Economy

Elite Institutions Hoard Wealth While Cities Die Around Them

November 13, 2019

A movement to tax non-profits in a city mired in poverty has hit an obstacle: The richest institutions claim they already pay enough.

Economic Update: The Human Agenda

Partner Content Provided By: Economic Update with Richard Wolff
November 5, 2019

This week: Updates on the costs of the NBA’s offending China; worsening global inequality; 3 economists presented with the Nobel Prize for working on “incremental solutions” to poverty; Google’s donations to climate deniers; and the latest crisis of defaulted U.S. auto loans; Prof. Wolff interviews Mr. Richard Hobbs, an expert on worker co-ops and the…

Can Land Value Tax Give Baltimore’s Neighborhoods Back To Their Residents?

November 4, 2019

Joshua Vincent of the Center for the Study of Economics talks about how a land value tax could give Baltimore residents relief from the wealth extraction that absentee landlords perpetrate.

Central Bank Independence Is a Myth. They Need to Be Democratized.

October 30, 2019

Gerald Epstein discusses his new book, a collection of essays on how central banking is shaped, how it shapes the economy, and how it can be made more responsive to people’s needs.

Economic Update: Making Critical Arguments

Partner Content Provided By: Economic Update with Richard Wolff
October 30, 2019

This week: Updates on the U.S. housing crisis as a systemic failure using the example of the homeless LA opera singe; Greta Thunberg’s critics; how the Europeans benefit from the U.S. – China trade war; the Sackler family’s “donations” to museums and universities; and how capitalists have taken over Sports Illustrated Magazine. Prof. Wolff interviews…

Laura Flanders Show: Making Buffalo Our City

Partner Content Provided By: The Laura Flanders Show
October 28, 2019

Renewable energy, racist redlining, and now possibly a renaissance. The people of Buffalo, New York have seen a lot. In the last century, this was a booming industrial town fueled by a falls and people from all over the planet. But most of the wealth concentrated at the top, and at the end it mostly…

Union Organizer Takes On Neoliberal Fearmongering and Wins

October 28, 2019

Efforts to fight low wages and win health insurance for employees of a tax break-subsidized luxury hotel show how the mainstream media cultivates a false narrative that living wages are unaffordable.

Economic Update: The Capitalist Corporation

Partner Content Provided By: Economic Update with Richard Wolff
October 22, 2019

This week on Economic Update, Professor Wolff examines the structure and functioning of the large capitalist corporations dominating modern economies. He discusses their basic economics and influence on politics and criticizes rationales for corporate profits such as “risks” and “entrepreneurship,” and he also explores the parallels between corporate structures and monarchies.

Laura Flanders Show: How to Make a Democratic Economy

Partner Content Provided By: The Laura Flanders Show
October 21, 2019

The U.S. economy, weak or strong, is the question at the heart of the election. But it doesn’t get to the reality which is that, whatever else it may be, the U.S. economy is not democratic or good for the planet. But it could be. Marjorie Kelly and Ted Howard of the Democracy Collaborative say…

How Land Value Tax Could Narrow the Racial Wealth and Opportunity Gap

October 21, 2019

“Protecting property values” was a canard used to justify racist housing policy in 1910, and continues to be an excuse used today. But what if property wasn’t privately owned? Jacqueline Luqman talks to Rich Nymoen about why a land value tax could reduce inequality and address segregation in housing.