Podcast appearances and mentions of Richard D Wolff

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 specialist focus on capturing the state and the split between electoral/evolutionary approaches to that capture, as well as revolutionary approaches. A guiding theme is the relevance of socialism's rich history to its resurgence via the DSA in the US today. We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update. Economic Update with Richard D. Wolff is a production of Democracy at Work, Inc., and any reproduction in whole or part is strictly prohibited without written permission. We make it a point to keep the show ad-free and rely solely on viewer support to continue doing so. Every donation counts and helps us reach a larger audience with the information they need to better understand the events around the world that they won't find anywhere else. We want to thank our devoted community of supporters who help make this show and the others we produce possible each week. 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 Professor Wolff's latest book, "Understanding Capitalism," is available now for purchase: https://linktr.ee/understandingcapitalism © 2026 Democracy at Work, Inc. All Rights Reserved

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 maximizing it (New Deal/Trumpism), and the other between a state that serves the employer class and one that serves the working class. We end with a glance at where the current rise of the DSA fits into that second tension. We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update. Economic Update with Richard D. Wolff is a production of Democracy at Work, Inc., and any reproduction in whole or part is strictly prohibited without written permission. We make it a point to keep the show ad-free and rely solely on viewer support to continue doing so. Every donation counts and helps us reach a larger audience with the information they need to better understand the events around the world that they won't find anywhere else. We want to thank our devoted community of supporters who help make this show and the others we produce possible each week. 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 Professor Wolff's latest book, "Understanding Capitalism," is available now for purchase: https://linktr.ee/understandingcapitalism © 2026 Democracy at Work, Inc. All Rights Reserved

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 students coming to the U.S., and an emerging labor shortage in the U.S. economy. The second half of the show features an interview with Prof. Lucas Wilson, Mt Holyoke College, on the resurgence of white supremacy in the US today. We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update. Economic Update with Richard D. Wolff is a production of Democracy at Work, Inc., and any reproduction in whole or part is strictly prohibited without written permission. We make it a point to keep the show ad-free and rely solely on viewer support to continue doing so. Every donation counts and helps us reach a larger audience with the information they need to better understand the events around the world that they won't find anywhere else. We want to thank our devoted community of supporters who help make this show and the others we produce possible each week. 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 Professor Wolff's latest book, "Understanding Capitalism," is available now for purchase: https://linktr.ee/understandingcapita... © 2026 Democracy at Work, Inc. All Rights Reserved

In this episode of The Econoclasts, Yanis Varoufakis and guest Richard D. Wolff analyse the decline of US imperial hegemony, tracing how eroding global power, systemic economic instability, and the rollback of social democratic reforms have fuelled widespread political alienation, while offering a critical critique of mainstream economic theory and exploring the potential for a renewed socialist movement in America. Hosted on Acast. See acast.com/privacy for more information.

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 by the U.S. Justice Department while increasing pressures on Shawn Fain, head of the powerful United Auto Workers union, an that there are now over 200 people in the Caribbean and Pacific that have been killed by the U.S. military without lawyers, trials, or judges in show of disregard for law. The second half of today's show features an interview with Dr. Wilmer J. Leon III, Professor of Political Science and specialist on U.S. politics. We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update. Economic Update with Richard D. Wolff is a production of Democracy at Work, Inc., and any reproduction in whole or part is strictly prohibited without written permission. We make it a point to keep the show ad-free and rely solely on viewer support to continue doing so. Every donation counts and helps us reach a larger audience with the information they need to better understand the events around the world that they won't find anywhere else. We want to thank our devoted community of supporters who help make this show and the others we produce possible each week. 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 Professor Wolff's latest book, "Understanding Capitalism," is available now for purchase: https://linktr.ee/understandingcapitalism © 2026 Democracy at Work, Inc. All Rights Reserved

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 is allowed. For 100 years we have wasted time debating which is good and which bad. It's time to move on. Let's talk less about macro-issues like private vs public and more about the micro issue: what is the best way to organize enterprises (factories, offices, and stores): top-down hierarchical or democratic. That could bring much-needed change and improvement to today's economic systems. We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update. Economic Update with Richard D. Wolff is a production of Democracy at Work, Inc., and any reproduction in whole or part is strictly prohibited without written permission. We make it a point to keep the show ad-free and rely solely on viewer support to continue doing so. Every donation counts and helps us reach a larger audience with the information they need to better understand the events around the world that they won't find anywhere else. We want to thank our devoted community of supporters who help make this show and the others we produce possible each week. 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 Professor Wolff's latest book, "Understanding Capitalism," is available now for purchase: https://linktr.ee/understandingcapita... © 2026 Democracy at Work, Inc. All Rights Reserved

