- Published on July 13, 2015
Prof. Wolff talks to KPFA's Letters and Politics Mitch Jesserich about Greece's debt deal.
- Published on July 12, 2015Continuing our new format experiment: two in-depth analyses. In the show's first half: The New Deal was both a victory and a defeat. Both offer crucial lessons for today. In the show's second half, a critical review of labor's short and long-run goals, labor's defensive decline, and a new strategy built on lessons of that decline.
- Published on July 6, 2015
Prof. Wolff discusses the latest Greek events including the recent referendum and the resignation of Finance Minister Varoufakis on Community Public Radio.
- Published on July 5, 2015
We begin our 3-week experiment with a new format: two in-depth analyses, one in each half of the show. We begin by considering the different meanings of class, class analysis and class struggle across human history and why those differences matter so much now. Today's second half explores how socialism evolved from a basic alternative to capitalism into a state capitalism not so different from private capitalism.
- Published on June 28, 2015
Our updates start with victory of alumna, faculty and students over autocratic board of Sweet Briar College in Virginia, then discuss the uniquely awful US record on paid leave for workers and an interesting move by cities (Santa Cruz, CA as example) to disconnect from corrupt big banks. We have fun with why US govt leaving Waldorf Astoria hotel in New York and we celebrate rising UK movement against austerity. Second half of show interviews veteran reporter Bob Hennelly on the Pope's statement about ecology, environment, and a failing economic system.
- Published on June 21, 2015
We open with Goldman Sachs injustice and move on to the ‘independent contractor’ ploy just busted at FedEx and Uber and then Wisconsin governor’s attack on public university to lower taxes on corps and rich. We interview Prof Kristin Ross on (her new book) on the significance of the Paris Commune where workers fough injustice by reorganizing society dramatically and effectively.
- Published on June 14, 2015
Updates analyze unemployment numbers to show what they hide as well as reveal. Responses to listeners' questions expose the economics of lotteries and why the largest US corporations have recently used their profits to buy back their shares in the stock markets. An in-depth interview of Prof. Sohnya Sayres explores the end of free college and universities in the US, the rise of administrators dominating students and faculty, and what these trends have meant for the quality of higher education in the US.
- Published on June 7, 2015Updates offer latest on Greece's struggles with Europe, a critique of Buffett on rich vs poor and a hard look at $400 million gift to Harvard from billionaire Paulson. Responses to listeners on new Mayor of Barcelona and TPP. A detailed interview with socialist Kshama Sawant and her seat on Seattle's city council.
- Published on June 1, 2015
We begin with Larry Summers and other signs of a broken economic system. Then the economics of Nebraska ending it's death penalty and vast sports corruption (FIFA). Responses to listeners on reorganizing universities and household class structures. Major interview with two guests, Professor Richard Walker and Dr. Gray Brechin, on rediscovering the New Deal.
- Published on May 24, 2015
Opening updates focus on Seattle, Puerto Rico, Los Angeles, and Portugal. We then examine business domination of universities in service to profits and Republican efforts to undermine Democrats revenues from unions. We answer listeners' questions about business influence on govt policies and the question: "What is fascism?". Major topics treated in the program's second half are repression aimed at those resisting austerity and crisis of US higher education.
- Published on May 17, 2015In this edition of Economic Update, we look at Verizon's purchase of AOL, why Facebook's "contribution" to ending inequality falls so short, how latest $$ gift to Yale increases inequality, how UK elections reflect "scapegoat economics, and why deadly Mediterranean migrations reflect capitalism's globally uneven development. We also respond to listener questions on (1) Americans' attitudes toward income and wealth inequality by our analysis of recent Gallup Polls and (2) whether student debts can lead to reduced Social Security benefits and what that means.