ECONOMIC UPDATE: Economics of Worker Cooperatives
"Updates on Macy's closing 141 stores, Clinton campaign economics, age and pensions, corruptions of think tanks. Detailed economics of worker coops."
Aug 11, 2016•58 min
Economic Update with Richard D. Wolff
Economic Update with Richard D. Wolff is a weekly nationally syndicated 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 not only their own financial situation but the economy at large. Beyond focusing a critical eye on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program also explores systemic solutions to our economy's problems including alternative ways to organize production and distribution of the goods and services we all depend on.
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Episodes
Economic Update: Profits, Families & Sex
On this week's episode of Economic Update, Prof. Wolff provides updates on more VW sleaze, Irish bankers to jail, US public pension economics, Yale worker wins back job, Yale exposed. Interview with Dr. Harriet Fraad on post-1970s profit-driven US economy badly damaged intimate life.
Aug 06, 2016•58 min
ECONOMIC UPDATE: Profits, Families and Sex
Updates on more VW sleaze, Irish bankers to jail, US public pension economics, Yale worker wins back job, Yale exposed. Interview with Dr. Harriet Fraad on how post-1970s profit-driven US economy badly damaged intimate life
Aug 05, 2016•58 min
Economic Update: Economic Crisis, Fascism & History
On this week's Economic Update, Prof. Wolff provides updates on India's inequality, Philly's poverty behind DNC front, new initiatives from unions, Starbuck's profiteering, gutting federal estate tax. Interview with Adam Hochschild on economic crisis, fascism, Spain's civil war.
Jul 29, 2016•58 min
Economic Update: Convention Economics
On this week's episode of Economic Update, Prof. Wolff provides updates on platform contradictions, the VW scandal, CEOs pay explosion, Italian banks crisis, scary US auto loans. Major discussions: economics of lotteries, when profit decides who gets mortgages, and why 21st century socialism makes worker cooperatives the basic production institution.
Jul 25, 2016•58 min
Economic Update: Deepening Crisis and African-Americans
On this week's episode of Economic Update, Prof. Wolff discusses "leaders" exposed by crises: Johnson in UK, Dimon in US. Stagnant incomes for most. Interview with Rob Robinson on conditions and prospects of African-Americans.
Jul 18, 2016•58 min
Economic Update: Psychology, Economics, and Orlando
On this week's episode of Economic Update, Prof. Wolff provides updates on minimum wage raises, economics of prisons, evidence that notions of "economic recovery" are myths for most of world. Interview with Dr Harriet Fraad on why Orlando's tragic shooting happened.
Jul 11, 2016•58 min
Economic Update: What Brexit Means
On this week's episode of Economic Update, Prof. Wolff provides updates on new Puerto Rico deal, French street battles, German leaders' need humility, fake Cleveland revitalization, selling out national parks. Major analysis of Brexit in changing world economy.
Jul 05, 2016•59 min
Economic Update: Small Victories, Big Lessons
On this week's episode of Economic Update, Prof. Wolff provides updates on victories (1) over US sugar industry and (2) in reducing Sweden's 40-hour workweek to 30 hours with no pay cut. Major analyses of jobs moving south, legal fight over tax exemption for religions, corporate bailouts in Michigan, excess Corp borrowing, and capitalist technology serving profits not people.
Jun 27, 2016•59 min
Economic Update: Economic Change: Why and How
On this week's Economic Update, Prof. Wolff provides updates on CEO pay, new book on inequality, US estate and inheritance taxes. Interview with Alan Schulman, coordinator Democracy at Work New York City.
Jun 20, 2016•59 min
Economic Update: Local Groups, Social Change
On this week's episode of Economic Update, Prof. Wolff provides updates on new book "Coming of Age in the Other America," new research shows superiority of worker coops over capitalist enterprises, negative results of profit-driven enterprises, "America" replaces Budweiser. Interview with Betsy Avila, digital organizer of local groups for social change.
Jun 12, 2016•59 min
Economic Update: Pro-environment, anti-capitalist
On this week' episode of Economic Update, Prof. Wolff. provides updates on fossil-fuel divestment, Zika virus economics, product recalls , and payday loan scandal. Interview with environmentalist lawyer/activist Carol Dansereau.
Jun 06, 2016•59 min
Economic Update: Listen, Prof. Krugman
On this week's Economic Update, Prof. Wolff provides updates on car companies buying ride-share companies, Pope's latest, evidence against Prof. Krugman's rosy view of inequality. Major discussions of (1) why markets need not undermine worker-coop based economy and (2) European leaders' failed policies on Greece.
May 29, 2016•59 min
Economic Update: The Idea of Revolution
On this week's episode of Economic Update, Prof. Wolff provides updates on Alabama convicts strike against slavery, Greece's victimization, TTIP exposed, and taxing Yale. Interview with Joan Berezin and Kip Waldo on revolutionary change.
May 23, 2016•59 min
Economic Update: False Econ Recovery, True Journalism
In this week's episode of Economic Update, Prof. Wolff provides updates on "carry interest tax loophole," Miami's Marlin Park and state subsidies for business, negative interest rates, and banks' "bail-in" versus "bail-out." Interview reporter Bob Hennelly about false economic recovery, dissolving society, and real journalism.