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 way to make investment decisions. Both biases are shown to be deeply undemocratic. We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update. Economic Update with Richard D. Wolff is a production of Democracy at Work, Inc., and any reproduction in whole or part is strictly prohibited without written permission. We make it a point to keep the show ad-free and rely solely on viewer support to continue doing so. Every donation counts and helps us reach a larger audience with the information they need to better understand the events around the world that they won't find anywhere else. We want to thank our devoted community of supporters who help make this show and the others we produce possible each week. 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 Professor Wolff's latest book, "Understanding Capitalism," is available now for purchase: https://linktr.ee/understandingcapitalism © 2026 Democracy at Work, Inc. All Rights Reserved

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 private terminals for rich U.S. flyers, and Bayer/Monsanto profiting by manipulating U.S. farmers' organizations. The second half of the show features an interview with Donald H Whitehead, Jr., the director of the National Coalition of the Homeless. We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update. Economic Update with Richard D. Wolff is a production of Democracy at Work, Inc., and any reproduction in whole or part is strictly prohibited without written permission. We make it a point to keep the show ad-free and rely solely on viewer support to continue doing so. Every donation counts and helps us reach a larger audience with the information they need to better understand the events around the world that they won't find anywhere else. We want to thank our devoted community of supporters who help make this show and the others we produce possible each week. 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 Professor Wolff's latest book, "Understanding Capitalism," is available now for purchase: https://linktr.ee/understandingcapitalism © 2026 Democracy at Work, Inc. All Rights Reserved

The Mercantilist Restoration - https://anthonyfatseas.substack.com/p/the-mercantilist-restoration-how?r=1ni7opInterview recorded - 10th of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Professor Richard Wolff. Richard Wolff is Professor of Economics Emeritus at the University of Massachusetts Amherst, and has been described as probably America's most prominent Marxist economist. He is the host of Economic Update and the author of Capitalism Hits the Fan. During our conversation we spoke about the current situation in the economy and geopolitics, the uncertainty in the economy, BRICS enemies of the West, the end of the US hegemony and more. I hope you enjoy!0:00 - Introduction3:37 - Current thoughts on economy and geopolitics8:51 - Geopolitical uncertainty linked to economy?15:42 - Iran conflict resolved?22:27 - BRICS enemies of the West33:56 - US hegemony42:03 - One message to takeaway?Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City.Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.Prof Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update. Professor Richard Wolff:Democracy at work: https://www.democracyatwork.info/Website: https://www.rdwolff.com/X: https://x.com/profwolffYouTube: @RichardDWolff WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

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. 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

In response to questions about Marx's relevance today, this program explains how Marx's criticism of capitalism was unique (more micro-focused than macro-focused analysis). It shows how Marx's critique of capitalism differs from his critique of slave and feudal class systems, on the one hand, and from post-capitalist ("socialist" or "communist") class systems, on the other. Marx's analysis is shown NOT to prioritize the private vs public enterprises dichotomy that has been debated as "the issue" over the last century. Instead, Marx's relevance for today lies in arguing for a post-capitalist system that is different from the slave, feudal, and capitalist class systems it seeks to replace.   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. 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

On this week's episode of Economic Update, Professor Wolff provides updates on the 3 major teachers' unions struggling with the LA Unified School District, rising electricity costs in the U.S., and corrupt utility commissions,  and on the extreme redistribution of wealth from the lower 99% to the richest 1% in the U.S. from 1990 to 2025. The second half of today's show features an interview with public health professor Stephen Bezruchka on the economic and political roots of widespread sickness in the U.S., as analyzed in his new book, "Born Sick in the USA: Improving the Health of a Nation". 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. 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

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 transportation of oil and gas sufficiently to drive up oil and gas prices globally, while also raising the prices of fertilizer and plastic and, via rising diesel fuel prices, all products brought to retail by trucks. In short, inflation was stoked by the war. Requesting $200 billion for the war on Iran deepens the U.S. fiscal crisis even further, stretching NATO almost to the breaking point. Trump's popularity appears to be in a tailspin.   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. 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

