Economic Update

Economic Update - Capitalism, Revolution, and Socialism - 09.24.17

Updates on major capitalist failures, buying senators on health care, opioid addiction's effects on insurance and on labor force participation, price gouging in emergencies, and US income inequality. Major discussion on 100th anniversary of Russian Revolution in 1917: lessons of USSR economic history for 21st century socialism.

Economic Update - Corporate Capitalism in Decline - 09.17.17

Updates on capitalism and hurricanes, the business of drug addiction and overdose, with poverty, hookworm too returns to America, and the economics of elite universities' tax avoidance.

Interview with Chris Hedges on a declining, decaying capitalism.

Economic Update - A Tale of Two Crises: 1929 and 2008 - 09.03.17

Updates on US working conditions 2017, looming US recession and plans for negative interest rates, schools raise funds by shaming poor school children, and the economics of fascism. Major discussion: why FDR's New Deal (successful trickle up economics) was not repeated after 2008 (unsuccessful trickle down economics). Consequences of post-1945 destruction of coalition that produced New Deal.