Updates on Bernanke's new big-bucks finance job, GM avoids billions in victims' claims for faulty ignitions, Seattle capitalist raises all workers to minimum $70k/yr, Americans' self-delusion on inequality, private profit trumps public policy, and anti-student-debt activism. Responses to listeners: impact on China if capitalism's relocation stopped. Major discussions of economics of wages and prices, narrowness of economics education, and basic global economic development issue.
Updates on inadequate unemployment insurance, Ted Cruz's campaign money, law giving domestic workers real benefits, and demonizing the poor. Responses to questions on California drought and US medical system's experiments on people. Interview with Yochai Gal on TechCollectives he organized: two successful worker coops.
Updates on car parts industry, German courts cut Uber, Russia's economy grows despite sanctions, no recovery in declining teaching positions for new US PhDs in humanities, and huge Mexican strikes against Driscoll berries produced for US. Responses to listeners on (1) countries' currency manipulations and (2) role of unions in workers' coops. Interview Dr. Harriet Fraad, mental health counsellor, on how capitalism's changes since 1970s have disrupted the personal lives of US men and women and creative solutions.
Updates on Trans-Pacific Partnership secrets, the Heinz-Kraft merger, the overly costly, underperforming US medical care system, fines for Graco selling faulty child car-seats, China's real-estate bubble, and estate tax repeal by Republican House. Response to listener on property: private versus public. Major discussion of how system change happened in the past and and how in capitalism today.
Updates on Yellen press conference,"Blockupy" protests in Europe against ECB and austerity, New York mayor DiBlasio signs bill for worker coops, and important fight over closing Sweet Briar college. Interview with veteran reporter Bob Hennelly on economics of US political corruption with special focus on his native New Jersey.
Updates on pizza politics, changing currency values, and tax-cutting politicians' wild claims. Responses on workers coops' competitiveness and on 'unfree' agricultural markets. Interview Walter South on economics of housing and dangerous economics of US cities and suburbs.
Updates on German anti-capitalism, student debt default, credit card economics and unregulated chemicals. Response to listeners on pension scandals and Harvard economic research.
Updates on political corruption, Greek election results, social security taxes, debt jubilee, union membership and revolutions' lessons.