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Economic Update with Richard D. Wolff

The US Housing Crisis Today

Economic Update with Richard D. Wolff

Democracy at Work

Politics, News, Government

4.82.1K Ratings

🗓️ 10 March 2026

⏱️ 32 minutes

🧾️ Download transcript

Summary

On this week's episode of Economic Update, Professor Wolff discusses the history of highly successful government-built and-operated housing launched in 1918, the gains won by UAW workers in the first contract at the Volkswagen factory in Chattanooga, TN, and the story of the three-year strike by the Newspaper Guild against the Pittsburgh Post-Gazette, which was finally won—only for the paper's owners to shut it down. The second half features an interview with Rob Robinson about housing, affordability, and homelessness in the U.S. today.

 

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 economic

0:27.4

dimensions of our lives and those of our children.

0:31.0

I'm your host, Richard Wolfe.

0:34.4

For those of you who may have missed the deadline to sign up for the spring online classes

0:40.8

from the Left Education Project, those are now in their second week.

0:46.5

You can register for the rest of these courses at any of the tracks at a discounted rate. Each class runs from four to six in the afternoon,

0:58.0

Eastern Standard Time, and we know that that's inconvenient for some of you. And so we have

1:04.0

decided to make live recordings of the entire class available to anyone who signs up at this point, whether or not you've

1:13.6

seen the other classes, you will have the whole course at your disposal. Please go for more

1:20.3

information to leftforum.org slash LEP for Left Education Project.

1:29.0

Please also remember to like, subscribe, and share this video, and support our work by visiting

1:36.6

our website at www.democracy at work.info and or by signing up to our substack community at

1:48.0

sub, excuse me, Democracy at work.substack.com. All of these mechanisms broaden our reach.

1:58.0

It's a way to partner with us and to build the very large community we now

2:03.7

have approaching 600,000 YouTube subscribers, and we invite you to do so. Okay, today's program is

2:13.0

going to be particularly focused on housing. We will have an interview in the second half with Rob

2:19.7

Robinson, who's been our guest before, talking to us about the housing crisis. Affordability,

2:27.3

which everybody is talking about, has an awful lot to do with the housing costs, the rental

2:33.3

payments you make and so on.

2:36.0

And we'll also be talking a little bit about two important union events that teach important

2:41.8

lessons.

2:43.2

So let's get right to it.

...

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