On this week's episode of Economic Update, Professor Wolff presents updates on European turmoil that include how the French municipal elections are revealing Macron's weaknesses, Germany's opposition of the war on Iran, the UK waffling on Iran and helping the U.S., and Europe's deepening subordination to the U.S. and China as economic giants in today's world economy—especially in advanced technological areas. The show's second half features an interview with Professor Teresa Ghilarducci on the crisis of pensions in the U.S., the "reforms" being proposed, and the grim realities to be faced if pensions continue to decline.   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. 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

This week on Economic Update, Professor Wolff discusses the flaws in the argument that profit is an appropriate, just return to the risk taken by a capitalist who invests. The critique focuses on (1) what it means that a capitalist can withhold means of production from production, and (2) how workers, their families, and communities also take risks in any productive enterprise yet get no profits, thereby invalidating the justification of profit as a reward for risk. In the second half, he shows that technical innovations such as AI do not cause unemployment; rather, the capitalist system does. An example is offered of how AI could be installed to advantage every enterprise's majority—its employees—rather than profit its employers (a minority in enterprises).   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. 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

On this episode of Economic Update, Professor Wolff provides updates on job losses in February 2026 in the U.S. economy, how California unions are actively protecting immigrant workers from ICE, capitalist crashes and politics (1929 vs. today), and Europe's economic dead end. In the second half, Professor Wolff interviews journalist-critic (and Bernie Sanders' speechwriter) Richard RJ Eskow about AI.   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. 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

Richard D. Wolff, Professor of Economics Emeritus at the University of Massachusetts Amherst and co-founder of Democracy at Work, argues that the United States is living through the terminal phase of imperial overreach. Drawing on the history of empires from Persia and Rome to Britain, Wolff contends that no empire has ever escaped the arc of birth, expansion, and decline—and the US is no exception. Having emerged from World War II as the world's undisputed economic hegemon, the US has spent decades in self-deluding arrogance, mistaking a historically anomalous post-war moment for permanent, God-given supremacy. The rot is now unmistakable: $35 trillion in debt, a proposed $1.5 trillion war budget, and a string of military defeats from Vietnam to Afghanistan. China, growing at two to three times the US rate for thirty consecutive years, has quietly displaced American economic dominance. The war on Iran—a civilisation far older than the Judaeo-Christian tradition attacking it—may prove the final overreach. With the Strait of Hormuz closed and NATO allies refusing to help, Wolff sees Trump as a latter-day Nero, fiddling while the empire burns. The solution, he insists, is redirecting military spending toward the American people. Get full access to Savage Minds at savageminds.substack.com/subscribe

This week on Economic Update, Professor Wolff explains how and why Trump's tariff policies add uncertainties to global trade that undermine the very benefits he promised tariffs would bring. He also explains why the United States has never truly been a democracy, but rather an authoritarian society whose current shift is from a polite authoritarianism to a blunt, unvarnished one. The core argument is that the workplace—whether a factory, office, or store—is organized in a fundamentally authoritarian way, and that this structure then extends to and infects the rest of society.   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. 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

On this week's episode of Economic Update, Professor Wolff discusses the history of highly successful government-built and-operated housing launched in 1918, the gains won by UAW workers in the first contract at the Volkswagen factory in Chattanooga, TN, and the story of the three-year strike by the Newspaper Guild against the Pittsburgh Post-Gazette, which was finally won—only for the paper's owners to shut it down. The second half features an interview with Rob Robinson about housing, affordability, and homelessness in the U.S. today.   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. 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

On this week's episode of Economic Update, Professor Wolff breaks down the simultaneous huge spending increases on the military in the U.S. and Europe, suggesting a shared crisis leading to a shared self-protective solution found by the ruling classes both in Europe and in the US. The shared end of colonialism plus the rise of global competition from China and the BRICS plunges their ruling classes into parallel crises, for which they prepare their last node of self-protection, namely building up domestic military. Europe does so in disguise and for self-protection against Russia. The U.S. does it by claiming self-protection from China, plus the rest of the world. We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update. 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. 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

On this week's episode of Economic Update, Professor Wolff provides updates on the shared significance of three major strikes: New York City nurses, San Francisco teachers, Kaiser Permanente health workers in California; the cause of U.S./European discord at the 63rd annual Munich Security Conference in Germany in February. The second half of today's show features an interview with a New York City psychotherapist on the social significance of the Jeffrey Epstein scandal.   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. 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

