Economic Update - Keynesian Vs. Marxian and Neoclassical Economics - 09.15.18

15Sep

This week's special edition of Economic Update deals with Keynesian economics as a theory that clashes with both the mainstream economics ("neoclassical") that celebrates private capitalism and with critical theories such as Marxian economics that are opposed to capitalism. 

 
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Economic Update - Gov’t Take-over Not Always Socialism - 09.08.18

8Sep

This special editon of Economic update deals with how and why government take-over of private corporations need not be and often is not "socialism" and why it is often done to strengthen private capitalists.
 
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Economic Update - Capitalism Invites Deepening Criticism - 09.02.18

2Sep

 Updates on new approach to Labor Day, DNC accepts fossil fuel donations, Turkey's crisis as typical capitalist instability, collapse of Genoa toll bridge, exploding gap between CEO and average worker pay, Gallup Poll on capitalism vs socialism in US.Interview with Dr. Harriet Fraad on why US workers don't rebel more against systemic deprivations.

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Economic Update - Capitalism’s Problems Provoke Oppositions - 08.24.18

25Aug

Updates on Missouri vote for union position, the irrationality of student debt, economic sanction of Iran isolates and costs US for Trump political gains, Monsanto puts profits over cancer risks, Louisiana legislature punishes big banks for lending to assault rifle producers (not for money laundering, illegal fees, mortgage loan disaster etc.). Interview with Troy Walcott, striking Spectrum Cable technician.

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Economic Update - Capitalism: Changed by its Contradictions

19Aug

Updates on poverty in California, childhood obesity in US, economic fallout from (real meaning of) Trump steel tariff. Prof Wolff responds to questions by explaining how US politics has sustained US capitalism and what the politics of change will require.

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Economic Update - Capitalism: Problems and Pushback - 08.12.18

12Aug

Updates on social costs of criminalizing marijuana, US food outlets taken over by foreign conglomerates, capital labor conflict in India, Trump's Signature Bank swamp, New Zealand makes 10-days paid domestic violence leave mandatory. Interview with Matt Christman and Will Menaker of the Chapo Trap House podcast phenomenon: how and why its mix of comedy and sharp social criticism grew to be so popular.

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Economic Update - Hiding Capitalism’s Failures - 08.05.18

5Aug

Updates on Europe's higher labor force participation; Cuomo campaign fakes "small donations"; US restaurants decline as pinched incomes switch to food delivery; "market" housing system causes homelessness; education fails to overcome black-white wealth gap. Interview with Dr. Harriet Fraad on causes and consequences of US declining fertility rate.

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Economic Update - Doing Better Than Capitalism - 07.29.18

29Jul

Updates on New Zealand firm succeeds with 4 day workweek; Vienna's public housing successes; Fordham adjuncts' union wins big; Burberry destroys $ millions in new clothes; precarious US jobs worsen alcoholism among young; US airlines raise profits by shrinking                toilets. Interview on collapse of Toys-R-Us chain (causes and consequences) with worker Cheryl Claude and organizer Charles Khan.

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Economic Update - Millennials for Revolution - 07.22.18

22Jul

Updates on Trump's tariffs cost Americans jobs, shifting capitalist alliances dont change the system, Irish parliament stops investing in fossil fuels, Washington state forced fast food employers to stop rigging labor market against employees, why Germany's "dependence" on Russia is less that the US dependence on China, and why China does not "steal" US technology. Interview with Moumita Ahmed, co-founder of Millennials for Revolution.

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Economic Update - Historic Lessons - 07.15.18

15Jul

Updates on Nissan emissions cheating, Americans value labor unions, 2017 corp tax cuts boost share prices, worsened inequality, Trump/GOP trade war reality vs fakery. Interview Elizabeth Marciano, West Va. teacher on state's successful, historic 2018 public school teacher strikes

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