Economic Update with Richard D. Wolff

By: Democracy at Work Richard D. Wolff
  • Summary

  • 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.
    Democracy at Work
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Episodes
  • Federal Employees Fight Back
    Mar 11 2025

    This week on Economic Update, Professor Wolff delivers updates on the firing of government workers by Trump/Musk with an economic analysis showing it to be an attack on the U.S. working class followed by a discussion of Trump's foreign policy of turning against Europe as merely an adjustment to an "American Capitalism First" project that is as old as the U.S. The second half of the show, features an interview with U.S. federal employee Colin Smalley, a sixteen-year member of the U.S. Army Corps of Engineers and an IFPTE union member who discusses how and why workers are fighting back.

    The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

    You can support our work by joining our Patreon community:

    https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

    Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

    We want to thank our devoted community of supporters who help make this show and others we produce possible each week.1:01

    We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

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    32 mins
  • The Nobel Prize in Economics Exposed
    Mar 4 2025

    This week’s episode of Economic Update features updates on the economic risks and costs Europe faces from deporting or blocking immigrants as compared to Spain's prosperity through a pro-immigrant policy, the work of Michael Burawoy, a Marxist sociology professor at UC Berkeley, and how the inflation of meat prices is affected by a four-company oligopoly that controls 85% of the U.S. meat supply. In the second half of this week’s show, Professor Wolff interviews economics professor Shahram Azhar of Bucknell University on his recently published critique of the 2024 Nobel Prize in Economics.

    The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

    You can support our work by joining our Patreon community:

    https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

    Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

    We want to thank our devoted community of supporters who help make this show and others we produce possible each week.1:01

    We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

    Show more Show less
    31 mins
  • U.S. Policy toward China: A Failing Effort to Contain Historic Change
    Feb 25 2025

    In this week’s episode of Economic Update, Professor Wolff discusses unionizing Whole Foods workers VS. Amazon and Trump and the contradictions, dangers, and global retaliation of the new administration's tariff program. The show's second half features an interview with political scientist Dr. Wilmer J. Leon III on the China-U.S. competition: its costs, the stakes, and why the U.S. is losing.

    The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

    You can support our work by joining our Patreon community:

    https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

    Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

    We want to thank our devoted community of supporters who help make this show and others we produce possible each week.1:01

    We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

    Show more Show less
    31 mins

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Worth your time.

Prof Wolff has a wonderful ability to break the complexity of the economic world down to the layman's level of understanding. Thank you Prof Wolff I have learned so much from you! 🌎✊🗽🌹

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A common sense look at politics and economics

Professor Wolf is brilliant and down to earth. He has a common sense approach to talking about and examining our current political and economic situation brought on by rampant capitalism. And, more importantly, he seeks and discusses possible solutions to the problem. We're waking up to an American nightmare and our only hope is change before its too late. In a lot of ways capitalism seems natural and right. if I have a great idea and some gumption, why shouldn't I start a business and make money? And who doesn't want to make lots of money? Why should I share it? Or give it away? why should my success have to support the world? And we've all been raised to think this way. Capitalism is king. But just like a monarchy or feudalism or slavery, capitalism has the master, or boss, or king, and the slave, or surf, or wage worker. There are better, more equitable ways. We claim to believe in democracy, then why not in our work place and economy? We have laws in this country to prevent monopolies, but unlike other countries, only a two party system. There's are reason for this. The fix is in. Capitalusm has bought our political system and from the 70's has repealed every tax and regulation meant to temper great and exploitation all while shipping our jobs overseas for cheap labor. So now they own our media and politicians and have sent our jobs away. Whats left? what can we do? Power to the people my brothers and sisters. Labor must unite and fight. its the only way.

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2 people found this helpful