Economic Update with Richard D. Wolff Economic Update with Richard D. Wolff

Activism in the U.S. Now

Sep 15, 2026 · 31m

Summary

Richard Wolff discusses the market failure in childcare, arguing for free public daycare to boost labor participation and child development. He critiques the US federal debt milestone and the "bluff" of corporate tax threats. In the second half, guest David Cobb analyzes the deep alienation from government, attributing it to neoliberal policies and the end of the American empire. Cobb advocates for building post-capitalist institutions like cooperatives and community land trusts to address immediate material needs.

Topics discussed

Introduction and Resist & Build conference announcement Harvard report on childcare needs and market failure Critique of Ambassador Huckabee's selective morality California billionaire tax and the bluff of corporate flight US public debt crossing $40 trillion and interest costs Fundraising update and book signing announcement Introduction of guest David Cobb Discussion on alienation from government and economic suffering Political polarization and the challenge for Republicans Root causes: Neoliberalism, empire, and ecological collapse The rise of the DSA and material conditions driving change Action items: Building cooperatives and post-capitalist institutions Reflection on global debt and the predatory nature of capital Closing remarks and farewell
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