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Progressive Radio Network
Economic Update
News & Politics
English
Richard D. Wolff, a weekly TV and radio show and podcast
Website
Episodes
20
13 September 2025
Economic Update: An Argument for a New Labor Party
The left-wing surge of the US working class during the 1930s Great Depression forced the Democratic Party to make the US govt serve the working class more than it ever had before or since. It was called the New Deal. In reaction, the US employer class, angry that gov't programs for the people were paid for by taxes on corporations and the rich, turned to the Republican Party after world war 2...
29 min
06 September 2025
Economic Update: Social Problems Require Social Movement Solutions
This week's updates covers Trump ending Housing First, Spain goes for a wealth tax, Trump disqualifies unions at government agencies, France's mass movement on September 10th against the Macron government, and Air Canada's strike by flight attendants who defied the government back-to-work order and won against both the Canadian government and their employer, Air Canada.
29 min
30 August 2025
Economic Update: Government Deficits; Why They Happen, Who Benefits From Them, and MMT
Professor Wolff explains what deficits are and why the capitalist system enables and invites employers to cause them. He then proceeds to explain how deficits both solve specific problems of capitalism while also causing others. Over time, problems accumulate to undermine the credit of the US and bring economic crisis. Modern Monetary Theory (MMT) is shown to offer one way out of the crisis by...
29 min
23 August 2025
Economic Update: Best of Economic Update Part 4: Today's Economic Failures
In this week's episode of the "Best Of Economic Update Series," we examine a comparison between the economic failures we face today caused by the same political forces and capitalists that we have encountered before, as well as the causes and effects of economic policies proven to fail.
29 min
16 August 2025
Economic Update: Best Of Series Part 3: Interviews Echoing Today
This week on Economic Update, we take a look back at some of Prof. Wolff's guest interviews from years past that still echo in today's global socio-economic setting. We hope you're enjoying this "Best Of" series. We will return to regular weekly updates on Labor Day, and as always, we thank you for your attention, support, and solidarity.
29 min
09 August 2025
Economic Update: Best Of Series Part 2: The Most Viewed Updates
This week on Economic Update, we revisit two of the most viewed episodes of Economic Update. The first features Professor Wolff's analysis of the key changes driving the emergence of a new economic world order, and the second provides a look at the causes and effects of China's economic achievements.
29 min
02 August 2025
Economic Update: Best Of Series Part 1: Psychology & Trump
This week on Economic Update, we take a look back at Donald Trump's first term as president through the lens of psychology with Dr. Harriet Fraad. She explains what could have led people to vote for him instead of the alternative, and provides a backdrop of the socio-economic situation facing his supporters at that time. She is followed by another interview with Professor Wolff and Dr. Arlie...
29 min
26 July 2025
Economic Update: Mamdani's Win in New York: Causes and Prospects for a Socialist Mayor
This week on Economic Update, Professor Wolff discusses the following about Mamdani's victory in the New York City Democratic mayoral race: (1) how it happened, who voted for him and why; (2) the varieties of socialism and the long history of "municipal socialism" in the US and overseas, (3) possible socialist programs for a Mamdani mayoral administration; and (4) tax revenue possibilities to pay...
29 min
19 July 2025
Economic Update: Capitalism and Culture, Their Connection in Crisis Now
On this week’s episode of Economic Update, Professor Wolff provides updates on Medicare advantage and "pre-authorization" as a way to reduce Medicare payments, liberals and radicals split over Mamdani, Trump's current budget further deepens the inequality of wealth across the US, and Mexico attends the BRICS meeting in Rio de Janeiro. In the second part of today’s show, Professor Wolff interviews...
29 min
12 July 2025
Economic Update: The Workers' Struggle within The Metropolitan Opera Orchestra
On this week's episode of Economic Update, Professor Wolff delivers updates on the political theater, of the U.S./Iran hostilities, the political shock of Zohran Mamdani's Democratic primary win in New York City, the withdrawal of union leaders from the Democratic National Committee, and the rising trade among BRICS crosses the $1 trillion milestone. In the second part of today's show, Prof....
29 min