Economic Update

Economic Update - 04/30/13

Economic Update - Economic Reality Checks - 04/09/13

Updates on "recovery," No. Dakota's public bank, costs of US wars, global austerity, and rising health care costs for employees. Major discussions of banking crisis, Stockton, CA bankruptcy, declining US manufacturing and "neutrality on raising corporations' taxes. WSDEs: Mexican tire factor run by workers since 2005; responses to questions on "pure" capitalism and business reactions to resource limits.

Economic Update - Economics and Capitalism - 04/02/13

Updates on Cyprus’s extreme austerity, equal justice and markets,falling job quality, and capitalism’s impact on China. In-depth discussions of how worker coops can get needed capital and on basic flaw in economic education at college and university levels. Response to listeners’ questions on printing money and inflation and on teachers’ self-directed schools.

Economic Update - Fighting Economic Injustice - 03/23/13

Updates on important lessons of Cyprus crisis, big bucks for Wells Fargo CEO, the home finance crisis, and real fur faked. Interview with Keith Harrington on organizing for a changed, new economic system. Analysis of South Mountain Co, a workers coop; response to questions on Obamacare and on minimum wage debate.

Economic Update - 03/19/13

Professor Wolff is joined by Victor Wallis to discuss ecology and economics comparing capitalist and socialist responses to environmental crisis.

Part 2 deals with Keynesian economics as a theory that clashes with both the mainstream economics (“neoclassical”) that celebrates private capitalism and with critical theories such as Marxian economics that are opposed to capitalism.

Economic Update - Capitalism: Critiques and Alternatives - 03/12/13

Updates on defeats for Walmart, recovery for the tiny minority, Qatar royalty buys, and European moves to limit exec pay and tax financial transactions. Analysis of capitalism’s history, its critics, and the alternatives they proposed. Discussion of workers’ cooperative in Wisconsin and an analysis of the difference between capitalist competition and competition among cooperatives.

Economic Update - Economics and Family Values - 03/05/13

Updates on the “sequester,” the US auto industry, and lessons from South Africa. Interview with psychotherapist Dr. Harriet Fraad on capitalism, family, and “family values.” Comments on a coop cafe and bookstore business, on banks using bailout money to evade taxes, and on social versus private investment.

Economic Update - 02/26/13

Economic Update - Where Profit Motive Leads - 02/19/13

Updates on worker takeover of Greek factory, minimum wage debate, and European horsemeat scandal. Detailed analyses of Post Office cutbacks, economics of educational decline, and paying for war with taxes. Comments on Cambridge, MA workers who reopen and run pizza closed by capitalist owners; responses on relation of capitalism and democracy and labor as source of all value.

Economic Update - Lessons from Megabanks’ Megascandals - 02/12/13

Updates on big bank misdeeds, internet provider monopoly, and social effects of unemployment. Critical analysis of proposal to break up big banks, capitalism and the tomato industry, and expose of real goals of austerity policies. Response to listeners with example of successful worker coop (WSDE), Union Cabs of Madison, WI., differences between ESOPs and WSDEs, and beginning of analysis of how WSDE’s raise the capital they need to start and continue.