Economic Update: Economics of our Politics

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.

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Episoder(588)

Economic Hardship Reporting Project

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 the recent electoral victories...

7 Sep 30min

Socialism: An Evolving Tradition

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. Particular attention is paid to the ...

1 Sep 31min

Economics of the U.S. State

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 (liberalism/libertarianism) and maxi...

25 Aug 31min

The Resurgence of White Supremacy

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 them, a 24% decline in foreign s...

18 Aug 30min

DSA Revives Socialism in U.S. Politics

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 prosecutions for white collar crime...

11 Aug 31min

The Great Shift of Economic Thought from Macro to Micro

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 to think only one or the other ...

3 Aug 30min

A Critique of Profit

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 capitalist economies and a biased w...

27 Jul 30min

U.S. Housing Crisis Deepens

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 layoffs, Private Suites running priv...

20 Jul 31min

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