Avsnitt
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On this week’s episode of Economic Update, Professor Richard Wolff draws attention to the 10,000 hotel workers who recently conducted a strike impacting major hotels across 19 US cities. We highlight the contested merger of the two largest grocery chains in America. Albertsons and Kroger threaten to become the third largest retail giant after Amazon, and Walmart plus the Canadian government forces 9000 Canadian railway striking workers back to work, with murmurs of a general strike looming. We also give a shout-out to a small Brooklyn pizzeria unionizing with Starbucks workers.
Finally, an exclusive interview with world-renowned economist, politician, author, and the former finance minister of Greece Yanis Varoufakis discusses global economic change and the working class, topics discussed in his latest work "Technofeudalism: What Killed Capitalism".
The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.
You can support our work by joining our Patreon community:
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Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.
We want to thank our devoted community of supporters who help make this show and others we produce possible each week.
We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info
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On this week’s special Labor day episode of Economic Update, Professor Richard Wolff honors both Labor Day and President Abraham Lincoln. President Lincoln once said in 1861 that "Labor is the superior of capital." Yet, capital in the United States has only two major political parties, the Republicans and the Democrats who both are currently advocating for capital over labor and essentially operating as a two-party monopoly excluding all others.
In today's political discourse, Labor has no party advocating for what Lincoln once advocated. The injustice and inequality generated in and for society by capitalist economies is neither necessary nor welcome. A genuine labor party is the missing solution.
The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.
You can support our work by joining our Patreon community:
https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate
Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.
We want to thank our devoted community of supporters who help make this show and others we produce possible each week.
We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info
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Saknas det avsnitt?
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On this week’s Economic Update, Professor Richard Wolff discusses Kate Pickett's and Richard Wilkinson's best-selling study in the book "The Spirit Level" (2009), showing how economic inequality correlates with most of the major social problems of our time.
We will juxtapose their latest paper "The Spirit Level at 15: The Enduring Impact of Inequality" Which details how economic inequality has only gotten worse since the past fifteen years, despite government laws and programs aimed to "reduce" inequality.
Wilkinson and Pickett show how inequality leads to severe social ills, divisions, and disintegration. What we need is to face that it is capitalism that generates the inequality that generates the hostilities and social tensions intruding upon and damaging our lives."
Important reading "The Spirit Level at 15: The Enduring Impact of Inequality:
https://eprints.whiterose.ac.uk/215026/1/The_Spirit_Level_at_15_2024_FINAL.pdfThe d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.
You can support our work by joining our Patreon community:
https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate
Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.
We want to thank our devoted community of supporters who help make this show and others we produce possible each week.
We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info
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On this week’s Economic Update, Professor Richard Wolff discusses the growing Labor movement and the nuclear disarmament movements in the United States; we will also examine the economic impacts of people under 50 not having nor wanting to have children; we highlight the UK Conservatives fearmongering claiming Free Speech is in danger from "cancel culture" and how anti "cancel culture" legislation was blocked by the new Labor gov't; We also discuss an Ohio court ruling that favors employers over the general public around boneless chicken that had bones.
Finally, we end the show with an interview with psychotherapist Tess Fraad-Wolff on gender, the patriarchy, and recent changes in capitalism.
The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.
You can support our work by joining our Patreon community:
https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate
Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.
We want to thank our devoted community of supporters who help make this show and others we produce possible each week.
We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info
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On this week's program, we question the effectiveness as well as the economics of US sanctions (Economic Warfare), also the American Federation of Teachers (AFT) endorses the United Auto Workers (UAW) plan of setting all union contracts to expire on May 1, 2028, essentially laying the groundwork for a "General Strike". We also highlight the latest rhetoric from the US Chamber of Commerce's declaration of a "labor shortage" which only masks their desire for government help in procuring more workers without having to offer higher pay and better working conditions to overcome the "phony" labor shortage.
Finally, we Interview Professor Clara Mattei from Rio as Brazil hosts G20 meetings and discuss the protest events calling for an end to the suffering of the people of Gaza.
Clara E. Mattei is an Associate Professor in the Economics Department of The New School for Social Research.
The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.
You can support our work by joining our Patreon community:
https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate
Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.
We want to thank our devoted community of supporters who help make this show and others we produce possible each week.
We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info
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Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of the 200th anniversary of his birth.
