Economic Update with Richard D. Wolff

Democracy at Work, Richard D. Wolff
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Nov 1, 2015 • 59min

ECONOMIC UPDATE: WHEN PROFITS COME FIRST

Sept 7, 2015 This week's updates cover extreme poverty, workers' victory over tech giants, NFL concussions, Trump's economics analyzed and Oakland for worker coops. Prof Wolff responds to listeners questions on workers who lost out from 2007-2014 and on the injustice of state and local taxes. We close with major discussions of last week's stock market gyrations and the resurgence of socialism.
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Nov 1, 2015 • 59min

ECONOMIC UPDATE: PRECARIOUS WORK = CAPITALISM'S INEFFICIENCY

Sept 14, 2015 This week's updates include the economics of refugees, Ford buys French political wife, LAs homeless, Labor Day history, Seattle Teachers strike and why Japan's jobs are ever more precarious. Prof Wolff responds to listeners on why rising wages need NOT mean rising prices. Interview with Dr. Harriet Fraad, mental health counselor, on the psychological pains, personal suffering, and huge social costs of imposing uncertainty and precarity on job security, hours and days of work, benefits, and wages.
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Nov 1, 2015 • 59min

ECONOMIC UPDATE: CAPITALISM'S INSTABILITY

Sept 20, 2015 This week's updates include the GM settlement, a look at why the Census Bureau proves there is no recovery for 90% and why GE is moving jobs overseas. Prof. Wolff responds to listeners on FED agonies over interest rates and how capitalism mishandles unemployment. We end with a major discussion of WSDEs and capitalist corporations.
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Oct 30, 2015 • 59min

ECONOMIC UPDATE: PUERTO RICO AS US'S GREECE

Sept 27, 2015 This week's updates include a look into new Detroit book, the Mayor's austerity policy in Chicago, homeless school children and soaring medical insurance deductibles. Prof. Wolff responds to listeners on the VW scandal and the Pope's statements on economics. Prof. Wolff also interviews Prof. Ian Seda-Irizarry on the current crisis in Puerto Rico.
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Oct 28, 2015 • 59min

ECONOMIC UPDATE: MEANINGS OF CLASS

This week's episode includes updates on the Swedish plan for peaceful transition beyond capitalism, ripoffs in car insurance and Ferguson, MO's credit downgrade. Prof. Wolff's response to listeners about the CA drought and the best solution for corporate abuses like VW's. Major discussions include what class means and what is at stake in the different meanings of class and guaranteed income vs guaranteed jobs.
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Oct 27, 2015 • 59min

ECONOMIC UPDATE: CAPITALISM'S CRIMES

October 11, 2015 This week's episode includes updates on the attack against Planned Parenthood and Irish and French unions' current initiatives. Prof. Wolff responds to questions on the VW scandal and the TPP deals. The second half of the show includes an in-depth update and analysis of the ongoing Crisis in Greece with Prof. Harry Konstantinides.
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Oct 26, 2015 • 59min

ECONOMIC UPDATE: CAPITALISM VS DEMOCRATIC SOCIALISM

Today's episode includes updates on a monstrous beer merger, buying the US presidency, homelessness in Hawaii and the Canadian election results. Prof. Wolf responds to a listener's question on the relationship of individualism to capitalism and socialism. We end on a major discussion of the history of socialism vs. capitalism with a focus on the specific place of democratic socialism.
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Oct 25, 2015 • 59min

ECONOMIC UPDATE: CO-OPS VS CAPITALISM

October 18, 2015 This week's edition of Economic Update features discussion on: saving capitalism, looming economic downturn, 250,000 against TTIP in Berlin, US plan to give Puerto Rican taxes to banks, and a one-on-one interview with Ms. Laura Flanders, an independent journalist on co-ops vs capitalism.
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Jul 14, 2015 • 53min

Higher Education in Crisis

June 14, 2015 Today's updates include an analysis of unemployment numbers to show what they hide as well as reveal. Responses to listeners' questions expose the economics of lotteries and why the largest US corporations have recently used their profits to buy back their shares in the stock markets. The second half of the show features an in-depth interview with Prof. Sohnya Sayres where we explore the end of free college and universities in the US, the rise of administrators dominating students and faculty and what these trends have meant for the quality of higher education in the US.
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Jul 14, 2015 • 53min

Fighting Economic Justice

June 21, 2015 Today's show opens with Goldman Sachs' injustice and then we move on to the 'independent contractor' ploy just busted at FedEx and Uber followed with Wisconsin governor's attack on public universities to lower taxes on corporations and the rich. In the second half of today's show, we interview Prof Kristin Ross on her new book about the significance of the Paris Commune where workers fought injustice by reorganizing society dramatically and effectively.

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