This week on Economic Update, Professor Wolff provides an assessment of the first year of Trump's second term in office, covering how he inherited the problems of a declining empire and proved unable, or unwilling, to stop or reverse the decline, and how that flows in part from the ways the Republican and Democratic parties operate and in part from the difficult conditions both face. The results at the end of the first year are very poor for both parties.   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. 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

This week on Economic Update, Professor Wolff delivers updates on U.K. PM Starmer's trade visit to China, the new head of the Federal Reserve, and the escalation of a general strike in Minneapolis and its spread across the U.S. as people gear up against government assaults on cities. In the second half, Professor Wolff interviews Professor Ray Madoff of Boston College Law School to discuss the flaws in the U.S. tax system and her new book, The Second Estate: How the Tax Code Made an American Aristocracy.   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. 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

Interview recorded - 4th of February, 2026On this episode I have the pleasure of welcoming back Professor Richard Wolff. Professor Wolff is a well-known critic of an alternative contemporary economic system, host of the Economic Update and Founding Director of Democracy at work. During our conversation we spoke about his economic outlook, the Chinese having the reserve currency, conflict between allies, Europe resting on its laurels, the impact of AI and more. I hope you enjoy!0:00 - Introduction0:59 - Current outlook in the economy10:22 - Yuan reserve currency?12:48 - Conflict between allies19:21 - Europe resting on their laurels26:29 - How is this resolved?32:57 - AI impact?40:05 - One message to takeaway?Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City.Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.Prof Wolff is the co-founder of Democracy at Work and host of their nationally syndicated show Economic Update. Professor Richard Wolff:Democracy at work: https://www.democracyatwork.info/Website: https://www.rdwolff.com/X: https://x.com/profwolffYouTube: @RichardDWolff WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

On this week's episode of Economic Update, Professor Wolff delivers updates on how 73% of U.S. credit card debt is needed for everyday purchases, the issues with Venezuelan oil, and MAGA splits as Trump panders to the voting masses at the expense of a few giant corporations. The second half features an interview with Geo Maher, author, educator, and activist, on the crisis in Venezuela and its long-term implications for the U.S. and the rest of the world.   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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the Pentagon's investments into private companies, the end of electric vehicle subsidies in conjunction with the arrival of Chinese EVs in the U.S., the growing trade and produce exchange between Canada and China, and the nurses' strike of NYC private hospitals grows to include 15,000. In the second part of today's episode, Professor Wolff talks with Professor Clara Mattei about her new book, "Escape from Capitalism."   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. 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

This week on Economic Update, Professor Wolff analyzes topics from Israel and Gaza to Epstein scandals to U.S. neocolonialism to Europe's failure to seize Russian wealth held in European banks with a focus on the historical importance of key developments shaping the global crisis emerging today.   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. 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

This week on Economic Update, Professor Wolff devotes the first half to New York's new Mayor Zohran Mamdani. He discusses how and why he defeated so many efforts to block him, and what he needs to do to succeed, deliver on his campaign promises, and create a lasting legacy of his time in office. The second half of today's show features an interview with Sabrina Salvati on her new documentary film, "REMOVED: Black Erasure in Boston."   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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the Black Friday strikes against Amazon in Germany and against Zara in Spain, the rapid decline of New School University as an example of a deepening crisis in U.S. higher education, and a new U.S. national security paper that throws Europe under the bus, further signaling the end of the U.S. empire. The second part of today's show features an interview with author, activist, and host of "The Muckrake Podcast," Jared Yates-Sexton, on his political analysis and campaign for change in the U.S today.   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. 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

On this week's episode of Economic Update, Professor Wolff provides an analysis of "globalization" as a fancy slogan to hide a profit-driven, profit-boosting period (1970-2015) that saw US capitalists move factories abroad. It destroyed so many well-paid factory jobs (especially of white, male Christians) that it produced massive suffering among the affected communities. As their rage built and both Republican and Democratic politicians turned a blind eye to their suffering, right-wing politicians saw an opportunity. Find a candidate really different from the old Republican and Democratic establishments - a Trump - and have him express the rage, anger, and bitterness of those who had lost the American Dream. Trump blamed globalization, foreigners in general, immigrants in particular, liberals, and Democrats: all lumped into "globalists," a term that changed from celebration to total evil. Conveniently for the leaders of major US corporations - the people who had actually made the decisions to move production abroad and profited from that escaped from Trump's blame. Now he promises to lead them to more profits by switching back to economic nationalism. But like globalization, it will prove profitable for the same corporations now as it did before. America First will hide the suffering it imposes every bit as much as globalization did. Capitalism is the problem.   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. 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

