Economic Update

Economic Update : ”Capitalism and Its Self-delusions”

In the first half of this week's show,  Wolff evaluates US capitalism as a system of production and distribution of goods and services. In the second half, he compares the evaluation with the very different self-image of dominant voices within US capitalism. His conclusion: US capitalism has peaked and finding it very difficult to face its decline.

 

 

Economic Update : ”Amazon Workers Organize a Union”

This week on Economic Update, Prof. Wolff talks about oil and gas inflation, its impacts, and politicians' phony solutions, the stagnant US gender pay gap and its significance, and why Americans are experiencing economic crisis, while Biden pretends the US economy has "recovered" and is in great shape. In the second half of the show, Wolff interviews Amazon union leader Chris Smalls about union organizing efforts across Amazon and beyond in a revived labor militancy.

Economic Update : ”Christian Socialism”

This week on Economic Update, Prof Wolff presents updates on Amazon workers' strike, the impact of US inflation, and the underappreciated economic aspects of Russia-Ukraine war. In the second half of the show, Wolff interviews Prof. Joerg Rieger on Christian Socialism, past and present.

Economic Update : ”Ukraine, Race and Class”

This week's show on Economic Update, Prof. Wolff talks about the emerging new world order, Ukraine and inflation, and the economics of sanctions.  On the second half of the show, Wolff is joined by Prof. Adolph Reed, Jr. to discuss race, class and the US left.

 

 

Economic Update: ”What Marx & Marxism Offer us Today”

This week's show features a discussion of what Marx offers in the way of a basic critique of capitalism and an alternative economic system that would be better for most people, and how this differs from mainstream economics.

 

 

Economic Update: ”Green Party vs 2-Party Monopoly”

On this week's show, Prof. Wolff talks about the UK selling visa to the rich, why "non-profit" is really "un-taxed," Apple's CEO's 2021 pay of $99 million, AOC and NYPD arrests for stealing diapers and kids' medicines, cleaning products. Green Party leaders Gloria Mattera and Michael O'Neil join Wolff in the second half.

 

 

Economic Update : ”Unaffordable Housing”

This week on Economic Update, Prof. Wolff presents updates on the 2021 record 100,000 opioid overdose deaths in the US, the savage reductions in K-12 public education, inflation's profiteers, and offers a different take on the truckers' convoy in Canada. The second half of the show features an interview with activist Rob Robinson, formerly homeless, now a professor advocating for public housing.

 

 

Economic Update: ”Covid Criminals, Pandemic Profiteers”

On this week's show, Prof. Wolff presents updates on Mississippi's legalization of pot, US's $30 trillion national debt l, Mexican workers at GM plant vote in militant union, and Amazon (after a year of record profits) 17% price increase, as much of nation already suffers from 7% inflation. In the second half of the show, Wolff interviews John Nichols, author of Coronavirus Criminals and Pandemic Profiteers.

 

 

Economic Update: ”Fascism”

On this week's show, Prof. Wolff talks about the US' 2021 trade deficit and its implications, the FED's inflation policy dilemma, and the political economy of the Baltimore and Bronx fires. In the second half of the show, Wolff uses the actual history of fascism in Italy, Germany and Spain to analyze the positions and prospects of fascism in the US today.

Economic Update: ”Rebuilding a Labor and Left Movement”

This week on Economic Update, Prof. Wolff presents a critique of US Megacorp merger (Microsoft and Activision Blizzard), China vs US on inflation and economic growth, and the collapse of Boris Johnson (like Trump's lost election). In the second half of the show, Wolff interviews author Aviva Chomsky on problems and prospects of US labor and left social movements.