Economic Update - Economic Codependency - 06/25/14

25Jun

Updates on rising rates of young men earning below-poverty wages, Detroit's retired city workers accept 4.5% cut in pensions, Missouri government struggles over tax cuts for special interests. Major discussions of (a) new book on China-US codependency and (b) how/why our economic system works and breaks down. Response to listener's question on corporate taxes.

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Economic Update - Capitalism’s Mounting Contradictions - 06/18/14

18Jun

Updates on RI Senate rewards firms limiting inequality, recession-driven increases in suicide rates, opposition to Dodd-Frank, negative effects of lower federal deficits, human costs of Detroit-type decline. Major discussions of economics of advertising and privatization. Response to questions on British real estate bubble and on worker cooperatives deciding on uses for their surpluses/profits.

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Economic Update - Economic “Side-Effects” - 06/11/14

11Jun

Updates on Walmart's Mexican bribes, car loans turn bad, state taxes, US slower than Europe on renewable energy, Seattle's $15/hour wage minimum, Finland fines according to ability to pay. Major discussions: (1) medical-industrial complex and (2) London conference to build mass acceptance/resignation to capitalism's "side effects". Response to questions on consumer stocks, H-1b visas, economic growth and differences between socialism and communism.
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Economic Update - Myths of Capitalist Efficiency - 06/04/14

4Jun

Updates on Maya Angelou, Chilean students' victory, uneven = no recovery, Detroit's plan to demolish 40,000 houses, and housing market realities. Major discussions on (1) international movement of economics students challenging curricula and teachers, and (2) economics of advertising

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