This week's episode of Economic Update is an adaptation from a talk Professor Wolff gave at Yale University on December 2, 2025, to the Yale Political Union. In this presentation, he discusses the significance of the title "Marx was Right," which Yale offered, and points out that, over the last 75 years, such a topic or event would not likely have occurred on that campus. He provides a basic summary of critical points throughout Marx's work where he has been proven "right." Professor Wolff also discusses how and why socialism has evolved, from the rise and fall of the USSR to the rise of the People's Republic of China.   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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the internal struggle inside the U.S. Teamsters Union between O'Brien leadership and Hooker challenge group (pro- vs anti-Trump), Trump-McMahon attack on the nursing profession in the U.S., and Trump's own reduction of tariffs and thus of government revenue from tariffs. Then, Professor Wolff interviews Abby Martin about her new film, "Earth's Greatest Enemy," which explores the U.S. military's disastrous ecological impact on the planet.   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. 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

This week on Economic Update, Professor Wolff delivers updates on the nationwide Starbucks strikes and on the results of Trump's tariffs: facts and fakery. The second part of the show features an interview with journalist and podcast host John Fugelsang about his new book: Separation of Church and Hate: A Sane Person's Guide to Taking Back the Bible from Fundamentalists, Fascists, and Flock-Fleecing Frauds.   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. 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

This week on Economic Update, Professor Wolff delivers updates on the nationwide Starbucks strikes and on the results of Trump's tariffs: facts and fakery. The second part of the show features an interview with journalist and podcast host John Fugelsang about his new book: Separation of Church and Hate: A Sane Person's Guide to Taking Back the Bible from Fundamentalists, Fascists, and Flock-Fleecing Frauds.     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. 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

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 concept to the economies of slavery and feudalism before focusing on the role of the surplus in capitalism. Finally, we use the surplus to delineate the ways alternative post-capitalist systems, such as socialism or communism, distribute it.   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. We kindly ask you to

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 concept to the economies of slavery and feudalism before focusing on the role of the surplus in capitalism. Finally, we use the surplus to delineate the ways alternative post-capitalist systems, such as socialism or communism, distribute it.   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. 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

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 class struggle is involved in tariffs such as those imposed by Trump, (2) how inflation exemplifies class war, and (3) how unemployment reflects and includes class war. A question addressed throughout today's program is "Why establish and maintain an economic system that produces and reproduces class war across its history?"   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. We kindly ask you to

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 class struggle is involved in tariffs such as those imposed by Trump, (2) how inflation exemplifies class war, and (3) how unemployment reflects and includes class war. A question addressed throughout today's program is "Why establish and maintain an economic system that produces and reproduces class war across its history?"   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. We kindly ask you to 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 class struggle is involved in tariffs such as those imposed by Trump, (2) how inflation exemplifies class war, and (3) how unemployment reflects and includes class war. A question addressed throughout today's program is "Why establish and maintain an economic system that produces and reproduces class war across its history?"   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. We kindly ask you to

On this week's episode of Economic Update, Professor Wolff's updates include the 60+ people killed by the U.S. military in what it claimed were "narco boats," Socialist Catherine Connolly wins the Presidency in Ireland, Canada hit with nationwide postal workers strike alongside a strike of the entire public workforce (51,000) in Alberta, Canada, and finally a new poll showing that 67% of U.S. college students look favorably or neutrally on socialism. In the second half of today's show, Professor Wolff interviews Robert Ovetz and Kevin van Meter on effective new ways of organizing workers.   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. We kindly ask you to

