Economic Update

Winds of Economic Change

West Virginia teachers strike, Trump tariffs, Germany makes public transport free, UK living standards crash 2005-2015, US rich schools get richer, debtors prisons return in US. Interview Dr Harriet Fraad on breakdown of traditional family, causes and consequences.


Updates on how Democrats helped destroy their party by backing campaigns against labor and the left after 1945, jobs created under Obama/Trump, lobbying in Trump’s swamp, deregulation and risky bank lending, worker coops to reduce inequality. Interview with attorney Leonard C. Goodman on how the legal system supports a rigged system.


Updates on global capitalism’s extreme inequality (Oxfam report), Victoria’s Secret’s billionaire owner, why immigration is a weapon of political distraction,” how GOP tax cut helps the rich more than others, MSU sex abuse scandal reflects “running schools like a business.” Major discussion: Marx’s life, goals of his writings, and their lasting relevance.  


Economic Update

Economic Update – February 16, 2018

Updates on capitalist fishing industry self-destructs, how malls mirror US capitalism, blaming government self -destructs in Oklahoma, renationalizing in UK, Mulvaney says interest rate spikes coming (how tax cuts hurt us). Interview with lifelong unionist Charles Fabian on decline and potential of US labor movement. With Host Richard D. Wolff.


Updates on economic data hype vs reality, big capitalists against health capitalists, profit-driven housing rip-offs, Saudi Arabia taxes its own super rich, London top male execs abuse women they hire, and US vs UK homelessness. Interview with Dr. Harriet Fraad on “Capitalism and Mental Health.” With Host Richard D. Wolff.


Updates on corp tax savings not used for bonuses or wage increases, why tariffs fail to rescue jobs, UK and US universities react to economic change, Trump’s solar panel tariffs are political theater, and Ursula LeGuin’s critique of capitalism. Interview with Mary Douglas, Exec. Director of Democratize the Enterprise.


Updates on problems and solutions for workplace discrimination, China’s ascending economy, capitalism’s drive to income and wealth inequalities, economics of immigration’s winners and losers, US capitalism and African-Americans. Interview with co-author Prof. Richard McIntyre on new book: Knowledge, Class and Economics: Marxism Without Guarantees. Hosted by Economics Professor Richard D. Wolff


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