Economic Update

Economic Update - The Capitalist Corporation

 This program examines the structure and functioning of the large capitalist corporation dominating modern economies. We discuss their basic economics and influence on politics. We criticize rationales for corporate profits such as "risks" and "entrepreneurship" and explore parallels between corporate structures and monarchies.

 

 

 

 

Economic Update - Making Critical Arguments

Updates on US housing crisis as systemic failure (the homeless LA opera singer), Greta Thunberg's critics exposed, Europeans gain from US-China trade war, Sackler family "donations" to museums, universities, capitalists take over Sports Illustrated. Interview on Left's critical arguments with Prof. Ben Burgis of Georgia State University.

Economic Update - Worker Co-ops, Socialism's Future

"First half focuses on how, why socialism has changed from what it meant in the 19th and 20th centuries (public enterprises + state planning vs capitalism's private enterprises + markets). Second half explores why 21st century socialism aims to democratize capitalist workplaces, replacing their top-down undemocratic organization with worker cooperatives

Economic Update - A Growing US Left

Updates on California events (LA Times labor union, 80,000 Kaiser workers to strike, new state public banking law), gross inefficiency of private car industry, anti-left politics in US labor history, wide global use of wealth taxes vs "conservative" claims. Interview: Michael Brooks, host of Michael Brooks Show podcast.