Episodes

Saturday Mar 01, 2025
Economic Update: US Policy Toward China: A Failing Effort to Contain Historic Change
Saturday Mar 01, 2025
Saturday Mar 01, 2025
In this week’s episode of Economic Update, Professor Wolff discusses unionizing Whole Foods workers VS. Amazon and Trump and the contradictions, dangers, and global retaliation of the new administration's tariff program. The show's second half features an interview with political scientist Dr. Wilmer J. Leon III on the China-U.S. competition: its costs, the stakes, and why the U.S. is losing.

Saturday Feb 22, 2025
Economic Update: Capitalism, Lost Empathy, and Rising Addictions
Saturday Feb 22, 2025
Saturday Feb 22, 2025
Professor Wolff discusses Trump's attempts at taking Panama as more evidence of rising colonialism and imperial ambitions, the recent organizing and strike of 10,000 Colorado grocery workers, and finally corporations and investment funds abandoning DEI. Finally, we have an interview with psychotherapist Tess Fraad-Wolff on capitalism's causal links to declining empathy and rising addictions.

Saturday Feb 15, 2025
Economic Update: The View From Prison
Saturday Feb 15, 2025
Saturday Feb 15, 2025
In this week's episode of Economic Update, Professor Richard Wolff delivers updates on the North Carolina union election at an Amazon warehouse, the deportation of immigrants, and the U.S. construction industry, a lesson in how capitalism installs new technology like A.I. and how it could be far better done. In the second half of this week's episode, Professor Wolff interviews Serena Martin, a formerly incarcerated social activist and executive director of New Hour for Women and Children.

Saturday Feb 08, 2025
Economic Update: New Economics Institute with Clara Mattei
Saturday Feb 08, 2025
Saturday Feb 08, 2025
Additionally, we interview Professor Clara Mattei, Director of the newly established Center for Heterodox Economics in Oklahoma. Professor Mattei shares details about this groundbreaking initiative, outlining its goals, mission, and activities, as well as how it distinguishes itself from mainstream economic approaches.

Saturday Feb 01, 2025
Economic Update: Trump's Anti-Immigrant Campaign
Saturday Feb 01, 2025
Saturday Feb 01, 2025
In this week's episode of Economic Update, Professor Wolff explores the economic consequences of the United States threatening Mexico and Canada. We also highlight how worker co-ops are joining forces with unions to strengthen both movements and examine the economics of the illegal drug trade. Additionally, we discuss the significance of Indonesia joining BRICS.

Saturday Jan 25, 2025
Economic Update: Persistent Homelessness: Capitalism's Housing Failures
Saturday Jan 25, 2025
Saturday Jan 25, 2025
On this week's episode of Economic Update, Professor Wolff discusses updates on deep political corruption: the Illinois example, final statistics on the 2024 presidential election results did NOT give Trump any mandate, the Canadian government forcing 55,000 striking postal workers back to work despite massive worker opposition. Finally, we have an interview with housing advocate and activist, Rob Robinson (formerly un-housed) reporting on the global housing advocates' conferences in Spain and Brazil.

Saturday Jan 18, 2025
Economic Update: Marxism and Economics: A Global View
Saturday Jan 18, 2025
Saturday Jan 18, 2025

Saturday Jan 11, 2025
Economic Update: The Year 2024 in Review
Saturday Jan 11, 2025
Saturday Jan 11, 2025
In conclusion: American economic strengths are legacies of the United States' economic past. Now its problems take center stage.

Saturday Jan 04, 2025
Economic Update: Capitalism Vs. Democracy
Saturday Jan 04, 2025
Saturday Jan 04, 2025
On this week's show, Prof. Wolff presents an analysis of how and why capitalism is an undemocratic economic system. The first half is devoted to the micro-level, namely to the organization of the enterprise (factory, office or store). Its undemocratic character is exposed using examples and empirical evidence. The second half has a macro-level focus that shows how capitalism's generation of growing income and wealth inequality impels the employer class (a small numerical minority) to use their money politically. Their practice undermines real democracy leaving only its empty forms.

Saturday Dec 28, 2024
Economic Update: How US Capitalism Uses Nationalism
Saturday Dec 28, 2024
Saturday Dec 28, 2024
From 1945 to 1990 we were told a great struggle pitted capitalism against socialism/communism (chiefly the USSR and China). Yet still today, US leaders demonize Russia and China despite the end of communism in the USSR and a huge growth of capitalist enterprises in China. The explanation lies in US capitalism's long history of using nationalism (i.e. foreign dangers) to justify tax-payer funded government actions to protect, subsidize, and support major capitalists' dominant position in the US economy.