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Economic Reality Checks

Economic Update Radio with Dr. Richard Wolff -

Updates on Boeing and economic blackmail, socialism returns, Chrysler fine is bogus, airline fees ploy, auto union vs wage tiers. We respond to questions on stale debate at Medicare 50th anniversary and on getting financing for worker coops. Finally, we examine how China and Germany became economic powerhouses.

Capitalism’s Endless Costs

Economic Update Radio with Dr. Richard Wolff -

Updates on Coke vs Pepsi war, price gouging on cancer drugs, Corwyn good for UK Labor Party, and new Pope’s strong anti-capitalist speeches. We respond to listeners’ questions on guaranteed basic income and on why public employees are not an economic negative. Major attention is given to supporting countries that refuse to pay certain govt debts and especially to Greece in a review of is dramatic recent struggles.

Capitalism and its Others

Economic Update Radio with Dr. Richard Wolff -

Today’s program focuses on two alternatives to capitalism. The first is an alternative to how capitalism organizes enterprises in terms of their internal workings and relationships. We examine workers self-directed enterprises: how they work and how they compare to capitalist enterprises. In the program’s second half we look at an alternative to how capitalism organizes the economy as a whole: the socialist tradition that has evolved multiple different forms in the world today. We examine how socialism has evolved, its complex relationship with government, and how socialism compares with capitalism.

Learning from Economic Defeats

Economic Update Radio with Dr. Richard Wolff -

Continuing our new format experiment: two in-depth analyses. In the show’s first half: The New Deal was both a victory and a defeat. Both offer crucial lessons for today. In the show’s second half, a critical review of labor’s short and long-run goals, labor’s defensive decline, and a new strategy built on lessons of that decline.


Class and Socialism

Economic Update Radio with Dr. Richard Wolff -

We begin our 3-week experiment with a new format: two in-depth analyses, one in each half of the show. We begin by considering the different meanings  of class, class analysis and class struggle across human history and why those differences matter so much now. Today’s second half explores how socialism evolved from a basic alternative to capitalism into a state capitalism not so different from private capitalism.

Pope Questions Capitalism

Economic Update Radio with Dr. Richard Wolff -

Our updates start with victory of alumna, faculty and students over autocratic board of Sweet Briar College in Virginia, then discuss the uniquely awful US record on paid leave for workers and an interesting move by cities (Santa Cruz, CA as example) to disconnect from corrupt big banks. We have fun with why US govt leaving Waldorf Astoria hotel in New York and we celebrate rising UK movement against austerity. Second half of show interviews veteran reporter Bob Hennelly on the Pope’s statement about ecology, environment, and a failing economic system.

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