Economic Update with Richard D. Wolff

Millennials Speak

In this week's episode of Economic Update, Professor Wolff delivers updates on the September 6th German elections and their meanings, the importance of the Shanghai Coope

Revolutionary Socialism in the US Today

In this week's episode of Economic Update, Professor Wolff delivers updates on Die Linke ("The Left") political party surging in Germany, the errors and omissions in Bess

Activism in the U.S. Now

In this episode, Professor Wolff delivers updates on new research documenting market failure to meet the urgent, large need for childcare in the US, the selective moralit

Economic Hardship Reporting Project

This week on Economic Update, Professor Wolff delivers updates on the Starbucks Workers United call-to-boycott, the powerful lyrics of Dolly Parton's song "9 to 5,"  and

Socialism: An Evolving Tradition

Today's entire program is devoted to tracing the origins and evolution of socialism through its splits and growth to become a global movement shadowing capitalism. Partic

Economics of the U.S. State

Today's entire program approaches the economic role of the state in U.S. society, past and present. We analyze two major tensions: one between minimizing the state (liber

The Resurgence of White Supremacy

This week on Economic Update, Professor Wolff delivers updates on U.S. businesses receiving refunds for Trump's illegal tariffs without lowering prices raised to cover th

DSA Revives Socialism in U.S. Politics

This week on Economic Update, Professor Wolff delivers updates on new U.S. government rules that are universally hostile to international students, the reduction of prose

The Great Shift of Economic Thought from Macro to Micro

The rational approach is to ask which works better in an industry or to meet any social need: private enterprise or government enterprise. It is irrational and dogmatic t

A Critique of Profit

This week on Economic Update, Professor Wolff devotes the entire show to a critical analysis of profit. The point is to show that it is a very biased way to look at capit

U.S. Housing Crisis Deepens

This week on Economic Update, Professor Wolff presents updates on the Australian dockworkers' union's fight against A.I., the German auto workers' fight against VW layoff

Markets: Institutions Deeply In Need of Criticism

This week on Economic Update, Professor Wolff presents an analysis of how markets work, which parts of society they favor and serve, and which they discriminate against.

U.S. Capitalism as a Crisis for Men

This week on Economic Update, Professor Wolff delivers updates on rising wages for app-based NYC food delivery workers, a wave of U.S. firms being sold to their workers,

Marx's Key Insight: Capitalism's Surplus

The central concept of Marx's contribution to a critical understanding of the capitalist economic system - the entry point into his distinctive analysis - is "the surplus

Supermarket Jobs, Super Exploitation

This week on Economic Update, Professor delivers updates on the so-called Social Security Crisis, the gross inequality of stock ownership in the U.S. today, the exploited

Lessons from China's Economic Development

On this week's episode of Economic Update, Professor devotes the entire program to the why and how of China's passage from abject poverty and colonial humiliation to beco

The Yellow Vests Mass Movement in France

This week on Economic Update, Professor delivers updates on the big union wins for 40,000 workers in the UC system, the ongoing strike of graduate student workers at Harv

Center for Popular Economics: Goals and Achievements

On this week's episode of Economic Update, Professor delivers updates on why and how worker co-ops are a strategic direction for socialism, and Europe's deindustrializati

Economic Update: The Economics of Unemployment Today

This week on Economic Update, Professor Wolff briefly discusses two current large strikes by workers fighting back: the British Columbia nurses in Canada and the commuter

Economic Update: The Global "Birth Strike" Changes Everything

This week on Economic Update, Professor Wolff delivers updates on the tentative agreement reached by the unionized portion (85%) of the staff at the Los Angeles Unified S