Economic Update

Economic Update - Fantasy, Comedy, Tragedy: Delivering News Today

Updates on million-person Communist demonstration in India, subsidized "development" by Foxconn and Amazon, merger making big banks bigger, delusion of "bringing back manufacturing" US. Interview with Lee Camp of "Redacted Tonight" on comedy, news and analysis.

Economic Update - Economics of Conflicted Mothers

Updates on the government shutdown's very important lessons, US teachers oppose a declining capitalism imposing its costs on the people, and firing the big banksters leaves our big bank problems unsolved. Interview with journalist Julianna Forlano on economic costs and effects of a working mom in US capitalism today.

 

Economic Update - Police and Policing in the US

Prof. Wolff presents updates on (1) the US public education crisis (teacher strikes, declining quality, insufficient resources) and how it undermines the US's economic future, (2) the absurdity of the government shutdown over an ineffective wall and a tiny portion of the government's budget, and (3) how the schools crisis and the shutdown signal a larger social decline. The second part of the show features an interview with Professor Alex Vitale on his book, The End of Policing, and why US police have grown and changed their functions so drastically in recent decades.

Economic Update - Socialism: From Past to Future

On this episode of Economic Update, Prof. Wolff begins with socialism's history especially in the US: from being widely discussed up to 1945, then repressed in the Cold War, and now vigorously revived since 2008. He then examines socialism's basic economic criticism of capitalism in the 20th century. And finally, he shows how and why the socialism emerging now is new and different.