This week on Economic Update, Professor Wolff begins by presenting updates on the death of libertarianism and the rise of US economic nationalism, and US universities become big businesses, governed by money concerns. In the episode's second half, Professor Wolff interviews Professor Geert Dhondt, the Chair of the Economics Department and Economics Professor at John Jay College of the City University of New York, on how colleges and universities are reacting to Trump's attack on higher education.

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Professor Wolff begins this week on Economic Update by analyzing the choice between reform and revolution through two historical discussions: the anti-slavery fight in the mid-19th century and the anti-Depression fight in the U.S. during the 1930s. He then explains the stakes in choosing reform or revolution as goals for social change and outlines how and why both options are now back on the working class's agenda in the U.S. He concludes the discussion by suggesting that revolution is the necessary guarantor of the duration of reforms in the U.S., offering an alternative perspective to consider when choosing reform over revolution.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.1:01

We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

On this week’s episode of Economic Update, Professor Wolff delivers updates on Trump VS Harvard, Trump's "antisemitism" maneuver, how higher education in the U.S. is becoming ever more " business-like,” and the economics behind the depreciation of the U.S. dollar since Jan 20, 2025. The show's second half features an interview with Mr. Rob Robinson, who is to be awarded an honorary doctorate from the City University of New York at its Commencement on June 10, 2025, in recognition of his multiple contributions in the fight against homelessness and inadequate housing in the U.S.

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.

You can support our work by joining our Patreon community:

https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate

Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.

We want to thank our devoted community of supporters who help make this show and others we produce possible each week.1:01

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