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Economic Update with Richard D. Wolff

Higher Education Labor United (HELU) Rises

Economic Update with Richard D. Wolff

Democracy at Work

Politics, News, Government

4.82.1K Ratings

🗓️ 23 September 2025

⏱️ 34 minutes

🧾️ Download transcript

Summary

On this week's episode of Economic Update, Professor Wolff delivers updates on the Vermont Public Employers who got the contractual right to act with pay to "defend democracy," Tesla's board offers Musk a $1 trillion CEO pay package, Trump and top corporate executives merge at Intel and other hi-tech corporations, quite like the mergers in Nazi Germany and fascist Italy. The second half of the show features an interview with Joe Berry and Helena Worthen, long-time organizers of 'contingent' scholastic faculty in the U.S. (now comprising 75% of higher education teachers), and who are now activists in Higher Education Labor United (HELU).

 

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. 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

Transcript

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0:00.0

Welcome, friends to another edition of Economic Update, a weekly program devoted to the

0:25.6

economic dimensions of our lives and those of our children.

0:29.9

I'm your host, Richard Wolfe.

0:33.3

I have a couple of announcements on really big events, particularly one, that I want to bring

0:39.0

to your attention before we jump in to today's substantive program.

0:45.8

On the 9th of October, we are sponsoring, and by we I mean the Left Forum, Democracy

0:51.5

at Work, and the Economics Department of the John Jay College of the City

0:57.3

University of New York. The event is called It's Time for a big, beautiful, basic change

1:06.3

in our society. It brings together four speakers with distinguished histories that I

1:14.8

think you'll want to hear what they have to say at this critical time. Cornell

1:20.7

West, Chris Hedges, Laura Flanders, and myself. We want this to be what we know given our history it can be.

1:34.5

For us, for the organizations, for the institution, and for all of you. So please, if you're

1:42.8

interested, make a point. Go to our website, Democracy

1:47.7

at Work. Info, and click on the banner you'll find there, which has all the information you'll

1:55.0

need if you would like to participate in this event. Addresses, a panel discussion.

2:03.6

It's more important than anything else we could think of right now to help motivate and direct

2:11.9

the national conversation.

2:15.1

I also want to remind you one more time of an upcoming book release for the

2:20.4

book From the Flag to the Cross, Fascism American Style, published by OR Books. The launch

2:30.1

will happen in New York City, September 24, 6 p.m., Francis Kite Club, East Village,

2:37.0

40 Avenue C. You must R.SVP for this event. You can do all of that, again, go to our website,

2:47.0

Democracy at Work.Info, and click on the banner to do all of these things for either of these

...

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