Skip to content Skip to footer

Economic Update: System Badly Broken

This episode provides updates on fines for defective products, slowing wages and more.

Truthout Logo

This episode provides updates on Kshama Sawant’s victory in Seattle, fines for defective products, slowing wages, Puerto Rico as the “US Greece,” the economics of refugee tragedies and crooked banks’ fall guys. We also respond to questions regarding worker self-management. Finally, we give an in-depth critical analysis of Germany’s economic strength today, and how and why political economy of capitalism is basically irrational.

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 This email address is being protected from spambots. You need JavaScript enabled to view it.“>[email protected] to request permission. We reserve the right to refuse or rescind permission at any time.

The day we’ve been anticipating

It’s happening: the U.S. presidential election is today, and Truthout needs your support for our continuous election coverage.

Your gift today allows us to hold the political candidates accountable, delve into the nuance of complex issues, and stay wholly focused on seeking justice. And no matter what happens tonight, your gift today ensures that our essential political journalism can continue – in whatever conditions we find ourselves in for the next four years.

Please make a one-time or monthly donation to Truthout today.