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Economic Update is a weekly nationally syndicated radio program produced by Democracy at Work and hosted by Richard D. Wolff. The program explores complex economic issues and empowers listeners with information to analyze their own financial situation as well as the economy at large. By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, and profits - the program explores alternative ways to organize markets and government policies.
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Global Capitalism (GC) is a live virtual event featuring Richard D. Wolff. These programs begin with short updates on important economic events of the last months, then Prof Wolff examines a larger topic. Through this series, we hope to develop all participants’ understanding and ability to explain current economic events and trends to others.
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Yanis Varoufakis, elected member Greek parliament, joins Prof. Wolff on this week's show and offers his original, critical perspectives on (1) the banking crisis, (2) the decline of the US empire and US capitalism, (3) the mass uprisings of the French and Greek working classes in Europe, (4) the collapse of Europe's efforts to shape an independent …
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Economic Update with Richard D. Wolff
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The Emerging New World Economy: A New Empire, a Multipolar World, or a Post-Capitalist System
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Four key changes drive a new world economy emerging from the old. First is capitalism's transition from neoliberal, globalizing to nationalistic capitalism. This includes the shift of capitalism's center from western Europe and the US to Asia and the global south and also includes the deepening economic inequality inside most nations. Second is the…
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Economic Update with Richard D. Wolff
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Today's Medicare for All Battle with Dr. William Bronston
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In this week’s show, Prof. Wolff discusses US deaths from Covid, poverty in the US labor force, US and Canada cooperate against immigrants, US warfare vs China's peacemaking, Amazon profits from cutting back on "free" shipping. In the second half of the show, Wolff interviews Dr. William Bronston, advocate for single-payer health care in the US. Ec…
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In this week’s Economic Update, Prof. Wolff presents updates on the failures of GOP and Democrats to face or solve major crises; layoffs and stock buybacks by US hi-tech companies; a new study of "food insecurity" in LA county. The second half of the show is dedicated to a discussion of how US history of the 1920s and 1930s shows the possibility of…
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In this week’s Economic Update, Prof. Wolff discusses the history and diversity of Marxist theories and practices that comprise the Marxist tradition. Wolff also explores why Marxism draws renewed interest globally now. Finally, a detailed examination shows how some basic insights from Marx's work are especially relevant to victims and critics of t…
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Global Capitalism
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Challenging Capitalism [March 2023]
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In this month's Global Capitalism lecture, Prof. Wolff discusses the following topics: France’s General Strike March 7, 2023 Women, Unions and Strikes in the US Inflation, Profits, Inequality in the US State versus Private Capitalism: China *Global Capitalism is produced by @democracyatwrk
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In this lecture, Prof. Wolff will discuss the following: At an Historical Turning Point Impact on US Impact on Europe Impact on China, India, Russia, BRICS
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Global Capitalism
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After the Elections: Now What? [November 2022]
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In this lecture, Prof. Wolff will discuss the following: US mid-term elections US Capitalism: Crises at home US capitalism: Crises abroad
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Global Capitalism
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China vs. US - System Rising vs. Falling [September 2022]
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In this lecture, Prof. Wolff will discuss the following: Compare economic performances (GDP growth, inflation, real wages) Ukraine War/Taiwan Provocations as both China-US conflicts US edges closer to civil war and foreign wars at same time: implicationsBy Democracy at Work - Richard D. Wolff
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Global Capitalism
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War, Sanctions, Deepening Splits: Economic, Political, and Cultural [July 2022]
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In this lecture, Prof. Wolff will discuss the following: Global economic splits: US/UK/Japan/Australia vs BRICS+ US political splits: inflation, interest rates, recession, stock market crash, deepening inequality, Democratic Party self destruction Cultural splits: abortion, Miranda, church-stateBy Democracy at Work - Richard D. Wolff
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Global Capitalism
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Marxism: From Critique of Capitalism to Alternative System [May 2022]
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In this lecture, Prof. Wolff will discuss the following: Rising US labor militancy: Amazon to Grinnell College Housing and stock market: bubbles and bursts French left unity: a model for the world? McConnell, GOP serve lenders, crush students with debtBy Democracy at Work - Richard D. Wolff
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Global Capitalism
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The Inflation: Causes, Effects, & Outlook [March 2022]
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In this lecture, Prof. Wolff will discuss the following: Impact of Ukraine events What the FED can and cannot do about it Solutions for inflation, past and present
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Global Capitalism
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Political Economy of Covid: Year #3 [January 2022]
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In this lecture, Prof. Wolff will discuss the following: US Capitalism’s Public Health Disaster: Where Blame Belongs Trying to Shift Blame to Mandates: Desperate Libertarianism Covid, Inflation,“Broken Supply Chains” = Systemic Crisis
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Global Capitalism
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China - US’s First Real Competitor in a Century [November 2021]
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In this lecture, Prof. Wolff will discuss the following: Major Chinese Economic Achievements and Problems China-US Interdependence, Competition, and Cold War Is China Socialist? What does “Chinese Socialism” Mean?
