Late Stage Capitalism and Technical Change
Economic Update with Richard D. Wolff
Democracy at Work
4.8 • 2.1K Ratings
🗓️ 21 October 2025
⏱️ 31 minutes
🧾️ Download transcript
Summary
On this week’s episode of Economic Update, Professor Wolff delivers updates on the censoring of U.S. government reports on hunger, changes in U.S. agriculture amid capitalism's decline, the special place of white, male, Christian union members in the MAGA world, and the relation of A.I. and jobs. In the second half of the show, Professor Wolff interviews UCLA Professor Ramesh Srinivasan, host of the podcast “Utopias,” on technology, capitalism, and our collective future.
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Transcript
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| 0:00.0 | Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic |
| 0:27.1 | dimensions of our lives and those of our children. I'm your host, Richard Wolf. A few quick |
| 0:34.8 | announcements before we jump into today's program. |
| 0:40.0 | The first one is that our every other month presentation, global capitalism, will take place |
| 0:47.9 | next on the 12th of November in the evening at the Women Building Up headquarters in Brooklyn, New York. |
| 0:58.0 | Please think about coming if you might be in the New York area at that time, and you can find |
| 1:04.2 | out all the details by going to our website, Democracy at Work.Info slash global cap. And that will give you the information |
| 1:14.9 | you need. Secondly, I want to direct you all to our substack. We now have a very rapidly |
| 1:22.8 | growing substack program with all kinds of material that we add every single day. |
| 1:30.3 | Please take a look. I think you'll find it very interesting material for your own consumption. |
| 1:39.3 | You go to Democracy at Work.substack.com to get at that. |
| 1:46.1 | And finally, a word of thanks to you all. |
| 1:49.0 | Many of you have been letting us know about the fake videos. |
| 1:53.9 | Videos that look like me, sound like me, might even be the words taken from my presentations and my interviews, which I do several |
| 2:04.9 | every day. But this is now a serious problem, not just for us, but for others. There's a whole |
| 2:12.1 | industry in making up fake videos. Many of you have noticed the words don't sound like me, the voices chopped up, |
| 2:21.5 | the likeness has obviously been composted in some way out of other materials. If you want to be |
| 2:30.5 | sure that you get the genuine material. There's three places to go. |
| 2:35.4 | Our website, Democracy at Work.Info, our YouTube Democracy at Work channel, and then Democracy |
| 2:44.0 | at Work, social media. |
| 2:46.5 | Those are our products. |
| 2:48.2 | We put the material on there. |
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