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A Critique of Government Spending

Economic Update with Richard D. Wolff

Release Date: 04/23/2024

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Economic Update with Richard D. Wolff

[EU S14 E19] Prospects for a Political Turn Left This week’s Economic Update Professor Richard Wolff discusses the successful unionization drives that is sweeping across US universities (example: Boston University), We highlight the facts that disprove Biden's "great economy" claims and why inflation is much worse in the United States than in China.  Finally we have an exclusive Interview with Jared Yates Sexton, writer and political analyst, on prospects for a left turn in US politics. The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make...

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Economic Update with Richard D. Wolff

[EU S14 E18] Uneven Development a Key Problem of Capitalism This week in honor of Karl Marx's birthday over this past weekend, Professor Richard Wolff offers a discussion of Marx's important theory of uneven development as central to capitalism. We show its widespread existence, using examples of it from past and present. We conclude by showing how uneven development helps cause key social problems in 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...

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Economic Update with Richard D. Wolff

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A Critique of Government Spending show art A Critique of Government Spending

Economic Update with Richard D. Wolff

[EU S14 E16] A Critique of Government Spending This week’s Economic Update Professor Richard Wolff devotes this program devoted to how to understand government spending. How it shapes the larger society. We will focus on two questions 1) What is the government spending on? and 2) How is that money going to be used, and who benefits? If government spending only flows to capitalist corporations, they will use it to reproduce capitalism including its inequalities and injustices. This is a crucial impact of government spending but rarely examined. The alternative - spending on worker coops - is...

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Economic Update with Richard D. Wolff

[EU S14 E15] A Sea Change In US Labor's Militancy In this week’s Economic Update Professor, Richard Wolff examines US spending on war materials for Ukraine and Israel, we will discuss Chinese Electric Vehicle imports and the US's protectionist response, and we will highlight the possible convergence of worker cooperatives as part of union negotiating strategies, and we discuss the impact of Harvard college workers vote overwhelmingly to join two unions. Finally, we Interview author and union organizer, Kim Kelly. Kim Kelly is a journalist, author, and third-generation union member based in...

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Economic Update with Richard D. Wolff

Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of the 200th anniversary of his birth.

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[EU S14 E16] A Critique of Government Spending

This week’s Economic Update Professor Richard Wolff devotes this program devoted to how to understand government spending. How it shapes the larger society. We will focus on two questions 1) What is the government spending on? and 2) How is that money going to be used, and who benefits? If government spending only flows to capitalist corporations, they will use it to reproduce capitalism including its inequalities and injustices. This is a crucial impact of government spending but rarely examined. The alternative - spending on worker coops - is explained and explored as a better alternative.

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.

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