On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.
Updates focus on the economics of public vs charter schools and Walmart as capitalist "success story." A major discussion of economic theories that celebrate vs theories that criticize capitalism. Responses to listeners' questions about German workers' "co-determination" and French socialism's waffling.
Wolff will focus on wages, jobs, taxes, and debts - and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.