Episodes
Friday Jul 24, 2020
Economic Update - Today's Pandemic as a Crisis of Capitalism
Friday Jul 24, 2020
Friday Jul 24, 2020
On this week's episode, Prof. Wolff presents the following updates: company cutting candybar size but keeping the same price, Barcelona punishes landlords with empty apartments, Macy's closing stores while giving $millions bonuses to top executives, IMF anti-Covid-19 funds used instead to pay off private loans, health insurer profits because people cannot afford and fear doctor and hospital visits, Amazon profits from pandemic. On the second half of the show, Prof. Wolff interviews epidemiologist Rob Wallace on capitalist agriculture and viral pandemics.
Friday Jul 17, 2020
Economic Update - The "Great Debate" that Wasn't
Friday Jul 17, 2020
Friday Jul 17, 2020
Throughout capitalism's history, the big topic in economics was how far the government should intervene in the economy. Conservatives wanted minimum intervention while liberals and socialists wanted much more. In fact, government intervention mostly aimed at saving, protecting, supporting capitalism. The genuinely "great debate" could and should have been about the strengths and weaknesses of capitalism versus those of a real alternative system, socialism.
Saturday Jul 11, 2020
Economic Update - Sports and Capitalism
Saturday Jul 11, 2020
Saturday Jul 11, 2020
On this week's show, Prof. Wolff presents updates on false "trade-off" between illness and economy, going from normal to extraordinary injustice, hypocritical scapegoating of foreigners instead of facing domestic public health and economic failures, and lastly, the tragic neglect of education during the pandemic and economic crash. On the second half of the show, Prof. Wolff is joined by Nation magazine sports editor Dave Zirin.
Saturday Jul 04, 2020
Economic Update - Europe's New Internationalist Left
Saturday Jul 04, 2020
Saturday Jul 04, 2020
On this week's show, Prof. Wolff presents updates on "zombie" companies and their rapid growth in the US, The Federal Reserve "stress tests" expose risks, and weaknesses of major US banks. On the second half of the show, Prof. Wolff is joined by Greek economist, academic, philosopher and politician, Yanis Varoufakis on DiEM25, Europe's new internationalist left.