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Global Capitalism
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US Capitalism’s Decline Accelerates [September 2021]
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In this lecture, Prof. Wolff will discuss the following: Medical (Covid) and military (Afghanistan) defeats deepen social divisions Exploding debt bubbles (gov’t, corporate, and personal) Threats of inflation China’s rise as a US competitor: its “surprise” strategy
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In this month's lecture, Prof. Wolff will discuss the following: China’s Economic Growth since its Revolution (1949) China’s Economic “Model” and the Global Economy China, Capitalism, and Socialism China versus the US: Options versus ThreatsBy Democracy at Work - Richard D. Wolff
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Global Capitalism
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Biden’s Economic Plans and Likely Results [May 2021]
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In this month's lecture, Prof. Wolff will discuss the following: Changes in Government Spending and Taxing Joe Biden and Franklin Roosevelt: Differences and Similarities Historic Decline of US Capitalism: Reality vs DenialBy Democracy at Work - Richard D. Wolff
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Global Capitalism
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March 2020-March 2021: Covid and the Crash [March 2021]
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In connection with Prof. Wolff’s discussion of the main topic above, he will also give short updates on: who lost what; who gained what; where is the US economy headed now; and lastly, political fallout: revisiting the January 6 DC assault
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Global Capitalism
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US Capitalism’s Decline and Desperate Efforts to Save It [January 2021]
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Professor Wolff will also give short updates on: the US military intervention in elections; a major political breakthrough in Argentina led by women; the economics of advertising; Trump’s political crash and lastly, Biden’s Economic “Team.”
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Global Capitalism
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Post-Election Special [November 2020]
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This is a special post-election Global Capitalism featuring comments from guests Lee Camp, Lee Carter, Laura Flanders, Jessica Gordon-Nembhard, Nomi Prins, and Yanis Varoufakis.
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Global Capitalism
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Capitalism’s Decline Accelerates [September 2020]
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Prof. Wolff presents the following topics: the failures mount: failed preparation for COVID-19; failed containment of COVID-19; failed preparation for 2020 capitalist crash; failed containment of crash’s social effects; failed scapegoating. The social problems explode: systemic racism; State and local budget collapse; unaffordable housing and evict…
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Global Capitalism
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As US Capitalism Shakes, US Socialism Renews [July 2020]
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Topics: mass unemployment undercuts US capitalism; Trump vs Biden: neither are solutions, the choice is a symptom of system decline; what old socialist responses to today’s crisis would be; what new socialist solutions to today’s crisis could be. Wolff also covers: why US capitalism has needed racism, and and how it has used it; why US current prot…
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Prof. Wolff talks about the protests sweeping across the US incited by yet another brutal killing of a Black American, George Floyd. He argues that the capitalist system, with its endless drive for profits over people, is the true culprit and failing Americans. The levels of inequality, massive unemployments, and injustices are symptomatic of a sys…
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