Economy

Economic Update: Worker Co-Ops Rising

Economic Update: Worker Co-Ops Rising

Partner Content Provided By: Economic Update with Richard Wolff
July 17, 2019

This week: Updates on “regulatory capture” in the U.S. vs E.U.; the IMF report on the U.S. economy finds major negatives; how Trump’s desperation for re-election shapes his aggressive policies towards the Federal Reserve, China and Mexico; Prof. Wolff interviews John Duda from the Democracy Collaborative and one of the founders of Red Emma’s Bookstore…

US Government Could Run out of Money, But That's not the Real Story

US Government Could Run out of Money, But That’s not the Real Story

July 10, 2019

Bill Black demystifies the reality of debt, what really’s happening, and why the politics of debt is so convoluted

Socialism Back on Agenda, 30 Years After 'End of History'

Socialism Back on Agenda, 30 Years After ‘End of History’

July 9, 2019

Alexandr Buzgalin discusses the crisis of neoliberalism and the resurgence of socialist thought and political movements, 30 years after the publication of Fukuyama’s ‘End of History’ thesis, which argued that there is no alternative to capitalism

Economic Update: Is U.S. Capitalism In Decline?

Economic Update: Is U.S. Capitalism In Decline?

Partner Content Provided By: Economic Update with Richard Wolff
July 9, 2019

This week: Updates on pay inequalities for CEOs VS average workers; the economics of mega-mergers; billionaires’ idea of “charity”; the economic consequences of attacking the Huawei Corporation; and Sen. Bernie Sanders take the lead on two new bills in Congress designed to expand and provide loans to employee-owned businesses and worker co-ops; Prof. Wolff interviews…

Facebook’s Libra Currency Monetizes Identity and Threatens Privacy

Facebook’s Libra Currency Monetizes Identity and Threatens Privacy

July 5, 2019

Bill Black discusses Feacebook’s new proposed crypto-currency, called “Libra.” Facebook could use this technology to standardize identity and create a world of ultimate surveillance, and then profit from it, says Black

Economic Update: China's Economic Record and Strategy

Economic Update: China’s Economic Record and Strategy

Partner Content Provided By: Economic Update with Richard Wolff
July 3, 2019

This week on Economic Update, Professor Wolff follows up with part two of his in-depth analyses of the USSR and anti-capitalist governments by providing (1) an overview of China’s economic development mostly over the last 25 years (GDP, real wages, etc.), and (2) its economic strategy: learning but also differing from Soviet strategy along with…

Economic Update: Rise and Fall of the USSR

Economic Update: Rise and Fall of the USSR

Partner Content Provided By: Economic Update with Richard Wolff
June 25, 2019

This week on Economic Update, Professor Wolff goes beyond the simplistic, sterile Cold War debates of demonizers vs celebrants of the USSR as he delivers an in depth analysis of the USSR’s strengths, weaknesses, successes and failures from its revolutionary beginnings in 1917 to its implosion in 1989. The first episode of a special 2-part…

Billions Stolen From Black Families by Predatory Lending

Billions Stolen From Black Families by Predatory Lending

June 20, 2019

White Collar criminologist Bill Black analyzes the new study, “The Plunder of Black Wealth in Chicago,” opening the way for a fruitful conversation about reparations and our future

Economic Update: A New Labor Movement Rising

Economic Update: A New Labor Movement Rising

Partner Content Provided By: Economic Update with Richard Wolff
June 19, 2019

This week: Updates on New York State Nurses Association strike; U.S. church membership and its tax subsidies; Toyota and Merkel slam U.S. economic nationalism; 40 U.S. states sue price-gouging pharma firms; Trump (“self-described “tariff man”) doesn’t understand it is Americans who will pay for all tariffs he imposes; Mothers’ Day and the minimum wage and…

The World Bank Helps Investors Choose the Law They Want (1/2)

Declaration of Philadelphia: The Labor Bill of Rights Now Replaced by 'Total Market'

June 18, 2019
Marking the 75 year anniversary of the ILO’s Declaration of Philadelphia, we explore this historic Bill of Rights through the lens of Alain Supiot, author of The Spirit of Philadelphia: Social Justice vs. the Total Market