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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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Beyond Basic Universal Income

Dec 19, 2019

REPEAT [S9 E13]
 
In-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism's unnecessary production of unemployment because it utilizes technical progress (rising productivity) for profits. The alternative benefits workers' leisure rather than...

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[S9 E47] Libertarianism, Capitalism and Socialism

Dec 12, 2019

Libertarians defend capitalism by saying its many current flaws/faults flow from the state's economic interventions, not from the system itself. Libertarians oppose socialism as even more state-dominated. We criticize libertarians based on capitalism's long history of strong state interventions and...

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[S9 E46] Competition and Monopoly in Capitalism

Dec 6, 2019

This week’s special topic discusses capitalism's growing problems, such as inequalities, instabilities, and unsustainability. That leads some defenders to argue that the causes of these problems are monopolies displacing competition in many industries. We disagree: capitalism's history is oscillations between...

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