
On this week's show, Prof. Wolff presents updates on how air-bnb reflects workers' falling living standards, price-gouging anti-virus masks, purpose of Trump's record deficit, end of Brexit distraction makes UK face its real problem: capitalism, and cause of San Diego's pension crisis. The second half of the show features a major discussion of the economics' centuries-old, #1 debate - more vs less govt economic intervention. That debate mostly distracts from the feared debate over capitalism vs really alternative systems.
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Updates on Trump's 2019 $ 1 trillion plus deficit, burden of poor countries' debt, Amsterdam forgives young peoples' debts, "strong man" governments' fund-raising strategy, and gross failures of Trump/GOP's 2017 tax…
Introduction to capitalism's systematically uneven economic development. From Marx's original criticism of capitalism for producing and reproducing unevenness to the many historical examples, today's program argues that…
Discussions of (1) "unemployment rate" as inadequate measure of economy's well-being; (2) decline of real value of US minimum wage; (3) multiple failures and flaws of markets, (4) corporations as less economically…
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…
Updates on sale of coop craft brewery, US medical costs highest in world, and the "overcoming poverty" defense of capitalism's inequality and instability. Interview Laura Flanders on independent media.