10:00 AM Pacific Time: Fridays
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores government policies, alternative ways to organize, and markets.
On this week’s episode, Professor Richard Wolff addresses the numerous requests for financial planning or investment advice that he receives from many of you, touching on the truth about investing in the stock and/or bond markets. In addition, he offers a basic understanding of the economics of U.S. capitalism’s century-long, profit-driven failure to adequately provide … Continued
This week, Professor Richard Wolff offers a special episode to continue the previous discussion on communism. He discusses how socialism’s history evolved into separating socialism from communism and creating multiple, different meanings of what is considered communism today.
This week, Professor Richard Wolff offers a special episode discussing the unscary origins of the ideas of communism and socialism before the Cold War demonized them. He discusses how socialism’s history evolved by separating from communism and creating multiple, different meanings of what is considered communism today.
On this week’s episode: Professor Richard Wolff draws attention to the 10,000 hotel workers who recently conducted a strike impacting major hotels across 19 U.S. cities. We highlight the contested merger of the two largest grocery chains in America, as Albertsons and Kroger threaten to become the third largest retail giant after Amazon, and Walmart … Continued
On this week’s special Labor day episode: Professor Richard Wolff honors both Labor Day and President Abraham Lincoln. President Lincoln once said, in 1861, that “Labor is the superior of capital.” Yet, capital in the United States has only two major political parties, the Republicans and the Democrats, both of whom are currently advocating for … Continued
On this week’s Economic Update, Professor Richard Wolff Kate Pickett and Richard Wilkinson’s best-selling study in the book The Spirit Level (2009), showing how economic inequality correlates with most of the major social problems of our time. We will juxtapose their latest paper “The Spirit Level at 15: The Enduring Impact of Inequality,” which details … Continued
Today’s show is preempted by the second hour of a special 2-hour Democracy Now, broadcasting from the Democratic National Convention in Chicago. Audio for the first hour of Democracy Now can be found here. Information about the topics covered on today’s Democracy Now plus the audio for the entire second hour can be found here. … Continued
On today’s show: Dr. Wolff questions the effectiveness as well as the economics of U.S. sanctions (economic warfare); also, the American Federation of Teachers (AFT) endorses the United Auto Workers (UAW) plan of setting all union contracts to expire on May 1, 2028, essentially laying the groundwork for a “General Strike.” Then, Dr. Wolff highlights … Continued
This week’s episode features updates on the U.K. and French elections showing dramatic shifts to the left, contradicting U.S. mass media; U.S. self-induced global economic isolation in pursuit of punishing countries doing business with China; and Trump and Biden equally unwilling to solve Social Security’s financial problems by taxing incomes of the rich as Congress … Continued
On this week’s Economic Update, Professor Wolff devotes the entire program to explaining clearly and accessibly what government deficits are, why they occur, and who benefits from them. He shows how deficits and debts reward corporations and the rich at the expense of the mass of employees. This show will equip our audience to see … Continued
