Economic Update - ”Inequality’s Insidious Spread - COVID-19, India, Insurance”20 February 2023In this week's show, Prof. Wolff presents updates on India's extreme inequality and its lesson, employers squeeze employees with "non-compete" job contracts, and how the profit motive distorts the concept of insurance. In the second half of the show, Wolff interviews Dr Stephen Bezruchka on how deep...00:29:00
Economic Update - ”Unionization, Marxism and Education”13 February 2023 In this week’s show, Prof. Wolff shares updates on Starbucks union growth; Texas journalists and Yale graduate students/employees unionize, strike, win; Western Mass Labor Federation denounces Biden's denial of railway workers' right to strike; two major kinds of US tax injustice: (1) exempting bon...00:29:00
Economic Update - 2023 World Economic Trends06 February 2023 Identifying and examining the larger economic dimensions and trends of three key aspects of today's global economy: Russia/Ukraine war, Europe's quandary, and the decline of the US empire. Attention focuses on the immense direct and indirect costs of the war in Ukraine; on Europe's desperate positi...00:29:00
Economic Update - ”A Corporatized America”30 January 2023 In this week's show, Prof. Wolff explains why capitalism does not deserve credit for improved living conditions, Home Depot billionaire blames US capitalism's problems on US workers being "lazy, fat, and stupid," Southwest Airlines as example of failures by both corporations and their gov't "regula...00:29:00
Economic Update - ”Economics for a New Year”23 January 2023In this week's show, Prof. Wolff discusses US spending for war in Ukraine paid for by higher interest rates and inflation hurting middle and small businesses ; a rational transport system is NOT electric cars; an appreciation of the "degrowth" impulse with a critique of the degrowth movement's focus...00:29:00
Economic Update - ”American Midnight” Democracy’s Forgotten Crisis”16 January 2023 In this week's Economic Update, Prof. Wolff presents updates on the French School of Economic Warfare and sanctions against Russia; how asset price declines threaten US pensions, electric replace fossil fuel private cars because of profit motive, instead of for a rational transportation policy; US ...00:29:00
Economic Update - What’s Wrong With Capitalism09 January 2023The year 2022 produced a daunting, long list of serious problems associated with the economy (inflation, rising interest rates, stock market decline, deterioration of the environment, war, labor uprising, etc.). More than ever, the victims and critics of the problems of 2022 identified them as sympt...00:29:00
Economic Update - ”Surging US Labor Activism”03 January 2023In this week's Economic Update, Prof. Wolff discusses explosive labor militancy across 2022 in US and UK, Wells Fargo bank again fined for illegal practices on 16 million bank customers, US-Russia economic warfare undercuts European economies whose response will likely shape Ukraine War's results. I...00:29:00
Economic Update - China and Inflation: Real Analyses, not BS27 December 2022The 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 - What ’Capitalism’s Decline’ Means19 December 2022This week's show is dedicated to a discussion of the signs of US capitalism's decline. US history as the passage of US capitalism from its birth, through its state-supported growth and expansion, to its global peaking from 1945 to 2000. Wolff presents the causes of its ongoing decline this 21st cent...00:28:58