Economic Update with Richard Wolff

Updates on Labor Day’s meaning, Amazon’s workplace horrors, Dunkin Donuts’ CEO against $ 15/hr, and how capitalism undermines recycling. Response to questions on shifting US federal tax burdens and on state’s role in capitalist economies. Major discussion of criticism of capitalism and directions for a better system.
 On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.We will focus on wages, jobs, taxes, and debts – and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.

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