This program is devoted to Occupy Wall Street (OWS) on its 10th anniversary. Prof. Wolff discusses OWS as a historic turning point, as legacy for the US left, and his personal experience. Wolff presents OWS's 4 basic causes, its anti-capitalist economics, and its lessons.
On this week's show, Prof. Wolff presents updates on the complexities of anti-vaccination movements, the long decline of religion in US capitalism, Disneys’s shift to serve the richest, lessons from AFL-CIO chief Richard Trumka's leadership, and failures of GOP, Dem leaders to stop last 75 years of decline of manufacturing in the US economy (driven by corporate profitability).
On this week's show, Prof. Wolff presents updates on Alabama miners' strike, how China's focus on reducing inequality affects competition with the US, and the economics of the "right to repair" consumers' movement in the US. The second half of the show features an interview with investigative reporter Bob Hennelly, author of Stuck Nation: Can the United States Change Course on Our History of Choosing Profits Over People?
This week on Economic Update, Prof. Wolff discusses the new US program for monthly child benefits; why Covid strengthens some and divides other nations; the myth of "labor shortage;" the real cost of ultra-luxury cruises; Uber and sexual assaults; and lastly, the outsized US costs of healthcare.
On this week's show, Prof. Wolff provides updates on two small labor victories (Vermont's AFL-CIO and 4000 pork-processing meat cutters in Sioux Falls), how global capitalism became even more unequal during the pandemic, Iceland's move to the 4-day work week, US students hobbled by debt, and why "labor shortage" is actually class war. On the second half of the show, Wolff interviews Wendy Liu, author of "Abolish Silicon Valley: How to Liberate Technology from Capitalism."
On this week's show, Prof. Wolff discusses the election of a socialist, African-American woman as new mayor in Buffalo, NY; US unemployment insurance's meager support for jobless; Teamsters target Amazon workers for union drive; veterans' suicides and the costs of US wars. On the second half of the show, Wolff interviews Rodrigo Roa Fernandez, Chilean revolutionary activist on his country's new feminist movement, Constituent Assembly, and new Constitution.
On this week's show, Prof. Wolff presents updates on "The Friends" reunion and what it teaches, how China outmaneuvers US tariffs, etc., and how Yellow Vests plus French unions defeated Macron "reforms." On the second half of the program, Wolff interviews Astra Taylor, filmmaker and debt rebellion activist.
On this week's show, Prof. Wolff talks about Chipotle Mexican Grill blaming its price increases on its workers, economist Arthur Laffer's claims that many poor, minority workers are "not worth $15/hour." and false claims that lower taxes help economic growth while higher taxes hurt it. On the second half of the program, Wolff interviews August H. Nimtz, Jr. on today's crisis of a declining US capitalism, its impacts and implications.
On this week's show, Prof. Wolff discusses French voters abstaining (66%), and rejecting party establishments in the face of social crisis; Seattle City Council helps tenants with law changes as conservatives seek to recall progressive Council leader Sawan; growing US economic inequality cuts mass consumption and thus hurts US economy; June 2021 polls show capitalism losing, socialism gaining among US adults including Republicans; Washington Post columnist seeks to ban billionaires as bad for society.
On this week's show, Prof. Wolff discusses Wall Street money corrupting US elections and the facts of a declining US capitalism (wage stagnation driving inequality, rising health and education costs, falling real social security benefits, unequal wealth of people of color vs whites, gross worsening of US income and wealth inequalities). On the second half of the show, Prof. Wolff is joined by David Van Deusen, President of Vermont state AFL-CIO, to talk about the victories of progressive unionism.
