
On the first half of the show, Prof. Wolff focuses on how, why socialism has changed from what it meant in the 19th and 20th centuries (public enterprises + state planning vs capitalism's private enterprises + markets). The second half explores why 21st century socialism aims to democratize capitalist workplaces, replacing their top-down undemocratic organization with worker cooperatives.
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Updates on ICE raid in Mississippi, global comparisons of gun violence, conservatives on Dem's wealth tax ideas. Interview With Dr Harriet Fraad on how capitalism affects mental health in US."
Analysis of the state of the US economy at summer's end, 2019: a decidedly mixed picture. Critique of the institution of the market that focuses on its structure, social effects, and particular beneficiaries: a counter…
Updates on parallel declines of UK and US capitalisms; denials of their systemic problems worsens them. Longer segments on (1) political economy of immigration, and (2) why the basic problem of Central and South America…
Updates on politicians' "blame game" of scapegoating to avoid blaming capitalism, middle class squeezed by prices, limits of workers on corporate boards of directors, lessons from a courageous Puerto Rican people.…
This is a repeat episode. No new episode in observance of the Labor Day Holiday. An all new EU will return next week. On this episode of Economic Update, Prof. Wolff begins with socialism's history especially in the US:…