This Episode Originally Aired on August 3rd, 2018
MOTION: Globalization Has Undermined America's Working Class
Globalization ushered in an era of free trade, fluid borders, and unparalleled corporate profits. For its proponents, the global integration of states and their economies was a political and economic win that created a wealth of opportunities for wo ... Show More
Dec 2024
Class Struggles Worldwide
This week's episode of Economic Update, Professor Wolff delves into key global developments, including President Trump's looming tariff wars, the collapse of Emmanuel Macron's government in France, and massive strikes by Volkswagen workers in Germany. He also examines the fall of ... Show More
29m 11s
Sep 2025
The mystery of the vanishing jobs
The annual jobs numbers are in. And they have been revised down by 911,000 positions. But in a quickly changing economy, with many laborers literally leaving the country, what does that mean? Today on the show, Rob Armstrong and Aiden Reiter discuss the new landscape of employmen ... Show More
20m 44s
Nov 2023
A Turning Point for Global Trade
International trade has shaped the world for much of the past century. Countries benefited from the global flow of goods, and the world became richer and safer. At the same time, many Americans lost their jobs to cheaper overseas competitors. Now, a series of compounding challeng ... Show More
40m 12s
May 2022
Is (De)globalization Ahead?
Amid the Russia-Ukraine conflict, COVID-19 lockdowns and associated supply chain disruptions, globalization is arguably facing its biggest test of the post-Cold War era. In this episode of Exchanges at Goldman Sachs, Adam Posen, president of the Peterson Institute for Internation ... Show More
27m 53s
Sep 2025
What Happens When Capitalism Doesn't Need Workers Anymore?
Imagine a world where AI outsmarts you at work—scary, right? From the Philippines to the US, AI is changing the economic landscape, increasing the GDP of rich nations (5.4% in the US) while putting millions of jobs at risk in developing countries. Will machines leave you behind, ... Show More
15m 29s