News
Supermarket Jobs, Super Exploitation
3+ hour, 27+ min ago (181+ words) 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 and underpaid non-tenure track faculty (adjuncts," etc.) who are joining unions, especially the UAW, which…...
Economic Update - Economic Implications of the U. S. War on Iran (Encore)
2+ mon, 4+ day ago (199+ words) On today's show: This week on Economic Update, Professor Wolff discusses the 3800 Colorado meatpackers on strike before diving into a presentation on how the war on Iran and the closure of the Strait of Hormuz have disrupted the production and…...
The Decline of U. S. Capitalism?
2+ mon, 5+ day ago (144+ words) The left has a long history of predicting the decline of US capitalism and empire. Some argue that Trump is a symptom of that decline " a strongman chosen by capital to set things right " and that the ill health of…...
The History of Capitalism
4+ mon, 3+ week ago (137+ words) Capitalism as an economic system has been around in various forms for over a thousand years and according to our featured guest this week, it keeps evolving. Join us for a lively and challenging discussion between Ralph and Harvard history…...
Extraction and Global Capitalism
4+ mon, 4+ week ago (128+ words) It's largely invisible to most of us, but without the industries and workers that drill or mine the world's raw materials, and the arteries of transport that bring petroleum and other resources across the seas, global capitalism would sputter to…...
The Key Concept of 'Surplus' in Economics
6+ mon, 4+ week ago (164+ words) On today's episode of Economic Update, Professor Wolff delivers an introduction to the key economic concept of "the surplus." He explains economic structures as ways of organizing the production and social distribution of the surplus. Then he briefly applies this…...
Capitalism Equals Class Warfare
7+ mon, 5+ day ago (182+ words) The totality of today's Economic Update is devoted to exploring (1) the multiple ways that capitalism imposes class warfare on its people, and (2) how class warfare shapes the capitalist system's impact on employers and employees. Specific examples show (1) what kind of…...
Making Sense Of Trump's Economic Plan
1+ year, 6+ day ago (87+ words) This week's episode of Economic Update features an analysis by Professor Wolff on: 1. How Trump seeks to address the problem of costly American wars and their impact on sharply rising budget deficits, 2. How the rising U. S. debt has led to the…...