On this week's episode of Economic Update, Professor Wolff's updates include the 60+ people killed by the U.S. military in what it claimed were "narco boats," Socialist Catherine Connolly wins the Presidency in Ireland, Canada hit with nationwide postal workers strike alongside a strike of the entire public workforce (51,000) in Alberta, Canada, and finally a new poll showing that 67% of U.S. college students look favorably or neutrally on socialism. In the second half of today's show, Professor Wolff interviews Robert Ovetz and Kevin van Meter on effective new ways of organizing workers.   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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the Italian dockworker unions refusing to load or unload Israeli cargo, the broadened national general strikes in Italy demanding the end of the Italian government's support for Israel because of Gaza, and a discussion of the return of socialism into U.S. politics after 80 years. The second half to the show features an interview with Balakrishnan Rajagopal, Professor at M.I.T. and United Nations Special Rapporteur on the Right to Adequate Housing.   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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the Italian dockworker unions refusing to load or unload Israeli cargo, the broadened national general strikes in Italy demanding the end of the Italian government's support for Israel because of Gaza, and a discussion of the return of socialism into U.S. politics after 80 years. The second half to the show features an interview with Balakrishnan Rajagopal, Professor at M.I.T. and United Nations Special Rapporteur on the Right to Adequate Housing.   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. 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

This week on Economic Update, Professor Wolff delivers updates on the impending U.S. recession, JP Morgan admits failures of the neoliberal period as it turns nationalist, and the causes of mass shootings in the U.S. In the second half of today's show, Professor Wolff interviews two young U.S. union organizers and their organizing method of "workers inquiry": Alex Pyne of the Blue Bottle Independent Union and Anastasia Wilson of Hobart and William Smith Colleges.   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. 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

This week on Economic Update, Professor Wolff delivers updates on the impending U.S. recession, JP Morgan admits failures of the neoliberal period as it turns nationalist, and the causes of mass shootings in the U.S. In the second half of today's show, Professor Wolff interviews two young U.S. union organizers and their organizing method of "workers inquiry": Alex Pyne of the Blue Bottle Independent Union and Anastasia Wilson of Hobart and William Smith Colleges. 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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the censoring of U.S. government reports on hunger, changes in U.S. agriculture amid capitalism's decline, the special place of white, male, Christian union members in the MAGA world, and the relation of A.I. and jobs. In the second half of the show, Professor Wolff interviews UCLA Professor Ramesh Srinivasan, host of the podcast "Utopias," on technology, capitalism, and our collective future.   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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the censoring of U.S. government reports on hunger, changes in U.S. agriculture amid capitalism's decline, the special place of white, male, Christian union members in the MAGA world, and the relation of A.I. and jobs. In the second half of the show, Professor Wolff interviews UCLA Professor Ramesh Srinivasan, host of the podcast “Utopias,” on technology, capitalism, and our collective future.   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. 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

This week on Economic Update, Professor Wolff delivers updates on the I.C.E. raid at a battery factory in Georgia, the growing inequality in the U.S. during both Trump terms, the 75 U.S. military airstrikes on Somalia in 2025, and France's mass national street actions against the Macron government's austerity policies. The second part of the episode features an interview with Christopher G Beck, the architect who is organizing a union of architects in the U.S. and author of the new book, The Labor of Architecture.   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. 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

This week on Economic Update, Professor Wolff delivers updates on the I.C.E. raid at a battery factory in Georgia, the growing inequality in the U.S. during both Trump terms, the 75 U.S. military airstrikes on Somalia in 2025, and France's mass national street actions against the Macron government's austerity policies. The second part of the episode features an interview with Christopher G Beck, the architect who is organizing a union of architects in the U.S. and author of the new book, The Labor of Architecture.   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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the non-profit reporters that are unionizing in Ohio, the Hilton Hotel workers striking in Houston, Canada's third party with radical leadership, and Canada's postal strike pits private profits of UPS, FedEx, etc, vs the nation's real postal needs. In the second half of the show, Professor Wolff interviews Kim Westcott, Managing Director of Women Building Up, a new community organization in Brooklyn, New York, dedicated to helping formerly incarcerated women reintegrate into new lives.    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. 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

On this week's episode of Economic Update, Professor Wolff delivers updates on the non-profit reporters that are unionizing in Ohio, the Hilton Hotel workers striking in Houston, Canada's third party with radical leadership, and Canada's postal strike pits private profits of UPS, FedEx, etc, vs the nation's real postal needs. In the second half of the show, Professor Wolff interviews Kim Westcott, Managing Director of Women Building Up, a new community organization in Brooklyn, New York, dedicated to helping formerly incarcerated women reintegrate into new lives.    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. 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