Economic Update: The 'Immigration Issue' and Capitalism

Economic Update: The 'Immigration Issue' and Capitalism

Updates on UK's Liberal Democrats advocating serious reduction of wealth and income inequality, Sears CEO blames pensions for Sears' problems, JP Morgan predicts next financial collapse in 2020, failure to deal with opioid crisis, G-20 meeting in Argentina evades real issues, Europeans clash with US over trade with Iran, trivial SEC fine for Citigroup dishonesty with investors. Major discussion: political economy of immigration as a right-wing issue and an effective left-wing response.

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Episoder(581)

U.S. Housing Crisis Deepens

U.S. Housing Crisis Deepens

This week on Economic Update, Professor Wolff presents updates on the Australian dockworkers' union's fight against A.I., the German auto workers' fight against VW layoffs, Private Suites running priv...

20 Jul 0s

Markets: Institutions Deeply In Need of Criticism

Markets: Institutions Deeply In Need of Criticism

This week on Economic Update, Professor Wolff presents an analysis of how markets work, which parts of society they favor and serve, and which they discriminate against. He also unpacks why markets ar...

13 Jul 31min

U.S. Capitalism as a Crisis for Men

U.S. Capitalism as a Crisis for Men

This week on Economic Update, Professor Wolff delivers updates on rising wages for app-based NYC food delivery workers, a wave of U.S. firms being sold to their workers, McDonald's disaster with an AI...

7 Jul 30min

Marx's Key Insight: Capitalism's Surplus

Marx's Key Insight: Capitalism's Surplus

The central concept of Marx's contribution to a critical understanding of the capitalist economic system - the entry point into his distinctive analysis - is "the surplus." Today's show is devoted to ...

5 Jul 32min

Supermarket Jobs, Super Exploitation

Supermarket Jobs, Super Exploitation

This week on Economic Update, Professor delivers updates on the so-called Social Security Crisis, the gross inequality of stock ownership in the U.S. today, the exploited and underpaid non-tenure trac...

5 Jul 31min

Lessons from China's Economic Development

Lessons from China's Economic Development

On this week's episode of Economic Update, Professor devotes the entire program to the why and how of China's passage from abject poverty and colonial humiliation to become, in unprecedented, record h...

5 Jul 31min

The Yellow Vests  Mass Movement in France

The Yellow Vests Mass Movement in France

This week on Economic Update, Professor delivers updates on the big union wins for 40,000 workers in the UC system, the ongoing strike of graduate student workers at Harvard, and basic statistics on t...

4 Jul 32min

Center for Popular Economics: Goals and Achievements

Center for Popular Economics: Goals and Achievements

On this week's episode of Economic Update, Professor delivers updates on why and how worker co-ops are a strategic direction for socialism, and Europe's deindustrialization. The second half features a...

8 Jun 31min

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