Economic Update: Extremes of Rich & Poor in U.S. Capitalism
[S11 E32] Extremes of Rich & Poor in U.S. Capitalism
This week on Economic Update, Prof. Wolff discusses the new US program for monthly child benefits; why Covid strengthens some and divides other nations; the myth of “labor shortage;“ the real cost of ultra-luxury cruises; Uber and sexual assaults; and lastly, the outsized US costs of healthcare.
**Economic Update with Richard D. Wolff is a@democracyatwrk production. We make it a point to provide the show free of ads. Please consider supporting our work. Donate one time or become a monthly donor by visiting us at or become a patron of Economic Update on Patreon: Your contributions help keep this content free and accessible to all. Now more than ever, sharing Prof. Wolff’s message is critical.
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Learn more about d@w’s NEW BOOK by award-winning print and broadcast journalist Robert “Bob“ Hennelly. “Stuck Nation: Can the United States Change Course on Our History of Choosing Profits Over People?“ available at
“Hennelly brilliantly analyzes our capitalist crises and how individuals cope with them, tragically but often heroically. He helps us draw inspiration and realistic hope from how courageous Americans are facing and fixing a stuck nation.” - Richard D. Wolff
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SOURCES FOR SHOW SEGMENTS:
1. US program for monthly child benefits:
2. Covid strengthens some and divides other nations:
3. Myth of “labor shortage:
4. Luxury cruise travel:
5. Sexual assaults in Uber cars:
6. Outsized US costs of healthcare:
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