In our latest episode, Richard D. Wolff gives updates on the parallel declines of UK and US capitalisms; denials of their systemic problems worsens them. In the second part, he does longer segments on (1) political economy of immigration, and (2) why the basic problem of Central and South America is 2-3 centuries of capitalism producing and reproducing extreme inequality, staggering poverty, and corrupt government elites. That is the crucial context for the Cuban and Venezuelan efforts, however

On this week's episode, Prof. Richard D. Wolff elaborates on his critique of Uber and the gig economy, discusses US Senators endorsing inequality, Norway’s recent decision to pay male and female athletes equally, why corporations often buy back their own shares, workers dying due to overwork in Japan, the rise of homeless school children and how the majority of large US corporations pay below the official 35% tax rate. | Economic Update with Richard D. Wolff

In the first episode of the new season of Economic Update, Professor Wolff delivers updates on tariffs as political fiction, the Irish state apologizes for the gross exploitation of young women, the continuation of illegal toxic vehicle emissions and NY Senator Gillibrand seeks to cut restrictions on worker co-ops. In the second half of the show, Prof. Wolff interviews reporter Bob Hennelly on the US housing crisis as a sign of an unraveling economy. | Economic Update with Richard D. Wolff