Economic Update

Labor versus Capital Struggle in U.S. Intensifies

In today’s Economic Update, Professor Richard Wolff discusses The Washington Post’s exposure of the corporate rich sponsoring police repression against student protests and how Boeing, while exhibiting the airlines’ worst safety record, rewards its CEOs. In addition, the UAW loses a union election, as German capitalists and southern governors join forces to intimidate workers with job threats. Finally, we highlight why mass public transport is a better alternative to gas-powered vehicles than electric vehicles, and we end our show with an interview with David Van Deusen, a socialist and leader of Vermont AFL-CIO.