Europe 2024: Disunity, Decline, Despair (Jan/...

In this presentation, Professor Wolff discusses how the first two world wars brought an end to the British, German, and Japanese empires, and how a third would likely bring down the American empire. Specific topics include: 1. The U.S. empire's decline provokes desperate economic ...  Show more

In our capitalist economy, employers pay wages and set prices that together determine whether a decent life is affordable. Employers' goal is to maximize their profit. But employees – the vast majority of us – have different goals. One of them is basic affordability. In this p ...

****************************************************************************** [EU S14 E04] US Capitalism At The Crossroads ****************************************************************************** This week's Economic Update Professor Richard Wolff discusses the special dim ...  Show more

[EU S14 E12] How Capitalism Distributes Power Updates on resurging child labor in US, colleges athlete vote to join unions, unionization sweeping not-for-profit charities (hospitals, museums, etc) such as MassMoca in western Massachusetts. Major discussion of how capitalism conce ...  Show more

NOTE TO SUBSCRIBERS: Despite the multiple setbacks we have experienced over the last several months in our efforts to continue producing and releasing Economic Update here on YouTube, we are very excited to announce the return of Economic Update to YouTube as of today. Over the n ...  Show more

****************************************************************************** [EU S14 E03] As The Empire Crumbles ****************************************************************************** In this week's episode of EU, Prof.Wolff delivers updates on the mass closing of Greyh ...  Show more