflation"); 1000 SFO food workers strike and win; FedEx reinforces "stagflation" predictions, and hurricane Ian ...

 In this week's show, Prof. Wolff presents a brief summary of last week's Part 1 as basis for analyzing how WW2 provoked the political independence struggles that changed colonialism into neo-colonialism; how and why political independence is not, by its...

This week's show focuses on an analysis of capitalist colonialism that begins with the passing of Queen Elizabeth as a monument to the passing of the British Empire itself. Wolff discusses the differences between pre-capitalist and capitalist colonialism...

 In this week's show, Prof. Wolff talks about the large strikes in Seattle (teachers) and Minnesota (nurses), the significance of Sweden's big vote for ex-Nazi party, and how anti-Russia sanctions cause US electricity prices to rise at twice the inflatio...