Economic Update with Richard D. Wolff Democracy at Work, Richard D. Wolff

This program examines the structure and functioning of the large capitalist corporation dominating modern economies. We discuss their basic economics and influence on politics. We criticize rationales for corporate profits such as "risks" and "entrepreneurship" and explore parallels between corporate structures and monarchies. 
 
 

In this week's show, Prof. Wolff presents updates on US's groceries inflation; US teacher crisis; capitalists profiting from guns and protection from guns, UN report on global suffering from Ukraine war's and sanctions regimes' costs to world's people in terms of fuel, food, and interest rate inflations; and median New York City rent of $4,000/month make city housing increasingly unaffordable to most New Yorkers. In the second half of the show, Wolff is joined by Katie Halper: podcaster, writer, and filmmaker who talks about political decline in the US.

In this week's show, Prof. Wolff talks about the effect of Ukraine sanctions on inflation, Musk as economic dictator, Idaho progressives’ impressive gains, and offers a practical response to shootings. In the second half of the show, Wolff interviews media host Krystal Ball on US politics.
 
 

Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of the 200th anniversary of his birth.