🦩 This episode originally aired on May 30, 2025. Get new episodes early at patreon.com/CurrentAffairs
Professor Richard Wolff is the host of the weekly program Economic Update, co-founder of Democracy at Work, and the author of numerous books including Understanding Marxism, Understanding Socialism, Capitalism Hits the Fan, and The Sickness Is the System.
He joins Current Affairs to explain how economics is deliberately taught in a way that confuses people and obscures the realities of power and exploitation. He dismantles the myth that capitalism delivers prosperity, showing instead how it generates instability, inequality, and crisis. Wolff also offers a sober analysis of America’s imperial decline, critiques Trump’s economic agenda, and exposes the economic lies behind anti-immigrant rhetoric.
đź“š Subscribe to Richard's YouTube Channel: https://www.youtube.com/@democracyatwrk/videos
đź“š Buy Richard's Books: https://www.rdwolff.com/books
0:00–11:53 Why Economics Is Designed to Confuse You
11:53–22:26 What Marxism Actually Reveals About Capitalism
22:26–30:55 Capitalism Isn’t What You Think It Is
30:55–36:48 Capitalism’s “Success” Story Is a Lie
36:48–44:35 The End of American Empire
44:35–47:45 Will Trump Cause A Recession?
47:45–57:23 The Economics of Immigration
Popular Podcasts
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
The Clay Travis and Buck Sexton Show
The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.