Skip to content Skip to footer

Economic Update: Lessons About and From Socialism

This episode provides updates on the economic significance of Sanders’ Iowa vote, and more.

Truthout Logo

Support justice-driven, accurate and transparent news — make a quick donation to Truthout today! 

This episode provides updates on the economic significance of Iowa’s vote in the Democratic caucuses, the costs of an oil market collapse and Keynes’ thoughts on the risks of revolution. Finally, we interview author Pete Dolack about lessons from past experiments in socialism.

To see more stories like this, visit Economic Update: Your Weekly Dose of Revolutionary Economics

To listen in live on Saturdays at noon, visit WBAI’s Live Stream

Economic Update is in partnership with Truthout.org

Your radio station needs Economic Update! If you are a radio station, check this out. If you want to hear Economic Update on your favorite local station, send them this.

Visit Professor Wolff’s social movement project, democracyatwork.info.

Permission to reprint Professor Wolff’s writing and videos is granted on an individual basis. Please contact p[email protected] to request permission. We reserve the right to refuse or rescind permission at any time.

A terrifying moment. We appeal for your support.

In the last weeks, we have witnessed an authoritarian assault on communities in Minnesota and across the nation.

The need for truthful, grassroots reporting is urgent at this cataclysmic historical moment. Yet, Trump-aligned billionaires and other allies have taken over many legacy media outlets — the culmination of a decades-long campaign to place control of the narrative into the hands of the political right.

We refuse to let Trump’s blatant propaganda machine go unchecked. Untethered to corporate ownership or advertisers, Truthout remains fearless in our reporting and our determination to use journalism as a tool for justice.

But we need your help just to fund our basic expenses. Over 80 percent of Truthout’s funding comes from small individual donations from our community of readers, and over a third of our total budget is supported by recurring monthly donors.

Truthout has launched a fundraiser to add 460 new monthly donors in the next 8 days. Whether you can make a small monthly donation or a larger one-time gift, Truthout only works with your support.