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Today's entire program approaches the economic role of the state in U.S. society, past and present. We analyze two major tensions: one between minimizing the state (liberalism/libertarianism) and maximizing it (New Deal/Trumpism), and the other between a state that serves the employer class and one that serves the working class. We end with a glance at where the current rise of the DSA fits into that second tension.
We hope you enjoy this discussion and look forward to joining you next week for another all-new episode of Economic Update.
Economic Update with Richard D. Wolff is a production of Democracy at Work, Inc., and any reproduction in whole or part is strictly prohibited without written permission. We make it a point to keep the show ad-free and rely solely on viewer support to continue doing so. Every donation counts and helps us reach a larger audience with the information they need to better understand the events around the world that they won't find anywhere else.
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Professor Wolff's latest book, "Understanding Capitalism," is available now for purchase: https://linktr.ee/understandingcapitalism
In preparation for the upcoming Resist & Build conference in Denver, Colorado this October 14th-18th, this week’s episode of Redneck Gone Green is a rerun from May 2025. This episode recaps their conversation about the “Resist & Build” movement and summit with special guest Emily Kawano. David & Shane will take a two-week break before returning live on the Democracy at Work YouTube Channel on Sept. 7th. While they’re away, Redneck Gone Green will still hit the airwaves with one more rerun, and we're sure you'll appreciate taking a look back with us at the important work our friends and collaborators do day in and day out!
You can get a full deep-dive on David's Substack and support his work directly:
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