Economic Update

Socialism of the Past, Present and Future

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This week’s episode discusses critiques of Uber and the gig economy; how Wisconsin Sen. Ron Johnson endorses inequality; Norway paying male and female athletes same; corporations buying back their own shares; the deaths of overworked Japanese people; how 10 percent of New York schoolchildren are homeless; and how a majority of US corporations already pay much below official 35% tax rate. This episode also includes a discussion on the changing economics of socialism.

With Host Economics Professor Richard D. Wolff.

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