Economic Update: How Austerity Paves the Way for Fascism
[S13 E12] New
In this week’s Economic Update, Prof. Wolff interviews Prof. Clara Mattei on her new book "Capital Order: How Economists Invented Austerity and Paved the Way to Fascism"...READ MORE
Economic Update: Social Security, Ohio Derailment, Puerto Rican Poverty - US Capitalism Provokes
[S13 E11] New
In this week’s show, Prof. Wolff focuses on the struggle over Social Security- real versus false alternatives- and the East Palestine, Ohio, derailment tragedy. In the second half of the show, Wolff interviews Alexis Colon about the colonial status of Puerto Rico...READ MORE
Economic Update: Establishment Media & Russia with Aaron Maté
[S13 E10] New
In this week’s show, Prof. Wolff presents updates on dying empires and climate crisis; mass shootings; fast-food mega-corps fund referendum to slow California plan to raise fast food workers wages and working conditions, and why the debt ceiling debate in Congress is a phony GOP-Dem political theater. In the second half of the show, Wolff interviews Aaron Maté, independent US media critic with special expertise on Russia...READ MORE
Economic Update: Are Mega-Corporations Ruining Our World?
[S13 E09] New
In this week's show, Prof. Wolff presents a critique of monopoly and oligopoly; past efforts and success in popular control over mega-corporations - in US and abroad; the fight back by mega-corporations to nullify reforms and regulations. Finally, some real solutions...READ MORE
Economic Update: Inequality’s Insidious Spread - COVID-19, India, Insurance
[S13 E08] New
In 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...READ MORE
Economic Update: Unionization, Marxism and Education
[S13 E07] New
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 bonds and stocks from property tax when 10% richest own 80% of stocks and bonds, and (2) failing to levy excess profits tax on war profiteers as UK and Portugal have already done. In the second half of the show, Wolff interviews Notre Dame Professor Emeritus David F. Ruccio...READ MORE
Economic Update: 2023 World Economic Trends
[S13 E06] New
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 position and choices caught between the US and China blocs in the world economy; and on how the US empire is responding to its decline in the world economy. Our approach is to stress...READ MORE
Economic Update: A Corporatized America with Chris Hedges
[S13 E05] New
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 "regulators," George Santos as creature of capitalist advertising. In the second half of the show, Wolff interviews Chris Hedges...READ MORE
Economic Update: Economics for a New Year
[S13 E04] New
In 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"...READ MORE
Economic Update: "American Midnight" Democracy's Forgotten Crisis
[S13 E03] New
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 police in elementary schools: bad for students, parents, teachers and even police; honoring Staughton Lynd, US radical academic and labor organizer who died on 11/18/22. In the second half of the show, Wolff interviews Adam Hochschild...READ MORE