show episodes
 
Economic Update is a weekly nationally syndicated radio program produced by Democracy at Work and hosted by Richard D. Wolff. The program explores complex economic issues and empowers listeners with information to analyze their own financial situation as well as the economy at large. By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, and profits - the program explores alternative ways to organize markets and government policies.
 
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show series
 
On this week's show, Prof. Wolff presents updates on the 'Social Progress Index" and US capitalism's decline; how most young Americans, 18-29, now live with their parents; Argentina's debts are cut in half; and lastly, why most of the US economy is now on welfare. The second half of the show features a major discussion of a social transition beyond…
 
On this week's show, Prof. Wolff presents updates on why the FED monetary policy dominates the US; fatal flaws of eviction moratorium; luxury, fashion centers shift to China despite US anti-China policies; and the unnecessary crisis of US restaurants. On the second half of the show, Wolff interviews sports journalist Dave Zirin on historic strikes …
 
In this episode we speak with five experts in the field of employee ownership about the process of selling a business to employees via an Employee Stock Ownership Plan. Each interview focuses on a particular aspect of the process. Taken together, the interviews provide a general primer for anyone interested how the process works as well as what key…
 
On this week's all new Economic Update, Prof. Wolff discusses the Federal Reserve's pro-inflation policy's causes and effects, professional athletes and "dual power," more state-monopoly capitalism in the US, and Denmark vs US on Covid-19 battle. On the second half of the show, Prof. Wolff interviews journalist Bob Hennelly on the US labor crisis.…
 
There is a large body of research demonstrating that employee owned companies outperform their conventional counterparts. However, much of this research focuses on company level characteristics. In this episode we sit down with Nancy Wiefek, Research Director at the National Center for Employee Ownership (NCEO) to talk about the groundbreaking rese…
 
he world of employee ownership is made up of a vast array of stories, experiences, and journeys. Within this diversity, there are certainly differences, but also, in our view, an overriding commonality - broadened ownership of productive assets is good for employees, the businesses they work for, and the economy at large. In this episode we sit dow…
 
Based on a recent webinar this episode includes a conversation with two financial experts, Eric Zaleski and Sean Kelleher, who talk about where we are now, and how to successfully get to the other side. We cover general market conditions; the lending and finance markets for privately held companies; managing cash flow and debt load (and staying sol…
 
The sale of a private business to an ESOP can seem like a very different beast than a typical business transaction. There are, of course, components of a sale to an ESOP that you won’t find in a third-party sale or a family transfer, but there also similarities. For this episode we talk with attorney Avery Chenin of SES ESOP Strategies on outlining…
 
For this episode we head out to California and check in with Corey Rosen, Founder of the National Center of Employee Ownership (NCEO) located in the Bay Area; and Kim Blaugher, who recently became the Executive Director of the Beyster Institute at UC San Diego. Our conversation with Corey Rosen begins with the impact of the current crisis on the op…
 
With the outbreak of the COVID-19 epidemic, good strategies for building culture and facilitating communication are more important than ever. Whether it is social distancing, remote workplaces, or the stress and uncertainty that comes with an unknown future. In this episode we connect with Jim Bado and Cathy Ivancic of Workplace Development. First …
 
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