
Updates on France's successful mass uprisings (Yellow Vests in 2019; mass union strikes in 2020) that forced gov't to back down on changes that workers opposed; how endless wars impose huge debts; and how US Catholic Church uses bankruptcy law to keep assets from compensating victims of pedophile priests. Interview with journalist Bob Hennelly on military spending and debts in the US economy.
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On this all new episode, Prof Wolff discusses three major criticisms of Economic Update: (1) that we don't praise capitalism for reducing world poverty, (2) that we don't admit that "socialism has never worked…
Updates on Job Quality Index and its US decline, the French activism against President Macron's effort to cut pensions, Gartman Letter urges investors to sell stocks in face of Trump's policies deteriorating the…
REPEAT [S9 E13] In-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism's unnecessary production of unemployment because it utilizes…
Libertarians defend capitalism by saying its many current flaws/faults flow from the state's economic interventions, not from the system itself. Libertarians oppose socialism as even more state-dominated. We criticize…
This week’s special topic discusses capitalism's growing problems, such as inequalities, instabilities, and unsustainability. That leads some defenders to argue that the causes of these problems are monopolies…