May 16, 2016•59 min
Economic Update: What Inequality Does
On this week's episode of Economic Update, Prof. Wolff provides updates on rich tax evaders, Takata airbags, equalized wealth data, money in Chicago politics. Major discussions of corporate food scandals, govt fiscal "crises" and why build worker coop sectors.
May 10, 2016•59 min
Economic Update: Poverty and the US Economy
On this week's episode of Economic Update, Prof. Wolff provides updates on slow US economy, money drives Yale, Chobani workers get profits, more car corps scandal, and Christian/Marxist dialogue. Interview with anti-poverty activist Rob Robinson. #Chobani
May 02, 2016•59 min
Economic Update: Gentrification: The Market Rules
On this week's episode of Economic Update, Prof. Wolff provides updates on pay of CEO's that fight $15/ he for workers, workers who get public assistance, facts on taxes paid and evaded, Mitsubishi like VW. Major discussion on economics of gentrification.
Apr 25, 2016•59 min
Economic Update: Prisons and Sugar Babies
On this week's episode of Economic Update, Prof. Wolff provides updates on IMF, Panama Papers and tax evasion, workers fighting back. Major discussions of economics of prisons and sugar babies and of how worker coops might have changed the USSR and China.
Apr 18, 2016•59 min
Economic Update: Efficiency: Capitalist vs Human
On this week's episode of Economic Update, Prof. Wolff provides updates on tax issues: Panama Papers, corp tax rates, tax-avoiding "inversions" and Yale's tax avoidance. Part 2 of interview with Dr. Harriet Fraad: capitalist efficiency produces human inefficiency and what to do about it.
Apr 11, 2016•59 min
Economic Update: Worker Coops: Why and How
On this week's episode of Economic Update, Prof. Wolff provides updates on China's rising wages, lethal overdoses and economic crisis, courts worsen Puerto Rico's crisis, moving jobs to Mexico, and Florida governor tries to help Yale evade taxes. Major discussions of minimum wage debates, workers without college degrees, and workers coops as key to doing better than capitalism.
Apr 04, 2016•59 min
Economic Update: How Capitalism Changes Intimacy and Family
On this week's episode of Economic Update, Prof. Wolff provides updates on top bankers' pay, bad auto corps' decisions, deflation, and socialist economics. Interview with Dr Harriet Fraad on capitalism and personal life.
Mar 28, 2016•59 min
Economic Update: Choosing Your Struggles
On this week's episode of Economic Update, Prof. Wolff provides updates on FED decision, struggles over China trade and Brexit, and fascism. Major discussions: (1) critique of capitalists' "job creation" and (2) why state support of worker coops is what capitalism got from states for centuries.
Mar 20, 2016•59 min
Economic Update: Economics of our Politics
On this week's episode of Economic Update, Prof. Wolff provides updates on Europe's new econ stimulus, French workers rally for job security, US airlines' rip-off fees. Response to question about govt blame for economic crisis since 2008. Major discussions on what capitalist profit is and on the basic economics of our political party system.
Mar 14, 2016•59 min
Economic Update: Seeds of Fascism?
On this week's episode of Economic Update, Prof. Wolff provides updates on injustice of Argentina's default settlement, on Pope Francis's rejection of "exploiters," and on stagnating real median incomes in US. Major discussions of (1) what Sanders's support proves about Occupy Wall Street, and (2) economics of fascism.
Mar 07, 2016•59 min
Economic Update: Good for Profits, Bad for Society
On this week's Economic Update, Prof. Wolff provides updates on Citibank calls "Recession" for 2016, Robert Gordon's new book "Rise and Fall of American growth, college students to Europe for free educations, drug and food companies profit at public's expense, economics of presidential candidates, pension struggles heat up, and why China's slowdown due to US/Euro/Japan economies. Major discussions of (1) US unemployment and (why profit motive yields economic decisions so often good for profits b...
Feb 29, 2016•59 min
Economic Update: Capitalism is the Problem
Updates on Bloomberg's money, negative interest rates, the oil market, Puerto Rico's cruel sales tax, Fed Reserve governor supports breaking up banks 'too big to fail,' and Apple borrows despite its huge cash hoard. Response to listeners: converting capitalist into worker coop type enterprises. Major discussion: three alternative responses to the huge problems of capitalism today.
Feb 22, 2016•59 min
Economic Update: Economic Change, Economic Disorder
On this week's episode of Economic Update, Prof. Wolff provides updates on China achieves economic superpower status, profit produces drug scarcities, Ireland's unjust austerity, millionaire tax in Massachusetts. Major discussions of self-destructive cut-backs in public higher education and the chaos of the monetary system (banks, Fed Reserve, etc.).
Feb 15, 2016•59 min
Economic Update: Lessons About and From Socialism
On this week's episode of Economic Update, Prof. Wolff provides updates on the economic significance of Sanders' Iowa vote, Keynes on risks of revolution against capitalism, costs of oil market collapse. Interview with author Pete Dolack on lessons for today of past experiments in socialism."
Feb 07, 2016•59 min
Economic Update: How Markets Fail
On this week's Economic Update, Prof. Wolff provides updates on Johnson Controls Corp evades taxes, Disney sued over abuse of HB-1 visa system, French workers strike against austerity and against socialist government; response to listeners on tax-subsidies for churches and lessons of Israel's kibbutz experience, Major discussions of (a) 5 major market failures, and (b) major change in UK Labor Party policy favoring worker coops.
Feb 01, 2016•59 min
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