Economic Update- Capitalism and Struggle Over Climate Change20 July 2024 On this week’s Economic Update, Professor Wolff discusses the remarkable bursts of unionization at Starbucks in the US, award-winning New York nurse fired for referring to "genocide" in Gaza, and a critique of Paul Krugman's argument that "democracy" is at stake in the 2024 election. Finally, we cl...00:29:00
Economic Update- Socialisms: From the Old Socialisms to the New13 July 2024On this week’s Economic Update, the entire program is devoted to how old socialism's rapid growth and global spread in the 19th and 20th centuries entailed a focus on the state. Key issues were: (1) would the socialist state limit itself to regulating capitalist enterprises and the market (as in man...00:29:00
Economic Update- State Senator and Socialist08 July 2024 In this week’s Economic Update, Professor Richard Wolff discusses the rise of the Chinese car industry, the struggle between employers and employees over in-person vs remote workplaces, and the US military's anti-vax program in the Philippines as part of the US-China Cold War that is already underw...00:29:00
Economic Update- The Political Economy Of Tariffs24 June 2024 In this week’s Economic Update, Professor Richard Wolff devotes the entire program to an analysis of tariffs. We discuss why tariffs are not a worker's issue, why capitalism's continuous swings between free trade and protectionist periods and phases make little impact on workers, and why competing ...00:29:00
Economic Update- Labor Vs. Capital: Struggle in US Intensifies17 June 2024In this week’s Economic Update, Professor Richard Wolff discusses The Washington Post's exposure of the corporate rich sponsoring police repression against student protests and how Boeing rewards CEOs while it exhibits the airlines' worst safety record. In addition, the UAW loses union election as G...00:29:00
Economic Update- China And Inflation: Real Analyses, Not BS10 June 2024The program's first half focuses on the realities of China's rise and not the Cold War rhetoric. The second half analyzes the inflation now threatening the US economy. Its causes and consequences turn out to be quite different from the mainstream media treatments of the subject. 00:28:58
Economic Update- Roots of a Surging US Labor Movement03 June 2024 In this week’s Economic Update, Professor Richard Wolff discusses the reasons why the United States' current unemployment rate is low in comparison to historic rates; We also highlight why U.S. restaurants are losing business. We then turn to the hypocrisy of Treasury Secretary Janet Yellen in the ...00:29:00
Economic Update- New Energies Organizing Unions25 May 2024Updates on US megabanks once again taking new off-the-books risks, Elon Musk endorsing right-wing undemocratic census proposals, oil industry execs in bribe-like talks with Trump, sample of many US and global labor unions and workers supporting and acting to end Israeli military actions in Gaza. Int...00:29:00
Economic Update- Prospects for a Political Left Turn20 May 2024On this week’s Economic Update, Professor Richard Wolff discusses the successful unionization drives that are sweeping across US universities (example: Boston University). We highlight the facts that disprove Biden's "great economy" claims and why inflation is much worse in the United States than in...00:29:00
Economic Update- Uneven Development: a Key Problem of Capitalism13 May 2024 In honor of Karl Marx's birthday over this past weekend, Professor Richard Wolff offers a discussion of Marx's important theory of uneven development as central to capitalism. We show its widespread existence, using examples of it from the past and present. We conclude by showing how uneven develop...00:29:00