Economic Update is a weekly nationally syndicated radio program produced by Democracy at Work and hosted by Richard D. Wolff. The program explores complex economic issues and empowers listeners with information to analyze their own financial situation as well as the economy at large. By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, and profits - the program explores alternative ways to organize markets and government policies.
Capitalism's Flaws Fester
In this week's show, Prof. Wolff discusses today's US child care workers' crisis; how sanctions on Russia profit fossil fuel companies and worsen pollution; systemic causes of the US infant formula shortage; how food corp executives helped write Trump's 2020 order keeping Covid-plagued meatpacking plants operating; meat price inflation vs. general US inflation; and how cryptocurrencies (including "stablecoins") are as unstable as money has historically been.
War and the Left
In this week's show, Prof. Wolff talks about the GOP's stance on student debt forgiveness, US corporations replacing home ownership with rentals, today's US economy not "strong," and left unity, as 4 French left parties work to defeat Macron. In the second half, Wolff interviews Prof. Marcello Musto on the history of the left and Marxism, and how they deal with war in the past and in Ukraine.
Jobs Driving Us Mad
In this week's show, Prof. Wolff presents updates on the unionization of Grinnell College student-workers; US GDP drops 1.4% in Q1 of 2022; food inflation versus rationing; Germany's refugee shame; small US businesses to plan price inflation; and western corporations leaving Russia replaced by eager corporations from China, India, Turkey, Brazil etc. In the second half of the show, Wolff interviews Emily Guendelsberger, author of On the Clock, on how badly paid, insanely stressful jobs are the workplace future facing the US.
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.
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.
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.
Very accessible leftist take on econ
This podcast is super informative and helped me understand some of the economic reasons why we have social injustice/inequality in the US.
It is also extremely accessible in that Richard Wolfe is able to really break down complex concepts and makes it easier way to understand. I’d recommend to everyone but esp to folks who may find learning about economics more intimidating or challenging
Blatant Disregard of Real Economic Theory
Listened to one episode and was disgusted. This guy is so blatantly biased and only tells a half story of the economics applicable to each topic. Clearly he doesn’t like capitalism and is pro socialism so he touts those views and doesn’t care to explain the drastic negative impact many of those policies would have on the broader economy. We need less people like this guy in the world, spreading disinformation that wrongly influences generations to support policies that will ultimately backfire
Julia HEALTHY DAY
I learn a lot from Economic Update. It sounds like coops and Democratic Socialism are the way to go! Thank you
In gratitude for your democratic views!
Illuminating and sanity in a time of insanity!